5824 S 16TH Drive, Phoenix, AZ 85041, Phoenix, 85041 - 4 bed, 3 bath
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Phoenix, AZ 85041
This Resort-Style Suburban Oasis is a Prime Investment Opportunity, listed at $450,000—positioned well below the $535,631 Fair Market Value by 15%. This significant valuation gap provides $85,631 in Instant Equity. Boasting a Good Condition Rating, the home features a sparkling pool, South Mountain views, and a versatile layout with a downstairs bedroom and full bath. With granite countertops and stainless appliances, the property balances immediate lifestyle luxury with substantial financial upside. This is an exceptional acquisition for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors targeting high-demand assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5824 S 16TH Drive Subject | $450,000* List Price | 4 | 3 | 2,330 | $230 | - |
A 6009 S 15TH Drive Sold | $432,500 | 5 | 3 | 2,349 | $184 | 0.2 mi |
B 6009 S 15TH Drive Sold | $432,500 | 5 | 3 | 2,349 | $184 | 0.2 mi |
C 6009 S 15TH Drive Sold | $432,500 | 5 | 3 | 2,349 | $184 | 0.2 mi |
D 2011 W HASAN Drive Sold | $368,000 | 4 | 2 | 2,051 | $179 | 0.5 mi |
E 1617 W PECAN Road Sold | $473,000 | 4 | 3 | 2,330 | $203 | 0.1 mi |
F 1617 W PECAN Road Sold | $473,000 | 5 | 3 | 2,330 | $203 | 0.1 mi |
G 2113 W NANCY Lane Active | $410,000 List Price | 4 | 2 | 2,043 | $201 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this property is well-maintained and move-in ready, fitting the 10-20 year age criteria for a 'good' rating. The home features several key updates including granite countertops in both the kitchen and bathrooms, undermount sinks, stainless steel appliances, and newer carpeting. While the oak cabinetry reflects the original build style, the overall condition, updated fixtures, and functional systems indicate minimal wear and tear.
The property features a premium outdoor oasis with a sparkling pool, tropical landscaping, a shaded pergola, and unobstructed views of South Mountain, perfect for entertaining.
The layout includes a highly desirable downstairs bedroom with a full bath, plus an upstairs loft and walk-in closets in every bedroom, accommodating multigenerational living or remote work needs.
The home is well-maintained with granite countertops in the kitchen and bathrooms, stainless steel appliances, newer carpet, and updated fixtures throughout.
The assigned high school has a lower rating of 3, which may be a significant consideration for families prioritizing academic performance and could impact long-term resale value.
Built in 2005, the property is approaching the 20-year mark, a period when major systems such as the HVAC or roof typically require closer inspection or potential replacement.
Resort-style living awaits in this stunning South Phoenix home featuring a sparkling pool and breathtaking views of South Mountain! Step into your own backyard oasis with lush tropical landscaping, beautiful pavers, a shaded pergola perfect for relaxing or entertaining, & a refreshing pool that makes every Arizona day feel like a vacation. Inside, this lovely four-bedroom home offers a bright & welcoming layout filled with natural light. The main level features a spacious living & dining area, a kitchen that opens to the comfortable family room & a convenient downstairs bedroom with a full bath--ideal for guests or multigenerational living. Upstairs you'll find a generous primary suite complete with dual vanities, a soaking tub, and a separate shower, along with two additional bedrooms, hall bath, and a versatile loft perfect for a home office, media space, or playroom. All bedrooms have walk-in closets! Additional upgrades include granite countertops in the kitchen and bathrooms, undermount sinks, stainless steel appliances, newer carpet, and updated fixtures throughout. Beautiful home, incredible backyard, and unbeatable South Mountain views -- this is the one!
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades 9-12 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 2,330 | 1,760 | 76% |
| Lot Size | 6,514 | 6,600 | 48% |
| Price | $450.0K | $352.0K | 79% |
| Price per sq ft | $193 | $197 | 49% |
| Built year | 2005 | 2004 | 54% |
| HOA | $63 | $65 | 48% |
| Days on market | 51 | 827 | 0% |
Mar 6, 2026
$450,000
Initial Listing