
Peoria, AZ 85383
This Spacious Modern Residence is a Strong Value Opportunity, listed at $525,000—positioned well below the $564,024 Fair Market Value by 6%. This valuation gap offers $39,024 in Instant Equity for buyers. Boasting an Excellent Condition Rating, the home features a Fully Owned Solar System and a functional multigenerational layout with a primary and guest suite on the main floor. Located near Liberty High School and the TSMC corridor, it balances lifestyle luxury with significant utility savings. This is a perfect match for Growing Families or Value-Conscious Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12121 W DESERT MOON Way Subject | $525,000* List Price | 5 | 3 | 2,746 | $205 | - |
A 12227 W PRICKLY PEAR Trail Sold | $510,000 | 5 | 3 | 2,719 | $188 | 0.1 mi |
B 12120 W LEATHER Lane W Active | $479,900 List Price | 4 | 3 | 2,542 | $189 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this property falls within the 10-year window for an excellent rating and shows no signs of deferred maintenance. The home features modern upgrades including white shaker-style cabinetry, granite countertops, and stainless steel appliances in the kitchen. The flooring has been updated to luxury vinyl plank and tile throughout with no carpet, and the inclusion of a fully owned solar system and professional desert landscaping further reflects its high-quality, move-in-ready condition.
The seller is paying off the $37,000 solar loan at closing, providing the buyer with a fully owned system and significant energy savings, evidenced by average utility bills of just $21 per month.
The floor plan is exceptionally versatile, featuring both the primary suite and a secondary guest suite with a full bath on the main floor, ideal for extended family or guests.
Situated in the high-demand 85383 zip code near the TSMC employment corridor, the home offers mountain views and proximity to top-rated schools and community amenities.
With a lot size of 4,950 square feet for a 2,746 square foot home, the outdoor space is relatively compact, which may not appeal to buyers prioritizing a large backyard.
The property is agent-owned, which requires specific legal disclosures and can sometimes impact buyer negotiations or perceptions of the transaction.
Fully owned solar at closing. Seller will pay off the $37,000 solar loan delivering substantial monthly and long term savings with average APS bills of ~$19/month over the last 13 months. Previous buyers could no longer relocate so this gem is back on market. Located in the desirable North Peoria Arizona 85383 zip code, this spacious 5 bed, 3 full bath home offers one of the best values for its size in the entire zip code. Buyers will appreciate the functional layout featuring a primary bedroom, laundry room, and guest suite with full bath on the main floor--ideal for multigenerational living or guests. The open floor plan connects the kitchen, dining, and main living areas for easy everyday living and entertaining. Enjoy low maintenance with all tile downstairs and luxury vinyl plank flooring upstairs for durability and a clean modern feel. Step outside to a beautifully landscaped backyard with a spacious paver patio, turf and retractable sunshade, creating a comfortable outdoor space perfect for relaxing or hosting friends and family. Located in the Coldwater Ranch community, residents enjoy walking trails, sand volleyball, basketball courts, a baseball field, disc golf, and a brand-new playground. The home is also just minutes from Liberty High School, BASIS Peoria, shopping, dining, hiking trails, and the growing employment corridor near the Taiwan Semiconductor Plant (TSMC) and soon to be Amkor. For buyers comparing resale to new construction in North Peoria, this home offers the space, flexibility, and move-in ready value that can be hard to find. Agent owned.
No exterior & parking available.
Grades PK-8 • 3.6 mi
Grades 7-12 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 82% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,746 | 2,519 | 61% |
| Lot Size | 4,950 | 7,500 | 6% |
| Price | $525.0K | $509.9K | 53% |
| Price per sq ft | $191 | $214 | 45% |
| Built year | 2016 | 2011 | 65% |
| HOA | $75 | $165 | 15% |
| Days on market | 40 | 2134 | 0% |
Mar 13, 2026
$525,000
Initial Listing