tomo logo

$4,750,000

Beds
5
Baths
5.5
sq ft
5,007

4704 North 40th Place, Phoenix, AZ 85018

4704 North 40th Place

Phoenix, AZ 85018

  • 33 days on market
Your dream home in the desirable Arcadia area of Phoenix is expected to arrive April 2025! This stunning residence will offer unparalleled luxury & comfort across its expansive layout . Upon entering, you are led seamlessly into the grand living spaces filled with natural light from floor to ceiling glass windows, sliding glass walls & vaulted ceilings. The gourmet kitchen is a chef's delight. Featuring Wolf/Subzero appliances, custom cabinetry, a large back kitchen and a 15' island overlooking the backyard oasis. The bar area features stackable windows for indoor/outdoor entertainment. A custom floor to ceiling temp controlled wine display showcases your collection, while defining the dining area and the living room with a beautiful stone wrapped fireplace with vaulted wood ceilings. The primary suite is a true retreat being its own wing of the home. Complete with vaulted wood ceilings, custom fireplace, and direct access to the backyard. The en-suite is a spa featuring a soaking tub, dual vanities, & a large walk-in shower. The primary closet is huge and also offers its own private laundry area. Each additional bedroom includes its own ensuite. The outdoor area is an oasis unto itself, with an outdoor kitchen, a sparkling pool, & soothing spa to relax & unwind. The expansive patio & landscaped grounds provide ample space for outdoor dining, lounging, & enjoying the Arizona sunshine year round. Additional features of this exceptional home include: State of the art technology & smart home capabilities. Three car garage with ample storage space. This home is in Hopi Elementary boundaries and a 3 minute drive to Phoenix Country Day School. Easy access to upscale shopping, dining, and entertainment at the Biltmore Fashion Square or the Scottsdale Entertainment District. Minutes to North Italia, LGO, Postinos, Chelseas Kitchen, Steak 44, the Global Ambassador Hotel, and the Henry to name a few local spots. Enjoy the nearby hiking trails of Camelback Mountain or some of the finest golf courses. Welcome to Arcadia living at its finest!

Details

Property type

Single Family Residence

Est. home value

$1,219,724

Property condition

Under Construction

Lot size

0.37 acres

Price per sq ft

$949

Year built

2025

Annual property taxes

$4,429

HOA

No

Price History

03/27/2025
ArizonaRegional

ArizonaRegional #6827129

Listed
$4,750,000
+5.56%
01/01/2025
ArizonaRegional

ArizonaRegional #6777137

Removed
$4,500,000
10/29/2024
ArizonaRegional

ArizonaRegional #6777137

Listed
$4,500,000
+279.75%

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Hopi Elementary School

Middle school: 

Ingleside Middle School

High school: 

Arcadia High School

High school district: 

Scottsdale Unified District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Lm2 Investment Group Llc

Loan start date

July 2023

Original loan amount

$750,000

Est. remaining balance

Not provided

Interest rate

6.39%

Loan type

Commercial

Seller

St Germain Investments Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/01/2025 at 3:25 PM

Listing updated: 03/27/2025 at 8:11 AM

Listed by: David D Segal, Realty USA Southwest Phone #: (602) 435-1456

MLS: ArizonaRegional #6827129

ArizonaRegional logo