Turnkey Scottsdale Arizona Vacation Rental with Proven Income | Old Town Scottsdale

If you’re searching for a turnkey Scottsdale Arizona vacation rental with documented income and immediate usability, this fully furnished home in Old Town Scottsdale stands out as one of the market’s top-performing short-term rental opportunities. Already operating as a high-revenue STR, this designer-upgraded property combines location, lifestyle appeal, and proven cash flow—making it ideal for investors, second-home buyers, or anyone seeking a true plug-and-play vacation rental.

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Why Scottsdale Continues to Lead the Short-Term Rental Market

Scottsdale remains one of the most sought-after vacation rental destinations in the country. With over 300 days of sunshine each year, championship golf courses, luxury shopping, desert hiking, Spring Training baseball, and a nationally recognized dining and nightlife scene, demand for short-term rentals remains consistent across market cycles.

Old Town Scottsdale, in particular, continues to outperform surrounding areas. Its walkability, proximity to major events, art galleries, restaurants, and entertainment make it one of the most profitable neighborhoods for short-term rental investment in Scottsdale and a top choice for guests booking group stays and extended weekends.

According to recent market data, the average annual revenue for vacation rentals in Old Town Scottsdale is approximately $65,700 with a 58% occupancy rate. This property has consistently exceeded those benchmarks, positioning it well above the neighborhood average.

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The Property: A True Turnkey Short-Term Rental

This 4-bedroom, 2-bathroom residence is more than just a vacation home—it’s a curated Scottsdale experience. Fully furnished and thoughtfully designed, it is already operating as a successful income-producing vacation rental, allowing a new owner to step in without setup, furnishing, or downtime.

Interior Highlights

• Open-concept layout filled with natural light

• Chef-inspired kitchen featuring an 8-foot island, KitchenAid appliances, and custom cabinetry

• Built-in cocktail bar ideal for entertaining

• Restoration Hardware lighting and smooth cashmere-finished interior walls

• Sold fully furnished for immediate personal use or rental income

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Outdoor Living Designed for Guest Demand

• Heated PebbleTec pool for year-round use

• Built-in BBQ and wood-burning fireplace

• Low-maintenance turf and mature landscaping

• Private, resort-style setting ideal for group bookings

In Scottsdale’s STR market, outdoor amenities consistently drive higher nightly rates and stronger occupancy—particularly during peak travel seasons and event-driven weekends.

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Flexibility That Creates Additional Upside

• Oversized 2-car garage with epoxy flooring and EV charger

• Garage offers potential conversion into a golf simulator, bonus suite, or media room

• Well-suited for group bookings, mid-term stays, or event-based demand

Homes that offer flexible layouts and experiential upgrades consistently outperform static floor plans in the Old Town Scottsdale vacation rental market.

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Proven Income Performance Well Above Market Average

What truly separates this Scottsdale vacation rental from others is its documented performance, not projections.

• 2023 revenue: $93,000

• 2024 revenue: $85,000 (with approximately 75% annual availability)

Even with partial-year availability, the property significantly outperformed local averages. Full-year operation, pricing optimization, or expanded distribution through platforms such as Vrbo, Booking.com, or direct bookings present additional upside.

Detailed booking history, revenue summaries, and expense data are available for review during due diligence.

Real-World Operating Insight

Properties in Old Town Scottsdale tend to see their strongest demand during Spring Training, major golf events, festival weekends, and peak winter travel months. Homes with resort-style outdoor spaces and flexible layouts consistently outperform smaller or less-updated properties—particularly for group bookings and extended stays.

As with any short-term rental, performance depends on active management, pricing strategy, and guest experience—factors that this property’s layout, amenities, and location are well positioned to support.

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Bonus Depreciation and Tax Advantages Specific to This Property

In addition to its strong income performance, this Old Town Scottsdale short-term rental offers a compelling opportunity for buyers who understand how bonus depreciation can apply to a properly structured STR.

Because this home is already operating as a high-performing short-term rental, with average stays well under seven days, it may qualify for accelerated depreciation treatment when combined with material participation by the owner. This is an important distinction, as qualifying short-term rentals are treated differently than traditional long-term rentals for tax purposes.

Through a cost segregation study, components of the property—such as appliances, cabinetry, flooring, lighting, plumbing, electrical systems, and outdoor improvements—can often be depreciated on an accelerated schedule rather than over the standard 27.5 years. For a turnkey, fully furnished property like this one, the amount of depreciable personal property and improvements can be meaningful.

100% Bonus Depreciation Is Back

Beginning in 2025, 100% bonus depreciation has returned, allowing qualifying owners to fully expense eligible depreciation in the year the property is placed into service. For buyers acquiring an income-producing short-term rental like this, that can translate into a substantial first-year deduction that materially improves after-tax returns.

With documented income, immediate operational status, and year-round demand drivers, this property allows buyers to align cash flow, lifestyle flexibility, and tax strategy in a single acquisition.

Tax outcomes vary based on individual circumstances, and buyers should consult with a qualified CPA. That said, this property checks many of the boxes typically required for buyers looking to incorporate bonus depreciation into a broader real estate and tax planning strategy.

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Short-Term Rental Compliance & Scottsdale Regulations

This home is fully compliant with Scottsdale’s short-term rental requirements, including TPT licensing and city registration. Scottsdale continues to maintain one of the most STR-friendly regulatory environments in Arizona for responsible operators.

All compliance documentation and registration details are available for review.

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Ideal for Investors, Snowbirds, and Lifestyle Buyers

This property offers rare versatility and appeals to multiple buyer profiles:

• A premium short-term rental with strong nightly rates

• A seasonal second home that generates income when not in use

• A primary residence with part-time rental flexibility

Few properties successfully balance lifestyle enjoyment and investment performance—this one does.

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Minutes from Everything Scottsdale Is Known For

• Golf courses including TPC Scottsdale and Talking Stick

• Luxury shopping at Scottsdale Fashion Square

• Dining, art, and nightlife in Old Town

• Quick access to Sky Harbor International Airport

Location remains one of the most reliable predictors of STR success, and this home sits at the center of Scottsdale’s most desirable corridor.

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Move-In Ready, Fully Furnished, and Income-Producing

From the professionally designed interiors to the fully furnished outdoor living spaces, this property is truly turnkey. There is no renovation timeline, no furnishing phase, and no operational ramp-up—allowing a new owner to immediately enjoy or operate the home as a vacation rental.

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Frequently Asked Questions

Is this property already operating as a short-term rental?
Yes. The home is currently operating as a high-performing short-term rental with documented income history.

Can the property be used personally and rented part-time?
Yes. Many owners use similar properties seasonally while renting during peak demand periods.

Is Scottsdale still a strong market for short-term rentals?
Scottsdale remains one of the strongest STR markets in the Southwest due to year-round tourism, major events, and sustained lifestyle demand.

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Final Thoughts

If you’re searching for a turnkey Scottsdale Arizona vacation rental that combines proven income, regulatory compliance, high-end design, and a premier Old Town location, this property checks every box. It offers both immediate cash flow and long-term lifestyle value in one of Arizona’s most reliable short-term rental markets.

To request income projections, review booking history, or schedule a private showing, contact Eric Ravenscroft today.

Eric Ravenscroft specializes in short-term rental and investment properties throughout Arizona, helping buyers analyze income performance, STR compliance, and long-term ownership strategy—not just the purchase.