15792 W DESERT MIRAGE Drive, Surprise, AZ 85379, Surprise, 85379 - 5 bed, 3 bath
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Surprise, AZ 85379
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $600,000—positioned well below the $587,712 Fair Market Value by -2%. Featuring a 2.25% assumable VA loan, this property offers a unique financial advantage for qualified buyers. With a Condition Rating of 4, the home provides a solid foundation for cosmetic updates to drive future appreciation. Boasting a private pool, RV gate, and 5 bedrooms, it is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15792 W DESERT MIRAGE Drive Subject | $600,000* List Price | 5 | 3 | 3,924 | $150 | - |
A 15751 W DESERT MIRAGE Drive Sold | $629,900 List Price | 5 | 4 | 3,905 | 0.1 mi | |
B 11330 N 154TH Lane Sold | $485,000 | 4 | 3 | 2,536 | $191 | 0.4 mi |
C 15826 W MERCER Lane Active | $599,679 List Price | 4 | 3 | 3,905 | $154 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property is 21 years old and appears to retain most of its original finishes. While the home is well-maintained and functional, the kitchen and bathrooms are dated with mid-2000s cabinetry and laminate-style countertops, fitting the criteria for a property over 20 years old needing cosmetic updates.
The availability of a 2.25% assumable VA loan provides a rare and significant opportunity for eligible buyers to secure a monthly payment far below current market rates.
With nearly 4,000 sqft, five bedrooms including two on the main level, and a large loft, this floor plan offers exceptional versatility for large or multi-generational families.
The oversized lot is fully equipped for Arizona living with a private pool, removable safety fence, RV gate, and a primary suite balcony for elevated views.
The $275 association fee is on the higher end for the area, which may impact the overall monthly carrying costs and debt-to-income ratios for some buyers.
The assigned public schools currently hold moderate ratings (6/10), which may be a consideration for families prioritizing top-tier educational performance.
2.25% ASSUMABLE VA LOAN AVAILABLE! Spacious home on an oversized lot with a 3 car garage, RV gate, private pool with removable safety fence, and a flexible floor plan featuring 2 bedrooms and a full bathroom downstairs. The primary suite includes 2 walk in closets, dual sinks, separate tub and shower, and a covered balcony. The kitchen features a gas stove, center island, and ample cabinet space. Additional highlights include soaring ceilings, a fireplace, upgraded lighting and fixtures, and a huge loft. Outside, enjoy a covered patio, grass area, pavers, and a sparkling pool. Conveniently located near Loop 303, Costco, Prasada, shopping, dining, and entertainment.
No exterior & parking available.
Grades PK-8 • 0.2 mi
Grades 9-12 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 84% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 3,924 | 2,062.5 | 96% |
| Lot Size | 9,187 | 6,606.5 | 88% |
| Price | $600.0K | $337.5K | 94% |
| Price per sq ft | $153 | $172 | 45% |
| Built year | 2005 | 2004 | 64% |
| HOA | $275 | $76 | 99% |
| Days on market | 10 | 2752 | 1% |
May 28, 2026
$600,000
Initial Listing