Sold for $720,000

$720,000

24426 S RIBBONWOOD Drive, Sun Lakes, AZ 85248

3beds

3baths

3,166sqft

Single Family Residence

Built in 1995

7,950 Square Feet Lot

$720,100 Zestimate^®

$227/sqft

$3,164 Estimated rent

Home value

$720,100

$655,000 - $792,000

$3,164/mo

Zestimate^® history

Owner options

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$3,164/mo

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$3,164/mo

Rent Zestimate^®

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$5,500/mo

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$5,500/mo

Est. payment

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What's special

Inviting fireplacesWaterfront livingMaster suiteSoaring ceilingsLow threshold showerSeamless indoor-outdoor livingExpansive layout

Welcome to unparalleled waterfront living in Arizona. This stunning home features a lavishly remodeled backyard, reminiscent of million-dollar estates, offering breathtaking views of the water that create a unique opportunity for luxury living. *Master Downstairs* Inside, you'll find a meticulously maintained space with soaring ceilings and an expansive layout that exudes elegance. The kitchen boasts ample storage, complete with kitchen island, perfect for culinary enthusiasts, while inviting fireplaces enhance the warmth and charm of the living areas. Enjoy seamless indoor-outdoor living that makes entertaining a delight. Master suite features low threshold shower & soaking tub. This property is truly one-of-a-kind with unforgettable views. Now priced 50k below recent appraisal!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Heating

Electric

Cooling

Central Air

Features

Eat-in Kitchen, Separate Shwr & Tub
Flooring: Carpet, Tile
Has basement: No

Interior area

Total structure area: 3,166
Total interior livable area: 3,166 sqft

Property

Parking

Total spaces: 5
Parking features: Garage, Open
Garage spaces: 3
Uncovered spaces: 2

Features

Stories: 2
Pool features: None
Spa features: None
Fencing: Block
On waterfront: Yes
Waterfront features: Waterfront

Lot

Size: 7,950 Square Feet
Features: Waterfront, Grass Front, Grass Back

Details

Parcel number: 30352546
Special conditions: Age Restricted (See Remarks)

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Stucco, Wood Frame
Roof: Tile

Condition

Year built: 1995

Utilities & green energy

Sewer: Public Sewer
Water: Pvt Water Company

Community & HOA

Community

Subdivision: SUN LAKES 28

HOA

Has HOA: Yes
Services included: Maintenance Grounds, Street Maint
HOA fee: $1,346 semi-annually
HOA name: Sun Lakes HOA 3
HOA phone: 480-317-3620

Location

Region: Sun Lakes

Financial & listing details

Price per square foot: $227/sqft
Tax assessed value: $572,300
Annual tax amount: $4,926
Date on market: 3/30/2025
Cumulative days on market: 232 days
Listing terms: Cash,FHA,VA Loan
Ownership: Fee Simple

Price history

Date	Event	Price
6/30/2025	Sold	$720,000-4%$227/sqft
Source: ARMLS #6779343 Report a problem
6/23/2025	Pending sale	$750,000$237/sqft
Source: ARMLS #6779343 Report a problem
4/25/2025	Price change	$750,000-3.1%$237/sqft
Source: ARMLS #6779343 Report a problem
4/8/2025	Price change	$774,000-3.2%$244/sqft
Source: ARMLS #6779343 Report a problem
1/30/2025	Price change	$799,900-5.8%$253/sqft
Source: ARMLS #6779343 Report a problem
1/7/2025	Price change	$849,000-4.6%$268/sqft
Source: ARMLS #6779343 Report a problem
11/3/2024	Listed for sale	$890,000+175.9%$281/sqft
Source: ARMLS #6779343 Report a problem
5/25/1995	Sold	$322,602$102/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,975 +19.4%	$57,230 -8.8%
2024	$3,328 +2%	$62,750 +43%
2023	$3,263 -27.9%	$43,866 -2.4%
2022	$4,524 +0.3%	$44,950 +7.4%
2021	$4,508 +4.4%	$41,860 +6.6%
2020	$4,317 +3.8%	$39,280 +8.5%
2019	$4,158	$36,200 +5.3%
2018	$4,158 +4.7%	$34,370 +1.1%
2017	$3,973 +8.6%	$33,980 -5.1%
2016	$3,658 +0.4%	$35,800 +8.1%
2015	$3,645	$33,130 +14.8%
2014	--	$28,870 +3.4%
2013	--	$27,930 -1%
2012	--	$28,220 -0.5%
2011	--	$28,350 -12.8%
2010	--	$32,510 -14.8%
2009	--	$38,170 -12.8%
2008	--	$43,750 +12.5%
2007	--	$38,900 +45.4%
2006	--	$26,750
2005	--	$26,750 -1.1%
2004	--	$27,050
2003	--	$27,050 +3.2%
2002	--	$26,200