Exceptional Income Opportunity - 1.29-Acre Estate with No HOA
Unlock a rare investment opportunity in the exclusive Union Hills Foothills Estates. Situated on a sprawling 1.29-acre lot, this versatile property is a high-yield asset perfectly suited for a luxury short-term rental, a high-end long-term lease, or a seasonal retreat.
Key Investment Highlights:
Total Flexibility: With no HOA and no short-term rental restrictions, this property offers a wide variety of exit strategies and revenue streams.
Turnkey & Fully Furnished: The home comes fully furnished and move-in ready, significantly reducing startup costs for investors looking to list on luxury rental platforms immediately. Built-in Efficiency: Owned solar panels drastically lower operating costs and enhance long-term cap rates through meaningful utility savings.
Premium Features: 4 spacious bedrooms + bonus room / office, 4 bathrooms, an oversized 3-car garage, and ample space for RV or boat storage with no HOA restrictions --a major draw for premium utilization.
The interior boasts an expansive primary suite with dual "his and hers" closets and a spa-inspired bathroom. Outside, the property is designed for privacy; none of the neighboring windows view the backyard, ensuring a secluded mountain-view oasis. The front courtyard features a private hot tub with panoramic views of the city lights. A standout feature of the home, the spacious covered patio offers stunning mountain views and a cool, shaded retreat from the sun. Ideal for everything from morning coffee to evening gatherings, it provides the perfect blend of comfort, scenery, and effortless outdoor living.
Located at a scenic higher elevation with paved roads and rare buried power lines, this estate combines aesthetic luxury with practical convenience.
For sale
Price cut: $20K (4/23)
$1,275,000
412 E YEARLING Road, Phoenix, AZ 85085
4beds
3,030sqft
Est.:
Single Family Residence
Built in 2004
1.29 Acres Lot
$-- Zestimate®
$421/sqft
$-- HOA
What's special
Owned solar panelsExpansive primary suiteSecluded mountain-view oasisScenic higher elevationSpa-inspired bathroomPaved roadsRare buried power lines
- 147 days |
- 573 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Julie Bradfeldt 612-965-7749,
Russ Lyon Sotheby's International Realty
Source: ARMLS,MLS#: 6951163
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Heat Pump, Forced Air, ENERGY STAR Qualified Equipment, Electric
Cooling
- Heat Pump, Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Mini Split, Programmable Thmstat
Appliances
- Included: Dryer, Washer, Gas Stub for Range, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven, Gas Cooktop
- Laundry: Inside, Engy Star (See Rmks)
Features
- Non-laminate Counter, High Speed Internet, Smart Home, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Carpet, Laminate, Stone, Tile
- Windows: Screens, Skylight(s), Low Emissivity Windows, Double Pane Windows, ENERGY STAR Qualified Windows
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Family Room, Living Room
- Furnished: Yes
Interior area
- Total structure area: 3,030
- Total interior livable area: 3,030 sqft
Property
Parking
- Total spaces: 7
- Parking features: Attached, RV Access/Parking, Garage Door Opener, Extended Length Garage, Direct Access, Circular Driveway, Attch'd Gar Cabinets, Side Vehicle Entry
- Attached garage spaces: 3
- Uncovered spaces: 4
Accessibility
- Accessibility features: Zero-Grade Entry, Remote Devices, Mltpl Entries/Exits, Lever Handles, Hard/Low Nap Floors, Bath Scald Ctrl Fct, Bath Lever Faucets, Accessible Hallway(s), Accessible Closets
Features
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Private Street(s), Private Yard
- Has private pool: Yes
- Pool features: Variable Speed Pump, Outdoor Pool, Play Pool, Fenced, Heated
- Has spa: Yes
- Spa features: Above Ground, Heated, Private, Bath
- Fencing: Perimeter,Back Yard,Block,Wrought Iron
- Has view: Yes
- View description: City, Desert, Panoramic, City Lights, Mountain(s)
- Waterfront features: Wash
Lot
- Size: 1.29 Acres
- Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Gravel/Stone Back, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Natural Desert Front, Auto Timer H2O Back
Details
- Parcel number: 21014047A
- Special conditions: Owner/Agent
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Santa Barbara/Tuscan
- Property subtype: Single Family Residence
Materials
- ICAT Recessed Lighting, Stucco, Wood Frame, Blown Cellulose, Painted
