7801 N 16TH Lane, Phoenix, AZ 85021, Phoenix, 85021 - 5 bed, 5 bath
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Phoenix, AZ 85021
This Stunning 2025 Remodel is a High-Potential Investment Opportunity, listed at $1,250,000—positioned well below the $1,306,049 Fair Market Value by 4%. This valuation gap offers $56,049 in Instant Equity. Featuring a Mint Condition Rating, the property includes a 568 sq ft Detached Guest House and a 4,041 sq ft main residence on a massive 14,288 sq ft lot. This is an ideal acquisition for Multi-Generational Families or Savvy Investors seeking immediate rental income potential without HOA restrictions.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7801 N 16TH Lane Subject | $1,225,000* List Price | 5 | 5 | 4,041 | $321 | - |
A 8032 N 10TH Avenue Sold | $1,045,000 | 4 | 4 | 3,095 | $338 | 0.5 mi |
B 1822 W EL CAMINITO Drive Active | $1,050,000 List Price | 5 | 4 | 2,907 | $361 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive 2025 remodel, including a new roof, HVAC, wiring, and tankless water heater. The interior features a brand-new chef's kitchen with quartz countertops and modern flooring throughout, meeting the criteria for a mint-condition renovation under 5 years old.
The property features a complete top-to-bottom remodel including a new roof, HVAC, wiring, and dual-pane windows, offering the reliability of a new build with high-end modern finishes.
A 568 sq ft self-contained ADU with its own kitchen and private entrance provides exceptional versatility for rental income, a home office, or multi-generational living.
The expansive 14,288 sq ft lot offers rare freedom from homeowner association restrictions, featuring mature citrus trees and ample space for outdoor customization or vehicle storage.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4041, other record living area = 3455.
The assigned elementary and middle schools carry low ratings (ranging from 2 to 4), which may be a deterrent for families prioritizing high-performing public education districts.
As a premium $1.25M remodel in a 1977-established subdivision, the property sits at the high end of the local market, which could impact future appreciation compared to homes in dedicated luxury developments.
Stunning 2025 Remodel with Guest House & NO HOA! Welcome to this masterfully renovated 4,041 sq ft single-level home! Major 2025 updates include a new roof, HVAC, wiring, dual-pane windows, and modern flooring. The expansive no-step layout features a cozy fireplace, a versatile game room, and two primary suites. The chef's kitchen impresses with dual islands, quartz countertops, multiple ovens, and a gas cooktop. A true standout is the 568 sq ft detached guest house, complete with its own kitchen and private entrance, ideal for multi-generational living or rental income! Step outside to a massive 14,288 sq ft lot featuring a covered patio, lush flood-irrigated grass, and three mature orange trees. Complete with an attached 2-car garage and an energy-efficient tankless water heater!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-8 • 0.5 mi
Grades 5-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 5.0 | 0.0 |
| Square foot | 4,041 | - |
| Lot Size | 14,288 | - |
| Price | $1.23M | $495.4K |
| Price per sq ft | $303 | $290 |
| Built year | 1977 | 0 |
| HOA | $0 | $0 |
| Days on market | 36 | 1260 |
Jul 9, 2026
$1,225,000
$1,250,000
-2% Price Drop
Initial Listing
Jun 17, 2026
$1,250,000
Initial Listing