6190 Rio Lindo Shores Dr - Mega Dock House - AirBNB 4,754 SF Specialty Building Offered at $2,995,000 at a 7.73% Cap Rate in Parker, AZ 85344

DREAMS DO COME TRUE!! Imagine this: a piece of your Real Estate Portfolio that truly changes your life. A property that puts a SMILE on your face!! An asset you love going to visit and showing your friends and family. This is no ordinary property!!! This is a LEGACY ASSET (a property you will never want to sell - but excited to pass down to your heirs). This is a Game Changer! Why is the Seller letting it go? They bought it from the Trustees of the Original Owner/Developer who held & occupied it for 30+ yrs (Legacy ended). The current owner/broker already owns a similar asset less than one mile away and doesn't need two legacy assets so close together. Don't miss this extremely rare opportunity to own an income producing asset with approximately 100' of Colorado River Frontage (average home has 50' frontage). Comparable Sales or On Market - Nope! There's nothing "On Market" or "Recently Sold" that comes close to this offering. The developer that built this for himself also built the entire Rio Lindo Subdivision. Hence, this lot was carefully carved out and designed specifically with intent for the owner/builder to have as a forever-asset. Another amazing attribute, EVERY bedroom faces the Colorado River (all 5 of them)! Tremendous effort was put forth to maximize frontage, views, decks, garages, docks, for Owner/Builder/Investor maximum benefit.
Why is this on Loopnet? B/c it "should" qualify for a 1031 Tax Deferred Exchange Asset as its currently set up as Income Producing Investment (check with your CPA). In today's environment, why own a bunch of hectic apartments units, office, or retail when you can purchase a Legacy Asset that will make you super excited to visit, own, and make you money too. (Professional AirBNB management available via the current provider). Truly, you have to see this asset to believe it. Experience it to appreciate it. Own it to understand it. Current owner is the Broker and lives a little over 51% in the area and would be happy to explain more. Miscellaneous links are included below to better explain Parker AZ. The year-round activities in Parker AZ include The Parker 400, The Tube Float, The Outlaws, Jet Boat Racing, Water Ski Racing, Jet Ski Competitions, Wake Surfing, Pontoon Boating, Sand Bar Activities, UTV events, Float Plane events, Fishing events, Firework events, this list goes on and on. Every holiday brings families together to the enjoy the Colorado River and this house is Prime Real Estate for Vacation Rentals and in the center of it all.
Standard Description: Own one of the Largest Homes on the Colorado River (fee simple land) in Arizona with one of the largest private docks, (approx 1800+ Sq ft) accommodating 4 boats and 2 jet ski ports. A home with outside entertaining deck areas also consisting of approximately 1800 sqft. (buyer to verify all measurements). The home has 5 Bedrooms and 5 Baths which ALL face the Colorado River and massive sunset views. Daily Rentals currently range from $600 to over $1200 a night and the home gets booked for most weekends far in advance. Regardless of the season (see pics of March 2026 Rentals - Off Season (pic taken January 15,2026), and June 2026 (pic taken 6 months out) "on season") to understand the tremendous demand for this home. Owner believes the upside (based on current volume of rental activity, and amazing reviews of 4.85/5.00 (AirBNB), there is potential massive rental upside. This is a very special asset and a once is a lifetime opportunity! Extensive remodel done 2024/2025. All Furnishings included. HOA fees are incredibly low at $345 a YEAR. That's NOT a mistake $28.75 a month - HOA fees included access to an oversized Boat Ramp situated approximately 500 feet from the house! HOA allows AirBNB's, fees also include common area fees and trash utility. In addition to low HOA fees, AZ property taxes are also very reasonable (estimated $13K p/yr) and insurance is readily available - even for a waterfront AirBNB asset. Good luck finding these variables anywhere else the USA.
Area: Parker AZ is on the Colorado River! a 40-minute drive to Lake Havasu and a 2.5 hour drive to Las Vegas and Phoenix (major airports). Those with access to a private aircraft - you are in luck! P20: Avi Sequila Airport has a 6,000 ft runway at 458' MSL and it's located a few miles away from the airport. P20 airport is fully staffed and can accommodate all GA Traffic requiring Jet A and 100LL fueling options.
Still undecided? Parker AZ has several floating bars, Casinos, Walmart, extensive UTV trails, 306 sunny days a year, easy winters to shelter you from the cold weather - afternoon temps customarily in the 70's all winter long.
Additional benefits of this home, you can park an RV or super-fast boat in the gigantic RV garage or use the potential 8 car parking onsite to host all your guests.
Check it out. This asset is undoubtably a life game changer! If you love the outdoors, fast boats, sand toys, amazing sunsets, BBQ'ing with friends and family, small town appeal, upside potential income producing asset, and excited to own a Legacy Property, look at the pics and make you dreams a reality.
With all these positives, there has to be a negative. The location of this home is not for everyone. As you can see from the AirBNB reviews (link attached below), Guests love it! If you are a social butterfly and like to be in the center of the action on a hot summer weekend, this place is beyond perfect. If you are coming to the River for peace and quiet, you better come Sunday-Thursday or off season. This asset is located next to Fox's Floating Bar and a 4-minute walk to Sundance Saloon. Imagine a VIP Mansion next to a lively bar. Not for everyone... With dual pane windows, the noise is not overbearing (see 20+ guest reviews). For an exciting and fun getaway, this place is the Best of the Best. Come Sunday-Thursday or off season, it offers peace & quiet. Essentially, you are getting 2 houses in 1 and the AirBNB income benefits from the location - thus, making the actual Negative of this asset's a Positive attribute.