
Phoenix, AZ 85086
This Turnkey Equestrian Estate is a High-Potential Investment Opportunity, listed at $1,125,000—positioned well below the $1,180,556 Fair Market Value by 4%. This valuation gap offers $55,556 in Instant Equity. Featuring a Condition Rating of 3, the property includes a private well, riding arena, and metal workshop. While the interior offers a Granite Kitchen, the home provides a stable, move-in ready lifestyle. This is an ideal acquisition for Equestrian Enthusiasts or Owner-Occupants seeking a scenic, functional desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38212 N 19TH Avenue Subject | $1,125,000* List Price | 3 | 2 | 1,893 | $533 | - |
A 38323 N 25TH Avenue Sold | $860,000 | 3 | 2 | 1,987 | $433 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1997, the property is well-maintained and move-in ready. It features significant updates including a new HVAC system, granite countertops, stainless steel appliances, and updated wood-look flooring. While the oak cabinetry is dated, the home is functional and requires no immediate repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 95701, living area = 1893.
This 2.2-acre property is a turnkey horse setup featuring a barn, mare motel, 14+ stalls, a riding arena, and a round pen, catering perfectly to serious equestrian enthusiasts.
The property includes a massive 30' x 40' metal workshop, a private well, and recent mechanical upgrades including a new A/C system and a new variable-speed pool pump.
At 1,893 square feet, the residential living space is relatively small compared to the $1.125M price point, which may limit appeal for buyers seeking a larger primary residence.
Built in 1997, the home may require additional cosmetic or structural modernizations to fully align with contemporary luxury standards expected in this price bracket.
Rare 2.2-acre Desert Hills horse property with mountain and sunset views in one of the area's premier equestrian communities. Ideally located minutes from Cave Creek with easy access to Scottsdale and Wickenburg, this turnkey, income-producing horse facility features a barn and mare motel with 14+ large stalls, spacious turnouts, an LED-lit 80' x 130' arena, LED-lit round pen, and 30' x 40' metal workshop. Shade trees, separate small-animal fencing, and miles of nearby riding and hiking trails complete the property. The home offers vaulted ceilings, granite countertops, stainless steel appliances, and a private well. Relax by the pool with a new variable-speed pump, entertain with the built-in BBQ, and live, ride, and earn income from one exceptional property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,893 | 1,820.548 |
| Lot Size | 95,701 | 7,305.343 |
| Price | $1.12M | $470.3K |
| Price per sq ft | $594 | $279 |
| Built year | 1997 | 1986 |
| HOA | $0 | $186 |
| Days on market | 100 | 67 |
Jun 1, 2026
$1,125,000
Initial Listing