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$485,000
3 Beds 2 Baths 7061537 MLS 1,831 SqFt. 85053 Zip Code
Beautifully remodeled home that perfectly blends modern style with unbeatable functionality! Situated on an oversized lot of a cul-de-sac, it offers 3 beds, 2 baths, a 2-car garage, and two RV gates. Discover a desirable open-concept layout, ideal for everyday living and entertaining! Enhanced by updated flooring, contemporary fixtures, clean architectural lines, and abundant natural light. The kitchen boasts built-in appliances and cabinetry for ample storage. The generously sized bedrooms provide comfortable retreats. The spacious backyard offers possibilities! With plenty of room to add a pool, create a garden, build a workshop, or design the outdoor oasis you've always envisioned. Best of all - NO HOA! Close to schools, shopping, dining, freeways, and more. Don't miss this opportunity!

16853 N 39th Drive, Phoenix

$425,000
3 Beds 2 Baths 7061509 MLS 1,378 SqFt. 85015 Zip Code
Welcome to this charming mid-century home nestled in the heart of the highly desirable Westwood Estates Historic District. Full of timeless character and thoughtful updates, this well-maintained residence offers 3 bedrooms, 2 bathrooms, a desirable split-bedroom floor plan, and the warmth and craftsmanship that make classic homes so special. Situated on a north-south facing lot with no HOA, the property features inviting curb appeal with mature shade trees, lush front landscaping, and a welcoming walkway leading to the front entrance. A unique pass-through garage with access from both sides, along with a rear carport, provides exceptional flexibility for parking, storage, or hobbies. Westwood Estates has become one of Central Phoenix's most sought-after historic neighborhoods, known for its revitalization, architectural charm, and strong sense of community. Residents enjoy convenient access to Downtown Phoenix, Midtown, the Melrose District, Phoenix College, major freeways, and Sky Harbor Airport. Nearby light rail stations, shopping, restaurants, entertainment, and cultural attractions make this an ideal location for those seeking both convenience and lifestyle. The neighborhood's historic designation and ongoing reinvestment continue to enhance its desirability and long-term appeal. If you've been searching for a home with authentic character, modern convenience, and an unbeatable Central Phoenix location, this Westwood Estates gem is one you won't want to miss.

2144 W Whitton Avenue, Phoenix

$515,969
4 Beds 3 Baths 7061454 MLS 2,929 SqFt. 85037 Zip Code
Tastefully reimagined, a true turn key home in a well established neighborhood. Remodeled top to bottom, AC, ROOF, CARPET, INTERIOR AND EXTERIOR PAINT, KITCHEN AND COUNTERTOPS, ALL 3 BATH VANITIES, LIGHT FIXTURES AND HARDWARE, NEW STAINLESS STEEL APPLIANCES, BLINDS THROUGHOUT, and much more..... This lovely home features a very spacious 4 bedrooms, 2.5 bathrooms, separate living room, family room, and a huge loft. Big eat-in kitchen with island. Huge Master bedroom upstairs, with walk in closet, dual vanity master bathroom and lots of closet space! Spacious secondary bedrooms are bigger than usual and have walk in closets. Big size lot with extended covered patio, sprinklers for the freshly seeded grass and RV gate.Must see this beautiful home today!

9433 W Elm Street, Phoenix

$1,049,000
3 Beds 5 Baths 7061447 MLS 3,188 SqFt. 85006 Zip Code
Architectural. Artistic. Unforgettable. Located in the heart of Phoenix's coveted Coronado Historic District, this custom residence is unlike anything else on the market. Designed for those who appreciate bold architecture and creative spaces, the home features dramatic 30 foot ceilings, exposed industrial elements, polished concrete floors, two fireplaces, an upgraded kitchen, and a spectacular primary suite with a custom walk-in closet and private laundry. A detached guest house offers incredible flexibility for guests, multigenerational living, a home office, or rental income potential. Complete with a detached 2-car garage, automatic gate, saltwater pool, spa, outdoor kitchen, and an oversized corner lot, this is a true signature property.

