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4036 N 40TH Place, Phoenix, AZ 85018

$1,130,000 (Active)
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4036 N 40TH Place, Phoenix, AZ 85018

$1,130,000
Active
est.$1,130,000/month.
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4 beds. baths. 9,696 Sqft.

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Bobi Hernadez

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4036 N 40TH Place, Phoenix, AZ 85018

$1,130,000
Active
est.$1,130,000/month.
Start My Approval
4 beds 2 baths 9,696 Sq.ft.
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Property details for 4036 N 40TH Place, Phoenix, AZ 85018
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.
Broker details: The Brokery

Listed by: Ronald Wadsworth
Listagent State License: BR680589000
Co-listing Broker: The Brokery
Co-listing Agent: Bobi Hernandez
Co-Listagent State License: SA664073000
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Property Description

MLS Information

  • Listing: 6800518
  • Listing Last Modified: 2025-01-09

Property Details

  • Standard Status: Active
  • Property style: Ranch
  • Built in: 1953
  • Subdivision: GARY LYN
  • Lot size area: 9696 Square Feet

Geographic Data

  • County: Maricopa
  • MLS Area: GARY LYN
  • Directions: Turn onto 40th PL from Indian School. 2nd House on Right.
Features

Interior Features

  • Flooring: Stone, Tile, Wood
  • Bedrooms: 4
  • Full baths: 2
  • Living area: 2108
  • Interior Features: Kitchen Island, Pantry, Double Vanity, Granite Counters

Exterior Features

  • Roof type: Composition
  • Lot description: Cul-De-Sac
  • Pool: Heated, Private
  • View: Mountain(s)

Parking

  • Garage spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Heating: Natural Gas
Property Information

Tax Information

  • Tax Annual Amount: $2,808
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The property listing data and information set forth herein were provided to ARMLS from third party sources, including sellers, lessors and public records, and were compiled by ARMLS The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. ARMLS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
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