20185 W PALO VERDE Drive, Litchfield Park, AZ 85340, Litchfield Park, 85340 - 4 bed, 3 bath
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Litchfield Park, AZ 85340
This Stunning 2023 Meritage Home represents a Strong Value Opportunity, listed at $499,000—positioned well below the $534,304 Fair Market Value by 6%. This valuation gap offers $35,304 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, this home includes owned solar, a gourmet kitchen, and distant mountain views. With a VA-assumable loan at 4.99%, this property is an ideal acquisition for VA-eligible buyers or owner-occupants seeking a modern, energy-efficient sanctuary in a resort-style community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20185 W PALO VERDE Drive Subject | $499,000* List Price | 4 | 3 | 2,342 | $228 | - |
A 20200 W Rancho Drive Sold | $479,990 List Price | 5 | 3 | 2,406 | 0.0 mi | |
B 19607 W BADGETT Lane Active | $585,000 List Price | 4 | 3 | 2,272 | $257 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this home is less than 10 years old and in mint condition. It features a modern gourmet kitchen with an oversized island, energy-efficient systems including owned solar, and high-end finishes like designer tile and upgraded lighting, requiring no maintenance.
The property features a VA-assumable loan at a 4.99% interest rate, providing a rare and significant financial advantage for eligible buyers in the current market.
Equipped with owned solar panels and built by Meritage Homes with innovative energy-efficient features, this home ensures substantially lower utility costs and long-term sustainability.
This 2023-built home offers a gourmet kitchen, mountain views, and a highly functional floor plan including both a flex room and a den to accommodate various lifestyle needs.
The primary financial incentive is limited to VA-eligible buyers, which may exclude a significant portion of the market and reduce the pool of potential applicants.
The 6,316 square foot lot is relatively compact for a home of this size, which may be a drawback for buyers seeking a large backyard or increased privacy between neighbors.
VA (ONLY) ASSUMABLE AT 4.99% INTEREST RATE. Don't miss this stunning 3 year-old Meritage Home in Canyon Views! These unique single-story offers 4 bedrooms, 3 bathrooms, and OWNED solar for lasting energy savings. The gourmet kitchen showcases a stylish backsplash, abundant cabinetry, and an oversized island, opening seamlessly to the great room and dining area. A flex room and den provide versatile spaces to suit your lifestyle, while designer tile flooring, upgraded lighting, and ceiling fans throughout add a modern touch. Epoxy flooring in the garage plus a soft water loop. Step outside to a low-maintenance backyard with artificial turf and pavers perfect for relaxing or entertaining enjoy resort-style community amenities, including sports courts, walking trails, playgrounds, and ramadas. Built with innovative, energy-efficient features, this home helps lower utility costs while enhancing your everyday comfort and convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,342 | 2,876 | 29% |
| Lot Size | 6,316 | 10,038.5 | 13% |
| Price | $499.0K | $345.5K | 63% |
| Price per sq ft | $213 | $163 | 71% |
| Built year | 2023 | 2005 | 92% |
| HOA | $96 | $104 | 48% |
| Days on market | 29 | 2141 | 1% |
May 8, 2026
$499,000
Initial Listing