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$550,000 Just Listed
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Property Description
Beautiful Oasis in the Desert! This two-story 4,569' sq ft Updated Show Room Home sits on a premium corner lot at 17,400' sq ft in Magic Ranch. This home features 4 bedrooms, 3 bathrooms, and a downstairs den which also could be used as a bedroom. Upstairs are 3 large bedrooms along with a very large primary bedroom with an extra sitting area. Walk-in closets and ceiling fans in every room. You have access from the primary bedroom and the upstairs entertainment room to a large walk-out balcony with amazing views of the desert, mountains, and the beautiful Arizona sunsets. The enormous back yard has a new pool built in 2020, gazebo, 3 sheds, garden area, fruit trees, and an extra-wide RV gate for all of your toys and vehicles. The 3 car garage has epoxy flooring with plenty of storage. Energy efficient and cost effective solar lease of $210 monthly. This price does not escalate. January 5,2016 was the start date for the 20 year lease, so 10 years left. Seller's utility bills are very low. The highest utility bill was $190
Full Property Details
Full Property Details for 5493 E Demeter Dr
General
- Price: $550,000
- HOA FEE: $58/month
- Taxes: $3,153 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7004122
- Updated: 3/26/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Walk-in Pantry, High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Gas
- Appliances: Dryer, Washer, Water Softener Owned, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven, Gas Cooktop
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Security/Safety: Security System Owned
Exterior
- Exterior Features: Balcony, Private Yard
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: RV Access/Parking, RV Gate, Garage Door Opener
Location
- County: Pinal
- Township: 04S
- Subdivision: Magic Ranch Ironhorse
- Cross Streets: Arizona Farms and Hunt Hwy
Community
- Association: Yes
- Assoc. Name: Magic Ranch
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Programmable Thermostat
- Heating Type: Natural Gas
Utilities
- Water: Pvt Water Company
Structural Information
- Architectural Style: Other,
- Builder: DR Horton
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Tile
- Windows: Solar Screens, Dual Pane
- Sq. Ft. Source: Assessor
- Year Built: 2008
Lot Features
- Property View: Desert, Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.4
- Lot Size (Sq. Ft.): 17,400
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Borders Preserve/Public Land, Desert Front, Dirt Back
Green Features
- Energy Efficient: Solar Panels
Financial Considerations
- Association Fee: $58
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,153
- Tax Year: 2025
- Terms: Cash, Conventional, USDA Loan, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 258 PARCEL G PORTIONS OF PARCELS K & F AT MAGIC RANCH CAB F SLD 73
- Property ID: 200-03-258
- Range: 08E
- Section: 2
- Lot Number: 258
Listed by Realty ONE Group
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Schools
Schools serving 5493 E Demeter Dr
School District:Florence Unified School District
| Name | Grades | Distance |
|---|---|---|
Walker Butte K-8 29697 North Desert Willow Boulevard, San Tan Valley, AZ 85143 | K-8 | 3.8 mi |
Florence High School 1001 South Main Street, Florence, AZ 85132 | 9-12 | 9.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5493 E Demeter Dr
Date
Details
Price
Change
Source
3/26/2026
Listed
$550,000
91.3%
MLS
6/12/2018
Sold
$287,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5493 E Demeter Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,153
1%
$73,235
40%
2023
$3,109
—
$52,194
-25%
2023
$3,109
2%
$69,371
33%
2022
$3,047
-9%
$52,224
40%
2021
$3,339
11%
$37,189
18%
2020
$3,020
—
$31,548
4%
2019
$3,010
5%
$30,286
6%
2018
$2,880
-5%
$28,642
16%
2017
$3,020
15%
$24,778
9%
2016
$2,618
-16%
$22,658
-8%
2015
$3,130
10%
$24,505
—
2013
$2,852
—
$24,541
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5493 E Demeter Dr
5493 E Demeter Drive, Florence, AZ 85132 (MLS# 7004122) is a Single Family property with 4 bedrooms and 3 full bathrooms. 5493 E Demeter Drive is currently listed for $550,000 and was received on March 26, 2026. Want to learn more about 5493 E Demeter Drive? Do you have questions about finding other Single Family real estate for sale in Florence? You can browse all Florence real estate or contact a Coldwell Banker agent to request more information.

