16738 W LARIAT Lane, Surprise, AZ 85387, Surprise, 85387 - 4 bed, 4 bath
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Surprise, AZ 85387
This Spacious Multi-Generational Residence represents a High-Potential Investment Opportunity, listed at $479,000—positioned well above the $322,931 Fair Market Value by -48%. While the property requires a premium, its Fair Condition Rating and 3,109 sqft floor plan offer significant value-add potential through cosmetic updates. Featuring a versatile loft, dual primary suites, and a serene backyard with a covered patio, this home is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a functional, long-term living solution in Surprise.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16738 W LARIAT Lane Subject | $479,000* List Price | 4 | 4 | 3,109 | $104 | - |
A 17328 W BAJADA Road Sold | $387,500 | 5 | 3 | 3,579 | $108 | 0.9 mi |
B 16549 W ROWEL Road Sold | $382,500 | 3 | 2 | 2,181 | $175 | 0.2 mi |
C 16722 W LARIAT Lane Active | $544,871 List Price | 4 | 3 | 3,419 | $159 | 0.0 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 features original finishes that are now dated, including black appliances, oak cabinetry, and basic tile/laminate surfaces. While the home is exceptionally well-maintained and functional, it meets the 'Fair' criteria due to its age and the need for cosmetic updates in the kitchen and bathrooms to align with modern standards.
The inclusion of a second primary bedroom with its own ensuite bathroom, along with a dedicated den and loft, makes this home exceptionally well-suited for multi-generational families or long-term guests.
Boasting over 3,100 square feet with soaring ceilings and a versatile layout, the property offers a perfect balance of open-concept living and private workspaces.
The backyard is fully improved with a covered patio, pergola, garden fountain, and storage shed, providing a serene and functional outdoor retreat that requires no immediate investment.
With a 3,109 square foot home situated on a 6,600 square foot lot, the outdoor space may feel constrained for buyers prioritizing a large yard or significant privacy between neighbors.
Built in 2005 and featuring original-style matching appliances and cabinetry, the home may require cosmetic updates to meet the aesthetic expectations of modern luxury buyers.
Your dream home is finally here! This fabulous two-story home w/a 2-car garage & attractive stone accents perfectly blends comfort, style, & functionality. Appealing interior boasts an inviting living room w/soaring ceilings, desirable great room, & a dedicated den/office. Lovely kitchen displays a pantry, matching appliances, recessed lighting, ample cabinetry, & a center island w/a breakfast bar. Romantic primary retreat offers an ensuite w/a soaking tub & a walk-in closet. PLUS! Sizable loft provides the perfect space for a TV area or playroom, while the 2nd main bedroom w/its own bathroom is ideal for guests or multi-generational living. Tranquility awaits in the serene backyard complete w/a covered patio, pergola, garden fountain, & storage shed. This rare find is sure to impress!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 4.0 | 3.0 | 91% |
| Square foot | 3,109 | 2,005.5 | 92% |
| Lot Size | 6,600 | 7,200 | 35% |
| Price | $479.0K | $359.3K | 77% |
| Price per sq ft | $154 | $186 | 45% |
| Built year | 2005 | 2018 | 34% |
| HOA | $84 | $88 | 46% |
| Days on market | 17 | 1223 | 1% |
May 20, 2026
$479,000
Initial Listing