42618 N 3RD Avenue, New River, AZ 85087, New River, 85087 - 4 bed, 3 bath
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New River, AZ 85087
This Custom Equestrian Estate is listed at $999,000, offering exceptional value right at its $963,049 Fair Market Value. Boasting a Good Condition Rating, the home features significant recent capital improvements, including a 2024 HVAC replacement, 2025 roof recoating, and a new pool built in 2022. The 1.06-acre lot provides stunning mountain views, a 4-stall horse setup, and a large covered patio with an exterior fireplace. This move-in-ready sanctuary is the ideal lifestyle choice for equestrian enthusiasts or Owner-Occupants seeking a private desert retreat with no HOA.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42618 N 3RD Avenue Subject | $999,000* List Price | 4 | 3 | 3,160 | $305 | - |
A 553 W Cavalry Road Active | $779,000 List Price | 4 | 3 | 2,167 | $359 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in-ready condition and fits the 'Good' criteria perfectly, being approximately 20 years old (built 2005) with significant recent maintenance. Major systems have been addressed, including a 2024 HVAC replacement and a 2025 roof recoating. The interior features high-quality materials like hickory cabinets, granite countertops, and stainless steel appliances that, while reflecting the original build style, are well-maintained. The addition of a new pool in 2022 and fresh paint further supports a high level of upkeep with no immediate renovation required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 46325, living area = 3160.
The property is fully equipped for horse enthusiasts with four stalls, a round pen, and direct access to bordering state land, complemented by a newly installed pool from 2022.
Extensive recent maintenance, including a 2024 master HVAC replacement, 2025 roof recoating, and fresh interior/exterior paint, ensures the home is in move-in-ready condition with reduced immediate overhead.
While many systems are updated, certain components like the 2019 water heater and original 2005 construction elements may be approaching the end of their typical lifecycle.
The New River location, while offering privacy and mountain views, may result in longer commute times to major employment hubs and metropolitan services in the Phoenix area.
Looking for views and privacy? Custom home with no HOA, pride of ownership, move in ready. Stunning mountain views, level usable land, no flood zone, paved roads, border state land! Split floor plan with spacious kitchen open to great, large kitchen island, 4 bedrooms, 3 baths, 4 car garage. Highly upgraded with tile flooring, hickory cabinets, granite countertops, stainless steel appliances including fridge, gas cooktop, 3 fireplaces. Master suite with separate exit to back patio, double sinks, jetted tub, large walk-in closet. New interior, exterior paint, master HVAC replaced 2024, roof recoated 2025, water heater 2019, new pool built in 2022. Horse set up, 4 stalls with water, round pen. Large covered patio with exterior fireplace. $10K closing cost concessions with full price offer Home warranty included. Lot coverage 25%, additional 5,000 sf can be build on this lot, RV garage, guest house, workshop
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,160 | 2,483 | 86% |
| Lot Size | 46,325 | 13,792.5 | 70% |
| Price | $999.0K | $595.0K | 94% |
| Price per sq ft | $316 | $242 | 82% |
| Built year | 2005 | 2006 | 40% |
| HOA | $0 | $66 | 44% |
| Days on market | 28 | 1039 | 1% |
Mar 25, 2026
$999,000
Initial Listing