48148 N 16th Lane, New River, AZ 85087, New River, 85087 - 4 bed, 3 bath
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New River, AZ 85087
This Custom New Construction Estate is listed at $1,000,000, reflecting a premium for its 2024 build quality against the $874,097 Fair Market Value. Boasting an Excellent Condition Rating, the home features a gourmet kitchen with a 48" gas range and superior 2x6 construction with spray foam insulation. Bordering State Trust Land, the property offers a private sanctuary with unobstructed mountain views and ready-to-use horse stables. This high-end desert retreat is the perfect fit for luxury homebuyers or equestrian enthusiasts seeking a turnkey, high-efficiency lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48148 N 16th Lane Subject | $1,000,000* List Price | 4 | 3 | 2,609 | $335 | - |
A 441 W ROUGHRIDER Road Sold | $727,500 | 3 | 4 | 2,270 | $320 | 0.9 mi |
B 47316 N 10TH Avenue Active | $924,000 List Price | 4 | 3 | 3,104 | $298 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2024 custom-built home featuring high-end finishes, including a gourmet kitchen with a 48" gas range, luxury bathrooms with custom tile work, and modern energy-efficient systems like spray foam insulation and a 400-amp panel.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47960, living area = 2609.
This 2024 custom build features superior 2x6 construction and spray foam insulation throughout, including the garage, ensuring high energy efficiency and structural durability.
Bordering Arizona State Trust Land, the property offers unobstructed, breathtaking views of Daisy Mountain and Gavilan Peak, providing a rare level of privacy and natural beauty.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2609, other record living area = 2500.
The property relies on a shared well, which may require formal maintenance agreements and can be a point of concern for buyers preferring a private water source.
While offering a serene desert lifestyle, the remote New River location may result in longer commute times to major metropolitan employment hubs and urban amenities.
Built in 2024, this custom New River home offers breathtaking views of Daisy Mountain, Gavilan Peak, and the New River Mountains while bordering Arizona State Trust Land near Tonto National Forest and Kiwanis Park. The 4 bed, 3 bath home features 2x6 construction, spray foam insulation, and a custom kitchen with a 48'' gas range and electric oven. Enjoy desert sunsets from the large covered front porch. The 830 sq ft 3-car garage includes insulated doors, spray foam, mini split, and oversized wash sink. Additional features include a 400-amp panel, whole house water softener, reinforced roof for future expansion or rooftop deck, 1600-gallon septic with extra tank, shared well, and horse stables ready to go.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,609 | 2,500 | 59% |
| Lot Size | 47,960 | 13,233 | 70% |
| Price | $1.00M | $595.0K | 94% |
| Price per sq ft | $383 | $242 | 93% |
| Built year | 2024 | 2006 | 94% |
| HOA | $0 | $69 | 44% |
| Days on market | 40 | 988 | 1% |
Mar 13, 2026
$1,000,000
Initial Listing