18833 E LATIGO Lane, Rio Verde, AZ 85263, Rio Verde, 85263 - 4 bed, 3 bath
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Rio Verde, AZ 85263
This property presents a Strong Value Opportunity with a List Price of $580,000—positioned well below the $643,027 Fair Market Value by 9%. This valuation gap offers $63,027 in Instant Equity for buyers capable of completing the remaining renovations. Featuring a Condition Rating of 3, the home includes high-end upgrades like new Anderson windows and an ADA-compliant master suite. With panoramic mountain and golf course views, this is a Value-Add Investor asset ideal for Contractors seeking a high-utility project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18833 E LATIGO Lane Subject | $580,000* List Price | 4 | 3 | 2,559 | $251 | - |
A 18501 E AVENIDA DEL RAY -- Sold | $560,000 | 3 | 3 | 2,513 | $223 | 0.6 mi |
B 25638 N DESOTO Lane Sold | $470,000 List Price | 3 | 3 | 2,555 | 0.5 mi | |
C 19049 E ALONDRA Way Sold | $475,000 List Price | 4 | 4 | 2,955 | 0.3 mi | |
D 18421 N SIERRA VEREDA -- Sold | $689,000 | 3 | 3 | 2,537 | $272 | 0.7 mi |
E 18421 N SIERRA VEREDA -- Sold | $689,000 | 3 | 3 | 2,537 | $272 | 0.7 mi |
F 18448 E PASEO VERDE Drive Active | $624,900 List Price | 3 | 2 | 2,452 | $255 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1981, the property has undergone a significant recent renovation (<5 years) including a modern kitchen with new shaker cabinets and stainless steel appliances, newer Anderson windows, and a completely remodeled ADA-compliant master suite. While the remodel is described as unfinished, the high-quality updates to major systems and rooms move it beyond 'Fair' condition, though the remaining work prevents an 'Excellent' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12745, living area = 2559.
Situated directly on the Rio Verde Golf Course, the property offers desirable panoramic mountain views and a premium lot position within a sought-after 55+ community.
Significant capital improvements have already been made, including new Anderson windows, Arcadia doors, shaker kitchen cabinets, and a fully remodeled ADA-compliant second master suite.
The property is an active construction site with an incomplete remodel, requiring a buyer with the capital and expertise to manage remaining renovations and material finishes.
The association fee of $4,930 represents a significant recurring carrying cost that may impact the overall budget for some potential buyers.
Investor Opportunity for Home on the Rio Verde Golf Course with Panoramic Views of the Mountains. 4 Bdrm, 2.5 Bath Home with Two Master Bdrms, Golfcart Garage and Workshop Perfectly Situated in Rio Verde's premier, 55+ golf community. A remodel was started but not finished allowing a cost savings in renovation costs. Kitchen has New Shaker Cabinets, Stainless Steel Appliances Newer Anderson Windows and Arcadia Doors, Second ADA Master Bedroom-Bathroom completely remodel with New Bidets and Subway Tile. Newer Tile in Foyer. Newer Wood Plank Flooring, New Barn Doors and Master Closet Cabinets,
No exterior & parking available.
Grades 4-5 • 6.8 mi
Grades PK-3 • 7.4 mi
Grades K-6 • 15.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,559 | - |
| Lot Size | 12,745 | - |
| Price | $580.0K | $772.5K |
| Price per sq ft | $227 | $358 |
| Built year | 1981 | 0 |
| HOA | $4930 | $0 |
| Days on market | 15 | 2410 |
Jul 8, 2026
$580,000
Initial Listing