20353 N 109th Ave --, Peoria, AZ 85373, Peoria, 85373 - 3 bed, 2 bath
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Peoria, AZ 85373
This Single-Family Residence presents a High-Potential Investment Opportunity, listed at $389,000—positioned above the $335,495 Fair Market Value. While the property requires a strategic approach, its Fair Condition Rating and 1991 build offer a clear path for value-add renovations. The 2,034 sq ft split floor plan and largest lot in the community provide significant upside potential. Located near Parkridge Elementary (Rating 8), this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through cosmetic modernization in a desirable community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20353 N 109th Ave -- Subject | $389,000* List Price | 3 | 2 | 2,034 | $165 | - |
A 10406 W Indian Wells Drive Sold | $375,000 List Price | 3 | 2 | 2,063 | 0.6 mi | |
B 19607 N SIGNAL BUTTE Circle Sold | $340,000 List Price | 2 | 2 | 1,946 | 0.9 mi | |
C 11023 W CHINO Drive Sold | $479,000 | 3 | 2 | 2,246 | $213 | 0.5 mi |
D 20444 N 110TH Avenue Active | $422,500 List Price | 3 | 2 | 1,896 | $223 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991 (33 years old), the property is well-maintained but largely dated. While it features some newer laminate flooring, the overall aesthetic, including the pantry, built-ins, and closets, reflects original 1990s finishes. It is move-in ready but requires cosmetic updates to the kitchen and baths to meet modern standards, placing it firmly in the Fair category despite its clean condition.
Boasting the largest lot in the Lakeside at Ventana Lakes subdivision, this property provides exceptional outdoor space and enhanced privacy compared to neighboring homes.
The 2,034 sq ft single-level layout features a desirable split floor plan, offering a private primary suite separate from the secondary bedrooms and multiple distinct living areas.
Located in the sought-after Ventana Lakes community, the property offers access to extensive HOA amenities and is conveniently positioned near shopping, dining, and recreation.
Built in 1991, the interior may require cosmetic updates or full renovations to the kitchen and bathrooms to meet the expectations of modern buyers.
As part of an active adult community, the property has a restricted buyer pool which can limit the pace of resale compared to non-age-restricted neighborhoods.
Welcome to this spacious single-level home with the largest lot in the desirable Lakeside at Ventana Lakes community! Offering 2,034 sq ft, this 3-bedroom, 2 bath layout features multiple living spaces, including a formal living room, dining area, large family room with fireplace, and a well-positioned kitchen with pantry and easy access to the main gathering areas. The split floor plan provides privacy, with a generous primary suite featuring dual bathroom areas and a large walk-in closet, while two secondary bedrooms sit on the opposite side of the home near a full bath and laundry room. Additional highlights include low-maintenance landscape with private jacuzzi. Located in Ventana Lakes with HOA amenities and convenient access to shopping, dining, recreation, and everyday essentials
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 | 2,034 | 1,876 | 65% |
| Lot Size | 7,989 | 8,815 | 35% |
| Price | $389.0K | $270.0K | 80% |
| Price per sq ft | $191 | $157 | 71% |
| Built year | 1991 | 1978 | 69% |
| HOA | $360 | $0 | 98% |
| Days on market | 37 | 2467 | 1% |
May 7, 2026
$389,000
Initial Listing