7557 N DREAMY DRAW Drive 248, Phoenix, AZ 85020, Phoenix, 85020 - 2 bed, 2 bath
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Phoenix, AZ 85020
This Updated Resort-Style Condo represents a High-Potential Investment Opportunity, listed at $279,000—positioned well below the $456,680 Fair Market Value by 38%. This substantial valuation gap offers $177,680 in Instant Equity. Boasting a Modernized Condition Rating, the interior features a granite kitchen, white shaker cabinetry, and stainless steel appliances. Residents enjoy mountain views of Piestewa Peak and premium resort amenities including multiple pools. While zoned for Camelback High School, the prime recreational access ensures high demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7557 N DREAMY DRAW Drive 248 Subject | $267,900* List Price | 2 | 2 | 950 | $302 | - |
A 7557 N DREAMY DRAW Drive 240 Sold | $251,000 | 2 | 2 | 950 | $264 | 0.0 mi |
B 7557 N DREAMY DRAW Drive 240 Sold | $251,000 | 2 | 2 | 950 | $264 | 0.0 mi |
C 1811 E HAYWARD Avenue 1 Sold | $310,000 | 2 | 2 | 976 | $318 | 0.2 mi |
D 1333 E MORTEN Avenue 117 Sold | $310,000 | 2 | 2 | 961 | $323 | 0.8 mi |
E 1811 E HAYWARD Avenue 1 Sold | $310,000 | 2 | 2 | 976 | $318 | 0.2 mi |
F 1333 E MORTEN Avenue 117 Sold | $310,000 | 2 | 2 | 961 | $323 | 0.8 mi |
G 7557 N DREAMY DRAW Drive 276 Active | $330,000 List Price | 2 | 2 | 950 | $347 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant interior updates that elevate it above its 1984 build year. The kitchen has been modernized with newer white shaker-style cabinetry, granite countertops, and stainless steel appliances. Bathrooms have been updated with contemporary vanities and fixtures. The flooring, consisting of neutral tile and well-maintained carpet, along with updated light fixtures and ceiling fans, indicates the property has been extensively renovated within the last 5 to 15 years.
The unit features updated cabinetry and stainless steel appliances, offering a contemporary aesthetic that minimizes the need for immediate post-purchase renovations.
Located within the Pointe Resort, the property offers a premium lifestyle with proximity to the community's famous upper pool and serene fountain features.
The condo is perfectly positioned for outdoor enthusiasts, providing convenient access to extensive hiking, biking, and trail running at nearby Squaw Peak.
With only 950 square feet for a two-bedroom, two-bathroom configuration, the living spaces may feel somewhat confined compared to larger modern alternatives.
The property is zoned for a high school with a lower academic rating (3/10), which could impact its appeal to families and affect long-term resale value.
Fabulous Updated Two Bedroom Two Bath Condo in the Pointe Squaw Peak. The split floorplan is great if you have guests over. There is a cozy wood burning fireplace in the living room. Newer Cabinets and Stainless Steel Appliances in the open Kitchen. Both bathrooms have been updated. Great location within the Community near the Famous upper pool and by the serene fountain. If resort lifestyle is what you are looking for you will have it here! Close to hiking, biking and trail running. Close to fabulous dining, shopping and freeway access.
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades 5-8 • 2.1 mi
Grades 9-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 950 | 1,022.5 | 24% |
| Lot Size | 1,042 | 985.5 | 55% |
| Price | $267.9K | $250.5K | 58% |
| Price per sq ft | $282 | $264 | 68% |
| Built year | 1984 | 1985 | 47% |
| HOA | $317 | $292 | 58% |
| Days on market | 46 | 1647 | 2% |
Apr 15, 2026
$267,900
$279,000
-4% Price Drop
Initial Listing
Mar 11, 2026
$279,000
Initial Listing