7031 N CENTRAL Avenue, Phoenix, AZ 85020, Phoenix AZ 85020
Rare opportunity to own one of the most iconic locations in North Central Phoenix, situated directly on the coveted Murphy Bridle Path along Central Avenue. Surrounded by multi-million dollar estates and lush mature landscaping, this property offers endless potential to create a truly exceptional custom residence in one of the Valley's most desirable corridors. The existing home has been taken down to the studs and is ready for its next chapter, whether that's a complete reimagination of the current structure or an entirely new custom build. With an unbeatable location, expansive potential,
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 $278 per square foot, compared with a $272 median for active five-or-more-bedroom homes in Phoenix. Its asking price falls near the 57th percentile of that active group. The comparison uses 698 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 $1,517,500, and the median is $507 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 |
|---|---|---|---|---|
| 6815 N 2ND Street, Phoenix, AZ 85012 | Jun 30, 2026 | 4 bd · 3,312 sqft | $1,535,000 | 0.2 mi |
| 303 E WEXFORD Cove, Phoenix, AZ 85020 | Jun 16, 2026 | 4 bd · 3,429 sqft | $1,020,000 | 0.3 mi |
| 109 E NORTHVIEW Avenue, Phoenix, AZ 85020 | Jun 12, 2026 | 4 bd · 2,739 sqft | $1,399,000 | 0.3 mi |
| 7252 N CENTRAL Avenue, Phoenix, AZ 85020 | Apr 10, 2026 | 4 bd · 2,641 sqft | $1,500,000 | 0.3 mi |
| 7025 N WILDER Road, Phoenix, AZ 85021 | Jun 24, 2026 | 5 bd · 5,000 sqft | $3,395,000 | 0.3 mi |
| 334 E GLENN Drive, Phoenix, AZ 85020 | Sep 30, 2026 | 6 bd · 5,242 sqft | $3,325,000 | 0.3 mi |
| 7320 N CENTRAL Avenue, Phoenix, AZ 85020 | Sep 23, 2026 | 5 bd · 4,029 sqft | $2,025,000 | 0.3 mi |
| 16 W OCOTILLO Road, Phoenix, AZ 85013 | Sep 4, 2026 | 5 bd · 3,112 sqft | $1,350,000 | 0.4 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.
- $999,900 · Pending
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