This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$1,279,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Presenting an exceptional residence situated on a cul-de-sac lot encompassing 1.3 acres of meticulously landscaped grounds adjacent to the National Forest. This home has been gently lived in by one owner as a 2nd home and features a keypad gated entrance within the highly regarded Cheney Ranch subdivision. Upon entering, you are welcomed by a grand foyer that leads to a spacious, open great room with vaulted tongue-and-groove ceilings and an impressive floor-to-ceiling custom Flagstone fireplace with a burl wood mantle. The gourmet kitchen is equipped with generous cabinetry and a large kitchen island, seamlessly connecting to the great room. Entertaining is enhanced by a comfortable wet bar and two distinct dining areas. The expansive primary suite offers a bonus coffee/wet bar area and a separate sitting room overlooking the tranquil backyard setting. The primary bathroom features dual sinks and ample storage, while the walk-in closet provides exceptional space and practicality. This property exemplifies outstanding care and attention to detail throughout, including Anderson windows and doors, newly installed metal roof by Colliers Roofing Inc (2025) and fresh interior paint in 2026. It is well-suited for buyers seeking privacy, equestrian zoning, abundant outdoor space, and the value inherent in this distinctive environment.
Full Property Details
Full Property Details for 862 Dreamy Draw Cir
General
- Price: $1,279,000
- HOA FEE: $7/month
- HOA FEE FREQ.: Annually
- Taxes: $4,796 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7026703
- Updated: 5/12/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 1
- Interior Features: Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Gas
- Appliances: Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Cooktop, Built-In Electric Oven
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside, Wshr/Dry HookUp Only
Additional Information
- Security/Safety: Security System Owned
Exterior
- Exterior Features: Storage
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: Attached Garage, Garage Door Opener, Circular Driveway
Location
- County: Navajo
- Subdivision: CHENEY RANCH UNIT 3
- Cross Streets: Hwy 260 and Cheney Ranch Loop
Community
- Association: Yes
- Assoc. Name: Cheney Ranch
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Gas, Central Air, Ceiling Fan(s)
- Heating Type: Propane
Utilities
- Water: Pvt Water Company
- Utility Description: Propane
Structural Information
- Architectural Style: Ranch,
- Builder: Custom
- Exterior Const.: Stucco, Wood Frame, Block
- Roof: Metal
- Windows: Screens, Skylight(s), Dual Pane
- Sq. Ft. Source: Appraiser
- Year Built: 2005
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Trees/Woods, Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 1.31
- Lot Size (Sq. Ft.): 56,872
- Lot Size Source: Assessor
- Frontage: Asphalt
- Lot Features: Hillside Lot, Borders Preserve/Public Land, Cul-De-Sac, Gravel/Stone Front, Synthetic Grass Back, Irrigation Front
Horse Property
- Horse Property: Yes
Financial Considerations
- Association Fee: $86
- Assoc Fee Freq.: Annually
- Tax Amount: $4,796
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 142 CHENEY RANCH UNIT 3
- Property ID: 409-24-162
- Lot Number: 142
Listed by HomeSmart
Get Pre-Approved Today
Schools
Schools serving 862 Dreamy Draw Cir
School District:Show Low Unified District
| Name | Grades | Distance |
|---|---|---|
Linden Elementary School 1009 School House Lane, Show Low, AZ 85901 | K-5 | 0.8 mi |
Show Low Junior High School 761 East McNeil, Show Low, AZ 85901 | 6-8 | 6.1 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 862 Dreamy Draw Cir
Date
Details
Price
Change
Source
5/12/2026
Listed
$1,279,000
—
MLS
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 862 Dreamy Draw Cir
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,610
2%
$78,166
1%
2023
$4,541
6%
$77,333
6%
2022
$4,297
—
$73,007
22%
2021
$4,303
—
$59,631
100%
2021
$4,303
-29%
100%
2020
$6,064
50%
100%
2019
$4,034
5%
-100%
2018
$3,848
8%
$42,249
7%
2017
$3,553
1%
$39,337
-3%
2016
$3,502
7%
$40,583
9%
2015
$3,287
-10%
$37,178
25%
2013
$3,668
—
$29,763
9%
2013
$3,668
—
$27,396
—
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 862 Dreamy Draw Cir
862 Dreamy Draw Circle, Show Low, AZ 85901 (MLS# 7026703) is a Single Family property with 4 bedrooms and 3 full bathrooms. 862 Dreamy Draw Circle is currently listed for $1,279,000 and was received on May 12, 2026. Want to learn more about 862 Dreamy Draw Circle? Do you have questions about finding other Single Family real estate for sale in Show Low? You can browse all Show Low real estate or contact a Coldwell Banker agent to request more information.

