OFF MARKET
Off market
$619,616
—
bd
•
4 ba
•
2,250
sq ft

1040 E Shangri La Rd, Phoenix, AZ 85020

map-entry

About this home

1040 E Shangri La Rd is a 2,250 square foot condo with 4 bathrooms. Based on Redfin's Phoenix data, we estimate the home's value is $619,616.
CondoProperty Type
1991Year Built
$275Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$619,616
$8,000 since October

This home's estimate is 0.2% higher than the average sale price ($618K) of 6 comparable homes.

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Earn from this home

Sell
$581,965
Est. take-home

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Market trends in 85020, AZ

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price
97.7%

0.1% MoM

Median sale price
$396K

$11K MoM

Avg. days on market
76d

11 days MoM

Recently sold homes
111

0 MoM

New listings for sale

Provided by Redfin

Sale history for 1040 E Shangri La Rd

Tax history for 1040 E Shangri La Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

RH

Resort District

The Resort District provides for resorts occupying extensive grounds and providing within the establishment related guest service facilities such as restaurants, bars, gift shops, and riding stables. Resort districts may be close to residential neighborhoods and will, therefore, provide regulations and site plan controls to protect the residential quality of the Resort District itself and surrounding residential districts.
Permitted uses

Include but are not limited to:

  • Self-Storage / mini-Storage
  • Infrastructure
  • Resort & spa

Property details

Around this home

Schools

Larkspur Elementary School

Public PreK-6 • Assigned • 2.0mi

4/10
Shea Middle School

Public 5-8 • Assigned • 2.1mi

4/10
Shadow Mountain High School

Public 7-12 • Assigned • 2.3mi

9/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

9/10 Heat Factor

7 days above 111° expected this year, 19 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Phoenix, AZ • 85020
Average low and high temperatures (°F)
68
45
78
53
84
58
85
62
93
70
104
79
106
84
106
84
97
77
87
65
75
53
73
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 13.5 hours in June and 7.7 hours in December, placing it above the U.S. average for solar exposure.

13.5 hrs
7.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$589,000 – $713,000

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Home values near 1040 E Shangri La Rd

Data from public records.
Property information provided by undefined .

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