
Rio Verde, AZ 85263
This Fully Remodeled Townhouse is a Strong Value Opportunity, listed at $550,000—positioned well below the $571,764 Fair Market Value by 3%. This valuation gap provides $21,764 in Instant Equity. Boasting a Condition Rating of 2, the home features a comprehensive 2023 renovation with quartz countertops, new wood flooring, and mountain views. The rare 2-car plus golf cart garage and "no steps" floorplan offer long-term accessibility in a prime corner lot setting. This turnkey residence is an ideal acquisition for Seasonal Residents or Downsizers seeking a maintenance-free lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18743 E BRAVO Lane Subject | $550,000* List Price | 3 | 2 | 1,763 | $324 | - |
A 25828 N PRIMO Circle Sold | $529,000 | 3 | 2 | 1,469 | $360 | 0.2 mi |
B 27504 N MONTANA Drive Sold | $575,000 | 2 | 2 | 1,741 | $330 | 0.8 mi |
C 25609 N FOREST Road 7 Sold | $385,000 | 2 | 2 | 1,359 | $283 | 0.4 mi |
D 26236 N BRAVO Lane Active | $395,000 List Price | 3 | 2 | 1,359 | $291 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1975, the property underwent a comprehensive full remodel in 2023. It features brand-new stainless steel appliances, quartz countertops, new wood flooring, and updated custom windows. The interior and exterior components, including the wood ceiling accents and desert landscaping, are in like-new condition, meeting the criteria for a recently renovated property with no deferred maintenance.
The property underwent a full renovation in 2023, featuring modern wood flooring, quartz countertops, stainless steel appliances, and custom windows, offering a completely turnkey living experience.
This single-level home features a 'no steps' floorplan and includes a rare 2-car plus golf cart garage, making it highly desirable for those seeking long-term accessibility and ample storage for recreational vehicles.
Situated on a unique corner lot, the residence boasts beautiful mountain views and enhanced privacy with patios enclosed by block walls, maximizing the scenic Rio Verde setting.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4012, other record lot size in square feet = 176.
The association fee of $5,239 is substantial and may represent a significant carrying cost that could impact the overall affordability and appeal for budget-conscious buyers.
The property is located a considerable distance from educational facilities, with the nearest elementary school over 7 miles away and the high school over 16 miles away, which may be a drawback for families.
Mountain views in this unique corner lot with patios enclosed by block wall. Fully remodeled in 2023. This Open floorplan has new wood floors, wood ceiling accents and room to expand master bedroom. New carpet and walk in closets for both bedrooms. Kitchen has new stainless appliances and quartz counters. New custom windows in expanded breakfast area. No steps, 2car + golf cart garage. Privacy and comfort.
No exterior & parking available.
Grades 4-5 • 7.2 mi
Grades PK-3 • 7.8 mi
Grades K-6 • 15.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 88% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,763 | 1,730 | 58% |
| Lot Size | 4,012 | 4,000 | 67% |
| Price | $550.0K | $448.7K | 67% |
| Price per sq ft | $312 | $289 | 63% |
| Built year | 1975 | 2006 | 13% |
| HOA | $5239 | $2.0K | 96% |
| Days on market | 17 | 1170 | 4% |
Apr 8, 2026
$550,000
Initial Listing