1566 Palace Way Unit 16, Lake Havasu City, AZ, 86403
About This Home
Beautifully located townhome/condo in one of Lake Havasu's most desirable areas! This immaculate residence borders Rotary Park and the Queens Bay Country Club, putting you within easy walking distance of the lake, London Bridge, restaurants, bars, beaches, and local amenities that make this location exceptional. Step inside to a functional layout with spacious living areas and abundant natural light. The living room features a cozy natural gas fireplace and opens to views of the pool. A beautiful master suite located on the first floor and an additional bedroom on the third floor are perfectly arranged for comfort. The complex boasts two beautiful community pools, a spa, large grass areas, and a clubhouse, offering a lifestyle that blends relaxation with convenience. Enjoy direct access to outdoor recreation including walking paths, Rotary Park's beach and picnic areas, golf, water activities on Lake Havasu, the London Bridge and more — all just steps from your front door. Known as one of Havasu's most fun and exciting locations, this property is ideal for full-time living, vacation use, or investment.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1983
Materials
- Roof: Tile
- Construction materials: Frame,Stucco
Other
- Builder name: Harrah
Type & Style
- Home type: Townhouse
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Electric Cooktop,Electric Dryer,Water Softener Owned,Electric Water Heater,Microwave
- Laundry features: Electric Dryer Hookup,Inside
Bedroom2
- Level: Third
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Vaulted Ceiling(s),Casual Dining,Breakfast Bar,Ceiling Fan(s),Open Floorplan
- Window features: Window Coverings
- Flooring: Carpet,Tile
Heating & Cooling
- Heating features: Roof Mount Unit(s),Electric
- Cooling features: Roof Mount Unit(s),Central Air,Electric
Interior Area
- Total structure area: 1,713
- Total interior livable area: 1,713 sqft
Property
Details
- Parcel number: 10743016a
- Zoning description: L-R-5 R5 Multiple Family Residential
- Special condition: CCR's
Features
- Private pool: Yes
- Pool features: Gunite
- Patio & porch: Covered Patio
- Exterior features: Balcony
- Spa features: Bath
- Fencing: None
Lot
- Lot size: 2,178 sqft
- Features: Level,Lake Side of Highway
- Lot size dimensions: 25 x 34 x 25 x 34
Parking
- Total spaces: 2
- Parking features: Garage Door Opener,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
- Inland Flooding
- Heat Wave
- Lightning
- Earthquake
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Mohave 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 | $1,920 | $23,040 |
| Home Insurance | $111 | $1,332 |
| Property Taxes | $136 | $1,632 |
| Electricity | $216 | $2,603 |
| Total | $2,383 | $28,596 |
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 |
|---|---|---|
| 2026-03-31 | Price change | $379,900 |
| 2026-01-07 | Listed for sale | $385,000 |
| 2024-03-27 | Listing removed | -- |
| 2024-03-05 | Price change | $450,000 |
| 2024-01-23 | Listed for sale | $460,000 |
| 2024-01-11 | Listing removed | -- |
| 2023-12-28 | Listed for sale | $459,900 |
| 2021-05-25 | Sold | $280,000 |
| 2020-01-14 | Listing removed | $1,600 |
| 2020-01-05 | Price change | $1,600 |
| 2019-12-16 | Listed for rent | $1,800 |
| 2019-12-15 | Listing removed | $268,900 |
| 2019-11-19 | Price change | $268,900 |
| 2019-10-25 | Price change | $274,900 |
| 2019-07-08 | Price change | $299,000 |
| 2019-04-12 | Listed for sale | $315,000 |
| 2018-06-14 | Listing removed | $1,800 |
| 2018-03-11 | Listed for rent | $1,800 |
| 2016-07-08 | Sold | $181,000 |
| 2016-05-21 | Price change | $197,500 |
| 2016-02-24 | Listed for sale | $198,500 |
| 2015-09-30 | Listing removed | $194,500 |
| 2015-06-18 | Price change | $194,500 |
| 2014-10-28 | Price change | $199,500 |
| 2014-08-06 | Price change | $209,900 |
| 2014-03-18 | Listed for sale | $216,000 |
Pre-Foreclosure - For Sale by Agent
View on Zillow