49636 N 15TH Avenue, New River, AZ 85087, New River, 85087 - 3 bed, 2 bath
Loading property details...
49636 N 15TH Avenue
New River, AZ 85087
ACTIVE
CONDITION: FAIR
3Beds
2Baths
2,142Sq Ft
108,464Lot Size
Property Price
LIST PRICE$1,199,000
EST. MARKET VALUE
$1,199,000
SUMMARY
This custom mountainside residence represents a High-Potential Investment Opportunity, listed at a List Price of $1,400,000—positioned slightly above the $1,390,582 Fair Market Value. While the property requires cosmetic updates to its Fair Condition Rating, the expansive 2.5-acre lot, panoramic mountain views, and a newly constructed 1,200 sq. ft. four-car garage provide significant value-add potential. The unique three-tier layout and lack of HOA restrictions offer rare privacy for the discerning buyer. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable, high-utility estate.
Estimated Market Value
$1,199,000
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 |
|---|---|---|---|---|---|---|
★ 49636 N 15TH Avenue Subject | $1,199,000* List Price | 3 | 2 | 2,142 | $560 | - |
A 49636 N 15th Avenue Active | $1,200,000 List Price | 3 | 2 | 2,142 | $560 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1993, the home is 31 years old and appears to retain most of its original interior finishes, including dated oak cabinetry and vertical blinds. While the property is functional and well-maintained with a newer detached garage, the kitchen and living areas require cosmetic updates to meet modern standards, fitting the 'Fair' criteria for homes over 20 years old needing minor updates.
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 = 56628, living area = 2142.
- Panoramic Mountain Views
Situated on a mountainside, the property features four separate patios that offer exceptional valley and panoramic views, providing a unique and serene living environment.
- Extensive Garage and Workspace
The property includes a newly constructed 1,200 sq. ft. four-car garage with 12-foot ceilings, dedicated office space, and a swamp cooler, perfect for hobbyists or home businesses.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =56628, other record lot size in square feet = 261447.
- Shared Well System
The property relies on a shared well for water, which may require formal maintenance agreements and can be a point of concern for buyers preferring private utilities.
- Tiered Architectural Layout
The three-tier design and mountainside location may present accessibility challenges or require significant stair navigation, potentially limiting the appeal for certain buyer demographics.
About 49636 N 15TH Avenue
HUGE PRICE REDUCTION Beautiful custom home on the side of a mountain with valley views. Four patios overlooking beautiful views. This home is a 3 tier home with a 3 car carport on the second level and a gazebo with a yard. On the 3rd level a beautiful new 1200 sq ft 4 car garage with office space and 12' ceilings. This garage has swamp cooler, new lights, large area for parking. Lots of parking with panoramic views. You will not find many homes like this in the whole valley with privacy all around. Almost 2.5 acres. Shared well. Seeing is to believe. Priced to sell. Other adjacent lots are available.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1993
- Lot Size
- 108,464 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 | 2,142 | 2,471.933 |
| Lot Size | 108,464 | 19,647.8 |
| Price | $1.20M | $584.8K |
| Price per sq ft | $560 | $255 |
| Built year | 1993 | 2010 |
| HOA | $0 | $310 |
| Days on market | 80 | 82 |
Pricing History
Listed for Sale
Aug 28, 2026
$1,199,000
$1,400,000
-14% Price Drop
Initial Listing
Price Change
Jun 21, 2026
$1,400,000
Initial Listing