20000 N 108TH Lane, Peoria, AZ 85373, Peoria, 85373 - 2 bed, 2 bath
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20000 N 108TH Lane
Peoria, AZ 85373
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,120Sq Ft
6,588Lot Size
Property Price
LIST PRICE$325,000
EST. MARKET VALUE
$326,224
SUMMARY
This Turnkey 55+ Residence is a Strong Value Opportunity, listed at $325,000—positioned well below the $326,224 Fair Market Value by 0.38%. This valuation gap offers $1,224 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, the home includes updated 2019 appliances, plantation shutters, and a private patio. Located in the vibrant Ventana Lakes community, it offers resort-style amenities and proximity to top-rated schools like Parkridge Elementary. This is an ideal acquisition for Active Adult Retirees or Owner-Occupants seeking a low-maintenance, energy-efficient lifestyle.
Estimated Market Value
$326,224
Based on Realkey algorithm analyzing recent comparable sales in Peoria.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20000 N 108TH Lane Subject | $325,000* List Price | 2 | 2 | 1,120 | $291 | - |
A 20347 N 109TH Lane Sold | $385,000 | 3 | 2 | 1,503 | $256 | 0.3 mi |
B 10858 W IRMA Lane Pending | $340,000 List Price | 3 | 2 | 1,240 | $274 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1996, the home is well-maintained and move-in ready. It features updated 2019 appliances, partial bathroom renovations (modern vanity in one bath), and functional systems including leased solar. While the structure is nearly 30 years old, the pride of ownership and recent updates prevent it from falling into the 'Fair' category.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency
The property features a leased solar system that provides significantly lower monthly electric bills, a major financial benefit in the Arizona climate.
- Resort-Style Amenities
Located in the Ventana Lakes 55+ community, residents have access to premium amenities including scenic lakes, multiple pools, spas, and a fitness center.
- Move-In Ready Condition
The home is exceptionally well-maintained with 2019 Samsung appliances, plantation shutters, and durable laminate and tile flooring throughout.
CONSRISKS & DEFICIENCIES
- Solar Lease Commitment
The solar panels are leased rather than owned, requiring the buyer to assume the existing contract and meet specific lease transfer requirements.
- Compact Living Space
With only 1,120 square feet of living area, the home may feel restrictive for buyers transitioning from larger properties or those needing extensive storage.
About 20000 N 108TH Lane
LOW ELECTRIC BILLS WITH LEASED SOLAR! Experience comfort, convenience, and active adult living in this inviting 2-bedroom, 2-bathroom home located in the desirable Ventana Lakes 55+ community. This well-maintained home features durable laminate and tile flooring, plantation shutters throughout the living areas, and updated 2019 Samsung appliances. The open floor plan offers spacious living and entertaining areas, plus a versatile den with a built-in desk, perfect for a home office, hobby room, or reading retreat. Enjoy the benefits of leased solar, helping keep electric bills low year-round. Step outside and take advantage of the outstanding resort-style amenities Ventana Lakes has to offer, including multiple scenic lakes, pools, spas, fitness center, sports courts, walking paths, and activities in this vibrant community. Pride of ownership shows in this well-maintained home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1996
- Lot Size
- 6,588 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $360 / Month
Neighborhood Insights
Peoria Unified Schools
Parkridge Elementary School
Grades PK-8 • 1.2 mi
8/10
Sunrise Mountain High School
Grades 7-12 • 3.2 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,120 | 2,156.409 |
| Lot Size | 6,588 | 7,333.558 |
| Price | $325.0K | $535.9K |
| Price per sq ft | $290 | $261 |
| Built year | 1996 | 2004 |
| HOA | $360 | $178 |
| Days on market | 23 | 85 |
Pricing History
Listed for Sale
Aug 17, 2026
$325,000
Initial Listing