8040 W VIA MONTOYA Drive, Peoria, AZ 85383, Peoria, 85383 - 5 bed, 3 bath
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Peoria, AZ 85383
This Extensively Renovated Residence is a High-Potential Investment Opportunity, with a List Price of $800,000—positioned well below the $1,121,836 Fair Market Value by 28%. This significant valuation gap offers $321,836 in Instant Equity. Boasting a Condition Rating of 2, the home features a new roof, HVAC, and oversized RV parking. Proximity to Sunrise Mountain High School ensures long-term desirability. With only minor finishing touches remaining, this is a premier acquisition for Owner-Occupants or Buy-and-Hold Investors seeking immediate wealth creation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8040 W VIA MONTOYA Drive Subject | $800,000* List Price | 5 | 3 | 3,406 | $329 | - |
A 22471 N 79TH Drive Sold | $775,000 | 4 | 3 | 3,406 | $228 | 0.2 mi |
B 22471 N 79TH Drive Sold | $775,000 | 4 | 3 | 3,406 | $228 | 0.2 mi |
C 22106 N 81st Drive Sold | $689,600 List Price | 4 | 3 | 2,946 | 0.2 mi | |
D 7732 W Louise Drive Sold | $605,000 | 5 | 3 | 2,634 | $230 | 0.4 mi |
E 22341 N 79TH Drive Active Under Contract | $799,000 List Price | 5 | 4 | 3,272 | $244 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations including a new roof, windows, HVAC system, and flooring throughout. With updated appliances and a remodeled primary shower, the home addresses all major high-value maintenance items and features modern aesthetic updates, meeting the criteria for a recently and extensively renovated property.
The property features significant high-value updates including a new roof, new windows, and a newer HVAC system, providing long-term value and reducing immediate maintenance costs for the buyer.
The inclusion of an oversized RV parking space is a premium amenity that caters specifically to outdoor enthusiasts and provides a rare storage solution within a residential subdivision.
With over 3,400 square feet and five bedrooms, the home offers a generous layout complemented by recent aesthetic updates to the flooring, appliances, and primary shower.
The listing indicates the home still requires 'finishing touches,' suggesting that buyers will need to dedicate additional time and budget to complete the property's aesthetic potential.
Built in 2000, the home may feature older architectural elements and floor plan constraints compared to the ultra-modern new builds frequently found in the competitive 85383 zip code.
This beautifully maintained 5 bedroom, 3 bath home invites you in with gorgeous updates including new windows, flooring, roof, primary shower, newer HVAC and appliances. Park your boat and RV in the oversized RV parking space and relax on the patio by the built-in fire pit. All the big updates are done, this just needs your finishing touches. Make this home yours today! Owner-Agent Property
No exterior & parking available.
Grades PK-8 • 0.7 mi
Grades 7-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 82% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,406 | 2,519 | 84% |
| Lot Size | 10,660 | 7,500 | 80% |
| Price | $800.0K | $509.9K | 87% |
| Price per sq ft | $235 | $215 | 56% |
| Built year | 2000 | 2011 | 11% |
| HOA | $340 | $166 | 75% |
| Days on market | 70 | 2135 | 0% |
Feb 12, 2026
$800,000
Initial Listing