Pending

16023 S 40th Way, Phoenix, AZ 85048, Phoenix AZ 85048

$435,000
3 bed · 1,443 sqft · Built 1992 · 0.1 acres

Welcome to this charming home in Ahwatukee, offering a desirable open-concept layout. The spacious great room flows seamlessly into the dining area & kitchen, featuring stainless steel appliances, granite countertops, a stone backsplash and a generous sized island. The primary suite offers a private patio and backyard access. Step outside to a backyard with a spacious turf area and extended paver patio and enough room for a hot tub or shed, perfect for relaxing and entertaining. Additional highlights include fresh PAINT INSIDE 2026, a NEWER ROOF and ATTIC INSULATION in 2021 and updating floori

16023 S 40th Way, Phoenix, AZ 8504816023 S 40th Way, Phoenix, AZ 8504816023 S 40th Way, Phoenix, AZ 8504816023 S 40th Way, Phoenix, AZ 8504816023 S 40th Way, Phoenix, AZ 8504816023 S 40th Way, Phoenix, AZ 85048

CloseDaily local analysis

Facts and context beyond the MLS description

The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.

Current market context

How this property compares in Phoenix

This property is offered at $301 per square foot, compared with a $260 median for active 3-bedroom homes in Phoenix. Its asking price falls near the 58th percentile of that active group. The comparison uses 2,597 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.

The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.

$301Listing $/sqft
$260Cohort median $/sqft
2,597Comparable active listings
0 daysAverage market time

Nearby closed sales

Recent sold homes near this property

The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $455,000, and the median is $255 per square foot where square footage was reported.

Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.

AddressSoldHomeSold priceDistance
4051 E MOUNTAIN VISTA Drive, Phoenix, AZ 85048 May 22, 2026 3 bd · 1,428 sqft $425,000 0.1 mi
4113 E MOUNTAIN VISTA Drive, Phoenix, AZ 85048 Sep 16, 2026 3 bd · 1,428 sqft $293,000 0.1 mi
4114 E MUIRWOOD Drive, Phoenix, AZ 85048 Apr 8, 2026 3 bd · 2,153 sqft $472,000 0.1 mi
4122 E MOUNTAIN VISTA Drive, Phoenix, AZ 85048 May 27, 2026 3 bd · 1,428 sqft $460,000 0.2 mi
4130 E MOUNTAIN VISTA Drive, Phoenix, AZ 85048 Apr 14, 2026 4 bd · 2,082 sqft $520,000 0.2 mi
3910 E HIDDENVIEW Drive, Phoenix, AZ 85048 Jun 18, 2026 3 bd · 1,899 sqft $615,000 0.2 mi
3914 E AMBERWOOD Drive, Phoenix, AZ 85048 Aug 21, 2026 3 bd · 2,351 sqft $450,000 0.2 mi
3830 E LAKEWOOD Parkway 3079, Phoenix, AZ 85048 Apr 30, 2026 2 bd · 997 sqft $260,000 0.2 mi

MLS timeline

Price and status history

This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.

  1. $435,000 · Pending

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