
Peoria, AZ 85383
This Mountain View Investment Property is listed at $505,000, aligning with its $505,000 Fair Market Value. Featuring a Move-in Ready Condition Rating, the residence includes a Gourmet Kitchen with granite finishes and energy-efficient thermal barrier windows. The property offers premium outdoor living with a large covered patio on an oversized private lot near Top-Rated Schools like Terramar Elementary and Sandra Day O'connor High. With a tenant in place until September 2026, this asset provides immediate stability and income. It is an ideal acquisition for Buy-and-Hold Investors or Patient Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6793 W EVERGREEN Terrace Subject | $505,000* List Price | 3 | 4 | 1,885 | $268 | - |
A 29356 N 67th Avenue Sold | $490,000 | 4 | 3 | 1,885 | $260 | 0.2 mi |
B 7034 W LONE TREE Trail Sold | $525,000 | 4 | 3 | 1,818 | $289 | 0.7 mi |
C 30087 N 72ND Avenue Active | $524,000 List Price | 4 | 3 | 1,818 | $288 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this property is approximately 20 years old and remains in move-in ready condition. The kitchen features desirable updates such as granite countertops and stainless steel appliances, while the exterior has been recently painted. Although some bathroom fixtures and finishes reflect the original 2005 construction style, the home is well-maintained with functional systems and no immediate signs of deferred maintenance.
The property offers breathtaking mountain views from an oversized private lot, featuring a large covered patio designed for premium outdoor living and entertaining.
The home features a beautifully designed gourmet kitchen with granite countertops and stainless steel appliances, providing a sleek and functional space for cooking.
Equipped with thermal barrier windows and a recently painted exterior, the home is optimized for energy efficiency and reduced maintenance in the Arizona climate.
The property is tenant-occupied until September 30, 2026, which prevents immediate move-in for owner-occupants and requires a long-term investment strategy.
The extended lease term significantly narrows the potential buyer pool to investors, as traditional buyers seeking a primary residence may be deterred by the two-year wait.
Welcome to Sonoran Mountain Ranch! This home has breathtaking mountain views that await you from this stunning single-level home nestled on an oversized private lot with a large, covered patio for entertaining and easy-care desert landscaping. Home Highlights 3 Bedrooms /2.5 Bathrooms 1,885 sq ft of beautifully designed living space Single-level layout for easy living. Gourmet Kitchen, Stainless steel appliances for a sleek, modern touch! Granite countertops that blend style and durability Interior Features 18'' tile flooring throughout — stylish and easy to maintain Thermal barrier windows for energy efficiency and a recently painted exterior really showcase southwestern living. Home is tenant occupied until September 30th 2026 but it is worth the wait!
No exterior & parking available.
Grades PK-8 • 2.6 mi
Grades 9-12 • 4.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 42% |
| Baths | 4.0 | 3.0 | 74% |
| Square foot | 1,885 | 2,519 | 18% |
| Lot Size | 6,659 | 7,500 | 34% |
| Price | $505.0K | $505.0K | 50% |
| Price per sq ft | $268 | $215 | 70% |
| Built year | 2005 | 2011 | 34% |
| HOA | $155 | $165 | 48% |
| Days on market | 80 | 2135 | 0% |
Feb 2, 2026
$505,000
Initial Listing