8822 W DEER VALLEY Road, Peoria, AZ 85382

$1,799,995
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,345 Lot Size (sq. ft.): 40,711 Status: Active
Current Price: $1,799,995 Last Modified: 4/02/2026

Description

Income-Producing 1-Acre Oasis in Peoria! Potential $175K-$250K+ Gross Annual Revenue! Welcome to Laurel Gardens at 8822 W Deer Valley Rd, Peoria, AZ 85382, a rare, turnkey mixed-use opportunity on nearly 1 full acre in North Peoria's desirable growing area. This versatile property features two separate houses ready for short-term rentals, a stunning outdoor event venue that comfortably hosts up to 100 guests, flexible business rental spaces perfect for pop-up services, and ample room for large-toy storage (boats, RVs, and mobile homes). Whether you're an investor seeking diversified cash flow or an owner-operator looking for a lifestyle property that pays for itself, this is the one you've been waiting for.

Supplements: Imagine waking up in your private home, stepping out to a peaceful garden venue where families celebrate weddings and milestones under the Arizona sun, while the second house generates steady Airbnb income, storage fees roll in passively, and small business renters keep the cash flowing. It's not just real estate - it's a resilient income engine and a heartfelt gathering place all in one. Proven Revenue Streams, Built to Pay for Itself Fast Here's the conservative income potential based on current 2026 Peoria/Phoenix market comps (seasonality, 60% STR occupancy, and local regulations factored in): " Two Airbnb-Ready Houses: Each averages $175/night at 60% occupancy ’ ~$76,650/year combined. (Upside to $90K-$110K with professional management and event tie-ins.) " 100-Guest Outdoor Event Venue: 30 events/year at $2,500 average rental ’ $75,000/year. (Upside to $100K-$150K with 40-50 events and add-on packages.) " Large-Toy Storage (Boats, RVs, Mobile Homes): 10 spots at $150/month average and 80% occupancy ’ ~$14,400/year. (Upside to $20K-$30K with premium covered options.) " Flexible Business Spaces (nail pop-ups, seasonal accountants, etc.): 2-3 small spaces rented part-time $9,600/year. (Upside to $15K-$25K with full utilization.) Total Projected Gross Annual Income: Conservative: ~$175,650 Realistic mid-range: $200,000-$250,000 Optimistic (strong marketing): $280,000+ Cash flow after typical expenses still delivers strong returns in today's market, the perfect "set-it-and-forget-it" asset for investors tired of single-use properties. Property Highlights " Two Separate Houses: Airbnb/VRBO-ready with private entrances, modern living spaces, and easy access to everything on-site. Ideal for owner-occupancy in one while renting the other. " Outdoor Event Venue: Intimate garden setting with bridal suites, ample parking, and space for 100 guests - already proven for weddings, reunions, corporate events, and photoshoots. " Large-Toy Storage Area: Secure, spacious yard perfect for renting spots to boat and RV owners near Lake Pleasant. " Flexible Business Spaces: Quick-turn areas perfect for mobile nail techs, tax-season accountants, or other pop-up services - low overhead, high flexibility. " Nearly 1 acre of usable land in a semi-rural feel with room to grow or simply enjoy the Arizona lifestyle. Zoning & Important Notes Zoned Suburban Ranch (SR-43) in the City of Peoria. This low-density residential district supports the current single-family and limited rural uses, with the existing event venue, storage, and short-term rentals operating under conditional/temporary permits or grandfathered rights. Short-term rentals follow Arizona state law plus Peoria registration rules. Buyers/investors should budget for potential conditional use permits or rezoning to fully maximize mixed-use potential (great upside for the right owner). Full details available upon request transparency is key! This property sits in a prime North Peoria location - convenient to Westbrook Village, Lake Pleasant, golf, shopping, and everything the Valley has to offer. It's the versatile gem that stands out from ordinary listings: diversified income, emotional appeal, and real lifestyle value. Professional photos and a full virtual tour video will accompany the listing so you can see the magic for yourself - the gardens, the houses, the venue setup, and the storage potential. Don't miss this chance to own a true cash-flow powerhouse in Peoria. Serious investors and owner-operators, we would love to give you a private tour. Here is your chance to make Laurel Gardens your next smart investment or dream property!

More Information MLS# 7007310

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $1,799,995 Status: Active Current Price: $1,799,995 List Date: 2026-04-01

Location, Tax & Legal

Assessor's Map #: 8 Legal Description (Abbrev): W2 S2 E2 SW4 SE4 SW4 & EX S 55F RD Assessor's Parcel #: 24 Assessor Parcel Ltr: Q Tax Municipality: Maricopa - COUNTY Taxes: 2250 House Number: 8822 Compass: W Street Name: DEER VALLEY St Suffix: Road City/Town Code: Peoria State/Province: AZ Zip Code: 85382 Zip4: 2451 County Code: Maricopa Assessor Number: 200-08-024-Q Subdivision: Custom Tax Year: 2025

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Full Bathrooms: 3 Half Bathrooms: 0 Approx SQFT: 2345 Price/SqFt: 767.59 Approx Lot SqFt: 40711 Approx Lot Acres: 0.935 Guest House SqFt: 1000 Horses: Y Builder Name: N/A Elementary School District: Peoria Unified School District High School District: Peoria Unified School District Elementary School: Coyote Hills Elementary School Jr. High School: Coyote Hills Elementary School High School: Sunrise Mountain High School Community Pool Y/N: No Private Pool Y/N: Yes Fireplace YN: No Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 5 Total Bathrooms: 3 Year Built: 2017

