18047 W CARIBBEAN Lane, Surprise, AZ 85388, Surprise, 85388 - 5 bed, 4 bath
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Surprise, AZ 85388
This Stunning Move-In Ready Home is listed at $650,000, reflecting a stable market position relative to its $617,979 Fair Market Value. Featuring a comprehensive renovation including a remodeled kitchen, spa-inspired bathrooms, and fresh interior paint, the property boasts a Mint Condition Rating that requires zero immediate capital expenditure. Situated within walking distance of the highly-rated Sunset Hills Elementary School, this residence offers a functional, open-concept layout with desirable mountain views. It is the perfect fit for growing families or discerning owner-occupants seeking a polished, stress-free lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18047 W CARIBBEAN Lane Subject | $539,500* List Price | 5 | 4 | 2,550 | $207 | - |
A 18193 W SAGUARO Lane Sold | $435,000 | 3 | 3 | 2,726 | $160 | 0.3 mi |
B 18180 W CARMEN Drive Sold | $490,000 | 4 | 4 | 2,401 | $204 | 0.2 mi |
C 17338 W WOODROW Lane Sold | $510,000 List Price | 5 | 3 | 2,615 | 0.9 mi | |
D 15968 N 175TH Drive Sold | $445,000 | 3 | 3 | 2,873 | $155 | 0.8 mi |
E 18527 W CARIBBEAN Lane Sold | $649,900 | 6 | 4 | 3,042 | $214 | 0.6 mi |
F 18527 W CARIBBEAN Lane Pending | $670,000 List Price | 5 | 4 | 3,042 | $220 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2005, the property has undergone a comprehensive recent renovation (within <5 years) including a remodeled kitchen with modern cabinetry, renovated spa-inspired bathrooms, new carpeting, upgraded flooring, and fresh interior/exterior paint, meeting the criteria for mint condition.
The property is in move-in ready condition featuring fresh interior and exterior paint, new carpeting, and fully remodeled kitchen and bathrooms with designer finishes.
With 5 bedrooms and 3.5 bathrooms across 2,550 square feet, the home offers a highly functional open-concept floorplan ideal for large families or multi-generational living.
The home boasts desirable mountain views and is located within walking distance (0.4 miles) of a highly-rated elementary school, enhancing its long-term value.
The 6,930 square foot lot may feel restrictive for a large five-bedroom home, limiting the space available for significant backyard expansions or large private pools.
The $190 association fee, combined with a $650,000 price point, may result in higher monthly carrying costs compared to older, non-renovated inventory in the surrounding area.
3 car garage! This home aligns with current market activity while preserving the quality, design, and upgrades that make this home stand out. Welcome to Caribbean Lane -- a beautifully updated 5 bedroom, 3.5 bathroom two-story home offering modern finishes and functional living. Features include new carpeting, fresh interior and exterior paint, upgraded flooring, designer lighting, and an open-concept layout ideal for entertaining and everyday living. The remodeled kitchen showcases updated cabinetry, modern counters, sleek fixtures, and contemporary styling, while renovated bathrooms provide a polished spa-inspired feel. Generous living spaces, abundant natural light, and a versatile floorplan complete this move-in ready home.
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 82% |
| Baths | 4.0 | 3.0 | 82% |
| Square foot | 2,550 | 2,265.5 | 69% |
| Lot Size | 6,930 | 6,356.5 | 68% |
| Price | $539.5K | $341.4K | 89% |
| Price per sq ft | $212 | $156 | 69% |
| Built year | 2005 | 2006 | 50% |
| HOA | $190 | $179 | 76% |
| Days on market | 40 | 2261 | 1% |
Jun 11, 2026
$539,500
$549,900
-2% Price Drop
Initial Listing
May 27, 2026
$549,900
$559,000
-2% Price Drop
Initial Listing
May 13, 2026
$559,000
$650,000
-14% Price Drop
Initial Listing
May 7, 2026
$650,000
Initial Listing