4036 N 40TH Place, Phoenix, AZ 85018
4036 N 40TH Place

4036 N 40TH Place

4036 N 40TH Place, Phoenix, AZ

$1,130,000

HIGHLIGHTS
  • 4 Beds
  • 9,696 Sq.Ft. Lot
  • 2,108 Sq.Ft. Living
  • 1953 Year Built
  • For Sale Status
  • 6800518 MLS® ID
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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Features and Amenities

Interior

  • Total Bedrooms4
  • Total Bathrooms2
  • FlooringStone, Tile, Wood
  • FireplaceNone
  • other interior FeaturesFurnished(See Rmrks), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Granite Counters

Area & Lot

  • Status For Sale
  • Living Area2,108 Sq.Ft.
  • Lot Area9,696 Sq.Ft.
  • MLS® ID6800518
  • TypeResidential
  • YEAR BUILT1953
  • Architecture StylesRanch
  • View DescriptionMountain(s)
  • Elementary SchoolTavan Elementary School
  • Middle SchoolIngleside Middle School
  • High SchoolArcadia High School
  • School DistrictScottsdale Unified District

Exterior

  • STORIES1
  • Garage Spaces1.0
  • Water SourceCity Water
  • PoolHeated, Private
  • roofComposition
  • lot featuresAlley, Cul-De-Sac, Grass Front, Synthetic Grass Back, Irrigation Front, Irrigation Back
  • parkingElectric Door Opener, RV Gate
  • HEAT TYPENatural Gas
  • AIR CONDITIONINGCeiling Fan(s), Refrigeration
  • sewerPublic Sewer
  • HOA AmenitiesNone
  • other exterior FeaturesCovered Patio(s), Gazebo/Ramada, Patio

Financial

  • Sales Price$1,130,000
  • Real Estate Tax $2,808/yr

WORK WITH BRADEN

Every home sale has its own unique set of variables and challenges. I have found a passion in crafting strategies that overcome these hurdles for each client. My goal is to create an exceptional buying and selling experience through getting to know what matters most to you.

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