REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Wed

Jan

Thu

Jan

Fri

Jan

Rebecca Reidhead

beccasazhomes@gmail.com +1(623) 217-8569

$ 600,000

Est. payment -/mo

Save

New

1027 S SIESTA Lane Tempe, AZ 85281

4 Beds

2 Baths

1,912 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,912 sqft

Price per Sqft $313

Subdivision Escalante

MLS Listing ID 6966893

Bedrooms 4

HOA Y/N No

Year Built 1958

Annual Tax Amount $1,839

Tax Year 2023

Lot Size 8,320 Sqft

Acres 0.19

Property Sub-Type Single Family Residence

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

1027 S Siesta Lane, Tempe, AZ 85028 Fully Furnished, Turnkey Home with Proven Income Potential in a Prime Tempe Location, Currently CashFlowing This fully furnished, income-producing home is located minutes from Arizona State University, Tempe Town Lake, Sky Harbor Airport, Downtown Phoenix, and Old Town Scottsdale, placing it in one of the highest-demand rental and ownership corridors in the Phoenix metro. The property is currently operating as a furnished rental and is cashflowing, allowing a buyer to step into income from day one. It supports short-term, midterm, and long-term rental strategies, providing flexibility to maximize revenue while maintaining strong downside protection from Tempe's consistent rental demand. The home has been fully renovated with all new appliances, a newer HVAC system, and a recently upgraded heated PebbleTec pool installed approximately three years ago. The lush, private backyard offers a resort-style setting that drives guest demand and adds significant lifestyle appeal. For owner-occupants, the home offers a bright, open layout, comfortable bedrooms, a fully equipped kitchen, in-home laundry, and a move-in-ready interior. Being offered fully furnished, it allows a family or relocating buyer to move in without the cost or delay of furnishing. This is a rare opportunity to own a turnkey property that delivers both immediate income potential and long-term lifestyle and appreciation in one of Tempe's most desirable locations.

Location

State AZ

County Maricopa

Community Escalante

Area Maricopa

Direction Head south on S Lola Ln toward E Howe Ave, Turn left onto E Howe Ave, Destination will be on the left.

Rooms

Other Rooms Great Room, Family Room, BonusGame Room

Den/Bedroom Plus 5

Separate Den/Office N

Interior

Interior Features Breakfast Bar, Pantry, 2 Master Baths, Laminate Counters

Heating Electric

Cooling Other

Flooring Vinyl

Fireplaces Type Family Room

Fireplace Yes

Appliance Electric Cooktop

SPA None

Exterior

Exterior Feature Private Yard

Fence Block

Pool Play Pool, Heated

Utilities Available SRP

Roof Type Composition

Porch Covered Patio(s), Patio

Private Pool Yes

Building

Lot Description Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Frnt, Synthetic Grass Back

Story 1

Builder Name Unknown

Sewer Public Sewer

Water City Water

Structure Type Private Yard

New Construction No

Schools

Elementary Schools Flora Thew Elementary School

Middle Schools Connolly Middle School

High Schools Mcclintock High School

School District Tempe Union High School District

Others

HOA Fee Include No Fees

Senior Community No

Tax ID 132-72-059

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Horse Property N

Disclosures None

Possession Close Of Escrow

Listing Terms Cash, Conventional

Listed by Arizona Resource Realty

Rebecca Reidhead

Agent

+1(623) 217-8569

Rebecca Reidhead

1027 S SIESTA Lane Tempe, AZ 85281

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

1027 S SIESTA Lane