
Phoenix, AZ 85028
Analysis of 8903 N ARROYA GRANDE Drive, Phoenix, AZ 85028 is currently available with a list price of $4,700,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Built in 2002, this luxury estate is move-in ready and features high-end, durable materials such as 18-inch thick Adobe walls, custom Alder cabinetry, and granite countertops. While the property is 22 years old, it has been exceptionally well-maintained and updated with modern systems, most notably a state-of-the-art 150-panel solar energy system. The gourmet kitchen and premium amenities like the 2,000-bottle wine room and 75-foot lap pool reflect a high standard of quality that exceeds typical age-based depreciation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 120836, living area = 6586.
Situated on a 2.77-acre lot at the end of a private road, the property backs directly onto the Phoenix Mountain Preserve, offering unparalleled privacy and mountain views with no HOA restrictions.
The estate features 18-inch thick Adobe walls for superior thermal mass and a massive 150-panel solar energy system, significantly reducing the environmental footprint and utility costs for a home of this scale.
With over 10,000 square feet under roof and nearly 3 acres of fenced land, the property demands substantial ongoing maintenance and management of its extensive custom features and grounds.
The authentic Territorial and Santa Fe Adobe architecture is highly specialized, which may limit the property's appeal to a specific subset of buyers compared to more mainstream modern luxury designs.
Welcome to Dreamy Draw Grand Adobe, a stunning blend of Territorial and Santa Fe architecture. This luxurious estate offers 5,821 sq. ft. of living space with 18'' thick Adobe walls, a 750 sq. ft. guest house, and a 1,862 sq. ft. four + car garage. Enjoy the 75' lap pool with pergola and 2,339 sq. ft. of patio space. Total Under Roof is 10,772 SQFT. The gourmet kitchen features custom Alder cabinets and stunning granite countertops, while the wine room holds over 2,000 bottles. A state-of-the-art solar energy system with 150 panels enhances efficiency. Nestled on 2.77 acres ( of which 98% is fenced-in) this retreat at the end of a private road backs up to the Phoenix Mountain Preserve, offering mountain views. A rare opportunity for refined living in an upscale neighborhood with no HOA.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 2.0 | 95% |
| Square foot | 6,586 | 2,164 | 98% |
| Lot Size | 120,836 | 10,356 | 100% |
| Price | $4.70M | $640.0K | 99% |
| Price per sq ft | $714 | $332 | 96% |
| Built year | 2002 | 1972 | 98% |
| HOA | $0 | $0 | 50% |
| Days on market | 152 | 1317 | 15% |
Nov 25, 2025
$4,700,000
Initial Listing