16812 W MARCONI Avenue, Surprise, AZ 85388, Surprise, 85388 - 4 bed, 3 bath
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Surprise, AZ 85388
This Spacious Two-Story Residence represents a High-Potential Investment Opportunity, listed at $465,000—positioned well above the $340,647 Fair Market Value by -36%. While the property requires a strategic approach, its Fair Condition Rating and 2,873 sqft floor plan offer significant upside through cosmetic modernization. Located near Top-Rated Schools like Cimarron Springs, this home features a 3-car tandem garage and a covered patio. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16812 W MARCONI Avenue Subject | $465,000* List Price | 4 | 3 | 2,873 | $119 | - |
A 15881 N 165TH Lane Sold | $412,600 | 4 | 3 | 2,232 | $185 | 0.3 mi |
B 16333 N 171ST Drive Sold | $441,000 | 5 | 3 | 2,839 | $155 | 0.5 mi |
C 17338 W WOODROW Lane Sold | $510,000 List Price | 5 | 3 | 2,615 | 1.0 mi | |
D 15881 N 165TH Lane Sold | $412,600 | 4 | 3 | 2,232 | $185 | 0.3 mi |
E 16577 W SAGUARO Lane Active | $430,000 List Price | 4 | 3 | 2,534 | $170 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, this property is 23 years old, placing it in the 'Fair' category. While the interior shows some cosmetic updates like newer wood-look flooring and fresh paint, the kitchen remains dated with original oak cabinetry and older black appliances. The home appears well-maintained and move-in ready, but the age of the primary systems and the need for kitchen/bath modernization align with the criteria for a property over 20 years old.
With over 2,800 square feet, a versatile downstairs den, and dramatic high ceilings, this home offers a spacious and functional floor plan ideal for large families or remote work.
Situated on a desirable corner lot, the property features a rare 3-car tandem garage, providing ample space for multiple vehicles, storage, or a home workshop.
The home is conveniently located near highly-regarded schools, including Cimarron Springs and Canyon Ridge, both of which carry impressive 8/10 ratings.
Built in 2003, the interior finishes and wood cabinetry may appear dated compared to newer builds, likely requiring cosmetic updates to align with modern design trends.
The backyard is currently a blank canvas, meaning buyers will need to budget for landscaping and hardscaping to transform the area into a functional outdoor retreat.
Spacious, remarkable two-story home in Surprise Farms awaits you! Sits on a corner lot, it offers 4 beds, 3 baths, & a 3-car tandem garage. The inviting interior features tons of natural light, a neutral palette, and tasteful flooring - tile/carpet/wood-look. You'll love the formal living & dining room with a dramatic high ceiling! The open-concept family room offers sliding doors to the back. The kitchen boasts built-in appliances, ample wood cabinetry, recessed lighting, a pantry, a center island, and a breakfast area. Versatile den downstairs, ideal for an office! Large main bedroom has an attached balcony! It has an ensuite with dual sinks, separate tub/shower, & a walk-in closet. Check out the sizable backyard with a covered patio, and plenty of room for your creative ideas! Just WOW!
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades PK-8 • 0.8 mi
Grades PK-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,873 | 2,232 | 79% |
| Lot Size | 7,298 | 6,388 | 73% |
| Price | $465.0K | $339.9K | 82% |
| Price per sq ft | $162 | $155 | 52% |
| Built year | 2003 | 2005 | 7% |
| HOA | $51 | $165 | 11% |
| Days on market | 14 | 2207 | 1% |
May 23, 2026
$465,000
Initial Listing