
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 | $835,000* List Price | 3 | 2 | 2,130 | $345 | - |
A 1509 E Venado Drive Sold | $840,000 | 3 | 2 | 2,082 | $403 | 0.4 mi |
B 44015 N 20TH Street Active | $720,000 List Price | 3 | 2 | 1,938 | $372 | 0.9 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.
Experience old school Arizona desert living at the edge of the Tonto National Forest. Situated on over an acre in the scenic New River foothills, this 3-bedroom, 2-bath property offers privacy, open space, and breathtaking mountain and desert views in every direction. Designed for buyers seeking a lifestyle beyond traditional subdivision living, the property features a private pool, oversized workshop/garage with room for a lift, expansive outdoor space, and direct access to nearby hiking, horseback riding, mountain biking, and off-road trails. Protected desert landscape behind the property provides unmatched tranquility, star-filled night skies, and stunning Arizona sunsets year-round. Inside, the home offers approximately 2,130 square feet of comfortable living space with a functio floorplan, generous natural light, and seamless indoor-outdoor living opportunities. Ideal for outdoor enthusiasts, horse lovers, relocators, or buyers seeking room to expand with a future casita, RV garage, or additional structures. Conveniently located near I-17 with easy access to Anthem, Carefree, Cave Creek, shopping, dining, and the growing North Valley technology corridor while still feeling worlds away from the city. A rare opportunity to own a true desert retreat with space, privacy, and endless possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 2,130 | 2,505.5 | 38% |
| Lot Size | 51,968 | 19,858.5 | 78% |
| Price | $835.0K | $577.5K | 87% |
| Price per sq ft | $392 | $238 | 90% |
| Built year | 2000 | 2007 | 22% |
| HOA | $0 | $34 | 49% |
| Days on market | 16 | 888 | 1% |
May 21, 2026
$835,000
Initial Listing