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$6,925,000

Beds
6
Baths
5.5
sq ft
6,134

5040 North Arcadia Drive, Phoenix, AZ 85018

5040 North Arcadia Drive

Phoenix, AZ 85018

  • <1 day on market
    • Open house Jan 14
Camelback Hillside Luxury Oasis - Arcadia Proper Adjacent. Experience unmatched luxury and privacy in this stunning securely gated hillside oasis. Nestled on 1.85 acres of meticulously designed landscape, this estate boasts a dramatic presence from the moment you enter through the gate. The long stone driveway welcomes you to a resort-style haven that combines elegance with unparalleled amenities and unobstructed views of the South side of Camelback Mountain. Property is currently rented through end of October for 30k/month. No HOA.

Details

Property type

Single Family Residence

Est. home value

$5,278,323

Lot size

1.85 acres

Price per sq ft

$1,129

Year built

1968

Annual property taxes

$17,305

HOA

No

Price History

01/08/2025
ArizonaRegional

ArizonaRegional #6801397

Listed
$6,925,000
06/18/2024
ArizonaRegional

ArizonaRegional #6702879

Removed
$6,925,000
05/09/2024
ArizonaRegional

ArizonaRegional #6702879

Listed
$6,925,000
+50.54%

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

Finemark National Bank & Trust

Loan start date

May 2021

Original loan amount

$3,500,000

Est. remaining balance

Not provided

Interest rate

3.13%

Loan type

Commercial

Seller

Lifedevine5040 Llc

Lender

Just In Time 6 Llc

Loan start date

April 2021

Original loan amount

$3,000,000

Est. remaining balance

Not provided

Interest rate

3.05%

Loan type

Purchase Money Mortgage

Seller

Lifedevine5040 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: 01/08/2025 at 1:15 PM

Listing updated: 01/07/2025 at 5:55 PM

Listed by: Lauren Hunt, eXp Realty Phone #: (888) 897-7821

MLS: ArizonaRegional #6801397

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