27820 N LUCERO Drive, Rio Verde, AZ 85263, Rio Verde, 85263 - 3 bed, 3 bath
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Rio Verde, AZ 85263
This Southwest Territorial Golf Course Estate is listed at $1,075,000, aligning perfectly with its $1,075,000 Fair Market Value. Situated directly on the 6th Fairway Peaks Golf Course, the property boasts a massive 26,559 sqft Lot—one of the largest in the community. While maintaining a Fair Condition Rating with well-preserved 1998 finishes, the home offers a resort-style experience featuring a Heated Spool and Fire-pit. Located within the Fountain Hills Unified District, this gated 55+ community residence represents a stable, high-quality acquisition for Active Retirees or Seasonal Residents seeking a premium desert lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27820 N LUCERO Drive Subject | $975,000* List Price | 3 | 3 | 3,078 | $317 | - |
A 26601 N AGUILA Road Sold | $910,000 | 3 | 4 | 3,000 | $303 | 0.8 mi |
B 18525 E PICACHO Road Sold | $1,190,000 | 3 | 3 | 3,343 | $356 | 0.7 mi |
C 19028 E PICACHO Road Sold | $1,100,000 | 3 | 2 | 3,337 | $330 | 1.0 mi |
D 18710 E POCO RIO Drive Sold | $865,000 | 3 | 3 | 2,863 | $302 | 0.9 mi |
E 18513 E AGUA VERDE Drive Active | $1,095,000 List Price | 3 | 3 | 2,820 | $388 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, this property is well-maintained but largely retains its original finishes, which are now over 25 years old. The kitchen features dated wood cabinetry and tile countertops, and the Saltillo tile flooring and heavy window valances reflect the style of the late 90s. While the home is move-in ready and features some updates like new epoxy garage flooring, the lack of significant modern renovations to the kitchen and bathrooms aligns with the 'fair' condition criteria for homes of this age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 26559, living area = 3078.
Situated on the 6th fairway of the Peaks golf course, this property occupies one of the largest lots in Tonto Verde, offering both exceptional privacy and expansive views.
The private patio is a standout feature, equipped with a heated spool, water feature, fire-pit, built-in BBQ, and a mechanical sun shade for year-round entertainment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3078, other record living area = 3492.
Built in 1998, the Southwest Territorial style and Saltillo tile flooring may feel dated to modern buyers and could require significant investment to update to contemporary tastes.
The property is located a considerable distance from major schools and urban centers, which may be a drawback for residents who desire quick access to city amenities and services.
Southwest Territorial home built in1998 on one of the largest lots in Tonto Verde. Two Bedrooms, Office or 3rd Bedroom, 3 Baths, Open Kitchen with Great room, Formal & Casual Dining, Split Floorplan, Game Room with portable bar. Saltillo Tile flooring thru out, high ceilings, gas fireplace. Interior doors are 6'8'' Solid Wood Doors. Located on the 6th fairway of the Peaks golf course. Private Patio with heated spool, water feature, fire-pit, built-in BBQ & mechanical sun shade. Large 3 car garage plus golf cart garage w/ new Epoxy flooring. Owner has a Pass Thru Golf Membership available. Two Championship Golf Courses and 18 hole all grass Putting Course. New Pickle Ball courts. Tonto Verde is an 55+ Adult Gated Community with a fully equipped Clubhouse and panoramic views!!
No exterior & parking available.
Grades 4-5 • 8.0 mi
Grades PK-3 • 8.6 mi
Grades K-6 • 15.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,078 | 2,813.5 | 75% |
| Lot Size | 26,559 | 15,924 | 94% |
| Price | $975.0K | $744.0K | 69% |
| Price per sq ft | $317 | $316 | 50% |
| Built year | 1998 | 2001 | 41% |
| HOA | $2731 | $2.2K | 66% |
| Days on market | 180 | 1767 | 9% |
Apr 18, 2026
$975,000
$1,075,000
-9% Price Drop
Initial Listing
Oct 28, 2025
$1,075,000
Initial Listing