5002 N 38TH Place, Phoenix, AZ 85018 - MLS #6998169

images$1,350,000 images5 Beds

images3 Bath images2,823 sqft images1963

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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.

Supplements: 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.

Property Features
Special Listing Cond: N/A
Architecture: Ranch
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; 2 Master Baths
Master Bedroom: Split
Additional Bedroom: 2 Master Bedrooms; Separate Bedroom Exit; Master Bedroom Walk-in Closet
Flooring: Concrete
Private Pool Features: Outdoor; Heated; Lap; Variable Speed Pump
Spa: Private; Above Ground; Heated
Dining Area: Eat-in Kitchen; Breakfast Bar
Kitchen Features: Built-In Electric Oven; Electric Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Granite Counters
Laundry: Washer Included; Dryer Included
Other Rooms: Great Room
Exterior Features: Covered Patio(s)
Parking Features: Attached Garage; Garage Door Opener
Construction: Block
Const - Finish: Painted
Roofing: Composition
Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat
Heating: Electric
Plumbing: Electric Hot Wtr Htr
Utilities: SRP
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Block
Property Description: Corner Lot; East/West Exposure
Landscaping: Gravel/Stone Front; Desert Back; Yrd Wtring Sys Back
Lockbox Type: See Private Remarks; None
Possession: Close of Escrow
Unit Style: All on One Level; Street Facing
Association Fee Incl: No Fees
Existing 1st Loan: Conventional
New Financing: Cash; VA; Conventional
Disclosures: Seller Discl Avail
Contract Information
List Price: $1,350,000
Status: Active
Current Price: $1,350,000
List Date: 2026-03-12
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
House Number: 5002
Compass: N
Street Name: 38TH
St Suffix: Place
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85018
Zip4: 1504
Country: US
County Code: Maricopa
Assessor Number: 170-16-018-A
Subdivision: CAMELBACK VILLA ESTATES
Tax Year: 2025
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 5
Full Bathrooms: 3
Total Bathrooms: 3
Approx SQFT: 2823
Price/SqFt: 478.21
Horses: N
Model: Custom
Builder Name: UK
Year Built: 1963
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 10145
Approx Lot Acres: 0.233
Community Pool Y/N: No
Private Pool Y/N: Yes
Fireplace YN: No
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Elementary School: The Creighton Academy
Jr. High School: The Creighton Academy
High School: Camelback High School
Remarks Misc
Cross Street: 40th St & Camelback
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.
Geo Lat: 33.510143
Geo Lon: -111.999074
Township: 2N
Range: 3E
Section: 13
Lot Number: 18
Basement
Basement Y/N: N
Parking Spaces
Garage Spaces: 2
Slab Parking Spaces: 2
Total Covered Spaces: 2
Showing Notification Methods
Showing Service: Aligned Showings