20324 N 110TH Lane, Peoria, AZ 85373, Peoria, 85373 - 3 bed, 2 bath
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Peoria, AZ 85373
This Upgraded Single-Family Residence is a Strong Value Opportunity, listed at $499,500—positioned well below the $552,351 Fair Market Value by 9%. This valuation gap provides $52,851 in Instant Equity. Boasting a Good Condition Rating, the home features Owned Solar Panels, a Gourmet Kitchen with Island, and Plantation Shutters. The professionally landscaped backyard with Multiple Covered Patios and pavers enhances the lifestyle appeal. Located near Top-Rated Parkridge Elementary, it balances financial upside with premium finishes. This is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or Buy-and-Hold Investors looking for a high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20324 N 110TH Lane Subject | $475,000* List Price | 3 | 2 | 2,234 | $212 | - |
A 10816 W QUAIL Avenue Sold | $510,000 | 4 | 2 | 2,000 | $255 | 0.7 mi |
B 11023 W CHINO Drive Sold | $479,000 | 3 | 2 | 2,246 | $213 | 0.3 mi |
C 10406 W Indian Wells Drive Sold | $375,000 List Price | 3 | 2 | 2,063 | 0.8 mi | |
D 10773 W TONOPAH Drive Active | $379,500 List Price | 3 | 2 | 2,034 | $187 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring significant upgrades that elevate it above its 1994 build date. Key improvements include a gourmet kitchen with an island, a primary bathroom with a modern tiled shower, laminate flooring throughout, and new windows with plantation shutters. The addition of owned solar panels and a high-end backyard with pavers and a pergola indicates a high level of upkeep and modern functionality.
The property features owned solar panels, providing a significant value-add that offers substantial long-term savings on utility costs in the Arizona climate.
The home is move-in ready with high-quality finishes, including new windows with plantation shutters, laminate flooring throughout, and a gourmet kitchen with a central island.
The backyard is professionally designed for entertaining, featuring multiple covered patios, extensive pavers, and a low-maintenance synthetic doggy patch.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2234, other record living area = 2034.
Built in 1994, the home may soon require capital expenditures for original major systems, such as the roof or HVAC, which are approaching the end of their typical 30-year lifespan.
The $360 association fee and the specific community regulations of Ventana Lakes may be a deterrent for buyers looking for lower monthly carrying costs or fewer restrictions.
Owned SOLAR saves $$$ on ELECTRIC in this three-bedroom, two-bathroom house that offers approximately 2,234 square feet of living space. The spacious layout features hardwood floors throughout, creating a warm and inviting atmosphere. The living area is providing a perfect spot to relax and unwind. Abundant natural light floods the space, enhancing the overall brightness and ambiance. The elegant dining area is an ideal setting for formal gatherings or everyday meals, with ample space for a sizable table and comfort, highlighted by a cozy fireplace. The kitchen boasts abundant cabinetry, providing ample storage and preparation space. Stepping outside, the home's single-story design and spacious lot offer a sense of privacy and curb appeal. Two covered sitting areas for your enjoyment. Supplement Remarks (10,000 characters max)
No exterior & parking available.
Grades PK-8 • 1.4 mi
Grades 7-12 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 53% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,234 | 1,876 | 80% |
| Lot Size | 8,862 | 8,862 | 50% |
| Price | $475.0K | $270.0K | 91% |
| Price per sq ft | $213 | $157 | 80% |
| Built year | 1994 | 1978 | 69% |
| HOA | $360 | $0 | 98% |
| Days on market | 97 | 2469 | 1% |
Jun 6, 2026
$475,000
$489,500
-3% Price Drop
Initial Listing
May 12, 2026
$489,500
$499,500
-2% Price Drop
Initial Listing
Mar 10, 2026
$499,500
Initial Listing