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 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kristie Lane-Ford shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 10:38 AM UTC, 11/25/2024.

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