Active

4036 N 40TH Place

Phoenix AZ, 85018

$1,130,000


$536.05 per sqft

Active

4 Beds

2 Baths

2,108 sqft

Residential

Built in 1953

Welcome to one of the most stunning and versatile homes in the highly desirable Arcadia Lite neighborhood.

Offered fully furnished and move-in ready, this 2108 SqFt home is perfect for investors looking to continue its Airbnb success or buyers seeking a luxurious primary or secondary residence.

Situated in a prime location, the home is steps away from Phoenix's best coffee shops, brunch spots, and bars, with Camelback Mountain hiking trails nearby and Old Town Scottsdale less than five miles away. Located steps from local favorites such as La Grande Orange, Postino, and The VIG, and minutes from Sky Harbor Airport, Biltmore Fashion Park, and Downtown Phoenix, this home is perfectly positioned to offer the best of Arcadia Lite living. Originally remodeled in 2014 by a renowned Phoenix architectural firm, the home was taken down to the studs and reimagined with exceptional attention to detail. In the last three years, several more updates have been done including the addition of a 300 sq. ft. aluminum patio cover, a new 5-ton A/C unit, a tankless water heater, a saltwater pool conversion system, and an upgraded water main with a pressure regulator. GE French-door refrigerator and Samsung front-loading washer and dryer will convey.

The open-concept kitchen and great room feature a custom brick wall dining area and an abundance of natural light. The master suite includes a barn wood accent wall, a spa-like ensuite bathroom, an oversized walk-in closet and access to the backyard.

The outdoor space is a private oasis with a 9,700 sq. ft. irrigated lot, low-maintenance landscaping including bright pink bougainvillea, artificial turf, and grey paver patio. Perfect for entertaining, the backyard features a custom, wood cabana-bar with electricity and a saltwater pool (built in 2020).

With a proven track record as a successful Airbnb, this property has hosted more than 500 guests and comes with a loyal Instagram following of over 2,200 followers, which can be transferred upon sale. Whether you're seeking a turnkey investment or a personal retreat, this property offers endless possibilities.

6800518

MLS ID

January 9, 2025

Listed

January 19, 2025

Updated

Map

4036 N 40TH Place
Phoenix AZ, 85018

Interior Features

Total Stories

1


Bedrooms

4


Total Bathrooms

2


Interior Features

Furnished(See Rmrks), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Granite Counters


Floor Description

Stone, Tile, Wood


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Ceiling Fan(s), Refrigeration


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.22 Acres


Exterior Features

Covered Patio(s), Gazebo/Ramada, Patio


Lot Features

Alley, Cul-De-Sac, Grass Front, Synthetic Grass Back, Irrigation Front, Irrigation Back


Architectual Style

Ranch


Roof

Composition


Sewer

Public Sewer

School Information

School District

Scottsdale Unified District


High School

Arcadia High School


Elementary School

Tavan Elementary School

Other Property Details

Taxes

$2,808


Tax Frequency

Annually


Days on Market

12


Association Amenities

None


Garage

Yes


Garage Spaces

1


Parking

Electric Door Opener, RV Gate


View

Yes


View Description

Mountain(s)


County

Maricopa


Water Source

City Water


Pool

Yes


Pool Features

Heated, Private

Courtesy of The Brokery

Listing Contact: 602-469-1268 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jeff Kwartler shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 10:07 AM UTC, 1/19/2025.

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