15820 N 164TH Lane, Surprise, AZ 85388, Surprise, 85388 - 4 bed, 2 bath
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Surprise, AZ 85388
This Turnkey Pool Residence is a Prime Investment Opportunity, listed at $410,000—positioned well below the $419,640 Fair Market Value by 2%. This valuation gap secures $9,640 in Instant Equity for the buyer. Boasting a Condition Rating of 3, the home features a sparkling pool, all-tile flooring, and a rare garage workroom. Proximity to the 8/10 rated Cimarron Springs Elementary ensures long-term desirability and strong market stability. This move-in-ready asset is an ideal acquisition for Owner-Occupants or growing families seeking a desert oasis.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15820 N 164TH Lane Subject | $410,000* List Price | 4 | 2 | 1,775 | $236 | - |
A 16373 W PARADISE Lane Sold | $450,000 | 4 | 2 | 1,993 | $226 | 0.2 mi |
B 16844 W STATLER Street Sold | $382,000 | 4 | 2 | 1,603 | $238 | 0.5 mi |
C 16415 N 165TH Drive Sold | $384,900 List Price | 4 | 2 | 1,482 | 0.4 mi | |
D 15881 N 165TH Lane Sold | $412,600 | 4 | 3 | 2,232 | $185 | 0.1 mi |
E 16549 W Desert Lane Sold | $370,000 List Price | 3 | 2 | 1,605 | 0.2 mi | |
F 16434 W MONTE CRISTO Avenue Sold | $363,000 | 3 | 2 | 1,600 | $227 | 0.2 mi |
G 15516 N 169TH Avenue Active | $495,000 List Price | 4 | 2 | 1,920 | $258 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring a refreshed kitchen with white cabinetry, updated hardware, and unique faux-stone countertops. Built in 2003, the home avoids the 'fair' category through consistent all-tile flooring and significant outdoor upgrades, including a sparkling pool, artificial turf, and a pergola. While some architectural elements reflect its original build date, the lack of deferred maintenance and the functional, updated living spaces align with a 'good' condition rating.
The backyard is a complete desert oasis featuring a sparkling pool, a pergola, a gas fire pit, and low-maintenance artificial turf, perfect for year-round outdoor entertaining.
The home offers a desirable 4-bedroom split floor plan with all-tile flooring and a large kitchen island that overlooks the great room, maximizing both flow and durability.
A rare and spacious workroom located off the garage provides significant added value for buyers needing a dedicated workshop, hobby space, or climate-controlled storage.
While well-maintained, the faux-stone countertops and 2003-era styling may require additional capital investment for buyers seeking modern high-end finishes like quartz or natural stone.
The property is currently in 'Active Under Contract' status, which may present a challenge for new buyers looking for a straightforward acquisition without competing against an existing offer.
You'll love this open-concept 4-BR, all-tile home with charming details throughout. The bright white kitchen features faux-stone countertops with rough-hewn edges that complement the earth-tone tile flooring. A large island and breakfast bar overlook the pool and spacious great room, while the dining area is highlighted by a striking wood accent wall. From the kitchen and great room, enjoy views of the fully fenced backyard with a sparkling pool, pergola, and always-green artificial turf. The spacious primary suite is privately separated and includes a large walk-in closet with ample shelving. The primary bath offers dual sinks and a private toilet room. All bedrooms have ceiling fans, and the backyard features a gas fire pit. Check out the large workroom off the garage!
No exterior & parking available.
Grades PK-8 • 0.7 mi
Grades PK-8 • 1.8 mi
Grades 9-12 • 1.8 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 | 37% |
| Square foot | 1,775 | 2,151 | 33% |
| Lot Size | 6,930 | 6,388 | 67% |
| Price | $410.0K | $360.0K | 65% |
| Price per sq ft | $231 | $182 | 75% |
| Built year | 2003 | 2005 | 16% |
| HOA | $70 | $133 | 26% |
| Days on market | 44 | 1860 | 1% |
Mar 9, 2026
$410,000
Initial Listing