
Peoria, AZ 85383
This Spacious Mountain-View Retreat is a High-Potential Investment Opportunity, listed at $644,900—positioned well below the $756,819 Fair Market Value by 14%. This valuation gap provides $111,919 in Instant Equity. Boasting a Condition Rating of 3, the home features a resort-style backyard with a heated pool and spa, a theatre room, and access to Top-Rated Schools like Sandra Day O'Connor High. This property perfectly balances luxury lifestyle with significant financial upside, making it an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7039 W KATHARINE Way Subject | $644,900* List Price | 4 | 3 | 2,946 | $257 | - |
A 6886 W MAZATZAL Drive Sold | $650,000 | 4 | 3 | 2,909 | $223 | 0.4 mi |
B 7336 W Desert Mirage Drive Sold | $650,000 | 4 | 3 | 2,438 | $267 | 0.6 mi |
C 29024 N 70TH Avenue Sold | $620,000 | 4 | 3 | 2,697 | $230 | 0.4 mi |
D 7220 W ASHBY Drive Active | $640,000 List Price | 4 | 3 | 3,110 | $206 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this property is well within the 10-20 year age bracket for a 'good' rating and appears move-in ready. The kitchen is well-equipped with granite countertops, stainless steel appliances, and a newer gas range. The bathrooms are clean and functional, featuring a spa-like master suite, although some secondary baths retain original tiled countertops. The exterior is a standout feature with an excellent resort-style backyard, including a heated pool, spa, and built-in BBQ. Overall, the home shows minimal wear and tear with updated systems like newer irrigation and epoxy garage flooring.
The property features a premium outdoor oasis including a heated pool, oversized spa with water features, a built-in BBQ island, and a gas firepit, all set against scenic mountain views.
The nearly 3,000 sqft floor plan is highly functional, offering a dedicated theatre room, a large loft, and a downstairs bedroom with a full bath ideal for guests or multigenerational living.
Boasts an extended three-car tandem garage with epoxy floors and cabinetry, complemented by a large RV gate and extensive pavered parking for additional vehicles and toys.
Built in 2007, the home may soon require capital expenditures for original major systems, such as HVAC or roofing, as they approach the end of their typical life cycles.
Located in the northern reaches of Peoria, the property may present a significant daily commute for buyers working in the central Phoenix or East Valley business corridors.
Welcome home! THIS is the one you've been waiting for - a stunning 2-story retreat tucked peacefully into a cul-de-sac in the highly sought-after Sonoran Mountain Ranch community. With nearly 3,000 square feet of beautifully designed living space, this home offers the perfect blend of comfort, elegance, and room to gather. Inside, you'll find 4 spacious bedrooms, 3 full baths, an expansive open loft, and a dedicated theatre room ready for movie nights and game-day celebrations. Step through the diamond inlay, diagonal tiled entry, and you're welcomed by a thoughtfully tucked-away bedroom and full bath - ideal for guests, multigenerational living, or a quiet home office. The heart of the home is the generous kitchen, designed to inspire. Granite countertops, SS appliances, a newer gas range, custom cabinetry, tile backsplash, recessed lighting, a walk-in pantry, and a large island with pendant lighting and extra storage create a space that's as functional as it is beautiful. The sunny dining area flows seamlessly into the living spaces, where soaring cathedral ceilings and expansive windows fill the home with warm natural light. The elegant wrought-iron staircase leads you upstairs to a versatile loft - perfect for a playroom, study area, or second living space. Your private owner's suite is a serene escape, thoughtfully split from the secondary bedrooms and featuring picturesque mountain views. The spa-like en-suite bath includes dual sinks, a tiled shower, soaking tub, and a spacious walk-in closet. One of the additional bedrooms even enjoys private access to a full-length covered balcony with peaceful mountain peak views -- the perfect spot for morning coffee or those evening Arizona sunsets. Plantation shutters and blinds throughout add both charm and privacy. The fire sprinkler system throughout the home provides the additional peace of mind you're looking for. Step outside to your own resort-style backyard oasis. A sparkling heated pool and oversized spa with water feature invite you to relax year-round. The covered patio, built-in BBQ island, extended stone patio, and gas firepit create effortless spaces for entertaining under the Arizona sky. Mature landscaping, newer irrigation, and fruit trees, including orange, lemon, grapefruit plus a ficus & Brazilian pepper tree, add beauty and tranquility, while the large RV gate and extended pavered parking (front and back) provide plenty of room for toys or extra vehicles. The three-car tandem EXTENDED garage is equally impressive with epoxy floors, built-in cabinetry, a storage cubby, service door, and utility sink. All of this within walking distance to community parks and just minutes from the Loop 303 and I-17 for easy commuting. This is more than a house -- it's a place to gather, celebrate, relax, and truly feel at home.
No exterior & parking available.
Grades PK-8 • 2.8 mi
Grades 9-12 • 4.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,946 | 2,519 | 69% |
| Lot Size | 9,665 | 7,500 | 72% |
| Price | $644.9K | $509.9K | 68% |
| Price per sq ft | $219 | $215 | 51% |
| Built year | 2007 | 2011 | 43% |
| HOA | $145 | $165 | 46% |
| Days on market | 55 | 2135 | 0% |
Feb 27, 2026
$644,900
Initial Listing