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5002 N 38TH Place, Phoenix, AZ 85018 (Sold on )

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 $1,350,000

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  • 5 BedBeds
  • 3 BathBaths
  • 2,823 SqftSqft
  • TypeSingle Family
  • Active
  • MLS# 7066567

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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.

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Property Details 5002 N 38TH Place, Phoenix, AZ 85018

General

  • MLS#: 7066567
  • Property Type: Single Family
  • Property Sub Type: Single Family Residence
  • List Date: 08/13/2026
  • Year Built: 1963
  • Subdivision: CAMELBACK VILLA ESTATES
  • County: Maricopa
  • Beds: 5
  • Full Bath: 3
  • Total Baths: 3
  • Pool: Variable Speed Pump, Outdoor, Heated, Lap
  • Tax Year: 2025
  • Annual Taxes: $5,969.00
  • Association Fee Includes: No Fees

Interior Features

  • Interior Features: Granite Counters, Eat-in Kitchen, Breakfast Bar, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
  • Flooring: Concrete
  • Spa: Above Ground, Heated, Private

Schools

  • Elementary: Biltmore Preparatory Academy
  • Middle or Junior: Creighton Virtual Academy
  • High: Camelback High School
  • School District: Creighton Elementary District

Structure

  • Style: Ranch
  • Roof: Composition
  • Garage Spaces: 2
  • Parking: Attached Garage, Garage Door Opener
  • Construction Type: Stucco, Painted, Block

Size & Lot

  • Total Sq.Ft: 2,823
  • Acres: 0.23
  • Lot Size: 0.2300
  • Approx Lot SqFt: 10,145
  • Lot Features: East/West Exposure, Sprinklers In Rear, Corner Lot, Desert Back, Gravel/Stone Front

Utilities

  • Cooling: Central Air, Ceiling Fan, Programmable Thmstat
  • Heat Source: Electric
  • Sewer: Public Sewer

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This calculator is provided for informational purposes. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.


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