2301 N 13th Street, Phoenix

$389,000
3 Beds 3 Baths 7061430 MLS 1,826 SqFt. 85085 Zip Code
Move right into this brand-new luxury condominium, thoughtfully appointed with designer window treatments, a refrigerator, washer and dryer, and finished epoxy garage floor. Offering exceptional style, convenience, and value from day one. Private gated community with resort-style amenities including a community center, fitness studio, pool, outdoor BBQs, firepit, outdoor gathering areas, and dog park. Toll Brothers new luxury condo available for immediate move-in. This spacious home offers plenty of room for the whole family and more! The open-concept kitchen seamlessly connects to the main living area and provides easy access to the outdoor patio, perfect for entertaining or relaxing. Designer touches include stainless steel appliances, upgraded cabinetry, and elegant quartz countertops. Secondary bedrooms and full bath on first floor. Bedroom three has a private covered patio. Primary bedroom suite has a private deck. Don't miss your chance to own a home in this sought-after community. Ideally located with close proximity to premier shopping, dining, entertainment, and everyday conveniences, Valle Norte offers the perfect blend of luxury, comfort, and accessibility.

2121 W Sonoran Desert Drive Unit 99, Phoenix

$599,000
3 Beds 3 Baths 7061327 MLS 2,088 SqFt. 85041 Zip Code
Tucked inside the gated community of Harvest Groves, this 3-bedroom home offers a rare blend of character, comfort & low-maintenance living in Phoenix. A charming front porch, stone accents & detached 2-car garage set the tone. Inside, vaulted ceilings, wood flooring, fresh paint & a floor-to-ceiling stone fireplace create a warm, inviting space. The open kitchen features white cabinetry, granite counters, SS appliances, center island & walk-in pantry. The spacious primary suite offers direct outdoor access, soaking tub & walk-in closet. Enjoy added convenience with front landscaping included in the HOA. If you're looking for a Phoenix home with personality that feels anything but cookie-cutter, Harvest Groves is worth discovering! PLUS! A versatile den provides endless possibilities and can easily serve as an additional bedroom, office, fitness area, or hobby space. Relaxing backyard includes a cozy deck and fragrant citrus tree. Don't let this fantastic opportunity slip by!

2720 W Harvest Groves Lane, Phoenix

$450,000
2 Beds 2 Baths 7061290 MLS 1,338 SqFt. 85014 Zip Code
Welcome home to this stunning 2-bedroom, 1.5-bath penthouse in the highly sought-after Artisan Lofts, where modern design meets timeless character. One of the few residences in the community with unobstructed Piestewa Peak views from the living room, this exceptional home offers a truly unique living experience. Inside, you'll find natural oak luxury vinyl plank flooring, soaring ceilings, and walls of windows that flood the space with natural light, creating an open and inviting atmosphere. The chef-inspired kitchen is the heart of the home, featuring warm natural wood cabinetry, luxury stainless steel appliances, sleek concrete countertops, and an oversized island perfect for entertaining, morning coffee, or late-night conversations. The main-level bedroom captures breathtaking mountain views, while the loft-style second bedroom overlooks the living space below and is connected by a dramatic catwalk leading to a versatile office, reading nook, or fitness area. Every detail has been thoughtfully curated to create a sophisticated yet comfortable retreat. The dining area is highlighted by a striking designer chandelier, while oversized French doors invite the outdoors in and frame the spectacular scenery beyond. Step onto your private patio to enjoy panoramic views of Piestewa Peak, the downtown Phoenix skyline, and Arizona's unforgettable sunsets. Complete with two dedicated parking spaces, this one-of-a-kind penthouse perfectly blends urban luxury, architectural character, and the beauty of the Sonoran Desert. Welcome home.

