Welcome to 515 W Melody Dr, a spacious South Mountain area home offering nearly 3,200 sq ft of comfortable living space. Situated on a quiet cul-de-sac, this 5-bedroom, 3-bathroom home offers a large open floor plan with generous living areas, beautiful hardwood floors, and a large kitchen with room for cooking, gathering, and entertaining. Step outside to your own private backyard oasis, complete with a pool and spa, perfect for relaxing or enjoying Arizona's year-round sunshine. This gated community, offers convenient access to the scenic South Mountain Preserve, where residents can enjoy hi
CloseDaily local analysis
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
This property is offered at $172 per square foot, compared with a $273 median for active five-or-more-bedroom homes in Phoenix. Its asking price falls near the 25th 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
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 $387,500, and the median is $266 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 |
|---|---|---|---|---|
| 630 W BEVERLY Road, Phoenix, AZ 85041 | Aug 21, 2026 | 3 bd · 1,534 sqft | $417,500 | 0.1 mi |
| 8124 S 6TH Avenue, Phoenix, AZ 85041 | Apr 13, 2026 | 3 bd · 1,602 sqft | $395,000 | 0.1 mi |
| 508 W LATONA Road, Phoenix, AZ 85041 | Jul 17, 2026 | 3 bd · 1,358 sqft | $406,000 | 0.1 mi |
| 608 W GARY Way, Phoenix, AZ 85041 | Jul 31, 2026 | 4 bd · 1,771 sqft | $460,000 | 0.1 mi |
| 606 W BEAUTIFUL Lane, Phoenix, AZ 85041 | Jun 4, 2026 | 3 bd · 1,385 sqft | $347,500 | 0.2 mi |
| 134 W DESERT Lane, Phoenix, AZ 85041 | Apr 28, 2026 | 3 bd · 1,487 sqft | $315,000 | 0.3 mi |
| 231 W WINSTON Drive, Phoenix, AZ 85041 | Jun 9, 2026 | 4 bd · 1,134 sqft | $380,000 | 0.3 mi |
| 221 W Winston Drive, Phoenix, AZ 85041 | Jun 19, 2026 | 3 bd · 936 sqft | $297,000 | 0.4 mi |
MLS timeline
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.
Continue comparing
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Phoenix homes for sale · See the Phoenix market report