
Peoria, AZ 85383
This Modern Desert Sanctuary is a Prime Investment Opportunity listed at $575,000—positioned well below the $598,157 Fair Market Value by 3%. This valuation gap delivers $23,157 in Instant Equity. Boasting a Mint Condition Rating, the 2,990 sqft interior features a contemporary kitchen, wood-look tile, and five spacious bedrooms. The property offers unobstructed mountain views and a covered patio with no rear neighbors. Located in the premier Vistancia community near top-rated Lake Pleasant Elementary, it is ideal for Growing Families or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12728 W CARAVEO Place Subject | $550,000* List Price | 5 | 4 | 2,990 | $198 | - |
A 32096 N 132ND Drive Sold | $670,000 | 5 | 4 | 3,505 | $191 | 0.6 mi |
B 12773 W CARAVEO Place Sold | $560,000 | 4 | 4 | 2,991 | $187 | 0.1 mi |
C 32583 N 122ND Lane Sold | $559,990 | 5 | 4 | 2,780 | $201 | 0.6 mi |
D 12812 W CARAVEO Place Active | $529,000 List Price | 5 | 4 | 2,990 | $177 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this 10-year-old home is in mint condition with modern finishes including wood-look tile flooring, a contemporary kitchen with stainless steel appliances, and updated bathrooms. The property appears perfectly maintained with no visible wear, meeting the criteria for a high-end, move-in ready residence.
The property boasts unobstructed mountain views with no rear neighbors, offering a rare level of privacy and a direct connection to the Arizona desert landscape.
Built in 2016, this 2,990 sqft home features 5 bedrooms and 4 bathrooms with a bright, open-concept layout that meets the needs of modern families and frequent entertainers.
Situated in the Vistancia master-planned community, the home provides access to resort-style facilities, top-rated schools, and miles of hiking and biking trails.
The 5,715 sqft lot is relatively small for a home of nearly 3,000 sqft, which may limit backyard utility and space for those seeking a larger private yard or extensive outdoor features.
While elementary schools are conveniently located within 1.5 miles, the assigned high school is over 7 miles away, potentially increasing daily travel time for families with older students.
Stunning Private Mountain Backdrop and Fresh Paint. MOVE IN READY. Wake up to unobstructed mountain views every single day -- a covered patio and private backyard sitting directly at the base of the mountain, no neighbors behind you. Inside, bright and open living areas flow effortlessly from the kitchen to the main gathering spaces, making everyday life and entertaining easy. The kitchen offers generous counter space and storage right where you need it. 5 bedrooms and nearly 3,000 sqft give everyone room to breathe, including a primary suite designed for privacy and comfort. Located in Vistancia, where resort-style amenities, top-rated schools, and miles of trails make it one of the West Valley's most desirable places to be. LOW SOLAR COST & LOW BILLS - AND PAYMENTS ACTUALLY GET LO
No exterior & parking available.
Grades PK-8 • 0.8 mi
Grades PK-8 • 1.4 mi
Grades PK-8 • 6.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 83% |
| Baths | 4.0 | 3.0 | 72% |
| Square foot | 2,990 | 2,610 | 67% |
| Lot Size | 5,715 | 7,845 | 15% |
| Price | $550.0K | $438.5K | 60% |
| Price per sq ft | $184 | $186 | 50% |
| Built year | 2016 | 2008 | 70% |
| HOA | $373 | $170 | 77% |
| Days on market | 44 | 2393 | 0% |
May 15, 2026
$550,000
$575,000
-4% Price Drop
Initial Listing
Apr 24, 2026
$575,000
Initial Listing