
Surprise, AZ 85387
Analysis of 31637 N 169TH Avenue, Surprise, AZ 85387 is currently available with a list price of $1,400,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Surprise Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property was built in 1996 and retains most of its original interior features, which are now nearly 30 years old. While the Hacienda-style home appears well-maintained and functional, the kitchen and bathrooms feature dated elements such as glass block shower walls, tiled countertops with decorative trim, and older cabinetry. The Saltillo tile flooring and textured walls are consistent with the era of construction. Although the listing mentions new irrigation and electrical upgrades for RVs, the residential living space has not undergone a comprehensive modern renovation, placing it firmly in the fair category based on age and stylistic obsolescence.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 397268, living area = 1512.
This turnkey ranch is a horse lover's dream, featuring two large arenas, a round pen, multiple corrals, and direct access to miles of riding trails, supported by a 15-year history of horse boarding.
The property consists of two separate 5-acre parcels with dual access points, allowing for a functional separation between the residential 'people side' and the professional equestrian operations.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =397268, other record lot size in square feet = 198634.
At 1,512 square feet, the 1996-built main residence is relatively small compared to the expansive acreage and may require expansion or updates to meet luxury buyer expectations.
The tractor does not convey with the property, necessitating an immediate capital investment by the buyer for the specialized equipment required to maintain the arenas and nearly 10 acres of land.
A TREE LINED HACIENDA EQUESTRIAN RANCH COMPLETE WITH LOTS OF LARGE CORRALS ROUND PEN TWO LARGE ARENAS AND COMPLETELY FENCED. SURROUNDED BY MILES AND MILES OF RIDING TRAILS. 2 SEPARATE 5 ACRE PARCELS ATTACHED. YOU CAN ENTER THE PROPERTY FROM 167TH AVE OR 169 AVE. ONE PARCEL FOR THE HORSES ONE FOR THE PEOPLE. ON THE PEOPLE SIDE THERE IS AN AMAZING 3 BED 2 BATH WITH A COURTYARD, FIREPLACE, AND HEATED SWIM SPA. BEHIND THAT YOU HAVE A 4 STALL SHOP AND 4 COVERED LARGE STALLS. NEW IRRIGATION SYSTEM TO BOTH PARCELS, ALL FURNITURE AND FIXTURES COME WITH PROPERTY. NEW 30 AMP SERVICE FOR RV HOOKUPS. ALL TREES ON THE PROPERTY HAVE THE IRRIGATION, YOU HAVE ORANGE, POMEGRANITE AND KEYLIME TREES. HORSE BOARDING FOR 15 YEARS TRACTOR DOES NOT CONVEY
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,512 | 1,988 | 20% |
| Lot Size | 397,268 | 7,000 | 100% |
| Price | $1.40M | $400.0K | 99% |
| Price per sq ft | $926 | $216 | 99% |
| Built year | 1996 | 2021 | 0% |
| HOA | $0 | $108 | 10% |
| Days on market | 101 | 265 | 0% |
Jan 12, 2026
$1,400,000
Initial Listing