
Peoria, AZ 85383
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $559,000—positioned well above the $466,450 Fair Market Value by 19%. While the property requires a premium, it offers a Fair Condition Rating with a functional split floor plan and a three-car garage. Zoned for Top-Rated Schools like Terramar Elementary and Mountain Ridge High, the home provides long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-located asset with significant modernization potential.
Spacious 4-bed home in Peoria, AZ. Features 3-car garage, split floor plan, and top-rated schools. Ideal for families or investors seeking a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26237 N 74TH Lane Subject | $559,000* List Price | 4 | 2 | 2,348 | $199 | - |
A 7167 W BUCKSKIN Trail Sold | $580,000 | 3 | 2 | 2,283 | $254 | 0.7 mi |
B 7873 W FETLOCK Trail Sold | $595,000 List Price | 4 | 3 | 2,587 | 0.9 mi | |
C 7449 W HONEYSUCKLE Drive Sold | $625,000 | 4 | 3 | 2,508 | $249 | 0.4 mi |
D 6809 W TETHER Trail Sold | $550,000 List Price | 5 | 3 | 2,824 | 0.8 mi | |
E 6915 W BRILES Road Active | $639,000 List Price | 4 | 2 | 2,384 | $268 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, this 23-year-old home is in clean, move-in condition but remains largely original. The kitchen and bathrooms feature dated honey oak cabinetry and laminate countertops typical of the construction era. While well-maintained, the property falls into the 'Fair' category due to its age (>20 years) and the need for cosmetic updates to modern standards.
The 2,348 sqft split floor plan features high ceilings and a three-car garage, offering a highly desirable configuration for families needing both privacy and ample storage.
The property is zoned for high-performing schools, including Terramar Elementary and Mountain Ridge High School, both of which carry an impressive rating of 8.
Located in the popular Terramar subdivision near Palo Verde Park, the home sits on a generous 8,089 sqft lot with an exceptionally low monthly HOA fee of $33.
Built in 2003, the home likely features original finishes that may require additional capital investment for cosmetic updates to meet modern aesthetic standards.
With four bedrooms but only two bathrooms, the home may experience high demand on facilities during peak hours compared to similar-sized homes with 2.5 or 3 baths.
THIS FOUR BEDROOM, TWO BATH HOME OFFERS A SPLIT FLOOR PLAN AND HIGH CEILINGS IN THE LIVING AREA. EAT IN KITCHEN HAS LARGE ISLAND AND DINING AREA. MASTER SUITE HAS WALK IN CLOSET AND DUAL SINKS. GENEROUS OUTDOOR LIVING SPACE AND A THREE CAR GARAGE. GREAT SCHOOLS, SHOPPING AND PALO VERDE PARK FOR RECREATION NEARBY. OWNER/AGENT.
No exterior & parking available.
Grades PK-8 • 0.9 mi
Grades PK-8 • 3.2 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,348 | - |
| Lot Size | 8,089 | - |
| Price | $559.0K | $553.1K |
| Price per sq ft | $238 | $267 |
| Built year | 2003 | 0 |
| HOA | $33 | $0 |
| Days on market | 65 | 2418 |
May 19, 2026
$559,000
Initial Listing