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8822 W DEER VALLEY Road, Peoria, AZ 85382

$2,290,000 (Active)
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8822 W DEER VALLEY Road, Peoria, AZ 85382

$2,290,000
Active
est.$2,290,000/month.
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5 beds. baths. 40,711 Sqft.

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8822 W DEER VALLEY Road, Peoria, AZ 85382

$2,290,000
Active
est.$2,290,000/month.
Start My Approval
5 beds 3 baths 40,711 Sq.ft.
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Property details for 8822 W DEER VALLEY Road, Peoria, AZ 85382
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.
Broker details: Southwest Property Sales & Leasing

Listed by: Mona Oshana
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Property Description

MLS Information

  • Listing: 6688320
  • Listing Last Modified: 2024-05-04

Property Details

  • Standard Status: Active
  • Built in: 2017
  • Subdivision: Custom
  • Lot size area: 40711 Square Feet

Geographic Data

  • County: Maricopa
  • MLS Area: Custom
  • Directions: 91st Avenue, east on Deer Valley to home
Features

Interior Features

  • Flooring: Tile
  • Bedrooms: 5
  • Full baths: 3
  • Living area: 2945
  • Interior Features: Eat-in Kitchen, Breakfast Bar, Kitchen Island, Double Vanity, High Speed Internet

Exterior Features

  • Roof type: Composition
  • Lot description: Sprinklers In Rear, Sprinklers In Front
  • Pool: Fenced, Private

Parking

    Utilities

    • Sewer: Septic Tank
    • Heating: Other, See Remarks, Electric
    Property Information

    Tax Information

    • Tax Annual Amount: $2,250

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    The property listing data and information set forth herein were provided to ARMLS from third party sources, including sellers, lessors and public records, and were compiled by ARMLS The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. ARMLS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
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