20347 N 109TH Lane, Peoria, AZ 85373, Peoria, 85373 - 3 bed, 2 bath
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Peoria, AZ 85373
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $399,000—positioned well below the $411,801 Fair Market Value by 3%. This valuation gap offers $12,801 in Instant Equity. Featuring a Good Condition Rating, the home boasts a Renovated Granite Kitchen and a flexible bonus room. Located in the desirable Ventana Lakes community near Parkridge Elementary (Rating 8), this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20347 N 109TH Lane Subject | $399,000* List Price | 3 | 2 | 1,503 | $274 | - |
A 10816 W QUAIL Avenue Sold | $510,000 | 4 | 2 | 2,000 | $255 | 0.5 mi |
B 10830 W LOUISE Drive Sold | $420,000 | 3 | 2 | 1,539 | $273 | 0.9 mi |
C 10830 W LOUISE Drive Sold | $420,000 | 4 | 2 | 1,539 | $273 | 0.9 mi |
D 10830 W LOUISE Drive Sold | $420,000 | 3 | 2 | 1,539 | $273 | 0.9 mi |
E 20037 N WELK Drive Sold | $440,000 | 3 | 2 | 1,673 | $263 | 0.7 mi |
F 20708 N 108TH Lane Pending | $449,900 List Price | 3 | 2 | 1,475 | $305 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the home was built in 1992, it has been well-maintained and features a renovated kitchen with granite countertops, stainless steel appliances, and updated cabinetry. The bathrooms and living spaces appear move-in ready with modern finishes, placing it within the 5-15 year renovation criteria for a 'Good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8155, living area = 1503.
The home features a beautifully updated kitchen and bathrooms with contemporary finishes, offering a move-in-ready experience that appeals to modern buyers.
A unique bonus room off the primary suite provides versatile space for a home office, gym, or retreat, maximizing the utility of the 1,503 square foot layout.
Built in 1992, the home may soon require capital improvements to major systems such as the roof or HVAC, which are common considerations for properties of this vintage.
With a 1,503 square foot footprint accommodating three bedrooms plus a bonus room, some living areas may feel slightly constrained compared to newer, larger suburban models.
Welcome to Ventana Lakes! This beautifully updated 3-bedroom, 2-bath home sits on a spacious lot and offers a desirable split-bedroom floorplan for added privacy. The updated kitchen and bathrooms feature modern finishes, while the bonus room off the primary suite is ideal for a home office, craft room, gym, or retreat space. Step outside to a private backyard with mature landscaping, a gas BBQ, and a gas firepit -- perfect for relaxing or entertaining year-round. Enjoy all that the Ventana Lakes community has to offer, including a clubhouse, community pool, tennis courts, walking paths, and more!
No exterior & parking available.
Grades PK-8 • 1.1 mi
Grades 7-12 • 3.0 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 | 1,503 | 1,876 | 15% |
| Lot Size | 8,155 | 9,000 | 35% |
| Price | $399.0K | $250.0K | 80% |
| Price per sq ft | $265 | $152 | 93% |
| Built year | 1992 | 1978 | 69% |
| HOA | $360 | $0 | 98% |
| Days on market | 22 | 2297 | 1% |
May 15, 2026
$399,000
Initial Listing