
New River, AZ 85087
This Spacious Multi-Generational Residence is a High-Potential Investment Opportunity, listed at $650,000—positioned well below the $673,611 Fair Market Value by 3%. This valuation gap offers $23,611 in Instant Equity. The property maintains a Condition Rating of 3, featuring updated cabinetry and a functional layout. With a massive 3-acre lot, private well, and walk-out basement, it provides significant utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking flexible living space with mountain views.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3442 W MEANDER Road Subject | $645,000* List Price | 4 | 3 | 2,400 | $279 | - |
A 3020 W TWIN PEAKS Lane Sold | $599,000 List Price | 3 | 3 | 2,300 | 0.7 mi | |
B 46607 N 35TH Avenue Active | $675,000 List Price | 2 | 3 | 2,042 | $331 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1969, the property shows clear evidence of a mid-range renovation (likely 5-15 years ago). The kitchen features updated grey cabinetry and stainless steel appliances, and the interior has been refreshed with modern paint and functional tile flooring. The roof-mounted HVAC system appears relatively modern, and the overall condition is move-in ready and well-maintained.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 123024, living area = 2400.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2400, other record living area = 1776.
Escape the city and enjoy cooler temperatures, mountain views, and nearly 3 acres of Arizona freedom--just minutes from Anthem's shopping, dining, schools, and everyday conveniences. This unique New River property features a private well and a flexible floor plan ideal for multi-generational living. The main level offers 2 bedrooms and 2 bathrooms, while the finished walk-out basement includes 2 additional bedrooms, a bathroom, kitchenette, family room, and separate entrance potential. Outside you'll find a large workshop with electricity, RV parking with 30-amp service and water hookup, and plenty of room for horses, RVs, and toys. Enjoy spectacular sunsets, star-filled skies, and the privacy that makes New River so desirable.
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 | 2,400 | - |
| Lot Size | 123,024 | - |
| Price | $645.0K | $693.8K |
| Price per sq ft | $269 | $278 |
| Built year | 1969 | 0 |
| HOA | $0 | $0 |
| Days on market | 27 | 984 |
Jul 17, 2026
$645,000
$650,000
-1% Price Drop
Initial Listing
Jun 25, 2026
$650,000
Initial Listing