16126 W LANE Avenue, Litchfield Park, AZ 85340, Litchfield Park, 85340 - 3 bed, 2 bath
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Litchfield Park, AZ 85340
This Single Family Residence represents a Strong Value Opportunity, listed at $825,000—positioned well above the $772,998 Fair Market Value by 6%. While the property carries a Fair Condition Rating due to original 2005 finishes, it offers significant upside through its massive 47,890 sqft lot and scenic mountain views. Zoned for the highly-rated Scott L Libby Elementary School (9/10), this home provides a solid foundation for long-term appreciation. It is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a spacious, customizable property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16126 W LANE Avenue Subject | $825,000* List Price | 3 | 2 | 2,444 | $316 | - |
A 7117 N SARIVAL Avenue Active | $849,000 List Price | 4 | 4 | 2,975 | $285 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 2005, making it 21 years old. While it appears very well-maintained and move-in ready, the kitchen and interior finishes (oak cabinetry, tile, and Southwest styling) are original to the build date and are now considered dated. Per the criteria, homes over 20 years old with original features are rated as fair.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47890, living area = 2444.
Elementary School: Scott L Libby Elementary School (9/10).
Situated on a massive 47,890 sqft lot, this property offers exceptional privacy and ample space for custom outdoor amenities, workshops, or equestrian use in a desirable subdivision.
With only 3 bedrooms for a list price of $825,000, the home may face competition from larger properties that offer more flexible living arrangements for families at this price point.
The designated public schools are located between 6 and 7 miles away, which may be a drawback for buyers seeking a more localized or neighborhood-centric school commute.
Exceptional opportunity in Litchfield Park. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades PK-6 • 6.0 mi
Grades 5-8 • 7.0 mi
Grades 9-12 • 6.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 23% |
| Baths | 2.0 | 3.0 | 21% |
| Square foot | 2,444 | 2,907 | 30% |
| Lot Size | 47,890 | 10,650 | 96% |
| Price | $825.0K | $133.0K | 93% |
| Price per sq ft | $338 | $72 | 96% |
| Built year | 2005 | 2004 | 54% |
| HOA | $35 | $94 | 18% |
| Days on market | 38 | 2264 | 1% |
May 7, 2026
$825,000
Initial Listing