914 E Osborn Road Unit 417, Phoenix

$1,695,000
5 Beds 5 Baths 7061285 MLS 3,013 SqFt. 85028 Zip Code
Set against the PHX MTN Preseve w/ dramatic views! Quiet & Secluded! FULL Custom Rebuild! RARE ATTACHED ADU: Kitchen/ Bath/Laundry/Bedroom=Great for Guests/Office! Meticulous Finishes! Has that New Home smell! Below Comps! Nicest Home & Best Lot in Heriitage Heights. All Masonry. Texas Limestone wainscot. No Steps. Energy Star Home. Discover 13' soaring ceilings, 8' solid Shaker doors. Bespoke kitchen: Elegant quarter-sawn oak thin Shaker cabinets, Taj quartz tops, GE Cafe Euro appliances. Dual- split floor plan for privacy. Wine closet/90-Bottle Cooler. Primary Bath: LED Mirrors, Bidet, Soaking Tub. A/C Oversize Garage w/ storage. See Documents tab for features. Outdoor kitchen. Louvered patio covers. Full Builder Warranty! Rear wall being moved back 7' to provide room for pool!

9024 N 28th Street, Phoenix

$949,900
6 Beds 5 Baths 7061269 MLS 4,368 SqFt. 85085 Zip Code
Come tour this exceptional 4,368 sq ft residence offering 6BD/4.5BA, private casita with separate entrance, cozy courtyard with build in exterior fireplace and sitting area & 3 car garage, all set on private culdesac backing to serene desert wash w stunning desert views and amazing privacy. This beautifully finished home features a thoughtfully designed layout & stunning upgrades. The open flow of living spaces creates a warm, inviting atmosphere filled w natural light. The residence has been meticulously cared for & lightly lived in as a family vacation home since its original construction. Located in a highly desirable N Phx setting, as well as the amenity rich Fireside at Norterra community, this rare property combines size, upgrades, privacy and breathtaking surroundings.

26722 N 11th Drive, Phoenix

$384,000
2 Beds 2 Baths 7061188 MLS 1,383 SqFt. 85024 Zip Code
Discover the charm of this fantastic 2-bedroom, 2-bathroom home with a POOL in Phoenix! Features a low-care desert landscape and a 2-car garage with shelving. The interior boasts vaulted ceilings, abundant natural light, a neutral palette, & tile flooring throughout. The inviting living area welcomes you! It also flows seamlessly to the bright family room, which showcases a media niche, cozy fireplace, & sliding glass doors that merge the inside & outside activities. The impressive kitchen is equipped with built-in appliances, white cabinetry, an island w/breakfast bar, & a breakfast nook. The bedrooms come with wood-look tile flooring & walk-in closets. The perfectly sized main bedroom has a separate exit to the back & an ensuite with dual sinks & oversized walk in shower, The backyard oasis is designed for year-round entertaining, with a refreshing pool, outdoor fireplace, mature palm trees, and plenty of additional seating areas. Excellent location! Just minutes from major roads, parks, shopping, restaurants, and everyday amenities. Move-in ready!

19655 N 9th Street, Phoenix

$725,000
4 Beds 2 Baths 7061179 MLS 2,139 SqFt. 85032 Zip Code
From the inviting new paver patio entry, step into this thoughtfully updated home showcasing modern upgrades and effortless indoor-outdoor living. Recently repainted inside and out, this home exudes pride of ownership and move-in ready appeal. New roof, new plumbing throughout, new windows (east/west), new screens throughout, new irrigation/landscape lighting/turf/pavers, and new extended patio. The thoughtfully updated kitchen is appointed with beautiful quartz countertops and fashionable finishes, flowing seamlessly into the main living area highlighted by vaulted ceilings and abundant natural light. A cozy fireplace adds warmth and character to the front living room, while luxury vinyl flooring enhances both style and functionality (wheelchair accessible) throughout. Retreat to the stylishly upgraded primary ensuite bathroom that features an easy access curbless walk-in shower designed for ease and comfort. Both the primary and guest bathrooms have been tastefully renovated with gorgeous tile shower walls and quartz counters to reflect today's design trends. Enjoy the added benefit of new Pex plumbing throughout for long-term reliability and peace of mind. The backyard offers a serene, low-maintenance retreat with an extended paver patio and premium artificial turf - perfect for entertaining or a quiet evening at home enjoying Arizona living. Convenient to shopping, restaurants, PV Comm College, and the 51/101 freeways.

