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$899,000 Sale Pending
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Property Description
RARE WATERFRONT OPPORTUNITY! Enjoy unobstructed and private views of the lake, golf course, and clubhouse with side greenbelt. West facing for stunning sunsets and cool mornings. Located in the popular First Water Village, this fully remodeled, turnkey home is single level, including a private entry casita. Landscaping maintenance is provided by the community, making it easy to lock-and-leave. Convenient five-minute walk to the fitness center in the morning and the clubhouse for golf and lunch or dinner and drinks! The newest interior updates include large format porcelain tile, custom kitchen, primary bathroom suite, 3 new AC units, new tankless water heaters, and so much more! Your chef's kitchen features custom white oak cabinets with built-in wine fridge, drawer microwave, quartz counters with waterfall island, undermount outlets and lighting. The spacious primary suite includes water view, California Closet system, spacious ensuite with freestanding tub, newly tiled shower, and custom vanities. Enjoy many extras this home offers such as two-way gas fireplace, office with brick facade wall and outdoor views. Modern upgrades such as pendant lighting, recessed LED lighting, USB outlets, whole home water filtration system with recirc pump, and EV charging system in garage. Superstition Mountain is a fantastic place to live and play, featuring a staffed and gated security entrance, two 18-hole Jack Nicklaus designed courses, fully remodeled clubhouse with fine and casual dining, pickle ball, bocce ball, fitness center and classes, year-round special events and fabulous friends and neighbors! Come to the Mountain, you will be happy you did! Golf and social memberships are optional and available under separate agreement.
Full Property Details
Full Property Details for 2942 S 1st Water Ln
General
- Price: $899,000
- HOA FEE: $586/month
- HOA FEE FREQ.: Quarterly
- Taxes: $5,999 (2025)
- Status: Pending
- Type: Patio Home
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6982220
- Updated: 2/23/2026
- Added to Site: 13 day(s) ago
Interior
- Interior Features: Quartz Countertops, High Speed Internet, Double Vanity, 9+ Flat Ceilings, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Two Way Fireplace, Family Room, Gas
- Appliances: Dryer, Washer, Water Softener Owned, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Additional Information
- Security/Safety: Fire Sprinkler System
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Detached Garage, Garage Door Opener
Location
- County: Pinal
- Township: 01N
- Subdivision: Superstition Mountain
- Cross Streets: US60 & Superstition Mountain Dr.
Community
- Association: Yes
- Assoc. Name: SSMOA
- Assoc. Fees Include: Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Maintenance Exterior
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Programmable Thermostat
- Heating Type: Heat Pump, Forced Air, Natural Gas
Utilities
- Water: Pvt Water Company
Structural Information
- Architectural Style: Santa Barbara/Tuscan,
- Builder: Lyle Anderson
- Exterior Const.: Stucco, Wood Frame
- Roof: Tile
- Common Walls: 1 Common Wall
- Sq. Ft. Source: Builder
- Year Built: 2006
Additional Structures
- Other Structures: Separate Guest House
Lot Features
- Property View: Golf Course, Lake
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,969
- Lot Size Source: Assessor
- Frontage: Paved
- Lot Features: East/West Exposure, Waterfront Lot, Desert Back, Desert Front, On Golf Course, Cul-De-Sac
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Association Fee: $1,758
- Assoc Fee Freq.: Quarterly
- Tax Amount: $5,999
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 39 CASITAS AT FIRST WATER VILLAGE CAB D SLD 56
- Property ID: 107-26-039
- Range: 09E
- Section: 32
- Lot Number: 39
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Schools
Schools serving 2942 S 1st Water Ln
School District:Apache Junction Unified District
| Name | Grades | Distance |
|---|---|---|
Peralta Trail Elementary School 10965 E Peralta Rd, Apache Junction, AZ 85118 | PK-6 | 3.6 mi |
Cactus Canyon Junior High School 801 West Southern Avenue, Apache Junction, AZ 85120 | 7-8 | 5.7 mi |
Apache Junction High School 2525 South Ironwood Drive, Apache Junction, AZ 85120 | 9-12 | 6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2942 S 1st Water Ln
Date
Details
Price
Change
Source
2/10/2026
Listed
$899,000
11.12%
MLS
9/18/2025
Sold
$809,000
—
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 2942 S 1st Water Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,999
4%
$71,126
3%
2023
$5,769
—
$69,388
12%
2023
$5,769
4%
$61,897
26%
2022
$5,533
-2%
$48,939
12%
2021
$5,631
15%
$43,506
—
2020
$4,887
4%
$43,424
-4%
2019
$4,691
-9%
$45,060
7%
2018
$5,183
2%
$41,959
—
2017
$5,068
1%
$41,938
-1%
2016
$5,002
3%
$42,407
1%
2015
$4,845
29%
$42,161
-6%
2013
$3,754
—
$44,748
—
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 2942 S 1st Water Ln
2942 S First Water Lane, Gold Canyon, AZ 85118 (MLS# 6982220) is a Patio Home property with 3 bedrooms and 3 full bathrooms. 2942 S First Water Lane is currently listed for $899,000 and was received on February 10, 2026. Want to learn more about 2942 S First Water Lane? Do you have questions about finding other Patio Home real estate for sale in Gold Canyon? You can browse all Gold Canyon real estate or contact a Coldwell Banker agent to request more information.

