Unbeatable Value - Brand New Luxury Home Near TSMC! Move-in ready and never lived in, this custom new construction home on a full acre with no HOA offers modern design, flexible living, and a premium location in the North Phoenix Tech Corridor. Just minutes from the TSMC Semiconductor Plant, I-17, Loop 303, Lake Pleasant, and top shopping/dining, this property is ideal for tech professionals, investors, and families seeking both convenience and long-term value. Inside, enjoy soaring ceilings, 8' doors, a designer Great Room with a showcase fireplace, and a gourmet Kitchen featuring quartzite countertops, premium cabinetry, and a walk-in pantry. The split Owner's Suite provides spa-style comfort with a soaking tub and oversized shower, while two guest bedrooms, a dedicated Office, and a huge 3-car garage create flexibility for work and play.Outside, the acre lot offers endless options: bring your RVs, work trucks, or horses, or add a guest house, pool, or collector garage. Built by a trusted local builder with 30+ years of experience, this home delivers quality craftsmanship, modern luxury, and unbeatable price in one of Phoenix's fastest-growing areas.
For sale
Price cut: $29.1K (5/20)
$749,900
553 W Cavalry Road, New River, AZ 85087
4beds
2,167sqft
Single Family Residence
Built in 2025
1 Acres Lot
$-- Zestimate®
$346/sqft
$-- HOA
What's special
Acre lotShowcase fireplaceFlexible livingSoaring ceilingsModern designDedicated officeSpa-style comfort
- 364 days |
- 575 |
- 30 |
Zillow last checked:
Listing updated:
Listed by:
Debbie Omundson 480-375-1522,
Russ Lyon Sotheby's International Realty,
Susan Folts 480-540-4410,
Russ Lyon Sotheby's International Realty
Source: ARMLS,MLS#: 6886018
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Gas Cooktop, Built-In Electric Oven
- Laundry: Inside
Features
- Pantry, High Speed Internet, Double Vanity, Breakfast Bar, No Interior Steps, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 2,167
- Total interior livable area: 2,167 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage Door Opener, Direct Access
- Garage spaces: 3
- Uncovered spaces: 3
Features
- Stories: 1
- Patio & porch: Covered, Patio
- Pool features: None
- Spa features: None
- Fencing: Block
Lot
- Size: 1 Acres
- Features: Dirt Front, Dirt Back
Details
- Parcel number: 20221043J
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame
- Roof: Foam,Metal
Condition
- Complete Spec Home
- New construction: No
- Year built: 2025
Details
- Builder name: Don Fredricks
Utilities & green energy
- Sewer: Septic Tank
- Water: Shared Well
- Utilities for property: Propane
Green energy
- Water conservation: Recirculation Pump
Community & HOA
Community
- Security: Fire Sprinkler System
- Subdivision: Move in Ready - New Custom - Huge Acre - 3 Car Garage
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: New River
Financial & listing details
- Price per square foot: $346/sqft
- Tax assessed value: $44,500
- Annual tax amount: $470
- Date on market: 6/27/2025
- Cumulative days on market: 364 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Price change | $749,900-3.7%$346/sqft |
Source:  ARMLS #6886018 Report a problem | ||
| 3/1/2026 | Price change | $779,000-2.5%$359/sqft |
Source: ARMLS #6886018 Report a problem | ||
| 10/2/2025 | Price change | $799,000-7%$369/sqft |
Source: ARMLS #6886018 Report a problem | ||
| 6/27/2025 | Listed for sale | $859,000$396/sqft |
Source: ARMLS #6886018 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $319 +0.3% | $6,675 -24.6% |
| 2024 | $318 +101.2% | $8,850 +386.8% |
| 2023 | $158 | $1,818 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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: 85087
Nearby schools
GreatSchools rating
- 7/10New River Elementary SchoolGrades: PK-6Distance: 4.8 mi
- 10/10Boulder Creek High SchoolGrades: 7-12Distance: 4 mi
Schools provided by the listing agent
- Elementary: New River Elementary School
- Middle: Gavilan Peak School
- High: Boulder Creek High School
- District: Deer Valley Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Maricopa County
- New River
- 85087
- 553 W Cavalry Road
Nearby cities
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