
Phoenix, AZ 85018
This Stunning New Construction Estate is a Strong Value Opportunity, listed at $4,499,000—positioned well below the $5,120,092 Fair Market Value by 12%. This valuation gap offers $621,092 in Instant Equity. Featuring an Excellent Condition Rating, this 2023 build includes a chef's kitchen, dual primary suites, and a separate guest house. With a resort-style backyard and Camelback Mountain views, it is an ideal sanctuary for Luxury Homeowners or Multigenerational Families seeking a turnkey, high-end lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5714 E LAFAYETTE Boulevard Subject | $4,499,000* List Price | 7 | 7 | 5,692 | $900 | - |
A 5414 E LAFAYETTE Boulevard Sold | $5,000,000 | 5 | 6 | 5,225 | $957 | 0.4 mi |
B 5414 E LAFAYETTE Boulevard Sold | $5,000,000 | 5 | 6 | 5,150 | $971 | 0.4 mi |
C 5538 E Lafayette Boulevard Sold | $5,500,000 | 5 | 6 | 5,450 | $1,009 | 0.2 mi |
D 5517 E MARIPOSA Street Sold | $3,915,000 | 5 | 3 | 4,061 | $964 | 0.4 mi |
E 4030 N 54TH Place Active | $4,200,000 List Price | 5 | 5 | 5,016 | $837 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a 2023 new construction/total remodel in mint condition. It features a high-end chef's kitchen with Wolf appliances, brand-new systems (HVAC/Electric), vaulted ceilings with exposed beams, and premium finishes throughout, requiring zero maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 28710, living area = 5692.
Situated on a prestigious stretch of Lafayette Blvd, the property offers iconic Camelback Mountain views and an oversized 0.65-acre lot in the heart of Arcadia.
The floor plan features dual primary suites and a substantial separate guest house with a full kitchen and two bedrooms, providing unmatched flexibility for guests or extended family.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 6.
While the elementary school is highly rated, the assigned middle and high schools have lower ratings (6 and 5 respectively), which may be a consideration for education-focused families.
For a luxury estate of this scale with seven bedrooms, the 3-car garage may be considered insufficient for collectors or large households requiring more covered parking.
Exceptional NEW CONSTRUCTION single-level home in the highly sought-after ARCADIA area, situated on an OVERSIZED 0.65-acre lot along a premier stretch of Lafayette Blvd with Camelback Mountain views and close proximity to some of Phoenix and Scottsdale's most desirable destinations. Blending luxury design with authentic cottage-inspired charm, this beautifully remodeled residence offers exceptional indoor/outdoor living with vaulted ceilings, exposed wood beams, wide-plank wood flooring, designer lighting, extensive millwork, and expansive sliding glass doors opening to resort-style outdoor spaces. The open-concept floor plan centers around a chef's kitchen featuring an oversized island, Wolf gas range, double ovens, built-in refrigerator, quartz countertops, marble accents, farmhouse sink, custom wood hood, walk-in pantry, and custom cabinetry. Spacious living and dining areas are anchored by a charming fireplace and warm architectural details designed for both everyday living and entertaining. A bonus room provides flexible space for a home office, media room, or fitness studio. The split floor plan includes dual primary suites with spa-style baths featuring soaking tubs, double vanities, custom finishes, and walk-in closets. Separate guest quarters with a private entrance features full kitchen, living room, 2 bedrooms, 2 bath amenities providing ideal accommodations for visitors, multigenerational living, or extended stays. Designed for Arizona entertaining, the backyard showcases a covered patio, pool with water feature, fire pit, built-in BBQ, sand volleyball court, sport court, grass play areas, and multiple seating areas surrounded by mature landscaping and mountain views from nearly every vantage point. Additional features include a 3-car garage, large laundry room, and extensive updates completed in 2023. Located approximately 2.5 miles to Camelback Mountain hiking trails, 2.0 miles to the Global Ambassador Hotel, 1.5 miles to Arizona Country Club, 5.0 miles to Old Town Scottsdale, 3.5 miles to the Biltmore area, and approximately 6.5 miles to Phoenix Sky Harbor International Airport.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 99% |
| Baths | 7.0 | 3.0 | 98% |
| Square foot | 5,692 | 2,753 | 94% |
| Lot Size | 28,710 | 10,000 | 93% |
| Price | $4.50M | $1.25M | 94% |
| Price per sq ft | $790 | $483 | 81% |
| Built year | 2023 | 1964 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 1587 | 0% |
May 29, 2026
$4,499,000
Initial Listing