$715,600
as of Sep 2, 2026
- 3 Beds
- 2.5 Baths
- 2,659 sqft
- 3 Beds
- 2.5 Baths
- 2,659 sqft
517 E Balao Dr, Phoenix, AZ 85085
Home Highlights
Property Type
Single-Family Home
Year Built
2019
Living Area
2,659 sqft
Price/Sqft
$269
Parking
Attached Garage
Local Information
-- mins to
About this House
Phoenix, AZ - HOUSE - $3,395.00 Available April 2026
Luxury rental in the beautiful development of Gateway at Sonoran Preserve! This is a unique rental opportunity with this 3Bed + office/den & loft, 2.5bath home. Walk into soaring ceilings, wood tile flooring, plenty of natural light, custom paint and tons of upgrades! Gourmet kitchen has stainless appliances, quartz countertops, huge center island, tons of espresso cabinets, drop pendant lighting and a plethora of designer touches. The great room/family room has a wall length multi-slide door leading to the backyard sanctuary which offers the most stunning mountain views! Primary bed/bath has double vanities, separate soaking tub, stand-up shower and huge walk-in closet. The office/den could easily be converted into a 4th bedroom. The backyard is a summertime oasis with modern decking, a fire pit which can be accessed while sitting and enjoying drinks in the pool! Landscape and pool service INCLUDED! This home is close is close to all Phx has to offer as well as freeways, hospitals, Anthem Outlets, Norterra & Desert Ridge. Miles of Hiking/biking trails are right outside your front door! The perfect home for your family!
DEPOSITS & FEES: Refundable security deposit equal to one-month rent, $300 per pet half refundable-half nonrefundable (Pets with approval), $500 non-refundable cleaning fee, $150.00 Lease set up fee, visit valentineteam .com to apply.
Luxury rental in the beautiful development of Gateway at Sonoran Preserve! This is a unique rental opportunity with this 3Bed + office/den & loft, 2.5bath home. Walk into soaring ceilings, wood tile flooring, plenty of natural light, custom paint and tons of upgrades! Gourmet kitchen has stainless appliances, quartz countertops, huge center island, tons of espresso cabinets, drop pendant lighting and a plethora of designer touches. The great room/family room has a wall length multi-slide door leading to the backyard sanctuary which offers the most stunning mountain views! Primary bed/bath has double vanities, separate soaking tub, stand-up shower and huge walk-in closet. The office/den could easily be converted into a 4th bedroom. The backyard is a summertime oasis with modern decking, a fire pit which can be accessed while sitting and enjoying drinks in the pool! Landscape and pool service INCLUDED! This home is close is close to all Phx has to offer as well as freeways, hospitals, Anthem Outlets, Norterra & Desert Ridge. Miles of Hiking/biking trails are right outside your front door! The perfect home for your family!
DEPOSITS & FEES: Refundable security deposit equal to one-month rent, $300 per pet half refundable-half nonrefundable (Pets with approval), $500 non-refundable cleaning fee, $150.00 Lease set up fee, visit valentineteam .com to apply.
517 E Balao Dr, Phoenix, AZ 85085 is a 3 bedroom, 3 bathroom, 2,659 sqft single-family home in Desert View, built in 2019. It last sold for $447,867 on Oct 29, 2019 (13,092% above the $3,395 asking price). More recently, it was listed as a rental in April 2026 with an asking price of $3,595 per month. That rental listing was removed on April 28, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $715,600, with a rent estimate of $3,917/month.
