42811 N 21st Street, New River, AZ 85087, New River, 85087 - 3 bed, 2 bath
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New River, AZ 85087
This Updated Desert Estate is a Strong Value Opportunity, listed at $699,000—positioned well below the $742,110 Fair Market Value by 5%. This valuation gap offers $43,110 in Instant Equity for buyers. The residence holds a Good Condition Rating, featuring a modernized Granite Kitchen and new flooring throughout. Situated on an Expansive 2.5-Acre Lot, the property boasts a Pool, Spa, and Sauna with breathtaking mountain views. This is an ideal opportunity for Owner-Occupants seeking a private sanctuary or Buy-and-Hold Investors looking for a high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42811 N 21st Street Subject | $699,000* List Price | 3 | 2 | 2,420 | $307 | - |
A 42812 N 22ND Street Active Under Contract | $679,000 List Price | 4 | 2 | 2,240 | $303 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This property is in move-in ready condition with several recent updates that modernize its 2000 build date. The interior features new wood-look flooring throughout, fresh paint, and an upgraded kitchen with shaker-style cabinets, granite countertops, and stainless steel appliances. While the bathrooms have been partially remodeled and the home is well-maintained, it falls into the 'good' category rather than 'excellent' as it is over 20 years old and features some original components alongside the updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 108900, living area = 2420.
The property features an impressive suite of outdoor amenities including a refreshing pool, hot tub, sauna, and a rooftop deck designed to maximize the stunning Sonoran Desert and mountain views.
With over two acres of land, this property offers exceptional privacy and significant versatility for the addition of a workshop, horse facilities, or other custom outbuildings.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =108900, other record lot size in square feet = 109118.
The home currently features a carport rather than a traditional enclosed garage, which may be a concern for buyers prioritizing secure vehicle storage or climate-controlled workspace.
While offering peace and quiet, the property's tucked-away location in New River may result in longer commute times to major metropolitan employment hubs and retail centers.
Tucked away in a quiet Sonoran Desert valley away from the noise and bustle, this beautiful New River home on 2.5 ac offers the perfect blend of privacy and utility! Come relax & unwind in the refreshing pool, hot tub, and adjacent sauna; and enjoy the views from the roof top deck! The home features thoughtful updates including new flooring throughout, upgraded kitchen cabinets, granite cntp, fresh paint, remodeled bath; all creating a move-in ready home! You'll love the sitting room & breakfast nook with numerous north facing picture windows letting in soft AZ sunlight! The kitchen conveniently sits between the large family & living rooms providing easy access. The deep carport can be converted into a garage if one desires. Room to add a workshop, horse facilities & more!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 2.0 | 3.0 | 47% |
| Square foot | 2,420 | 2,466 | 48% |
| Lot Size | 108,900 | 13,233 | 96% |
| Price | $699.0K | $595.0K | 68% |
| Price per sq ft | $289 | $242 | 69% |
| Built year | 2000 | 2006 | 22% |
| HOA | $0 | $69 | 44% |
| Days on market | 47 | 988 | 1% |
Mar 6, 2026
$699,000
Initial Listing