40887 W COLBY Drive, Maricopa, AZ 85138
Property image
Property image
OFF MARKET

$431,500

Trulia Estimate
  • 4 Beds
  • 2.5 Baths
  • 2,748 sqft (on 0.25 acres)

40887 W COLBY Drive, Maricopa, AZ 85138

Rancho el Dorado
Est. Refi. Payment $2,481/mo*
Refinance Your Home
Currently Off Market - Sold Nov 3, 2023 for $439,900

Home Value

Trulia Estimate
$432K
Since last month
Decreased$4K (-0.9%)
Since last year
Decreased$3K (-0.6%)
Since last sale
Decreased$10K (-2.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +98% in the last 10 years
MonthEstimated value
2026
August 2026$430K
August 2026$430K
July 2026$434K
June 2026$435K
May 2026$434K
April 2026$432K
March 2026$433K
February 2026$428K
January 2026$430K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.07
Single-Family Home
$412,000
12/02/25
4
2
2,191
0.07
Single-Family Home
$360,000
10/08/25
5
3
2,748
0.19
Single-Family Home
$460,000
10/17/25
3
2.5
2,500
0.27
Single-Family Home
$450,000
08/12/26
4
2.5
3,046
0.18
Single-Family Home
$472,995
01/23/26
3
2
2,220
0.07
Single-Family Home
$549,900
12/19/25
5
3
3,277
0.20
Single-Family Home
$373,000
10/16/25
4
2.5
2,828
0.18
Single-Family Home
$365,000
02/13/26
4
2.5
2,848
0.10
Single-Family Home
$475,000
10/16/25
5
3
3,456
0.28
Single-Family Home
$426,000
06/12/26
4
3
2,570

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.07
$549,900
5
3
3,277
Recently Sold
0.03
$383,900
3
2
1,976
Off Market
0.07
$355,500
5
3
2,748
Off Market
0.03
$431,800
4
2
2,048
Off Market
0.07
$412,000
4
2
2,191
Recently Sold
0.07
$360,000
3
2
1,574
For Sale
0.10
$310,000
4
2
2,191
Recently Sold
0.10
$352,000
3
2
1,765
Off Market
0.08
$349,000
4
3
2,018
For Sale
0.11
$450,500
4
3
2,191
Off Market
0.10
$469,900
5
3
3,456
Off Market

Local Information

  • Map ViewExplore the area around 40887 W COLBY Drive.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2008
0.25 acre lot
2,748 sqft
$157/sqft
Garage
HOA $70/mo

About this House

3 CAR GARAGE! This gorgeous & expansive home shows true pride of ownership & boasts an entertainer's floorplan with 4 spacious bedrooms + downstairs den , 2.5 baths, bar, formal dining room loft & large great room! Upgrades abound & include soaring ceilings, neutral 2-toned paint inside & out, wood plank tile in all the right places & much more! Chef's kitchen features white cabinetry, granite countertops & stainless steel appliances! Palatial master bedroom boasts walk-in closet & ensuite bath with dual sinks & his & hers closets! HUGE, nearly 11,000 sq ft yard on a cul-de-sac with covered patio, mature foliage & NO NEIGHBORS BEHIND! Located in one of Maricopa's premier subdivisions- The Lakes at Rancho el Dorado- with expansive lake, tot lots and close to schools & shopping! A MUST SEE!
40887 W COLBY Drive, Maricopa, AZ 85138 is a 4 bedroom, 3 bathroom, 2,748 sqft single-family home in Rancho el Dorado, built in 2008. It last sold for the $439,900 asking price on Nov 3, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $431,500, with a rent estimate of $2,437/month.
Last check for updates: about 21 hours ago
Listed by Danielle M. Nichols, (520) 705-7853
The Maricopa Real Estate Co
Cory Adams, (480) 272-5323
The Maricopa Real Estate Co
Bought with: Nadia Vasquez, (928) 446-6306, MovingAZ Realty, L.L.C.
Source: ARMLS, MLS#6601031
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 40887 W COLBY Drive

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2748 Square Feet
Appliances & Utilities
Appliances: Gas Stub for Range, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas OvenDishwasherDisposalLaundry: Inside
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Spa: NoneNo Fireplace
Windows, Doors, Floors & Walls
Window: Low Emissivity Windows, Double Pane WindowsFlooring: Carpet, Tile
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Floors: Carpet, Tile
View
Has a ViewView: Mountain(s)

