5002 N 38th Place, Phoenix, AZ 85018

$1,350,000
5
BD
3
BA
2,823
SqFt

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List Price
$1,350,000
Days on Market
15
Status
ACTIVE
MLS#
7066567
City
Phoenix
Bedrooms
5
Bathrooms
3
Living SQFT
2,823
Lot Size
10,145
Subdivision
Camelback Villa Estates
Year Built
1963
Type
Single Family Residence

Property Description

RATE BUYDOWN w/ SELLER CREDIT to 4.75 - 5.75% range. REDUCE your mortgage payments for the first 2 years! WELCOME to this stunning 5-bedroom, 3.5-bathroom designer residence offering over 2,800 sq. ft. of modern luxury living in the highly desirable Arcadia Camelback Villa Estates that sits just 5 blocks from world-famous Old Town Scottsdale and its vibrant dining, nightlife, and shopping scene. This unique property is designed to impress both homeowners and investors with a rare dual-master suite layout, a spacious split floor plan, and resort-style outdoor amenities. Seller is a licensed Mortgage Broker. (CLICK ''MORE'' FOR THE FULL DESCRIPTION) Modern Luxury Arcadia Home - Dual Master Suites & Resort-Style Living Welcome to this stunning 5-bedroom, 3.5-bathroom designer residence offering over 2,800 sq. ft. of modern luxury living in the highly desirable Arcadia Camelback Villa Estates--just 5 blocks from world-famous Old Town Scottsdale and its vibrant dining, nightlife, and shopping scene. This unique property is designed to impress both homeowners and investors with a rare dual-master suite layout, a spacious split floor plan, and resort-style outdoor amenities. Home Highlights " Two Master Suites - Located on opposite wings of the home, each with private spa-style bathrooms featuring soaking tubs, walk-in showers, and direct pool access. " Gourmet Kitchens - Dual kitchen spaces open into a sunken living room, creating seamless indoor-outdoor entertaining flow. " Resort Backyard - Heated Pebble-Tec pool & spa, multicolor light fountain, lush mature landscaping, multiple lounge areas, and a large covered patio offering total privacy. " Additional Features - Wine fridge, built-in laundry cabinetry, spacious 2- car garage, and beautifully updated designer finishes throughout. Prime Location Nestled in Arcadia, one of Scottsdale's most sought-after neighborhoods, the property is minutes from Camelback Mountain hiking, high-end restaurants, boutique shopping, and some of Arizona's most exciting breweries and entertainment. Investor Appeal With its fully remodeled interiors, dual kitchens, multiple en-suite bedrooms, and resort backyard, this home is a turnkey furnished rental opportunity. Its proximity to Old Town makes it highly desirable for short-term rental guests seeking upscale Scottsdale experiences--offering strong cash flow potential from day one. This home blends luxury family living with exceptional investment potential. Whether you're seeking a forever home in the heart of Scottsdale or a profitable fully furnished turnkey asset in Arizona's hottest rental market, this property delivers.

Additional Information

Elementary School
Biltmore Preparatory Academy
High School
Camelback High School
Middle School
Creighton Virtual Academy
Acres
0.23
Architecture
Ranch
Assoc Fee Includes
No Fees
Builder Name
UK
Construction
Block, Painted, Stucco
Cooling
Ceiling Fan(s), Central Air, Programmable Thmstat
Fencing
Block
Flooring
Concrete
Garage Spaces
2
Heating
Electric
Living Area
2,823
Lot Size
10,145
Model
Custom
New Financing
Cash, VA Loan, FHA, Conventional
Other Rooms
Great Room
Parking Features
Garage Door Opener, Attached Garage
Lot Features
Corner Lot, East/West Exposure, Desert Back, Sprinklers In Rear, Gravel/Stone Front
Roofing
Composition
Pool
Yes
Spa
Private, Above Ground, Heated
Stories
1
Style
Ranch
Subdivision
Camelback Villa Estates
Taxes
$5,969
Tax Year
2025
Water
Public

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Listing courtesy of Property Management Real Estate.

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