5931 W BANFF Lane, Glendale, AZ 85306, Glendale, 85306 - 3 bed, 2 bath
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Glendale, AZ 85306
This Single-Family Residence is a significant value-add asset listed at $400,000. Although currently positioned above the $249,553 Fair Market Value, the property features a rare 10,441 Sq Ft Cul-de-Sac Lot with No HOA restrictions. Carrying a Condition Rating of 5, the home is a "true fixer-upper" requiring a full interior overhaul to address deferred maintenance and outdated systems. Its strategic proximity to ASU West Campus and Cactus High School supports long-term rental demand. This is an optimal acquisition for Fix-and-Flip Investors or Contractors focused on forced appreciation through extensive renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5931 W BANFF Lane Subject | $400,000* List Price | 3 | 2 | 1,042 | $239 | - |
A 5943 W MONTE CRISTO Avenue Sold | $365,000 | 3 | 2 | 1,194 | $306 | 0.8 mi |
B 15607 N 57TH Drive Sold | $365,000 | 3 | 2 | 1,248 | $292 | 0.6 mi |
C 6314 W PORT AU PRINCE Lane Sold | $355,000 | 3 | 2 | 1,306 | $272 | 0.5 mi |
D 6214 W ZOE ELLA Way Sold | $385,000 | 4 | 2 | 1,389 | $277 | 0.6 mi |
E 15245 N 62ND Avenue Active Under Contract | $390,000 List Price | 3 | 2 | 1,320 | $295 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977, this property is explicitly marketed as a 'true fixer-upper' requiring extensive renovation and substantial capital investment. The listing description and property analysis confirm significant deferred maintenance and the need for a complete interior transformation to address outdated systems and finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10441, living area = 1042.
The oversized 10,441 sq ft lot provides significant space for a pool, RV gate, or custom outdoor living area, offering rare versatility for the neighborhood.
Ideally situated near ASU West Campus, Arrowhead Mall, and major freeways (I-17 and Loop 101), ensuring strong rental demand and long-term appreciation potential.
Described as a 'true fixer-upper,' the property requires substantial capital investment and labor to address deferred maintenance and modernize the interior.
With only 1,042 sq ft for a 3-bedroom layout, the interior living spaces may feel cramped, potentially limiting appeal to buyers seeking more spacious modern floor plans.
Opportunity awaits in Glendale! This 3 bed, 2 bath home sits on an oversized 10,441 sq ft cul-de-sac lot and is ready for your vision. A true fixer-upper, this property offers incredible potential for renovation, customization, or investment. The spacious backyard provides room to add a pool, RV gate, or create the ultimate outdoor living space. Located in an established neighborhood near parks, shopping, dining, Arrowhead Mall and with easy access to I-17 and Loop 101, plus close proximity to ASU West Campus. A rare chance to build equity and transform this home into something special!
No exterior & parking available.
Grades PK-8 • 0.5 mi
Grades 7-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,042 | 1,560.5 | 4% |
| Lot Size | 10,441 | 8,265 | 80% |
| Price | $400.0K | $365.0K | 65% |
| Price per sq ft | $384 | $248 | 98% |
| Built year | 1977 | 1980 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 1928 | 2% |
Mar 26, 2026
$400,000
Initial Listing