13862 W ELM Street, Surprise, AZ 85374, Surprise, 85374 - 3 bed, 2 bath
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Surprise, AZ 85374
This HOA-Approved Short-Term Rental Residence is listed at $385,318, positioned near its $353,161 Fair Market Value. Maintaining a Fair Condition Rating with well-kept 1999 finishes, the interior offers a bright open-concept design and a functional kitchen. The property’s standout feature is its explicit HOA approval for short-term rentals, paired with a private backyard patio and proximity to West Point Elementary School. This listing represents a stable lifestyle choice with high utility, making it an ideal match for Buy-and-Hold Investors or Owner-Occupants looking for a versatile suburban asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13862 W ELM Street Subject | $385,318* List Price | 3 | 2 | 1,297 | $246 | - |
A 16081 N 135TH Drive Sold | $344,300 | 3 | 2 | 1,301 | $265 | 0.5 mi |
B 13843 W FARGO Drive Sold | $350,000 List Price | 4 | 2 | 1,543 | 0.5 mi | |
C 16081 N 135TH Drive Sold | $344,300 | 3 | 2 | 1,301 | $265 | 0.5 mi |
D 13234 W SAGUARO Lane Sold | $325,000 | 3 | 2 | 1,280 | $254 | 1.0 mi |
E 16051 N BASL Lane Active | $345,000 List Price | 3 | 2 | 1,416 | $244 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, this property is well-maintained and move-in ready but lacks significant modern renovations. The kitchen features older white appliances and original-style cabinetry, while the bathrooms and flooring (carpet/tile mix) reflect the construction era. As the home is over 25 years old with mostly original components, it meets the criteria for fair condition despite its clean appearance and staging.
The property is explicitly HOA-approved for short-term rentals, making it a rare and highly attractive opportunity for investors seeking vacation rental income in the Surprise area.
The home features a bright, open floor plan with abundant natural light and a well-appointed kitchen, providing a modern and functional flow ideal for both daily living and entertaining.
Situated in the heart of Surprise, the property offers excellent proximity to local shopping, dining, parks, and golf courses, ensuring high convenience and lifestyle appeal.
Built in 1999, the home is approaching a 25-year milestone where major systems like the roof or HVAC may require inspection or upcoming capital investment if not recently replaced.
At 1,297 square feet for a three-bedroom layout, the interior living spaces and bedrooms may feel compact compared to newer residential builds in the surrounding subdivision.
Welcome to this beautifully maintained gem in the heart of Surprise! This inviting home blends comfort, style, and functionality with an open, light-filled floor plan, a neutral color palette, plantation shutters, and thoughtful designer touches. The spacious living area flows seamlessly into a well-appointed kitchen featuring white cabinetry with crown molding, granite countertops, stainless steel appliances, and a large walk-in pantry--perfect for everyday living and entertaining. The primary suite offers a peaceful retreat with a generous walk-in closet. Step outside to your private backyard oasis, complete with an extended patio and a heated pool--ideal for relaxing or hosting under Arizona's stunning skies. A new irrigation system adds convenience and efficiency. Additional highlights include a transferable APS solar credit and HOA approval for short-term rentals, offering excellent flexibility and potential. Ideally located near shopping, dining, parks, and golf, this home truly captures the essence of easy Arizona living. Don't miss this exceptional opportunity--come see it today!
No exterior & parking available.
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 | 2.0 | 51% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,297 | 1,696 | 17% |
| Lot Size | 5,947 | 7,132.5 | 28% |
| Price | $385.3K | $280.0K | 68% |
| Price per sq ft | $297 | $161 | 92% |
| Built year | 1999 | 1999 | 50% |
| HOA | $180 | $180 | 50% |
| Days on market | 81 | 2377 | 1% |
Mar 18, 2026
$385,318
Initial Listing