5002 N 38th Place, Phoenix, AZ 85018
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
Listed by: aaron michael simpson
Office: property management real estate
MLS#:6998169
Source:ARMLS
Price summary
- Price:$1,350,000
- Price per sq. ft.:$478.21
About this home
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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Home facts
- Year built:1963
- Listing ID #:6998169
- Updated:May 14, 2026 at 02:55 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Flooring:Concrete
- Living area:2,823 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Programmable Thermostat
- Heating:Electric
- Central air:Yes
Structure and exterior
- Year built:1963
- Building area:2,823 sq. ft.
- Lot area:0.23 Acres
- Lot Features:Corner, Desert Back, East/West Exposure, Gravel/Stone Front, Sprinklers In Rear
- Architectural Style:Ranch
- Construction Materials:Block, Painted
Schools
- High school:Camelback High School
- Middle school:The Creighton Academy
- Elementary school:The Creighton Academy
Utilities
- Water:City Water
Finances and disclosures
- Price:$1,350,000
- Price per sq. ft.:$478.21
- Tax amount:$5,969 (2025)
Features and amenities
- Pool features:Variable Speed Pump
Parking
- Garage:Yes
- Garage spaces:2
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.New listings near 5002 N 38th Place
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