25422 N 68th Drive, Peoria, AZ 85383, Peoria, 85383 - 4 bed, 3 bath
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Peoria, AZ 85383
This property presents a High-Potential Investment Opportunity with a List Price of $530,000—positioned well above the $462,284 Fair Market Value by -14%. While the home requires cosmetic updates, its Fair Condition Rating and the seller's $10,000 flooring credit provide a clear path for value-add improvements. Located in the desirable Terramar community near top-rated schools like Terramar Elementary, this 4-bedroom, 3-bathroom residence offers significant long-term potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25422 N 68th Drive Subject | $530,000* List Price | 4 | 3 | 2,569 | $180 | - |
A 6809 W TETHER Trail Sold | $550,000 List Price | 5 | 3 | 2,824 | 0.5 mi | |
B 7167 W BUCKSKIN Trail Sold | $580,000 | 3 | 2 | 2,283 | $254 | 0.4 mi |
C 7449 W HONEYSUCKLE Drive Sold | $625,000 | 4 | 3 | 2,508 | $249 | 0.6 mi |
D 26249 N 68TH Lane Sold | $590,000 | 5 | 3 | 3,273 | $180 | 0.5 mi |
E 25815 N 67TH Drive Active | $595,000 List Price | 4 | 3 | 2,578 | $231 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001, this 25-year-old property is in dated condition. The interior shows original finishes, including vertical blinds and worn carpeting, which is confirmed by the seller's offer of a $10,000 flooring credit. While the structure appears functional, the home requires cosmetic updates and likely has original systems nearing the end of their lifespan.
Situated in the highly desirable Terramar community, this home offers exceptional proximity to Lifetime Fitness, upscale shopping, and popular dining destinations.
The property is served by excellent schools, including the highly-rated Terramar Elementary (Rating 8) located less than a third of a mile away, and Mountain Ridge High School.
The seller is offering a $10,000 credit toward new flooring, allowing the buyer to immediately build equity and customize the home's aesthetic to their preference.
The necessity of a flooring credit indicates that the current interior surfaces likely require immediate replacement, which may be a deterrent for buyers seeking a move-in-ready home.
At 6,106 square feet, the lot is relatively small for a home of this size (2,569 sqft), potentially limiting private outdoor space and backyard versatility.
Welcome to this 4 bedroom, 3 full bathroom north Peoria home. Sellers are offering a $10,000 credit towards closing. First bedroom is downstairs with a full bathroom. This home is located in the very popular community of Terramar. Located near Lifetime Fitness, shopping, great schools and wonderful restaurants.
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades PK-8 • 3.1 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,569 | 2,607 | 47% |
| Lot Size | 6,106 | 7,845 | 20% |
| Price | $530.0K | $438.5K | 58% |
| Price per sq ft | $206 | $187 | 53% |
| Built year | 2001 | 2008 | 17% |
| HOA | $103 | $168 | 36% |
| Days on market | 29 | 2393 | 0% |
May 9, 2026
$530,000
Initial Listing