
Litchfield Park, AZ 85340
Analysis of 5322 N 132ND Avenue, Litchfield Park, AZ 85340 is currently available with a list price of $900,000. 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 Litchfield Park 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 2003, this property is over 20 years old and, based on the listing description and price positioning, likely retains most of its original interior finishes. The property analysis explicitly mentions a need for modernization and cosmetic updates to meet current luxury standards. While the home offers significant scale and functional systems, the exterior images show an unfinished dirt backyard and the overall presentation suggests the home has been maintained but not extensively renovated within the last 15 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 46925, living area = 5583.
As the largest lot in the community at over an acre, this cul-de-sac property offers exceptional privacy with open space behind and unobstructed mountain and sunset views.
Priced at $925,000 for over 5,500 square feet, the home offers immediate value and equity upside, especially considering smaller models in the neighborhood have sold for up to $1.3M.
The massive 5,583 sq ft interior and nearly 47,000 sq ft lot will require significant ongoing costs for utilities, landscaping, and general upkeep.
Built in 2003 and priced well below the neighborhood peak, the property may require cosmetic updates or renovations to meet the luxury standards of today's high-end buyers.
Huge Opportunity in the gated Barrington Estates at Dreaming Summit--featuring the largest model 5583 sq feet and the largest lot in the community. Ideally positioned on a premium 46,925 sq ft cul-de-sac lot with breathtaking sunset views, open space behind, and unmatched privacy. Recently reduced for a quick sale, this home offers incredible value and immediate equity potential, with smaller models in the neighborhood selling for up to $1.3M. The home offers 5 bedrooms, including two primary suites (one on the main level), a private office, and a spacious bonus/playroom-perfect for multigenerational living. The chef's kitchen features a large island, double ovens, and abundant cabinetry, opening to expansive living and dining areas. One-of-a-kind property, don't miss it!
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 5-8 • 1.2 mi
Grades 5-8 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 83% |
| Baths | 4.0 | 3.0 | 71% |
| Square foot | 5,583 | 2,798 | 98% |
| Lot Size | 46,925 | 9,265 | 96% |
| Price | $900.0K | $465.0K | 94% |
| Price per sq ft | $161 | $182 | 41% |
| Built year | 2003 | 2004 | 49% |
| HOA | $196 | $113 | 78% |
| Days on market | 19 | 1383 | 1% |
Apr 20, 2026
$900,000
$925,000
-3% Price Drop
Initial Listing
Apr 14, 2026
$925,000
$950,000
-3% Price Drop
Initial Listing
Apr 3, 2026
$950,000
Initial Listing