1116 S HOLBROOK Lane HUGE PRICE IMPROVEMENT!! PRIVATE DETACHED CLIMATE-CONTROLLED STUDIO + FULLY UPDATED, MOVE-IN READY HOME + NO HOA! This one-of-a-kind Tempe property offers the perfect combination of modern updates, exceptional versatility, and investment potential. Ideally located just minutes from ASU, Tempe Marketplace, Tempe Town Lake, Sky Harbor Airport, and the 101, 60, and I-10 freeways. Inside, you'll find a beautifully updated kitchen featuring white cabinetry, subway tile backsplash, 5-burner gas cooktop, and stainless appliances including a new LG refrigerator. Additional improvements include an updated bathroom with a tiled walk-in shower, energy-efficient dual-pane windows, wood-look tile and luxury vinyl plank flooring throughout, new interior window coverings & ceiling fans in every room, updated lighting, two decorative premium steel screen doors, a new side-yard storage shed, new corrugated steel side-yard fencing, a new breezeway gate creating a secure backyard, and a new perimeter fence--making this home truly move-in ready. The true standout feature is the private detached climate-controlled studio (approximately 140 square feet and not included in the home's livable square footage) complete with its own private entrance, mini-split system, new drywall, insulation, fresh interior paint, new canned lights and baseboards, this flexible space is ideal as a home office, fitness room, art or music studio, private guest retreat, or roommate space. It also offers the potential to function as a 3rd bedroom for many buyers. Combined with desirable R-4 zoning, this unique property may also offer future ADU conversion potential (buyer to verify). Whether you're looking for the perfect home for your ASU student and roommates, your first home, a lock-and-leave residence, or a smart investment opportunity, this Tempe gem delivers the flexibility, lifestyle, and long-term value that today's buyers are searching for. Don't miss your opportunity to own this adorable "doll house" home in Tempe!