7724 W TOPEKA Drive W, Glendale, AZ 85308, Glendale, 85308 - 3 bed, 2 bath
Loading property details...
Glendale, AZ 85308
This Arrowhead Ranch Waterfront Residence presents a High-Potential Investment Opportunity, listed at $545,000—positioned well above the $436,697 Fair Market Value by -24%. While the property requires modernization due to its Condition Rating of 4, it offers a rare Waterfront Lot and a Sparkling Pool. Located near Top-Rated Schools like Legend Springs and Sierra Verde, this home provides a solid foundation for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through strategic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7724 W TOPEKA Drive W Subject | $545,000* List Price | 3 | 2 | 1,670 | $261 | - |
A 19016 N 79TH Lane Sold | $390,000 | 3 | 2 | 1,667 | $234 | 0.4 mi |
B 7344 W MORROW Drive Sold | $587,000 | 3 | 3 | 2,308 | $254 | 0.4 mi |
C 7626 W MCRAE Way Sold | $505,000 | 4 | 2 | 1,955 | $258 | 0.3 mi |
D 19911 N 78TH Lane Pending | $520,000 List Price | 4 | 2 | 1,824 | $285 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992 (32 years old), the property is well-maintained but remains largely dated. Photos show original oak cabinetry and older fixtures in the bathrooms, and while the pool and exterior are in good shape, the interior systems and finishes exceed the 20-year threshold for modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8752, living area = 1670.
Elementary School: Legend Springs Elementary School (9/10). Middle School: Sierra Verde Elementary School (9/10).
The property is situated on a rare waterfront lot in Arrowhead Ranch, offering serene views and a private 'oasis' atmosphere that significantly enhances its market appeal.
Built in 1992, the property may require updates to its original finishes or major mechanical systems to meet the expectations of modern luxury buyers.
At 1,670 square feet, the living space is relatively compact for the price point, which may be a drawback for buyers seeking larger, more expansive floor plans.
AMAZING OASIS IN ARROWHEAD RANCH. This 3 bed / 2 bath with sparkling pool is nestled quietly on the waterfront in Arrowhead Ranch close to all major amenities. Arrowhead Mall, Costco, Trader Joes, AJ's Fine Foods, Whole Foods (coming soon), Phoenix Children's Hospital, Abrazo Arrowhead, Midwestern University, Loop 101, TSMC and the P83 Baseball Spring Training grounds.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades PK-6 • 2.0 mi
Grades PK-6 • 2.3 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 | 1,670 | 1,919 | 33% |
| Lot Size | 8,752 | 7,223 | 73% |
| Price | $545.0K | $350.0K | 82% |
| Price per sq ft | $326 | $214 | 91% |
| Built year | 1992 | 1994 | 44% |
| HOA | $150 | $113 | 60% |
| Days on market | 11 | 2733 | 1% |
Jun 3, 2026
$545,000
Initial Listing