2027 E CIRCLE MOUNTAIN Road, New River, AZ 85087, New River, 85087 - 5 bed, 3 bath
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New River, AZ 85087
This Renovated Desert Estate is a Strong Value Opportunity, listed at $1,000,000—positioned well below the $1,071,451 Fair Market Value by 6%. This valuation gap provides $71,451 in Instant Equity for the buyer. Boasting a Good Condition Rating, the home features a designer kitchen with concrete counters and a resort-style backyard with a solar-heated pool and spa. The finished basement with a kitchenette offers exceptional versatility for guests. This property is an ideal acquisition for Owner-Occupants or Multi-Generational Families seeking a private sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2027 E CIRCLE MOUNTAIN Road Subject | $1,000,000* List Price | 5 | 3 | 3,918 | $273 | - |
A 44123 N 23RD Street Sold | $780,000 | 4 | 3 | 2,794 | $279 | 0.4 mi |
B 44814 N 22ND Street Sold | $800,000 | 3 | 3 | 2,943 | $272 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent renovations, particularly in the kitchen and bathrooms. The kitchen features modern upgrades like concrete countertops, a farmhouse sink, and stainless steel appliances, while the bathrooms include updated vanities and a high-end copper soaking tub. Although the home was built in 1992, the well-maintained 'resort-style' backyard, finished basement with a kitchenette, and updated interior finishes align with the 'good' condition criteria, showing minimal wear and tear despite the structural age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47829, living area = 3918.
The property features an expansive backyard oasis with a solar-heated pool and spa, a 7-foot fire pit, and 'million-dollar' mountain views, providing a premium private retreat.
A fully finished basement with a separate exterior entrance, kitchenette, wine room, and two bedrooms offers exceptional versatility for guests or extended family.
The property relies on a private well rather than municipal water, which may require additional maintenance, testing, and oversight from the homeowner.
While the interior is beautifully renovated, the 1992 construction date suggests that major underlying systems or structural components may be approaching the end of their typical lifespan.
This big, beautiful home is full of character! Tongue & Groove ceilings & wood accents. Designer shelves/nooks & soaring ceilings. Plantation shutters, hardwood floors (in the bedrooms) & extra wide doors. Recently renovated kitchen with beautiful cabinetry, concrete counter tops, tile backsplash, farmhouse sink & a window looking over the pool & patio. Cozy living/dining with wood burning fireplace. Primary bedroom located on the main floor includes spacious walk-in closet, dual sinks & gorgeous, hammered, copper soaking tub. Fully finished basement boasts 2 bedrooms, 1 bath, living, family room, wet bar/kitchenette & wine room. Light & bright with separate exterior entrance/exit. Bathrooms have been updated with new vanities & countertops, walk-in showers & fixtures. Paved roads... Private well. Preferred North/South facing. 8 X 20' storage building (2019). Huge patio with heated pool & spa with solar heating system, 7' round fire pit & extensive landscaping complete this resort style backyard. Million-dollar views & private setting. **Dining room chandelier does not convey.**
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 86% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,918 | 2,483 | 96% |
| Lot Size | 47,829 | 13,792.5 | 70% |
| Price | $1.00M | $595.0K | 94% |
| Price per sq ft | $255 | $242 | 57% |
| Built year | 1992 | 2006 | 10% |
| HOA | $0 | $66 | 44% |
| Days on market | 21 | 1039 | 1% |
Apr 1, 2026
$1,000,000
Initial Listing