48445 N 7TH Avenue, New River, AZ 85087, New River, 85087 - 3 bed, 2 bath
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48445 N 7TH Avenue
New River, AZ 85087
ACTIVE
CONDITION: GOOD
3Beds
2Baths
2,772Sq Ft
43,628Lot Size
Property Price
LIST PRICE$449,000
EST. MARKET VALUE
$478,797
6% BelowMARKET VALUE
SUMMARY
This Spacious Equestrian Estate is a Strong Value Opportunity, listed at $449,000—positioned well below the $478,797 Fair Market Value by 6%. This valuation gap offers $29,797 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes Equestrian Facilities, a Detached Garage, and Breathtaking Mountain Views. With a 1-acre lot and 2,772 sqft of living space, this property is an ideal acquisition for Owner-Occupants seeking a rural lifestyle or Buy-and-Hold Investors.
Estimated Market Value
$478,797+$29,797 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in New River.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48445 N 7TH Avenue Subject | $449,000* List Price | 3 | 2 | 2,772 | $173 | - |
A 47205 N New River Road Active | $399,999 List Price | 3 | 2 | 2,008 | $199 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2007, the property is 19 years old, placing it within the 'Good' category. The home appears well-maintained and move-in ready with functional stainless steel appliances, clean tile flooring, and intact wood cabinetry. While the aesthetic is original to the build date, the overall condition shows no signs of neglect or immediate need for major repairs.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43628, living area = 2772.
- Equestrian Facilities
This 1-acre horse property is fully equipped for equestrian use, featuring a dedicated arena, stalls, and a detached garage, making it a turnkey solution for horse owners.
- Expansive Living Area
With 2,772 square feet of living space and vaulted ceilings, the home offers a spacious and airy interior that provides more room than typical three-bedroom residences.
CONSRISKS & DEFICIENCIES
- Low Bedroom-to-Square-Footage Ratio
Despite the large 2,772 square foot footprint, the home only contains three bedrooms, which may be seen as an inefficient use of space for larger families.
- Rural Location
Located in New River, the property offers privacy but may be considered too remote for buyers who require quick access to major metropolitan amenities and employment centers.
About 48445 N 7TH Avenue
Home, sweet home! This 1-acre horse property features an inviting paver patio and a charming desert landscape. Discover a sizeable living room with vaulted ceilings, a soothing palette, abundant natural lighting, and durable tile flooring. You'll also find a spacious great room for relaxing evenings with loved ones. The kitchen comes with ample wood cabinetry with crown moulding, recessed lighting, stainless steel appliances, a center island, a walk-in pantry, and a two-tier peninsula with a breakfast bar. The primary bedroom boasts soft carpeting, an ensuite with dual sinks, and a walk-in closet. Outside, you'll find a vast outdoor space with breathtaking mountain views, storage sheds, a detached garage, and equestrian facilities, including an arena and stalls. Make it yours now!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2007
- Lot Size
- 43,628 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 2.0 | 2.9 |
| Square foot | 2,772 | 2,471.933 |
| Lot Size | 43,628 | 19,647.8 |
| Price | $449.0K | $584.8K |
| Price per sq ft | $162 | $255 |
| Built year | 2007 | 2010 |
| HOA | $0 | $310 |
| Days on market | 33 | 82 |
Pricing History
Listed for Sale
Aug 7, 2026
$449,000
Initial Listing