15000 N 88TH Avenue, Peoria, AZ, 85381
About This Home
Lakefront Luxury Living in Desert Harbor -- Bring your buyers! Seller is offering a $10,000 incentive with an acceptable offer, giving buyers flexibility whether financing or paying cash Step into your own private paradise on Desert Harbor's one-of-a-kind, 46-acre freshwater lake not recycled water like most others in the Valley. This rare lakefront luxury home invites you to live, relax, and play in a true resort-style setting. Enjoy unobstructed mountain views stretching west to the White Tanks while you lounge beside your diving, sparkling pool or cast a line from your private dock. Cruise freely across open waters in your included 16' Voyager pontoon boat, designed for sunset rides, leisurely fishing, and unforgettable weekends with family and friends. Unlike most lake communities, Desert Harbor's vast, open water lets you explore for hours no narrow canals, no circling the same pond. This home has also been a highly desirable Spring Training rental for 14 years, averaging $9,000-$10,000/mo (30-day minimum per HOA), offering exceptional income potential. Walk to Desert Harbor Elementary (K-8) and nearby Centennial High School. Minutes to P83 Entertainment District, shopping, restaurants, Spring Training for the Mariners/Padres, and Westgate with State Farm Stadium, Desert Diamond Casino, and more. Finally, just steps from Desert Harbor and Spinnaker Cove is the New River Trail, a 19 mile biking and walking path that connects directly to Rio Vista's Recreation Center. Here, residents can take advantage of a full fitness club, indoor pickleball and basketball, racquetball, rock climbing, and community rooms, all offered for a nominal monthly or annual fee. A rare chance to own true freshwater lakefront living with unmatched lifestyle and investment appeal!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1998
Materials
- Roof: Tile
- Construction materials: Stucco,Wood Frame,Painted
Other
- Builder name: TOWNE
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Built-in Microwave,Dishwasher,Disposal,Electric Range,Built-In Electric Oven
- Laundry features: Inside
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Granite Counters,Double Vanity,Eat-in Kitchen,Vaulted Ceiling(s),Kitchen Island,Pantry,Full Bth Master Bdrm,Separate Shwr & Tub
- Window features: Screens,Double Pane Windows
- Flooring: Carpet,Tile
Heating & Cooling
- Heating features: Heat Pump,Electric
- Cooling features: Heat Pump,Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 1,874
- Total interior livable area: 1,874 sqft
Property
Details
- Parcel number: 20061608
Features
- Stories: 1
- Private pool: Yes
- Pool features: Diving Pool
- Patio & porch: Covered,Patio
- Exterior features: Built-in Barbecue
- Spa features: None,Bath
- Fencing: Back Yard,Block,Wrought Iron,Wood
- Has view: Yes
- View description: Lake,Mountain(s)
- Has water view: Yes
- Water view: Lake
- On waterfront: Yes
- Waterfront features: Waterfront
Lot
- Lot size: 0.28 Acres
- Features: East/West Exposure,Waterfront,Corner Lot,Desert Back,Desert Front,Cul-De-Sac
Parking
- Total spaces: 6
- Parking features: Attached,Garage Door Opener,Attch'd Gar Cabinets
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Has uncovered spaces: Yes
- Uncovered spaces: 3
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
- Inland Flooding
- Hail
How This Home’s Risks Compare
FEMA Declared Disasters in Maricopa County and Arizona
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,387 | $40,644 |
| Home Insurance | $195 | $2,340 |
| Property Taxes | $245 | $2,940 |
| Electricity | $216 | $2,603 |
| Total | $4,043 | $48,516 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Price change | $715,000 |
| 2026-03-09 | Listed for sale | $725,000 |
| 2025-12-02 | Listing removed | $725,000 |
| 2025-11-13 | Listed for sale | $725,000 |
| 2025-08-22 | Listing removed | -- |
| 2025-08-18 | Pending sale | $725,000 |
| 2025-08-16 | Listed for sale | $725,000 |
| 2025-08-07 | Listing removed | $4,500 |
| 2025-07-24 | Price change | $4,500 |
| 2025-04-19 | Price change | $5,700 |
| 2025-03-27 | Price change | $7,500 |
| 2025-01-26 | Price change | $6,000 |
| 2025-01-18 | Price change | $9,000 |
| 2025-01-13 | Price change | $7,500 |
| 2024-12-30 | Price change | $8,900 |
| 2024-12-26 | Price change | $9,900 |
| 2024-11-14 | Price change | $4,000 |
| 2024-11-03 | Price change | $4,400 |
| 2024-09-17 | Price change | $4,800 |
| 2024-08-26 | Price change | $7,200 |
| 2024-08-12 | Price change | $6,000 |
| 2024-03-20 | Price change | $4,200 |
| 2024-03-12 | Price change | $4,600 |
| 2024-01-30 | Price change | $4,200 |
| 2024-01-11 | Listed for rent | $4,800 |
| 2004-11-17 | Sold | $364,000 |
| 2003-07-28 | Sold | $298,000 |
| 1998-09-11 | Sold | $191,579 |
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