
Surprise, AZ 85387
This Rare Basement Home is a Strong Value Opportunity, listed at $825,000—positioned above the $783,636 Fair Market Value by 5%. While priced slightly above market, the property offers a unique 3,000 sqft layout with a finished basement and premium equestrian facilities on a massive 2-acre lot. Featuring a Condition Rating of 3, the home includes recent cosmetic updates like wood-look tile and new fixtures. This rural sanctuary is an ideal acquisition for Equestrian Enthusiasts or Owner-Occupants seeking privacy and mountain views.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15679 W DUANE Lane Subject | $825,000* List Price | 3 | 4 | 3,000 | $261 | - |
A 15670 W SKINNER Road Sold | $620,500 | 3 | 2 | 1,837 | $338 | 0.2 mi |
B 15855 W MORNING VISTA Lane Active | $799,000 List Price | 3 | 2 | 2,523 | $317 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1990 but features significant recent cosmetic updates including wood-look tile flooring, new basement carpet, new faucets, and recessed lighting. The property is well-maintained, functional, and move-in ready, meeting the criteria for a home with a 5-15 year renovation profile despite its chronological age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 90430, living area = 3000.
This property features a rare finished basement for the Arizona market, providing significant additional living space, a cozy fireplace, and a cooler retreat during summer months.
Situated on a massive 2-acre lot, the home is fully equipped for horse enthusiasts with a fenced arena, covered stalls, water access, and a convenient attached tack room/workshop.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3000, other record living area = 2111.
Despite the generous 3,000 square footage, the home only offers three bedrooms, which may limit its appeal for larger families or those requiring multiple dedicated home offices.
Originally built in 1990, the home and its extensive outdoor infrastructure may require more frequent maintenance and further modernization compared to newer builds in the area.
Here's your chance to own a RARE Basement Home on 2 acres w/a beautiful horse set-up & amazing sunset views! This unique 3 Bed/3.5 Bath home FOR SALE in North Surprise has so much to offer! The massive Primary Suite includes a Sitting Room. The finished basement offers additional living space w/cozy brick fireplace-bedroom-full bathroom & large storage room. The Country Kitchen w/massive wood stained island offers lots of natural light & the enclosed Arizona RM offers additional space for a Garden or Pet room! Horse lovers will appreciate the fully fenced arena equipped w/covered stalls & plenty of access to water. Tack Room/Workshop is conveniently attached to the home & can serve a multitude of uses. Relax & Enjoy mornings & starry nights under the covered patios! More here Be sure to ask for this properties Feature Sheet to see a list of upgrades! This amazing home has so much to offer! From new carpet in the basement, wood-look tiled floors, new faucets, can lights and so much more! Enjoy the ease and convenience of being on a Community Well and knowing that the HOA will maintain the roads! This is Rural Country Living at its finest surrounded by custom homes and near State land! Welcome HOME!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,000 | - |
| Lot Size | 90,430 | - |
| Price | $825.0K | $421.2K |
| Price per sq ft | $275 | $228 |
| Built year | 1990 | 0 |
| HOA | $120 | $0 |
| Days on market | 4 | 2433 |
Jul 18, 2026
$825,000
Initial Listing