OPEN SAT 11AM - 2PM
$51K PRICE DROP
1225 Highway Loop Forest Lakes, AZ 85931
Forest Lakes NeighborhoodEstimated payment $2,885/month
Total Views
5,782
2
Beds
1
Bath
1,008
Sq Ft
$495
Price per Sq Ft
Highlights
- Horses Allowed On Property
- Vaulted Ceiling
- No HOA
- RV Access or Parking
- Furnished
- Circular Driveway
About This Home
Discover a unique opportunity in Forest Lakes Estates with this newly listed multi-family property at 1225 Highway Loop. Built in 2022, this award winning cabin offers a blend of eco-friendly living and potential rental income.
The 1008 square foot home features two bedrooms and one bathroom, showcasing an efficient use of space. The interior boasts modern amenities, including keyless entry, a smart thermostat, and a tankless water heater. The lower level comprises a kitchen, great room, two bedrooms, and a bathroom with an integrated laundry area. An additional sleeping loft or bonus living space is located upstairs, providing versatile living options. Exterior highlights include a durable Trex front deck, adding both aesthetic appeal and longevity to the property. Situated on over an acre of land in a cul-de-sac, this multi-family zoned lot presents numerous development possibilities. The county has already approved the construction of two additional tiny homes, offering potential for expansion or rental income. Sellers have also carved out a great location for a future garage.
Forest Lakes Estates, nestled atop the Mogollon Rim, provides a refreshing retreat just two hours from Phoenix, with temperatures 30-50 degrees cooler. The community is surrounded by towering Ponderosa Pines and features several trout-stocked lakes, perfect for fishing enthusiasts. Unlike many developments, Forest Lakes has no mandatory HOA, fostering a welcoming atmosphere with community events and a voluntary homeowners association.
Recreational opportunities abound in this vibrant area. Residents can explore the woods, kayak, fish, or navigate extensive UTV trails with breathtaking views. The community also boasts a library/church with a basketball court and a bustling community center that hosts markets, rummage sales, game nights, and special events like the 4th of July fair.
This can be a turnkey property, furniture is negotiable, allowing for immediate enjoyment.
Whether seeking a cool summer getaway or a charming winter wonderland, Forest Lakes offers the perfect retreat. Don't miss this chance to own a piece of tranquil paradise and create lasting memories in this unique, eco-friendly home.
Open House Schedule
-
Saturday, June 28, 202511:00 am to 2:00 pm6/28/2025 11:00:00 AM +00:006/28/2025 2:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,383
Year Built
- Built in 2022
Lot Details
- 1.24 Acre Lot
- Cul-De-Sac
- Grass Covered Lot
Home Design
- Wood Frame Construction
- Metal Roof
Interior Spaces
- 1,008 Sq Ft Home
- 1-Story Property
- Furnished
- Vaulted Ceiling
- Ceiling Fan
- Double Pane Windows
- ENERGY STAR Qualified Windows
- Vinyl Clad Windows
Kitchen
- Eat-In Kitchen
- Electric Cooktop
- Built-In Microwave
- Kitchen Island
- Laminate Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Home Security
- Security System Owned
- Smart Home
Parking
- Circular Driveway
- RV Access or Parking
Outdoor Features
- Patio
- Fire Pit
- Outdoor Storage
Utilities
- Mini Split Air Conditioners
- Mini Split Heat Pump
- Tankless Water Heater
- High Speed Internet
Additional Features
- ENERGY STAR Qualified Equipment for Heating
- Horses Allowed On Property
Listing and Financial Details
- Tax Lot 879
- Assessor Parcel Number 403-50-078
Community Details
Overview
- No Home Owners Association
- Association fees include no fees
- Built by Weigold
- Forest Lakes Estates Subdivision
Amenities
- Recreation Room
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,383 | $27,136 | -- | -- |
| 2023 | $1,274 | $21,709 | $0 | $0 |
| 2022 | $1,220 | $15,462 | $0 | $0 |
| 2021 | $1,182 | $13,445 | $0 | $0 |
| 2020 | $1,118 | $13,445 | $0 | $0 |
| 2019 | $1,095 | $12,053 | $0 | $0 |
| 2018 | $1,057 | $12,053 | $0 | $0 |
| 2017 | $661 | $7,120 | $0 | $0 |
| 2016 | $620 | $7,120 | $0 | $0 |
| 2015 | $597 | $7,120 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | Price Changed | $499,000 | -5.0% | $495 / Sq Ft |
| 06/04/2025 06/04/25 | Price Changed | $525,000 | -4.1% | $521 / Sq Ft |
| 05/29/2025 05/29/25 | Price Changed | $547,500 | -0.5% | $543 / Sq Ft |
| 01/01/2025 01/01/25 | For Sale | $550,000 | -- | $546 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $169,000 | Empire West Title Agency Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Joint Tenancy Deed | $50,000 | First American Title | |
| Interfamily Deed Transfer | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Previous Owner | $40,000 | Credit Line Revolving | |
| Previous Owner | $40,000 | Seller Take Back |
Source: Public Records
Similar Homes in the area
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6799536
APN: 403-50-078
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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