
Queen Creek, AZ 85142
This Equestrian Development Opportunity is listed at $985,000, reflecting a stable valuation relative to its $970,156 Fair Market Value. The property currently holds a Fair Condition Rating, yet the primary value is concentrated in the expansive 2.5-acre irrigated lot featuring mountain views, a horse arena, and a tack room. Located near top-rated schools like Desert Mountain Elementary, the site offers immense potential for a custom luxury build-out or a modernized urban farm. This unique acreage is an ideal acquisition for Equestrian Enthusiasts or Custom Home Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24370 S 184TH Place Subject | $985,000* List Price | 2 | 2 | 1,726 | $562 | - |
A 18950 E VIA DE PALMAS -- Pending | $1,110,000 List Price | 4 | 3 | 2,216 | $501 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the home is well-maintained but significantly outdated, featuring original 1970s-style dark wood cabinetry, laminate countertops, and wood-paneled walls in the kitchen. While the property appears clean and functional with 'rustic charm,' the interior finishes, including the brown carpeting and older appliances, show their age and lack modern updates, placing it firmly in the fair category for its age and condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 109332, living area = 1726.
Situated on over 2.5 acres, this property is perfectly equipped for horse enthusiasts or urban farming, featuring dedicated arena areas, a tack room, and mature trees.
The expansive lot size and lack of HOA restrictions provide a rare opportunity to build a custom luxury estate or additional homes while maintaining the original rustic residence.
The original 1979 structure offers only two bedrooms and 1,726 square feet, which may require significant renovation or serve only as a secondary dwelling for modern buyers.
At a near-million dollar price point, the value is heavily concentrated in the acreage rather than the existing home, potentially complicating traditional financing for non-developers.
Home with acreage for equestrian or urban farm in Ranchos Jardines. The original home is 2 bedroom 2 baths with rustic Arizona charm. Live in it or build your next home(s) or Both! There are so many mature trees, mountain views, arena areas, a tack/storage room, and much more. come visit and experience this lovely location and Rural farm feel yet you are still close to Everything, Highways, stores, schools, outdoor activities, dining and more!
No exterior & parking available.
Grades PK-5 • 2.4 mi
Grades PK-5 • 2.4 mi
Grades 5-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,726 | - |
| Lot Size | 109,332 | - |
| Price | $985.0K | $615.1K |
| Price per sq ft | $571 | $257 |
| Built year | 1979 | 0 |
| HOA | $0 | $0 |
| Days on market | 295 | 2498 |
Sep 30, 2025
$985,000
Initial Listing