7240 N DREAMY DRAW Drive 113, Phoenix, AZ 85020

$585,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 2,209 Lot Size (sq. ft.): 3,489 Status: Closed
Current Price: $585,000 Last Modified: 10/17/2026

Overview

Description

Welcome to this beautifully updated home in the highly desirable gated community of Legends at Dreamy Draw. Renovated in 2025, this move-in-ready residence features new flooring throughout, updated cabinetry, GE stainless steel appliances and a primary bathroom that offers a spa-like retreat with modern finishes. Offering over 2,200 square feet of living space, this 2-bedroom, 2.5-bath home also includes a spacious loft that can easily serve as a home office, media room, fitness space, or guest retreat. Soaring ceilings, abundant natural light, and an open, inviting floor plan create a comfortable flow that's perfect for both everyday living and entertaining. Minutes from the Biltmore, Scottsdale, downtown Phoenix, premier dining, shopping, hiking and convenient freeway access.

Listing Details MLS# 7047291

Location, Tax & Legal

House Number
7240
Compass
N
Street Name
DREAMY DRAW
St Suffix
Drive
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85020
Zip4
5263
Country
US
County Code
Maricopa
Assessor Number
164-24-138
Subdivision
Legends at Dreamy Draw
Tax Year
2025

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
2
# of Interior Levels
2
# Bedrooms
2
Full Bathrooms
2
Half Bathrooms
Yes
Total Bathrooms
3
Approx SQFT
2209
Price/SqFt
264.83
Horses
N
Builder Name
Unknown
Year Built
1998
Approx Lot SqFt
3489
Approx Lot Acres
0.08
Community Pool Y/N
Yes
Private Pool Y/N
No
Fireplace YN
Yes
Fireplaces Total
Yes
Elementary School District
Madison Elementary District
High School District
Phoenix Union High School District
Elementary School
Madison #1 Elementary School
Jr. High School
Madison #1 Elementary School
High School
Camelback High School

Remarks Misc

Cross Street
16th Street and Glendale

Status Change Info

Off Market Date
2026-08-25
Under Contract Date
2026-08-24
Close of Escrow Date
2026-09-16

Legal Info

Township
2N
Range
3E
Section
3
Lot Number
13

More Information

Basement

Basement Y/N
N

Items Updated

Floor Yr Updated
2025
Floor Partial/Full
Full
Kitchen Yr Updated
2025
Kitchen Partial/Full
Full
Bath(s) Yr Updated
2025
Bath(s) Partial/Full
Full

Parking Spaces

Garage Spaces
2
Slab Parking Spaces
2
Total Covered Spaces
2

Showing Notification Methods

Showing Service
Aligned Showings

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession to Buyer
6000
Seller Concession $/%
$

DPR Eligible

DPR Eligible
Yes

Property Features

Special Listing Cond: N/A Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room Master Bedroom: Upstairs Additional Bedroom: Separate Bedroom Exit; Master Bedroom Walk-in Closet Fireplace Features: Fireplace Living Rm; Gas Fireplace Flooring: Vinyl Window Features: Screens Community Pool Features: Fenced; Outdoor Spa: None Community Features: Community Spa Htd; Gated Dining Area: Formal; Breakfast Bar Kitchen Features: Dishwasher; Refrigerator Laundry: Washer Included; Dryer Included; Inside; Upstairs Laundry Other Rooms: Loft Interior Features: Vaulted Ceiling(s) Exterior Features: Balcony; Covered Patio(s); Private Street(s); Pvt Yrd(s)/Crtyrd(s) Parking Features: Attached Garage; Garage Door Opener Road Access Type: Private Road Road Surface Type: Asphalt Road Responsibility: Private Maintained Road Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Cooling: Central Air; Ceiling Fan(s); Heat Pump Heating: Ceiling; Forced Air; Heat Pump Utilities: APS Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Back Yard; Front Yard; Wrought Iron Property Description: North/South Exposure; Adjacent to Wash Landscaping: Desert Front; Desert Back; Synthetic Grass Back Showing Notification Methods: No Notification Required to Show Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: Common Area Maint Existing 1st Loan: Conventional New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Disclosures: Seller Discl Avail
IDX
Listing Office: Grayson Real Estate
Office Phone: 602-418-2950
Office Email: keith@phxeco.com
Last Updated: October - 17 - 2026
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