
New River, AZ 85087
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,395,000—positioned above the $1,294,842 Fair Market Value. While the property requires a premium, its Fair Condition Rating and 1999 construction offer a clear path for value-add modernization. The expansive 2.5-acre lot, Panoramic desert and mountain views, and Versatile Guest Casita provide significant lifestyle utility. Bordering 350 acres of state land, this property offers unmatched privacy for Buy-and-Hold Investors or Owner-Occupants seeking a serene, nature-focused desert sanctuary with long-term appreciation potential.
Property is moderate renovation needed.
The property was built in 1999 and appears to retain most of its original finishes, placing it within the 25-40 year age bracket for the 'fair' category without major recent renovations. While the home is exceptionally well-maintained with high-quality stained concrete flooring and a clean aesthetic, the kitchen features dated tile countertops and a mix of older appliances. The cabinetry and light fixtures reflect the original construction style, indicating that while the home is functional and move-in ready, it lacks the modern updates required for a higher condition score.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 109989, living area = 3201.
The property borders over 350 acres of state land and sits on a massive 2.5-acre lot, offering unparalleled seclusion and direct access to the natural Arizona desert landscape.
The inclusion of a separate guest house with a full bathroom provides excellent flexibility for multi-generational living, a private home office, or high-end guest accommodations.
The reliance on a private well and septic system requires the homeowner to manage and maintain critical infrastructure that is typically handled by municipal services.
Built in 1999, the property may require updates to its original finishes or mechanical systems to align with the expectations of modern luxury buyers at this price point.
Sitting high above what seems like the rest of the world, experience private views of the true Arizona Desert. Surrounded by more saguaro cacti than you can count, this home is built for privacy, and relaxation. Main house has 3 bedrooms and 2.5 bathrooms. Separate guest casita has full bath. 2 car garage. Private well & septic. Located near I-17 & Anthem, minutes from Carefree & Cave Creek, and a short drive to TSMC or Lake Pleasant. A nature-lover's dream w/ a variety of wildlife and birds. Home directly borders more than 350 acres of state land. Also located less than 3 miles from Tonto Nat Forest which is 2.9 million acres of public land to enjoy.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,201 | - |
| Lot Size | 109,989 | - |
| Price | $1.25M | $693.8K |
| Price per sq ft | $389 | $278 |
| Built year | 1999 | 0 |
| HOA | $0 | $0 |
| Days on market | 141 | 984 |
Jun 19, 2026
$1,245,000
$1,270,000
-2% Price Drop
Initial Listing
Jun 15, 2026
$1,270,000
$1,285,000
-1% Price Drop
Initial Listing
Jun 5, 2026
$1,285,000
$1,299,000
-1% Price Drop
Initial Listing
May 28, 2026
$1,299,000
$1,395,000
-7% Price Drop
Initial Listing
May 21, 2026
$1,395,000
$1,800,000
-22% Price Drop
Initial Listing
Mar 3, 2026
$1,800,000
Initial Listing