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4036 N 40TH Place

Phoenix, AZ 85018
  • $1,130,000
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: 6800518
New On Site 6 Days Ago
UPDATED: 66 min ago
$1,130,000
  • 4
    BEDS
  • 0.22
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,108
    SQFT
  • $536
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1953
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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. 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.

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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2025-01-16T19:14:24.853.
www.yournextphoenixhome.com/homes/159298560
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4036 N 40TH Place Phoenix, AZ 85018

  • Price: $1,130,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 66 min ago
  • MLS #: 6800518
4
Beds
2
Baths
0
½ Baths
0.22
Acres
2,108
SQFT
$536
$/SQFT
1953
Built
Neighborhood:
Gary Lyn
County:
Maricopa
Area:
Phoenix
Elementary School:
Tavan Elementary School
Middle School:
Ingleside Middle School
High School:
Arcadia High School
Property 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. 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.
Exterior Features

Architectural Style Ranch Attached Garage YN No Carport Spaces 0 Construction Materials Brick VeneerPaintedStuccoBlockFrame - Wood Covered Spaces 1 Exterior Features Covered Patio(s)Gazebo/RamadaPatio Fencing BlockWood Horse Amenities [] Horse YN No Lot Features AlleyCul-De-SacGrass FrontSynthetic Grass BackIrrigation FrontIrrigation Back Open Parking Spaces 4 Other Structures [] Parking Features Electric Door OpenerRV Gate Pool Features HeatedPrivate Pool Private YN Yes Road Responsibility City Maintained Road Roof Composition Spa Features None View Mountain(s)

Interior Features

Basement [] Basement YN No Bedrooms Plus 5 Common Walls [] Cooling Ceiling Fan(s)Refrigeration Fireplace Features None Fireplace YN No Great Room Yes Heating Natural Gas Interior Features Furnished(See Rmrks)Kitchen IslandPantryDouble VanityFull Bth Master BdrmGranite Counters Master Bedroom Split Yes Pantry Yes Plumbing Gas Hot Water Tankless Yes Range Oven Gas Yes Separate Den Office YN Yes Window Features Dual Pane

Property Features

Accessibility Features [] Alley Yes Association Amenities None Association Fee Includes No Fees Association YN No Auction No Builder Name custom City Services Yes Community Features [] Current Financing Conventional Disclosures Agency Discl ReqOther (See Remarks)Seller Discl Avail Flood Zone No Flooring StoneTileWood Green Energy Efficient [] Green Water Conservation [] Land Lease YN No Listing Terms ConventionalVA Loan Ownership Fee Simple Ownership Fractional YN No PADFee YN2 No Possible Use [] Property Attached YN No Property Condition [] Property Sub Type Single Family - Detached Security Features [] Sewer Public Sewer Special Listing Conditions N/AOwner/Agent Special Listing Conditions None Yes Special Listing Conditions Owner Agent Yes Tax Annual Amount 2808 Tax Year 2024 Total Monthly Fee 0 Utilities [] Water Source City Water

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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2025-01-16T19:14:24.853.
 
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4862 E Baseline Rd
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