$575,000
- Beds
- 2
- Baths
- 1.0
- sq ft
- 1,008
1225 Highway Loop, Forest Lakes, AZ 85931
1225 Highway Loop
Forest Lakes, AZ 85931
- 26 days on market
- Open house Sep 21
Discover a unique opportunity in Forest Lakes Estates with this newly listed multi-family property at 1225 Highway Loop. Built in 2022, this award winning cabin offers a blend of eco-friendly living and potential rental income.
The 1008 square foot home features two bedrooms and one bathroom, showcasing an efficient use of space. The interior boasts modern amenities, including keyless entry, a smart thermostat, and a tankless water heater. The lower level comprises a kitchen, great room, two bedrooms, and a bathroom with an integrated laundry area. An additional sleeping loft or bonus living space is located upstairs, providing versatile living options. Exterior highlights include a durable Trex front deck, adding both aesthetic appeal and longevity to the property. Situated on over an acre of land in a cul-de-sac, this multi-family zoned lot presents numerous development possibilities. The county has already approved the construction of two additional tiny homes, offering potential for expansion or rental income.
Forest Lakes Estates, nestled atop the Mogollon Rim, provides a refreshing retreat just two hours from Phoenix, with temperatures 30-50 degrees cooler. The community is surrounded by towering Ponderosa Pines and features several trout-stocked lakes, perfect for fishing enthusiasts. Unlike many developments, Forest Lakes has no mandatory HOA, fostering a welcoming atmosphere with community events and a voluntary homeowners association.
Recreational opportunities abound in this vibrant area. Residents can explore the woods, kayak, fish, or navigate extensive UTV trails with breathtaking views. The community also boasts a library/church with a basketball court and a bustling community center that hosts markets, rummage sales, game nights, and special events like the 4th of July fair.
This can be a turnkey property, furniture is negotiable, allowing for immediate enjoyment. Additionally, materials for a 24x24 Versatube metal garage are available and negotiable with the sellers, providing further potential for customization.
Whether seeking a cool summer getaway or a charming winter wonderland, Forest Lakes offers the perfect retreat. Don't miss this chance to own a piece of tranquil paradise and create lasting memories in this unique, eco-friendly home.
Details
Property type
Single Family Residence
Lot size
1.24 acres
Price per sq ft
$571
Year built
2022
Annual property taxes
$1,274
Price History
08/24/2024
ArizonaRegional #6748097
Listed
$575,000
+240.24%
02/22/2021
ARMLS #6121893
Sold
$169,000
Schools & Community
Elementary school:
Out of Maricopa Cnty
Middle school:
Out of Maricopa Cnty
High school:
Out of Maricopa Cnty
Community features: Clubhouse
Community features:
Clubhouse
High school district:
Out of Area
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Status: Active
Tomo last checked: 09/19/2024 at 10:00 AM
Listing updated: 09/18/2024 at 11:59 AM
Listed by: Heather Justice, West USA Realty Phone #: (602) 942-4200
MLS: ArizonaRegional #6748097
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