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MLS# 7026703 – 862 Dreamy Draw Circle, Show Low, AZ 85901
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MLS# 7026703 – 862 Dreamy Draw Circle, Show Low, AZ 85901

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$1,178,000 - 4Br/4Ba - for Sale in Cheney Ranch Unit 3, Show Low
Price: $1,178,000
Beds: 4
Baths: 3 full, 1 half
Living Area SqFt: 4,361
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 1.31
Lot Size SqFt: 56,872
Year Built: 2005
Neighborhood: Cheney Ranch Unit 3
Days on Website: 77

Courtesy of HomeSmart

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Property Description

PRICE CORRECTION & UNIQUE FINANCING SPECIAL: BACKS NATIONAL FOREST! PRICE DROPPED TO SELL: The best-priced luxury estate in Show Low. EXCLUSIVE LENDER INCENTIVE: Don’t let today’s interest rates hold you back. The seller is offering a fully funded 2-1 Rate Buydown for the buyer! • YEAR 1: Your interest rate is slashed by 2.0%,YEAR 2: Your interest rate is reduced by 1.0%, This gives you immediate financial breathing room and a heavily reduced monthly payment while keeping the asset value secure. THE PROPERTY: Nestled on 1.33 pristine acres and directly backing the National Forest, 862 Dreamy Draw Circle offers unparalleled privacy and luxury without the constraints or high fees of a gated golf community. • Premium Acreage: Endless forest views right out out your back door with direct trail access. Luxury Outlier: Over 4,000 sq. ft. of high-end craftsmanship, massive windows, and premium finishes that far exceed standard neighborhood builds. Space & Privacy: Unmatched elbow room and tranquility that you simply cannot find in cramped subdivisions. Schedule your showing today before this rate-incentive opportunity is gone! A private keypad-gated entrance welcomes you into a grand foyer that opens to an impressive great room featuring soaring tongue-and-groove vaulted ceilings and a dramatic floor-to-ceiling custom flagstone fireplace accented by a stunning burl wood mantel. Designed for both everyday living and effortless entertaining, the gourmet kitchen offers abundant custom cabinetry, a large center island, generous workspace, a convenient wet bar, and two dining areas. Lovingly maintained as a second home by its original owner, the residence reflects exceptional pride of ownership throughout. The expansive primary suite is a private sanctuary featuring a sitting area overlooking the peaceful forest setting, a convenient coffee/wet bar, a spacious bath with dual vanities, abundant storage, and an oversized walk-in closet. Quality improvements include Andersen windows and doors, a premium metal roof installed by Collier’s Roofing in 2025, and a freshly painted interior completed in 2026. Every detail reflects meticulous care and quality craftsmanship, creating an extraordinary opportunity for those seeking a full-time residence or mountain retreat where privacy, comfort, and nature come together. Buyer Notice: Broker and Seller make no representation or warranty regarding the accuracy of square footage. Buyers are advised to independently verify square footage, property measurements, and all material facts prior to the close of escrow.

Open House

Property Details and Features

  • Appliances & Equipment
  • “Refrigerator”
  • “Built-in Microwave”
  • “Dishwasher”
  • “Disposal”
  • “Electric Range”
  • “Electric Cooktop”
  • “Built-In Electric Oven”
  • Bathrooms
  • 1 half bathroom
  • 3 full bathrooms
  • 4 total bathrooms
  • Bedrooms
  • 4 total bedrooms
  • Building
  • Built in 2005
  • Architectural style: “Ranch”
  • Living area: 4361
  • Construction materials: “Stucco”, “Wood Frame”, “Block”
  • Other structures: “Shed(s)”
  • Cooling
  • “Gas”
  • “Central Air”
  • “Ceiling Fan(s)”
  • Accessibility Features
  • Accessibility features: “Customized Wheelchair Accessible”, “Accessible Door 32in+ Wide”, “Bath Roll-In Shower”, “Bath Grab Bars”
  • Exterior Features
  • “Storage”
  • Fence
  • “Back Yard”
  • “Wire”
  • Fireplaces
  • “Family Room”
  • “Gas”
  • 1 total fireplace
  • Floors
  • “Tile”
  • Foundation
  • Details: “Slab”, “Block”
  • Garage
  • 3 spaces
  • Heating
  • “Propane”
  • Home Owner’s Association
  • Association fee: $86
  • Association fee frequency: Annually
  • Association fee includes: “No Fees”
  • 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”
  • Laundry
  • “Inside”
  • “Wshr/Dry HookUp Only”
  • Listing
  • Listing ID: 7026703
  • Standard status: Active
  • 82 days on market
  • Location
  • Subdivision name: CHENEY RANCH UNIT 3
  • Lot
  • 1.31 acres
  • 56,872 sqft
  • “Hillside Lot”
  • “Borders Preserve/Public Land”
  • “Cul-De-Sac”
  • “Gravel/Stone Front”
  • “Synthetic Grass Back”
  • “Irrigation Front”
  • Parking
  • “Attached Garage”
  • “Garage Door Opener”
  • “Circular Driveway”
  • Possession
  • “Close Of Escrow”
  • Property
  • Patio and porch features: “Covered Patio(s)”
  • View: “Trees/Woods”, “Mountain(s)”
  • Roof
  • “Metal”
  • Additional Rooms
  • 1 total room
  • Schools
  • Elementary school: Linden Elementary School
  • High school: Show Low High School
  • High school district: Show Low Unified District
  • Security Features
  • “Security System Owned”
  • Sewer
  • “Septic in & Cnctd”
  • “Septic Tank”
  • Taxes
  • Annual amount: $4,796
  • Lot: 142
  • Utilities
  • “220 Volts in Kitchen”
  • “Propane”
  • Windows
  • “Screens”
  • “Skylight(s)”
  • “Dual Pane”

Property Map

$1,178,000 – 862 Dreamy Draw Circle, Show Low, AZ 85901

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This content last updated on July 28, 2026 5:11PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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