2818 E ELM Street, Phoenix, AZ 85016, Phoenix AZ 85016
Set on a generous 17,500+ square-foot lot in Phoenix's desirable Biltmore area, this 2026 custom home was thoughtfully designed for both everyday living and effortless entertaining. The split floor plan offers five bedrooms, five full bathrooms, two powder rooms, a versatile bonus living room, and a three-car garage. At the heart of the home, the chef's kitchen features custom cabinetry, top-tier Sub-Zero, Wolf, and Cove appliances, along with a spacious butler's kitchen. The light-filled great room opens seamlessly to the outdoor living areas, where a lush lawn and vibrant landscaping create
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 $743 per square foot, compared with a $273 median for active five-or-more-bedroom homes in Phoenix. Its asking price falls near the 90th 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.
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 $889,000, and the median is $445 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 |
|---|---|---|---|---|
| 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 |
| 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 |
| 3041 E ELM Street, Phoenix, AZ 85016 | Apr 23, 2026 | 4 bd · 2,307 sqft | $1,199,000 | 0.3 mi |
| 2846 E CAMPBELL Avenue, Phoenix, AZ 85016 | Apr 16, 2026 | 5 bd · 2,042 sqft | $850,000 | 0.3 mi |
| 3035 E COOLIDGE Street, Phoenix, AZ 85016 | May 8, 2026 | 4 bd · 3,372 sqft | $2,337,000 | 0.3 mi |
| 2825 E CAMPBELL Avenue, Phoenix, AZ 85016 | May 26, 2026 | 4 bd · 2,051 sqft | $928,000 | 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.
- $3,530,000 · Active
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