43612 N 3RD Avenue, New River, AZ 85087, New River, 85087 - 3 bed, 2 bath
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New River, AZ 85087
This Desert Ranch Residence is a Prime Investment Opportunity, listed at $474,950—positioned well below the $487,134 Fair Market Value by 2%. This valuation gap offers $12,184 in Instant Equity for the buyer. The home maintains a Well-Maintained Condition Rating, featuring updated luxury vinyl flooring while offering room for cosmetic updates to popcorn ceilings and fixtures. Set on 1.5 Acres with Unobstructed Mountain Views and No HOA, it provides exceptional rural freedom. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43612 N 3RD Avenue Subject | $474,950* List Price | 3 | 2 | 1,816 | $268 | - |
A 43006 N 3RD Avenue Sold | $540,000 List Price | 3 | 2 | 1,881 | 0.4 mi | |
B 42605 N 6TH Avenue Active | $565,000 List Price | 3 | 3 | 1,981 | $285 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, this home is well-maintained and move-in ready, featuring modern luxury vinyl plank flooring and refreshed kitchen cabinetry. However, it retains several dated elements including popcorn ceilings, fluorescent light boxes, and mismatched kitchen appliances. While functional and clean, the property reflects its age through these older fixtures and architectural details, fitting the criteria for a home maintained through regular upkeep and occasional updates rather than a full modern renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 65340, living area = 1816.
Situated on a generous 1.5-acre lot, this property offers exceptional privacy and ample space for equestrian facilities, gardening, or additional outbuildings, catering perfectly to the rural lifestyle.
The home features unobstructed views of the Sonoran Desert and surrounding mountain ranges, providing a picturesque and serene backdrop that enhances the overall value of the outdoor living space.
Built in 1950, the home may require more frequent maintenance or significant capital improvements to its core systems and insulation compared to more modern constructions in the area.
While offering a peaceful retreat, the property's remote location in New River may result in longer commute times to major employment hubs, shopping centers, and urban amenities.
Wake up to a little slice of paradise and the quiet beauty of country living on 1.5 acres in New River. This inviting 3 bedroom, 2 bath home offers space, privacy, and a lifestyle that feels a world away yet still within reach of modern conveniences. Step outside to a spacious outdoor deck, perfectly positioned to take in the surrounding Sonoran Desert, mountain backdrops, and endless blue skies. Whether you're sipping coffee at sunrise, entertaining under the stars, or simply enjoying the peaceful stillness, this outdoor space is where the property truly shines. The land offers room to roam, garden, or add corrals for your horses! Ideal for those craving freedom, fresh air, and a connection to nature. With natural desert landscaping and unobstructed views.
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 | 1,816 | 2,466 | 19% |
| Lot Size | 65,340 | 13,233 | 88% |
| Price | $474.9K | $595.0K | 30% |
| Price per sq ft | $262 | $242 | 61% |
| Built year | 1950 | 2006 | 1% |
| HOA | $0 | $69 | 44% |
| Days on market | 75 | 988 | 1% |
Feb 6, 2026
$474,950
Initial Listing