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3720 Monterey Dr, Lake Havasu City, AZ, 86406

2beds
2baths
1,695sqft
$410,000
$242price/sqft
$2,536/moest. monthly cost
$101,440/yrincome needed

About This Home

Generous Price Reduction!! Discover the rare opportunity a highly desirable 2/2/2 1,695 sq. ft. in beautiful Lake Havasu set on an expansive .45-acre level lot that offers unmatched potential. This property's lot features an impressive 100+ feet of width, giving buyers the freedom to create the ultimate Havasu retreat. Whether you envision a double RV garage, massive 100-ft+ wide garage expansion, sparkling pool, casita, gazebo, or a full resort-style backyard--this lot can accommodate it all. The existing home offers approximately 1,700 sq ft and was originally designed as a three-bedroom layout, providing flexibility for customization, expansion, or a modern redesign. Perfect for buyers seeking space, affordability, and the freedom to build without the constraints of big-city living, this property delivers the ideal blend of privacy, versatility, and opportunity.

Getting Around

24
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

8/10
3/10
6/10
Lake Havasu High SchoolGrades 9-124.1 mi

Construction

Condition

  • Year built: 1986

Materials

  • Roof: Shingle
  • Construction materials: Frame,Stucco

Other

  • Builder name: Conestoga Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Dryer,Electric Water Heater
  • Laundry features: Electric Dryer Hookup,Utility Room,Inside

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • 3/4 bathrooms: 2

Features

  • Laminate Counters,Casual Dining,Counters-Cultured Marble,Rear Kitchen,Breakfast Bar,Ceiling Fan(s),Open Floorplan
  • Window features: Skylight(s),Window Coverings
  • Flooring: Laminate,Carpet,Tile
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Roof Mount Unit(s),Heat Pump,Central,Electric
  • Cooling features: Roof Mount Unit(s),Central Air,Electric

Interior Area

  • Total structure area: 1,695
  • Total interior livable area: 1,695 sqft

Property

Details

  • Parcel number: 11107010a
  • Zoning description: L-R-1 Single-Family Residential

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Enclosed Patio,Covered Patio
  • Exterior features: RV Hookup,Direct Bathroom Access,Watering System
  • Fencing: None
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 0.45 Acres
  • Features: Level,Backs to a Wash,Corner Lot
  • Lot size dimensions: 170 x 150 x 120 x 130

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Built In Cabinets,Door - 7 Ft Height
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Heat Wave
Lightning

FEMA Declared Disasters in Mohave County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,073$24,876
Home Insurance $101$1,212
Property Taxes $146$1,752
Electricity $216$2,603
Total$2,536$30,432

Income You'd Need if You Spent...

35% on housing$86,948/yr
40% on housing$76,080/yr
45% on housing$67,626/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.5%
10.5%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.3%
-2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$242This listing

vs Other Active Listings

Avg $/sqft

ZIP 86406$364
Mohave County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 86406$305
Mohave County$218

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-11Pending sale$410,000
2026-02-27Price change$410,000
2026-01-19Listed for sale$430,000

For Sale by Agent

AgentShaneen Mitchell
BrokerageColdwell Banker Realty

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