829 E DESERT PARK Lane, Phoenix, AZ 85020, Phoenix, 85020 - 5 bed, 4 bath
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Phoenix, AZ 85020
This fully reinvented Central Phoenix residence is a Strong Value Opportunity, listed at $1,225,000—positioned well below the $1,316,184 Fair Market Value by 6%. This valuation gap provides $91,184 in Instant Equity. Boasting a Condition Score of 2 following a comprehensive to-the-studs renovation, the home features a chef’s kitchen with marble countertops, engineered hardwood floors, and five spacious bedrooms. Located on a quiet cul-de-sac within the top-rated Madison School District, it balances luxury living with significant financial upside. This is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or Value-Driven Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 829 E DESERT PARK Lane Subject | $1,225,000* List Price | 5 | 4 | 3,065 | $429 | - |
A 709 E HAYWARD Avenue Sold | $950,000 | 3 | 3 | 3,062 | $310 | 0.2 mi |
B 7737 N 6TH Street Sold | $1,450,000 | 4 | 4 | 2,944 | $493 | 0.3 mi |
C 126 E HARMONT Drive Sold | $950,000 | 5 | 3 | 2,753 | $345 | 0.6 mi |
D 333 E Kaler Drive Sold | $1,200,000 | 4 | 3 | 2,500 | $480 | 0.4 mi |
E 333 E KALER Drive Sold | $1,200,000 | 5 | 3 | 2,500 | $480 | 0.4 mi |
F 7801 N 4TH Place Sold | $945,000 | 4 | 3 | 1,952 | $484 | 0.3 mi |
G 1222 E MYRTLE Avenue Active Under Contract | $1,250,000 List Price | 5 | 4 | 2,577 | $485 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property underwent a comprehensive to-the-studs renovation, effectively making it a like-new home. It features all-new major systems including HVAC, plumbing, electrical, and a new roof. The interior boasts high-end finishes such as engineered hardwood flooring, a modern chef's kitchen with marble countertops and stainless steel appliances, designer lighting, and updated spa-like bathrooms, meeting the highest standards for quality and condition.
The property has been completely rebuilt with all-new major systems, including plumbing, electrical, HVAC, and a new roof with a transferable warranty, providing the reliability of new construction in a mature neighborhood.
Offering over 3,000 square feet and five bedrooms in Central Phoenix, this home provides an expansive open-concept floor plan and high-end finishes that are exceptionally rare for the area's typical inventory.
Situated on a quiet cul-de-sac with a generous 10,315-square-foot lot and no HOA, the property offers both privacy and the freedom to customize the exterior space without restrictive oversight.
While the elementary and middle schools are highly rated at 7/10, the assigned high school has a lower rating of 4/10, which may be a concern for families with older children.
At a $1.225M price point, the backyard remains a 'blank canvas' without a pool or professional landscaping, requiring significant additional investment to match the luxury quality of the interior.
WOW—OVER 3,000 SQFT & 5 BEDROOMS IN CENTRAL PHOENIX! Tucked away on a charming cul-de-sac in Phoenix, this fully reinvented home blends modern luxury with everyday comfort. Taken down to the studs and rebuilt, all major systems are NEW—plumbing, gas, electrical, HVAC, and a brand-new roof with transferable warranty. Enjoy 5 spacious bedrooms, 3.5 baths, and a bright open-concept layout perfect for entertaining. The stunning white kitchen features a large island, stainless steel appliances, and marble countertops. Engineered hardwood floors and designer lighting shine throughout. Relax in the primary suite with spa-like bath and walk-in closet. Expanded 2-car garage, oversized laundry room, and a huge backyard with covered patio offer endless possibilities. Move in ready & a must see! WOW OVER 3,000 SQFT & 5 BEDROOMS IN CENTRAL PHOENIX! Tucked away on a charming cul-de-sac in Phoenix, this fully reinvented home blends modern luxury with smart functionality and peace-of-mind living. Taken down to the studs and rebuilt with intention, all major systems are NEW and up to current code, including plumbing, gas, electrical, HVAC, and a brand-new roof with transferable warranty. Inside, you'll find 5 spacious bedrooms, 3.5 bathrooms, and a bright open-concept layout made for entertaining. The showstopping white kitchen features a large island, stainless steel appliances, and gorgeous marble countertops, flowing seamlessly into the main living spaces. Engineered hardwood floors, beautiful lighting, and thoughtful finishes shine throughout. The dreamy primary suite offers a spa-like bath and walk-in closet, while four additional bedrooms provide plenty of space for family, guests, or a home office. An expanded 2-car garage offers extra room for storage, and the oversized laundry room includes washer, dryer, cabinetry, and countertop workspace. Step outside to a large backyard with extended covered patio and endless potentialadd a pool, create an outdoor lounge, or design your own private retreat. Move-in ready, beautifully upgraded, and located in one of Central Phoenix's most desirable areasthis one checks all the boxes!
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades 5-8 • 1.4 mi
Grades 9-12 • 5.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 4.0 | 2.0 | 89% |
| Square foot | 3,065 | 1,952 | 86% |
| Lot Size | 10,315 | 8,306 | 66% |
| Price | $1.23M | $446.0K | 92% |
| Price per sq ft | $400 | $283 | 85% |
| Built year | 1954 | 1967 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 80 | 1413 | 2% |
Feb 5, 2026
$1,225,000
Initial Listing