5818 W ENCINAS Lane, Phoenix, AZ 85043, Phoenix, 85043 - 3 bed, 3 bath
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Phoenix, AZ 85043
This Modern Single Family Residence is a Prime Investment Opportunity, listed at $390,002—positioned well below the $400,795 Fair Market Value by 2%. This valuation gap offers $10,793 in Instant Equity for the buyer. Featuring a Mint, Like-New Condition Rating, this 2022 build includes energy-efficient windows and a versatile loft. Located on a premium corner lot near the Loop 202, it offers both lifestyle convenience and long-term stability. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5818 W ENCINAS Lane Subject | $390,000* List Price | 3 | 3 | 1,839 | $217 | - |
A 5419 W ILLINI Street Sold | $339,950 | 3 | 3 | 1,934 | $176 | 0.5 mi |
B 3836 S 64TH Drive Sold | $429,000 | 5 | 3 | 1,939 | $221 | 0.8 mi |
C 5433 W ALBENIZ Place Sold | $340,000 List Price | 4 | 3 | 1,598 | 0.5 mi | |
D 5434 W ODEUM Lane Sold | $333,500 List Price | 4 | 3 | 1,598 | 0.5 mi | |
E 3836 S 64TH Drive Sold | $429,000 | 5 | 3 | 1,939 | $221 | 0.8 mi |
F 3641 S 58TH Drive Sold | $395,000 | 4 | 3 | 2,050 | $193 | 0.3 mi |
G 5430 W ODEUM Lane Sold | $319,950 List Price | 3 | 3 | 1,352 | 0.5 mi | |
H 5219 W RAYMOND Street Sold | $325,000 | 3 | 3 | 1,452 | $224 | 0.7 mi |
I 6014 W PUEBLO Avenue Active Under Contract | $389,900 List Price | 3 | 3 | 1,827 | $213 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this home is less than 3 years old and in mint, like-new condition. It features modern finishes including wood-look tile flooring, stainless steel appliances, and energy-efficient windows, requiring no maintenance or updates.
Built in 2022, this like-new home features upgraded energy-efficient windows, stainless steel appliances, and contemporary wood-look tile flooring, ensuring lower utility costs and minimal immediate maintenance.
Situated on a premium corner lot just steps from the community pool and park, the property offers enhanced privacy and easy access to neighborhood amenities and the Loop 202 freeway.
The 1,839 sqft layout includes an oversized loft and an open-concept main level, providing excellent flexibility for a home office, media room, or additional living space.
The backyard is described as a blank canvas, meaning the buyer will need to budget additional time and capital for landscaping, irrigation, and patio improvements.
The $140 monthly association fee adds a fixed carrying cost to the property, which may be a consideration for budget-conscious buyers compared to non-HOA areas.
Location, Location, Location! Welcome home to this like-new home on a premium corner lot in a desirable Phoenix community. Offering 3 bedrooms, 2.5 bathrooms, and an oversized loft, this thoughtfully designed floor plan provides the flexibility for a home office, media room, playroom, or additional bedroom. The open concept layout features wood look tile flooring throughout the main level and carpet upstairs for added comfort.The beautifully appointed kitchen is perfect for everyday living and entertaining, featuring stainless steel appliances, a gas range, lovely wood cabinetry, plenty of storage and counter space. The kitchen flows seamlessly into the spacious great room, creating an inviting space to gather with family and friends. The washer and dryer are included, and the powder room offers additional storage for added convenience. Enjoy the benefits of recently upgraded energy efficient windows, providing enhanced comfort, efficiency, and security. The home is also pre-wired for a security system, making future installation simple. A spacious backyard ready for your personal vision. Whether you dream of adding a patio, lush landscaping, or an outdoor entertaining area, this backyard is a blank canvas waiting for your creativity. The location is hard to beat! Situated just steps from the community pool and playground, you'll enjoy fantastic neighborhood amenities. With Loop 202 less than a mile away, commuting is effortless, and you're just minutes from Laveen Towne Center, the future Laveen Marketplace, shopping, dining, and highly rated academy. Take in the nearby mountain views while enjoying everything this convenient Phoenix location has to offer. Move-in ready and loaded with desirable features, this home is the perfect combination of comfort, style, and convenience. Don't miss your opportunity to make it yours!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,839 | - |
| Lot Size | 4,449 | - |
| Price | $390.0K | $495.4K |
| Price per sq ft | $212 | $290 |
| Built year | 2022 | 0 |
| HOA | $140 | $0 |
| Days on market | 11 | 1260 |
Jul 17, 2026
$390,000
$390,002
+0% Price Increase
Initial Listing
Jul 11, 2026
$390,002
Initial Listing