18414 N 46th Way, Phoenix

$399,000
4 Beds 2 Baths 7061156 MLS 1,668 SqFt. 85029 Zip Code
Welcome to this charming 4-bed, 2-bath home in Phoenix! A low-maintenance front yard & a 2-car garage are just the beginning. Inside, you'll find vaulted ceilings, abundant natural light, a neutral palette, and tile & wood-look flooring throughout. Enjoy separate living and family rooms, both seamlessly connected to the kitchen for easy everyday living and entertaining! The kitchen features wood cabinetry, granite counters, stainless steel appliances, and a peninsula w/breakfast bar. The primary suite includes a private bathroom for added comfort. The large backyard has an open patio! With your creative ideas, you can make it a complete outdoor living space. Conveniently located with schools, shopping, dining, parks, hiking trails, and easy access to the I-17. Don't miss this opportunity!

4109 W Aster Drive, Phoenix

$639,000
4 Beds 3 Baths 7061133 MLS 2,295 SqFt. 85086 Zip Code
Hot off the Press, just in time for the Cooler Months and School starting. Take Advantage of this RARE OPPORTUNITY in THE LANDINGS w/ Community Center access and NO SOCIAL FEES. Home has been Recently updated with Fresh Interior Paint, Fixtures, Knobs, Ceiling Fans and Showerheads throughout. Luxurious Lifestyle in the Exclusive GATED Community of Anthem, Offering Both Privacy & Peace of Mind with 2,295 Sq Ft of Stylish and Comfortable Living with Upscale Touches and Incredible Mountain Views. This Meticulously Maintained Home features a SPLIT 1 Bedroom - Bath and Single Car Garage on the OTHER SIDE of the Home from the other 3 Bedroom - 2 Bath - 2 Car Garage.... Allowing Ease for a Workshop, Office Area, or Guest Corridor En Suite Possibilities. Whether You're Looking for a Lock and Leave Seasonal Living, Family Vacation Home, Potential Rental Investment or Full-Time Residence, this Single-Story Home has Just what You are Looking for in the Heart of Anthem. Conveniently located close to Hiking Trails, Freeways, A+ Schools, Hospitals, Shopping, Dining and all Your Entertainment Needs!

3423 W Inspiration Drive, Phoenix

$565,900
3 Beds 2 Baths 7061132 MLS 1,350 SqFt. 85032 Zip Code
STR opportunity! Beautiful 3-bedroom, 2-bath home in the desirable Phoenix neighborhood. Step inside to a bright, open layout featuring soaring vaulted ceilings and abundant natural light throughout. Enjoy the benefits of a 2-car garage and an incredible backyard designed for entertaining. Host gatherings under the covered patio or cool off in the sparkling pool--your own private oasis. Furnishings can be included on a separate bill of sale, allowing a buyer to step into cash flow operations from day one if desired or transition easily to family living. This is currently an investment property that operates as a short term rental, currently listed on Airbnb, VRBO and multiple other platforms. Property management in place and will be turn key. Buyer must honor future reservations. A rare opportunity to own a property that delivers immediate income potential and long term lifestyle and appreciation in one of Phoenix's most desirable locations.

