Properties / 823 E HORSESHOE Place
VA ASSUMABLERate: 2.52%

823 E HORSESHOE Place

$1,024,900
Chandler, AZ 85249
5 beds5 baths3,485 sqftSingle Family
The assumable advantage
2.52%
VA assumed rate
$63,995 interest already paid off
Estimated Loan Balance$337,129
Cash to close$690,471
Est. Monthly PITI$3,895
Initial Loan Amount$510,400
Time on site35 days
Remaining Term9 years, 1 month
Seller's equity (what you pay)
$687,771
Cash or secondary financing
Monthly savings
$2,580
Versus today's market rate
Est. savings per year
$31K
Versus today's market rate

About this home

Welcome to an exceptional residence in the gated community of Ocotillo Landing, where timeless design, uncompromising craftsmanship, and luxury finishes create a truly extraordinary home. Perfectly positioned on a quiet cul-de-sac across from a lush greenbelt and neighborhood park with nearby hiking access, this meticulously upgraded property offers the rare opportunity to own one of the community's most impressive homes. Offering 5 bedrooms, a dedicated office, and 4.5 bathrooms, this stunning two-story residence showcases quality at every turn. Rich custom wood flooring flows throughout the home, complemented by designer tile in every bathroom--there is no carpet anywhere. Elegant wainscoting, King George crown molding, and plantation shutters on every window add timeless sophistication, while every detail reflects thoughtful design and exceptional craftsmanship. The luxurious primary suite has been transformed into a private retreat featuring a beautifully renovated spa-inspired bath with a freestanding soaking tub, custom tilework, dual vanities, and two custom-designed walk-in closets with premium built-in organization. A convenient first-floor guest suite with its own en-suite bath provides ideal accommodations for visitors or multigenerational living. Designed for both everyday living and entertaining, the gourmet kitchen is a chef's dream. An oversized island anchors the space, surrounded by custom rustic alder soft-close cabinetry with pull-out shelving, built-in Monogram appliances, elegant ogee bullnose granite countertops, and the convenience of a pot filler--combining beauty with exceptional functionality. Step outside to your own private resort. The spectacular backyard features a covered patio overlooking a heated Pebble Tec pool and spa accented by dramatic gas fire bowls, while the expansive fire pit with covered crescent-shaped built-in seating creates the perfect setting for relaxing evenings and unforgettable gatherings under the Arizona sky. From the moment you arrive, the home's curb appeal is undeniable. Stunning landscaping, a stone-paved driveway, gated courtyard, and a custom front door create a grand first impression. Completing the property is an oversized 3-car garage with epoxy flooring, extensive built-in cabinetry, and an EV charging station. Luxury homes of this caliber in Ocotillo Landing rarely become available. This is a rare opportunity to own a meticulously upgraded home in one of Chandler's most sought-after gated communities.

How assumption works for this home

Can I assume this VA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. You do NOT need to be a veteran to assume a VA loan — this is a common misconception.

How much cash do I actually need?

You need to cover the seller's equity of $687,771. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

Yes — VA assumptions can be used for investment properties. You can rent this home out.

How long does this take?

Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.

Property details

Bedrooms5
Bathrooms5
Square feet3,485
Property typeSingle Family
MLS #7062684
CountyMaricopa County
Assumable loanVA
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Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
Jeff Salazar
Active now · (602) 332-3860
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Payment & cash calculator

Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.

Est. mortgage payment (P&I)
$3,464/mo
Source est. payment (PITI)
$3,895/mo

P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.

Estimated equity gap$687,771

Asking price minus remaining loan balance. Closing costs are additional.

$0$687,771
Additional funds needed$0

The equity gap is covered. Closing costs and assumption fees still need to be confirmed.