Home Details for 517 E Balao Dr
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Heating & Cooling Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air |
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Year Built Year Built: 2019 |
Property Type / Style Property Type: Single Family Home |
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Lease Term: Contact For Details |
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Parking & Garage Parking: Attached Covered, On Site |
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Smoke Free |
Comparable Sales for 517 E Balao Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Single-Family Home | $594,500 | 06/10/26 | 3 | 2 | 1,758 sqft | |
0.08 | Single-Family Home | $735,000 | 06/05/26 | 3 | 2 | 2,014 sqft | |
0.11 | Single-Family Home | $620,000 | 12/01/25 | 4 | 2.5 | 2,430 sqft | |
0.05 | Single-Family Home | $765,000 | 02/18/26 | 4 | 2.5 | 3,028 sqft | |
0.05 | Single-Family Home | $750,000 | 09/25/25 | 3 | 2 | 1,773 sqft | |
0.19 | Single-Family Home | $590,210 | 03/24/26 | 3 | 2 | 1,758 sqft | |
0.21 | Single-Family Home | $615,000 | 12/24/25 | 3 | 2 | 1,758 sqft | |
0.24 | Single-Family Home | $790,000 | 12/04/25 | 3 | 2.5 | 2,329 sqft | |
0.26 | Single-Family Home | $703,000 | 08/21/26 | 4 | 3.5 | 3,321 sqft | |
0.32 | Single-Family Home | $740,000 | 10/30/25 | 4 | 3.5 | 3,321 sqft |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Rental Market Trends in Phoenix
Last updated Sep 2026
Trulia Rent Estimate$3,917/mo
Average rent
$1.85K
Available listings
5050
Around this home
What Locals Say about Desert View
At least 277 Trulia users voted on each feature.
92 % Say it's dog friendly
91 % Say car is needed
89 % Say there are sidewalks
82 % Say parking is easy
80 % Say there's holiday spirit
77 % Say people would walk alone at night
75 % Say streets are well-lit
72 % Say it's quiet
71 % Say there's wildlife
71 % Say yards are well-kept
63 % Say kids play outside
59 % Say they plan to stay for at least 5 years
48 % Say neighbors are friendly
41 % Say it's walkable to restaurants
38 % Say it's walkable to grocery stores
38 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 28, 2026 Source: Zillow Rentals | ListingRemoved | $3,395 |
Apr 22, 2026 Source: Zillow Rentals | PriceChange | $3,395 Price decreased by 6% |
Apr 9, 2026 Source: Zillow Rentals | Listed For Rent | $3,595 |
Mar 4, 2026 Source: Zillow Rentals | ListingRemoved | $3,595 |
Jan 6, 2026 Source: Zillow Rentals | Listed For Rent | $3,595 |
Jan 23, 2024 Source: ARMLS #6486588 | ListingRemoved | $774,000 |
Feb 6, 2023 Source: ARMLS #6486588 | ListingRemoved | $774,000 |
Jan 13, 2023 Source: ARMLS #6486588 | Listed For Sale | $774,000 |
Dec 13, 2022 Source: ARMLS #6486588 | ListingRemoved | $774,000 |
Dec 8, 2022 Source: ARMLS #6486588 | PriceChange | $774,000 Price decreased by 0% |
Nov 28, 2022 Source: ARMLS #6486588 | PriceChange | $775,000 Price decreased by 3% |
Nov 10, 2022 Source: ARMLS #6486588 | Listed For Sale | $795,000 |
Oct 29, 2019 Source: N/A | Sold | $447,867 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,286 | $615,700 |
Home facts updated by county records
Frequently asked questions about 517 E Balao Dr
- What is 517 E Balao Dr estimated to be worth?Trulia's estimated value for 517 E Balao Dr in Phoenix, AZ is $715,600.
- What is the price history for 517 E Balao Dr?517 E Balao Dr in Phoenix, AZ last sold for $447,867 in October 2019.
- Is Phoenix a buyer's or seller's market?Phoenix is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Phoenix?The median sale price in Phoenix is $699K. That is up $8.54K from the prior month.
- Does 517 E Balao Dr have air conditioning?Yes, 517 E Balao Dr in Phoenix, AZ has air conditioning.
- Does 517 E Balao Dr have parking?Yes, 517 E Balao Dr in Phoenix, AZ has on-site parking.
Homes for rent near 517 E Balao Dr
Affordability
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For this property
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