8822 W Deer Valley Road, Peoria, AZ 85382

$2,290,000
5
BD
3
BA
2,945
SqFt
List Price
$2,290,000
Days on Market
42
Status
ACTIVE
MLS#
6688320
City
Peoria
Bedrooms
5
Bathrooms
3
Living SQFT
2,945
Lot Size
40,711
Subdivision
Custom
Year Built
2017
Type
Single Family - Detached

Property 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. 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.

Additional Information

Elementary School
Coyote Hills Elementary School
High School
Sunrise Mountain High School
Middle School
Coyote Hills Elementary School
School District
Peoria Unified School District
Acres
0.93
Assoc Fee Includes
No Fees
Builder Name
N/A
Construction
Painted, Stucco, Frame - Wood, Spray Foam Insulation
Cooling
See Remarks, Refrigeration, Programmable Thmstat, Ceiling Fan(s)
Exterior Features
Other, Covered Patio(s), Playground, Gazebo/Ramada, Private Yard, Storage
Fencing
Block
Fireplace
None
Flooring
Tile
Guest House SqFt
1000
Heating
Other, See Remarks, Mini Split, Electric
Horses
Yes
Living Area
2,945
Lot Size
40,711
New Financing
Conventional, FHA, VA Loan
Other Rooms
Great Room, Bonus/Game Room, Separate Workshop, Guest Qtrs-Sep Entrn
Parking Features
RV Gate, RV Access/Parking, Gated
Property Description
North/South Exposure
Roofing
Composition
Sewer
Septic in & Cnctd, Septic Tank
Pool
Yes
Spa
Heated, Private
Stories
1
Style
Detached
Subdivision
Custom
Taxes
$2,250
Tax Year
2023
Water
Pvt Water Company

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Listing courtesy of Southwest Property Sales & Leasing.

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