3726 E Winchcomb Drive, Phoenix

$420,000
4 Beds 2 Baths 7061120 MLS 1,497 SqFt. 85041 Zip Code
GREAT MOVE-IN READY SINGLE LEVEL HOME BUILT IN 2005 IN A NICE COMMUNITY. HOME FEATURES: OPEN FLOOR PLAN, 4 BDRS, 2 FULLY REMODELED BATHROOMS, GREAT ROOM, OPEN KITCHEN, STAINLESS STEEL APPLIANCES, GRANITE COUNTERS, ELEGANT MAPLE CABINETRY, BREAKFAST BAR & EAT-IN KITCHEN. SPLIT FLOOR PLAN. NEWER FLOORING, GREAT INTERIOR COLOR PALLETTE, NEW AC WITH 10 YEAR WARRANTY INSTALLED IN 2026. GO OUT TO YOUR OWN PEBBLE TECH SWIMMING POOL, RAMADA WITH BBQ, GRASSY AREA, COVERED PATIO, RV GATE & GOOD SIZE BACKYARD. THIS HOME WILL NOT DISAPPOINT & CHECKS ALL BOXES. COMMUNITY FEATURES CHILDREN'S PLAY AREA, GREENBELTS, PICNIC RAMADAS, ETC. NEAR U.S 60, I-10, 202, AIRPORT, ASU, SCHOOLS, DOWNTOWN, RESTAURANTS, ETC. MUST SEE TO APPRECIATE. BATHROOMS REMODELED IN 21 & 23, FLOORING IN 2020 NEW POOL PUMP IN 2026

6914 S 22nd Lane, Phoenix

$374,900
3 Beds 2 Baths 7061106 MLS 1,477 SqFt. 85033 Zip Code
Discover this lovely single-level home in Phoenix! Featuring 3 beds, 2 baths, 2-car garage, and an RV gate. The interior boasts a neutral palette, abundant natural light, and tile & wood-look flooring throughout. The inviting family room flows seamlessly into the eat-in kitchen, creating an open feel! The kitchen features wood cabinetry, a pantry, and built-in appliances. Sliding glass doors from both the kitchen and formal living room provide easy access to the backyard. Large main suite includes a double-door entry and a private bathroom. The spacious backyard offers a covered patio, perfect for relaxing or entertaining. Both the front and backyards offer a blank canvas ready for your custom landscaping. Near major freeways, shopping, dining, parks, and more. Don't miss this opportunity!

4447 N 77th Drive, Phoenix

$732,494
3 Beds 3 Baths 7061099 MLS 2,886 SqFt. 85042 Zip Code
Beautiful brand-new home in a gated 60-home community at the base of South Mountain! This two-story features 10' ceilings on the first floor and 9' ceilings upstairs, along with 8' interior doors and abundant windows that create a bright, airy feel throughout. Enjoy seamless indoor-outdoor living with an impressive 16' sliding glass door-perfect for entertaining. The upgraded kitchen showcases stacked upper cabinets, quartz countertops, a stylish tiled backsplash, built-in GE gas appliances, and durable LVP flooring throughout the main living areas. The spacious primary suite offers an extra-large walk-in closet and an oversized tiled shower for a spa-like retreat. Designed with energy efficiency in mind, spray foam insulation ensures year-round comfort and saving

