1492 E Prospect, Tucson, AZ 85719

Tucson
Local realty services provided by:ERA Four Feathers Realty, L.C.
1492 E Prospect,Tucson, AZ 85719
$3,500,000
  • 16 Beds
  • 16 Baths
  • 11,942 sq. ft.
  • Single family
  • Active
Listed by: pete m torrez pllc
Office: griggs's group powered by the altman brothers
MLS#:22621699
Source:TU

Price summary

  • Price:$3,500,000
  • Price per sq. ft.:$293.08

About this home

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. 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...

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Home facts

  • Year built:1956
  • Subdivision & Development:N/A
  • Listing ID #:22621699
  • Added:45 day(s) ago
  • Updated:October 21, 2026 at 03:14 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:16
  • Full bathrooms:14
  • Half bathrooms:2
  • Flooring:Ceramic Tile, Mexican Tile, Stone
  • Living area:11,942 sq. ft.

Structure and exterior

  • Year built:1956
  • Building area:11,942 sq. ft.
  • Lot area:2.67 Acres
  • Architectural Style:Southwestern, Territorial
  • Construction Materials:Burnt Adobe, Stucco Finish
  • Exterior Features:Courtyard, Native Plants, Play Equipment

Utilities

  • Water:Private, Public, Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$3,500,000
  • Price per sq. ft.:$293.08
  • Tax amount:$12,988 (2025)

Features and amenities

  • Amenities:Entrance Foyer, int_fea_Beamed Ceilings, int_fea_High Ceilings, int_fea_Walk-In Closet(s), secu_Security Gate

Parking

  • Garage spaces:2
MLS LogoThe 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 ERA Four Feathers Realty, L.C. 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. TU Member Broker: Karen Trevino

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