$322,000
40264 W Lococo St, Maricopa, AZ 85138
Turnkey 3-Bed + Den Ranch on Huge Lot — Maricopa $322K
3 Bed · 2 Bath · 1,650 Sq Ft
Updated baths, fresh paint, and a spacious 9,377 sq ft lot.
3
Beds
2
Baths
1,650
Sq Ft
2009
Built
0.22 acres
Lot
Verify (MLS does not list garage) — confirm parking
Garage
About 40264 W Lococo St
This single-level ranch on W Lococo Street is the kind of suburban home buyers ask for: usable spaces, low upkeep, and a large yard ready for weekend projects. On arrival you’ll notice the mature desert landscaping and a broad front yard leading to a well-maintained exterior. Inside, the floor plan flows with updated laminate plank flooring and fresh interior paint that make the space feel current without requiring immediate work. The central living area opens to the dining and kitchen for everyday living and easy entertaining.
The seller has remodeled the bathrooms recently, delivering modern fixtures and finishes that anchor the home’s updated presentation. There are three comfortable bedrooms plus a versatile den that functions perfectly as a home office, hobby room, or potential fourth bedroom. The home’s single-story layout and straightforward circulation keep daily life easy and accessible.
Out back, the property sits on a substantial 9,377 sq ft lot, providing room for RV parking, a workshop, adding a covered patio, or simply creating an expansive backyard retreat. The desert-scape maintenance keeps water needs low while still giving you a private outdoor footprint to make your own.
Location is a practical win: minutes from Banner Health services, the Maricopa Civic Center, Central Arizona College, and local shopping. Whether you’re a first-time buyer, downsizing, or an investor seeking a stable suburban rental, this home offers immediate occupancy potential with value left to be unlocked by outdoor upgrades. Schedule a showing to see how well the updates complement the generous lot and everyday livability.
Home Highlights
Property Features
Interior Features
- 3 bedrooms + den (den convertible to 4th bedroom)
- 2 fully remodeled bathrooms
- Laminate plank flooring throughout high-traffic areas
- Open living / dining configuration ideal for daily living and entertaining
- Fresh interior paint
Exterior & Lot
- Large 9,377 sq ft lot (~0.22 acres)
- Desert landscaping front and back for low water maintenance
- Room for RV parking, patio expansion, or accessory improvements (verify permits)
- Residential street with typical suburban setback
Location & Neighborhood
- Near Banner Health facilities and Maricopa Civic Center
- Close access to Central Arizona College - Maricopa campus
- Suburban neighborhood with larger lots than inner-Phoenix
- No HOA per listing
Walkability & Recreation
- Walkability Rating: 28/100
- Nearby parks and community amenities within a short drive
- Easy access to regional connector (SR-347) for commutes into Phoenix
- Neighborhood suited for walking, biking; limited retail within immediate walking distance
Neighborhood & Location
This section of Maricopa features low-density single-family neighborhoods with larger lots compared to many Phoenix suburbs. The area mixes newer infill and homes from the mid-to-late 2000s, with community amenities such as schools, healthcare, and local shopping a short drive away. Streets are generally quiet and family-oriented, appealing to buyers seeking a suburban lifestyle with reasonable commutes to central Phoenix.
Market Insights
Maricopa remains an attractive suburb of the Phoenix metro for buyers seeking lower entry prices and larger lots. As of early 2026 the local market is balanced to slightly favor sellers for well-priced, move-in-ready homes. Median area sale prices for single-family homes are roughly in the low-to-mid $300Ks, with inventory tighter than more central Phoenix suburbs. Days on market have moderated to around 25–40 days for comparable product; well-presented single-level homes often move faster. For buyers, this listing provides a chance to secure a turnkey home with a larger-than-average lot. For investors, rents for 3-bedroom homes in Maricopa typically support a healthy gross yield relative to purchase price—confirm current rent comps before underwriting.
Nearby Schools
Pima Butte Elementary
Elementary · 2.0 mi (estimate)
Maricopa Wells Middle School
Middle · 3.0 mi (estimate)
Maricopa High School
High · 4.0 mi (estimate)
Walkability & Recreation
Easy access to local parks and community centers with desert trails and open space nearby; good for outdoor hobbies, biking, and expanded backyard possibilities.
Investment Highlights
- Turnkey single-level ranch with renovated bathrooms and fresh paint.
- Large 9,377 sq ft lot offers expansion, outdoor living, or ADU potential (subject to zoning).
- Convenient proximity to Banner Health and Central Arizona College increases demand.
- Priced at $322,000 — aligns with comparable 3-bed homes in the area when factoring updates.
Key Findings
- Built in 2009, 1,650 SF, 3 beds + den, 2 baths (MLS-provided).
- Listed at $322,000 — $195 per SF (MLS provided).
- Large lot of ~0.22 acres (9,377 SF) in a predominantly single-family area.
- Recent interior updates reduce immediate capital expenditure for buyers.
- MLS indicates no HOA and no garage flagged — confirm parking configuration.
Things to Consider
- MLS parking data shows no garage; confirm whether a detached or attached garage/carport exists in photos or public records.
- Utility connections and exact zoning setbacks should be verified prior to major remodel or addition plans.
- School boundary assignments require parcel-level confirmation (MUSD boundaries can shift).
Opportunity Analysis
Acquire a move-in-ready single-family home in Maricopa with value driven by recent interior renovations and an oversized lot that supports future value-add (outdoor upgrades, covered patios, or permitted accessory structures).
Potential Use Scenarios
- Market to owner-occupant buyers seeking single-level living and outdoor space.
- For investors: lease as a long-term single-family rental targeting families or college staff/students.
- Explore small exterior improvements (shade structures, landscaping) to boost curb appeal and rent or re-sale value.
Risk Factors
- Verify parking/garage and any required repairs not disclosed.
- Local market sensitivity to mortgage rate fluctuations affecting buyer pool.
- Potential permit requirements for lot reconfiguration or accessory structures.
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$300K
Midpoint
$323K
High
$345K
$195/SF estimated price per square foot
Estimate anchored to the listing price ($322,000) and local market context for Maricopa: typical 3-bed ranches of ~1,500–1,800 SF trade near $180–$210/sf depending on lot and updates. This range reflects +/- ~7% around list price. Verify with live comps.
As of 2026-03-13
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Maricopa has experienced steady population growth over the past decade driven by relative affordability and Phoenix-area spillover; development continues at a moderate pace.
Nearby Points of Interest
- Banner Health - Maricopa (approx 1.0–2.5 mi)
- Central Arizona College - Maricopa campus (approx 1.5–3.0 mi)
Located near shopping corridors, healthcare (Banner Health), community amenities (Maricopa Civic Center) and education (Central Arizona College). Typical suburban development with desert landscaping and larger lot sizes than denser Phoenix suburbs.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
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