
Phoenix, AZ 85022
This Turnkey Short-Term Rental Asset is a Strong Value Opportunity, listed at $589,000—positioned slightly above the $584,044 Fair Market Value. Despite the minor premium, the property offers a Condition Rating of 3 with significant upgrades, including a Heated Pool, Hot Tub, and a Conditioned Game Room. Located near Top-Rated Schools like Aire Libre Elementary, this home provides a proven income stream and lifestyle luxury. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready residence with mountain views.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15231 N 20TH Place Subject | $589,000* List Price | 4 | 2 | 1,625 | $359 | - |
A 15046 N 20TH Place Sold | $577,000 | 3 | 2 | 1,737 | $332 | 0.1 mi |
B 15231 N 19th Place Sold | $590,000 | 2 | 2 | 1,417 | $416 | 0.2 mi |
C 15620 N 19th Street Sold | $730,000 | 3 | 2 | 2,033 | $359 | 0.3 mi |
D 14828 N 21ST Way Sold | $448,600 | 3 | 2 | 1,494 | $300 | 0.3 mi |
E 2101 E REDFIELD Road Sold | $525,000 | 4 | 2 | 1,750 | $300 | 0.7 mi |
F 2132 E MONTE CRISTO Avenue Sold | $519,000 | 3 | 2 | 1,320 | $393 | 0.4 mi |
G 2201 E KINGS Avenue Sold | $480,000 | 3 | 2 | 1,456 | $330 | 0.7 mi |
H 2301 E MARILYN Road Sold | $440,000 | 3 | 3 | 1,553 | $283 | 0.5 mi |
I 15031 N 21ST Place Pending | $425,000 List Price | 3 | 2 | 1,584 | $268 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1978, the property has undergone significant renovations to serve as an active short-term rental. The kitchen features updated granite countertops and stainless steel appliances, and the home includes modern system upgrades like solar panels and a conditioned garage. It is well-maintained, functional, and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9035, living area = 1625.
The property features an exceptional outdoor oasis including a heated pool, hot tub, putting green, and fire pit, offering a premium entertainment experience with mountain views.
With no HOA and a proven track record as an active short-term rental, this property offers immediate income potential and flexibility for investors.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1625, other record living area = 1525. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The conversion of the two-car garage into a game room leaves the home without traditional covered parking, which is a significant drawback in the intense Phoenix heat.
Built in 1978, the property may require ongoing maintenance or future capital expenditures for aging systems typical of a home approaching its 50-year mark.
Welcome home! From the moment you step inside, you'll feel right at ease in the bright and inviting living room, where tile floors and a cozy fireplace set the perfect mood for relaxing evenings. The kitchen is a joy to cook in, with plenty of wood cabinets, granite countertops, stainless steel appliances, a handy pantry, and a breakfast bar just right for casual mornings and easy meals. Retreat to the spacious primary suite, complete with its own private bathroom and a roomy walk-in closet. Two additional bedrooms with closets offer comfortable space for family or guests, plus a versatile bonus room that makes a wonderful extra bedroom, office, or playroom, whatever suits your life. The two-car garage has been thoughtfully transformed into the ultimate game room, featuring wood plank tile floors, built-in cabinets, and with conditioning to keep things cool all year long. Step outside to your own private backyard retreat, made for making memories in every season. Enjoy the large heated swimming pool, a hot tub, a putting green, a fire pit, and a handy shed, all with an RV gate and generous space for your extra cars and favorite toys. The home is an active Short Term Rental and is occipied often - please do not walk around the property without permission.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades PK-6 • 1.0 mi
Grades 7-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,625 | 1,850.5 |
| Lot Size | 9,035 | 7,313 |
| Price | $589.0K | $481.7K |
| Price per sq ft | $362 | $289 |
| Built year | 1978 | 1987 |
| HOA | $0 | $175 |
| Days on market | 24 | 757 |
Jul 24, 2026
$589,000
Initial Listing