7046 W COTTONTAIL Lane, Peoria, AZ 85383, Peoria, 85383 - 4 bed, 3 bath
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Peoria, AZ 85383
This Spacious Updated Residence is a High-Potential Investment Opportunity, listed at $759,000—positioned well below the $1,087,748 Fair Market Value by 30%. This significant valuation gap provides $328,748 in Instant Equity. Maintaining a Good Condition Rating, the home features a resort-style heated pool, new flooring, and a refreshed kitchen. Located on a private cul-de-sac bordering a park and near Top-Rated Schools like Terramar Elementary, it balances lifestyle luxury with massive financial upside. This is an elite find for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7046 W COTTONTAIL Lane Subject | $753,000* List Price | 4 | 3 | 3,721 | $198 | - |
A 6920 W ANTELOPE Drive Sold | $785,000 | 6 | 3 | 3,721 | $211 | 0.1 mi |
B 6829 W BRILES Road Sold | $795,000 | 5 | 3 | 4,350 | $183 | 0.4 mi |
C 26249 N 68TH Lane Sold | $590,000 | 5 | 3 | 3,273 | $180 | 0.5 mi |
D 26066 N 72nd Avenue Sold | $595,000 | 6 | 3 | 3,287 | $181 | 0.3 mi |
E 25818 N 68TH Avenue Sold | $543,000 | 4 | 3 | 2,866 | $189 | 0.3 mi |
F 7043 W JACKRABBIT Lane Active Under Contract | $750,000 List Price | 5 | 3 | 3,970 | $189 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring several recent cosmetic updates including new flooring in the living room, a refreshed kitchen with new paint and backsplash, and updated light fixtures. While the home was built in 2002, the interior shows minimal wear, and major components like the pool heater have been recently replaced. It strikes a balance between original 2002 features and modern updates, fitting the 'Good' criteria perfectly.
The property is uniquely positioned on a private cul-de-sac bordering a community park and the Ludden Mountain Preserve, offering exceptional privacy and scenic views.
The outdoor space features a heated pool and spa with a newly replaced heater, mature shade trees, and freshly reseeded grass, creating a high-end entertainment area.
With over 3,700 sq. ft., the home offers vaulted ceilings and significant recent upgrades, including new living room flooring, a refreshed kitchen, and updated light fixtures.
The multi-level floor plan, while adding character, may be a drawback for buyers seeking single-story living or improved accessibility.
Built in 2002, the home is reaching a point where major mechanical systems or the roof may require inspection or replacement despite the recent cosmetic updates.
Looking for the perfect location? Home sits on a cul-de-sac almost entirely to itself and borders the community park! In addition, the highly sought after Terramar community sits next to the Ludden Mountain Preserve (The drive up is stunning!) Home has Gorgeous mature trees on the property providing ample shade, gorgeous resort - style heated pool with spa (heater just replaced). Closed off den on the main can be used as a guest bedroom. Multiple levels add unique character. High vaulted ceiling in the entryway with tons of natural lighting. Kitchen just painted, new light fixtures and backsplash added, downstairs room and bath just painted! New Flooring installed in Living. Backyard grass just reseeded! This home is a MUST SEE!
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades 9-12 • 1.8 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 | 3,721 | 2,519 | 90% |
| Lot Size | 9,224 | 7,500 | 69% |
| Price | $753.0K | $509.9K | 81% |
| Price per sq ft | $202 | $214 | 45% |
| Built year | 2002 | 2011 | 17% |
| HOA | $255 | $166 | 61% |
| Days on market | 36 | 2134 | 0% |
Apr 21, 2026
$753,000
$755,000
+0% Price Increase
Initial Listing
Apr 15, 2026
$755,000
$759,000
-1% Price Drop
Initial Listing
Mar 17, 2026
$759,000
Initial Listing