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10-Bed Adult Care Home on E. Tanque Verde Road Sells for $1.4 Million

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  • 2nd Quarter Sales
  • 10-Bed Adult Care Home on E. Tanque Verde Road Sells for $1.4 Million
2nd Quarter Sales
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May 21, 2025
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Karen Schutte
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TUCSON, AZ (May 21, 2025)—A well-equipped adult care facility located at 11109 E Tanque Verde Road in northeast Tucson has sold for $1,400,000 ($337 PSF/ $140,000 per bed). Glen and Jamie Olson, local Tucson residents, purchased the property in a transaction that reflects continued interest in specialized residential care properties and unique estate opportunities.

The 10-bedroom, 7-bathroom residence spans 4,195 square feet on 0.83 acres and was previously operated as the Searles Adult Care Home. Purpose-built for assisted living, the home includes private and semi-private bedrooms, two laundry rooms, and a split floor plan to enhance privacy and comfort for residents.

Key features include a gourmet kitchen with granite countertops and stainless steel appliances, a detached guest house with 3 bedrooms and 3 bathrooms, and a separate studio with a full bath—ideal for additional care staff, extended family, or flexible use.

The property offers a peaceful outdoor environment with a koi pond, waterfall, covered patios, and a ramada set against views of the Catalina Mountains. Security and tech upgrades include an alarm system, surveillance cameras, and high-speed internet.

This sale highlights the ongoing value of adaptable residential facilities in Tucson’s healthcare and housing markets. The layout is well-suited for continued use as a care home or conversion into a large private estate.

Nina Marvcesim with Realty Executives Arizona Territory handled the transaction for the buyer and seller, M6M, LLC, Marilou Errazo of Tucson.

For more details on this transaction or similar properties in the area, Marvcesim should be reached at 520.585.0885.

Reference: RED Comp #11906.

 

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