8807 W WILLIAMS Road, Peoria, AZ 85383, Peoria, 85383 - 4 bed, 3 bath
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Peoria, AZ 85383
This Dual-Residence Acreage Estate is a Strong Value Opportunity, listed at $749,000—positioned well below the $797,484 Fair Market Value by 6%. This valuation gap provides $48,484 in Instant Equity. While the property holds a Condition Rating of 4 due to its original 1990s finishes, it offers immense utility with two independent homes, a sparkling pool, and nearly an acre of unincorporated land with no HOA. This setup is perfect for Multi-Generational Families or Owner-Occupants seeking a high-utility asset with rental or home-business potential.
Property is moderate renovation needed.
Built in 1993 (31 years old), the property features mostly original finishes that are significantly dated. The kitchen and bathrooms retain 90s-era oak cabinetry and laminate countertops. While functional, the interior shows visible wall patching, dated carpeting, and wallpaper borders, indicating a need for cosmetic updates and minor repairs throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 41031, living area = 2202.
The property features two fully independent homes on a single lot, providing exceptional flexibility for multi-generational living, guest accommodations, or significant rental income potential.
Situated on nearly an acre with no HOA, the property allows for horses, home-based businesses, and unrestricted storage for RVs, boats, and trailers, offering rare autonomy for the area.
Built in 1993, the property may require cosmetic updates or system modernizations to meet the aesthetic and efficiency standards of contemporary luxury buyers in Peoria.
Managing two separate dwellings, a large pool, and nearly an acre of land entails higher ongoing maintenance costs and utility management compared to a standard single-family home.
Spacious (.92 acre) and versatile property offering two homes on unincorporated land with incredible flexibility for living, working, and recreation. The main residence is a 2-story home featuring four bedrooms and 2.5 bathrooms. One of the secondary bedrooms includes a charming mini loft--perfect for a play area, reading nook, or creative space. The home also includes an extended two-car garage with an additional bonus room off the garage already equipped with electrical and plumbing, offering excellent potential to convert into a full attached casita, guest suite, or private office. The 2nd home is fully independent, featuring two bedrooms and one bathroom. It is double insulated, includes a skylight, full kitchen, bath, bed, living & laundry room. Extended RV garage. Sparkling Pool washer and dryer hookups, and its own extended RV garage--ideal for guests, rental income, or multi-generational living. The property itself is designed for both enjoyment and functionality, highlighted by a large pool and ample space for all your toys. Horses are allowed, and there is plenty of room for boat, trailer, and RV parking. Located on unincorporated land, the property allows for home-based business opportunities, adding even more value and versatility. Buyer to verify all facts pertinent to the buyer.
No exterior & parking available.
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 | 2,202 | 2,607 | 32% |
| Lot Size | 41,031 | 8,026 | 96% |
| Price | $749.0K | $438.5K | 78% |
| Price per sq ft | $340 | $187 | 90% |
| Built year | 1993 | 2008 | 1% |
| HOA | $0 | $168 | 7% |
| Days on market | 39 | 2393 | 0% |
Apr 29, 2026
$749,000
Initial Listing