1027 S Siesta Lane, Tempe, AZ 85281

$605,000
4
BD
2
BA
1,912
SqFt

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Sold Price
$605,000
List Price
$600,000
Closing Date
Mar 18, 2026
Days on Market
55
Status
CLOSED
MLS#
6966893
City
Tempe
Bedrooms
4
Bathrooms
2
Living SQFT
1,912
Lot Size
8,320
Subdivision
Escalante
Year Built
1958
Type
Single Family Residence

Property Description

Turnkey, proven cash flowing short term rental in the heart of Tempe with immediate income and family ready flexibility. The layout, location, and setup allow a buyer to generate income from day one or transition the property for full time family living without compromise. Fully remodeled just over three years ago with new HVAC system, new tankless water heater, new appliances, and a brand new PebbleTec pool with new pool heater. Private backyard designed for entertaining and strong guest demand. Open concept layout with multiple gathering spaces. Minutes from ASU, Downtown Tempe, Old Town Scottsdale, and Sky Harbor Airport. Located in a high growth corridor with ongoing redevelopment supporting long term demand. Furnishings can be included in the sale, allowing a buyer to step into cash flow operations from day one if desired or transition easily to family living. This is a rare opportunity to own a property that delivers immediate income potential and long term lifestyle and appreciation in one of Tempe's most desirable locations.

Additional Information

Elementary School
Flora Thew Elementary School
High School
McClintock High School
Middle School
Connolly Middle School
Acres
0.19
Assoc Fee Includes
No Fees
Builder Name
Unknown
Construction
Block, Stucco
Cooling
Other
Exterior Features
Private Yard
Fencing
Block
Fireplace
Family Room
Flooring
Vinyl
Heating
Electric
Living Area
1,912
Lot Size
8,320
New Financing
Cash, Conventional
Other Rooms
Family Room, Great Room, Bonus/Game Room
Lot Features
Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Frnt, Synthetic Grass Back
Roofing
Composition
Pool
Yes
Spa
None
Stories
1
Subdivision
Escalante
Taxes
$1,839
Tax Year
2023
Water
Public

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Listing courtesy of Arizona Resource Realty. Selling Office: Equities Real Estate.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.