7788 E PHANTOM Way, Scottsdale, AZ 85255, Scottsdale, 85255 - 4 bed, 3 bath
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Scottsdale, AZ 85255
This Exquisitely Updated Designer Residence is a Prime Investment Opportunity, listed at $1,197,000—positioned well below the $1,242,357 Fair Market Value by 3%. This valuation gap provides $45,357 in Instant Equity. Boasting a Mint Condition Rating from a comprehensive renovation, the home features a modern granite kitchen, designer flooring, and a backyard paradise with a sparkling pool and mountain views. Located within walking distance of top-rated Grayhawk Elementary, this turnkey sanctuary is ideal for luxury-seeking families or Owner-Occupants desiring a move-in-ready masterpiece.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7788 E PHANTOM Way Subject | $1,197,000* List Price | 4 | 3 | 2,441 | $506 | - |
A 8216 E Angel Spirit Drive Sold | $1,275,000 | 3 | 3 | 2,612 | $488 | 0.5 mi |
B 7690 E WINGTIP -- Sold | $1,027,000 | 3 | 3 | 2,319 | $443 | 0.1 mi |
C 7333 E GALLEGO Lane Sold | $995,000 | 4 | 3 | 2,463 | $404 | 0.8 mi |
D 7370 E WINGSPAN Way Sold | $1,070,000 | 5 | 3 | 2,880 | $372 | 0.6 mi |
E 8216 E ANGEL SPIRIT Drive Sold | $1,275,000 | 2 | 3 | 2,612 | $488 | 0.5 mi |
F 8179 E SIERRA PINTA Drive Sold | $1,130,000 | 3 | 3 | 2,253 | $502 | 0.7 mi |
G 7740 E PHANTOM Way Active | $1,350,000 List Price | 5 | 3 | 2,599 | $519 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent designer renovation (less than 5 years old) including brand new flooring, paint, and lighting. The kitchen and bathrooms are fully modernized with new cabinets, granite countertops, and energy-saving appliances, placing it in mint, move-in ready condition.
The home features extensive recent renovations including brand-new flooring, designer lighting, and a fully modernized kitchen with granite countertops and energy-efficient appliances, offering a turn-key luxury experience.
The property boasts a backyard paradise equipped with an oversized sparkling pool, built-in BBQ, and covered patio, all enhanced by scenic mountain views.
Nestled in the prestigious Grayhawk community, the home is within walking distance (0.3 miles) to Grayhawk Elementary and features a desirable 3-car garage for ample storage.
At 7,812 square feet, the lot size is relatively modest for this price point, which may limit additional yard space given the large footprint of the pool and patio.
Built in 1997, while the interior is beautifully remodeled, some original structural components or major mechanical systems may be nearing the end of their typical functional lifespan.
ABSOLUTE SHOW STOPPER!!! Exquisitely updated Designer home nestled in the highly sought-after community of Grayhawk in North Scottsdale. This beautiful home features 4 spacious bedrooms and 3 Bathrooms. Enjoy open-concept living with a cozy fireplace, UPGRADES Brand New floors, Paint, New Lighting fixtures, light switches, a modern kitchen boasting granite countertops and backsplash, cabinets, island, energy saving stainless steel appliances, showers, toilets, and lighting fixtures. Enjoy a true backyard paradise with an oversized pool, built-in BBQ, covered patio ideal for relaxing or entertaining. A true blend of comfort and style! Additional highlights include a 3-car garage, ample storage throughout, Sparkling Pool . Prewired deluxe sound system inside and out!
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades K-6 • 1.4 mi
Grades 7-8 • 7.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,441 | 3,078 | 34% |
| Lot Size | 7,812 | 10,000 | 30% |
| Price | $1.20M | $940.0K | 62% |
| Price per sq ft | $490 | $415 | 66% |
| Built year | 1997 | 1998 | 48% |
| HOA | $285 | $226 | 66% |
| Days on market | 56 | 2672 | 1% |
Apr 21, 2026
$1,197,000
Initial Listing