480-442-0779

4036 N 40TH Place, Phoenix, AZ 85018 (MLS# 6800518)

4036 N 40TH Place, Phoenix, AZ 85018

$1,130,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,108 Lot Size (sq. ft.): 9,696 Status: Active
Current Price: $1,130,000 List Date: 1/09/2025 Last Modified: 2/01/2025

Description

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.

Supplements: 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.

More Information MLS# 6800518

Contract Information

Status Change Date: 2025-01-09 List Price: $1,130,000 Status: Active Current Price: $1,130,000 List Date: 2025-01-03 Type: ER Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No

Location Tax Legal

House Number: 4036 Compass: N Street Name: 40TH St Suffix: Place City/Town Code: Phoenix State/Province: AZ Zip Code: 85018 Zip4: 5206 Country: USA County Code: Maricopa Assessor Number: 127-17-003 Subdivision: GARY LYN Tax Year: 2024

General Property Description

Dwelling Type: Single Family - Detached Dwelling Styles: Detached Exterior Stories: 1 # of Interior Levels: 1 # Bedrooms: 4 # Bathrooms: 2 Approx SQFT: 2108 Price/SqFt: 536.05 Horses: N Builder Name: custom Year Built: 1953 Lead Based Hazard Disclosure: Yes Approx Lot SqFt: 9696 Approx Lot Acres: 0.223 Flood Zone: No Pool: Private Only Elementary School District: Scottsdale Unified District High School District: Scottsdale Unified District Elementary School: Tavan Elementary School Jr. High School: Ingleside Middle School High School: Arcadia High School

Remarks Misc

Cross Street: 40th St and Indian School Rd Directions: Turn onto 40th PL from Indian School. 2nd House on Right. Geo Lat: 33.494515 Geo Lon: -111.994213

Legal Info

Township: 2N Range: 4E Section: 30 Lot Number: 3

Basement

Basement Y/N: N

Items Updated

Plmbg Yr Updated: 2023 Plmbg Partial/Full: Partial Ht/Cool Yr Updated: 2021 Ht/Cool Partial/Full: Full Pool Yr Updated: 2020 Pool Partial/Full: Full

Parking Spaces

Garage Spaces: 1 Slab Parking Spaces: 4 Total Covered Spaces: 1

Showing Notification Methods

Showing Service: Aligned Showings

Contact Info

List Agent Cell Phn2: 2024360677

Property Features

Special Listing Cond: N/A; Owner/Agent Architecture: Ranch Master Bathroom: Full Bth Master Bdrm; Double Sinks Master Bedroom: Split Fireplace: No Fireplace Flooring: Stone; Tile; Wood Windows: Dual Pane Pool Features: Private; Heated Spa: None Dining Area: Dining in LR/GR Kitchen Features: Range/Oven Gas; Disposal; Dishwasher; Refrigerator; Pantry; Granite Countertops; Kitchen Island Laundry: Washer Included; Dryer Included Other Rooms: Great Room Features: Furnished(See Rmrks) Exterior Features: Covered Patio(s); Gazebo/Ramada; Patio Parking Features: Electric Door Opener; RV Gate Road Responsibility: City Maintained Road Construction: Block; Frame - Wood Const - Finish: Painted; Stucco; Brick Trim/Veneer Roofing: Comp Shingle Cooling: Refrigeration; Ceiling Fan(s) Heating: Natural Gas Plumbing: Gas Hot Wtr – Tnklss Utilities: SRP; SW Gas Water: City Water Sewer: Sewer - Public Services: City Services Fencing: Block; Wood Property Description: Cul-De-Sac Lot; Mountain View(s); East/West Exposure; Alley Landscaping: Grass Front; Synthetic Grass Back; Irrigation Front; Irrigation Back Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Conventional New Financing: Cash; VA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req; Other (See Remarks)
Listing Office: The Brokery
Last Updated: February - 01 - 2025
4036 N 40TH Place, Phoenix, AZ 85018- MLS# 6800518
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