Perfect opportunity for luxury living or investment property in the heart of Tempe. 5% Cap rate with owners spending up to 3 months in property could be 8+% with at capacity. Must be patient when seeing with high occupancy on airbnb.This stunning 6-bedroom, 4.5-bathroom home boasts an impressive 4,186 square feet of living space with plenty of space to entertain. 2 master suites and 2 kitchens. Sold fully furnished.A private backyard paradise with meticulously landscaped outdoor space features a brand new sparkling pool, perfect for those scorching Arizona days or heat it up during the cold season. An amazing rooftop deck with breathtaking views of the surrounding area - it's the ideal spot for stargazing or entertaining friends Location is key, and this home delivers. Just minutes away from ASU, Tempe Town Lake, and Scottsdale, you'll find endless opportunities for recreation.Currently run as a successful AirBnb, this is an investors dream. Could be rented as is or converted to 2 separate housing units for additional revenue as there are already separate entrances, seperate kitchens, laundry's, etc. so you would just need close in one small wall upstairs. Since it comes fully furnished it could be up and running in no time. Owner can provide proof of rental income upon request.
Listed by:
Landmark Homes, L.L.C.
Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)| Date | Days Ago | Event | New Price |
|---|---|---|---|
| Jun 10, 2025 | 6 mos ago | Price decreased100,000 (8%) | $1,199,900 |
| Apr 5, 2025 | 8 mos ago | Price decreased30,000 (2%) | $1,299,900 |
| Mar 5, 2025 | 9 mos ago | Price decreased19,100 (1%) | $1,329,900 |
| Feb 22, 2025 | 10 mos ago | Price decreased50,000 (4%) | $1,349,000 |
| Jan 21, 2025 | 11 mos ago | Price decreased60,000 (4%) | $1,399,000 |
| Dec 12, 2024 | 12 mos ago | Price decreased31,000 (2%) | $1,459,000 |
| Nov 4, 2024 | 1 yr ago | Price decreased60,000 (4%) | $1,490,000 |
| Oct 23, 2024 | 1 yr ago | New on market | $1,550,000 |