$3,500,000
Tucson, AZ 85719
MLS# 22621699
16 beds | 16 baths | 11942 sqft

1 / 50
Property Description
An extraordinary opportunity to own one of Tucson's most distinctive historic income-producing compounds, generating approximately **$246,000 in annual rental income** with significant additional upside. Behind gated entrances from both Prospect Lane and Limberlost, this unique property features **9 separate residences**, a resort-style pool, mature landscaping, fruit orchards, gardens and approximately **½ acre of undeveloped land with the potential to add up to 12 additional units**. The property offers a diversified income stream through a mix of long-term rentals, short-term rentals and owner-occupied space, while providing exceptional flexibility for a future owner.
Details
Documents
Address Information
Street #: 1492
Direction: E
Street Name: Prospect
State/Province: AZ
Zip Code: 85719
County: Pima
Country: USA
Location, Tax & Legal
Tax Code: 10821021H
Area: Central
Subdivision: N/A
Contract Information
Current Price: $3,500,000
List Price: $3,500,000
Listing Date: 2026-09-05
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
General Property Information
Dwelling Type: Single Family Residence
Construction Status: Existing
Lot Dimensions: Irr
Lot Acres: 2.67
Lot Sqft: 112843
Lot Size Source: Assessor
Combined SqFt: 11942
Main House SqFt: 11942
Source of SqFt: Assessor
# of Garage Spaces: 2
# of Carport Spaces: 5
# of Covered Prkng: 7
Bedrooms: 16
Full Baths: 14
1/2 Baths: 2
Total Baths: 16
Basement: No
# of Fireplaces: 12
Year Built: 1956
School District: Amphitheater
Elementary School: Rio Vista
Middle School: Amphitheater
High School: Amphitheater
Horse Property: No
Horse Facilities: No
List Price/SqFt: 293.08
Lot Size Price/SqFt: 31.02
Showing Information
Directions: Enter from west side of 1453 E Limberlost, meet at gate.
Electric
Electric Company: TEP
Roof
Other: multiple types
Living Areas
Other: multiple units
Dining Areas
Other: multiple units
Kitchen Features
Other: multiple units
Primary Bathroom Features
Other: multiple units
Main Cooling
Other: multiple units
Additional Bathroom Features
Other: multiple units
Laundry
Other: multiple units
Main Heating
Other: multiple units
Extra Room
Other: multiple units
Water Heater
None: multiple units
Guest Facilities
Other: multiple units
Interior Features
Interior Steps Y/N: N
Fireplace Location
Other: multiple units
Floor Covering
Other: multiple units
Pool
Conventional: Yes
Exterior Features
Front Faces: North
Subdivision Restrict
Age Restrictions: No
CC&Rs: No
Deed Restrictions: Yes
Home Protection
Offered: No
Remarks Misc
Geo Lat: 32.284502
Geo Lon: -110.949877
GarageCarport Feat
Attached Garage: 1
Property Features
Stories: One
Construction: Burnt Adobe; Stucco Finish
Style: Southwestern; Territorial
Living Areas: Family Room; Living Room; Off Kitchen
Dining Areas: Breakfast Bar; Breakfast Nook; Dining Area; Formal Dining Room
Guest Facilities: House
Interior Features: Beamed Ceilings; Entrance Foyer; High Ceilings; Split Bedroom Plan; Storage; Walk-In Closet(s)
Fireplace: Wood Burning Stove
Floor Covering: Ceramic Tile; Mexican Tile; Stone
Window Covering: Some
Technology: High Speed Internet
Gas: Natural
Sewer: Connected; Septic
Water: Private Well; Public
Accessibility Option: None
Security: Security Gate
Pool: Heated
Spa: Conventional
Fence: Wrought Iron
Landscape - Front: Desert Plantings; Flower Beds; Natural Desert; Shrubs; Sprinkler/Drip; Trees
Landscape - Rear: Desert Plantings; Flower Beds; Natural Desert; Shrubs; Trees
View: Mountain(s)
Road Type: Paved
Driveway: Circular
RV Parking: Space Available
Exterior Features: Courtyard; Kennel/Dog Run; Native Plants; Play Equipment; Shed(s); Workshop
Lot Features: North/South Exposure
Neighborhood Feature: Walking Trail
Terms: Cash; Conventional
Submit With Offer: Domestic Well Addendum; Lead Based Paint Disclosure; On-site Wastewater
Property Disclosures: Lead-Based Paint; Seller Prop Disclosure
Special Conditions: None
Supplements
Continue the current income strategy, expand the existing residential footprint, create a multi-generational family compound, corporate or executive housing destination, boutique retreat, or explore other potential uses.
Unlike a typical multi-unit investment, this is an irreplaceable historic compound where each residence has its own character and identity. Extensive improvements have modernized the property while preserving its historic charm, including central A/C throughout, renovated bathrooms, restored fireplaces, updated roofs, plumbing, electrical, windows and appliances, plus upgraded gates, fencing, parking and the addition of a resort-style pool.
With approximately $250,000 in current annualized income, 9 residences, potential for 12 additional units, and a rare combination of historic character, privacy and flexibility**, this is far more than an income property--it is a one-of-a-kind compound with immediate cash flow and exceptional future potential.
Listing Office: Griggs's Group Powered by The Altman Brothers
Last Updated: September - 05 - 2026
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved.


Lead Paint Discl