$ 1,000,000
-
$1,000,000
Price -
6
Bed -
5
Bath -
3,300
SqFt
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About the Listing praz04 - rw364,as723
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
Listing Highlights
Status
Active
Days on Site
27
Property Type
Residential
MLS ®
7020119
Year Built
1983
Total Square Footage
3,300
Lot/Acreage
0.36
County
Maricopa
Neighborhood
Fountain Hills Arizona No. 428
School District
Fountain Hills Unified District
Elementary School
McDowell Mountain Elementary School
Middle School
Fountain Hills Middle School
High School
Fountain Hills High School
Interior Details
- Bedrooms: 6
- Bathrooms: 5 Full
- Appliances:
- Air Cond: Central Air,Ceiling Fan(s),Programmable Thmstat
- Heating: Electric
- Fireplaces: Fire Pit,Family Room
- Floor: Carpet,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: 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
- Water: Pvt Water Company
Exterior Details
- Lot Description: Desert Front
- Garage Capacity: 2 car
- Roof: Composition
- Others: Misting System,Screened in Patio(s),Built-in Barbecue,Separate Guest House
- Sewer: Private Sewer
- Parking Features: Attached Garage,RV Access/Parking,RV Gate,Garage Door Opener,Separate Strge Area,Side Vehicle Entry
Financial Details
- Tax Amount: $2,428
- Taxes w/Assessments: N/A
- Tax/Property ID: 176-02-443
- Tax Year: 2025
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15019 N Mayflower Dr Fountain Hills, AZ 85268
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