5002 N 38th Place Phoenix, 85018

Bedrooms:
5
Bathrooms:
3
Square Feet:
2,823 sqft
Price $1,350,000 .00
Approx /month
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Sale Price:
$1,350,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$5,969
Insurance: (year)
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Virtual Tour of 5002 N 38th Place , Phoenix 85018

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. 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. 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.

General Information

Price:
$1,350,000
Status:
Active
Listing Updated:
4/1/2026
List Date:
3/12/2026
Close Date
Square Feet:
2,823
Bedrooms:
5
Bathrooms:
3
Garage Spaces:
2.00
Year Built:
1963
Builder Name:
Uk
Subdivision:
Camelback Villa Estates
City:
Phoenix
Zip:
85018
County:
Maricopa
HOA Y/N:
No
HOA Fee:
$0
HOA Paid Frequency:
HOA Transfer Fee:
Taxes:
$5,969
Tax Year:
2025
MLS ID:
6998169
Listing Attribution:
Property Management Real Estate

Property Features

Interior Features
Granite Counters, Eat-in Kitchen, Breakfast Bar, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
Exterior Features
Flooring
Concrete
Laundry
Fireplace Features
Cooling
Central Air, Ceiling Fan(s), Programmable Thmstat
Heating
Electric
Utilities
Pool
Variable Speed Pump, Outdoor, Heated, Lap
Spa
Above Ground, Heated, Private
Construction Finish
Painted, Block
Roofing
Composition
Water
City Water
Sewage
Public Sewer
Fencing
Block

School Information

High School:
Camelback High School
High School District:
Phoenix Union High School District
Middle School:
The Creighton Academy
Elementary School:
The Creighton Academy
Elementary School District:
Creighton Elementary District

Community Information

Subdivision:
Camelback Villa Estates
Community Features

Lot Information

Lot Size (sq feet):
10,145
Lot Features:
East/West Exposure, Sprinklers In Rear, Corner Lot, Desert Back, Gravel/Stone Front
Fencing:
Block

Location Information

Directions:
Heading east on Camelback from Interstate 51, turn left on 38th Pl. It is on your immediate left on the corner of 38th Pl and Camelback.
Cross Street:
40th St & Camelback
Map:
View on Map