860 N WOODBURNE Drive, Chandler, AZ 85224, Chandler, 85224 - 4 bed, 3 bath
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Chandler, AZ 85224
This Hybrid Value-Add Property represents a Strong Value Opportunity, listed at $720,000—positioned well below the $721,631 Fair Market Value by 0.23%. Featuring a Condition Rating of 4, the home offers a Lakefront Lot and a Sparkling Pool, though the interior awaits cosmetic modernization. With a versatile floor plan and recent 2024 HVAC and pool upgrades, this asset provides immediate stability with significant upside potential. It is an ideal acquisition for Owner-Occupants seeking to build equity or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 860 N WOODBURNE Drive Subject | $650,000* List Price | 4 | 3 | 2,009 | $320 | - |
A 2692 W IVANHOE Street Sold | $817,000 | 5 | 4 | 2,235 | $366 | 0.1 mi |
B 810 N LOS ALTOS Drive Active | $650,000 List Price | 3 | 2 | 2,226 | $292 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1995 (30+ years old) and features a dated kitchen with original oak cabinetry, laminate countertops, and older appliances. While the HVAC system and pool were updated in 2024, the interior finishes, including flooring and wall treatments, require modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10677, living area = 2009.
Situated on an oversized 10,000+ sq. ft. lakefront lot, this property offers rare water views and a private primary suite balcony overlooking the community lake, significantly enhancing its market appeal.
The home features a brand-new HVAC system (2024), newer windows, and a freshly resurfaced pool (2024), providing buyers with peace of mind and reduced immediate capital expenditures.
The assigned elementary and middle schools have lower to average ratings (3 and 5 respectively), which may be a deterrent for families prioritizing top-tier educational districts.
Built in 1995 and marketed as ready for owners to 'make it their own,' the interior likely requires additional investment in cosmetic updates to meet modern luxury standards.
Welcome to the highly sought-after Raintree Ranch community! Situated on an oversized 10,000+ sq. ft. lakefront lot, this well-maintained 4-bedroom, 3-bath home offers a sparkling pool and plenty of space to enjoy Arizona living. The thoughtfully designed floor plan features a downstairs bedroom with a walk-in closet, perfect for guests or multigenerational living. Upstairs, the spacious primary suite boasts a private walk-out balcony overlooking the community lake, creating a peaceful retreat. Recent updates include a new HVAC system (2024), newer windows, and a pool resurfacing completed in 2024. Conveniently located near downtown Chandler and within walking distance of shopping, dining, and entertainment, this home is ready for its next chapter and new owners to make it their own.
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,009 | - |
| Lot Size | 10,677 | - |
| Price | $650.0K | $527.5K |
| Price per sq ft | $324 | $302 |
| Built year | 1995 | 0 |
| HOA | $94 | $0 |
| Days on market | 31 | 2748 |
Jul 18, 2026
$650,000
$720,000
-10% Price Drop
Initial Listing
Jun 22, 2026
$720,000
Initial Listing