12700 W DESERT MIRAGE Drive, Peoria, AZ 85383, Peoria, 85383 - 4 bed, 3 bath
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Peoria, AZ 85383
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $525,000—positioned well below the $543,113 Fair Market Value by 3%. This valuation gap offers $18,113 in Instant Equity. Featuring Paid Solar, new AC units, and an Excellent Condition Rating, this home offers significant long-term utility savings. Located in the premier Vistancia community near top-rated schools, it provides a perfect blend of efficiency and lifestyle. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12700 W DESERT MIRAGE Drive Subject | $525,000* List Price | 4 | 3 | 2,398 | $226 | - |
A 29301 N 125th Drive Sold | $551,000 | 4 | 2 | 2,285 | $241 | 0.6 mi |
B 29301 N 125TH Drive Sold | $551,000 | 4 | 2 | 2,285 | $241 | 0.6 mi |
C 29751 N 119th Lane Sold | $450,000 | 4 | 3 | 2,204 | $204 | 1.0 mi |
D 13059 W STEED Ridge Sold | $677,000 | 2 | 3 | 2,439 | $278 | 0.9 mi |
E 29740 N 121ST Avenue Sold | $554,000 | 4 | 3 | 2,751 | $201 | 0.8 mi |
F 12948 W Dale Lane Sold | $463,000 List Price | 3 | 2 | 2,193 | 1.0 mi | |
G 12855 W MILTON Drive Active | $549,000 List Price | 4 | 3 | 2,375 | $231 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this property is well-maintained and move-in ready. It features significant recent capital improvements including two brand-new AC units, a newer roof, and a newer water heater. While the cabinetry and bathroom fixtures appear to be the original 2005 style, the addition of new LVT flooring, fresh paint, and paid solar elevates the condition above 'Fair' for its age.
The home features paid solar through 2033, two brand-new AC units, and extra-thick insulation, offering buyers significant long-term utility savings and climate comfort.
With a newer roof, water heater, fresh interior/exterior paint, and new LVT wood flooring, the property is in move-in-ready condition with major systems already addressed.
Ideally situated within walking distance to top-rated elementary schools and close to Vistancia’s award-winning amenities, including pools, parks, and pickleball courts.
The property has experienced multiple price fluctuations and 52 days on market, which may suggest initial overpricing or cause buyer hesitation regarding market value.
The $357 association fee represents a significant recurring monthly expense that may impact buyer affordability compared to nearby communities with lower fees.
Beautifully updated 4+ bedroom, 3 full bath home in the highly sought-after Vistancia community! Designed for comfort and efficiency, this home features PAID SOLAR THROUGH 2033, 2 brand-new AC units, extra-thick insulation keeping energy bills impressively low! Plus newer roof, water heater, LVT wood flooring, and fresh interior/exterior paint--Spacious loft is perfect for a game room, office, or possible 5th bedroom. Expansive backyard with mature trees and grass offers room to relax or entertain. Ideally located within walking distance to the elementary school and close to Vistancia's award-winning pools, parks, trails, pickleball, and more!
No exterior & parking available.
Grades PK-8 • 0.2 mi
Grades PK-8 • 1.0 mi
Grades PK-8 • 5.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,398 | 2,607 | 40% |
| Lot Size | 7,446 | 7,845 | 45% |
| Price | $525.0K | $438.5K | 58% |
| Price per sq ft | $219 | $187 | 57% |
| Built year | 2005 | 2008 | 39% |
| HOA | $357 | $170 | 77% |
| Days on market | 61 | 2394 | 0% |
May 29, 2026
$525,000
$540,000
-3% Price Drop
Initial Listing
May 1, 2026
$540,000
$519,000
+4% Price Increase
Initial Listing
Apr 7, 2026
$519,000
Initial Listing