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8822 W DEER VALLEY Road, Peoria, AZ 85382

$2,290,000

Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,945 Lot Size (sq. ft.): 40,711 Status: Active

Current Price: $2,290,000 List Date: 4/19/2024 Last Modified: 5/04/2024

Description

ATTENTION ENTREPRENEURS AND INVESTORS!!! 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, 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 with 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.

Supplements: 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.

More Information MLS# 6688320

Contract Information

Status Change Date: 2024-04-19 List Price: $2,290,000 Status: Active Current Price: $2,290,000 List Date: 2024-04-06 Type: ER Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No Subagents: N Buyer/Broker: Y Buyer Broker $/%: % Comp to Buyer Broker: 2.25 Variable Commission: Y

Location, Tax & Legal

House Number: 8822 Compass: W Street Name: DEER VALLEY St Suffix: Road City/Town Code: Peoria State/Province: AZ Zip Code: 85382 Zip4: 2451 Country: USA County Code: Maricopa Assessor's Map #: 8 Assessor's Parcel #: 24 Assessor Parcel Ltr: Q Assessor Number: 200-08-024-Q Legal Description (Abbrev): W2 S2 E2 SW4 SE4 SW4 & EX S 55F RD Subdivision: Custom Tax Municipality: Maricopa - COUNTY Taxes: 2250 Tax Year: 2023

General Property Description

Dwelling Type: Single Family - Detached Dwelling Styles: Detached Exterior Stories: 1 # of Interior Levels: 1 # Bedrooms: 5 # Bathrooms: 3 Approx SQFT: 2945 Price/SqFt: 777.59 Horses: Y Builder Name: N/A Year Built: 2017 Approx Lot SqFt: 40711 Approx Lot Acres: 0.935 Pool: Private Only Elementary School: Coyote Hills Elementary School Jr. High School: Coyote Hills Elementary School High School: Sunrise Mountain High School Elementary School District: Peoria Unified School District High School District: Peoria Unified School District

Remarks & Misc

Cross Street: 91st Avenue & Deer Valley Rd. Directions: 91st Avenue, east on Deer Valley to home Geo Lat: 33.682233 Geo Lon: -112.249403

Legal Info

Township: 4N Range: 1E Section: 15

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: Y

Items Updated

Floor Yr Updated: 2024 Floor Partial/Full: Full Wiring Yr Updated: 2024 Wiring Partial/Full: Partial Plmbg Yr Updated: 2024 Plmbg Partial/Full: Partial Ht/Cool Yr Updated: 2023 Ht/Cool Partial/Full: Partial Kitchen Yr Updated: 2023 Kitchen Partial/Full: Partial Bath(s) Yr Updated: 2024 Bath(s) Partial/Full: Full Rm Adtn Yr Updated: 2023 Rm Adtn Partial/Full: Full Pool Yr Updated: 2023 Pool Partial/Full: Full

Parking Spaces

Slab Parking Spaces: 10

Cooling

HVAC SEER Rating: 20

Solar Panels

Ownership: Monthly Lease Assumption

Showing Notification Methods

Showing Service: Non-MLS Showing Service - See Private Remarks

Contact Info

List Agent Home Phn: 623-203-7424

Property Features

Special Listing Cond: N/A Add'l Property Use: Res/Business Use Ok Master Bathroom: 3/4 Bath Master Bdrm; Double Sinks Master Bedroom: Split Additional Bedroom: Other Bedroom Walk-in Closet Fireplace: No Fireplace Flooring: Tile Windows: Dual Pane Pool Features: Private; Fenced Spa: Private; Heated Dining Area: Eat-in Kitchen; Breakfast Bar; Dining in LR/GR Kitchen Features: Range/Oven Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Walk-in Pantry; Non-laminate Counter; Kitchen Island Laundry: Washer Included; Dryer Included Other Rooms: Great Room; Bonus/Game Room; Guest Qtrs-Sep Entrn; Separate Workshop Technology: Cable TV Avail; High Speed Internet Available; Ntwrk Wrng One Room Exterior Features: Childrens Play Area; Covered Patio(s); Gazebo/Ramada; Pvt Yrd(s)/Crtyrd(s); Separate Guest House; Storage; Other Parking Features: Gated Parking; RV Gate; RV Parking Road Responsibility: County Maintained Road Construction: Frame - Wood; Spray Foam Insulatn Const - Finish: Painted; Stucco Roofing: Comp Shingle Cooling: Refrigeration; Ceiling Fan(s); Programmable Thmstat; Mini Split; See Remarks Heating: Electric; Other; See Remarks Energy/Green Feature: Solar Panels Utilities: APS Water: Pvt Water Company Sewer: Septic Tank; Septic in & Cnctd Fencing: Block Property Description: North/South Exposure Landscaping: Synthetic Grass Frnt; Synthetic Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back Showing Notification Methods: Text; Email; Phone Call Lockbox Type: See Private Remarks Possession: By Agreement Unit Style: All on One Level Association Fee Incl: No Fees Assoc Rules/Info: None Existing 1st Loan: Conventional New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail

Listing Office: Southwest Property Sales & Leasing

Last Updated: May - 04 - 2024

8822 W DEER VALLEY Road, Peoria, AZ 85382- MLS# 6688320

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

8822 W DEER VALLEY Road, Peoria, AZ 85382 (MLS# 6688320)