3723 E Fawn Drive, Phoenix

$1,625,000
4 Beds 6 Baths 7061061 MLS 3,450 SqFt. 85086 Zip Code
Presenting the first showcase residence in an exclusive five-home luxury cul-de-sac enclave in Desert Hills, where exceptional craftsmanship and modern design come together. Newly finished and move-in ready, this stunning single-level residence offers approximately 3,450 square feet of impeccably finished living space on a fully improved one-acre homesite, highlighted by a fully integrated 50ft RV garage designed to accommodate a luxury Class A motorcoach, an expansive 4- to 5-car garage, premium finishes, and quality construction throughout. As the first home offered within this exclusive five-home enclave, this is an exceptional opportunity to own a home in one of Desert Hills' newest custom luxury enclaves. The professionally landscaped front yard features an elegant paver driveway and walkways, premium artificial turf, and a circular gravel drive that enhances the home's curb appeal while providing convenient guest parking. Inside, the spacious open-concept design seamlessly connects the great room, kitchen, and dining areas, creating an inviting setting for both everyday living and effortless entertaining. The home features a private primary retreat, three private guest suites, each with its own full bathroom, a dedicated office/flex room, and two powder rooms, including one with direct access from the covered patio--ideal for future outdoor entertaining and poolside guests. Designed with both everyday living and entertaining in mind, the floor plan provides exceptional privacy for family and guests, while elevated ceilings, oversized 8-foot interior doors, designer lighting, and premium finishes create a sophisticated yet welcoming atmosphere throughout. A defining feature of this home is its exceptional garage and RV accommodations. The expansive attached garage comfortably accommodates 4 to 5 vehicles with extra-wide and extra-deep bays, making it ideal for collector vehicles, a workshop, recreational boats, or additional recreational vehicles. Complementing the attached garage is a fully integrated 50ft RV garage, purpose-built to accommodate a luxury Class A motorcoach, trailers, off-road vehicles, or virtually any combination of recreational equipment. Built for lasting quality and energy efficiency, this custom home features 2x6 full-shear wall construction, spray foam insulation, energy-efficient dual-pane windows, and carefully selected high-end finishes, delivering superior comfort, durability, and long-term performance. The backyard is fully enclosed with a block perimeter wall and a convenient RV gate, providing privacy, security, and ample space to create an exceptional outdoor living environment. Whether you envision a custom pool, spa, outdoor kitchen, expansive patio, or professionally designed desert landscaping, the possibilities are yours to define. The builder also offers optional pool and professionally designed landscape packages, allowing buyers to create a personalized resort-style retreat while potentially incorporating those improvements into their overall purchase and financing. Love the location but envision a different floor plan or personalized design? Four additional one-acre homesites remain available within this private luxury enclave, offering buyers the flexibility to choose from professionally designed, already-permitted home plans, modify those plans to suit their lifestyle, or work directly with the builder to create a fully custom residence from the ground up. Enjoy the same exceptional setting, craftsmanship, and architectural standards while creating a home uniquely tailored to your vision. Whether you're ready to move in today or inspired to create a home uniquely your own, this exclusive five-home enclave offers a level of flexibility, craftsmanship, and lifestyle seldom found in today's market. Tour the first showcase residence, or collaborate with the builder to create a custom home tailored to your vision and become part of one of Desert Hills' newest custom luxury enclaves.

1483 W Paso Nuevo Drive, Phoenix

$681,233
3 Beds 3 Baths 7061056 MLS 1,901 SqFt. 85042 Zip Code
Stunning new construction home in an exclusive 60-lot gated community at the base of South Mountain! This single-level home features 10' ceilings and 8' interior doors, creating a bright, open feel throughout. Enjoy seamless indoor-outdoor living with a dramatic 16' sliding wall of glass, perfect for entertaining or watching the beautiful AZ sunsets. The upgraded kitchen showcases 42'' upper cabinets, quartz countertops, built-in GE gas appliances and upgraded flooring throughout. The spacious primary suite offers an oversized shower for a spa-like retreat, large walk in closet and double sink vanity. Always built with energy efficiency in mind we use spray foam insulation for comfort & savings.

3727 E Fawn Drive, Phoenix

$970,000
5 Beds 4 Baths 7060989 MLS 1,937 SqFt. 85008 Zip Code
Welcome to luxury living in the coveted Arcadia Lite neighborhood! Situated on a premium corner lot with STUNNING mountain views, this fully remodeled home boasts exceptional high-end finishes throughout. The spacious 1,937 sq ft main house features 4 bedrooms, 3 bathrooms, a cozy fireplace, and a custom chef's kitchen designed for effortless entertaining. Rare for the area, both the living room and primary suite showcase dramatic vaulted ceilings. Step outside to your private oasis featuring a refreshing pool and a 600 sq ft, 1-bed/1-bath guest casita complete with a full kitchen--ideal for visitors or potential rental income. Complete with a 1-car garage, this rare gem truly has it all!

