This beautifully appointed 4-bedroom, 2-bath home offers the ideal blend of resort-style living and proven investment performance. Originally designed as a 3-bedroom layout, the former one-car garage has been professionally converted into a spacious fourth bedroom, maximizing both functionality and rental potential. The backyard is a true private retreat, featuring a heated pool and spa, tranquil waterfalls, outdoor shower, and multiple lounging and entertaining areas designed for guest enjoyment and seamless indoor-outdoor living. Perfectly situated in a highly sought-after central location, the home provides effortless access to the canal for walking and biking and is just minutes from ASU, Old Town Scottsdale, Spring Training stadiums, Downtown Tempe, Scottsdale Fashion Square, the Phoenix Zoo, and the Desert Botanical Garden -- placing it in the heart of one of the Valley's most desirable vacation corridors. With no HOA restrictions, this property presents a rare opportunity as a primary residence, second home, or as a fully furnished income-producing asset. Currently operating as a highly lucrative short-term rental with consistent 5-star reviews, it offers strong appeal to seasonal visitors, event travelers, and year-round tourists seeking an authentic Scottsdale experience.