5840 W ABRAHAM Lane, Glendale, AZ 85308, Glendale, 85308 - 3 bed, 3 bath
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Glendale, AZ 85308
This Waterfront Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $750,000—positioned well above the $666,393 Fair Market Value by 12%. While the property requires cosmetic modernization due to its Fair Condition Rating, it offers a rare lifestyle with unobstructed lake and mountain views, a private pool, and a private dock. Located in a top-tier district with Legend Springs Elementary (9/10) and Sierra Verde Elementary (9/10) nearby, this home is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a premium waterfront location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5840 W ABRAHAM Lane Subject | $730,000* List Price | 3 | 3 | 2,460 | $267 | - |
A 5822 W ABRAHAM Lane Active Under Contract | $739,999 List Price | 3 | 2 | 2,034 | $364 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, this 37-year-old home is dated and falls into the 'Fair' category. While it features some mid-life updates like granite countertops and painted cabinetry, the ceramic tile flooring, light fixtures, and bathroom finishes appear to be 15-25 years old. The property is functional and well-maintained but requires cosmetic modernization and likely system oversight due to its age.
Elementary School: Legend Springs Elementary School (9/10). Middle School: Sierra Verde Elementary School (9/10).
The property features a private dock and unobstructed lake and mountain views, offering a rare and serene lifestyle in the highly sought-after Arrowhead Lakes community.
The home is situated near top-rated educational institutions, including Legend Springs Elementary and Sierra Verde, which both hold a prestigious 9/10 rating.
Built in 1987, the home may require updates to major mechanical systems or cosmetic renovations to meet the expectations of modern luxury buyers.
The 6,417 sqft lot is relatively small for the price point, leaving limited traditional yard space beyond the pool and waterfront features.
Wake up every day to the serene beauty of Arrowhead Lakes, where sparkling waters meet majestic mountain backdrops. This home has unobstructed lake and mountain views with a balcony off the primary bedroom to enjoy the sunsets. This 3 bed, 2.5 bath home with den is built for entertaining with a pool, private dock, gorgeous inside views with tons of natural light and a two-way fireplace in the living room. Located in a quiet community with easy access to shopping, dining, Midwestern University, and top-rated schools.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades PK-6 • 1.5 mi
Grades PK-6 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,460 | 1,909 |
| Lot Size | 6,417 | 7,371.5 |
| Price | $730.0K | $1.02M |
| Price per sq ft | $297 | $496 |
| Built year | 1987 | 1935 |
| HOA | $331 | $212 |
| Days on market | 33 | 1527 |
Jul 9, 2026
$730,000
$750,000
-3% Price Drop
Initial Listing
Jun 19, 2026
$750,000
Initial Listing