12119 W ROWEL Road, Peoria, AZ 85383, Peoria, 85383 - 3 bed, 2 bath
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Peoria, AZ 85383
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $395,000—positioned above the $369,700 Fair Market Value by 6%. While priced slightly above market, the home features a Good Condition Rating and significant efficiency upgrades, including fully paid-off solar and an RO water system. Located near highly-rated schools like Lake Pleasant Elementary, this property offers a low-maintenance lifestyle with modern comforts. It is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home with immediate utility savings.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12119 W ROWEL Road Subject | $395,000* List Price | 3 | 2 | 1,501 | $246 | - |
A 26524 N 122ND Lane Sold | $395,000 | 3 | 2 | 1,517 | $260 | 0.2 mi |
B 26508 N 122ND Lane Sold | $406,000 | 3 | 2 | 1,517 | $268 | 0.2 mi |
C 12041 W COTTONTAIL Lane Sold | $397,000 | 3 | 2 | 1,498 | $265 | 0.5 mi |
D 12027 W DESERT SUN Lane Sold | $450,000 List Price | 4 | 2 | 1,695 | 0.1 mi | |
E 12026 W TETHER Trail Active | $415,000 List Price | 3 | 2 | 1,695 | $245 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2015, this 11-year-old property falls within the 10-20 year range for 'Good' condition. The home is well-maintained and move-in ready, featuring a functional kitchen with dark wood cabinetry, fresh interior and exterior paint, and significant system upgrades including fully paid-off solar, a whole-home water softener, and an air scrubber.
The property features fully paid-off solar panels that result in exceptionally low electric bills of approximately $25 per month, providing significant long-term utility savings.
The seller is offering a $5,000 credit toward buyer closing costs alongside a recent price improvement, making this a highly competitive and accessible entry point into the Peoria market.
The home is equipped with high-value modern conveniences including a Bose surround sound system, whole-home water softener, RO water system, and an air scrubber for enhanced indoor air quality.
With 102 days on the market and a history of multiple price reductions, the property may face a perception of market stagnation among potential buyers.
The 4,050 square foot lot is relatively small for a single-family residence in this area, which may limit outdoor recreational space and privacy compared to neighboring properties.
NOW OFFERING $5,000 TOWARD BUYER'S CLOSING COSTS + RECENT PRICE IMPROVEMENT! Fully paid off solar!!! Electric bills approx $25 a month. Beautifully maintained 3 bdrm, 2 bath home located in the desirable Coldwater Ranch community. This home features fresh interior and exterior paint, giving it a clean feel throughout. The home is equipped with cool upgrades including a RO water system, whole home water softener, Nest Smart thermostat, BOSE SURROUND SOUND SYSTEM and an Air scrubber to improve indoor air quality and comfort. With a functional floor plan and modern conveniences already in place, this home offers both comfort and efficiency in a great neighborhood close to parks, walking paths and community amenities.
No exterior & parking available.
Grades PK-8 • 3.3 mi
Grades 7-12 • 4.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,501 | - |
| Lot Size | 4,050 | - |
| Price | $395.0K | $553.1K |
| Price per sq ft | $263 | $267 |
| Built year | 2015 | 0 |
| HOA | $75 | $0 |
| Days on market | 108 | 2418 |
Jul 15, 2026
$395,000
$409,000
-3% Price Drop
Initial Listing
Jun 6, 2026
$409,000
$419,000
-2% Price Drop
Initial Listing
Apr 6, 2026
$419,000
Initial Listing