5002 N 38TH Place Phoenix, AZ $ 1,350,000
5002 N 38TH Place
$ 1,350,000
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5002 N 38TH Place

Phoenix, AZ, 85018
$ 1,350,000
Bedrooms5 Baths3.0 Sq 2,823

Monthly Estimate*

$ 8,312

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Single Family Home for sale in Phoenix, AZ

for $1,350,000 with 5 bedrooms and 3 full baths. This 2,823 square foot home was built in 1963 on a lot size of 0.23.

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. 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. 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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Single Family Active

Price

$ 1,350,000

Bedrooms

5

Full Bath

3

Property Type

Single Family

Taxes

$ 5,969

Style

Ranch

Lot Size

0.23

Year Built

1963

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6998169

Features
Interior
Interior Amenities Granite Counters Eat-in Kitchen Breakfast Bar 2 Master Baths Full Bth Master Bdrm Separate Shwr & Tub
Flooring Concrete
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Bedrooms 5
Total Baths 3
Bedrooms Possible 5
Built-in Microwave True
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Exterior
Model Custom
Fencing Block
Parking Features Attached Garage Garage Door Opener
Lot Features East/West Exposure Sprinklers In Rear Corner Lot Desert Back Gravel/Stone Front
Water Source City Water
Lot Size Area 10145.0
Spa Y
Lot Size Acres 0.23
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 2.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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General
Sewer Public Sewer
Heating Electric
Cooling Central Air Ceiling Fan(s) Programmable Thmstat
Utilities SRP
Possession Close Of Escrow
Roof Composition
Garage Spaces 2.0
Association Fee Includes No Fees
Architectural Style Ranch
Pool Features Variable Speed Pump Outdoor Heated Lap
Construction Materials Painted Block
Year Built 1963
Township 2N
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Maricopa
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name CAMELBACK VILLA ESTATES
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions Heading east on Camelback from Interstate 51 turn left on 38th Pl. It is on your immediate left on the corner of 38th Pl and Camelback.
High School Camelback High School
City Phoenix
Disclosures Seller Discl Avail
High School District Phoenix Union High School District
Open Parking Spaces 2.0
Lot Size Units Square Feet
Lot Size Square Feet 10145.0
Carport Spaces 0.0
Carport Y/N N
Spa Features Above Ground Heated Private
Elementary School The Creighton Academy
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 5969.0
Home Warranty Y/N N
Current Financing Conventional
Middle/Junior High School The Creighton Academy
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.zillow.com/view-imx/8e6d00d1-45e2-4a44-87ac-6d8f6a99e28c?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Builder Name UK
Standard Status Active
Occupancy Type Tenant
Elementary School District Creighton Elementary District
Tax Lot 18
New Financing: Conventional True
Senior Community N
Ttl Monthly Fee Equiv 0.0
New Financing Cash True
New Financing: VA True
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Internal Only
Street Number 1 5002
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* Excluded Features
List By
Property Management Real Estate

Broker

aaron@pmires.com

Email

Affordability Calculator

$8,810
Per Month
94%
6%
0%
Monthly Principal & Interest
$8,312
Monthly Property Taxes
$497
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4894318 Elementary School
4898578 Middle School
Camelback High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2026$1,350,000 Listed Price

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5002 N 38TH Place, Phoenix, AZ, 85018 is a Single Family Home for sale at $1,350,000 with 2,823 sqft and a lot size of 0.23. 5002 N 38TH Place has 5 bedrooms, 3.0 baths, and was built in 1963. The property's zip code is 85018 which is in Phoenix, AZ