18182 W DESERT Lane, Surprise, AZ 85388, Surprise, 85388 - 5 bed, 3 bath
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Surprise, AZ 85388
This Large-Scale Family Residence is listed at $470,000, representing a stable investment in the Surprise Farms community. Positioned near its $440,950 Fair Market Value, the property offers the lowest price per square foot for a five-bedroom asset in the immediate area. Boasting a Fair Condition Rating, the home features a 2022 HVAC system and fresh exterior paint, providing essential mechanical updates. With proximity to Western Peaks Elementary and high-performing schools like Canyon Ridge, this floor plan serves as an ideal acquisition for Owner-Occupants or Value-Add Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18182 W DESERT Lane Subject | $470,000* List Price | 5 | 3 | 2,900 | $152 | - |
A 16124 N 180TH Lane Sold | $410,000 | 4 | 3 | 2,958 | $139 | 0.3 mi |
B 18047 W CARIBBEAN Lane Sold | $360,000 | 5 | 4 | 2,874 | $125 | 0.3 mi |
C 18047 W CARIBBEAN Lane Sold | $360,000 | 5 | 4 | 2,874 | $125 | 0.3 mi |
D 16475 N 183RD Drive Sold | $380,000 | 4 | 4 | 2,645 | $144 | 0.5 mi |
E 15968 N 175TH Drive Sold | $445,000 | 3 | 3 | 2,873 | $155 | 0.9 mi |
F 15747 N 182ND Lane Sold | $610,000 | 5 | 4 | 3,297 | $185 | 0.1 mi |
G 15478 N 181ST Avenue Active | $530,000 List Price | 5 | 3 | 2,925 | $181 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 2008, falls into the fair category because while it features a newer HVAC system (2022) and fresh exterior paint, the interior requires minor updates. Specifically, the carpeting in several rooms shows significant wear and staining, and the kitchen and bathrooms feature original builder-grade finishes that are now nearly 20 years old. Additionally, the backyard is a 'blank slate' requiring full landscaping investment.
Positioned as the lowest price per square foot for a five-bedroom residence in the area, this property offers significant value and equity potential for a home of this scale.
The home features a newer HVAC system replaced in 2022 and a freshly painted exterior, providing peace of mind regarding major maintenance items and energy efficiency.
The 2,900 sq. ft. layout includes a rare downstairs bedroom, cathedral ceilings, and a large loft with dual built-in desks, perfectly catering to multi-generational living or remote work needs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2900, other record living area = 2703.
The backyard is currently a 'blank slate,' requiring the buyer to invest additional time and capital to design and install functional outdoor living space.
The property is subject to a $237 association fee, which adds to the monthly or quarterly carrying costs compared to homes in non-HOA communities.
Amazing opportunity to own a huge home in the highly desirable neighborhood of Surprise Farms! One of the few that offers 5 bedrooms, including one downstairs, 3 full bathrooms plus a large loft. Newer HVAC replaced in 2022! Grand entrance offers cathedral ceilings with a large formal living & dining room. Island kitchen features a walk-in pantry with extra storage, breakfast room and opens to the family room for seamless entertaining. Appealing staircase leads up to a huge loft with dual desks for great study space or a work-from-home option. Primary bedroom offers a private balcony, large walk-in closet & ensuite bathroom with dual vanities, separate tub & shower. Backyard is a blank slate ready for your imagination. Exterior freshly painted. Lowest price per sf for a 5 bed in the area!
No exterior & parking available.
Grades PK-8 • 0.2 mi
Grades PK-8 • 1.1 mi
Grades PK-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 88% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,900 | 2,155 | 88% |
| Lot Size | 6,442 | 6,388 | 52% |
| Price | $470.0K | $360.0K | 80% |
| Price per sq ft | $162 | $181 | 43% |
| Built year | 2008 | 2005 | 68% |
| HOA | $237 | $145 | 86% |
| Days on market | 100 | 1860 | 1% |
Jan 12, 2026
$470,000
Initial Listing