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$8,400,000

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
EMBRACE THIS ELITE SANCTUARY designed for those who demand the utmost PRIVACY and desire a perfect blend of luxury and comfort. Nestled on 2 acres at the base of iconic Camelback Mountain, this privately gated estate offers an unrivaled lifestyle. From the moment the gates open a sense of serenity and grandeur unfolds. The resort-style backyard is nothing short of your own PERSONAL PARADISE, featuring a lazy river-style pool that winds gracefully thru the yard, sport court, putting green, outdoor theater all set against the breathtaking mountain so close you could reach out and touch it! This estate is a masterpiece of design, where floor-to-ceiling windows invite the natural beauty of the outdoor surroundings inside, seamlessly blending luxury and earthy warmth. Divine. Tranquil. Serene Every corner of this home has been crafted for comfort and sophistication, offering both intimate private spaces and expansive entertainment areas. Whether you're seeking the ultimate retreat for wellness and rejuvenation, or a showpiece estate for hosting, this home delivers an unparalleled Arcadia lifestyle an oasis of tranquility, health, and indulgence. For those who value absolute privacy and world-class amenities, this is your moment. Come experience this one-of-a-kind estate in person because some luxuries must be felt to be believed.

Details

Property type

Single Family Residence

Est. home value

$5,278,323

Lot size

1.85 acres

Price per sq ft

$1,370

Year built

1968

Annual property taxes

$17,000

HOA

No

Price History

03/16/2025
ArizonaRegional

ArizonaRegional #6836268

Listed
$8,400,000
+3.7%
02/09/2025
ArizonaRegional

ArizonaRegional #6801397

Removed
$8,100,000
01/13/2025
ArizonaRegional

ArizonaRegional #6801397

Price change
$8,100,000
+16.97%

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: 03/16/2025 at 3:10 PM

Listing updated: 03/16/2025 at 11:03 AM

Listed by: Jill Laurell, Realty Executives Phone #: (480) 948-9450

MLS: ArizonaRegional #6836268

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