
New River, AZ 85087
Analysis of 45602 N NEW RIVER Road, New River, AZ 85087 is currently available with a list price of $1,195,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the New River Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The property underwent an extensive professional renovation in 2023, which included a completely new kitchen with high-end stainless steel appliances, double ovens, a farmhouse sink, and quartz countertops. The interior features updated wood-look flooring, modern ceiling fans, and remodeled bathrooms. Although originally built in 1999, the recent comprehensive updates to the living spaces and the addition of a massive 2,400 sqft insulated shop in 2018 place the property in excellent condition with no visible deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 204732, living area = 2455.
The property features a full-size roping arena, a 4-stall barn, and cattle pens, offering a turnkey setup for professional horse training or high-end equestrian use.
A comprehensive 2023 remodel of the main residence includes a new kitchen, modern appliances, and updated bathrooms, ensuring immediate move-in readiness.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =204732, other record lot size in square feet = 203687. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2455, other record living area = 5291.
The expansive 4.6-acre lot and numerous specialized outbuildings require significant ongoing labor and financial investment to maintain the grounds and structures.
The heavy emphasis on equestrian and event-center infrastructure creates a niche appeal that may limit the pool of traditional residential buyers.
PRICE REDUCED! One of a kind property! Full size ROPING ARENA! 4.6 acres, 2023 remodel of home. Included new kitchen, appliances, sink, flooring, bathrooms. The propery a full horse set up starting with the large 4 stall barn. Horse/cattle pens right next to the arena. You need a shop? 2018 2,400 square foot bonus SHOP/ RV garage full insulation and 16' doors. Enjoy the newly built 40X60 ramada. Two free standing outside bathrooms for all your guests. Plus 3 small buildings for your own private meetings. Large hay barn. So much to this property!! IDEAL for EVENT CENTER, horse therapy, non profit businesses, and more. Buyer to verify zoning changes needed for use intended. Very Private setting with skunk creek on the west side of property. Or a winter visitor that you can bring all your fr
No exterior & parking available.
Grades PK-6 • 4.0 mi
Grades 9-12 • 4.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,455 | 2,460.5 | 50% |
| Lot Size | 204,732 | 13,792.5 | 98% |
| Price | $1.20M | $595.0K | 97% |
| Price per sq ft | $487 | $242 | 99% |
| Built year | 1999 | 2006 | 21% |
| HOA | $0 | $66 | 44% |
| Days on market | 257 | 1039 | 34% |
Aug 8, 2025
$1,195,000
Initial Listing