31933 N 124TH Drive, Peoria, AZ 85383, Peoria, 85383 - 4 bed, 3 bath
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Peoria, AZ 85383
This Stunning Move-In Ready Home is a High-Potential Investment Opportunity, listed at $493,900—positioned well below the $511,672 Fair Market Value by 3%. This valuation gap offers $17,772 in Instant Equity for the buyer. Featuring a Mint Condition Rating, this 2021 build includes a Gourmet Kitchen with granite countertops and a premium lot with 180-degree mountain views. This property is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or Buy-and-Hold Investors looking for a modern, low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31933 N 124TH Drive Subject | $493,900* List Price | 4 | 3 | 1,967 | $260 | - |
A 32591 N 122ND Avenue Sold | $520,570 | 3 | 2 | 1,760 | $296 | 0.5 mi |
B 32597 N 122ND Lane Sold | $584,990 | 4 | 3 | 2,373 | $247 | 0.5 mi |
C 31995 N 124TH Drive Active | $499,000 List Price | 4 | 3 | 1,967 | $254 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this home is less than 5 years old and meets the criteria for mint condition with no maintenance required. The property features a gourmet kitchen with granite countertops, modern electrical and utility systems as seen in exterior photos, and high-end finishes including travertine flooring and contemporary hardware.
Situated on a unique corner lot, this property offers exceptional 180-degree mountain views and a professionally upgraded backyard with travertine flooring and fruit trees.
The high-end kitchen features granite countertops, a walk-in pantry, a reverse osmosis system, and a spacious peninsula, providing a functional and elegant culinary space.
Built in 2021, the home includes contemporary enhancements such as an extended garage, 8-foot sliding glass doors, and a private master suite exterior entrance.
The 5,687 square foot lot is relatively modest, which may limit the potential for significant outdoor expansions or large-scale private amenities.
The monthly association fee of $185 adds a notable recurring expense that may impact the overall monthly carrying costs for some buyers.
Location, location!! This stunning residence is perfectly situated on a unique, PREMIUM LOT on a corner with breathtaking mountain views and a backyard featuring fruit trees, a covered patio with travertine flooring, and a gas line ready for you to build your BBQ or hot tub. The garage has been extended 2''. The master bed has an exterior door leading to the backyard. This well-designed floor plan makes the most of every inch. It boasts 4 bedrooms, den and 2.5 bathrooms. This charming and spacious great room has 8' sliding doors that open to a beautiful 180-degree view of the mountains! Elegant light fixtures. The gourmet kitchen with granite countertops, includes a reverse osmosis system, a walk-in pantry, and spacious peninsula.
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 | 1,967 | - |
| Lot Size | 5,687 | - |
| Price | $493.9K | $553.1K |
| Price per sq ft | $251 | $267 |
| Built year | 2021 | 0 |
| HOA | $185 | $0 |
| Days on market | 57 | 2418 |
May 27, 2026
$493,900
Initial Listing