11018 W Tonto Lane, Peoria, AZ 85373, Peoria, 85373 - 3 bed, 2 bath
Loading property details...
11018 W Tonto Lane
Peoria, AZ 85373
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,409Sq Ft
7,000Lot Size
Property Price
LIST PRICE$430,000
EST. MARKET VALUE
$394,127
9% AboveMARKET VALUE
SUMMARY
This Waterfront Single Family Residence represents a Strong Value Opportunity, listed at $430,000—positioned well above the $394,127 Fair Market Value. While priced at a premium, the property offers a unique lifestyle in the 55+ Ventana Lakes community, featuring majestic lake views, a pergola-covered patio, and a granite kitchen. With a Fair Condition Rating and 1999 construction, the home provides a stable, move-in ready environment. This is an ideal acquisition for Retirees or Active Adults seeking a tranquil, low-maintenance waterfront sanctuary.
Estimated Market Value
$394,127
Based on Realkey algorithm analyzing recent comparable sales in Peoria.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11018 W Tonto Lane Subject 3 bd · 2 ba · 1,409 sqft · $280 | $430,000* List Price | 3 | 2 | 1,409 | $280 | - |
A 20347 N 109TH Lane Sold 3 bd · 2 ba · 1,503 sqft · $256 · 0.5 mi | $385,000 | 3 | 2 | 1,503 | $256 | 0.5 mi |
B 20444 N 110TH Avenue Sold 3 bd · 2 ba · 1,896 sqft · $223 · 0.5 mi | $422,500 | 3 | 2 | 1,896 | $223 | 0.5 mi |
C 10729 W IRMA Lane Sold 3 bd · 2 ba · 1,309 sqft · $248 · 0.7 mi | $325,000 | 3 | 2 | 1,309 | $248 | 0.7 mi |
D 19545 N 108TH Avenue Pending 3 bd · 2 ba · 1,405 sqft · $256 · 0.3 mi | $359,900 List Price | 3 | 2 | 1,405 | $256 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1999 (25 years old), the property is well-maintained but reflects its age. The kitchen features original-style oak cabinetry and white appliances, and the bathrooms maintain the original 90s aesthetic. While the addition of granite counters provides a minor update and the home is move-in ready, the overall systems and finishes are over 20 years old, placing it in the Fair category.
PROSSTRENGTHS & OPPORTUNITIES
- Waterfront Living
The property features rare direct lake access and majestic waterfront views, providing a premium, tranquil setting for outdoor relaxation and year-round entertaining.
- Prime Cul-de-Sac Location
Situated in a quiet cul-de-sac within the desirable 55+ Ventana Lakes community, the home offers enhanced privacy and a secure, low-traffic environment.
- Move-In Ready Interior
The home is well-maintained with an open layout, featuring granite countertops, a cozy fireplace, and a primary suite with direct backyard access.
CONSRISKS & DEFICIENCIES
- Age-Restricted Demographic
As part of a 55+ community, the property is limited to a specific buyer demographic, which narrows the pool of potential purchasers compared to all-age neighborhoods.
- Dated Appliance Package
The kitchen is equipped with white appliances, which may be perceived as dated by modern buyers who typically prefer stainless steel or updated finishes.
About 11018 W Tonto Lane
This lovely waterfront property in the 55+ Ventana Lakes Community is move-in ready! Nestled in a desirable cul-de-sac, featuring a beautiful desert landscape, 3 beds, 2 baths, a 2-car garage, wrought-iron security door, and a paver front patio. Inside, you'll find an excellent open layout with abundant natural light, tile floors & plush carpet t/out, and a cozy fireplace. The eat-in kitchen boasts wood cabinetry w/crown molding, granite counters, white appliances, and a breakfast bar. The main suite offers direct back access and includes a private bath w/dual sinks and a walk-in closet. The backyard is complete with a pergola-covered patio, separate paver seating area, and majestic lake views and access, perfect for relaxing and year-round entertaining. Don't miss this great opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 7,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $360 / Month
Neighborhood Insights
Peoria Unified Schools
Parkridge Elementary School
Grades PK-8 • 1.3 mi
8/10
Sunrise Mountain High School
Grades 7-12 • 3.3 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,409 | 2,151.67 |
| Lot Size | 7,000 | 7,333.694 |
| Price | $430.0K | $532.5K |
| Price per sq ft | $305 | $260 |
| Built year | 1999 | 2005 |
| HOA | $360 | $174 |
| Days on market | 7 | 86 |
Pricing History
Listed for Sale
Oct 17, 2026
$430,000
Initial Listing