8822 West DEER VALLEY Road Peoria, AZ 85382

$1,999,995
5
Beds
3
Baths
0.93
Acres
2,345
SQFT
853
$/SQFT
$1,999,995
5
Beds
3
Baths
2,345   sf
$853 / sf
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ATTENTION REAL ESTATE INVESTORS & ENTREPRENEURS!Unlock Endless Income Potential with this Unique North Peoria Property! Discover a one-of-a-kind investment opportunity in Maricopa County with no HOA! This custom-built property, situated on nearly an acre, blends multiple revenue streams into a single lot, offering unmatched flexibility and income potential. Why This Property Stands Out: Multi-Use Income Streams: Rent the entire estate, use it as an event venue, lease two separate livable properties, or offer office/storage spaces to generate passive income or offset your mortgage. Main House (1,945+ SF): Modern 4-bed, 2-bath home (upgraded from 2-bed) with a renovated chef's kitchen (farm sink, large island, breakfast bar), spray foam insulation... 20-seer A/C, and high-end bathroom remodels (2022). Features an enclosed patio for a playroom, office, or den. "Guesthouse (ADU, 1,000 SF): Built in 2023, this stunning 1-bed, 1-bath unit with a full kitchen, wraparound patio, fenced pool, and spa is perfect for Airbnb, vacation rentals, or long-term tenants. "Event Venue Potential: Transform the industrial metal-covered backyard into a stunning entertainment oasis with lush landscaping, automatic watering systems, pavers, and gravel parking for 30+ vehicles. Ideal for private parties, weddings, or events (buyer to verify county permitting). "Additional Income Opportunities: "12x10 Insulated Suite: Rent as a salon, nail shop, or office space for startups/remote workers, equipped with a 2-ton Hessaire cooler. "12x20 Metal Storage Shed: Generate income by renting as a storage unit for vehicles, equipment, or more. "Graveled Parking Lot: Lease spaces for RVs, campers, trailers, boats, or extra cars, as previously done by the owner for a concrete business."Outdoor Amenities: Includes a pool, spa, and 2024-added two-door mobile (four-stall) restrooms for tenant/event convenience.Prime Location & Upgrades: Built in 2017 and transformed with over $750,000 in renovations, this property features 2x6 construction, modern aesthetics, and quality materials. Located in a prime North Peoria area with no HOA, offering freedom and flexibility. Endless Possibilities: Whether you're seeking a vacation rental empire, a private event venue, or a mix of residential and commercial leases, this property delivers unmatched versatility. Don't Miss This Rare Opportunity! Contact us today to explore this revenue-generating gem in North Peoria!Buyer to verify all county requirements for permitting and licensing.

ATTENTION REAL ESTATE INVESTORS & ENTREPRENEURS!Unlock Endless Income Potential with this Unique North Peoria Property! Discover a one-of-a-kind investment opportunity in Maricopa County with no HOA! This custom-built property, situated on nearly an acre, blends multiple revenue streams into a single lot, offering unmatched flexibility and income potential. Why This Property Stands Out: Multi-Use Income Streams: Rent the entire estate, use it as an event venue, lease two separate livable properties, or offer office/storage spaces to generate passive income or offset your mortgage. Main House (1,945+ SF): Modern 4-bed, 2-bath home (upgraded from 2-bed) with a renovated chef's kitchen (farm sink, large island, breakfast bar), spray foam insulation... 20-seer A/C, and high-end bathroom remodels (2022). Features an enclosed patio for a playroom, office, or den. "Guesthouse (ADU, 1,000 SF): Built in 2023, this stunning 1-bed, 1-bath unit with a full kitchen, wraparound patio, fenced pool, and spa is perfect for Airbnb, vacation rentals, or long-term tenants. "Event Venue Potential: Transform the industrial metal-covered backyard into a stunning entertainment oasis with lush landscaping, automatic watering systems, pavers, and gravel parking for 30+ vehicles. Ideal for private parties, weddings, or events (buyer to verify county permitting). "Additional Income Opportunities: "12x10 Insulated Suite: Rent as a salon, nail shop, or office space for startups/remote workers, equipped with a 2-ton Hessaire cooler. "12x20 Metal Storage Shed: Generate income by renting as a storage unit for vehicles, equipment, or more. "Graveled Parking Lot: Lease spaces for RVs, campers, trailers, boats, or extra cars, as previously done by the owner for a concrete business."Outdoor Amenities: Includes a pool, spa, and 2024-added two-door mobile (four-stall) restrooms for tenant/event convenience.Prime Location & Upgrades: Built in 2017 and transformed with over $750,000 in renovations, this property features 2x6 construction, modern aesthetics, and quality materials. Located in a prime North Peoria area with no HOA, offering freedom and flexibility. Endless Possibilities: Whether you're seeking a vacation rental empire, a private event venue, or a mix of residential and commercial leases, this property delivers unmatched versatility. Don't Miss This Rare Opportunity! Contact us today to explore this revenue-generating gem in North Peoria!Buyer to verify all county requirements for permitting and licensing.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Maricopa
  • Area
    Peoria
  • Tax Amount
    $2,250
  • Status
    Active
  • Listing #
    6878944
  • Built
    2017
  • Lot Size
    0.93
  • Listed on site
    31 days
  • Listing Agent Phone
    623-203-7424
  • Builder Name
    N/A

Listed by:
Southwest Property Sales & Leasing

mls source logo Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)
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Property details

Community Features

  • No HOA
  • Not Age Restricted

Property Features

  • Green/LEED

Exterior features

  • Pool

Style

  • Ranch / One Story
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Photo of Joey De Venuto