Redfin is joining Rocket

Discover how we're simplifying your journey home.

$1,685,000

242 W Royal Palm Rd Phoenix, AZ 85021

4 beds
3 baths
3,457 sqft
0.2 acres
$487 / sqft
House

Property details

About 242 W Royal Palm Rd

Welcome to this recently renovated luxury home in the prestigious Royal Palm neighborhood of Phoenix. Masterfully reimagined with timeless elegance and modern sophistication. Gorgeous Bentley White Oak flooring and honed natural stone throughout. Locally curated iron work adds unique artisanal touch including six exquisite French doors, a charming Dutch front door and custom gates. The entry boasts a soaring 19 foot ceiling and second floor balcony with views of Piestewa Peak. The Chef's kitchen has everything you need with black stainless steel Z-Line appliances. Beautiful backyard with private pool, covered patio and fire pit. Wonderful location close to Bridal Path and all North Central Phoenix restaurants and shops!

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size3,457 sqft
Lot size0.23 Acres
Year built1987
ParkingRV Gate, Garage Door Opener, Direct Access
MLS #6873730
Garage3 spaces
FireplaceFire Pit, 2 Fireplace, Family Room, Master Bedroom, Gas
ViewMountain(s)

Summary

  • Flooring Type: Tile, Wood
  • Interior: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Furnished(See Rmrks), Vaulted Ceiling(s), Wet Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Fireplace: Fire Pit, 2 Fireplace, Family Room, Master Bedroom, Gas
  • Total Bedroom Count: 4
  • Garage Space: 3 spaces
  • Parking: RV Gate, Garage Door Opener, Direct Access
  • View: Mountain(s)
  • Exterior: Balcony, Private Yard
  • Heating: Electric
  • Cooling: Central Air, Ceiling Fan(s)
  • List Price: $1,685,000
  • Price/SqFt: $487
  • Annual Tax Amount: $7,644
  • Tax Year: 2024
  • Lot: Sprinklers In Front, Corner Lot, Cul-De-Sac
  • Directions: Head west on Northern Ave (0.3 mi). Turn right (North) on 3rd Ave (0.2.mi). Property on NE corner of W Royal Palm (a cul-de-sac) and N 3rd Ave.
  • Year Built: 1987
  • Stories: 2
  • Living Area: 3,457 SqFt
  • Lot Size: 0.23 Acres
  • MLS Number: 6873730
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: My Home Group Real Estate
  • Office Phone: (480) 685-2760
  • Office Email: andrew@myhomegroup.com
  • Listing Agent: Brett Bender, Amber Bender

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/15/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
May 30, 2023
Home Sold
$1,560,000
May 04, 2022
Home Sold
$1,105,000
Mar 01, 1995
Home Sold
$285,000
Mar 11, 1988
Home Sold
$280,000

Tax history

YearAssessmentProperty Tax
2024$88,760$7,644
2023$78,010$7,395
2022$58,610$6,890
2020$53,130$6,703
2019$48,780$6,382
2017$46,600$6,346

History based on county public records data.

Nearby schools

3

Desert View Elementary School

Public District PK-6

0.7 mi

8621 N 3rd St

7

Madison Simis Elementary School

Public District PK-4

1.3 mi

7302 N 10th St

3

Richard E. Miller Elementary School

Public District KG-5

1.5 mi

2021 W Alice Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $82,686. Most Phoenix, AZ residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

22%
<35k
41%
35k-100k
24%
100k-200k
13%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

53%
Single, No Kids
4%
Single, with Kids
31%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
6%
12-17 yrs old
13%
18-34 yrs old
46%
35-64 yrs old
26%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Live TheatreLive Theatre
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • Boston MarketBoston Market
  • StarbucksStarbucks

What do the neighbors drive?

  • VolvoVolvo
  • MercedesMercedes
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 242 W Royal Palm Rd

The listing price of 242 W Royal Palm Rd property is $1,685,000.

The property 242 W Royal Palm Rd is a house located in Phoenix, Arizona, 85021.

Active Listing: 242 W Royal Palm Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 242 W Royal Palm Rd are: Desert View Elementary School (GreatSchools Rating 3/10), Madison Simis Elementary School (GreatSchools Rating 7/10), Richard E. Miller Elementary School (GreatSchools Rating 3/10), Sunnyslope School (GreatSchools Rating 2/10), Orangewood School (GreatSchools Rating 2/10), Royal Palm Middle School (GreatSchools Rating 4/10), Sunnyslope High School (GreatSchools Rating 7/10), Washington High School (GreatSchools Rating 7/10), Pillar Academy of Business & Finance (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $7,644 (source: MLS/based on county public records data).

The last sale was on May 30, 2023 for $1,560,000 (source: MLS/tax record).

The property at 242 W Royal Palm Rd has 4 bedrooms and 3 bathrooms.

The property 242 W Royal Palm Rd is 3,457 SqFt (source: MLS/tax record).

The year of construction for 242 W Royal Palm Rd is 1987.

This home is located at 242 W Royal Palm Rd in Phoenix, AZ and zip code 85021 in the North Mountain neighborhood. This 3,457 square foot home, which was built in 1987, sits on a 0.23 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 31, 2025 and is currently priced at $1,685,000.

Over 188 listings were sold over their listed price in June 2025 in Phoenix, AZ. In the same period over 788 listings were sold below the listed price and 341 listings were sold for the listed price. The inventory of homes for sale in Phoenix, AZ between May and June 2025 decreased by 0.2%. In June 2025 median list price was $460,087 and the average listing age was 67 days.

From Rocket Homes Real Estate and based on county public records data.

More resources