MLS# 6998169 – 5002 N 38th Place, Phoenix, AZ 85018

Price: $1,350,000
Beds: 5
Living Area SqFt: 2,823
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.23
Lot Size SqFt: 10,145
Year Built: 1963
Neighborhood: Camelback Villa Estates
Days on Website: 37

Courtesy of Property Management Real Estate

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.

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Property Details and Features

  • Appliances & Equipment
  • “Dryer”
  • “Washer”
  • “Refrigerator”
  • “Built-in Microwave”
  • “Dishwasher”
  • “Disposal”
  • “Electric Cooktop”
  • “Built-In Electric Oven”
  • Bathrooms
  • 3 total bathrooms
  • Bedrooms
  • 5 total bedrooms
  • Building
  • Built in 1963
  • Architectural style: “Ranch”
  • Living area: 2823
  • Construction materials: “Painted”, “Block”
  • Cooling
  • “Central Air”
  • “Ceiling Fan(s)”
  • “Programmable Thmstat”
  • Fence
  • “Block”
  • Floors
  • “Concrete”
  • Garage
  • 2 spaces
  • Heating
  • “Electric”
  • Home Owner’s Association
  • Association fee includes: “No Fees”
  • Interior Features
  • “Granite Counters”
  • “Eat-in Kitchen”
  • “Breakfast Bar”
  • “2 Master Baths”
  • “Full Bth Master Bdrm”
  • “Separate Shwr & Tub”
  • Listing
  • Listing ID: 6998169
  • Standard status: Active
  • 38 days on market
  • Location
  • Subdivision name: CAMELBACK VILLA ESTATES
  • Lot
  • 0.23 acres
  • 10,145 sqft
  • “East/West Exposure”
  • “Sprinklers In Rear”
  • “Corner Lot”
  • “Desert Back”
  • “Gravel/Stone Front”
  • Parking
  • “Attached Garage”
  • “Garage Door Opener”
  • Pool
  • “Variable Speed Pump”
  • “Outdoor”
  • “Heated”
  • “Lap”
  • Possession
  • “Close Of Escrow”
  • Roof
  • “Composition”
  • Schools
  • Elementary school: The Creighton Academy
  • High school: Camelback High School
  • High school district: Phoenix Union High School District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $5,969
  • Lot: 18

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$1,350,000 – 5002 N 38th Place, Phoenix, AZ 85018

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This content last updated on April 19, 2026 5:11PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.