$1,130,000
4 Beds
2 Baths
2,108 SqFt
0.22 Acre Lot
9,696 Sqft Lot
Status Active
Property Type Single Family Residence
Price Type
Year Built 1953
Neighborhood Gary Lyn
Days on Website 34

Property Map

$1,130,000 – 4036 N 40th Place, Phoenix, AZ 85018

Street View

Courtesy of The Brokery {attribution_contact}

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.

Property Details and Features

Bathrooms

  • 2 total decimal bathrooms
  • 2 total bathrooms

Bedrooms

  • 4 total bedrooms

Building

  • Built in 1953
  • Architectural style: “Ranch”
  • Living area: 2108
  • Construction materials: “Brick Veneer”, “Painted”, “Stucco”, “Block”, “Frame – Wood”

Cooling

  • “Ceiling Fan(s)”
  • “Refrigeration”

Exterior Features

  • “Covered Patio(s)”
  • “Gazebo/Ramada”
  • “Patio”

Fence

  • “Block”
  • “Wood”

Fireplaces

  • “None”

Floors

  • “Stone”
  • “Tile”
  • “Wood”

Garage

  • 1 space

Heating

  • “Natural Gas”

Home Owner’s Association

  • Association fee includes: “No Fees”

Interior Features

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

Listing

  • Listing ID: 6800518
  • Standard status: Active
  • 35 days on market

Location

  • Subdivision name: GARY LYN

Lot

  • 0.22 acres
  • 9,696 sqft
  • “Alley”
  • “Cul-De-Sac”
  • “Grass Front”
  • “Synthetic Grass Back”
  • “Irrigation Front”
  • “Irrigation Back”

Parking

  • “Electric Door Opener”
  • “RV Gate”

Pool

  • “Heated”
  • “Private”

Possession

  • “Close Of Escrow”

Property

  • View: “Mountain(s)”

Roof

  • “Composition”

Schools

  • Elementary school: Tavan Elementary School
  • High school: Arcadia High School
  • High school district: Scottsdale Unified District

Sewer

  • “Public Sewer”

Taxes

  • Annual amount: $2,808
  • Lot: 3

Windows

  • “Dual Pane”

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This content last updated on February 12, 2025 6:07PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.