5302 E Yale Street, Phoenix

$1,270,000
4 Beds 4 Baths 7060970 MLS 3,063 SqFt. 85041 Zip Code
An exceptional opportunity in a private, gated community, set on a premium oversized north/south-facing homesite with breathtaking mountain views and bordering the community orchard. The Morrison is a single-level home spanning 3,063 sq. ft. and offers 4 bedrooms, 4 bathrooms, plus a dedicated home office -- available with 2 primary suites or attached gen suite featuring a private entrance, its own backyard access, and dedicated garage -- ideal for multigenerational living or guest privacy. To be built; photos shown represent the professionally designed model home and available finishes. Don't miss this rare chance to customize a luxury residence on one of the community's most desirable lots.

8425 S 10th Lane Unit 1, Phoenix

$695,000
6 Beds 6 Baths 7060894 MLS 85022 Zip Code
* **9.74% Day-One Cap Rate -- Exceptional Yield in a Single-Family Asset** * **Absolute NNN Structure -- Tenant Reimburses Property Taxes and Insurance** * **Contractual Rental Growth Built Into the Initial 5-Year Lease Term** * **Forward Yield Increases to Approximately 10.43% by Year 5** * **Newly Executed Lease Provides Contractual Income Through 2030** * **Personal Guarantee Supports the Tenant's Lease Obligations** * **More Than $40,000 in Recent Renovations and Capital Improvements** * **Predictable Income Stream Secured by Phoenix Real Estate** * **Built-In Upside Without Renovation, Repositioning, or Intensive Management** * **Rare Combination of Double-Digit Forward Yield and Residential Real Estate** ABSOLUTE NNN SINGLE-TENANT INVESTMENT 5-Year Lease | Built-In Rental Growth | 9.74% Year 1 Cap Rate POSITIONING Bond-Like Income Secured by Real Estate Absolute Triple NNN lease structure Newly executed 5-year lease commencing January 1, 2026 Personal guarantee Two additional 5-year renewal options Monthly base rent increases by $100 each year Tenant's first right of refusal ASKING PRICE: $695,000 EXECUTIVE SUMMARY Gerchick Real Estate is pleased to present a fully stabilized, single-tenant Absolute NNN investment secured by a newly executed 5-year lease. In addition to base rent, the tenant reimburses the landlord for property taxes and insurance, creating a predictable and largely passive income stream. This investment offers: Immediate cash flow Contractual annual rent growth Minimal landlord responsibility Personal guarantee Long-term renewal potential Strong initial and forward yields The property's value is driven by its contractual income stream. This is not an owner-occupant comparable-sale opportunity--it is a yield-focused real estate acquisition. FINANCIAL OVERVIEW Year 1 Income Base Rent: $5,200 per month NNN Reimbursements: $440.25 per month Total Monthly Income: $5,640.25 Total Annual Income: $67,683 Year 1 Cap Rate Purchase Price: $695,000 $67,683 ÷ $695,000 = 9.74% YEAR 1 CAP RATE: 9.74% FORWARD YIELD GROWTH Lease Year Annual Income Yield on Original Purchase Price Year 1 $67,683 9.74% Year 2 $68,883 9.91% Year 3 $70,083 10.08% Year 4 $71,283 10.26% Year 5 $72,483 10.43% By Year 5, the annual yield increases to approximately 10.43% based on the original $695,000 purchase price. FIVE-YEAR CASH-FLOW PROJECTION Assuming an all-cash purchase at $695,000: Lease Year Projected Gross Income Year 1 $67,683 Year 2 $68,883 Year 3 $70,083 Year 4 $71,283 Year 5 $72,483 Total $350,415 TOTAL PROJECTED FIVE-YEAR GROSS INCOME: $350,415 The projected five-year gross income equals approximately 50.42% of the purchase price, providing investors with the potential to recover more than half of the original acquisition cost through gross income during the initial lease term alone. LEASE ABSTRACT Lease commencement: January 1, 2026 Initial lease term: 5 years Renewal options: Two additional 5-year terms Base-rent increases: $100 per month annually Guarantee: Personal guarantee First right of refusal: Provided to tenant Property taxes: Reimbursed by tenant Property insurance: Reimbursed by tenant Lease structure: Absolute NNN INVESTMENT THESIS Why This Asset Performs Attractive 9.74% initial cap rate Contractual annual rent increases Forward yield exceeding 10% beginning in Year 3 Personal guarantee helps reduce investment risk Minimal ongoing management burden Annual increases provide a hedge against inflation Strong Phoenix location Potential for future cap-rate compression Contractual income secured by underlying real estate Two additional 5-year renewal options This structure may appeal to private investors, 1031 exchange buyers, family offices, and yield-focused purchasers seeking stable real estate income without the management demands of a traditional residential rental. BUYER REQUIREMENTS The Seller recognizes that traditional residential appraisal methodology may not fully reflect the value of the property's contractual income stream. All offers must: Be submitted as an all-cash purchase; or Waive the appraisal contingency; and Include acceptable proof of funds This is an income-driven acquisition. DISCLAIMER All information contained herein has been obtained from sources deemed reliable but is not guaranteed. Buyer shall independently verify all information, including but not limited to lease terms, rental income, reimbursements, expenses, property condition, zoning, square footage, and all other material facts.

