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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
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1027 S Siesta Lane, Tempe, AZ – $600,000

  • 4 Beds
  • 2 Baths
  • 1,912 Sqft
  • .19 Acres
  • 4 Beds
  • 2 Baths
  • 1,912 Sqft
  • .19 Acres

1027 S Siesta Lane

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.

Essential Information

  • MLS® #6966893
  • Price$600,000
  • Bedrooms4
  • Bathrooms2.00
  • Square Footage1,912
  • Acres0.19
  • Year Built1958
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address1027 S Siesta Lane
  • SubdivisionEscalante
  • CityTempe
  • CountyMaricopa
  • StateAZ
  • Zip Code85281

Amenities

  • UtilitiesSRP, SW Gas
  • Parking Spaces2
  • Has PoolYes
  • PoolPlay Pool, Heated

Interior

  • AppliancesElectric Cooktop
  • HeatingElectric
  • CoolingOther
  • FireplaceYes
  • FireplacesFamily Room
  • # of Stories1

Interior Features

Breakfast Bar, Pantry, 2 Master Baths, Laminate Counters

Exterior

  • RoofComposition
  • ConstructionStucco, Block

Exterior Features

Covered Patio(s), Patio, Pvt Yrd(s)Crtyrd(s)

Lot Description

Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Frnt, Synthetic Grass Back

School Information

  • ElementaryFlora Thew Elementary School
  • MiddleConnolly Middle School
  • HighMcClintock High School

District

Tempe Union High School District

Listing Details

  • OfficeArizona Resource Realty
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Arizona Resource Realty.

Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on January 12th, 2026 at 8:48pm MST.