26040 N 5TH Street N, Phoenix, AZ 85085, Phoenix AZ 85085
This 2.5-acre, resort-style home is adjacent to the Phoenix Sonoran Desert Preserve and Cove Buttes Recreation Area. Experience both mountain and twinkling city lights as you sit under the covered patio or at the fire pit. Take in the ever-changing sunsets and glimpse weekly hot air balloons as they quietly float over the property. There is a huge loft for an adult game area with an en-suite bedroom and a basement for the kiddos with a bedroom, bathroom, bonus room, and a walkout patio. The main level has 3 bedrooms with their own balcony or patio. There is a short flight of stairs to the pr
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 $274 per square foot, compared with a $273 median for active five-or-more-bedroom homes in Phoenix. Its asking price falls near the 81st percentile of that active group. The comparison uses 701 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 1 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.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 6 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $977,500, and the median is $316 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.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 26308 N 2ND Street, Phoenix, AZ 85085 | Jun 25, 2026 | 4 bd · 3,243 sqft | $2,003,896 | 0.3 mi |
| 25803 N 8TH Avenue, Phoenix, AZ 85085 | Apr 8, 2026 | 4 bd · 3,030 sqft | $900,000 | 0.9 mi |
| 909 W SPUR Drive, Phoenix, AZ 85085 | Jun 12, 2026 | 4 bd · 3,167 sqft | $1,020,000 | 1.0 mi |
| 26716 N 10th Lane, Phoenix, AZ 85085 | Sep 30, 2026 | 4 bd · 3,343 sqft | $1,035,000 | 1.1 mi |
| 26801 N 11th Drive, Phoenix, AZ 85085 | Jul 2, 2026 | 4 bd · 2,733 sqft | $930,000 | 1.1 mi |
| 26722 N 11TH Drive, Phoenix, AZ 85085 | Sep 15, 2026 | 6 bd · 4,368 sqft | $935,000 | 1.1 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.
- $1,995,000 · Active
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