1927 E Crocus Drive, Phoenix

$700,000
3 Beds 2 Baths 7060857 MLS 1,846 SqFt. 85023 Zip Code
NESTLES IN ONE OF MOON VALLEY'S MOST DESIRABLE COMMUNITIES. THIS BEAUTIFULLY MAINNTAINED HOME OFFERS EXCEPTIONAL COMBINATION OF COMFORT, CONVENIENCE, AND LIFESTYLE ,IDEALLY LOCATED JUST MOMENTS FROM MOON VALLEY COUNTRY CLUB! THE INTERIOR HAS BEEN TASTEFULLY UPDATED WITH GRANITE COUNTERTOPS, TILE AND CARPET, AND A FUNCTIONAL FLOOR PLAN DESIGNED FOR EVERYDAY LIVING AND ENTERTAINING. STEP OUTSIDE TO A SPACIOUS EXTENDED PATIO OVERLOOKING A LUSH GREENBELT PROVIDING A PERFECT SETTING FOR MORNING COFFEE,OUTDOOR DINING OR SIMPLY RELAXING WHILE ENJOYING THE PEACEFUL SURROUNDINGS. RESIDENTS ENJOY COMMUNITY AMENITIES OF SPARKLING POOL,TENNIS COURT,AND PICKLE-BALL COURT.THIS HOME PRESENTS AN OUTSTANDING OPPORTUNITY TO ENJOY THE BEST OF NORTH PHOENIX LIVING!

110 W Tam Oshanter Drive W, Phoenix

$624,900
4 Beds 3 Baths 7060813 MLS 2,243 SqFt. 85053 Zip Code
Beautifully updated 4-bedroom, 3-bathroom home in the desirable Brandywine subdivision of Phoenix with no HOA! This property truly has it all, including a sparkling pool, covered cabana, private guest casita, RV gate with RV parking, and a unique golf simulator that can easily be converted back into a full 4-car garage. The main home features 3 bedrooms and 2 bathrooms, while the attached 1-bedroom, 1-bathroom casita offers private access from the expansive covered back patio, making it perfect for guests, multi-generational living, a home office, or rental potential. Thoughtful upgrades throughout include new dual-pane windows, a new A/C system, a new water heater, an updated kitchen and bathrooms, newer flooring, and fresh interior paint. The current golf simulator occupies one... side of the garage and is cooled by a dedicated evaporative cooler. The seller is willing to remove the wall and restore the space to its original two additional garage bays prior to closing. The beautifully landscaped backyard features a combination of lush grass and low-maintenance desert landscaping, complemented by mature shade trees that create a private outdoor retreat. This move-in-ready home offers the perfect blend of comfort, flexibility, and resort-style living in one of Phoenix's most established neighborhoods.

16310 N 36th Drive, Phoenix

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