Viewing Listing MLS# 7020119
$925,000 | 6 beds | 4 full baths | 1 half baths | 3,300 sqft
Fountain Hills, AZ 85268
- 6Beds
- 5.00Total Baths
- 3,300SqFt
- 1983Year Built
- 0.36Acres
- 43 yearsEst Age
- MLS# 7020119
- Residential
- Single Family Residence
- Pending
- Approx Time on Market3 months,
- AreaN/A
- CountyMaricopa
- Subdivision Fountain Hills Arizona No. 428
Overview
Three-residence compound in one of Arizona`s top vacation destinations. No monthly HOA. STR permitted. Properties engineered like this don`t exist in this price point. Two income-producing casitas with the potential to significantly offset or eliminate your monthly carrying costs. The financial upside is undeniable. Multi-gen living, full investment play, or luxury vacation home with private guest quarters, this property works every way. Borders Scottsdale. Minutes from Mayo Clinic. Rebuilt in 2015. Single-level. Main residence 3 bed / 2.5 bath / 2,341 SF. Attached 2-bed casita 563 SF. Detached casita 396 SF. Each unit has private entrance, kitchen, granite finishes, walk-in shower, screened patio. Resort backyard: diving pool, gazebo, built-in BBQ, gas firepit. 15,000 SF lot. All three units fully independent and simultaneously occupiable. Potential rental income estimates (conservative): main house $3,300/mo, 2-bed casita $1,700/mo, studio casita $1,400/mo. Rental income estimates are provided for informational purposes only -- buyer to independently verify. Rooftop deck addition plans available -- buy the views at renovation cost not purchase price and step into a whole new price bracket. Seller offering concession toward rate buydown -- ask listing agent for full financial scenarios. STR eligible -- Fountain Hills city registration required, simple low-cost process. NPOA: $335 transfer fee + $400 documentation fee at close only. No monthly dues, no annual assessments. Rental use unrestricted. Contact listing agent for full investment breakdown and financing scenarios
Agriculture / Farm
Association Fees / Info
Hoa Fees Frequency: Annually
Hoa Includes: No Fees
Hoa: Yes
Bathroom Info
Total Baths: 5
Building Info
Construction Materials: Stucco, Wood Frame, Painted
Window Features: Skylight(s), Low-Emissivity Windows, Solar Screens
Builders Name: Custom
Roof: Composition
Exterior Features
Style: Ranch
Pool Desc: Diving Pool
Patio and Porch: Covered Patio(s), Patio
Fireplace Features: Fire Pit, Family Room
Pool Private: Yes
Exterior Features: Misting System, Screened in Patio(s), Built-in Barbecue
Fencing: Block
Garage / Parking
Parking Features: Attached Garage, RV Access/Parking, RV Gate, Garage Door Opener, Separate Strge Area, Side Vehicle Entry
Interior Features
Flooring: Carpet, Tile
Appliances: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range
Interior Features: Granite Counters, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Roller Shields, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
Fireplace: Yes
Lot Info
Lot Size Units: Square Feet
Lot Features: Desert Front
Lot Sqft: 15512
Misc
Spa Features: None
Possession: Close Of Escrow
Other
Special Listing Conditions: N/A
Other Structures: Separate Guest House, Gazebo
Other School Info
Property Info
Room Info
Sqft Info
Living Area Source: Assessor
Sqft: 3300
Tax Info
Tax Legal Description: FOUNTAIN HILLS AZ FINAL PLAT NO 428
Tax Amount Annual: 2428
Unit Info
Utilities / Hvac
Water Source: Pvt Water Company
Cooling: Yes
Cool System: Central Air, Ceiling Fan(s), Programmable Thmstat
Heating: Electric
Heating: Yes
Sewer: Private Sewer
Waterfront / Water
View: Mountain(s)
Directions
From Shea Blvd: East on Shea Blvd → North on Fountain Hills Blvd → East on Glenbrook Dr → North on Mayflower Dr → property on the right at 15019.Or if coming from Scottsdale/101:From Pima/Princess: East on Princess Dr → becomes Palisades Blvd → North on Fountain Hills Blvd → East on Glenbrook Dr → North on Mayflower Dr → property on the right.
Listings courtesy of Berkshire Hathaway Homeservices Arizona Properties