Exterior Features

Exterior Home Features
Roof: TilePatio / Porch: Covered, PatioFencing: BlockOther Structures: GazeboNo Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Open Parking Spaces: 2No CarportHas a GarageHas Open ParkingParking Spaces: 5Parking: Tandem Garage,Garage Door Opener,Direct Access
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 21

Property Information

Year Built
Year Built: 2008
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Territorial/Santa Fe
Building
Construction Materials: Stucco, Wood Frame, PaintedNot Attached Property
Property Information
Parcel Number: 51245375

Price & Status

Price
List Price: $439,900
Status Change & Dates
Off Market Date: Tue Sep 26 2023Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: MaricopaCommunity: The Lakes at Rancho el Dorado (Phase III)
School Information
Elementary School: Santa Rosa Elementary SchoolElementary School District: Maricopa Unified School DistrictJr High / Middle School: Desert Wind Middle SchoolHigh School: Maricopa High SchoolHigh School District: Maricopa Unified School District

Building

Building Details
Builder Name: Meritage Homes
Building Area
Building Area: 2748 Square Feet

Community

Community Features: Lake, Playground, Biking/Walking Path
Other
Playground

HOA

HOA Fee Includes: Maintenance Grounds, Street MaintHOA Name: Lakes @ REDHOA Phone: 480-921-7500Has an HOAHOA Fee: $70/Monthly

Lot Information

Lot Area: 0.25 acres

Offer

Listing Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6601031

Additional Information

LakePlaygroundBiking/Walking Path

Price and Tax history

DateEventPrice
Nov 3, 2023
Source: ARMLS #6601031
Sold
$439,900
Sep 26, 2023
Source: ARMLS #6601031
Pending
$439,900
Sep 5, 2023
Source: ARMLS #6601031
Listed For Sale
$439,900
Sep 22, 2022
Source: ARMLS #6415233
ListingRemoved
Aug 9, 2022
Source: ARMLS #6415233
PriceChange
$489,900
Price decreased by 8%

Market trends in Rancho el Dorado

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$343K
$9.67K
MoM
Sale-to-List Price
99.6%
Price per sq ft
$191
$6
MoM
Available listings
139
11
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Rancho el Dorado

