
El Mirage, AZ 85335
This property presents a High-Potential Investment Opportunity with a List Price of $264,500—positioned well below the $258,409 Fair Market Value by -2%. Featuring a 4/10 Condition Rating, the home includes a 588 sqft permitted addition and a large workshop, offering significant value-add potential through cosmetic modernization. With no HOA fees and ample space for vehicle storage, this asset provides functional flexibility. While local school ratings are modest, the property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project with immediate upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11930 W RIVER Road Subject | $263,500* List Price | 3 | 2 | 1,576 | $164 | - |
A 11838 W PARADISE Drive Sold | $246,000 | 3 | 2 | 1,238 | $199 | 0.9 mi |
B 11758 W MAUNA LOA Lane Sold | $215,000 List Price | 3 | 2 | 1,642 | 0.9 mi | |
C 14820 N EL FRIO Street Sold | $240,000 List Price | 4 | 2 | 1,642 | 0.9 mi | |
D 12530 W Surrey Avenue Active Under Contract | $325,000 List Price | 3 | 2 | 1,615 | $201 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is over 50 years old (built 1969) but avoids a 'tear-down' or 'poor' rating due to a permitted 588 sqft addition and partial bathroom renovations featuring modern wood-look tile. However, the presence of popcorn ceilings, a cluttered exterior, and the listing's 'great potential' description indicate the home is dated and requires minor repairs and cosmetic updates to be fully modernized.
The property features a large front yard, carport, and side entry to the backyard, providing significant space for parking multiple vehicles, RVs, or recreational toys.
With a 588 sqft permitted addition, the home offers a total of 1,576 sqft including a great room and a dedicated workshop, providing more functional square footage than many comparable homes in the area.
The absence of a homeowners association allows for greater freedom in property customization and lower monthly carrying costs for the owner.
Built in 1969 and marketed as having 'great potential,' the property likely requires significant cosmetic updates and potential system repairs to meet modern standards.
The assigned elementary and middle schools carry lower performance ratings (3/10), which may impact the property's appeal to families prioritizing education.
Great Potential with this gem! Permitted addition of 588 sqft. Wood burning fireplace, Large backyard with fruit trees, great room and additional workshop room and inside laundry. Huge front yard and plenty of room to park your toys and vehicles in the carport and side entry to the backyard. Close to shopping and Grand Ave for easy access to any part of town.
No exterior & parking available.
Grades PK-8 • 0.5 mi
Grades PK-8 • 0.7 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,576 | 1,628.5 | 48% |
| Lot Size | 6,000 | 5,366.5 | 65% |
| Price | $263.5K | $324.5K | 35% |
| Price per sq ft | $167 | $196 | 33% |
| Built year | 1969 | 2001 | 2% |
| HOA | $0 | $73 | 25% |
| Days on market | 15 | 2656 | 2% |
Jun 4, 2026
$263,500
$264,000
+0% Price Increase
Initial Listing
May 31, 2026
$264,000
$264,500
+0% Price Increase
Initial Listing
May 22, 2026
$264,500
Initial Listing