43211 N 16TH Street, New River, AZ 85087, New River, 85087 - 4 bed, 3 bath
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New River, AZ 85087
This Rare Multi-Generational Estate is a High-Potential Investment Opportunity, listed at $897,000—positioned well below the $1,056,481 Fair Market Value by 15%. This valuation gap provides $159,481 in Instant Equity. Featuring a Well-Maintained Condition Rating, the property includes a newly renovated casita, a fenced pool, and mountain views. With low-interest seller financing and a 7-car shop capacity with RV hookups, the infrastructure is exceptional. This is an ideal acquisition for Multi-Generational Families or Lifestyle Buyers seeking a versatile desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43211 N 16TH Street Subject | $897,000* List Price | 4 | 3 | 3,246 | $325 | - |
A 43415 N 22nd Street Sold | $650,000 | 4 | 3 | 3,336 | $195 | 0.8 mi |
B 43908 N 10TH Street Sold | $730,000 | 4 | 3 | 2,455 | $297 | 0.9 mi |
C 43908 N 10TH Street Sold | $730,000 | 4 | 3 | 2,455 | $297 | 0.9 mi |
D 43011 N 18th Street Active Under Contract | $1,050,000 List Price | 4 | 3 | 3,167 | $332 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1989, the property is well-maintained and move-in ready. While the main structure is 35 years old, the property features a newly expanded and renovated casita with a brand-new kitchen. The main house shows updates such as wood-look flooring and clean finishes, and the extensive infrastructure (multiple shops/garages and RV hookups) appears functional and well-kept, meeting the criteria for a well-maintained, functional home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 100798, living area = 3246.
The availability of low-interest seller carry-back financing offers a significant financial advantage, providing a more accessible path to homeownership in a high-interest market.
The estate features a newly expanded and renovated casita with a full kitchen and private pool access, making it ideal for extended family or as a high-end rental income opportunity.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3246, other record living area = 2958.
Built in 1989, the main residence may require ongoing maintenance or further cosmetic updates to align the original structure with the modern standards of the newly renovated casita.
Situated in the unincorporated area of New River, the property's secluded setting may result in longer commute times and limited immediate access to urban amenities and shopping centers.
SELLER FINANCING AVAILABLE | Low Interest Rate! | Rare Multi-Generational Estate Experience unparalleled versatility on this stunning 2.3+ acre park-like estate in New River. This property offers the incredible opportunity of Low-Interest Seller Carry-Back Financing, providing a path to homeownership that is as attractive as the home itself. THE RESIDENCE; Spanning over 3,200 sq. ft., the main home features a tasteful mid-century modern aesthetic with a grand double-door entry and a cozy floor-to-ceiling fireplace. The layout is designed for flexibility, offering 2 spacious Primary Suites & a third bedroom ideally situated to serve as a private executive office off the main master. The heart of the home is an expansive open kitchen with a walk-in pantry, flowing seamlessly into the livin and dining areas for effortless entertaining. NEWLY EXPANDED/RENOVATED CASITA & INCOME POTENTIAL Perfect for multi-generational families or as a high-end rental, the huge, attached Casita features a brand-new full kitchen, dedicated dining area, and a spacious living room. With its own full bath and direct pool access, this space offers complete independence and luxury. A BACKYARD OASIS Step outside to a fully fenced sanctuary characterized by mature trees and breathtaking mountain views. Relax under the gazebo or take a dip in the fenced pool--the perfect spot for your favorite "umbrella beverage" as the sun sets. SHOPS, TOYS, & RV READY The infrastructure on this property is unmatched: Garages & Shops: 2-car attached garage, plus a detached 2-car garage (with 220V power/water), AND a separate 3-car shop. RV Infrastructure: Existing hookups for water, electric, and dump are located across from the attached garage, with additional potential hookups by the detached garage. With level, usable land and excellent road access, the possibilities are truly endless.
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 | 3,246 | 2,455 | 86% |
| Lot Size | 100,798 | 14,508 | 92% |
| Price | $897.0K | $595.0K | 89% |
| Price per sq ft | $276 | $245 | 67% |
| Built year | 1989 | 2006 | 10% |
| HOA | $0 | $63 | 45% |
| Days on market | 5 | 1042 | 1% |
Apr 20, 2026
$897,000
Initial Listing