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For sale
  • $425,000

    40734 W Wade Drive, Maricopa, AZ 85138

    5beds
    3,003sqft
    : 
    $2,772/mo
    Get pre-qualified
    Single Family Residence
    Built in 2013
    5,827 Square Feet Lot
    $-- Zestimate®
    $142/sqft
    $91/mo HOA

    What's special

    Expansive floor planSerene lake settingStunning waterfront viewsLakefront livingLow-maintenance landscapingVersatile bonus loftFive generously sized bedrooms
    Rare lakefront living in Arizona! Nestled within the highly desirable Lakes at Rancho El Dorado community, this beautiful Meritage home offers stunning waterfront views and an abundance of space for comfortable living and entertaining. Designed with room for everyone, this expansive floor plan features a formal living room, spacious family room, versatile bonus loft, and five generously sized bedrooms. Whether you're hosting gatherings, working from home, or simply enjoying everyday life, you'll appreciate the flexibility and functionality this home provides. The kitchen is beautifully appointed with granite countertops, while the bathrooms showcase elegant marble finishes. Durable ceramic wood-look tile flooring throughout the downstairs living areas adds both style and easy maintenanc Outside, low-maintenance landscaping allows you to spend more time enjoying the serene lake setting and less time on yard work. Offering the perfect combination of space, upgrades, and picturesque waterfront living, this exceptional home is a rare opportunity to enjoy one of Arizona's most sought-after lake communities.
    51 days
    |
    650
    |
    41
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    R McClain Blackburn 435-790-0476,

    My Home Group Real Estate,

    Douglas Hopkins,

    My Home Group Real Estate

    Source: ARMLS,MLS#: 7038926MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Heat Pump, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator, Built-in Microwave, Dishwasher, Electric Oven
      • Laundry: Inside
      Features
      • Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
      • Flooring: Carpet, Laminate, Tile
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 3,003
      • Total interior livable area: 3,003 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Garage, Carport, Open
      • Garage spaces: 2
      • Carport spaces: 2
      • Covered spaces: 4
      • Uncovered spaces: 2
      Features
      • Stories: 2
      • Spa features: None
      • Fencing: Block,Partial
      • On waterfront: Yes
      • Waterfront features: Waterfront
      Lot
      • Size: 5,827 Square Feet
      • Features: Waterfront, Gravel/Stone Front, Gravel/Stone Back
      Details
      • Parcel number: 51234543

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Wood Frame, Painted
      • Roof: Tile
      Condition
      • Year built: 2013
      Details
      • Builder name: MERITAGE HOMES

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Pvt Water Company

      Community & HOA

      Community
      • Subdivision: RANCHO EL DORADO PHASE III PARCEL 37
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds
      • HOA fee: $91 monthly
      • HOA name: RANCHO EL DORADO
      • HOA phone: 480-921-7500
      Location
      • Region: Maricopa

      Financial & listing details

      • Price per square foot: $142/sqft
      • Tax assessed value: $394,013
      • Annual tax amount: $2,895
      • Date on market: 6/8/2026
      • Cumulative days on market: 51 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/8/2026Listed for sale$425,000+66.1%$142/sqft
        Source: ARMLS #7038926 Report a problem
        2/28/2014Sold$255,880$85/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$2,895 +3.6%$39,400 +4.1%
        2025$2,796 +2.7%$37,843 -13.4%
        2024$2,723 +2.9%$43,698 +19.7%
        2023$2,645 +4.8%$36,497 -6.5%
        2022$2,525 +4.8%$39,037 +8.8%
        2021$2,411 +4%$35,885 +17.3%
        2020$2,318 +1.3%$30,599 +62.7%
        2019$2,287 +5%$18,806 +7.3%
        2018$2,179 +11.1%$17,523 -1.1%
        2017$1,962 +4%$17,709
        2016$1,887 +566.5%--
        2014$283 $1,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Rancho el Dorado

        Getting around

        0 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Maricopa Elementary School
        • Middle: Maricopa Elementary School
        • High: Maricopa High School
        • District: Maricopa Unified School District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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