$355,000
Sun Lakes, AZ 85248
MLS# 6981539
2 beds | 2 baths

1 / 1
Property Description
Welcome to the gated community of Palo Verde in Sun Lakes—one of the area's most sought-after 55+ golf communities. Situated on a quiet interior street, this well-maintained Valencia model represents a rare below-market opportunity for the discerning buyer or savvy investor. Lovingly cared for and thoughtfully preserved, the home offers solid fundamentals with exceptional potential—an ideal canvas for tasteful personalization. Homes of this caliber, in this location, are becoming increasingly scarce within Palo Verde. This is a property whose value and possibilities are best appreciated through a private, in-person visit.
Details
Maps
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $355,000
Status: Active
Current Price: $355,000
List Date: 2026-02-08
Location, Tax & Legal
Assessor's Map #: 70
Legal Description (Abbrev): LOT 51 SUN LAKES UNIT 23 MCR
Assessor's Parcel #: 51
Tax Municipality: Maricopa - COUNTY
Taxes: 2519
House Number: 26602
Compass: S
Street Name: RIBBONWOOD
St Suffix: Drive
City/Town Code: Sun Lakes
State/Province: AZ
Zip Code: 85248
Zip4: 9278
County Code: Maricopa
Assessor Number: 303-70-051
Subdivision: SUN LAKES UNIT 23
Tax Year: 2025
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 1
Full Bathrooms: 2
Half Bathrooms: 0
Approx SQFT: 1473
Price/SqFt: 241
Approx Lot SqFt: 5823
Approx Lot Acres: 0.134
Flood Zone: TBD
Horses: N
Model: Valencia
Builder Name: Robson
Elementary School District: Adult
High School District: Adult
Elementary School: Adult
Jr. High School: Adult
High School: Adult
Community Pool Y/N: Yes
Private Pool Y/N: No
Planned Comm Name: Palo Verde
Fireplace YN: No
Marketing Name: Palo Verde
Dwelling Type: Single Family Residence
Exterior Stories: 1
# Bedrooms: 2
Total Bathrooms: 2
Year Built: 1991
Legal Info
Range: 5E
Section: 33
Township: 2S
Lot Number: 51
Special Listing Cond
FIRPTA may apply: 1
Age Restricted (See Remarks): 1
Construction
Block: 1
Const - Finish
Stucco: 1
Roofing
Tile: 1
Association & Fees
HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Transfer Fee: 350
HOA Fee: 1842
HOA Paid Frequency: Annually
HOA Name: Sun Lakes HOA #2
HOA Telephone: 480-895-3550
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 5000
Cap Improvement/Impact Fee $/%: $
Prepaid Association Fees HOA: 0
Disclosure Fees HOA: 0
Other Fees HOA: 263
Other Fees Description: Annual Road Fee (paid in January only) $425.00
Com Facilities Distr: N
Land Lease Fee Y/N: N
Rec Center Fee Y/N: Y
Rec Center Fee: 0
Rec Center Pd (Freq): Annually
Ttl Mthly Fee Equiv: 153.5
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Architecture
Territorial/Santa Fe: 1
Master Bathroom
Full Bth Master Bdrm: 1
Add'l Property Use
None: 1
Flooring
Tile: 1
Community Features
Biking/Walking Path: 1
Clubhouse/Rec Room: 1
Comm Tennis Court(s): 1
Gated: 1
Golf: 1
Pickleball: 1
Transportation Svcs: 1
Workout Facility: 1
Dining Area
Eat-in Kitchen: 1
Breakfast Nook: 1
Breakfast Room: 1
Dining in LR/GR: 1
Heating
Electric: 1
Kitchen Features
Built-In Electric Oven: 1
Disposal: 1
Electric Oven: 1
Electric Range: 1
Electric Cooktop: 1
Cooling
Central Air: 1
Laundry
Washer Included: 1
Dryer Included: 1
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Road Surface Type
Asphalt: 1
Road Responsibility
Private Maintained Road: 1
Fencing
Back Yard: 1
Water Source
Pvt Water Company: 1
Community Pool Features
Outdoor: 1
Spa
Heated: 1
Sewer
Sewer - Private: 1
Parking Spaces
Slab Parking Spaces: 2
Total Covered Spaces: 2
Garage Spaces: 2
Foundation Details
Slab: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Utilities
SRP: 1
Existing 1st Loan
Treat as Free&Clear: 1
Landscaping
Desert Front: 1
Desert Back: 1
Unit Style
All on One Level: 1
Disclosures
Seller Discl Avail: 1
Possession
Close of Escrow: 1
Association Fee Incl
Street Maint: 1
Assoc Rules/Info
Pets OK (See Rmrks): 1
Remarks Misc
Cross Street: Alma School Road & San Tan Blvd.
Directions: From the intersection of Riggs Road & Alma School Road - head south. Turn left on E San Tan Blvd. First right past security gate on S Ribbonwood. Home is located on the right. Suggest using your GPS for more precise directions from your exact location.
Geo Lat: 33.205514
Geo Lon: -111.850849
Property Features
Special Listing Cond: FIRPTA may apply; Age Restricted (See Remarks)
Add'l Property Use: None
Architecture: Territorial/Santa Fe
Master Bathroom: Full Bth Master Bdrm
Flooring: Tile
Community Pool Features: Outdoor
Spa: Heated
Community Features: Biking/Walking Path; Clubhouse/Rec Room; Comm Tennis Court(s); Gated; Golf; Pickleball; Transportation Svcs; Workout Facility
Dining Area: Eat-in Kitchen; Breakfast Nook; Dining in LR/GR; Breakfast Room
Kitchen Features: Built-In Electric Oven; Electric Oven; Electric Range; Electric Cooktop; Disposal
Laundry: Washer Included; Dryer Included
Foundation Details: Slab
Road Surface Type: Asphalt
Road Responsibility: Private Maintained Road
Construction: Block
Const - Finish: Stucco
Roofing: Tile
Cooling: Central Air
Heating: Electric
Utilities: SRP
Water Source: Pvt Water Company
Sewer: Sewer - Private
Fencing: Back Yard
Landscaping: Desert Front; Desert Back
Lockbox Type: Supra
Possession: Close of Escrow
Unit Style: All on One Level
Association Fee Incl: Street Maint
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional
Disclosures: Seller Discl Avail
Listing Office: Realty ONE Group
Last Updated: February - 08 - 2026
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