Nothing else like this on the market! Lovely family estate and/or vacation rental property in prestigious Arcadia neighborhood, across the street from the Royal Palms Resort. This unique property is currently in operation as a short term vacation rental destination (except the main house) and features a 2 bd guest house, 3 1bd villas w/full kitchens and 2 resort style guest suites, all with beautiful views of Camelback Mountain. Current and future bookings offer excellent cash flow, especially going into the high season. Originally a date farm, with main house built in 1940, this 1.6 AC splittable lot features 50+ date palm trees in a resort styled old world setting. Listed below MV, current appraisal to justify. Major remodel and upgrades done in 2012. Private property, do not disturb.
Listing courtesy of DPR Realty LLC.
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