For Sale House MLS# 7066567

5002 N 38TH Place

Phoenix, AZ 85018

$1,350,000

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About 5002 N 38TH Place

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.

Property details

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Active
Year built
1963
Stories
1
Living area
2,823 sqft
Price / sqft
$478
Lot
0.23
Original price
$1,350,000
MLS #
7066567

Interior

Features
Central Air, Ceiling Fan(s), Programmable Thmstat, Granite Counters, Eat-in Kitchen, Breakfast Bar, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub, Electric, Concrete
Flooring
Concrete
Heating
Electric
Cooling
Central Air, Ceiling Fan(s), Programmable Thmstat

Exterior & lot

Features
Variable Speed Pump, Outdoor, Heated, Lap, Ranch, Above Ground, Heated, Private, Attached Garage, Garage Door Opener
Construction
Stucco, Painted, Block, Composition
Roof
Composition
Lot
17016018A, Block
Fence
Block
Pool
Variable Speed Pump, Outdoor, Heated, Lap
Parking
Attached Garage, Garage Door Opener
Garage spaces
2

Schools

District
Creighton Elementary District
Elementary
Biltmore Preparatory Academy
Middle
Creighton Virtual Academy
High
Camelback High School

Utilities

Utilities
Public Sewer, City Water
Water
City Water
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$5,969
Tax year
2025
Parcel
17016018A

Location

Subdivision
CAMELBACK VILLA ESTATES
County
Maricopa
Neighborhood
Camelback Corridor
Community
Maricopa, Concrete, No Fees, Arizona Regional Multiple Listing Service 2, Creighton Elementary District
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.

Location

Neighborhood
Camelback Corridor
Subdivision
CAMELBACK VILLA ESTATES
School district
Creighton Elementary District

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Listed by Aaron Michael Simpson, Property Management Real Estate

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.