Unbeatable Value - Brand New Luxury Home Near TSMC! Move-in ready and never lived in, this custom new construction home on a full acre with no HOA offers modern design, flexible living, and a premium location in the North Phoenix Tech Corridor. Just minutes from the TSMC Semiconductor Plant, I-17, Loop 303, Lake Pleasant, and top shopping/dining, this property is ideal for tech professionals, investors, and families seeking both convenience and long-term value. Inside, enjoy soaring ceilings, 8' doors, a designer Great Room with a showcase fireplace, and a gourmet Kitchen featuring quartzite countertops, premium cabinetry, and a walk-in pantry. The split Owner's Suite provides spa-style comfort with a soaking tub and oversized shower, while two guest bedrooms, a dedicated Office, and a huge 3-car garage create flexibility for work and play.Outside, the acre lot offers endless options: bring your RVs, work trucks, or horses, or add a guest house, pool, or collector garage. Built by a trusted local builder with 30+ years of experience, this home delivers quality craftsmanship, modern luxury, and unbeatable price in one of Phoenix's fastest-growing areas.
For sale
Price cut: $20K (3/1)
$779,000
553 W Cavalry Road, New River, AZ 85087
4beds
2,167sqft
Est.:
Single Family Residence
Built in 2025
1 Acres Lot
$-- Zestimate®
$359/sqft
$-- HOA
What's special
Acre lotShowcase fireplaceFlexible livingSoaring ceilingsModern designDedicated officeSpa-style comfort
- 270 days |
- 1,458 |
- 62 |
Zillow last checked: 7 hours ago
Listing updated: March 01, 2026 at 07:32am
Listed by:
Debbie Omundson 480-375-1522,
Russ Lyon Sotheby's International Realty,
Susan Folts 480-540-4410,
Russ Lyon Sotheby's International Realty
Source: ARMLS,MLS#: 6886018
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Gas Cooktop, Built-In Electric Oven
- Laundry: Inside
Features
- Pantry, High Speed Internet, Double Vanity, Breakfast Bar, No Interior Steps, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 2,167
- Total interior livable area: 2,167 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage Door Opener, Direct Access
- Garage spaces: 3
- Uncovered spaces: 3
Features
- Stories: 1
- Patio & porch: Covered, Patio
- Pool features: None
- Spa features: None
- Fencing: Block
Lot
- Size: 1 Acres
- Features: Dirt Front, Dirt Back
Details
- Parcel number: 20221043J
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame
- Roof: Foam,Metal
Condition
- Complete Spec Home
- New construction: No
- Year built: 2025
Details
- Builder name: Don Fredricks
Utilities & green energy
- Sewer: Septic Tank
- Water: Shared Well
- Utilities for property: Propane
Green energy
- Water conservation: Recirculation Pump
Community & HOA
Community
- Security: Fire Sprinkler System
- Subdivision: Move in Ready - New Custom - Huge Acre - No HOA
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: New River
Financial & listing details
- Price per square foot: $359/sqft
- Tax assessed value: $44,500
- Annual tax amount: $470
- Date on market: 6/28/2025
- Cumulative days on market: 271 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/1/2026 | Price change | $779,000-2.5%$359/sqft |
Source:  ARMLS #6886018 Report a problem | ||
| 10/2/2025 | Price change | $799,000-7%$369/sqft |
Source: ARMLS #6886018 Report a problem | ||
| 6/27/2025 | Listed for sale | $859,000$396/sqft |
Source: ARMLS #6886018 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $319 +0.3% | $6,675 -24.6% |
| 2024 | $318 +101.2% | $8,850 +386.8% |
| 2023 | $158 | $1,818 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,099/mo
Principal & interest
$3833
Property taxes
$266
More affordability tools
Climate risks
Neighborhood: 85087
Nearby schools
GreatSchools rating
- 7/10New River Elementary SchoolGrades: PK-6Distance: 4.8 mi
- 10/10Boulder Creek High SchoolGrades: 7-12Distance: 3.9 mi
Schools provided by the listing agent
- Elementary: New River Elementary School
- Middle: Gavilan Peak School
- High: Boulder Creek High School
- District: Deer Valley Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 85087
- Arizona
- Maricopa County
- New River
- 85087
- 553 W Cavalry Road
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