$1,250,000
Welcome to 8307 E Rancho Vista, a turn-key, income producing property in the prime zip code of 85251, just minutes from the shops, restaurants, and nightlife of Old Town Scottsdale, This 4 bedroom, 3.5 bath home sits on a quarter-acre lot with beautiful desert landscaping, great curb appeal, and an RV gate with extended driveway for ample parking. It's a short-term rental that's already up and running, and it comes with a split floor plan and two primary en suites, making it a versatile option for hosting groups or multiple families under one roof.
Inside offers an updated, seamlessly flowing open-concept layout, enhanced by an electric fireplace, exposed beams, a neutral palette, recessed lighting, and wood accent details. The open kitchen welcomes you with stainless steel appliances, quartz counters, a designer tile backsplash, white shaker cabinetry, and an island with a breakfast bar. The large main bedroom opens through sliding doors to the backyard, and its spa-like ensuite includes dual sinks, a walk-in closet, and a lavish wet-room-style bath with a soaking tub and walk-in shower.
Since a 2021 update that included a new AC system and water heater, the current owner has poured love into the backyard, turning it into a true resort-style escape with a new heated pool and spa featuring a tanning ledge, a cozy fire pit, artificial turf, and plenty of ways to keep guests entertained: think cornhole, ping pong, and an outdoor putting green. The RV gate comes with concrete already poured behind it, so adding a carport later would be an easy upgrade. And the furniture, decor, and outdoor games you see throughout are available to the buyer via a separate furnishings package, so you could start hosting, or simply keep the bookings coming, right after close.
This home has been lovingly and successfully run as a self-managed Airbnb under an active City of Scottsdale short-term rental license, and it shows: a 4.99-star rating, with guests consistently raving about the backyard, the pool, and the hospitality. Local property management companies project around $120,000 in gross annual revenue based on how the home is currently set up, and last year's actual numbers are available on request for anyone serious about the deal.
Whether you're an investor chasing a cash-flowing asset with a real track record, or you just want a beautiful home with the option to rent it out, 8307 E Rancho Vista Dr has it all: the location, the recent updates, the designer interior, the backyard everyone talks about, and a fully furnished, ready-to-go package with income history to back it up.
Highlights:
4 bedrooms, 3 baths + powder room, split floor plan with two primary en suites
Open-concept interior with electric fireplace, exposed beams, and wood accent details
Kitchen with stainless steel appliances, quartz counters, and an island with breakfast bar
Main bedroom with sliding doors to the backyard and a spa-like ensuite with soaking tub and walk-in shower
Turnkey, with a recent backyard makeover: new heated pool with tanning ledge, spa, and fire pit
Quarter-acre lot with turfed backyard featuring cornhole, ping pong, and an outdoor putting green
RV gate with extended driveway and concrete poured behind it, easy to add a carport later
Furniture and furnishings available separately via bill of sale, not included in list price
Active City of Scottsdale short-term rental license
Established Airbnb with 4.99-star rating (142 reviews, Guest Favorite, top 5%)
Projected $120,000 gross annual revenue per local property management companies
Prior year financials available on request
4
Beds
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4
Baths
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7081878
MLS
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ACTIVE
Status
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0.25
Acres
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85251
Zip Code
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2,130
SqFt.
8307 E Rancho Vista Drive, Scottsdale
