7934 W Banff Lane, Peoria, AZ 85381

$695,000
3
BD
2
BA
2,405
SqFt

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Sold Price
$695,000
List Price
$699,999
Status
CLOSED
Days on Market
70
Closing Date
Dec 29, 2023
MLS#
6614561
Subtype
Residential
Style
Territorial/Santa Fe
Year Built
1976
Bedrooms
3
Bathrooms
2
Living Area
2,405
Lot Size
46,994
Acres
1.08
Subdivision
Thunderbird North Unit 2

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

Interior Features
High Speed Internet, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Full Bth Master Bdrm, Laminate Counters
Exterior Features
Storage
Taxes
$1,669
Property Description
Territorial/Santa Fe
Flooring
Carpet, Linoleum, Tile
Heating
Electric
Air Conditioning
Central Air, Ceiling Fan(s)
Exterior Construction
Stucco, Painted, Block
Stories
1
Parking Features
RV Access/Parking, Side Vehicle Entry
School District
Peoria Unified School District
Elementary School
Paseo Verde Elementary School
Middle School
Paseo Verde Elementary School
High School
Centennial High School

Mortgage Calculator

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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Robert Sullivan (480-869-6569) from Listing Office: 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 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.