45525 N 20TH Street, New River, AZ 85087, New River, 85087 - 3 bed, 2 bath
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New River, AZ 85087
This Santa Fe Style Single Family Residence is a Strong Value Opportunity, listed at $519,500—positioned well below the $545,363 Fair Market Value by 4%. This valuation gap offers $25,863 in Instant Equity for the buyer. Featuring a Fair Condition Rating, the home includes recent cosmetic updates and a large 1.1-acre lot with panoramic mountain views. This property balances desert serenity with functional living, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private, move-in ready retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45525 N 20TH Street Subject | $519,500* List Price | 3 | 2 | 1,565 | $348 | - |
A 1317 E SABROSA Drive Pending | $569,000 List Price | 3 | 2 | 1,576 | $361 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998 (26 years old), the property falls into the Fair category due to its age and dated features. While the listing mentions minor cosmetic updates like fresh paint, new faucets, and stainless steel appliances, the cabinetry and overall aesthetic remain original to the late 90s. It is functional and move-in ready, but requires modernizing updates to kitchens and baths to reach a higher rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 48003, living area = 1565.
Situated near the end of the road with stunning views of New River Mesa and close proximity to the National Forest, offering a private and serene desert lifestyle.
The home features several recent upgrades including fresh paint, new fans, new faucets, and stainless steel appliances, ensuring a turnkey experience for the buyer.
The property utilizes a shared well with four users, which may present challenges regarding long-term maintenance agreements and shared water management.
At 1,565 square feet, the interior living space is relatively compact for the price point and lot size, which may limit appeal for buyers seeking more indoor room.
Nearly to the end of the road with great views of New River Mesa, this 3/2 Santa Fe style home is move-in ready and sure to please! The large entry patio area extends to the backyard and is great for entertaining and outdoor enjoyment! The property is flat and usable and only a few lots from National Forest. Efficient floorplan with updates including fresh paint, new fans, new faucets, stainless steel appliances and more! Enjoy the jacuzzi in the primary bath and large walk-in closet. There is conduit for a hot tub on the back patio. Shared well with 4.
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 | 1,565 | 2,505.5 | 12% |
| Lot Size | 48,003 | 19,858.5 | 69% |
| Price | $519.5K | $560.8K | 46% |
| Price per sq ft | $332 | $238 | 82% |
| Built year | 1998 | 2007 | 12% |
| HOA | $0 | $34 | 49% |
| Days on market | 2 | 888 | 1% |
Jun 4, 2026
$519,500
Initial Listing