8421 S KENWOOD Lane, Tempe, AZ 85284, Tempe, 85284 - 5 bed, 4 bath
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Tempe, AZ 85284
This Renovated Multi-Generational Residence is a Strong Value Opportunity, listed at $895,000—positioned well below the $979,134 Fair Market Value by 8%. This valuation gap provides $84,134 in Instant Equity. Boasting an Excellent Condition Rating, the home features a Gourmet Kitchen, Dual Master Suites, and a private lot with a Greenbelt View and No HOA. Located near Top-Rated Schools, this property balances luxury living with significant financial upside. It is an ideal acquisition for Multi-Generational Families or Owner-Occupants seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8421 S KENWOOD Lane Subject | $895,000* List Price | 5 | 4 | 4,066 | $241 | - |
A 8125 S TAYLOR Drive Active Under Contract | $799,000 List Price | 5 | 3 | 2,857 | $280 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1985, the property has undergone an extensive professional renovation within the last 5 years. The kitchen is completely modernized with high-end stone countertops, a large island, subway tile backsplash, and stainless steel appliances. The home features new flooring, fresh paint, updated lighting and fans, and new mechanical components including the water heater and garage door. The bathrooms have been professionally remodeled, and the overall aesthetic meets current high-quality standards with no visible deferred maintenance.
The home features a rare dual-master configuration with one suite on each level, including a separate entrance for the downstairs master, making it ideal for extended families or guest privacy.
The property has been comprehensively updated with professionally remodeled kitchens and bathrooms, new flooring, fresh paint, and upgraded mechanicals like a new water heater and garage door.
Located on a quiet, non-thru street with no HOA, the property backs directly onto a walking and bridle path, ensuring no rear neighbors and enhanced privacy.
With over 4,000 square feet of living space on an 8,438 square foot lot, the outdoor yard space is relatively limited compared to the substantial size of the home.
While the elementary and high schools are highly rated, the assigned middle school currently holds a lower rating of 3, which may be a consideration for education-focused families.
Stunningly UPDATED 5-Bedroom/3.5 Bath in highly desirable 'Estate la Colina' offers lots of personal space for a large or multi-generational family! NEW extra-large plate-glass front Window! Kitchens and Bathrooms professionally remodeled. NEW Flooring & fresh Paint thru-out. NEW Fans & Lighting. NEW Pavers. Classy NEW Front Door. NEW Garage Door. NEW water heater. Two Master Bedrooms ~ one downstairs, one upstairs. Upstairs Master boasts NEW Custom Closet System, Balcony to enjoy sunsets! Separate entrance for downstairs Master Bedroom. NEW Gourmet Kitchen with NEW bonus coffee Bar, access to Courtyard Patio with garden area! Bonus/Reading Room upstairs with tons of natural light! Great neighborhood! NO HOA! Backs to walking/bridle path (so no neighbor behind). Close to EVERYTHING! Not on a thru-street, so no unnecessary neighborhood traffic. All 3 HVAC systems annually serviced. Monthly Pest elimination. Two water heaters. Water Softener & R/O Systems. Updated front landscaping. TONS of bonus Storage Rooms - who needs a basement! Dual-pane windows, Solar Screens... this is a very unique home ~ not your typical cookie-cutter!
No exterior & parking available.
Grades PK-5 • 1.1 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 81% |
| Baths | 4.0 | 3.0 | 84% |
| Square foot | 4,066 | 2,396.5 | 92% |
| Lot Size | 8,438 | 9,084.5 | 39% |
| Price | $895.0K | $405.0K | 81% |
| Price per sq ft | $220 | $212 | 50% |
| Built year | 1985 | 1988 | 27% |
| HOA | $0 | $187 | 25% |
| Days on market | 18 | 2802 | 2% |
Apr 4, 2026
$895,000
Initial Listing