1470 E Ivy LaneFlagstaff, AZ 86001

Welcome to the Rio Townhomes, a flexible mountain property perfectly positioned just minutes from NAU, Aspen Place at the Sawmill, and the heart of Downtown Flagstaff. Whether you are looking for a spacious primary residence with room to grow or a savvy addition to your investment portfolio, this layout offers unique versatility that is hard to find in Northern Arizona. The main home features a bright, functional layout with 3 bedrooms and 2.5 bathrooms. All 3 bedrooms are upstairs, keeping your living and sleeping spaces comfortably separate. Situated privately above the detached 2-car garage is a fully-equipped guest studio. It's the perfect setup for a quiet home office, a long-term rental asset, or private quarters for visiting family. You are also just steps away from the Flagstaff Urban Trail System (FUTS), making it effortless to run, hike, or commute across town. You get the peace of a pine-lined neighborhood combined with proximity to Flagstaff's best dining, shopping, and campus life. Four-bedroom properties in this specific corridor are highly sought after and rarely stay vacant. Because of the distinct separation between the main house and the studio, this property offers incredible stability and flexibility for student housing, multi-generational families, or homeowners wanting to offset their mortgage.