31126 N 131ST Drive, Peoria, AZ 85383, Peoria, 85383 - 4 bed, 3 bath
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Peoria, AZ 85383
This Spacious Vistancia Residence is a Strong Value Opportunity, listed at $539,900—positioned well below the $579,812 Fair Market Value by 6%. This valuation gap offers $39,912 in Instant Equity for the incoming buyer. Maintaining a Good Condition Rating, the home features an owned solar system, granite kitchen, and a versatile three-car garage. The premium lot includes a private spa and backs directly onto a scenic greenbelt. Located within walking distance of top-rated Lake Pleasant Elementary, this property is ideal for Owner-Occupants or growing families seeking a turnkey lifestyle with immediate financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31126 N 131ST Drive Subject | $509,900* List Price | 4 | 3 | 2,754 | $185 | - |
A 13803 W CALLE DE BACA -- Sold | $599,990 List Price | 4 | 4 | 2,694 | 0.9 mi | |
B 30889 N 128TH Drive Sold | $474,990 List Price | 4 | 3 | 2,944 | 0.4 mi | |
C 31232 N 132ND Lane Sold | $396,999 List Price | 4 | 2 | 2,067 | 0.2 mi | |
D 13145 W WHISPER ROCK Trail Sold | $359,000 List Price | 3 | 3 | 2,478 | 0.3 mi | |
E 30263 N 130TH Glen Sold | $662,620 List Price | 4 | 5 | 3,233 | 0.5 mi | |
F 12744 W LONE TREE Trail Sold | $505,000 | 3 | 2 | 2,112 | $239 | 0.9 mi |
G 12855 W MILTON Drive Active | $560,000 List Price | 4 | 3 | 2,375 | $236 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property is in well-maintained, move-in-ready condition. The kitchen features desirable granite countertops and updated stainless steel appliances, though the light wood cabinetry reflects the original construction style. The flooring, consisting of large-format tile and neutral carpeting, appears to be in good shape. Significant value-add features include an owned solar system and a newer water softener/RO system (3 years old). While the home has not undergone a full modern renovation, its systems and finishes are functional and well-preserved, fitting the criteria for a 'good' rating.
The property features a fully owned solar system, providing significant long-term utility savings and immediate home equity without the complication of a lease.
With 2,754 square feet including a loft, office, and playroom, plus a three-car garage, the home offers exceptional flexibility for large families and remote work.
Backing to a scenic green belt, the property ensures enhanced privacy and a tranquil outdoor environment featuring a spa and low-maintenance desert landscaping.
Built in 2006, major components such as the roof and HVAC systems may be approaching the end of their typical lifespan, potentially requiring near-term capital investment.
The $372 association fee represents a significant recurring carrying cost that buyers must factor into their monthly budget compared to other local neighborhoods.
This four bed, three bath, two story home with family room, dining room, breakfast nook, play room, loft and office provides space for everyone. Large kitchen with island, breakfast bar, stainless appliances and granite counters. Two car garage plus bonus one car garage for shop or your toys. Other features include water softener and R/O system (3 years new), c-fans and window coverings throughout. Spacious backyard with low maintenance desert landscaping, artificial turf, spa, citrus trees, and pavers., Home backs to green belt. Own Your Energy & Build Equity! Owned solar system means lower future energy costs and instant value. Save on utilities from day one while investing in a home that grows your equity -- smart, sustainable, and ready for you!
No exterior & parking available.
Grades PK-8 • 0.2 mi
Grades PK-8 • 1.0 mi
Grades PK-8 • 5.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,754 | 2,519 | 62% |
| Lot Size | 8,100 | 7,500 | 58% |
| Price | $509.9K | $509.9K | 50% |
| Price per sq ft | $185 | $214 | 42% |
| Built year | 2006 | 2011 | 38% |
| HOA | $372 | $166 | 78% |
| Days on market | 73 | 2135 | 0% |
Apr 21, 2026
$509,900
$529,900
-4% Price Drop
Initial Listing
Apr 15, 2026
$529,900
$539,900
-2% Price Drop
Initial Listing
Feb 9, 2026
$539,900
Initial Listing