4036 N 40TH Place Phoenix, AZ 85018
UPDATED:
01/09/2025 08:15 AM
Key Details
Property Type Single Family Home
Sub Type Single Family - Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,108 sqft
Price per Sqft $536
Subdivision Gary Lyn
MLS Listing ID 6800518
Style Ranch
Bedrooms 4
HOA Y/N No
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1953
Annual Tax Amount $2,808
Tax Year 2024
Lot Size 9,696 Sqft
Acres 0.22
Property Description
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.
Location
State AZ
County Maricopa
Community Gary Lyn
Direction Turn onto 40th PL from Indian School. 2nd House on Right.
Rooms
Other Rooms Great Room
Master Bedroom Split
Den/Bedroom Plus 5
Separate Den/Office Y
Interior
Interior Features Furnished(See Rmrks), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Granite Counters
Heating Natural Gas
Cooling Ceiling Fan(s), Refrigeration
Flooring Stone, Tile, Wood
Fireplaces Number No Fireplace
Fireplaces Type None
Fireplace No
Window Features Dual Pane
SPA None
Exterior
Exterior Feature Covered Patio(s), Gazebo/Ramada, Patio
Parking Features Electric Door Opener, RV Gate
Garage Spaces 1.0
Garage Description 1.0
Fence Block, Wood
Pool Heated, Private
Landscape Description Irrigation Back, Irrigation Front
Amenities Available None
View Mountain(s)
Roof Type Composition
Private Pool Yes
Building
Lot Description Alley, Cul-De-Sac, Grass Front, Synthetic Grass Back, Irrigation Front, Irrigation Back
Story 1
Builder Name custom
Sewer Public Sewer
Water City Water
Architectural Style Ranch
Structure Type Covered Patio(s),Gazebo/Ramada,Patio
New Construction No
Schools
Elementary Schools Tavan Elementary School
Middle Schools Ingleside Middle School
High Schools Arcadia High School
School District Scottsdale Unified District
Others
HOA Fee Include No Fees
Senior Community No
Tax ID 127-17-003
Ownership Fee Simple
Acceptable Financing Conventional, VA Loan
Horse Property N
Listing Terms Conventional, VA Loan
Special Listing Condition N/A, Owner/Agent
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