At least 68 Trulia users voted on each feature.
  • 92 % Say there are sidewalks

  • 91 % Say it's dog friendly

  • 90 % Say yards are well-kept

  • 87 % Say parking is easy

  • 86 % Say car is needed

  • 79 % Say it's quiet

  • 78 % Say there's holiday spirit

  • 77 % Say kids play outside

  • 77 % Say people would walk alone at night

  • 55 % Say they plan to stay for at least 5 years

  • 53 % Say neighbors are friendly

  • 47 % Say it's walkable to grocery stores

  • 42 % Say there's wildlife

  • 42 % Say there are community events

  • 39 % Say streets are well-lit

  • 36 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Tgbhome
    "It is the very best when you know all of your neighbours up and down the street and around the corners and even the ones across the backyard"
  • Trulia User
    "The dog park option , all dogs are the sweetest and owners handle their pets well. The dog park ppl and dogs are like their own community "
  • Fcsimmons
    "Dogs are everywhere here. No problems with owners taking them off leash or cleaning up after them. So far they seem fine."
  • Briana
    "They would like that there are a lot of places to walk with dogs. And some doggie paper stands and many others have dogs too "
  • E.hunsinger10
    "safe, quiet but cow smell at night. few bugs. HOA will fine you for trash cans left out past the pick up date or parking on the street"
  • Phillip C. C.
    "it's Grown on me, I didn't like the idea of living out here, but it's what I could afford at the time, HWY 347 can be a pain, wish they would use our tax dollars to add more routes to get to the I-10 freeway"
  • Shawna B.
    "There is no public transportation at this time therefore you must have a vehicle, bike or rides are such as uber/lyft. Most people in Maricopa commute into town (Chandler, Phoenix, Tempe, Etc.) for work."
  • Jason G.
    "It’s not bad in town, but traveling north on the 347 towards Phoenix is horrible in the morning and southbound in the late afternoon. "
  • Jonathan B.
    "It's great for dog owners because there are lots of green space, parks, and sidewalks. However, it's hot in the summer."
  • Leyla B.
    "The city of Maricopa has many events year round. The Christmas festival is amazing and the Jan ballon festival and then the salsa festival and forth of July festivities "
  • Kara R.
    "The 347 is horrible. Accidents daily at Riggs backups can take hours to clear. Trying to get out of copa can be a nightmare, have had to adjust my work schedule so I leave before the rush at 5am and get home before the backups at 3"
  • Kara R.
    "I don’t know I don’t own a dog. There are plenty of sidewalks, and lost dogs do seem to be found quickly. "
  • Jason G.
    "One of the safest, and friendliest places I’ve ever lived. I’ve recommended it to everyone I know and care about. "
  • Jessica B.
    "great neighbors and well maintained. feels very safe here in MARICOPA. Not a lot of crime compared to the city"
  • Monica A.
    "Great place to have dogs and the dog park is great! People have dogs and care about others and their pets! "
  • Ashbaugh.tyler4
    "my neighborhood has great access to all main roads as well as public transportation. But if you work in any other town especially scottsdale plan on leaving work no later then 2:30pm and driving to work in the morning plan on leaving no later then 5:00 am or you will be waiting in traffic for atleast an extra 1hr without any accidants or hold-ups. S.R 347 is awful and desperatley needs to be widened theirs no choice to it or move."
  • Laura P.
    "MY neighborhood is quiet and peaceful. I love living here. I'm really gonna miss it when our landlord sells the home."
  • Tricia J.
    "On a good day you are 20 mins to the I-10 at Chandler. Lots at Chandler with the 202 being right there, the Arizona Mills Mall, Harkins Theater, and even IKEA. 347 is a bit crazy but that just means you need to pay attention to the road and stay off your phone. I didn't commute daily so it was perfect for me. "
  • Johanna L. G.
    "Safety in general responsibility supervision and health and wellness of the family be knowledgeable about neighborhoods and community’s "
  • annon.
    "There is no public transportation except for a shuttle that is 99% of the time used to go to the airport."
  • Normahoskinsl
    "This is a quiet neighborhood. Neighbors speak when they see you. We have not seen any wild animals. This area is well maintained. "
  • Katherine
    "Safe, Friendly Neatly kept. Downside is the traffic leaving town for Phoenix. It can take over an hour to get out of town in the early morning hours. One way in and only one way out. "
  • Rockthomps
    "It literally stinks here and the neighborhoods have been planned to make it difficult to get around. People are nasty"
  • Irene O.
    "be cautious of those around you due to the big numbers of kidnappings that have happened recently even at your local walmarts and parking lots"
  • Wally N.
    "For everyday living, North Maricopa is surprisingly good. Everything you need is here, plus additional is being built. For entertainment and nightlift, there are two casinos, one 5 minutes south the other about 20 minutes north, and the quality of entertainers is good to excellent, but that's about it. Broadway-quality shows at Gammage Theater are about a half-hour north, along with most everything else."
  • awaschbusch
    "Love it!!! Far enough from the city with all the conveniences in walking distance. Soon to be the hot spot for growth in the valley area. "
  • ditucaz
    "Clean, open, close to everything but very little traffic and super quiet community. "
  • stevea a.
    "I work in Maricopa and find it very convenient to live so close to the main drag, yet secluded enough to be very private. "

LGBTQ Local Legal Protections

Frequently asked questions about 40887 W COLBY Drive

  • What is 40887 W COLBY Drive estimated to be worth?
    Trulia's estimated value for 40887 W COLBY Drive in Maricopa, AZ is $431,500.
  • What is the price history for 40887 W COLBY Drive?
    40887 W COLBY Drive in Maricopa, AZ last sold for $439,900 in November 2023.
  • Is Maricopa a buyer's or seller's market?
    Maricopa is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Maricopa?
    The median sale price in Maricopa is $343K. That is down $9.67K from the prior month.
  • Does 40887 W COLBY Drive have air conditioning?
    Yes, 40887 W COLBY Drive in Maricopa, AZ has air conditioning.
  • Does 40887 W COLBY Drive have laundry facilities?
    Yes, 40887 W COLBY Drive in Maricopa, AZ has laundry facilities.

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