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Ground-Floor Residential Income Property
New
For Sale
$1,200,000

5250 E DEER VALLEY Drive 156, Phoenix, AZ 85054

Updated condominium with outdoor entertaining features and direct access to shared community amenities.

Property Size1,781 SF
Days on Market3

Property Features for 5250 E DEER VALLEY Drive 156

General Information

Standard status Active
Size 1,781 SF
Total Parking Spaces 2
Property subtype Apartment

Additional Details

Highway Access Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $3,236

Amenities

extended patio
private built-in BBQ
putting green
pool
gym
community center

Building Details

Building Size 1,781 SF
Year Built 2023
Listing Agency: Russ Lyon Sotheby's International Realty
Listed By: Jeff Fields · License #SA643055000
Source: Jcluxuryresidential
Added: Aug 20 Changed: Aug 22 Last Checked: Aug 22 at 11:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Russ Lyon Sotheby's International Realty

Investment Insights

Based on property information with market context.

This 2023 residential income property is a ground-floor condominium with an open floor plan centered on a great room. The unit includes builder upgrades, upgraded finishes, a large extended patio, a built-in BBQ, and a private putting green. Two garage parking spaces are included.

Community amenities are positioned approximately 50 feet from the unit and include a pool, gym, and community center. The property is near the 101 and 51 Freeways, with dining and entertainment options located between High Street and Desert Ridge. The condominium is described as move-in ready and has been meticulously maintained.

Key Highlights

  • Ground‑floor condominium with a large extended patio
  • Private built‑in BBQ and putting green
  • 2023 construction with builder upgrades and upgraded finishes

Property Analytics

Current Use

The Luxe at Desert Ridge Condominium Complex

Suggested Use

Top Pick Building Supply Auto Repair Shop HVAC Service Electrical Service Plumbing Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

748
Businesses Nearby

Demographics for 85054, AZ

8,849
Population
6,271
Households
1.4
Avg Household Size
39
Median Age
61%
College-Educated
98%
High-School Grad
8.6 sq mi
ZIP Area
1,029
Density / Sq Mi
$89,099
Median Household Income
$64,554
Median Earnings
$2,146
Median Rent
$618,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Updated condominium with outdoor entertaining features and direct access to shared community amenities.
Where is this residential income property located?
The property is located at 5250 E DEER VALLEY Drive 156 Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Ground‑floor condominium with a large extended patio; Private built‑in BBQ and putting green; 2023 construction with builder upgrades and upgraded finishes
More about this property
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