$1,995,000
$605K PRICE DROP

Estimated payment $11,206/month

Total Views 12,599
5 Beds
5 Baths
6,023 Sq Ft
$331 Price per Sq Ft

Highlights

  • Outdoor Fireplace
  • Wood Flooring
  • Covered patio or porch
  • Phoenix Coding Academy Rated A
  • No HOA
  • 2 Car Direct Access Garage

About This Home

Brand New Luxury Estate by Montecito Homes on 1⁄4 acre lot, located on a quiet street in Arcadia Lite for just $335 per sq ft livable...way below market value! Great Room, Formal Dining Area, Family Room / Playroom, Home Office / Bedroom 5. Main House offers 5 Spacious Bedrooms, 4 with Ensuite Bathrooms. Also boasts a 2 Bed/Bath Guest House suitable for multi-generational living with its own private entrance / outdoor living area / parking for 2 cars. Gorgeous Wood Floors. 10' Ceilings. Chef's Kitchen with Tons of Cabinets & Storage, an oversized island, Large Walk-in Pantry. Great for Family Time, and Friends. 6,023sf of livable space! On lot parking for 6 vehicles. Each bedroom is generously sized with walk-in closets and en-suite bathrooms, offering a retreat-like feel throughout. In addition, the home is very efficient with a sub-50 HERS score which means your total monthly utility bill (ELECTRIC / GAS) will be $252/month on average. Step outside to enjoy thoughtfully landscaped grounds with multiple outdoor living area, two fireplaces, and artificial turf perfect for outdoor gatherings, and plenty of room to add a pool or create your backyard oasis. Conveniently located with easy access to top-rated schools, shopping, dining, and all that Phoenix has to offer, this home is the perfect blend of luxury, functionality, and opportunity. Don't miss this rare find!

Listing Agent

Christopher Karas

Compass License #SA555869000 Listed on: 03/06/2025

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,252

Year Built

  • Built in 2025

Lot Details

  • 10,415 Sq Ft Lot
  • Block Wall Fence
  • Artificial Turf

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 6,023 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 2 Fireplaces
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace

Schools

  • Griffith Elementary School
  • Camelback High School

Utilities

  • Cooling Available
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Montecito Homes
  • Rancho Ventura Tr 9 Lot 225 254 Subdivision

Listing and Financial Details

  • Tax Lot 229
  • Assessor Parcel Number 126-01-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,252

Year Built

Built in 2025

Lot Details

0

Parking

2

Listing Details

  • Cross Street: THOMAS & 40TH ST
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2025
  • Tax Year: 2024
  • Directions: 40TH ST (2 BLOCKS SOUTH OF THOMAS) TO WINDSOR, EAST TO PROPERTY
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.24
  • Subdivision Name: RANCHO VENTURA TR 9 LOT 225-254
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Exterior Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 6023.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Synthetic Grass Frnt
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Ceiling Fan(s), Other
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Griffith Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Griffith Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10415.0
  • Parcel #: 126-01-035

Building Info

  • Builder Name: Montecito Homes

Tax Info

  • Tax Annual Amount: 2252.0
  • Tax Book Number: 126.00
  • Tax Lot: 229
  • Tax Map Number: 1.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,252 $21,467 -- --
2024 $2,231 $20,444 -- --
2023 $2,231 $41,670 $8,330 $33,340
2022 $2,144 $32,180 $6,430 $25,750
2021 $2,208 $29,510 $5,900 $23,610
2020 $2,165 $27,230 $5,440 $21,790
2019 $2,161 $27,170 $5,430 $21,740
2018 $2,022 $22,480 $4,490 $17,990
2017 $1,931 $20,780 $4,150 $16,630
2016 $1,889 $21,920 $4,380 $17,540
2015 $1,779 $18,730 $3,740 $14,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $1,995,000 -11.3% $331 / Sq Ft
05/06/2025 05/06/25 Price Changed $2,250,000 -5.4% $374 / Sq Ft
04/25/2025 04/25/25 Price Changed $2,378,000 -8.5% $395 / Sq Ft
03/06/2025 03/06/25 For Sale $2,600,000 -- $432 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $560,625 Pioneer Title Agency
Interfamily Deed Transfer -- Security Title Agency
Warranty Deed $155,500 Security Title Agency
Cash Sale Deed $108,000 Security Title Agency
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $850,000 New Conventional
Previous Owner $36,700 Credit Line Revolving
Previous Owner $86,266 New Conventional
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6831107

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-01-035