31853 N 124TH Drive, Peoria, AZ 85383, Peoria, 85383 - 3 bed, 2 bath
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Peoria, AZ 85383
This Turnkey Single-Level Home represents a Strong Value Opportunity, listed at $465,000—positioned well below the $494,318 Fair Market Value by 5%. This valuation gap provides $29,318 in Instant Equity for the buyer. Featuring a Condition Rating of 2, this 2021 build includes premium Granite Kitchen finishes, wood-look tile, and active builder warranties. With a split floor plan and scenic Mountain Views, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a modern, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31853 N 124TH Drive Subject | $465,000* List Price | 3 | 2 | 1,761 | $281 | - |
A 31855 N 132ND Avenue Sold | $555,000 | 3 | 2 | 2,010 | $276 | 0.9 mi |
B 12082 W CALLE DE POMPAS -- W Sold | $534,990 | 4 | 3 | 2,246 | $238 | 0.4 mi |
C 12402 W CASSIA Trail Active | $484,088 List Price | 3 | 2 | 1,761 | $275 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this property is less than 10 years old and in mint condition. The interior features modern finishes including granite countertops, wood-look tile flooring, and shaker-style cabinetry. Systems and appliances are nearly new, and the listing notes that builder warranties are still in place.
Built in 2021, this home offers the benefits of contemporary construction standards and still carries active builder warranties, providing peace of mind and lower maintenance risks compared to older inventory.
The property is move-in ready with high-end finishes including wood-look tile flooring, custom wood shutters, granite countertops, and soaring 9-foot ceilings that elevate the luxury feel beyond standard new-build specs.
The highly desirable split floor plan includes a den with a closet for flexible use as a fourth bedroom, while the lot positioning captures beautiful mountain views that enhance the home's overall value.
At 5,175 square feet, the lot is relatively small, which may limit outdoor recreational space and privacy for buyers seeking a more expansive backyard.
The $185 association fee represents an additional monthly carrying cost that may impact the total affordability for budget-conscious buyers within this master-planned community.
Welcome to 31853 N 124th Drive where luxury meets comfort and convenience! BETTER than the new builds AND with Builder Warranties still in place! Get ALL The Upgrades on this Beautiful, Single-Level Home in Mystic at Lake Pleasant. It is a true show stopper! This light and bright 3-bedroom + den (with closet), 2-bathroom home offers 1,761 sq ft of thoughtfully designed living space and a highly desirable split floor plan. Located in the sought-after community of Mystic at Lake Pleasant, this home features wood-look tile throughout, plush carpet in the bedrooms, wood shutters, and soaring 9 ft ceilings. The spacious great room flows seamlessly into the open-concept kitchen, complete with granite countertops,
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,761 | - |
| Lot Size | 5,175 | - |
| Price | $465.0K | $553.1K |
| Price per sq ft | $264 | $267 |
| Built year | 2021 | 0 |
| HOA | $185 | $0 |
| Days on market | 21 | 2418 |
Jul 1, 2026
$465,000
Initial Listing