Prime Goodyear, AZ Real Estate: Palm Valley 5-Bedroom Home with Investment and Short-Term Rental Potential

If you're looking for a home that offers both comfort and the potential to generate extra income, this week's featured property could be exactly what you need. Located in the highly sought-after Palm Valley community in Goodyear, AZ, this 5-bedroom, 4-bath home spans 3,400 square feet and offers a unique blend of convenience, space, and flexibility—whether you’re searching for a primary residence or an investment property.

Prime Location in the Heart of Goodyear

This property sits in a prime location, just minutes away from the new GSQ district, putting you within easy reach of major sporting events, entertainment options, and golf courses. The Palm Valley area is one of the most desirable communities in Goodyear, offering excellent proximity to the best that the West Valley has to offer. Whether you're an avid golfer, a sports fan, or someone who enjoys being close to dining and shopping, this home places you in the heart of it all.

Spacious Living and Endless Possibilities

Sitting on a generous 8,400 square foot lot, this home is a blank canvas for customization. The spacious layout features an extended covered patio and plenty of room on the side of the house to create the perfect outdoor entertainment area. Whether you dream of adding a fire pit, outdoor kitchen, or a lush garden oasis, the possibilities are endless.

One standout feature is the detached casita, a versatile space that offers multiple possibilities for homeowners and investors alike. If you work from home, the casita can serve as a private home office. Alternatively, you could rent it out for extra income while enjoying complete privacy in the main house. For those interested in short-term rentals, the casita adds tremendous value, offering a self-contained living space for guests, increasing your property’s earning potential.

Versatile Extra Rooms to Fit Your Lifestyle

In addition to the five bedrooms, this property offers two bonus rooms that provide even more flexibility. Whether you envision a game room, home gym, craft space, or additional living areas, these extra rooms allow you to tailor the home to fit your specific needs. For those thinking about using this property as a vacation rental, customizing these spaces to appeal to your target audience could make your property even more attractive and help you stand out in the competitive short-term rental market.

Customization Potential with Cosmetic Updates

While this home may require some cosmetic updates such as fresh paint and new flooring, the potential is undeniable. The open layout includes a loft, bonus room, and a separate den or office that could easily be converted into a sixth bedroom, allowing for even more sleeping capacity. With room for up to six sleeping areas and a variety of living spaces, this home has the potential to generate significant rental income.

In fact, with the right updates and marketing strategy, this property has the potential to earn over $120,000 annually in rental income, especially when factoring in the additional income from the detached casita.

Outdoor Living at Its Best

Arizona is known for its beautiful weather, and this home is designed to help you enjoy it to the fullest. The backyard includes a swimming pool and low-maintenance artificial turf, making it an ideal space for entertaining or relaxing. One unique feature is the walking path located directly west of the home, which adds a layer of privacy by eliminating direct neighbors on that side of the property.

A Great Opportunity for Investors

For investors, this property represents a rare opportunity to purchase a large, versatile home in a high-demand area. The size, layout, and location make it an excellent candidate for short-term rentals, and with some key cosmetic updates, it could quickly become a top earner in the vacation rental market. Palm Valley’s proximity to the GSQ district and major attractions only enhances its appeal to both renters and buyers, ensuring strong demand year-round.

Listed at an Incredible Value

This property is listed at $695,000 by West USA Realty, offering fantastic value for both homeowners and investors. Given the home’s size, layout, and location, it presents a unique opportunity to secure a high-potential property at a competitive price.

Ready to Make Your Move?

If you're interested in this property and would like a complete rental analysis, income projections, or guidance on how to structure the perfect offer, don't hesitate to reach out. With the right approach, this Palm Valley home could be your next great investment—or the dream home you’ve been searching for.