
Peoria, AZ 85373
This Single-Story Residential Asset represents a High-Potential Investment Opportunity, listed at $430,000—positioned above the $414,374 Fair Market Value. While priced slightly above market, the property offers significant value through its Oversized 9,350 sqft Lot and No HOA status. With a Condition Rating of 4, the home requires cosmetic updates, providing a clear path for forced appreciation. Featuring a 16' RV Gate and proximity to Zuni Hills Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
4-bedroom Peoria home with no HOA and massive RV-ready lot. Perfect value-add opportunity for investors or buyers looking to renovate in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10842 W Carlota Lane Subject 4 bd · 2 ba · 1,911 sqft · $217 | $430,000* List Price | 4 | 2 | 1,911 | $217 | - |
A 10818 W SANDS Drive Sold 4 bd · 3 ba · 1,919 sqft · $276 · 0.1 mi | $529,000 | 4 | 3 | 1,919 | $276 | 0.1 mi |
B 10781 W ROBIN Lane W Active 4 bd · 2 ba · 1,660 sqft · $265 · 0.2 mi | $440,000 List Price | 4 | 2 | 1,660 | $265 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998 (28 years old), the property is dated and shows signs of wear consistent with its age. The kitchen features painted original cabinetry and older tile, while the bathrooms and laundry area appear largely original. The listing description explicitly invites 'personal updates' and 'design ideas,' confirming the need for cosmetic and likely system refreshments.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9350, living area = 1911.
Situated in the desirable Deer Valley Ranch with no HOA fees, offering homeowners significant monthly savings and the freedom to use their property without restrictive covenants.
The property features a rare 16-foot RV gate and a massive side yard on an oversized 9,350 sqft lot, providing ample secure space for boats, trailers, and outdoor equipment.
The home is described as needing personal updates and modern touches, indicating that buyers will likely need to budget for cosmetic renovations to bring it up to current market standards.
Built in 1998 and described as 'well-loved,' the property may soon require capital improvements for major systems such as the HVAC or roof, which are approaching the end of their typical lifecycles.
Fantastic opportunity in the highly sought after subdivision of Deer Valley Ranch with NO HOA! Welcome to this spacious 4-bedroom, 2-bathroom single story home. This property offers an ideal layout just waiting for your personal updates and modern touches. Step inside to find a large, open living room perfect for entertaining, which flows seamlessly into a very spacious kitchen and dining area. Positioned on a rare, oversized lot, the exterior is a true standout feature. The home includes an expansive 16' RV gate with a massive side yard, providing plenty of secure room for your RV, boat, or desert toys. Bring your design ideas and make this well-loved home your own.
No exterior & parking available.
Grades PK-8 • 0.2 mi
Grades 7-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,911 | 2,151.67 |
| Lot Size | 9,350 | 7,333.694 |
| Price | $430.0K | $532.5K |
| Price per sq ft | $225 | $260 |
| Built year | 1998 | 2005 |
| HOA | $0 | $174 |
| Days on market | 29 | 86 |
Sep 25, 2026
$430,000
Initial Listing