
Tempe, AZ 85284
This Luxury Single-Family Residence represents a Prime Investment Opportunity, with a List Price of $994,900—positioned well below the $1,116,471 Fair Market Value by 10%. This significant valuation gap secures $121,571 in Instant Equity for the buyer. Maintaining a Good Condition Rating, the interior showcases a Gourmet Chef's Kitchen with Sub-Zero appliances and impressive 14-foot ceilings. Enhanced by a New HVAC (2024) and a private courtyard patio, this gated Toscana estate balances lifestyle luxury with financial upside. It is ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 790 E SUNBURST Lane Subject | $994,900* List Price | 3 | 4 | 3,139 | $356 | - |
A 7686 S Myrtle Avenue Sold | $950,000 List Price | 4 | 3 | 2,987 | 0.4 mi | |
B 8096 S STEPHANIE Lane Sold | $736,800 | 4 | 3 | 2,628 | $280 | 1.0 mi |
C 640 E VINEDO Lane Sold | $1,199,000 | 4 | 3 | 3,754 | $319 | 0.2 mi |
D 8015 S Michele Lane Sold | $775,000 | 4 | 4 | 3,438 | $225 | 0.8 mi |
E 104 E PALOMINO Drive Sold | $1,175,000 | 5 | 3 | 3,176 | $370 | 0.8 mi |
F 758 E SUNBURST Lane Active | $1,095,000 List Price | 5 | 4 | 3,316 | $330 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property is move-in ready and falls within the 10-20 year age bracket for a 'good' rating. It features high-end original finishes such as a gourmet kitchen with Sub-Zero and GE Monogram appliances, granite countertops, and Italian tile flooring. The home has been well-maintained, evidenced by the installation of a new HVAC system in 2024, though the overall aesthetic reflects its original construction period rather than a recent full renovation.
The kitchen is equipped with high-end Sub-Zero and GE Monogram appliances, a wine chiller, and custom cabinetry, offering a premium culinary experience.
The home features impressive 14-foot ceilings in the family room and 12-foot ceilings in the master suite, creating an expansive and luxurious feel throughout.
A brand-new HVAC system installed in 2024 ensures immediate energy efficiency and reduced maintenance costs for the incoming buyer.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3139, other record living area = 2942.
Despite having over 3,100 square feet of living space, the property only offers three bedrooms, which may not meet the needs of larger families.
The assigned middle school has a lower rating of 3/10, which could be a concern for education-focused buyers and impact long-term resale value.
Beautiful South Tempe home in the desirable gated community Toscana. An inviting private courtyard patio with fountain and electric shades welcomes you into this home with a beautiful iron door. Enjoy entertaining family and friends in the gourmet kitchen with custom cabinetry, large island, gas cooktop with chef's stainless hood, GE Monogram double convection oven, microwave and stainless Sub-Zero refrigerator, granite counters, tiled granite backsplash, and a wine chiller. The large family room and generous dining area offers 14' ceilings w/surround and a gas fireplace. Wood shutters, 20'' Italian tile, 8' doors and custom lighting throughout! Split master bedroom with 12' ceilings large soaking tub, tiled walk-in shower, dual sinks and Walkin closet. Spacious secondary bedrooms and bathrooms! The large den/office features a separate entrance that leads out to the front courtyard. The backyard features an extended patio where you can enjoy the sun or grill with friends. New HVAC in 2024! Living in the Toscana community means you'll enjoy gated privacy, greenbelts, and peaceful walking paths. This neighborhood is close to amazing schools, shopping, dining, entertainment, ASU and has fast access to the 101, 10, 60, and 202 freeways, making it easy to get anywhere in the Valley including minutes from Sky Harbor Airport for a weekend getaway! From the tranquil courtyard fountain to the fireplace inside, this home is made for comfort, style, and easy living in a prime South Tempe location.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 36% |
| Baths | 4.0 | 3.0 | 84% |
| Square foot | 3,139 | 2,396.5 | 77% |
| Lot Size | 10,069 | 9,132.5 | 56% |
| Price | $994.9K | $405.0K | 86% |
| Price per sq ft | $317 | $212 | 72% |
| Built year | 2006 | 1988 | 95% |
| HOA | $270 | $200 | 72% |
| Days on market | 15 | 2802 | 2% |
Apr 7, 2026
$994,900
Initial Listing