
Buckeye, AZ 85326
This Value-Add Ranch Property presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned well below the $750,219 Fair Market Value by 26%. This significant valuation gap provides $200,219 in Instant Equity for buyers ready to modernize the Fair Condition Rating interior. Situated on an expansive 1.1-acre lot with mountain views and no HOA, the property is strategically located in the path of growth near Verrado. It is a prime acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22627 W MAGNOLIA Street Subject | $550,000* List Price | 3 | 2 | 2,195 | $342 | - |
A 22825 W HILTON Avenue Sold | $520,000 | 3 | 2 | 1,612 | $323 | 0.4 mi |
B 2038 S 221ST Avenue Sold | $459,000 List Price | 3 | 2 | 1,960 | 0.7 mi | |
C 2038 S 221ST Avenue Sold | $499,000 List Price | 3 | 2 | 1,800 | 0.7 mi | |
D 2418 S 226TH Drive Active | $699,000 List Price | 4 | 2 | 2,197 | $318 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1984 build marketed as a 'sweat-equity' or 'handyman' opportunity, indicating it is not move-in ready by modern standards. While major systems like the roof and HVAC were updated in 2017, the listing explicitly mentions the need for cosmetic updates including paint and flooring. It fits the 'Fair' criteria as an aged home that has been maintained but requires modernization of its likely original 1980s interior finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 49485, living area = 2195.
Situated on over 1.1 acres with no HOA, this property offers exceptional space for RV storage, toys, animals, or future structural additions, providing a level of freedom and privacy rarely found in nearby master-planned communities.
Located in the direct path of development south of Verrado, the property is minutes from major new infrastructure including Costco and Verrado Marketplace, offering significant long-term appreciation and investment potential.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The home is marketed as a 'sweat-equity' project requiring comprehensive updates to flooring, paint, and finishes, which may deter traditional buyers looking for a move-in-ready residence.
Built in 1984, the home's original design and layout may feel dated compared to the modern floor plans of the surrounding new developments, potentially requiring structural vision to maximize its appeal.
OPPORTUNITY TO BUY A 1.1 ACRE RANCH IN THE PATH OF GROWTH SOUTH OF VERRADO. Minutes from major development including new schools, parks, Costco, Verrado Marketplace, shopping, dining, and expanding infrastructure--ideal for a buy-and-hold, flip, or sweat-equity/Handyman. Situated on 1+ acre with room for RVs, toys, animals, or future additions. Features vaulted ceilings, bonus room, covered patio, and large backyard. Roof & AC replaced in 2017. Solid structure ready for cosmetic updates--paint, flooring, and your vision. Simply The BEST value in the area!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,195 | 1,852 | 75% |
| Lot Size | 49,485 | 6,095 | 96% |
| Price | $550.0K | $355.0K | 96% |
| Price per sq ft | $251 | $188 | 88% |
| Built year | 1984 | 2008 | 4% |
| HOA | $0 | $97 | 12% |
| Days on market | 54 | 1203 | 0% |
Feb 27, 2026
$550,000
Initial Listing