Active

2801 E ELM Street, Phoenix, AZ 85016, Phoenix AZ 85016

$3,950,000
5 bed · 4,936 sqft · Built 2026 · 0.33 acres

Some homes have a backyard. This one was designed around it. Completed in 2026, this nearly 5,000-square-foot custom residence in the heart of the Biltmore corridor wraps around a private central courtyard, placing the newly completed heated pool, spa and gardens at the heart of the home. From the moment you enter, soaring 10'-15' ceilings and expansive walls of glass draw your eye through the great room and out to the water beyond. The kitchen makes a statement of its own. An oversized leathered Jatoba quartzite island anchors the space, complemented by professional-grade appliances, custom

2801 E ELM Street, Phoenix, AZ 850162801 E ELM Street, Phoenix, AZ 850162801 E ELM Street, Phoenix, AZ 850162801 E ELM Street, Phoenix, AZ 850162801 E ELM Street, Phoenix, AZ 850162801 E ELM Street, 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 $800 per square foot, compared with a $273 median for active five-or-more-bedroom homes in Phoenix. Its asking price falls near the 91st percentile of that active group. The comparison uses 693 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.

$800Listing $/sqft
$273Cohort median $/sqft
693Comparable 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 $777,500, and the median is $424 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
4652 N 29TH Street, Phoenix, AZ 85016 Jul 29, 2026 4 bd · 3,121 sqft $1,325,000 0.1 mi
2623 E PIERSON Street, Phoenix, AZ 85016 Jun 11, 2026 3 bd · 1,685 sqft $820,000 0.2 mi
2846 E CAMPBELL Avenue, Phoenix, AZ 85016 Apr 16, 2026 5 bd · 2,042 sqft $850,000 0.3 mi
3015 E COOLIDGE Street 10, Phoenix, AZ 85016 Apr 2, 2026 2 bd · 1,733 sqft $735,000 0.3 mi
3015 E Coolidge Street 2, Phoenix, AZ 85016 May 27, 2026 2 bd · 1,634 sqft $715,000 0.3 mi
2825 E CAMPBELL Avenue, Phoenix, AZ 85016 May 26, 2026 4 bd · 2,051 sqft $928,000 0.3 mi
4430 N 28TH Street 8, Phoenix, AZ 85016 Sep 18, 2026 2 bd · 832 sqft $235,000 0.3 mi
2532 E PIERSON Street, Phoenix, AZ 85016 Jul 2, 2026 3 bd · 2,011 sqft $682,500 0.3 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. $3,975,000 · Active
  2. $3,950,000 · Active

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