A major suburb of Phoenix, Peoria began in the late 1800s when a pioneer dug an irrigation ditch in the Salt River Valley, which allowed settlers to control the water supply. Not long after the first irrigation ditch was dug, the railroad built a small depot in Peoria. The Peoria Arizona real estate market continued to grow and today includes Lake Pleasant. Today Peoria is focused more on resort and leisure living than on agricultural or on traditional residential developments. Single family residences make up the bulk of the diverse Peoria real estate market. Home prices range from about $2,000,000 for a luxury estate and acreage to as low as $35,000 for a small 2 bedroom, 2 bath home. If you are looking for an area that is rich in recreational opportunities, Peoria is one to consider. The Lake Pleasant Regional Park offers swimming, boating, camping and fishing. Spring Training Baseball with the San Diego Padres and Seattle Mariners at Peoria Sports Complex attracts thousands of visitors with numerous hotels, restaurants, shopping, theaters& entertainment surrounding it. The Challenger Space Center of Arizona, affiliated with the Smithsonian, is located in the Peoria Center for the Performing Arts. Add to these attractions a fantastic dinner theater that is a rare find here in the Valley.