$3,500,000
1492 E Prospect
Tucson, AZ 85719
MLS# 22621699
16 beds  |  16 baths  |  11942 sqft


1_Compound Map
  1 / 50  
1_Compound Map 2_Aerial North 3_Aerial South 4_Aerial_Area 5_Main House_Red 6_Main House_Red 7_Main House_Red 8_Main House_Red 9_Main House_Red 10_Main House_Red 11_Main House_Red 12_Main House_Red 13_Main House_Red 14_Main House_Red 15_Main House_Red 16_Main House_Red 17_Main House_Red 18_Main House_Red 19_Main House_Red 20_NW Pool House_Yellow 21_NW Pool House_Yellow 22_NW Pool House_Yellow 23__NW Pool House_Yellow 24_NW Pool House_Yellow 25_NW Pool House_Yellow 26__NW Pool House_Yellow 27_NW Pool House_Yellow 30_Ranch House_Green 31_Ranch House_Green 32_Ranch House_Green 33_Ranch House_Green 34_Ranch House_Green 35_Ranch House_Green 36_Ampros_Purple_ 37_Ampros_Purple 38_Leilas_Purple_ 39_Leilas_Purple_ 40_Leilas_Purple_ 41_Orange Pool_ 42_Orange Pool 43_Orange Pool 44_Limberlostl 45_Limberlostl 46_Limberlostl 71_Pool 73_Pool & Water Slide 72_Spa_Pool 74_North Yard 75_Prospect_Gate 75_Limberlost Gate

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
Maps
Documents
Address Information
Country: USA
Street #: 1492
Direction: E
Street Name: Prospect
State/Province: AZ
Zip Code: 85719
County: Pima
Location, Tax & Legal
Comparable Only Listing: No
Tax Year: 2025
Taxes: 12988
Taxes For: Dwelling & Land
Legal Description: See Attached Document
Township: 13
Community: None
Range: 14
Section: 19
Municipality/Zoning: Tucson - MH1
Fire Protection: Included in Taxes
Fema Flood Zone: TBD
Municipal Flood Zone: TBD
Tax Code: 10821021H
Area: Central
Subdivision: N/A
Contract Information
Method of Title: Fee (Simple)
Distressed Info: None
Current Price: $3,500,000
List Price: $3,500,000
Listing Date: 2026-09-05
Status: Active
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
Horse Property: No
Main House SqFt: 11942
Source of SqFt: Assessor
# of Covered Prkng: 7
# of Carport Spaces: 5
Basement: No
# of Fireplaces: 12
School District: Amphitheater
Elementary School: Rio Vista
Middle School: Amphitheater
High School: Amphitheater
Horse Facilities: No
List Price/SqFt: 293.08
Lot Size Price/SqFt: 31.02
Combined SqFt: 11942
# of Garage Spaces: 2
Bedrooms: 16
Full Baths: 14
1/2 Baths: 2
Total Baths: 16
Year Built: 1956
Showing Information
Directions: Enter from west side of 1453 E Limberlost, meet at gate.
Electric
Electric Company: TEP
Gas
Natural: 1
Stories
One: 1
Construction
Burnt Adobe: 1
Stucco Finish: 1
Style
Southwestern: 1
Territorial: 1
Sewer
Connected: 1
Septic: 1
Roof
Other: multiple types
Water
Private Well: 1
Public: 1
Living Areas
Family Room: 1
Living Room: 1
Off Kitchen: 1
Other: multiple units
Dining Areas
Breakfast Bar: 1
Breakfast Nook: 1
Dining Area: 1
Formal Dining Room: 1
Other: multiple units
Fence
Wrought Iron: 1
View
Mountain(s): 1
Road Type
Paved: 1
Kitchen Features
Other: multiple units
Road Maintenance
City: 1
Primary Bathroom Features
Other: multiple units
Lot Features
North/South Exposure: 1
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
House: 1
Other: multiple units
Association & Fees
HOA: No
Interior Features
Storage: 1
Beamed Ceilings: 1
Entrance Foyer: 1
High Ceilings: 1
Interior Steps Y/N: N
Split Bedroom Plan: 1
Walk-In Closet(s): 1
Fireplace
Wood Burning Stove: 1
Fireplace Location
Other: multiple units
Terms
Cash: 1
Conventional: 1
Floor Covering
Ceramic Tile: 1
Mexican Tile: 1
Stone: 1
Other: multiple units
Submit With Offer
Domestic Well Addendum: 1
Lead Based Paint Disclosure: 1
On-site Wastewater: 1
Window Covering
Some: 1
Accessibility Option
None: 1
Technology
High Speed Internet: 1
Special Conditions
None: 1
Security
Security Gate: 1
Landscape - Front
Desert Plantings: 1
Flower Beds: 1
Natural Desert: 1
Shrubs: 1
Sprinkler/Drip: 1
Trees: 1
Landscape - Rear
Desert Plantings: 1
Flower Beds: 1
Natural Desert: 1
Shrubs: 1
Trees: 1
Garage/Carport Feat
Detached: 1
Patio/Deck
Covered: 1
Pool
Conventional: Yes
Heated: 1
Property Disclosures
Lead-Based Paint: 1
Seller Prop Disclosure: 1
Spa
Conventional: 1
Driveway
Circular: 1
RV Parking
Space Available: 1
Exterior Features
Courtyard: 1
Front Faces: North
Kennel/Dog Run: 1
Native Plants: 1
Play Equipment: 1
Shed(s): 1
Workshop: 1
Neighborhood Feature
Walking Trail: 1
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.

IDX
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.


Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text. captcha txt