18942 E MOUNTAINAIRE Drive, Rio Verde, AZ 85263, Rio Verde, 85263 - 4 bed, 3 bath
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Rio Verde, AZ 85263
This Modernized Golf Community Residence is a High-Potential Investment Opportunity, listed at $995,000—positioned well below the $1,120,705 Fair Market Value by 11%. This valuation gap secures $125,705 in Instant Equity for the buyer. Boasting an Excellent Condition Rating following a comprehensive interior remodel, the home features solid white oak cabinetry, quartz countertops, and a saltwater pool with panoramic mountain views. Located in the desirable Rio Verde community, it balances high-end resort living with significant financial upside. This is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or Secondary Home Buyers looking for a high-equity desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18942 E MOUNTAINAIRE Drive Subject | $950,000* List Price | 4 | 3 | 3,053 | $359 | - |
A 18525 E PICACHO Road Sold | $1,190,000 | 3 | 3 | 3,343 | $356 | 0.4 mi |
B 18714 E IRONWOOD Circle Sold | $1,145,000 | 2 | 3 | 3,172 | $361 | 0.9 mi |
C 18710 E POCO RIO Drive Sold | $865,000 | 3 | 3 | 2,863 | $302 | 0.2 mi |
D 26601 N AGUILA Road Sold | $910,000 | 3 | 4 | 3,000 | $303 | 0.6 mi |
E 19028 E PICACHO Road Sold | $1,100,000 | 3 | 2 | 3,337 | $330 | 0.3 mi |
F 18619 E PICACHO Road Sold | $898,000 | 3 | 2 | 2,559 | $351 | 0.3 mi |
G 27808 N Desierto Drive Active | $1,150,000 List Price | 4 | 3 | 3,090 | $372 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1992, the property has undergone a comprehensive and high-end interior renovation within the last 5 years. The kitchen and bathrooms feature brand-new solid white oak cabinetry, quartz countertops, and modern stainless steel appliances. The home also boasts new wood-look flooring, fresh paint, modern light fixtures, and updated outdoor living spaces including a saltwater pool and travertine pavers, meeting the criteria for excellent condition through extensive recent modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21837, living area = 3053.
The home has undergone a full interior transformation featuring brand-new wood-look flooring, solid white oak cabinetry, and sleek quartz countertops, providing a sophisticated, move-in-ready aesthetic.
The expansive, privately fenced lot is designed for luxury entertaining, complete with a saltwater pool, travertine pavers, pet-friendly turf, and breathtaking mountain views.
The property is subject to a significant association fee of $5,120, which represents a substantial recurring ownership cost compared to other residential communities.
The property is located a considerable distance from local schools, with the nearest elementary and high schools situated between 7 and 16 miles away, which may be a drawback for families.
Beautifully updated home in desirable Rio Verde Golf Community! This stunning property on an expansive, privately fenced lot features resort-style living with a saltwater pool, pet-friendly turf, travertine pavers, and spacious covered patio. A gated front courtyard with turf leads to a bright, open-concept interior showcasing vaulted ceilings, wood beam accents, and panoramic backyard and mountain views. Recently enhanced with a full interior remodel, the home now features brand-new wood-look flooring throughout, all-new interior paint, and beautifully upgraded kitchen and baths with solid white oak cabinetry, sleek quartz countertops, and a stainless steel appliance package. Offering 4 spacious bedrooms, 2.5 baths, and a versatile split floor plan, perfect for visitors. Additional highli highlights include a 2.5-car garage, modern finishes, and impressive indoor-outdoor flow. A true gem offering comfort, style, and privacy in a peaceful golf course setting.
No exterior & parking available.
Grades 4-5 • 7.3 mi
Grades PK-3 • 8.0 mi
Grades K-6 • 15.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 84% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,053 | 2,813.5 | 75% |
| Lot Size | 21,837 | 15,924 | 91% |
| Price | $950.0K | $744.0K | 69% |
| Price per sq ft | $311 | $314 | 50% |
| Built year | 1992 | 2001 | 31% |
| HOA | $5120 | $2.2K | 94% |
| Days on market | 31 | 1766 | 3% |
Apr 15, 2026
$950,000
$995,000
-5% Price Drop
Initial Listing
Mar 25, 2026
$995,000
Initial Listing