27506 N 98TH Lane, Peoria, AZ 85383, Peoria, 85383 - 5 bed, 4 bath
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Peoria, AZ 85383
This Luxury Gated Estate is a Strong Value Opportunity, listed at $965,000—positioned well below the $1,016,814 Fair Market Value by 5%. This valuation gap offers $51,814 in Instant Equity. Boasting an Excellent Condition Rating, the residence features a Detached Guest House, Pebble Tec Pool, and Mountain Views. Recent capital improvements to the HVAC and Roof ensure low maintenance, while proximity to Top-Rated Schools like West Wing Elementary enhances long-term value. This is an ideal acquisition for Multi-generational Families or Luxury Home Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27506 N 98TH Lane Subject | $965,000* List Price | 5 | 4 | 3,115 | $326 | - |
A 9324 W MOLLY Lane Sold | $1,208,000 | 4 | 4 | 3,799 | $318 | 0.8 mi |
B 27821 N 98TH Drive Sold | $815,000 | 4 | 3 | 2,903 | $281 | 0.2 mi |
C 26702 N 97TH Lane Pending | $925,000 List Price | 4 | 4 | 3,750 | $247 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property qualifies as excellent due to extensive recent renovations and high-end maintenance within the last 5 years. Key updates include new dual AC units (2021), roof underlayment (2020), and fresh interior paint (2023). The primary bathroom has been fully modernized with a contemporary freestanding tub and a custom glass-enclosed shower with stone surrounds. The interior features consistent modern porcelain wood-look tile flooring, refreshed white cabinetry, and stainless steel appliances, while the resort-style backyard and detached guest house are in pristine condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21251, living area = 3115.
The property includes a fully self-contained detached guest house with its own bedroom, bathroom, and private two-car garage, providing an ideal setup for multi-generational living or a secluded home office.
Set on nearly half an acre, the backyard is an entertainer's dream featuring a Pebble Tec pool with waterfall, a basketball court, a built-in BBQ pergola, and expansive mountain views.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The assigned high school is located nearly 8 miles from the property, which may pose a daily commuting challenge for families with high-school-aged children.
While well-maintained, the 2003-era cabinetry and granite finishes may feel dated to buyers looking for a more contemporary or ultra-modern luxury aesthetic.
Nearly half an acre in Pleasant Valley, one of North Peoria's most well-established gated communities. The main house offers 4 bedrooms and a den with 3 bathrooms and over 3,100 square feet. The detached guest house adds a bedroom and full bathroom with its own two car garage. Combined, that's 5 bedrooms, a den, and 4 bathrooms on nearly half an acre with mountain views and a backyard that makes full use of the space. The kitchen features granite counters, island seating, and 42-inch white cabinetry, opening directly into the family room with a stone fireplace. A separate large living room provides additional flexibility, and the den offers space for a home office, hobby room, or formal dining room. Porcelain tile runs throughout the home. The backyard includes a fenced Pebble Tec pool with waterfall, a pergola with built-in BBQ, a separate grassed area, a kids' play gym, a basketball court, and a hot tub. Mountain views are visible from multiple areas of the yard. The guest house and its garage sit separately from the main home, creating a completely self-contained space for extended family, guests, or a home office. Total garage capacity across the property is five cars with epoxy flooring and additional slab parking. Major updates include 2021 dual AC units, 2020 roof underlayment, 2021 dishwasher, and interior paint completed in 2023 for both the home and garages. Pleasant Valley is a gated community located at Lake Pleasant Parkway and Jomax Road in North Peoria. Paloma Park is nearby, and the Four Corners shopping and dining area at Happy Valley and Lake Pleasant Parkway is just minutes south, including Lake Pleasant Towne Center, Harkins Cinegrill, Fry's Marketplace, and Sprouts. Restaurants in the area include Cantina Gueros, Haymaker, Twisted Italian, and Lakeside Bar and Grill. Sunrise Mountain Trailhead and West Wing Mountain Preserve offer hiking for all skill levels, and Lake Pleasant Regional Park is a short drive north. The Loop 303 is approximately two miles south, connecting to the I-17 and providing access across the West Valley.
No exterior & parking available.
Grades K-8 • 1.6 mi
Grades 9-12 • 7.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 82% |
| Baths | 4.0 | 3.0 | 74% |
| Square foot | 3,115 | 2,519 | 73% |
| Lot Size | 21,251 | 7,500 | 95% |
| Price | $965.0K | $509.9K | 92% |
| Price per sq ft | $310 | $215 | 86% |
| Built year | 2003 | 2011 | 20% |
| HOA | $420 | $166 | 79% |
| Days on market | 6 | 2134 | 0% |
Apr 16, 2026
$965,000
Initial Listing