
Phoenix, AZ 85018
This property presents a High-Potential Investment Opportunity with a List Price of $1,750,000—positioned well below the $1,792,360 Fair Market Value by 2%. This valuation gap offers $42,360 in Instant Equity. Featuring an unobstructed view of Camelback Mountain and a massive 17,211 sqft lot, the home carries a Condition Rating of 6, signaling a prime teardown or full-scale renovation candidate. Located in the prestigious Camelback Canyon Estates near top-rated Hopi Elementary, this is an ideal acquisition for Luxury Developers or Custom Home Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5830 N 44th Place N Subject | $1,650,000* List Price | 4 | 2 | 2,585 | $663 | - |
A 4405 E PALO VERDE Drive Pending | $1,790,000 List Price | 4 | 3 | 2,788 | $642 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1976 (50 years old) and marketed as an 'incredible chance to build' with an 'ASIS' sale condition. The listing focuses entirely on the lot size, mountain views, and potential for new construction, indicating the value is in the land rather than the existing structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17211, living area = 2585.
The property offers breathtaking, unobstructed views of Camelback Mountain and the Praying Monk, further enhanced by a private protected reserve directly behind the home.
The large 17,211 sqft pie-shaped lot provides a rare footprint in this area, offering ample space to build luxury amenities like a pickleball court, guest house, or custom pool.
The home is being sold in as-is condition, indicating it likely requires a full-scale renovation or serves primarily as a teardown opportunity for a new build.
Built in 1976, the property's original systems and layout may not meet modern luxury standards, necessitating significant additional investment beyond the $1.75M purchase price.
You DO NOT want to miss this incredible chance to build in the community of Camelback Canyon Estates. With a private protected reserve behind the home and an Incredible view of Camelback Mountain with praying monk right there, praying over your home... Large pie shaped yard with plenty of room to build a tennis or pickleball court, basketball court or anything else your heart can imagine. This home is being sold ASIS and will make the perfect home for someone who loves to look at Camelback Mountain..
No exterior & parking available.
Grades K-5 • 1.9 mi
Grades PK-6 • 3.1 mi
Grades 6-8 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,585 | - |
| Lot Size | 17,211 | - |
| Price | $1.65M | $495.4K |
| Price per sq ft | $638 | $290 |
| Built year | 1976 | 0 |
| HOA | $305 | $0 |
| Days on market | 49 | 1260 |
Jul 9, 2026
$1,650,000
$1,750,000
-6% Price Drop
Initial Listing
Jun 3, 2026
$1,750,000
Initial Listing
Dec 4, 1997
$322,000
Public Record