
Carefree, AZ 85377
This Carefree Southwestern Condominium is a Prime Investment Opportunity listed at $475,000—positioned well below the $490,739 Fair Market Value by 3%. This valuation gap provides $15,739 in Instant Equity. Featuring soaring 10-foot ceilings, a split floor plan, and a newer HVAC system, the home maintains a Condition Rating of 4, offering a move-in ready interior with room for cosmetic personalization. Located steps from local galleries and served by top-rated schools like Black Mountain Elementary, it perfectly balances lifestyle and value. This is an ideal acquisition for Owner-Occupants or Seasonal Residents.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 37204 N TRANQUIL Trail 24 Subject | $415,000* List Price | 2 | 2 | 1,571 | $264 | - |
A 37222 N Tom Darlington Drive 12 Sold | $410,000 | 2 | 2 | 1,264 | $324 | 0.4 mi |
B 37210 N TRANQUIL Trail 9 Active | $459,000 List Price | 2 | 2 | 1,731 | $265 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995 (29 years old), the home is well-maintained and 'move-in ready' with a newer HVAC system (2 years old). However, the kitchen and bathrooms remain dated with original cabinetry, laminate countertops, and older white appliances, fitting the criteria for a property over 20 years old needing cosmetic updates.
Situated in the heart of Carefree, this home offers immediate access to local boutiques, art galleries, and dining, providing a highly desirable lifestyle and retreat-like atmosphere.
The property features soaring 10-foot ceilings, a split floor plan, and elegant French doors, creating an airy, light-filled environment that feels more expansive than a typical condominium.
With a heating and cooling system replaced approximately two years ago, buyers benefit from improved energy efficiency and the peace of mind of avoiding a major near-term capital expense.
The kitchen's galley layout, while functional, may feel restrictive to buyers who prefer modern, open-concept culinary spaces with central islands for entertaining.
With a lot size of only 231 square feet, private outdoor space is limited to a small patio, which may be a drawback for those seeking a private yard or significant gardening space.
Welcome to the heart of Carefree, where charm, tranquility, and timeless Southwestern character come together to create a truly special place to call home. There's something about driving into Carefree, you can feel the shift. Slower, more peaceful, almost like a retreat from the everyday. This beautifully situated townhome places you right in the center of it all, just moments from local boutiques, art galleries, dining, and the scenic desert landscapes that define the area. Opportunities like this are rare, whoever secures this home is truly in for a treat. Step inside to soaring 10-foot ceilings and an abundance of natural light that fills the space, creating an inviting atmosphere. Tile flooring flows throughout, complemented by a cozy fireplace anchoring the family room. The thoughtfully designed split floor plan offers both comfort and privacy, with elegant French doors enhancing the layout. The spacious primary suite is a true retreat, featuring an extended dual vanity, soaking tub, walk-in shower, and a private water closet. The galley-style kitchen is both functional and charming, offering additional space to sit, gather, and enjoy the natural light pouring in through the oversized window. A private door leads directly to your back patio, creating seamless indoor-outdoor living. Located near the community pool and surrounded by all that Carefree has to offer, this home is move-in ready with the opportunity to add your own personal touches. Plus, with an HVAC system approximately two years old, you'll enjoy added comfort and peace of mind.
No exterior & parking available.
Grades PK-6 • 3.1 mi
Grades 6-8 • 6.7 mi
Grades 9-12 • 3.4 mi
No sensitive facilities data found.
Jul 3, 2026
$415,000
$425,000
-2% Price Drop
Initial Listing
Jun 17, 2026
$425,000
$439,000
-3% Price Drop
Initial Listing
May 31, 2026
$439,000
$460,000
-5% Price Drop
Initial Listing
May 20, 2026
$460,000
$475,000
-3% Price Drop
Initial Listing
Apr 29, 2026
$475,000
Initial Listing