
Carefree, AZ 85377
This property presents a High-Potential Investment Opportunity with a List Price of $1,350,000—positioned well above the $1,102,681 Fair Market Value by -22%. While the home requires modernization due to its Condition Rating of 5, the expansive 43,125 sqft lot and panoramic mountain views offer significant upside for value-add renovations. Located near top-rated schools like Black Mountain Elementary, this residence is an ideal project for Buy-and-Hold Investors or Owner-Occupants seeking to customize a desert retreat in a prime Carefree location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 36802 N STARDUST Lane Subject | $1,350,000* List Price | 3 | 3 | 3,541 | $311 | - |
A 36618 N Wildflower Road Sold | $1,200,000 | 4 | 4 | 4,274 | $281 | 0.1 mi |
B 36444 N STARDUST Lane Pending | $995,000 List Price | 4 | 3 | 3,403 | $292 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1989, the property is 35 years old, which falls into the Poor category (>30y). While the exterior and flooring appear well-maintained, the interior architecture—including the turned-wood railings and built-in shelving—is dated. Without evidence of recent renovations to the kitchen, bathrooms, or major systems (HVAC/Electric), the property likely requires significant updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43125, living area = 3541.
Situated in the high Sonoran Desert, the property offers a tranquil retreat with boulder-studded landscapes and exceptional dark-sky views that define the Carefree lifestyle.
The nearly one-acre lot (43,125 sqft) provides significant privacy and space, creating a true 'escape' atmosphere while remaining minutes from town amenities.
Built in 1989, the property may require cosmetic or mechanical updates to align with the contemporary luxury standards expected at the $1.35M price point.
The assigned public schools are located between 4.8 and 7.6 miles away, which may be a consideration for families prioritizing proximity to educational facilities.
Some addresses you buy. Stardust Lane, you escape to. Tucked into the high Sonoran Desert where Carefree earned its name, this 3,541-square-foot retreat trades traffic noise for coyote song and streetlights for the darkest, starriest skies in the Valley. Mornings start with saguaro silhouettes and coffee on the patio while the McDowells turn pink. Evenings end under a sky so clear the street name finally makes sense. Inside, three bedrooms and three baths live large, windows pull the boulder-studded landscape into every room, so the desert isn't your view, it's your co-star. The primary suite feels large & comfy. And when you do want civilization, you're minutes from Carefree's town center- coffee roasters, galleries, & wine bistros. see now before someone claims the stars!
No exterior & parking available.
Grades PK-6 • 4.8 mi
Grades 6-8 • 7.6 mi
Grades 9-12 • 5.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,541 | - |
| Lot Size | 43,125 | - |
| Price | $1.35M | $1.36M |
| Price per sq ft | $381 | $331 |
| Built year | 1989 | 0 |
| HOA | $60 | $0 |
| Days on market | 15 | 1385 |
Jul 7, 2026
$1,350,000
Initial Listing