553 W Cavalry Road, New River, AZ 85087, New River, 85087 - 4 bed, 3 bath
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New River, AZ 85087
This Brand New Custom Home is a Strong Value Opportunity, listed at $749,900—positioned above the $696,824 Fair Market Value. While not priced below market, the property offers a Mint Condition Rating and a full-acre lot with No HOA, providing rare flexibility for RVs or future expansion. Featuring a Gourmet Kitchen with quartzite countertops and Unobstructed Mountain Views, this home delivers immediate luxury in the high-growth North Phoenix Tech Corridor. It is an ideal acquisition for Tech Professionals or Owner-Occupants seeking a turnkey, high-quality lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 553 W Cavalry Road Subject | $749,900* List Price | 4 | 3 | 2,167 | $319 | - |
A 42605 N 6TH Avenue Sold | $570,000 | 3 | 3 | 1,981 | $288 | 0.4 mi |
B 43006 N 3RD Avenue Sold | $540,000 List Price | 3 | 2 | 1,881 | 0.2 mi | |
C 42714 N 11TH Avenue Active | $620,000 List Price | 3 | 3 | 1,787 | $347 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2025 custom construction in mint condition. Features a gourmet kitchen with quartzite countertops, premium cabinetry, and stainless steel appliances. All systems are new, and the home has never been lived in.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43663, living area = 2167.
As a 2025 custom build, this move-in-ready home features high-end modern finishes including quartzite countertops, 8-foot doors, and a designer Great Room, offering the benefits of brand-new luxury without the wait of construction.
The full-acre lot with no HOA restrictions provides exceptional flexibility for homeowners to store RVs and work trucks, keep horses, or build additional structures like a guest house or workshop.
With 328 days on the market, the property may carry a 'stale' listing perception, which can lead to buyer hesitation or more aggressive low-offer negotiations despite its new condition.
A recent price reduction from $779,000 to $749,900 indicates that the initial pricing strategy did not align with buyer expectations, potentially signaling a disconnect with current local market valuations.
Unbeatable Value - Brand New Luxury Home Near TSMC! Move-in ready and never lived in, this custom new construction home on a full acre with no HOA offers modern design, flexible living, and a premium location in the North Phoenix Tech Corridor. Just minutes from the TSMC Semiconductor Plant, I-17, Loop 303, Lake Pleasant, and top shopping/dining, this property is ideal for tech professionals, investors, and families seeking both convenience and long-term value. Inside, enjoy soaring ceilings, 8' doors, a designer Great Room with a showcase fireplace, and a gourmet Kitchen featuring quartzite countertops, premium cabinetry, and a walk-in pantry. The split Owner's Suite provides spa-style comfort with a soaking tub and oversized shower, while two guest bedrooms, a dedicated Office, and a huge 3-car garage create flexibility for work and play.Outside, the acre lot offers endless options: bring your RVs, work trucks, or horses, or add a guest house, pool, or collector garage. Built by a trusted local builder with 30+ years of experience, this home delivers quality craftsmanship, modern luxury, and unbeatable price in one of Phoenix's fastest-growing areas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,167 | - |
| Lot Size | 43,663 | - |
| Price | $749.9K | $693.8K |
| Price per sq ft | $346 | $278 |
| Built year | 2025 | 0 |
| HOA | $0 | $0 |
| Days on market | 390 | 984 |
May 21, 2026
$749,900
$779,000
-4% Price Drop
Initial Listing
Jun 27, 2025
$779,000
Initial Listing