412 E Yearling Rd, Phoenix, AZ
4 bd · 4 ba · 3,030 sqft Single Family listed at $1,275,000, built in 2004 in the Deer Valley neighborhood.
About this home
Exceptional Income Opportunity - 1.29-Acre Estate with No HOA Unlock a rare investment opportunity in the exclusive Union Hills Foothills Estates. Situated on a sprawling 1.29-acre lot, this versatile property is a high-yield asset perfectly suited for a luxury short-term rental, a high-end long-term lease, or a seasonal retreat. Key Investment Highlights: Total Flexibility: With no HOA and no short-term rental restrictions, this property offers a wide variety of exit strategies and revenue streams. Turnkey & Fully Furnished: The home comes fully furnished and move-in ready, significantly reducing startup costs for investors looking to list on luxury rental platforms immediately. Built-in Efficiency: Owned solar panels drastically lower operating costs and enhance long-term cap rates through meaningful utility savings. Premium Features: 4 spacious bedrooms + bonus room / office, 4 bathrooms, an oversized 3-car garage, and ample space for RV or boat storage with no HOA restrictions --a major draw for premium utilization. The interior boasts an expansive primary suite with dual "his and hers" closets and a spa-inspired bathroom. Outside, the property is designed for privacy; none of the neighboring windows view the backyard, ensuring a secluded mountain-view oasis. The front courtyard features a private hot tub with panoramic views of the city lights. A standout feature of the home, the spacious covered patio offers stunning mountain views and a cool, shaded retreat from the sun. Ideal for everything from morning coffee to evening gatherings, it provides the perfect blend of comfort, scenery, and effortless outdoor living. Located at a scenic higher elevation with paved roads and rare buried power lines, this estate combines aesthetic luxury with practical convenience.
Property details
- Price
- $1,275,000
- Bedrooms
- 4
- Bathrooms
- 4
- Interior
- 3,030 sqft
- Price / sqft
- $421
- Year built
- 2004
- Lot size
- 1.29 acres
- Type
- Single Family
- Days on market
- 143
- Est. property tax
- $7,905/yr · $659/mo · 0.62% AZ avg
- Last sold
- $535,000 · May 2008
Estimated monthly payment
Can I afford this?
See what fits your income
Price history
▼ 1.5%Most recent change on 2026-04-23: $1,295,000 → $1,275,000.
- Apr 23, 2026$1,275,000Price change
- Dec 4, 2025$1,295,000Initial list price
- May 21, 2025$1,375,000Price change
- May 1, 2025$7,500Price change
- Apr 27, 2025$1,275,000Price change
- Apr 27, 2025$7,000Price change
- Apr 17, 2025$1,300,000Price change
- Apr 17, 2025$8,400Price change
- Feb 24, 2025$1,350,000Price change
- Jan 21, 2025$9,000Price change
- Dec 12, 2024$1,375,000Initial list price
- Aug 20, 2024$9,000Price change
- Apr 19, 2024$1,275,000Initial list price
- Apr 19, 2024$7,900Price change
- Dec 4, 2023$8,500Price change
- Aug 29, 2023$10,000Price change
- Sep 19, 2017$588,000Price change
- Aug 20, 2017$588,000Price change
- Aug 13, 2017$599,000Price change
- Jun 1, 2017$600,000Initial list price
- May 12, 2008$535,000Sold
- Nov 2, 2004$375,000Sold
Location
This home is located in Phoenix, AZ, in the Phoenix / Scottsdale area. Browse more Phoenix listings on the Phoenix market page or explore the full Phoenix market report.
Home Intelligence
Neighborhood (zip 85085)
Median age is 37.3; 30% hold a bachelor's degree; 60% of homes are owner-occupied; median household income is $112,928.
- Median income
- $112,928
- Median age
- 37.3
- Owner-occupied
- 60.1%
- Bachelor's degree
- 29.8%
- Census median home value
- $530,500
Source: US Census Bureau American Community Survey 5-year estimates.
Similar homes in Phoenix

$395,000
17606 N 17th Pl Unit 1026
2 bd · 2 ba · 1,344 sqft

$680,000
1037 E Acoma Dr
3 bd · 3 ba · 2,188 sqft

$375,000
1713 W Pollack St
4 bd · 3 ba · 2,298 sqft

$265,000
4202 N 72nd Ln
4 bd · 3 ba · 1,600 sqft

$1,364,770
24063 N 24th Way
4 bd · 5 ba · 3,862 sqft

$1,216,810
24046 N 24th Way
4 bd · 3 ba · 2,841 sqft

$1,209,410
24050 N 24th Way
4 bd · 3 ba · 2,841 sqft

$365,000
6224 W Berkeley Rd
3 bd · 2 ba · 1,289 sqft
Browse 8+ nearby homes on the map
See 8 more Phoenix homes on the map
Open map →