Listed by Stephen Leonard · Brokered by HomeSmart
$1,099,000
862 DREAMY DRAW Circle, Show Low, AZ 85901
CHENEY RANCH UNIT 3 · Navajo County
What's special
- Mountain(s) & Trees/Woods views
- Fireplace
- 3-car garage
- Horses allowed
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.
Listing updated: October 12, 2026
Stephen Leonard Sleonard5959@gmail.com, HomeSmart
Source: Arizona Regional Multiple Listing Service, MLS#: 7026703
Property details
Interior
Bedrooms
- Bedrooms: 3
- Total Rooms: 4
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- 1/2 Bathrooms: 1
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
- Flooring: Carpet, Tile
- Window Features: Dual Pane, Screens, Skylight(s)
Appliances
- Dishwasher
- Disposal
- Refrigerator
- Electric Cooktop
- Microwave
- Built-In Electric Oven
- Electric Range
- Laundry Features: Washer Hookup, Inside
Heating and Cooling
- Cooling Features: Ceiling Fan(s), Central Air, Gas
- Heating Features: Propane
- Fireplace: Yes
- Fireplace Features: Family Room, Gas
Other Interior
- Stories: 1
Accessibility
- Zero-Grade Entry
- Accessible Door – 32in+ Wide
- Hard/Low Nap Floors
- Bath Roll-In Shower
- Bath Grab Bars
- Customized Wheelchair Accessible
Exterior
Exterior and Lot Features
- Storage
- Patio and Porch Features: Covered Patio(s)
- Fencing: Wire, Back Yard
Land Info
- Borders Preserve/Public Land
- Hillside Lot
- Cul-De-Sac
- Gravel/Stone Front
- Synthetic Grass Back
- Irrigation Front
- Lot Size Acres: 1.31
- Lot Size Square Feet: 56,872
Garage and Parking
- Garage Spaces: 3
- Attached Garage: No
- Parking Features: Garage Door Opener, Circular Driveway, Attached Garage
Home Features
- View: Mountain(s), Trees/Woods
- Horse Property: Yes
Community
Homeowners Association
- Association: Yes
- Association Fee: $86
- Association Fee Frequency: Annually
- Calculated Total Monthly Association Fees: $7
- Association Fee Includes: No Fees
Neighborhood
- Subdivision: CHENEY RANCH UNIT 3
Listing
Other Property Info
- Annual Tax Amount: $4,796
- Source Listing Status: Active
- County: Navajo
- Directions: Directions to 862 Dreamy Draw in Show Low: From Highway 260, turn onto Cheney Ranch Loop. Turn right onto Dreamy Draw Circle cul de sac. Continue following Dreamy Draw to the property on the right.
- Property Subtype: Single Family Residence
- Parcel Number: 409-24-162
- Postal City: Show Low
- Listing Date: 5/6/2026
- On Market Date: 5/12/2026
- MLS#: 7026703
Features
Building and Construction
- Total Square Feet Living: 4,361
- Year Built: 2005
- Property Age: 21
- Architectural Style: Ranch
- Construction Materials: Block, Wood Frame, Stucco
- Roof: Metal
- Foundation Details: Slab, Block
- Stories: 1
- Living Area Source: Appraiser
Utilities
- Sewer: Septic Tank, Septic-In & Connected
- Water Source: Pvt Water Company
- Propane
Contact Us
Contact Us
Ask a question or schedule a showing
Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
© 2026 Arizona Regional Multiple Listing Service. All rights reserved.
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