22862 N 103RD Lane, Peoria, AZ 85383, Peoria, 85383 - 4 bed, 2 bath
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Peoria, AZ 85383
This Spacious Single-Level Ranch is a High-Potential Investment Opportunity, listed at $592,500—positioned well below the $768,489 Fair Market Value by 22%. This significant valuation gap provides $175,989 in Instant Equity. Boasting a Condition Score of 3, the home features a granite kitchen, 3-car garage, and a private spa overlooking a natural desert area. Located near top-rated Liberty High School, it balances lifestyle luxury with massive financial upside. This is an elite acquisition for Owner-Occupants seeking wealth-building assets or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22862 N 103RD Lane Subject | $592,500* List Price | 4 | 2 | 2,472 | $311 | - |
A 22760 N 103RD Lane Sold | $598,000 | 4 | 2 | 2,286 | $262 | 0.1 mi |
B 10209 W COUNTRY CLUB Trail Sold | $460,000 | 3 | 2 | 1,667 | $276 | 0.3 mi |
C 10561 W LOUISE Drive Sold | $470,000 | 3 | 2 | 2,167 | $217 | 0.7 mi |
D 10226 W COUNTRY CLUB Trail Sold | $425,000 | 4 | 2 | 1,968 | $216 | 0.2 mi |
E 10617 W DALEY Lane Active | $635,000 List Price | 4 | 3 | 2,889 | $220 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows pride of ownership with several modern updates. Although built in 2000, the kitchen has been refreshed with granite countertops, a contemporary tile backsplash, and stainless steel appliances. The living areas feature durable tile flooring and a stylish wood-plank accent wall. While some elements like the cabinetry appear original, they are well-maintained, and the overall condition exceeds the 'fair' category due to the lack of deferred maintenance and the quality of the interior finishes.
The property backs to a natural desert area, providing exceptional privacy and scenic views from the large covered patio and spa.
Features a spacious 3-car garage and a double gate, offering plenty of room for recreational vehicles and outdoor equipment near Lake Pleasant.
The kitchen is well-appointed with granite countertops, a stylish backsplash, a dedicated beverage center, and a large walk-in pantry.
Built in 2000, the home may soon require capital improvements for original major systems like the HVAC or roof if they have not been recently updated.
With four bedrooms and nearly 2,500 square feet of living space, the presence of only two bathrooms may be a constraint for larger households.
Everyone loves Ironwood, which is why this lovely home will receive lots of interest. UPDATE: HVAC NEW, unit 2 replaced 2018. This single level ranch backs to a natural desert area offering privacy and amazing views from the large covered patio and sparkling spa. This lock and go property boasts a turf backyard and low maintenance desert landscaping in the front. This gorgeous home features hard surfaces in all the right places, granite kitchen counters, a stunning backsplash, beverage center and large walk in pantry. The primary bathroom offers dual vanities, a separate shower and soaking tub as well as a spacious walk in closet. Plenty of room for all your toys in the 3 car garage and behind the double gate. Minutes from Lake Pleasant and Castle Hot Springs OHV trails, this low maintenance property will appeal to adventurous fun lovers of all ages!
No exterior & parking available.
Grades 7-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 33% |
| Square foot | 2,472 | 2,519 | 48% |
| Lot Size | 9,376 | 7,500 | 71% |
| Price | $592.5K | $509.9K | 62% |
| Price per sq ft | $240 | $215 | 58% |
| Built year | 2000 | 2011 | 11% |
| HOA | $139 | $165 | 46% |
| Days on market | 41 | 2134 | 0% |
Mar 12, 2026
$592,500
Initial Listing