
Phoenix, AZ 85085
This Luxury Income-Producing Estate is listed at $1,295,000, representing a premium lifestyle asset compared to its $1,194,198 Fair Market Value. Boasting a Good Condition Rating, the property is distinguished by Owned Solar Panels, Panoramic Mountain Views, and a massive 1.29-Acre Lot with No HOA restrictions. The turnkey, fully furnished interior features a Private Hot Tub and Covered Patio, providing immediate utility for high-yield rental strategies or a secluded retreat. This versatile estate is a premier choice for Short-Term Rental Investors or Luxury Owner-Occupants.
Property is move-in ready.
The property is move-in ready and well-maintained, aligning with the 'good' condition criteria. Built in 2004, the home features a functional kitchen with granite countertops, stainless steel appliances, and a large vent hood. While the cabinetry and some fixtures reflect the original 2004 styling, the interior is clean with updated wood-style flooring in the bedrooms and well-kept tile/wood in common areas. The addition of owned solar panels and the 'turnkey' furnished status indicate high-quality upkeep and functional major systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 56382, living area = 3030.
With no HOA and no short-term rental restrictions on a massive 1.29-acre lot, this property offers rare flexibility for high-yield luxury rentals or a private seasonal retreat.
The inclusion of fully owned solar panels significantly reduces monthly utility overhead, enhancing the property's long-term profitability and environmental appeal.
The expansive 1.29-acre lot requires ongoing maintenance and landscaping, which may result in higher-than-average upkeep costs for an investor or homeowner.
Built in 2004, the home is entering a phase where major systems like HVAC or roofing may require inspection or replacement, despite the turnkey furnished interior.
Priced at 2022 apprraisal value before additional improvements!!! Exceptional Opportunity - 1.29-Acre Estate with No HOA Unlock a rare investment opportunity in the exclusive Union Hills Foothills Estates. Situated on a sprawling 1.29-acre lot, this versatile property is perfectly suited for a low maintenance luxury primary residence, a lock and leave 2nd home/vacation home, luxury short-term rental, a high-end long-term lease, or a seasonal retreat. Key Investment Highlights: The home comes fully furnished and move-in ready allowing ample time for your buyer to customize details in their own timing. Ready to list on luxury rental platforms immediately. Fast growing area with TSMC multi $B plant expansions occurring over next several years. Built-in Efficiency: Owned solar panels drastically lower operating costs and enhance long-term cap rates through meaningful utility savings. Premium Features: 4 spacious bedrooms + bonus room / office, 4 bathrooms, an oversized 3-car garage, and ample space for RV or boat storage with no HOA restrictions --a major draw for premium utilization. The interior boasts an expansive primary suite with dual "his and hers" closets and a spa-inspired bathroom. Outside, the property is designed for privacy. The front courtyard features a private hot tub with panoramic views of the city lights. A standout feature of the home, the spacious rear covered patio offers stunning mountain views and a cool, shaded retreat from the sun; none of the neighboring windows view the backyard, ensuring a secluded mountain-view oasis. Ideal for everything from morning coffee to evening gatherings, it provides the perfect blend of comfort, scenery, and effortless outdoor living. Located at a scenic higher elevation with paved roads and rare buried power lines, this estate combines aesthetic luxury with practical convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,030 | - |
| Lot Size | 56,382 | - |
| Price | $1.29M | $495.4K |
| Price per sq ft | $427 | $290 |
| Built year | 2004 | 0 |
| HOA | $0 | $0 |
| Days on market | 240 | 1260 |
Jul 5, 2026
$1,295,000
$1,250,000
+4% Price Increase
Initial Listing
Jun 1, 2026
$1,250,000
$1,275,000
-2% Price Drop
Initial Listing
Apr 23, 2026
$1,275,000
$1,295,000
-2% Price Drop
Initial Listing
Nov 24, 2025
$1,295,000
Initial Listing