50019 N 23RD Avenue, New River, AZ 85087, New River, 85087 - 3 bed, 2 bath
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New River, AZ 85087
This Elevated Desert Retreat is a High-Potential Investment Opportunity, listed at $534,000—positioned well below the $645,385 Fair Market Value by 17%. This valuation gap offers $111,385 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the home features modern wood-look tile and an updated kitchen. Perched on 1.25 acres, it provides Panoramic Mountain Views and an Expansive Three-Car Garage. This property is an exceptional acquisition for Owner-Occupants or Lifestyle-Focused Buyers seeking a turnkey sanctuary with significant upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 50019 N 23RD Avenue Subject | $534,000* List Price | 3 | 2 | 1,440 | $448 | - |
A 2333 W BLACK CANYON Drive Sold | $435,000 | 3 | 2 | 1,400 | $311 | 0.4 mi |
B 48822 N ROUGHRIDER Road Pending | $430,000 List Price | 3 | 2 | 1,368 | $314 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1999, this property is well-maintained and move-in ready. It features several key updates that elevate it above the 'fair' category, including modern wood-look tile flooring throughout the main living areas, updated white kitchen cabinetry with contemporary hardware, and stainless steel appliances. The interior paint is neutral and fresh, and the overall condition shows minimal wear and tear, meeting the criteria for a well-maintained home within the 10-20+ year age range with partial renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54450, living area = 1440.
Perched on 1.25 elevated acres, the property offers exceptional, unobstructed views of the Tonto National Forest, Table Mesa, and the New River Mountains.
The oversized garage provides ample space for vehicles, recreational 'toys', and storage, a highly sought-after feature for the desert lifestyle.
The reliance on a shared well may be a concern for buyers who prefer the autonomy of a private well or the reliability of municipal water services.
With only 1,440 square feet of living space, the home is relatively compact for its price point and may not accommodate larger families or those seeking spacious interiors.
Experience the best of desert living, featuring a split floorplan and an expansive three car garage. Perched on 1.25 elevated acres, the property captures panoramic views of the Tonto National Forest, Table Mesa, and the dramatic New River Mountains. Lush desert flora--iconic saguaros, sculptural ocotillos, and vibrant cactus--surrounds you with natural elegance. On a shared well and a whole home water filtration system, the home offers both convenience and peace of mind. Bring your toys, your pets, and your favorite people, and transform this exceptional property into your personal haven. Enjoy the serene mornings and evening hours from the walled front courtyard or your private, covered back patio, fully fenced for pets. Every vantage point offers unforgettable mountain vista views.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 2.0 | 3.0 | 47% |
| Square foot | 1,440 | 2,466 | 7% |
| Lot Size | 54,450 | 13,233 | 80% |
| Price | $534.0K | $595.0K | 42% |
| Price per sq ft | $371 | $242 | 92% |
| Built year | 1999 | 2006 | 21% |
| HOA | $0 | $69 | 44% |
| Days on market | 55 | 988 | 1% |
Feb 26, 2026
$534,000
Initial Listing