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2402 E ESPLANADE Lane 704, Phoenix, AZ 85016, Phoenix AZ 85016

$1,249,500
2 bed · 2,417 sqft · Built 2002 · 0.01 acres

Residence #704 offers well-designed & thoughtful updates to the original floor plan: two primary bedroom closets, updated bathrooms & kitchen, office/den used as an extra delightful guest bedroom with designer frosted glass double doors. The great room offers a gas fireplace and a formal dining area with a wine refrigerator and shelving. Enjoy the award-winning services & amenities befitting the ultimate high-rise address, Esplanade Place, in the heart of the Biltmore/Esplanade area of Phoenix offering dine-in theater, find restaurants, shopping and entertainment venues! With valet parking

2402 E ESPLANADE Lane 704, Phoenix, AZ 850162402 E ESPLANADE Lane 704, Phoenix, AZ 850162402 E ESPLANADE Lane 704, Phoenix, AZ 850162402 E ESPLANADE Lane 704, Phoenix, AZ 850162402 E ESPLANADE Lane 704, Phoenix, AZ 850162402 E ESPLANADE Lane 704, Phoenix, AZ 85016

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 $517 per square foot, compared with a $215 median for active 2-bedroom homes in Phoenix. Its asking price falls near the 95th percentile of that active group. The comparison uses 1,714 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.

$517Listing $/sqft
$215Cohort median $/sqft
1,714Comparable 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 $772,500, and the median is $438 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
2402 E Esplanade 902, Phoenix, AZ 85016 Jun 22, 2026 3 bd · 3,550 sqft $12,000 0.0 mi
2402 E ESPLANADE Lane 604, Phoenix, AZ 85016 Jun 22, 2026 2 bd · 2,417 sqft $1,749,000 0.0 mi
2402 E ESPLANADE Lane PH2, Phoenix, AZ 85016 Jun 22, 2026 3 bd · 4,286 sqft $3,950,000 0.0 mi
2402 E Esplanade Lane 1101, Phoenix, AZ 85016 Apr 2, 2026 3 bd · 3,350 sqft $2,800,000 0.0 mi
4738 N 24TH Place, Phoenix, AZ 85016 Sep 14, 2026 3 bd · 2,137 sqft $980,000 0.1 mi
4808 N 24TH Street 703, Phoenix, AZ 85016 May 28, 2026 2 bd · 1,356 sqft $505,000 0.1 mi
4808 N 24TH Street 1303, Phoenix, AZ 85016 Jul 1, 2026 2 bd · 1,356 sqft $565,000 0.1 mi
4735 N 24TH Street, Phoenix, AZ 85016 Sep 15, 2026 3 bd · 1,596 sqft $475,000 0.1 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. $1,249,500 · Active

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