Legal Info

Range: 1E Section: 15 Township: 4N

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1 Spray Foam Insulation: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Composition: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Ttl Mthly Fee Equiv: 0

Showing Notification Methods

Showing Service: Non-MLS Showing Service - See Private Remarks Text: 1 Email: 1 Phone Call: 1

Lockbox Type

See Private Remarks: 1

Master Bathroom

3/4 Bath Master Bdrm: 1 Double Vanity: 1

Master Bedroom

Split: 1

Additional Bedroom

Other Bedroom Walk-in Closet: 1

Add'l Property Use

Res/Business Use Ok: 1 Other: 1

Flooring

Tile: 1

Window Features

Dual Pane: 1

Private Pool Features

Fenced: 1

Dining Area

Eat-in Kitchen: 1 Breakfast Bar: 1 Dining in LR/GR: 1

Heating

Electric: 1 Other: 1 See Remarks: 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Kitchen Island: 1 Built-in Microwave: 1 Non-laminate Counter: 1 Refrigerator: 1 Walk-in Pantry: 1

Cooling

Ceiling Fan(s): 1 HVAC SEER Rating: 20 Mini Split: 1 Programmable Thmstat: 1 Central Air: 1 See Remarks: 1

Interior Features

Skylight(s): 1

Laundry

Washer Included: 1 Dryer Included: 1

Basement

Basement Y/N: N

Other Rooms

Great Room: 1 Bonus/Game Room: 1 Guest Qtrs-Sep Entrn: 1 Separate Workshop: 1

Separate Den/Office

Sep Den/Office Y/N: Y

Road Responsibility

County Maintained Road: 1

Technology

Cable TV Avail: 1 Ntwrk Wrng One Room: 1 High Speed Internet: 1

Fencing

Block: 1

Water Source

Pvt Water Company: 1

Exterior Features

Separate Guest House: 1 Playground: 1 Covered Patio(s): 1 Gazebo: 1 Storage: 1 Pvt Yrd(s)/Crtyrd(s): 1 Other: 1

Spa

Private: 1 Heated: 1

Sewer

Septic Tank: 1 Septic-In & Connected: 1

Parking Spaces

Slab Parking Spaces: 10 Total Covered Spaces: 0

Parking Features

RV Gate: 1 Gated: 1 RV Access/Parking: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1

Energy/Green Feature

Solar Panels: 1

Solar Panels

Ownership: Monthly Lease Assumption

Utilities

APS: 1

Existing 1st Loan

Conventional: 1

Property Description

North/South Exposure: 1

Landscaping

Synthetic Grass Frnt: 1 Synthetic Grass Back: 1 Yrd Wtring Sys Front: 1 Yrd Wtring Sys Back: 1 Auto Timer H2O Front: 1 Auto Timer H2O Back: 1

Items Updated

Floor Yr Updated: 2024 Floor Partial/Full: Full Wiring Yr Updated: 2024 Wiring Partial/Full: Partial Plmbg Yr Updated: 2024 Plmbg Partial/Full: Partial Ht/Cool Yr Updated: 2023 Ht/Cool Partial/Full: Partial Kitchen Yr Updated: 2023 Kitchen Partial/Full: Partial Bath(s) Yr Updated: 2024 Bath(s) Partial/Full: Full Rm Adtn Yr Updated: 2023 Rm Adtn Partial/Full: Full Pool Yr Updated: 2023 Pool Partial/Full: Full

Unit Style

All on One Level: 1

Contact Info

List Agent Home Phn: 623-203-7424

Disclosures

Seller Discl Avail: 1

Possession

By Agreement: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Remarks Misc

Cross Street: 91st Avenue & Deer Valley Rd. Directions: 91st Avenue, east on Deer Valley to home Geo Lat: 33.682234 Geo Lon: -112.249413

Property Features

Special Listing Cond: N/A Add'l Property Use: Res/Business Use Ok; Other Master Bathroom: 3/4 Bath Master Bdrm; Double Vanity Master Bedroom: Split Additional Bedroom: Other Bedroom Walk-in Closet Flooring: Tile Window Features: Dual Pane Private Pool Features: Fenced Spa: Private; Heated Dining Area: Eat-in Kitchen; Breakfast Bar; Dining in LR/GR Kitchen Features: Disposal; Dishwasher; Built-in Microwave; Refrigerator; Walk-in Pantry; Non-laminate Counter; Kitchen Island Laundry: Washer Included; Dryer Included Other Rooms: Great Room; Bonus/Game Room; Guest Qtrs-Sep Entrn; Separate Workshop Interior Features: Skylight(s) Technology: Cable TV Avail; High Speed Internet; Ntwrk Wrng One Room Exterior Features: Playground; Covered Patio(s); Gazebo; Pvt Yrd(s)/Crtyrd(s); Separate Guest House; Storage; Other Parking Features: Gated; RV Access/Parking; RV Gate Road Responsibility: County Maintained Road Construction: Wood Frame; Spray Foam Insulation Const - Finish: Painted; Stucco Roofing: Composition Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat; Mini Split; See Remarks Heating: Electric; Other; See Remarks Utilities: APS Water Source: Pvt Water Company Sewer: Septic Tank; Septic-In & Connected Fencing: Block Property Description: North/South Exposure Landscaping: Synthetic Grass Frnt; Synthetic Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back Showing Notification Methods: Text; Email; Phone Call Lockbox Type: See Private Remarks Possession: By Agreement Unit Style: All on One Level Association Fee Incl: No Fees Existing 1st Loan: Conventional New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail
Listing Office: Southwest Property Sales & Leasing
IDX
Last Updated: April - 02 - 2026
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