15209 N 181ST Drive, Surprise, AZ 85388, Surprise, 85388 - 4 bed, 2 bath
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Surprise, AZ 85388
This High-Potential Investment Opportunity is listed at $490,000, positioned above the $386,951 Fair Market Value. While the list price exceeds the current valuation, the property offers significant upside through its Fair Condition Rating and cosmetic renovation potential. Key features include a private pool, custom built-in BBQ, and a green belt location backing to a park. With a 4-bed, 2-bath layout and proximity to Sunset Hills Elementary (Rating 7), this asset is ideal for Value-Add Investors or Owner-Occupants seeking to build equity through strategic interior modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15209 N 181ST Drive Subject | $490,000* List Price | 4 | 2 | 2,107 | $184 | - |
A 17919 W PORT ROYALE Lane Sold | $415,000 List Price | 4 | 2 | 2,151 | 0.2 mi | |
B 17431 W MEADOW Lane Sold | $515,000 | 4 | 3 | 2,194 | $235 | 1.0 mi |
C 18237 W PORT AU PRINCE Lane Sold | $408,000 | 4 | 2 | 2,003 | $204 | 0.2 mi |
D 17915 W MAUI Lane Sold | $450,000 | 4 | 3 | 2,463 | $183 | 0.2 mi |
E 17746 W DESERT Lane Sold | $411,000 | 4 | 2 | 1,767 | $233 | 0.6 mi |
F 17524 W ACAPULCO Lane Sold | $425,000 | 4 | 3 | 2,125 | $200 | 0.7 mi |
G 15475 N 181 Avenue Active | $475,000 List Price | 4 | 2 | 2,054 | $231 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005 (21 years old), the home is functional but aesthetically dated with original tile and wallpaper borders. While the HVAC and appliances are newer, the property requires cosmetic updates and a 'personal touch' as noted in the description, placing it in the Fair category.
The backyard is a premier entertainment space featuring a private pool, custom built-in BBQ area, and a fire pit, offering significant value for the Arizona climate.
Backing directly to a green belt and walking path, the property provides enhanced privacy with no rear neighbors and immediate access to community park facilities.
The recent installation of a newer A/C unit and updated appliances provides immediate peace of mind and reduces the likelihood of major capital expenditures for the new owner.
The listing indicates the home is ready for a 'personal touch,' suggesting that interior finishes may be dated and require additional investment to modernize.
While the A/C is newer, other major components from the 2005 build, such as the roof or water heater, may be approaching the end of their typical functional lifespan.
Great 4 bed plus den home featuring a split open floor plan, large rooms, and a comfortable layout with great natural flow! Recent updates include a newer A/C unit and newer appliances, adding peace of mind for the next owner. Enjoy a spacious backyard with a private pool, custom built-in BBQ area, fire pit, and covered patio--perfect for entertaining. The home backs to the green belt walking path leading directly to a nearby park, offering added privacy and a peaceful setting. This property provides excellent potential and is ready for a buyer to add their personal touch and make it their own. A great opportunity in a desirable location with strong indoor-outdoor living!
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 28% |
| Square foot | 2,107 | 2,246.5 | 45% |
| Lot Size | 7,820 | 6,356.5 | 81% |
| Price | $490.0K | $341.4K | 84% |
| Price per sq ft | $233 | $156 | 82% |
| Built year | 2005 | 2006 | 50% |
| HOA | $210 | $179 | 82% |
| Days on market | 12 | 2259 | 1% |
Jun 2, 2026
$490,000
Initial Listing