
New River, AZ 85087
This Spacious Desert Retreat is a High-Potential Investment Opportunity, listed at $835,000—positioned well above the $734,908 Fair Market Value by 13%. While the property carries a Fair Condition Rating due to its original 2000-era finishes, it offers significant upside through its 1.19-acre lot, private pool, and oversized workshop. Bordering the Tonto National Forest, this asset provides unmatched privacy and lifestyle flexibility. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable desert sanctuary with room for expansion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45319 N 18TH Street Subject | $735,000* List Price | 3 | 2 | 2,130 | $304 | - |
A 44811 N 12TH Street Sold | $599,000 List Price | 3 | 2 | 2,072 | 0.8 mi | |
B 44728 N 22ND Street Active | $625,000 List Price | 3 | 2 | 2,357 | $265 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000 (24 years old), the property meets the age criteria for Fair condition. While the home is well-maintained and functional, the interior architectural details and finishes are dated to the original construction period and lack the modern renovations required for a Good or Excellent rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 51968, living area = 2130.
Situated on over an acre bordering the Tonto National Forest with no HOA, this property offers unparalleled privacy and the freedom to add a casita, RV garage, or equestrian facilities.
The estate features a private pool and an oversized workshop/garage with space for a lift, perfectly catering to hobbyists, car enthusiasts, and those seeking an active desert lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2130, other record living area = 1744.
While offering a retreat-like feel, the New River location may be considered too remote for buyers requiring immediate proximity to major urban centers or short daily commutes.
Built in 2000, the home may require cosmetic updates or interior refreshments to align with contemporary luxury standards and the premium $835,000 price point.
Wide-open space, views and true Arizona desert living define this meticulously maintained New River property. Set on 1.19 acres horse property, this 3-bedroom, 2-bath home offers approximately 2,130 square feet of inviting, move-in-ready living space surrounded by the beauty of the Sonoran Desert. Inside, the home has been exceptionally well cared for, with a functional floor plan, abundant natural light and an easy connection to the outdoors. Step outside to a private heated pool and spa, expansive desert and mountain views, and spectacular Arizona sunsets and star-filled skies. For horse owners and outdoor enthusiasts, the setting is hard to beat. With room for horses and recreational toys, plus nearby access to riding, hiking, mountain biking and off-road recreation, this is a property designed for those who want a little more freedom and a lot more space. The nearby Tonto National Forest adds thousands of acres of outdoor adventure practically at your doorstep. Water is supplied by a three-party shared well, supplemented by three above-ground water-storage tanks. An oversized three-car garage/workshop with room for a lift, RV parking, heated pool and spa, no HOA and more than an acre of land add even more flexibility. Convenient to I-17, Anthem, Cave Creek, Carefree and the growing North Valley corridor, this is an opportunity to enjoy space, views, outdoor living and the freedom of New River--without sacrificing access to the Valley. Best quality, well cared for value in the area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 2.0 | 2.9 |
| Square foot | 2,130 | 2,471.933 |
| Lot Size | 51,968 | 19,647.8 |
| Price | $735.0K | $584.8K |
| Price per sq ft | $345 | $255 |
| Built year | 2000 | 2010 |
| HOA | $0 | $310 |
| Days on market | 111 | 82 |
Aug 28, 2026
$735,000
$795,000
-8% Price Drop
Initial Listing
Jul 29, 2026
$795,000
$835,100
-5% Price Drop
Initial Listing
Jun 27, 2026
$835,100
$835,000
+0% Price Increase
Initial Listing
May 21, 2026
$835,000
Initial Listing