MLS# 7066567 – 5002 N 38th Place, Phoenix, AZ 85018

Price: $1,350,000
Beds: 5
Baths: 3
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: 22

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. 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.

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Property Details and Features

  • Property Access
  • Road Responsibility: City Maintained Road
  • Road Surface: Concrete
  • Appliances & Equipment
  • Dryer
  • Washer
  • Refrigerator
  • Built-in Microwave
  • Dishwasher
  • Disposal
  • Electric Cooktop
  • Built-In Electric Oven
  • Bathrooms
  • 3 total bathrooms
  • 3 full bathrooms
  • Bedrooms
  • 5 total bedrooms
  • 5 possible bedrooms
  • Building
  • Built in 1963
  • Living area: 2823.0
  • 1 storey
  • Construction Materials: Stucco, Painted, Block
  • Cooling
  • Central Air
  • Ceiling Fan(s)
  • Programmable Thmstat
  • Disclosures
  • Seller Discl Avail
  • Exterior Features
  • Patio/Porch Features: Covered Patio(s)
  • Fence
  • Block
  • Floors
  • Concrete
  • Garage
  • 2 spaces
  • Heating
  • Electric
  • Home Owner’s 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: 7066567
  • Standard Status: Active
  • MLS Status: Active
  • Property Subtype: Single Family Residence
  • 22 days on market
  • Special Conditions: N/A
  • Location
  • Subdivision: CAMELBACK VILLA ESTATES
  • County/Parish: Maricopa
  • Lot
  • 0.23 acres
  • East/West Exposure
  • Sprinklers In Rear
  • Corner Lot
  • Desert Back
  • Gravel/Stone Front
  • Parking
  • 2 covered spaces
  • 2 open parking spaces
  • Attached Garage
  • Garage Door Opener
  • Pool
  • Variable Speed Pump
  • Outdoor
  • Heated
  • Lap
  • Possession
  • Close Of Escrow
  • Roof
  • Composition
  • Schools
  • Elementary School: Biltmore Preparatory Academy
  • Elementary School District: Creighton Elementary District
  • Middle School: Creighton Virtual Academy
  • High School: Camelback High School
  • High School District: Phoenix Union High School District
  • Sewer
  • Public Sewer
  • Taxes
  • Parcel Number: 170-16-018-A
  • Public Survey Range: 3E
  • Public Survey Section: 13
  • Annual Amount: $5,969
  • Tax Book Number: 170.00
  • Legal Description: CAMELBACK VILLA ESTATES PART TR B S 96′
  • Lot: B
  • Map Number: 16.00
  • Parcel Letter: A
  • Year: 2025
  • Utilities
  • Water Source: City Water

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

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This content last updated on September 5, 2026 6:38AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.