16783 W CANTERBURY Drive, Surprise, AZ 85388, Surprise, 85388 - 5 bed, 3 bath
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Surprise, AZ 85388
This Pristine New Construction Residence is a Strong Value Opportunity, listed at $599,000—positioned well below the $613,287 Fair Market Value by 2%. This valuation gap offers $14,287 in Instant Equity for a property in Excellent Condition. The 2024 build features a modern gourmet kitchen, five spacious bedrooms, and a dedicated office. Located in the resort-style Paradisi Community, residents gain access to a premier pool and fitness center. This move-in-ready sanctuary is ideal for growing families or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16783 W CANTERBURY Drive Subject | $549,900* List Price | 5 | 3 | 2,896 | $190 | - |
A 16573 W CHRISTY Drive Sold | $433,990 List Price | 4 | 3 | 2,338 | 0.6 mi | |
B 11695 N 166TH Lane Sold | $425,000 List Price | 5 | 3 | 2,284 | 0.2 mi | |
C 11695 N 166TH Lane Sold | $397,900 List Price | 5 | 3 | 2,284 | 0.2 mi | |
D 16793 W CORTEZ Street Sold | $521,783 List Price | 4 | 3 | 2,132 | 0.1 mi | |
E 16430 W DESERT MIRAGE Drive Sold | $554,990 | 4 | 4 | 2,623 | $212 | 0.6 mi |
F 16460 W DESERT MIRAGE Drive Sold | $530,000 | 4 | 3 | 2,561 | $207 | 0.5 mi |
G 16730 W SIERRA Street Active | $595,000 List Price | 5 | 4 | 2,838 | $210 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2024 and is in like-new condition, meeting the highest standards for the 'excellent' category. The kitchen is highly modern with grey shaker-style cabinetry, quartz countertops, a large island, and stainless steel appliances. Throughout the home, there are contemporary light fixtures, wood-look tile flooring, and pristine carpets. All systems and structural components are new, reflecting zero physical depreciation or deferred maintenance.
Built in 2024, this 'like-new' home offers a contemporary five-bedroom floor plan plus a loft and dedicated office, providing ample space and modern finishes without the wait of a new build.
Located in the Paradisi Community, residents have access to premium amenities including a resort-style pool, fitness center, and recreation center, significantly enhancing the lifestyle value.
The home features a unique, extra-large laundry room and an open-concept kitchen-to-living area, offering flexible spaces for homeschooling, crafts, or large-scale entertaining.
The 5,400 sqft lot is relatively small for a nearly 2,900 sqft home, which may limit outdoor privacy and leave a smaller footprint for the backyard once a pool or additional structures are added.
The $161 monthly association fee, while providing excellent amenities, represents a permanent increase in monthly carrying costs that may deter budget-conscious buyers.
Resort Living Starts Here. Located in the Paradisi Community, enjoy a resort-style pool, fitness center, BBQs, rec room & kids' play spaces -- right outside your door. Inside, this like-new 5-bed home impresses with a versatile loft, dedicated office, and a smart open floorplan where the kitchen flows effortlessly into the living room. The oversized laundry room doubles as a craft room, homeschool space, or flex area. Step outside to a large landscaped backyard -- pool-ready and full of potential. With over $80,000 in builder upgrades this is a great value. The perfect family home, inside and out. Don't miss it!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 83% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,896 | 2,246.5 | 84% |
| Lot Size | 5,400 | 6,356.5 | 25% |
| Price | $549.9K | $341.4K | 89% |
| Price per sq ft | $190 | $156 | 61% |
| Built year | 2024 | 2006 | 95% |
| HOA | $161 | $172 | 49% |
| Days on market | 72 | 2226 | 1% |
May 27, 2026
$549,900
$575,000
-4% Price Drop
Initial Listing
May 10, 2026
$575,000
$580,000
-1% Price Drop
Initial Listing
May 3, 2026
$580,000
$598,000
-3% Price Drop
Initial Listing
Apr 22, 2026
$598,000
$599,000
+0% Price Increase
Initial Listing
Mar 26, 2026
$599,000
Initial Listing