31340 N 138TH Avenue, Peoria, AZ 85383, Peoria, 85383 - 5 bed, 5 bath
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Peoria, AZ 85383
This Multigenerational Luxury Residence is a Prime Investment Opportunity, listed at $844,990—positioned well below the $876,068 Fair Market Value by 3%. This valuation gap provides $31,078 in Instant Equity. Boasting a Good Condition Rating, the home features a rare 1-bedroom casita, a gourmet kitchen, and a sparkling pool with mountain views. Located near 7/10 rated Lake Pleasant Elementary, it offers a premium lifestyle in the Vistancia community. This is an ideal acquisition for Multigenerational Families or Owner-Occupants seeking a versatile, move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31340 N 138TH Avenue Subject | $844,990* List Price | 5 | 5 | 4,149 | $211 | - |
A 31102 N 137TH Lane Sold | $750,000 | 4 | 3 | 2,913 | $257 | 0.2 mi |
B 13803 W CALLE DE BACA -- Sold | $599,990 List Price | 4 | 4 | 2,694 | 0.3 mi | |
C 31635 N 138TH Lane Sold | $682,470 | 4 | 4 | 2,750 | $248 | 0.2 mi |
D 13763 W CREOSOTE Drive Active | $849,950 List Price | 4 | 4 | 3,940 | $216 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2014, the property is approximately 12 years old, placing it firmly in the 'Good' category. The interior is well-maintained and move-in ready, featuring a functional gourmet kitchen with granite countertops and stainless steel appliances. Systems and finishes appear original but in high-quality condition with no visible deferred maintenance.
The property features a rare, self-contained 1-bedroom casita with its own private entrance and kitchen, providing an ideal and private solution for guests or extended family living.
The backyard is an entertainer's dream, featuring a sparkling pool with a fountain, a built-in grill and hibachi station, and scenic desert and mountain views.
Built in 2014, the home showcases high-end architectural details including a curved staircase, a gourmet kitchen with granite countertops, and multi-sliding doors that create a seamless indoor-outdoor flow.
With a substantial 4,149 square foot interior on a 7,867 square foot lot, the remaining yard space is relatively compact once the pool and patio are accounted for.
The monthly association fee of $351 is relatively high, which may be a consideration for budget-conscious buyers looking at long-term carrying costs.
Designed for multigenerational living, this one-of-a-kind luxury home offers 5 beds/4.5 baths including a rare 1-bedroom casita with private entrance & kitchen. • Ideal for guests or extended family, the casita makes multigenerational living easy and private. In-law Suite • The main home showcases a curved staircase, gourmet kitchen with granite counters, gas cooktop, island, built-in oven & oversized pantry. • A multi-sliding door in the great room opens to a covered patio with grill & hibachi. • Enjoy the sparkling pool and fountain, desert views & sunsets. • Oversized primary suite boasts large bath & walk-in closet. • Tile floors down, hardwood & carpet up. A true lifestyle home for multigenerational living.
No exterior & parking available.
Grades PK-8 • 0.8 mi
Grades PK-8 • 1.8 mi
Grades PK-8 • 5.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 82% |
| Baths | 5.0 | 3.0 | 95% |
| Square foot | 4,149 | 2,519 | 94% |
| Lot Size | 7,867 | 7,500 | 55% |
| Price | $845.0K | $507.4K | 89% |
| Price per sq ft | $204 | $214 | 45% |
| Built year | 2014 | 2011 | 56% |
| HOA | $351 | $166 | 75% |
| Days on market | 2 | 2134 | 0% |
Apr 20, 2026
$844,990
Initial Listing