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$605,000
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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.
Full Property Details
Full Property Details for 1027 S Siesta Ln
General
- Sold For: $605,000
- Taxes: $1,839 (2023)
- Status: Closed
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6966893
- Added to Site: 70 day(s) ago
Interior
- Interior Features: Breakfast Bar, Pantry, 2 Master Baths, Laminate Counters
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room
- Appliances: Dryer, Washer, Refrigerator, Built-in Microwave, Disposal, Electric Cooktop
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Pool Description: Play Pool, Heated
Exterior
- Exterior Features: Private Yard
Location
- County: Maricopa
- Township: 1N
- Subdivision: Escalante
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Exterior Const.: Stucco, Block
- Roof: Composition
- Sq. Ft. Source: Appraiser
- Year Built: 1958
- Property Condition: Complete Spec Home
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,320
- Lot Size Source: Assessor
- Lot Features: Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Frnt, Synthetic Grass Back
- Fencing (Description): Block
Financial Considerations
- Tax Amount: $1,839
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 18 HUDSON PARK MCR 007740
- Property ID: 132-72-059
- Range: 4E
- Section: 24
- Lot Number: 18
Listed by Arizona Resource Realty
Sold by Equities Real Estate
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Schools
Schools serving 1027 S Siesta Ln
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Thew Elementary School 2130 East Howe Avenue, Tempe, AZ 85281 | K-5 | 0.1 mi |
Connolly Middle School 2002 East Concorda Drive, Tempe, AZ 85282 | 6-8 | 1 mi |
McClintock High School 1830 East Del Rio Drive, Tempe, AZ 85282 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1027 S Siesta Ln
Date
Details
Price
Change
Source
3/18/2026
Sold
$600,000
—
MLS
1/11/2026
Listed
$600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1027 S Siesta Lane, Tempe, AZ 85281 (MLS# 6966893) is a Single Family property that was sold at $605,000 on March 18, 2026. Want to learn more about 1027 S Siesta Lane? Do you have questions about finding other Single Family real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

