Date
Details
Price
Change
Source
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.
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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, 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.
Full Property Details
Full Property Details for 1027 S Siesta Ln
General
- Price: $600,000
- Taxes: $1,839 (2023)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6966893
- Updated: 1/12/2026
- Added to Site: 4 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: 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
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
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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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1027 S Siesta Ln
Tax History
Tax History for 1027 S Siesta Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,673
7%
$40,100
11%
2024
$1,564
17%
$36,260
-8%
2023
$1,335
5%
$39,580
11%
2022
$1,275
—
$35,730
37%
2022
$1,275
-2%
$26,060
6%
2021
$1,300
3%
$24,520
13%
2020
$1,257
2%
$21,780
10%
2019
$1,233
3%
$19,770
16%
2018
$1,200
-11%
$17,080
13%
2017
$1,343
1%
$15,110
22%
2016
$1,334
4%
$12,410
24%
2015
$1,281
3%
$10,010
21%
2014
$1,247
10%
$8,300
12%
2013
$1,129
—
$7,420
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1027 S Siesta Ln
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- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
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- Patio Home
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
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1027 S Siesta Lane, Tempe, AZ 85281 (MLS# 6966893) is a Single Family property with 4 bedrooms and 2 full bathrooms. 1027 S Siesta Lane is currently listed for $600,000 and was received on January 11, 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.