$600,000
1027 S SIESTA LaneTempe, AZ 85281
MLS# 6966893
4 beds | 2 baths

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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,
Details
Maps
Contract Information
List Price: $600,000
Status: Active
Current Price: $600,000
List Date: 2026-01-11
Type: Exclusive Agency
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 1027
Compass: S
Street Name: SIESTA
St Suffix: Lane
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 4819
County Code: Maricopa
Assessor Number: 132-72-059
Subdivision: Escalante
Tax Year: 2023
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 4
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 1912
Price/SqFt: 313.81
Horses: N
Builder Name: Unknown
Year Built: 1958
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 8320
Approx Lot Acres: 0.191
Flood Zone: No
Community Pool Y/N: No
Private Pool Y/N: Yes
Fireplace YN: Yes
Fireplaces Total: 1
Elementary School District: Tempe School District
High School District: Tempe Union High School District
Elementary School: Flora Thew Elementary School
Jr. High School: Connolly Middle School
High School: McClintock High School
Remarks Misc
Directions: Head south on S Lola Ln toward E Howe Ave, Turn left onto E Howe Ave, Destination will be on the left.
Geo Lat: 33.41678
Geo Lon: -111.892759
Legal Info
Township: 1N
Range: 4E
Section: 24
Lot Number: 18
Basement
Basement Y/N: N
Parking Spaces
Slab Parking Spaces: 2
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: N/A
Building Style: String
Master Bathroom: 2 Master Baths
Fireplace Features: Fireplace Family Rm
Flooring: Vinyl
Private Pool Features: Heated; Play Pool
Spa: None
Dining Area: Formal; Breakfast Bar
Kitchen Features: Electric Cooktop; Disposal; Built-in Microwave; Refrigerator; Pantry; Laminate Counters
Laundry: Washer Included; Dryer Included
Other Rooms: Family Room; Great Room; Bonus/Game Room
Exterior Features: Covered Patio(s); Patio; Pvt Yrd(s)/Crtyrd(s)
Construction: Block
Const - Finish: Stucco
Construction Status: Complete Spec Home
Roofing: Composition
Cooling: Other
Heating: Electric
Utilities: SRP; SW Gas
Water Source: City Water
Sewer: Sewer - Public
Fencing: Block
Landscaping: Gravel/Stone Front; Gravel/Stone Back; Synthetic Grass Frnt; Synthetic Grass Back
Lockbox Type: See Private Remarks
Possession: Close of Escrow
Association Fee Incl: No Fees
Existing 1st Loan: Conventional
New Financing: Cash; Conventional
Disclosures: None
Supplements
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.
Listing Office: Arizona Resource Realty
Last Updated: January - 12 - 2026

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Tuesday 13th of January 2026 07:36 AM

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