Description for
8822 W Deer Valley RoadPeoria, 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.
Price
$2,290,000
Custom
Maricopa
5
3
2,945 (approx)
6688320
Active
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.
Listing Information
Property Type: Single Family, 1 Story
5
3
0.93 Acres
2,945 (approx)
2017
1
Stucco
4N//
Custom
Septic Tank
Neighborhood
School Information
Coyote Hills Elementary School
Coyote Hills Elementary School
Sunrise Mountain High School
Room Information
Eat-in Kitchen,Kitchen Island
Interior Features
Tile
Ceiling Fan(s)
Electric Heating,See Remarks
Guest House
Double Pane Windows
None
Eat-in Kitchen, Breakfast Bar, Kitchen Island, Double Vanity, High Speed Internet
Exterior / Lot Features
RV Access/Parking, Gated
Stucco
Covered
Composition
Fenced, Private
Heated, Private
Other, Playground, Private Yard, Storage,Sprinklers In Rear, Sprinklers In Front
Driving Directions
91st Avenue, east on Deer Valley to home
Financial Considerations
200-08-024-Q
$2,250
Conventional, FHA, VA Loan
Listing Price History
Peoria Real Estate
Peoria is located in Arizona.
Peoria, Arizona 85382 has a population of 197,100.
The median household income in Peoria, Arizona 85382 is
$75,247.
The median household income for the surrounding county is $68,280
compared to the national median of $66,222.
The median age of people living in Peoria 85382 is 37 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
Street Address
City
Beds
Baths
Sold Price
Sold Date
No information is available for recently sold properties within this search.