1492 E Prospect
Tucson, AZ
$3,500,000$293/sq ft
Listing courtesy of Griggs's Group Powered by The Altman Brothers
16
Bedrooms
15
Bathrooms
11,942
Sq Ft
2.67 Acres
Lot Size
- Built 1956
- Single story
- 2-car garage
- Heated pool
- Mountain views
- No HOA
About This Property
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.
Property Details
The Home
- Property Type
- Single Family Residence
- Year Built
- 1956
- Stories
- One
- Style
- Territorial, Southwestern
- Construction
- Burnt Adobe, Stucco Finish
- Flooring
- Other, Mexican Tile, Ceramic Tile, Stone
- Fireplaces
- 12
- Living Area
- 11,942 sq ft
- Lot Size
- 2.67 Acres
- Lot Dimensions
- Irr
- Faces
- North
Systems & Utilities
- Heating
- Other
- Water
- Public, Private, Well
- Sewer
- Septic
- Utilities
- Connected
Parking
- Garage Spaces
- 2
- Carport Spaces
- 5
- Covered Spaces
- 7
- Attached Garage
- Yes
- Parking Features
- Detached, Circular Driveway
Outdoor & Setting
- Pool
- Conventional, Heated
- Spa
- Conventional
- View
- Mountain(s)
- Lot Features
- Flower Beds, Shrubs, Sprinkler/Drip, Sprinklers In Front, North/South Exposure
Community & HOA
- HOA
- No HOA
- Community Features
- Walking Trail
Schools
- Elementary
- Rio Vista
- Middle
- Amphitheater
- High School
- Amphitheater
- District
- Amphitheater
Financial & Legal
- Annual Taxes
- $12,988 (2025)
- Financing Accepted
- Conventional, Cash
- Zoning
- Tucson - MH1
- Parcel Number
- 10821021H
Listing
- MLS #
- 22621699
- Status
- Active
- Days on Market
- 49
- Listed
- Sep 5, 2026
- Listing Brokerage
- Griggs's Group Powered by The Altman Brothers
- Listing Agent
- Pete M Torrez PLLC
- Last Updated
- Sep 5, 2026, 3:29 PM MST
Features & Amenities
Interior
Laundry
Exterior & Outdoor
Windows & Security
Location
Location is approximate and shown for orientation only. Open in Google Maps
How this compares in Sam Hughes
This home is listed at $293 per square foot. Homes in Sam Hughes sold for a median of $577,500 ($343/sq ft) across 84 closed sales reported to MLSSAZ, Oct 2025 – Sep 2026, taking a median of 45 days from listing to closing.
Mortgage Calculator
Arizona homeowners policies average roughly $2,200–$4,200 a year, depending on the home and coverage (ValuePenguin and NerdWallet, 2026).
- Principal & interest
- $17,698
- Property tax · current bill
- $1,082
- HOA · no HOA
- $0
- Home insurance · add your quote
- —
Does not include home insurance. Property tax is the current owner’s bill from the MLS; yours may differ. An estimate for illustration only, not a loan offer.
Listing data is provided by MLS of Southern Arizona (MLSSAZ) and refreshed throughout the day. Listing information last updated Oct 24, 2026, 12:56 AM MST.
Listing 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. Information is deemed reliable but is not guaranteed accurate by the MLS or MLS of Southern Arizona. Properties displayed may be listed or sold by various participants in the MLS.
- HOA
- No HOA
- Taxes
- $12,988/yr
- School district
- Amphitheater
- MLS #
- 22621699
Answered from the MLS record above.
About 1492 E Prospect
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