1503 Camino Bacalao, Rio Rico, AZ 85648

Welcome to this incredible opportunity featuring a spacious main house and an attached 700 sq. ft. guest house, all situated on a large lot with stunning 360-degree views. This property is full of potential and perfect for those looking to create their dream home or invest in a high-upside renovation project. With a motivated seller and an aggressively reduced price, this property is truly priced to sell.The home has served as a rental for over 10 years and is now ready for a new chapter. It does need work, approximately $100,000 in renovations are estimated to bring it up to modern standards. For that reason, the property is being sold AS-IS and the seller has factored the needed repairs into the current listing price. This is a rare chance to purchase a home with great bones and exceptional potential at a below-market price. Inside the main house, you'll find a spacious layout that invites creativity and customization. The kitchen, in particular, is a blank slate. Recently, there was a minor toilet leak in the bathroom of the attached casita. Because the kitchen backs up to that bathroom, the insurance mitigation team opted to remove the kitchen cabinets to inspect the area thoroughly. No major issues were found, but given the condition of the kitchen and the need for a full renovation, the seller chose to leave it as-is to give the next owner the opportunity to build the kitchen to their own taste and standards. The attached guest house, with approximately 700 sq. ft. of living space, offers flexibility for a variety of uses. Whether you envision a private office, guest suite, or rental income opportunity, this space is a valuable addition to the property. The views from all around the property are truly breathtaking, panoramic vistas that provide a serene and private setting for your future home. While the home will require effort and vision, the fundamentals are strong. With a large lot, dual living structures, and an unbeatable location with incredible views, this property stands out in today's market. It's an ideal fit for investors, flippers, or homeowners ready to roll up their sleeves and unlock the full potential of this special place. Please note that the listing agent is related to the seller. This relationship ensures a transparent and smooth transaction process. We welcome all inquiries and offers, if you have questions about the home, its condition, or the renovation scope, don't hesitate to reach out. I'm happy to go over the details with you. If you're looking for a property with space, views, and upside, this is it. Bring your contractor, your ideas, and your offer. Let's make a deal happen!