7240 N DREAMY DRAW Drive 102, Phoenix, AZ 85020, Phoenix, 85020 - 3 bed, 3 bath
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Phoenix, AZ 85020
This Stunning Move-In Ready Residence is listed at $640,000, offering a stable acquisition at its $640,000 Fair Market Value. Boasting a Condition Rating of 3, the interior features a renovated galley kitchen, soaring ceilings, and a luxury primary suite with a soaking tub. The property provides a premium mountain view of the Phoenix Mountain Preserve and sits on an expansive 14,044 sqft lot. Located near the highly-rated Madison Heights Elementary, this home blends resort-style living with urban convenience. It is an ideal match for growing families or lifestyle-focused buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7240 N DREAMY DRAW Drive 102 Subject | $615,000* List Price | 3 | 3 | 2,208 | $272 | - |
A 1446 E ROYAL PALM Road Sold | $470,000 | 3 | 2 | 2,330 | $202 | 0.9 mi |
B 7644 N 20TH Street Sold | $559,900 List Price | 3 | 2 | 2,496 | 0.6 mi | |
C 7140 N 15TH Street Sold | $469,500 List Price | 4 | 2 | 2,168 | 0.4 mi | |
D 1125 E NORTHVIEW Avenue Sold | $575,000 List Price | 4 | 3 | 2,507 | 0.7 mi | |
E 8149 N 18TH Place Sold | $530,000 List Price | 4 | 3 | 2,392 | 0.8 mi | |
F 1336 E BELMONT Avenue Sold | $785,000 | 3 | 3 | 2,452 | $320 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant modern updates that elevate it above its 1998 build year. The interior showcases contemporary wood-look flooring, a renovated kitchen with white shaker cabinetry and stainless steel appliances, and updated bathrooms. The home is well-maintained with high ceilings and modern light fixtures, fitting the criteria for a property that has been extensively renovated within the last 5 to 15 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14044, living area = 2208.
Situated in the sought-after Legends at Dreamy Draw, this property offers unparalleled access to the Phoenix Mountain Preserve for outdoor enthusiasts while remaining close to urban amenities.
The home features over 2,200 square feet of living space with soaring ceilings and contemporary updates, creating a bright, resort-style atmosphere that is completely move-in ready.
The property is zoned for Camelback High School, which currently holds a lower academic rating, potentially impacting its appeal to families with older children.
The galley-style kitchen layout, though updated and open to the living area, may feel restrictive to buyers who prefer a more expansive open-concept kitchen with a large central island.
Discover your dream home with unbeatable access to everything you need! This stunning 3-bedroom, 2.5-bath residence offers a perfect blend of luxury and comfort. Step into a spacious front entry that effortlessly flows into thoughtfully designed, upgraded spaces. The open galley-style kitchen seamlessly connects to a cozy great room, complete with a charming fireplace, creating an inviting atmosphere. The primary suite is a tranquil retreat, featuring a large walk-in shower and a separate soaking tub. Outdoors, find a peaceful, low-maintenance oasis with relaxing front and back balconies. With soaring ceilings and modern updates throughout, this move-in-ready home feels like a resort escape. Welcome home!
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades 5-8 • 1.8 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 2,208 | 1,952 | 58% |
| Lot Size | 14,044 | 8,306 | 85% |
| Price | $615.0K | $446.0K | 66% |
| Price per sq ft | $279 | $282 | 48% |
| Built year | 1998 | 1967 | 85% |
| HOA | $350 | $0 | 97% |
| Days on market | 198 | 1413 | 18% |
Apr 21, 2026
$615,000
$635,000
-3% Price Drop
Initial Listing
Apr 8, 2026
$635,000
$640,000
-1% Price Drop
Initial Listing
Oct 10, 2025
$640,000
Initial Listing