
Surprise, AZ 85387
This Strong Value Opportunity is a 2024 Model Home listed at $385,000, positioned well below the $408,247 Fair Market Value by 5%. This valuation gap provides $23,247 in Instant Equity. Featuring an Excellent Condition Rating, this property includes upgraded tile, cabinetry, and quartz countertops with scenic mountain views. The mandatory leaseback to the seller offers a unique, low-maintenance arrangement. This asset is ideal for Buy-and-Hold Investors or long-term planners seeking a turnkey, income-generating property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18181 W AVENIDA DEL SOL Drive Subject | $385,000* List Price | 3 | 2 | 1,660 | $246 | - |
A 17946 W SAND HILLS Road Sold | $396,045 | 3 | 2 | 1,545 | $256 | 0.3 mi |
B 17954 W SAND HILLS Road Sold | $373,000 | 3 | 2 | 1,545 | $241 | 0.3 mi |
C 17945 W SAND HILLS Drive Sold | $375,100 | 4 | 2 | 1,737 | $216 | 0.3 mi |
D 17942 W SAND HILLS Road Sold | $369,065 | 3 | 2 | 1,252 | $295 | 0.4 mi |
E 17978 W SAND HILLS Road Sold | $372,690 | 3 | 2 | 1,252 | $298 | 0.3 mi |
F 18220 W CALLE LEJOS -- Pending | $384,990 List Price | 3 | 2 | 1,585 | $243 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2024 model home in mint condition. It features high-end upgrades including modern dark cabinetry, quartz countertops, designer tile flooring, and stainless steel appliances, requiring zero maintenance.
As a model home, the property is 'fully loaded' with high-end finishes, including upgraded tile, cabinetry, and countertops, offering a luxury feel beyond standard builds.
The leaseback arrangement ensures the seller handles all expenses and upkeep, providing a low-maintenance, income-generating opportunity for the buyer.
The property features desirable mountain views, enhancing the overall aesthetic appeal and providing a premium feel to the outdoor living space.
The mandatory leaseback to the seller makes this property unsuitable for buyers looking for immediate possession or a primary residence in the near term.
With a lot size of 5,175 square feet, the outdoor space is relatively limited, which may be a drawback for those seeking a large private yard.
MODEL HOME FOR SALE...ONLY FOR BUYER WHO IS WILLING TO LEASE THE HOME BACK TO THE SELLER. ALL EXPENSES AND UPKEEP OF THE HOME TO BE DONE BY THE SELLER. FULLY LOADED, 1660 sqft 3 BED, 2 BATH, FLEX ROOM 2 CAR GARAGE UPGRADED TILE, UPGRADED CABINETS, UPGRADED COUNTERTOPS, FULL LANDSCAPED HOME
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,660 | 1,996.5 | 22% |
| Lot Size | 5,175 | 7,200 | 14% |
| Price | $385.0K | $359.3K | 56% |
| Price per sq ft | $232 | $186 | 69% |
| Built year | 2024 | 2019 | 70% |
| HOA | $62 | $88 | 33% |
| Days on market | 10 | 1223 | 1% |
May 27, 2026
$385,000
Initial Listing