Active
8822 W DEER VALLEY Road
Peoria AZ, 85382
$2,296,000
$779.63 per sqft
Active
5 Beds
3 Baths
2,945 sqft
Residential
Built in 2017
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ATTENTIONENTREPRENEURS/INVESTORS!
One-of-a-kind property with many streams of income!
This property provides a flexible investment opportunity by combining different property types into a single lot.
This unique property offers multiple turn-key ways of renting various spaces:
Entire estate, event venue, two livable properties, or office space that can help offset your mortgage or create passive income stream. You can rent separately or together the main house (1945+ SF) and the guesthouse (ADU) one BD and one BA AND a full kitchen (1,000 SF built in 2023) with pool & Spa. This can be a vacation getaway, Airbnb, a place to host private parties and events, or an alternative to staying in a hotel.
The opportunities are endless. In addition, the property offers separate free-standing suites and storage spaces: an insulated 12X10 room that can be rented as a salon, nail shop, or office space for small startup companies or people working remotely. The room has a separate two-ton Hessaire cooler for residential and commercial use.
The storage space is a built-in 12x20 metal storage shed that can generate income as a storage unit for vehicles, etc. The improved graveled parking lot can be rented for space to park RVs, Campers, Trailers, Mobile homes, boats, extra cars, etc.
The industrial metal-covered backyard has risen from dust to become a stunning oasis for entertainment. It can be used as a venue for special events (Buyer to verify all county requirements for permitting and licensing). Landscape improvements include lush trees and plants with automatic water systems, pavers for the main areas, and gravel for the parking area that can easily fit over 30 cars. The previous owner ran a concrete business and rented RV/Trailer/Boat space.
This SPECTACULAR quality, rare, custom-built property was built in 2017 on just under an acre, in a prime Maricopa County location, NO HOA, in North Peoria, has been completely transformed from its original layout, with over $750K spent on renovation to expand and multiply revenue-generating business opportunities.
The custom-built main house home, designed with a modern aesthetic, is quality-built with 2x6 construction. It went from a 2 BD to a 4 BD plus Den, with a 20-seer a/c and spray foam insulation. The renovated beautiful kitchen has a built-in microwave, farm sink, breakfast bar, and large island.
The two bathrooms underwent a high-end renovation in 2022. The open patio was also enclosed as an added playroom, office space, or den with a separate two-ton Hessaire cooler for residential and commercial use.
In 2023, a one-bedroom, one-bathroom, 1,000-square-foot stunning guesthouse with a fully functional kitchen was built. It also has an extended wraparound patio, fenced POOL and SPA.
If that is not enough, outdoor two-door mobile (four-stall) restrooms was added in 2024 for the convenience of multiple tenants.
Don't miss this rare opportunity.
6688320
MLSⓇ ID
April 19, 2024
Listed
November 25, 2024
Updated
Map
8822 W DEER VALLEY Road
Peoria AZ, 85382
Interior Features
Total Stories
1
Bedrooms
5
Total Bathrooms
3
Interior Features
Eat-in Kitchen, Breakfast Bar, Kitchen Island, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet
Floor Description
Tile
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
See Remarks, Refrigeration, Programmable Thmstat, Ceiling Fan(s)
Heating
Yes
Heating Description
Other, See Remarks, Mini Split, Electric
Exterior/Building Features
Lot Size
0.93 Acres
Exterior Features
Other, Covered Patio(s), Playground, Gazebo/Ramada, Private Yard, Storage
Lot Features
Sprinklers In Rear, Sprinklers In Front, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H 2 O Front, Auto Timer H 2 O Back
Roof
Composition
Sewer
Septic in Cnctd, Septic Tank
School Information
School District
Peoria Unified School District
High School
Sunrise Mountain High School
Elementary School
Coyote Hills Elementary School
Other Property Details
Taxes
$2,250
Tax Frequency
Annually
Days on Market
221
Association Amenities
None
Garage
No
Parking
RV Gate, RV Access/Parking, Gated
View
Yes
County
Maricopa
Water Source
Pvt Water Company
Pool
Yes
Pool Features
Fenced, Private
Listing History
Date | Event | Price |
---|---|---|
11/9/2024 | Price change | $2,296,000 0% |
8/19/2024 | Price change | $2,295,000 0% |
Courtesy of Southwest Property Sales & Leasing
Listing Contact: 623-203-7424
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Data Last Updated: 10:38 AM UTC, 11/25/2024.