5002 N 38TH Place Phoenix, AZ 85018 Active

UPDATED: 08/31/2026 10:07 PM ON MARKET: 28 days on market

$1,350,000

5 Beds3 Baths2,823 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,823 sqft

Price per Sqft $478

Subdivision Camelback Villa Estates

MLS Listing ID 7066567

Style Ranch

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1963

Annual Tax Amount $5,969

Tax Year 2025

Lot Size 10,145 Sqft

Acres 0.23

Property Sub-Type Single Family Residence

Source Arizona Regional Multiple Listing Service (ARMLS)

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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