1935 E Joy Ranch Road, Phoenix, AZ 85086, Phoenix, 85086 - 4 bed, 4 bath
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Phoenix, AZ 85086
This Multi-Unit Equestrian Estate is listed at $1,399,000, representing a stable valuation near its $1,344,795 Fair Market Value. Maintaining a Fair Condition Rating, the property offers unique versatility with a 5,095 sq. ft. Metal Barn, an Independent Casita, and a main home featuring a pool, deck, and Mountain Views. Set on over two acres with No HOA, the site supports horse ownership and commercial-scale storage or workshop needs. This high-utility compound is an ideal match for Multi-Generational Families or Owner-Occupants seeking a hybrid lifestyle and income-producing asset.
Property is moderate renovation needed.
Built in 1987, this property falls within the 25-40 year age range typical of a 'fair' condition rating. While the home is exceptionally well-maintained and features some modern updates—such as stainless steel kitchen appliances and well-kept hardwood flooring—it has not undergone a full recent renovation. The unique monolithic/dome-style architecture and certain interior finishes remain characteristic of its original construction period. The property is move-in ready but stylistically reflects its age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 90823, living area = 4214.
The property features a main residence, a fully independent casita, and a massive barn, offering exceptional potential for rental income, multi-generational living, or a home-based business.
A rare 5,095 sq. ft. detached metal barn with an office and bathroom provides unparalleled space for vehicle collections, contractor operations, or extensive equipment storage.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =90823, other record lot size in square feet = 96112.
Built in 1987, the main residence and secondary structures may require cosmetic updates or modernization to align with contemporary luxury design trends.
The highly specialized nature of the property, including the massive barn and multi-unit setup, may result in a longer time on market as it targets a specific buyer profile.
THREE-UNIT INCOME PROPERTY CONSISTING OF MAIN HOME, CASITA & METAL BARN - HORSE PROPERTY - NO HOA High-income, multi-structure property in a prime horse-country setting with direct access to open riding areas and no HOA restrictions. Configured with three separate units, it is well suited for investors, owner-occupants seeking supplemental rental income, or multi-generational living. The standout feature is a massive 5,095 sq. ft. detached metal barn / workshop with office and bathroom -- a rare, commercial-scale structure ideal for toys, vehicles and equipment storage, contractor operations, hobby or collector use, and other income-producing applications. The eco-conscious 3,375 sq. ft. 4-bed / 2.5-bath main residence features a private, north-facing courtyard with pool & cabana. enhancing both rental appeal and outdoor living. A fully independent 839 sq. ft. casita/guest suite offers private entrances and a porch, along with separate access to the courtyard. The expansive acreage provides abundant additional parking, dedicated supply and equipment storage, and shaded parking, including existing container structures. SEE PROPERTY INCOME OVERVIEW in Documnets
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 84% |
| Square foot | 4,214 | 2,172 | 97% |
| Lot Size | 90,823 | 7,738 | 97% |
| Price | $1.30M | $460.0K | 97% |
| Price per sq ft | $308 | $238 | 81% |
| Built year | 1987 | 2003 | 1% |
| HOA | $0 | $259 | 18% |
| Days on market | 134 | 1893 | 3% |
Jun 1, 2026
$1,299,000
$1,399,000
-7% Price Drop
Initial Listing
Jan 24, 2026
$1,399,000
Initial Listing