8822 W Deer Valley Road Peoria, 85382

Bedrooms:
5
Bathrooms:
3
Square Feet:
2,945 sqft
Price $2,295,000 .00
Approx /month
Get More Details
Sale Price:
$2,295,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$2,250
Insurance: (year)
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Virtual Tour of 8822 W Deer Valley Road , Peoria 85382

Property Description

ATTENTION ENTREPRENEURS/INVESTORS!!! One-of-a-kind property with many streams of income!!! 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, event venue, 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 (ADU) 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.

General Information

Price:
$2,295,000
Status:
Active
Listing Updated:
9/10/2024
List Date:
4/6/2024
Close Date
Square Feet:
2,945
Bedrooms:
5
Bathrooms:
3
Garage Spaces:
0.00
Year Built:
2017
Builder Name:
N/a
Subdivision:
Custom
City:
Peoria
Zip:
85382
County:
Maricopa
HOA Y/N:
No
HOA Fee:
$0
HOA Paid Frequency:
HOA Transfer Fee:
Taxes:
$2,250
Tax Year:
2023
MLS ID:
6688320
Listing Attribution:
Southwest Property Sales & Leasing

Property Features

Interior Features
Eat-in Kitchen, Breakfast Bar, Kitchen Island, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet
Exterior Features
Other, Covered Patio(s), Playground, Gazebo/Ramada, Private Yard, Storage
Flooring
Tile
Laundry
Fireplace Features
None
Cooling
See Remarks, Refrigeration, Programmable Thmstat, Ceiling Fan(s)
Heating
Other, See Remarks, Mini Split, Electric
Utilities
Pool
Fenced, Private
Spa
Heated, Private
Construction Finish
Painted, Stucco, Frame - Wood, Spray Foam Insulation
Roofing
Composition
Water
Pvt Water Company
Sewage
, Septic Tank
Fencing
Block

School Information

High School:
Sunrise Mountain High School
High School District:
Peoria Unified School District
Middle School:
Coyote Hills Elementary School
Elementary School:
Coyote Hills Elementary School
Elementary School District:
Peoria Unified School District

Community Information

Subdivision:
Custom

Lot Information

Lot Size (sq feet):
40,711
Lot Features:
Sprinklers In Rear, Sprinklers In Front, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
Fencing:
Block

Location Information

Directions:
91st Avenue, east on Deer Valley to home
Cross Street:
91st Avenue & Deer Valley Rd.
Map:
View on Map

Current Market Comparison

Subject
Subject
Active
Active
closed
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles

Subject Property

8822 W Deer Valley Road Peoria AZ 85382

Property Type:
Single Family - Detached
Bedrooms:
5
Bathrooms:
3
Interior SqFt:
2945
Interior Stories:
1
Year Built:
2017

47 Closed Properties

Address
Distance/Miles
Closed Price
Details
1.93 Miles
$728,345
1.89 Miles
$697,000
1.86 Miles
$680,000
1.38 Miles
$745,000
1.8 Miles
$555,000
1.85 Miles
$694,000
1.86 Miles
$675,000
1.82 Miles
$659,000
1.9 Miles
$655,000
1.81 Miles
$720,000
1.41 Miles
$760,000
1.32 Miles
$727,000
1.05 Miles
$920,000
0.65 Miles
$690,000
1.33 Miles
$650,000
1 Miles
$790,000
0.84 Miles
$840,000
0.57 Miles
$1,150,000
0.59 Miles
$985,000
1.31 Miles
$1,068,750
0.74 Miles
$500,000
0.92 Miles
$795,000
1.78 Miles
$665,990
1.59 Miles
$965,000

47 Active Properties

Address
Distance/Miles
Active Price
Details
0.99 Miles
$860,000
1.16 Miles
$789,900
0.83 Miles
$895,000
0.79 Miles
$999,999
1.23 Miles
$789,500
0.8 Miles
$799,000
0.86 Miles
$790,000
1.04 Miles
$858,000
0.76 Miles
$860,000
1.13 Miles
$761,000
1.39 Miles
$715,000
0.76 Miles
$1,175,000
1.19 Miles
$740,000
0.67 Miles
$1,100,000
1.83 Miles
$998,500
1.69 Miles
$1,300,000
0.91 Miles
$830,000
1.13 Miles
$850,000
0.59 Miles
$650,000
0.46 Miles
$539,000
1.36 Miles
$639,900
0.58 Miles
$2,250,000
1.22 Miles
$569,000
1.25 Miles
$649,500