
New River, AZ 85087
This 2023-Built Desert Residence is a Prime Investment Opportunity, listed at $565,000—positioned well below the $630,107 Fair Market Value by 10%. This valuation gap provides $65,107 in Instant Equity for the buyer. Boasting an Excellent Condition Rating, the home features panoramic mountain views, a whole-home standby generator, and a large detached garage. The 1.18-acre lot offers significant expansion potential for a guest house or workshop without HOA restrictions. This rare find is perfect for Owner-Occupants seeking off-grid resilience or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42605 N 6TH Avenue Subject | $565,000* List Price | 3 | 3 | 1,981 | $318 | - |
A 43006 N 3RD Avenue Sold | $540,000 List Price | 3 | 2 | 1,881 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2023, making it nearly brand new and well within the 5-year window for an excellent rating. The interior features modern designer cabinetry with 42-inch uppers, stainless steel appliances, and contemporary tile flooring throughout. The home includes high-quality mechanical systems such as a whole-home standby generator and a 500-gallon propane system, ensuring all components meet current standards with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 51221, living area = 1981.
Built in 2023, this home features a whole-home standby generator and a 500-gallon propane system, providing exceptional utility reliability and modern energy efficiency.
The 1.18-acre lot includes an undeveloped east half and no HOA, offering a rare opportunity to build a guest house, horse facilities, or additional structures.
While offering privacy and mountain views, the property's location in New River may result in longer commute times to major Phoenix employment hubs and urban amenities.
The undeveloped portion of the large lot may require significant additional investment in grading and landscaping to achieve a fully finished and cohesive look.
Pro Photos Coming Soon!! Built in 2023, this 3-bed/2.5-bath, home on 1.18 acres with a large detached garage delivers panoramic mountain views and modern desert living in New River, AZ. A whole-home standby generator backed by a 500-gallon propane system keeps the water heater, dryer, and range running -- true off-grid resilience. Designer cabinetry with 42'' uppers and tile floors throughout create a clean, contemporary feel. Detached garage is perfect for a workshop or extra parking. Security doors on every exterior entry let you enjoy Sonoran Desert air safely. The undeveloped east half of the lot offers room to build, expand, or add a guest house. Minutes from I-17 with easy access to Phoenix -- without sacrificing peace and privacy. Rare 2023-built acreage home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,981 | 2,437.5 | 28% |
| Lot Size | 51,221 | 14,508 | 72% |
| Price | $565.0K | $595.0K | 44% |
| Price per sq ft | $285 | $245 | 67% |
| Built year | 2023 | 2007 | 93% |
| HOA | $0 | $63 | 45% |
| Days on market | 44 | 1043 | 1% |
Mar 13, 2026
$565,000
Initial Listing