
Peoria, AZ 85383
This Spacious Mountain-View Residence is a High-Potential Investment Opportunity, listed at $650,000—positioned well below the $745,997 Fair Market Value by 12%. This valuation gap provides $95,997 in Instant Equity for the incoming buyer. While maintaining a Condition Rating of 4 with a brand-new AC and water heater, the interior awaits cosmetic modernization to fully unlock its value. Featuring a Private Pool, 3-Car Garage, and proximity to Top-Rated Terramar Elementary, it perfectly balances lifestyle perks with significant financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25674 N 68TH Drive Subject | $650,000* List Price | 5 | 3 | 3,295 | $226 | - |
A 6809 W TETHER Trail Sold | $550,000 List Price | 5 | 3 | 2,824 | 0.4 mi | |
B 26249 N 68TH Lane Sold | $590,000 | 5 | 3 | 3,273 | $180 | 0.4 mi |
C 6920 W ANTELOPE Drive Sold | $785,000 | 6 | 3 | 3,721 | $211 | 0.1 mi |
D 26066 N 72nd Avenue Sold | $595,000 List Price | 6 | 3 | 3,287 | 0.4 mi | |
E 6829 W BRILES Road Sold | $795,000 | 5 | 3 | 4,350 | $183 | 0.3 mi |
F 25818 N 68TH Avenue Sold | $543,000 | 4 | 3 | 2,866 | $189 | 0.2 mi |
G 7043 W JACKRABBIT Lane Active Under Contract | $750,000 List Price | 5 | 3 | 3,970 | $189 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready, but the interior finishes are largely original to its 1999 construction. While it boasts significant recent mechanical upgrades including a new AC (2025) and water heater (2023), the kitchen and bathrooms feature dated oak cabinetry, older white appliances, and basic tile flooring. The listing description itself notes the home is 'ready for your personal touch,' confirming that while functional, the aesthetic and fixtures are outdated and require modernization to meet current 'excellent' or 'good' standards.
Offered at the lowest price per square foot in the area, this 3,295 sqft home provides significant space and equity potential for the price point.
The property features high-ticket maintenance updates including a brand new AC (2025), water heater (2023), and fresh exterior paint, reducing immediate move-in costs.
The layout is ideal for multi-generational living or guests, featuring a downstairs bedroom and full bath, a large upstairs loft, and a spacious 3-car garage.
The home is described as being ready for a 'personal touch,' indicating that the interior finishes and aesthetics likely require updating to meet modern standards.
While key mechanicals are new, other original elements of the 1999 construction, such as the roof or pool surface, may be approaching the end of their typical functional lifespan.
LOWEST price per sqft! Spacious 5/3 home with sparkling pool on a quiet cul-de-sac & 3 car garage in the desirable North Peoria community of Terramar. New AC (2025), water heater (2023), fresh exterior paint, LOW HOA, and a private backyard pool just in time for spring and summer. Mountain views and beautiful curb appeal with lush frontyard grass and mature landscaping. Thoughtfully designed floor plan features an open-concept kitchen with island, extra storage and large walk-in pantry. Flowing into the family room with a cozy fireplace perfect for gatherings. A downstairs bedroom and full bath for guests or multi-gen living. Upstairs offers a large loft plus a master suite with a private balcony and dual his-and-her closets, plus 3 additional bedrooms. Ready for your personal touch!
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades PK-8 • 3.3 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 82% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,295 | 2,519 | 81% |
| Lot Size | 8,185 | 7,500 | 59% |
| Price | $650.0K | $509.9K | 69% |
| Price per sq ft | $197 | $214 | 45% |
| Built year | 1999 | 2011 | 9% |
| HOA | $103 | $165 | 36% |
| Days on market | 50 | 2135 | 0% |
Mar 4, 2026
$650,000
Initial Listing