20946 N 108TH Lane, Peoria, AZ 85373, Peoria, 85373 - 2 bed, 2 bath
Loading property details...
20946 N 108TH Lane
Peoria, AZ 85373
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,253Sq Ft
4,725Lot Size
Property Price
LIST PRICE$350,000
EST. MARKET VALUE
$362,006
3% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $350,000—positioned well below the $362,007 Fair Market Value by 3%. This valuation gap offers $12,007 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes a Granite Kitchen, remodeled bathrooms, and a Large Covered Patio. Located in the desirable Ventana Lakes community near Top-Rated Schools, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Estimated Market Value
$362,006+$12,006 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Peoria.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20946 N 108TH Lane Subject | $350,000* List Price | 2 | 2 | 1,253 | $289 | - |
A 10823 W IRMA Lane Pending | $435,000 List Price | 3 | 2 | 1,309 | $332 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While built in 1995, the property has undergone extensive renovations within the last 1-5 years (2021-2026). Key updates include a new roof underlayment (2026), new water heater (2024), new garage door (2026), and remodeled showers. The kitchen features new granite countertops and stainless appliances, and the home has fresh interior/exterior paint, making it mint and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Recent Capital Improvements
The property features significant high-ticket upgrades including a new roof underlayment (2026), new water heater (2024), and fresh interior/exterior paint, ensuring low immediate maintenance costs.
- Modernized Interior Finishes
The home boasts a remodeled kitchen with granite countertops and stainless appliances, along with fully renovated bathrooms featuring custom tile work and glass doors, providing a move-in-ready experience.
- Prime Community Positioning
Situated just 100 yards from the lake in the desirable Ventana Lakes community, the home offers a quiet location with upgraded low-maintenance landscaping and artificial turf.
CONSRISKS & DEFICIENCIES
- Limited Bedroom Count
With only two bedrooms, the property may appeal to a narrower buyer demographic, potentially excluding larger families or those requiring multiple guest spaces.
- Compact Living and Lot Size
The 1,253 square foot interior and modest 4,725 square foot lot may feel restrictive for buyers seeking expansive living areas or large private outdoor spaces.
About 20946 N 108TH Lane
Beautiful Home in Ventana Lakes Community!! Gently Lived-in and Ready for New Owners! Lots of Recent Upgrades! Spacious Kitchen features Newer Stainless Appliances, New Granite Counters & Sink, Island, Pantry, and Pass-Thru Window to Living Room! Spacious Living Room with Lots of Room for your Furniture! Master Bedroom is Large and Has Separate Sitting Area/Office! 2nd Bedroom is Good Sized! 2 Car Garage has Ladder to Attic! Low Maintenance Landscaping! Only 100 Yards from Nearest Lake! Great Neighbors and Quiet Neighborhood! Both Showers were Recently Remodeled with Tile Walls & Glass Doors! Inside Laundry with Newer GE Washer & Dryer! Tile Floor in the High Traffic areas, Carpet in Bedrooms! Nice, Private Backyard with Shade Screens, Large, Covered Patio, Shade for A/C Unit! Fresh Paint Inside & Out! Even the Kitchen Cabinets have Fresh Paint! Seller just had Roof Underlayment and Firring Strips Replaced in July! Should Last for 25-50 Years! Other Upgrades include New Water Heater-2024, New Garage Door & Opener-2026, New Ceiling Fans, LED Lights, Smoke and Carbon Monoxide Detectors all in 2026, Back Yard Upgraded to Artificial Grass, Decorative Rock and Concrete-2021, New Front Yard Decorative Rock-2026, A/C & Termites Inspected Annually - Last visit for both was May 2026!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1995
- Lot Size
- 4,725 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $360 / Month
Neighborhood Insights
Peoria Unified Schools
Parkridge Elementary School
Grades PK-8 • 1.2 mi
8/10
Sunrise Mountain High School
Grades 7-12 • 3.1 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,253 | 2,156.409 |
| Lot Size | 4,725 | 7,333.558 |
| Price | $350.0K | $535.9K |
| Price per sq ft | $279 | $261 |
| Built year | 1995 | 2004 |
| HOA | $360 | $178 |
| Days on market | 20 | 85 |
Pricing History
Listed for Sale
Aug 20, 2026
$350,000
Initial Listing