4040 E ELM Street Phoenix, AZ $ 2,395,000
4040 E ELM Street
$ 2,395,000
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4040 E ELM Street

Phoenix, AZ, 85018
$ 2,395,000
Bedrooms3 Baths3.1 Sq 3,874

Monthly Estimate*

$ 14,746

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Single Family Home for sale in Phoenix, AZ

for $2,395,000 with 3 bedrooms and 3 full baths, 1 half bath. This 3,874 square foot home was built in 1915 on a lot size of 0.73.

Known as Casa de Sueños (''House of Dreams''), this rare 1915 adobe is tucked at the end of a long private drive in the highly coveted Hacienda Granada neighborhood, within the Hopi School District. Set on an expansive 32,000 sq ft lot, the 3,800 sq ft residence is a true Spanish hacienda--rich in character, history, and architectural integrity. Long regarded as one of Arcadia's hidden gems, this is a property many have admired from afar, quietly set back and full of intrigue. Offering a rare opportunity for a buyer who values authenticity and timeless design. The home has been thoughtfully maintained and presents the chance to further enhance while honoring its legacy. Ideal for the discerning buyer seeking a property with soul, scale, and the opportunity to carry it into its next chapter

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Single Family Active

Price

$ 2,395,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 7,305

Style

Bungalow,,Spanish

Lot Size

0.73

Year Built

1915

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7023566

Features
Interior
Interior Amenities 9+ Flat Ceilings Kitchen Island Separate Shwr & Tub
Flooring Other Carpet Wood
Fireplace Features Wood Burning Family Room Living Room Master Bedroom
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Laundry Features Wshr/Dry HookUp Only
Total Bedrooms 3
Total Baths 4
Bedrooms Possible 4
Kitchen Island True
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General
Sewer Public Sewer
Heating Heat Pump
Cooling Central Air Ceiling Fan(s)
Utilities Phone Connected SRP
Possession By Agreement
Roof Tile Rolled/Hot Mop
Garage Spaces 0.0
Association Fee Includes No Fees
Architectural Style Bungalow See Remarks Spanish
Construction Materials Stucco Adobe Block Brick
Year Built 1915
Township 2N
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Community Features Gated Historic District Biking/Walking Path
County Maricopa
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name HACIENDA GRANADA 2
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions South the Highland East to Private drive
High School Arcadia High School
City Phoenix
Disclosures Seller Discl Avail
High School District Scottsdale Unified District
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 32007.0
Carport Spaces 2.0
Carport Y/N N
Spa Features None
Elementary School Hopi Elementary School
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 7305.0
Home Warranty Y/N N
Middle/Junior High School Ingleside Middle School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name Unknown
Standard Status Active
Occupancy Type Vacant
Elementary School District Scottsdale Unified District
Tax Lot 116A
Senior Community N
Ttl Monthly Fee Equiv 0.0
New Financing Cash True
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Exterior
Exterior Amenities Private Yard Storage
Fencing Perimeter Back Yard Block Chain Link Wood
Parking Features Off Street Detached Garage Detached Carport Gated Circular Driveway Separate Strge Area
Lot Features Borders Common Area East/West Exposure Sprinklers In Rear Sprinklers In Front Grass Front Grass Back
Water Source City Water
Lot Size Area 32007.0
Spa N
Lot Size Acres 0.73
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 2.0
Crops Included Y/N N
Road Responsibility City Maintained Road
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 4040
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* Excluded Features
List By
Compass

Broker

areasuccess@gmail.com

Email

Affordability Calculator

$15,355
Per Month
96%
4%
0%
Monthly Principal & Interest
$14,746
Monthly Property Taxes
$609
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
4328236 Elementary School
4326983 Middle School
Arcadia High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2026$2,395,000 Listed Price

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4040 E ELM Street, Phoenix, AZ, 85018 is a Single Family Home for sale at $2,395,000 with 3,874 sqft and a lot size of 0.73. 4040 E ELM Street has 3 bedrooms, 3.1 baths, and was built in 1915. The property's zip code is 85018 which is in Phoenix, AZ