5002 N 38TH Place, Phoenix, AZ 85018 (MLS# 6998169)

5002 N 38TH Place, Phoenix, AZ 85018

$1,350,000
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,823 Lot Size (sq. ft.): 10,145 Status: Active
Current Price: $1,350,000 Last Modified: 4/01/2026

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.

Supplements: 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.

More Information MLS# 6998169

Contract Information

List Price: $1,350,000 Status: Active Current Price: $1,350,000 List Date: 2026-03-12 Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No

Location Tax Legal

House Number: 5002 Compass: N Street Name: 38TH St Suffix: Place City/Town Code: Phoenix State/Province: AZ Zip Code: 85018 Zip4: 1504 County Code: Maricopa Assessor Number: 170-16-018-A Subdivision: CAMELBACK VILLA ESTATES Tax Year: 2025

General Property Description

Dwelling Type: Single Family Residence Dwelling Styles: Detached Exterior Stories: 1 # of Interior Levels: 1 # Bedrooms: 5 Full Bathrooms: 3 Total Bathrooms: 3 Approx SQFT: 2823 Price/SqFt: 478.21 Horses: N Model: Custom Builder Name: UK Year Built: 1963 Lead Based Hazard Disclosure: Yes Approx Lot SqFt: 10145 Approx Lot Acres: 0.233 Community Pool Y/N: No Private Pool Y/N: Yes Fireplace YN: No Elementary School District: Creighton Elementary District High School District: Phoenix Union High School District Elementary School: The Creighton Academy Jr. High School: The Creighton Academy High School: Camelback High School

Remarks Misc

Cross Street: 40th St & Camelback 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. Geo Lat: 33.510143 Geo Lon: -111.999074

Legal Info

Township: 2N Range: 3E Section: 13 Lot Number: 18

Basement

Basement Y/N: N

Parking Spaces

Garage Spaces: 2 Slab Parking Spaces: 2 Total Covered Spaces: 2

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Special Listing Cond: N/A Architecture: Ranch Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; 2 Master Baths Master Bedroom: Split Additional Bedroom: 2 Master Bedrooms; Separate Bedroom Exit; Master Bedroom Walk-in Closet Flooring: Concrete Private Pool Features: Outdoor; Heated; Lap; Variable Speed Pump Spa: Private; Above Ground; Heated Dining Area: Eat-in Kitchen; Breakfast Bar Kitchen Features: Built-In Electric Oven; Electric Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Granite Counters Laundry: Washer Included; Dryer Included Other Rooms: Great Room Exterior Features: Covered Patio(s) Parking Features: Attached Garage; Garage Door Opener Construction: Block Const - Finish: Painted Roofing: Composition Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat Heating: Electric Plumbing: Electric Hot Wtr Htr Utilities: SRP Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Block Property Description: Corner Lot; East/West Exposure Landscaping: Gravel/Stone Front; Desert Back; Yrd Wtring Sys Back Lockbox Type: See Private Remarks; None Possession: Close of Escrow Unit Style: All on One Level; Street Facing Association Fee Incl: No Fees Existing 1st Loan: Conventional New Financing: Cash; VA; Conventional Disclosures: Seller Discl Avail
Listing Office: Property Management Real Estate
Last Updated: April - 01 - 2026
5002 N 38TH Place, Phoenix, AZ 85018- MLS# 6998169
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