- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
- Nearby Homes





Street View
$1,099,000
Monthly Est:$5,470
3 Beds
- 4 Baths
3 full baths + 1 half bath
4,361sqft
862 Dreamy Draw Cir, Show Low, AZ 85901
$1,099,000
$5,470/moEst:
Get Pre-Approved
Single Family Residence
Built in 2005
$7.17/mo HOA
1.31 acres lot
$252/sq.ft
Description
INCREDIBLE BUYER OPPORTUNITY; NEW PRICE! Seller is offering a premium 2-1
interest rate buydown to significantly lower your mortgage payments for the first two years! (Subject to lender guidelines and an acceptable contract).
BACKS NATIONAL FOREST • 1.33 ACRES • OVER 4,000 SQ. FT. • UNIVERSAL
ACCESSIBILITY (ADA COMPLIANT) • 3 BEDROOMS + MEDIA/OFFICE ROOM • SUNROOM• OVER 800 SQ. FT. PORCH and DECK
Discover a rare combination of massive space, absolute privacy, and seamless National Forest living at 862 Dreamy Draw Circle. Priced to sell at $1,099,000, this impressive Show Low mountain estate offers the serenity and elbow room buyers crave--with a nominal HOA fee of
just $86/year, entirely bypassing the high costs and strict rules of gated golf communities. THE SETTING :UNMATCHED OUTDOOR LIVING:
What truly sets this property apart is the unparalleled setting and spectacular outdoor living
space. Situated on 1.33 beautifully landscaped acres backing directly to the National Forest, you
can step out onto an expansive 800+ square foot back porch and deck to enjoy panoramic
forest views, abundant wildlife, and the peaceful surroundings of the White Mountains. A private, keypad-gated entrance ensures total security. Exceptional capital improvements offer
absolute peace of mind, including high-end Andersen windows and doors, a freshly painted interior (2026), and a brand-new premium metal roof installed by Collier's Roofing in 2025.
THE LIVING SPACE:COMFORT ACCESSIBILITY:
With over 4,000 sq. ft. of masterfully designed living space, this home provides an exceptional layout for family, guests, and grand-scale entertaining. A grand foyer leads to an impressive great room featuring soaring tongue-and-groove vaulted ceilings, expansive windows, and a dramatic floor-to-ceiling custom flagstone fireplace highlighted by a distinctive burl wood mantel. The home is mindfully built with Universal Design/ADA-compliant features throughout, offering extra-wide 36-inch doorways accessing the main living spaces and
bedrooms for effortlessly smooth navigation. The spacious kitchen was designed for gathering,offering abundant custom cabinetry, a large center island, generous counter space, and two distinct dining areas. A wet bar adjoining the living area provides the perfect setup for hosting, while a beautiful Sunroom offers a light-filled space to relax and take in the forest views year-round.
ACCOMMODATIONS:
· The Luxury Primary Suite: A massive private retreat featuring a comfortable sitting area overlooking the peaceful forest, a convenient coffee/wet bar, and an oversized walk-
in closet. The luxurious bath features dual vanities, abundant storage, and a zero-threshold roll-in tile shower complete with premium handicap-accessible features.
· Guest Suites: Includes two additional spacious guest bedrooms. A second fully accessible bathroom boasts its own roll-in shower and custom assistance features, ensuring maximum comfort for multi-generational living or guests.
· The Media/Office Room: A versatile, separate media space perfectly suited for movie nights, a home gym, or an executive office layout. Lovingly maintained as a second home by its original owner, this residence demonstrates
flawless pride of ownership. For the buyer seeking substantial acreage, over 4,000 sq. ft. of pristine living space, incredible deck space, a private gated entrance, and the National Forest as your permanent backyard neighbor, Dreamy Draw offers something increasingly impossible to find.
This newly reduced price will not last--schedule your private showing today and experience this true mountain estate for yourself.
- Houzeo last checked: 11 minutes ago
- Listing updated: October 1, 2026 at 2:16 pm
- Listing Provided by: Stephen Leonard (602) 525-6193 | HomeSmart (602) 230-7600
- Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 7026703

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
2005
HOA Fees
$7.17/mo
Finished Area
4,361 sqft
Lot Size
1.31 acres lot
Basement Area
- sqft
MLS Name
Arizona Regional Multiple Listing Service
MLS Number
7026703
MLS Status
Active
Days on Market
152

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Location
HOA Management
Cheney Ranch
HOA Fees
$86/ Annually
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 4
Interior
Sewer
Septic Tank, Septic In & Connected
Interior Features
Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Breakfast Bar, Pantry, Kitchen Island, Granite Counters, Vaulted Ceiling(s), 9+ Flat Ceilings, Central Vacuum, Wet Bar, No Interior Steps
Window Features
Dual Pane, Screens, Skylight(s)
Appliances
Dishwasher, Disposal, Refrigerator, Electric Cooktop, Microwave, Built In Electric Oven, Electric Range
Cooling
Ceiling Fan(s), Central Air, Gas
Exterior Features
Storage
Heating
Propane
Flooring
Carpet, Tile
Construction
Year Built
Year Built: 2005
Home type
Single Family Residence
Foundation Details
Slab, Block
Construction Materials
Block, Wood Frame, Stucco
Roof
Metal
Architectural Style
Ranch
Utilities & Energy
Fireplace Features
Family Room, Gas
Electric
220 Volts In Kitchen
Laundry Features
Washer Hookup, Inside
Parking Features
Garage Door Opener, Circular Driveway, Attached Garage
Utilities
Propane
Security Features
Security System Owned
Water Source
Pvt Water Company
Other Features
Patio And Porch Features
Covered Patio(s)
Disclosures
Seller Discl Avail, Agency Discl Req
Subdivision Name
Cheney Ranch Unit 3
Lot Features
Borders Preserve/public Land, Hillside Lot, Cul De Sac, Gravel/stone Front, Synthetic Grass Back, Irrigation Front
Price History
| Date | Event | Price |
|---|---|---|
10/01/2026 Source: | Price Decreased | $1,099,000 -3.51% $252/sqft |
09/08/2026 Source: | Price Decreased | $1,139,000 -1.73% $261/sqft |
08/13/2026 Source: | Price Decreased | $1,159,000 -1.61% $266/sqft |
05/12/2026 Source: | Price Decreased | $1,178,000 -7.90% $270/sqft |
05/12/2026 Source: | Listed for Sale | $1,279,000 $293/sqft |
Nearby Homes
Find Homes by Property Features in Show Low, AZ
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Based on information from the Arizona Regional Multiple Listing Service through Oct 11, 2026, 09:30AM. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Listing Information presented by local MLS brokerage: Sell Your Home Services, local REALTOR®- Dan Demers (774) 265-0879. Information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Advertising Broker: Daniel Demers (267) 341-8337 | Sell Your Home Services









