7934 W Banff Lane, Peoria, AZ 85381

$695,000
3
BD
2
BA
2,405
SqFt
Sold Price
$695,000
List Price
$699,999
Closing Date
Dec 29, 2023
Days on Market
70
Status
CLOSED
MLS#
6614561
City
Peoria
Bedrooms
3
Bathrooms
2
Living SQFT
2,405
Lot Size
46,994
Subdivision
Thunderbird North Unit 2
Year Built
1976
Type
Single Family - Detached

Property Description

Welcome to your dream oasis on a sprawling 1-acre lot, nestled in a prime location close to highways, shopping centers, entertainment, and top-rated schools, this property is a rare find in the heart of Peoria. Boasting three generously sized bedrooms, with the potential to convert into 4-5 bedrooms, and two bathrooms. The 13-inch thick exterior walls, foam insulation, and dual-pane windows ensure year-round comfort, while the multi-function air-distribution system and return air system guarantee fresh, clean air throughout. With NO HOA restrictions, this is an equestrian paradise with plenty of space for your horses. In addition, there's ample parking for RVs, boats, etc. The roofing is a built-up system consisting of Dupont Neoprene, Rubber, and Hypalon. MORE! Storage enthusiasts will delight in the copious storage space provided by the large closets, laundry room, garage shop, and the impressive barn in the backyard. Plus, the 2-car carport can easily be transformed into a spacious garage to house all your vehicles and toys. One of the standout features of this property is its versatility. Irrigation is hassle-free with a concrete delivery ditch that costs just approximately $300 per year. Energy efficiency is paramount here, with electric bills averaging a mere $120/month year-round. Don't miss this incredible opportunity, where 1-acre lots in the area are valued between $400,000 and $425,000 alone.

Additional Information

Elementary School
Paseo Verde Elementary School
High School
Centennial High School
Middle School
Paseo Verde Elementary School
School District
Peoria Unified School District
Acres
1.08
Architecture
Territorial/Santa Fe
Assoc Fee Includes
No Fees
Builder Name
Owner
Construction
Painted, Stucco, Block
Cooling
Ceiling Fan(s), Refrigeration
Exterior Features
Covered Patio(s), Patio, Storage
Fencing
Other, None
Fireplace
1 Fireplace, Living Room
Flooring
Carpet, Linoleum, Tile
Heating
Electric
Horses
Yes
Living Area
2,405
Lot Size
46,994
Model
Custom
New Financing
Conventional
Other Rooms
Family Room, Separate Workshop
Parking Features
Side Vehicle Entry, RV Access/Parking
Property Description
North/South Exposure
Roofing
Built-Up
Sewer
Septic Tank
Spa
None
Stories
1
Style
Detached
Subdivision
Thunderbird North Unit 2
Taxes
$1,669
Tax Year
2022
Water
City Water

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices Arizona Properties. Selling Office: HomeSmart.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.