
Surprise, AZ 85388
This Spacious Short-Sale Property serves as a significant Value-Add Opportunity with a List Price of $555,000. The pricing reflects the property's Fair Condition Rating, as the $498,311 Fair Market Value accounts for cosmetic updates and deferred maintenance. With a massive 3,626 sq ft floor plan and an oversized 12,754 sq ft lot, the home offers substantial room for forced appreciation. Located near Sunset Hills Elementary and Shadow Ridge High School, this high-capacity asset is a prime acquisition for Fix-and-Flip Investors or Contractors looking to capitalize on a large-scale renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18508 W ACAPULCO Lane Subject | $555,000* List Price | 5 | 4 | 3,626 | $137 | - |
A 18403 W PORT AU PRINCE Lane Sold | $500,000 | 4 | 2 | 2,741 | $182 | 0.1 mi |
B 18257 W MAUNA LOA Lane Sold | $680,000 | 4 | 3 | 4,326 | $157 | 0.4 mi |
C 18457 W IVY Lane Sold | $532,900 | 4 | 3 | 3,089 | $173 | 0.2 mi |
D 16349 N 183RD Drive Sold | $485,000 | 5 | 3 | 2,847 | $170 | 0.7 mi |
E 18421 W MAUNA LOA Lane Active | $699,900 List Price | 5 | 4 | 4,015 | $174 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, this 19-year-old home is being sold as-is and requires cosmetic updates including paint and flooring. While the structure appears sound, the interior shows signs of wear such as stained tiling and worn carpets. The fact that utilities are currently off and the property is a short sale suggests a period of deferred maintenance, placing it in the fair category as it requires minor to moderate repairs and updates to be move-in ready.
Boasting over 3,600 sq ft with 5 bedrooms and 4 baths, including a convenient main-level suite and versatile loft/den spaces, this home perfectly accommodates large families or multi-generational living.
The oversized 12,754 sq ft lot provides a rare amount of outdoor space for the community, offering significant potential for a custom pool, landscaping, or a large outdoor entertainment area.
Priced below market value as a short sale, this property presents a prime opportunity for investors or homeowners to build immediate equity through cosmetic updates and personalized renovations.
The home requires comprehensive cosmetic updates including paint and flooring; additionally, with utilities currently off, buyers face increased difficulty in assessing the full scope of necessary repairs.
The sale is subject to third-party lender approval and involves a long-term solar lease maturing in 2037, which may complicate the financing process and extend the closing timeline.
Short sale opportunity in Surprise featuring one of the largest and most desirable floor plans in the community! This spacious 5-bedroom, 4-bath home offers over 3,600 sq ft, including a full bedroom and bathroom on the main level, plus a loft and den for flexible living space. Situated on an oversized 12,000+ sq ft lot, the property offers incredible potential for buyers looking to customize and add value. Home is being sold as-is and will require cosmetic updates including paint, flooring, and repairs, which is reflected in the price. Utilities are currently off. With its size, layout, and lot, this is a rare opportunity to secure a property well below market value in a desirable area. Lender approval required. Solar lease matures 6/1/2037. Buyer to verify all pertinent fact
No exterior & parking available.
Grades PK-8 • 0.9 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 88% |
| Baths | 4.0 | 3.0 | 88% |
| Square foot | 3,626 | 2,155 | 95% |
| Lot Size | 12,754 | 6,388 | 96% |
| Price | $555.0K | $360.0K | 88% |
| Price per sq ft | $153 | $181 | 38% |
| Built year | 2005 | 2005 | 50% |
| HOA | $210 | $145 | 86% |
| Days on market | 19 | 1860 | 1% |
Apr 3, 2026
$555,000
Initial Listing