
Surprise, AZ 85388
This 5-bedroom residence in Surprise Farms represents a Strong Value Opportunity, listed at $450,000—positioned well below the $409,265 Fair Market Value by -9%. While the property is in Fair Condition Rating and requires cosmetic updates, it features a 2022 HVAC replacement and a versatile floor plan. With proximity to top-rated schools like Canyon Ridge, this home offers significant upside for Buy-and-Hold Investors or Owner-Occupants looking to build equity through strategic renovations and backyard landscaping.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18182 W DESERT Lane Subject | $450,000* List Price | 5 | 3 | 2,703 | $151 | - |
A 18047 W CARIBBEAN Lane Sold | $360,000 | 5 | 4 | 2,874 | $125 | 0.3 mi |
B 18047 W CARIBBEAN Lane Sold | $360,000 | 5 | 4 | 2,874 | $125 | 0.3 mi |
C 18193 W SAGUARO Lane Sold | $435,000 | 3 | 3 | 2,726 | $160 | 0.0 mi |
D 16124 N 180TH Lane Sold | $410,000 | 4 | 3 | 2,958 | $139 | 0.3 mi |
E 15968 N 175TH Drive Sold | $445,000 | 3 | 3 | 2,873 | $155 | 0.9 mi |
F 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 move-in ready.
Built in 2008, the property is within the 10-20 year age range. It features a major system upgrade with a new HVAC (2022) and recent exterior paint. While the kitchen and bathrooms are original builder-grade and the backyard is unfinished, the home is functional, well-maintained, and move-in ready.
With 2,703 square feet, five bedrooms, and a dedicated downstairs bedroom with a full bath, this floor plan is ideal for multi-generational living or large families needing flexible space.
The property features significant recent capital improvements, including a full HVAC replacement in 2022 and a freshly painted exterior, reducing immediate maintenance concerns for the buyer.
Situated in the desirable Surprise Farms community, the home offers scenic mountain views and exceptional proximity to schools, with Western Peaks Elementary located less than a quarter-mile away.
The home is being sold in as-is condition and requires cosmetic 'TLC' and updates, which may necessitate additional immediate investment and could impact certain financing types.
The backyard is currently a blank canvas requiring full landscaping and design, representing a significant out-of-pocket expense for the buyer to make the outdoor space functional.
INCREDIBLE VALUE in the highly sought after Surprise Farms community! This massive 5 bedroom, 3 bath home offers the space, layout, and potential buyers have been waiting for. Featuring a downstairs bedroom and full bath, expansive living areas, formal dining space, oversized loft, and a functional open concept kitchen with island, walk in pantry, breakfast nook, and plenty of storage. Upstairs, the spacious primary suite includes a private balcony, large walk in closet, and ensuite bath with dual sinks, soaking tub, and separate shower. HVAC replaced in 2022 and exterior recently painted. The backyard is ready for your vision and personal touch. Sold AS IS and priced aggressively to reflect the opportunity. With a little love, this home has serious upside potential.
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 | 83% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,703 | 2,246.5 | 73% |
| Lot Size | 6,442 | 6,408.5 | 52% |
| Price | $450.0K | $341.4K | 79% |
| Price per sq ft | $166 | $156 | 54% |
| Built year | 2008 | 2006 | 67% |
| HOA | $237 | $179 | 83% |
| Days on market | 23 | 2226 | 1% |
May 15, 2026
$450,000
Initial Listing