26424 N Heron Lane, Rio Verde, AZ 85263, Rio Verde, 85263 - 2 bed, 2 bath
Loading property details...
Rio Verde, AZ 85263
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $745,900—positioned well above the $621,751 Fair Market Value by -19%. While the list price exceeds current market estimates, the property offers a Fair Condition Rating with significant upside through cosmetic modernization. Featuring a large 16,174 sqft lot and scenic mountain views, this home provides a resort-style lifestyle within a premier 55+ community. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a spacious, amenity-rich retirement sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26424 N Heron Lane Subject | $745,900* List Price | 2 | 2 | 2,454 | $253 | - |
A 18501 E AVENIDA DEL RAY -- Sold | $560,000 | 3 | 3 | 2,513 | $223 | 0.7 mi |
B 26601 N AGUILA Road Sold | $910,000 | 3 | 4 | 3,000 | $303 | 0.5 mi |
C 18942 E MOUNTAINAIRE Drive Sold | $673,054 | 4 | 3 | 3,152 | $214 | 0.2 mi |
D 18626 E MOUNTAINAIRE Drive Active | $750,000 List Price | 3 | 2 | 2,324 | $323 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property is 21 years old and appears to retain its original builder-grade finishes. While the home is very well-maintained and functional, the kitchen cabinetry and tile-trimmed bathroom vanities are stylistically dated. Per the criteria, homes over 20 years old with original features are rated as fair.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16174, living area = 2454.
Located in the premier Rio Verde 55+ community, the property offers access to two golf courses, tennis, pickleball, a state-of-the-art fitness center, and multiple on-site dining options.
The home is situated on an expansive 16,174-square-foot lot and features desirable mountain views, providing a sense of privacy and a picturesque desert backdrop.
The association fee of $5,239 represents a significant recurring carrying cost that may be a deterrent for budget-conscious buyers.
Despite the generous square footage, the home only contains two formal bedrooms, which may limit its appeal to buyers who require more dedicated private sleeping quarters.
Warm, bright and inviting is this home in the desirable Unit 12! Floor plan is open and welcoming to great entertaining! Two bedrooms plus large den that easily could accommodate a Murphy Bed or Sofabed. Master and guest suites are split, both are very large bedrooms. Rio Verde is a 55+ community that has everything! Two parkland golf courses that have available memberships. Community amenities include rated tennis, pickleball, bocce ball, horseshoes, state of the art workout facility, dining at the Club either in The Pub or Box Bar Grill. Community church is on the property offering non-denominational services or Catholic Services. Rio Verde is the place to be - a wonderful community culture!
No exterior & parking available.
Grades 4-5 • 7.4 mi
Grades PK-3 • 8.0 mi
Grades K-6 • 15.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,454 | - |
| Lot Size | 16,174 | - |
| Price | $745.9K | $772.5K |
| Price per sq ft | $304 | $358 |
| Built year | 2005 | 0 |
| HOA | $5239 | $0 |
| Days on market | 49 | 2410 |
Jun 4, 2026
$745,900
Initial Listing