
New River, AZ 85087
Analysis of 49636 N 15TH Avenue, New River, AZ 85087 is currently available with a list price of $1,400,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 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.
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.
Situated on a mountainside, the property features four separate patios that offer exceptional valley and panoramic views, providing a unique and serene living environment.
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.
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.
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.
The three-tier design and mountainside location may present accessibility challenges or require significant stair navigation, potentially limiting the appeal for certain buyer demographics.
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. One and 1/3 acres. Shared well. Seeing is to believe. Priced to sell. Other adjacent lots are available.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,142 | - |
| Lot Size | 56,628 | - |
| Price | $1.40M | $693.8K |
| Price per sq ft | $654 | $278 |
| Built year | 1993 | 0 |
| HOA | $0 | $0 |
| Days on market | 31 | 984 |
Jun 21, 2026
$1,400,000
Initial Listing