- Foundation: Slab
- Roof: Tile
Condition
- Year built: 2004
Details
- Builder name: Sonoran Signature Builders
Utilities & green energy
- Electric: 220 Volts in Kitchen
- Sewer: Septic Tank
- Water: Private Well, Onsite Well
- Utilities for property: Phone Available, Propane
Green energy
- Energy efficient items: Solar Panels, Solar Tubes, ENERGY STAR Light Fixture, Multi-Zones
- Water conservation: Low-Flow Fixtures, Recirculation Pump
Community & HOA
Community
- Security: Security System Owned
- Subdivision: County Island
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $421/sqft
- Tax assessed value: $1,004,000
- Annual tax amount: $4,243
- Date on market: 12/4/2025
- Cumulative days on market: 147 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA,Lease Purchase,VA Loan
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Price change | $1,275,000-1.5%$421/sqft |
Source:  ARMLS #6951163 Report a problem | ||
| 12/4/2025 | Listed for sale | $1,295,000-5.8%$427/sqft |
Source: ARMLS #6951163 Report a problem | ||
| 9/10/2025 | Listing removed | $7,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/23/2025 | Listed for rent | $7,500-11.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/22/2025 | Listing removed | $1,375,000$454/sqft |
Source: ARMLS #6786572 Report a problem | ||
| 5/21/2025 | Price change | $1,375,000+7.8%$454/sqft |
Source: ARMLS #6786572 Report a problem | ||
| 4/27/2025 | Price change | $1,275,000-1.9%$421/sqft |
Source: ARMLS #6786572 Report a problem | ||
| 4/17/2025 | Price change | $1,300,000-3.7%$429/sqft |
Source: ARMLS #6786572 Report a problem | ||
| 2/24/2025 | Price change | $1,350,000-1.8%$446/sqft |
Source: ARMLS #6786572 Report a problem | ||
| 12/12/2024 | Listed for sale | $1,375,000+7.8%$454/sqft |
Source: ARMLS #6786572 Report a problem | ||
| 8/9/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/28/2024 | Listed for rent | $8,500$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/23/2024 | Listing removed | $1,275,000$421/sqft |
Source: ARMLS #6679731 Report a problem | ||
| 4/27/2024 | Listed for sale | $1,275,000+116.8%$421/sqft |
Source: ARMLS #6679731 Report a problem | ||
| 9/26/2017 | Listing removed | $588,000$194/sqft |
Source: HomeSmart #5613307 Report a problem | ||
| 8/21/2017 | Price change | $588,000-1.8%$194/sqft |
Source: HomeSmart #5613307 Report a problem | ||
| 8/13/2017 | Price change | $599,000-0.2%$198/sqft |
Source: HomeSmart #5613307 Report a problem | ||
| 6/1/2017 | Listed for sale | $600,000-7.7%$198/sqft |
Source: HomeSmart #5613307 Report a problem | ||
| 3/28/2009 | Listing removed | $650,000+21.5%$215/sqft |
Source: Visual Tour #2959111 Report a problem | ||
| 5/12/2008 | Sold | $535,000-17.7%$177/sqft |
Source: Public Record Report a problem | ||
| 3/28/2008 | Listed for sale | $650,000+73.3%$215/sqft |
Source: Century 21 #2959111 Report a problem | ||
| 11/2/2004 | Sold | $375,000$124/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,167 +0.3% | $100,400 +9.2% |
| 2024 | $4,153 -8.7% | $91,970 +76% |
| 2023 | $4,550 +1.2% | $52,269 -11% |
| 2022 | $4,496 -3% | $58,750 +12.1% |
| 2021 | $4,635 +2.6% | $52,430 -5.1% |
| 2020 | $4,520 +3% | $55,260 +6.3% |
| 2019 | $4,388 | $51,980 +2.5% |
| 2018 | $4,388 +20.2% | $50,730 -1.7% |
| 2017 | $3,651 +18.3% | $51,600 +9% |
| 2016 | $3,087 | $47,320 +0.7% |
| 2015 | $3,087 | $46,970 +31.5% |
| 2014 | -- | $35,720 +16.6% |
| 2013 | -- | $30,630 -9.1% |
| 2012 | -- | $33,710 -6.1% |
| 2011 | -- | $35,900 -14% |
| 2010 | -- | $41,750 -8.7% |
| 2009 | -- | $45,720 -21.6% |
| 2008 | -- | $58,300 +6.7% |
| 2007 | -- | $54,650 +72.7% |
| 2006 | -- | $31,650 +202% |
| 2005 | -- | $10,480 |
Find assessor info on the county website
Monthly payment
Est. payment
$6,811/mo
Principal & interest
$6375
Property taxes
$436
More affordability tools
Climate risks
Neighborhood: Deer Valley
Nearby schools
GreatSchools rating
- 6/10Esperanza Elementary SchoolGrades: PK-6Distance: 3.3 mi
- 4/10Deer Valley Middle SchoolGrades: 7-8Distance: 4 mi
- 5/10Barry Goldwater High SchoolGrades: 7-12Distance: 4.2 mi
Schools provided by the listing agent
- Elementary: Esperanza Elementary School
- Middle: Deer Valley Middle School
- High: Deer Valley High School
- District: Deer Valley Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Maricopa County
- Phoenix
- 85085
- Deer Valley
- 412 E YEARLING Road
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