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.