85016 Homes under $500,000

85016 Homes under $500,000

Welcome to the vibrant and eclectic community of Phoenix, Arizona, specifically the charming zip code 85016! Nestled in Maricopa County, this area is known for its unique blend of urban convenience and suburban tranquility. With its stunning desert landscapes and stunning mountain views, 85016 offers a picturesque backdrop for those seeking a new home in the heart of Phoenix.

One of the most appealing aspects of this neighborhood is the diverse range of homes available, particularly for those looking for properties under $500,000. Whether you’re a first-time homebuyer, an investor, or looking to downsize, you’ll find a variety of options that fit your budget without compromising on quality or style. From cozy bungalows to contemporary townhomes, the housing market in 85016 is ripe with opportunities for every taste.

Residents of this lively community enjoy easy access to a plethora of amenities, including trendy cafes, local boutiques, and beautiful parks. The area boasts excellent schools and is conveniently located near major highways, making commutes to downtown Phoenix a breeze. Plus, with year-round sunshine and a rich cultural scene, there’s always something to explore.

Living in zip code 85016 means embracing the best of Phoenix living while enjoying the comfort of a welcoming neighborhood. Discover your dream home today in this thriving area, where affordability meets charm, and every day feels like a new adventure!

Newest 85016 Homes under $500,000

4808 N 24th Street Unit 502, Phoenix
$350,000
1 Beds ⋅ 1 Baths ⋅ 7084772 MLS ⋅ ACTIVE Status ⋅ 0.02 Acres ⋅ 85016 Zip Code
Here's your chance to own at Optima Biltmore Towers with resort-like ammenities in the heart of the Biltmore area along the Camelback Corridor, where fine dining, shopping & nightlife are just a short walk away. This upscale, modern urban one-bedroom unit has an open floor plan with floor-to-ceiling windows that pour in natural light. Beautiful luxury vinyl flooring runs throughout & wainscoting on the walls adds a touch of charm. The kitchen shines with quartz counters, custom backsplash, sleek cabinetry, stainless steel appliances & a custom breakfast island with storage & counterspace. A built-in dry bar or coffee bar with shelving & a mini-fridge makes entertaining easy. The bedroom offers a walk-in closet with custom shelving while the spa like bathroom features generous counter space & a glass walk-in shower. Next, enjoy your enormous private covered patio, a great extension of the living space & the perfect spot to relax, work from home, or create your own private retreat. Take the elevator up to the rooftop with a new renovated resort-like pool & spa, BBQ areas, lounge spaces & stunning views of Camelback Mountain & the Phoenix skyline. Residents also enjoy a club room, coffee bar, 24-hour fitness center, steam rooms, concierge services, underground reserved parking, security & extra storage. Water, sewer, trash, gas & internet are included. You are just steps from Biltmore Fashion Park, Life Time Biltmore, Whole Foods & some of Phoenix's best shopping & dining. Easy access to Downtown Phoenix, Scottsdale & Sky Harbor Airport. With beautiful views, resort-style amenities & an easy lock-and-leave lifestyle, this is Biltmore living at its best.

4808 N 24th Street Unit 502, Phoenix

4808 N 24th Street Unit 905, Phoenix
$435,000
2 Beds ⋅ 2 Baths ⋅ 7084652 MLS ⋅ ACTIVE Status ⋅ 0.03 Acres ⋅ 85016 Zip Code
Experience elevated urban living at the highly sought-after Optima Biltmore, where contemporary design, exceptional amenities, and a premier Biltmore location come together beautifully. Perched on the 9th floor, this rarely available corner residence offers 2 bedrooms, 2 bathrooms, an open-concept layout, and dramatic floor-to-ceiling windows showcasing breathtaking mountain, city, and evening light views.Thoughtfully updated with newer and move-in ready New HVAC in 2025, the home features gorgeous wood flooring, fresh designer paint, and an abundance of natural light. The stylish kitchen is designed for both everyday living and entertaining, complete with granite slab countertops, stainless steel appliances, a gas cooktop, contemporary cabinetry, glass tile backsplash, pantry, and under- cabinet lighting. Recent enhancements also include updated lighting, faucets, and bathroom fixtures.The spacious primary suite provides a relaxing retreat with a generous walk-in closet, while the comfortably sized guest bedroom offers flexibility for visitors, a home office, or additional living space. Step outside onto your private balcony and take in the impressive surroundings--perfect for morning coffee, sunset cocktails, or unwinding beneath the city lights. Additional conveniences include a stacked front-loading washer and dryer, one assigned parking space, and a private storage cage.Residents of Optima Biltmore enjoy an impressive collection of resort-inspired amenities, including a spectacular rooftop garden with panoramic Valley views, a 24-hour fitness center with locker rooms and sauna, picnic and BBQ areas, clubhouse, conference room, business center, Wi-Fi-enabled common areas, secure underground parking, and on-site concierge service.Ideally situated at 24th Street and Camelback Road in the heart of the prestigious Biltmore Fashion District, this exceptional residence places some of Phoenix's finest dining, shopping, entertainment, and everyday conveniences just moments from your door. With convenient access to Downtown Phoenix, Scottsdale, and Sky Harbor International Airport, this is sophisticated urban living in one of the Valley's most desirable locations. Welcome to Optima Biltmore--where luxury, lifestyle, and location meet.

4808 N 24th Street Unit 905, Phoenix

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.