1 day on Rocket
$10,000 Closing Credit¹
#6834676, Chris Morrison, Brian Frey, Listing Office: RETSY
#6800518·
Listing Office: The Brokery·
Listing Agent: Ronald J Wadsworth, Bobi Jo Hernandez·
Listing Office Phone: 602-888-6375
$1,049,000 List price
4036 N 40th Pl Phoenix, AZ 85018
$10,000
Closing credit¹
4 beds
2 baths
2,108 sqft
0.2 acres
$498 / sqft
House
Property details
About 4036 N 40th Pl
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.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCeiling Fan(s)
Size2,108 sqft
Lot size0.22 Acres
Year built1953
ParkingElectric Door Opener, RV Gate
MLS #6800518
Garage1 space
ViewMountain(s)
Private poolYes
Summary
- MLS Number: 6800518
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: The Brokery
- Office Phone: (602) 888-6375
- Office Email: tim@thebrokery.com
- Listing Agent: Ronald J Wadsworth, Bobi Jo Hernandez
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,049,000
4036 N 40th Pl
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 13, 2021 | Home Sold | $885,000 |
| Sep 30, 2020 | Home Sold | $675,000 |
| Nov 12, 2014 | Home Sold | $458,000 |
| Nov 12, 2014 | Home Sold | $458,000 |
| Sep 25, 2013 | Home Sold | $392,500 |
| Mar 29, 2013 | Home Sold | $227,000 |
| Apr 13, 2007 | Home Sold | $310,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $74,200 | $2,906 |
| 2023 | $64,460 | $2,787 |
| 2022 | $46,070 | $2,519 |
| 2020 | $41,510 | $2,846 |
| 2019 | $39,970 | $2,634 |
| 2017 | $33,070 | $2,531 |
History based on county public records data.
Nearby schools
5
Tavan Elementary School
Public District PK-5
0.8 mi
•4610 E Osborn Rd
9
Hopi Elementary School
Public District KG-5
1.5 mi
•5110 E Lafayette Blvd
2
Griffith Elementary School
Public District KG-5
1.9 mi
•4505 E Palm Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,641. Typical income of Phoenix, AZ residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
34%
<35k
62%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
67%
Single, No Kids
13%
Single, with Kids
11%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
4%
12-17 yrs old
33%
18-34 yrs old
43%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Men's Tennis
Where do the neighbors shop?
H&M
Burlington
Nordstrom Rack
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4036 N 40th Pl
This home is located at 4036 N 40th Pl in Phoenix, AZ and zip code 85018 in the Camelback East neighborhood. This 2,108 square foot home, which was built in 1953, sits on a 0.22 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 9, 2025 and is currently priced at $1,049,000.
In February 2025, from all listings sold in Phoenix, AZ there were more than 185 sold above asking price, over 657 sold below and more than 322 were sold right at the asked price. The inventory of homes for sale in Phoenix, AZ between January and February 2025 increased by 11.5%. In February 2025 median list price was $456,254 and the average listing age was 71 days.
From Rocket Homes Real Estate and based on county public records data.