31674 N 123RD Avenue, Peoria, AZ 85383, Peoria, 85383 - 4 bed, 3 bath
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Peoria, AZ 85383
This Modern Turnkey Residence is a Strong Value Opportunity, listed at $640,000—positioned well below the $652,828 Fair Market Value by 2%. This valuation gap offers $12,828 in Instant Equity for the buyer. Featuring a Mint Condition Rating, this 2023-built home includes a gourmet kitchen, solar panels, and unobstructed mountain views. Its energy-efficient design and premium lot location provide a high-quality lifestyle. This property is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31674 N 123RD Avenue Subject | $640,000* List Price | 4 | 3 | 2,375 | $275 | - |
A 12546 W VIA CABALLO BLANCO -- Active | $615,000 List Price | 4 | 3 | 2,468 | $249 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this home is in mint condition and well under the 10-year threshold. It features modern systems like solar panels and a tankless water heater, along with a gourmet kitchen featuring quartz counters and custom cabinetry, requiring zero maintenance.
The property is situated on a rare lot backing to a natural wash with a premium view fence, offering unobstructed mountain sunset views and enhanced privacy.
As a 2023 build, the home is equipped with solar panels and a tankless water heater, providing significant long-term savings on utility costs in the Arizona climate.
The home features a gourmet kitchen with quartz countertops and custom cabinetry, complemented by a versatile split floor plan and a dedicated flex room for an office or gym.
The 3-car garage is a tandem layout, which is often considered less convenient than a side-by-side configuration for households with multiple daily drivers.
With 43 days on the market and a recorded price change, the property may be facing challenges with its initial valuation relative to current buyer demand in the Peoria area.
Rare view lot in Mystic at Lake Pleasant Heights. This 2023-built, 4-bed/3-bath home backs to a natural wash behind a premium view fence -- mountain sunsets every day. Inside, the split floor plan and flex room (office, gym, or playroom) give every member of the household their own space, while the open-concept gourmet kitchen -- quartz counters, oversized island, custom cabinetry, expanded pantry -- anchors the home for everyday living and entertaining. Solar panels and a tankless water heater keep utility costs low in true Arizona-efficient fashion. 3-car tandem garage, 9'+ ceilings. Minutes from the community pool, playground, and walking trails.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,375 | - |
| Lot Size | 7,200 | - |
| Price | $640.0K | $553.1K |
| Price per sq ft | $269 | $267 |
| Built year | 2023 | 0 |
| HOA | $185 | $0 |
| Days on market | 68 | 2418 |
May 16, 2026
$640,000
Initial Listing