71 W CYPRESS Street, Phoenix, AZ 85003, Phoenix, 85003 - 5 bed, 3 bath
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Phoenix, AZ 85003
This Historic-Modern Hybrid Estate is a Strong Value Opportunity, listed at $1,570,000—positioned well below the $1,654,802 Fair Market Value by 5%. This valuation gap offers $84,802 in Instant Equity. Boasting an Excellent Condition Rating from a 2019 contemporary rebuild, the home features a gourmet chef’s kitchen and heated play pool on the largest lot in the Willo district. With proximity to Kenilworth Elementary, this property balances historic charm with modern luxury. It is an ideal acquisition for Owner-Occupants or Luxury Home Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 71 W CYPRESS Street Subject | $1,519,000* List Price | 5 | 3 | 2,873 | $529 | - |
A 348 W PORTLAND Street Sold | $1,499,000 List Price | 3 | 3 | 2,886 | 0.8 mi | |
B 505 W CORONADO Road Sold | $1,100,000 | 3 | 3 | 2,127 | $517 | 0.4 mi |
C 344 W LYNWOOD Street Active | $1,700,000 List Price | 5 | 4 | 3,162 | $538 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent an extensive contemporary rebuild in 2019, effectively making it a like-new home behind a historic facade. It features high-end modern finishes including a chef's kitchen with double islands, premium stainless steel appliances, hardwood flooring, tray ceilings, and updated systems like dual HVAC and central vac, all within the 5-year window for an excellent rating.
The property uniquely combines a 1930s historically-contributing facade with a complete 2019 contemporary rebuild, offering historic character without the maintenance issues of an older structure.
Situated on over a quarter-acre, this is the largest lot currently available in the prestigious Willo district, featuring a heated play pool, a separate fitness studio, and a dual HVAC system.
The interior boasts a high-end kitchen with two 10-foot double islands and an open-concept layout, providing a premier space for large-scale entertaining and modern living.
The assigned public schools carry average to below-average ratings (3-5), which may be a drawback for families prioritizing high-performing public education.
With a list price of $1.57M, the property sits at the top of the local market, which may result in a more limited pool of qualified buyers compared to more affordable neighborhood options.
Seller offering $20K toward rate buy-down. Beyond a 1930s historically-contributing facade, lies an exquisite 2019 5 bd/3 ba home. On more than a 1/4 acre - largest lot currently listed in Willo - the property blends historic character with modern luxury. Gorgeous natural light thru sliding doors, windows & sky lights transitions to custom lighting in tray ceilings, pendants & more. Double 10-ft islands punctuate the stunning chef kitchen & open floor plan with 9+-ft ceilings, hardwood floors, gas fireplace and double sliders to a deck, covered patio & heated play pool. From the extended porch, split master with dramatic spa-like bath, custom storage, surround sound, built-ins, laundry room, central vac, dual HVAC, fabulous flex space & separate fitness studio.
No exterior & parking available.
Grades PK-8 • 0.7 mi
Grades PK-8 • 0.9 mi
Grades PK-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,873 | - |
| Lot Size | 11,461 | - |
| Price | $1.52M | $495.4K |
| Price per sq ft | $529 | $290 |
| Built year | 1930 | 0 |
| HOA | $0 | $0 |
| Days on market | 141 | 1260 |
Jun 30, 2026
$1,519,000
$1,520,000
+0% Price Increase
Initial Listing
May 4, 2026
$1,520,000
$1,570,000
-3% Price Drop
Initial Listing
Mar 4, 2026
$1,570,000
Initial Listing