26065 N 68TH Lane, Peoria, AZ 85383, Peoria, 85383 - 3 bed, 2 bath
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Peoria, AZ 85383
This Pristine Terramar Residence is a Prime Investment Opportunity listed at $525,000—positioned well below the $543,141 Fair Market Value by 3%. This valuation gap secures $18,141 in Instant Equity for the incoming buyer. Maintaining a Condition Rating of 4, the property offers a Spacious 2,352 SqFt Layout with a large bonus room and Mountain Views. Proximity to Top-Rated Schools like Terramar Elementary and Mountain Ridge High adds significant long-term value. This home is a superior choice for Owner-Occupants or growing families seeking a move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26065 N 68TH Lane Subject | $515,000* List Price | 3 | 2 | 2,352 | $198 | - |
A 6757 W ROWEL Road Sold | $364,895 List Price | 4 | 3 | 2,287 | 0.3 mi | |
B 6809 W TETHER Trail Sold | $550,000 List Price | 5 | 3 | 2,824 | 0.2 mi | |
C 7167 W BUCKSKIN Trail Sold | $580,000 | 3 | 2 | 2,283 | $254 | 0.7 mi |
D 26480 N 68TH Drive Sold | $439,000 | 3 | 2 | 1,730 | $254 | 0.2 mi |
E 6804 W BRONCO Trail Active | $459,000 List Price | 3 | 2 | 2,039 | $225 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is exceptionally well-maintained and 'lightly lived in' as described, but it remains in largely original condition since its construction in 2000. The kitchen features dated oak cabinetry and white appliances, and the flooring and fixtures reflect the styles of 25 years ago. Per the criteria, homes built over 20 years ago that are functional but show signs of being outdated fall into the fair category.
The home has been exceptionally well-maintained and 'lightly lived in,' offering a move-in-ready experience that rivals the quality of new construction.
With 2,352 square feet, a large bonus room, and an oversized master suite with a private sitting area, the floor plan provides excellent flexibility for a home office or hobby space.
Located in the desirable Terramar subdivision, the property is within close proximity to top-rated schools, including Terramar Elementary and Mountain Ridge High School.
Despite the generous square footage, the home only features three dedicated bedrooms, which may limit its appeal to larger families compared to other homes of this size.
Built in 2000, the property may have original mechanical systems or roof components that are approaching the end of their typical functional lifespan.
Fabulous Terramar home so lightly lived in that it looks like the builder just completed it. 3 bedrooms plus a large bonus room to accommodate every need. Enjoy a traditional living and dining room separated from and open island kitchen overlooking a large bright family room with tons of light and backyard views. Ample kitchen cabinetry plus pantry and breakfast bar and kitchen table niche brings everyone together which we are all looking for. Move on to the oversized master with it's own sitting area and a pristine open bright master bath and huge walk-in closet. Now add an easy-care beautiful backyard with a mature citrus and large patio capturing morning sun. This needs to be seen to be appreciated.
No exterior & parking available.
Grades PK-8 • 0.7 mi
Grades PK-8 • 3.5 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 42% |
| Baths | 2.0 | 3.0 | 33% |
| Square foot | 2,352 | 2,519 | 42% |
| Lot Size | 6,600 | 7,500 | 33% |
| Price | $515.0K | $509.9K | 51% |
| Price per sq ft | $219 | $215 | 51% |
| Built year | 2000 | 2011 | 11% |
| HOA | $100 | $165 | 36% |
| Days on market | 57 | 2135 | 0% |
Apr 15, 2026
$515,000
$525,000
-2% Price Drop
Initial Listing
Feb 25, 2026
$525,000
Initial Listing