18150 W ELM Street, Surprise, AZ 85388, Surprise, 85388 - 4 bed, 3 bath
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Surprise, AZ 85388
This Turnkey Move-In Ready Home is a High-Potential Investment Opportunity, listed at $460,000—positioned well above the $401,130 Fair Market Value by 14%. While the list price exceeds the current valuation, the property offers a Condition Rating of 3, featuring modern wood-look tile and a fully furnished interior. Located near Top-Rated Schools like Canyon Ridge, this residence provides a versatile 4-bedroom layout with a private patio. It serves as an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, low-maintenance lifestyle in Surprise.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18150 W ELM Street Subject | $460,000* List Price | 4 | 3 | 2,543 | $158 | - |
A 16124 N 180TH Lane Sold | $410,000 | 4 | 3 | 2,958 | $139 | 0.5 mi |
B 16475 N 183RD Drive Sold | $380,000 | 4 | 4 | 2,645 | $144 | 0.3 mi |
C 16887 N 183RD Drive Active | $445,000 List Price | 5 | 4 | 2,645 | $168 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 20-year-old property is well-maintained and move-in ready. The interior features updated wood-look tile flooring and modern light fixtures/ceiling fans, suggesting a renovation within the 5-15 year window. The addition of solar panels and the overall clean condition of the living spaces and bedrooms meet the criteria for a functional, well-kept residence.
The property is offered fully furnished and move-in ready, providing an exceptional opportunity for vacation home buyers or investors looking for immediate occupancy without the hassle of furnishing.
With 2,543 square feet featuring 4 bedrooms, a loft, and a downstairs den, the floor plan offers significant flexibility for multi-generational living or a dedicated home office setup.
The home is conveniently located near top-tier educational institutions like Canyon Ridge and Cimarron Springs Elementary, both boasting a high rating of 8, which supports long-term property value.
The requirement for the buyer to assume a solar lease can be a financial deterrent, as it involves ongoing monthly obligations and specific credit qualifications that may complicate the financing process.
A lot size of 5,175 square feet is relatively compact for a home of this square footage, potentially limiting outdoor space for buyers seeking a larger yard or significant privacy.
Beautiful fully furnished 2-story home in the heart of Surprise, ideal as a primary residence, vacation home, or investment opportunity. This spacious home features 4 bedrooms, 3 bathrooms, an upstairs loft, and downstairs den. The private backyard with grass is perfect for entertaining or enjoying Arizona evenings. This home includes leased solar panels. Buyer to assume solar lease. Conveniently located near shopping, dining, parks, and freeway access. Furnishings available to convey with sale, making this a truly move-in-ready opportunity.
No exterior & parking available.
Grades PK-8 • 0.6 mi
Grades PK-8 • 1.1 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 | 2,543 | 2,246.5 | 68% |
| Lot Size | 5,175 | 6,356.5 | 19% |
| Price | $460.0K | $341.4K | 82% |
| Price per sq ft | $181 | $156 | 56% |
| Built year | 2006 | 2006 | 50% |
| HOA | $285 | $179 | 83% |
| Days on market | 17 | 2228 | 1% |
May 22, 2026
$460,000
Initial Listing