16540 E El Lago Boulevard #40, Fountain Hills, AZ 85268 - Photo 1

1/1

$740,000

Sold
Closed
Patio Home
3 Beds
3 Full Baths
0.01 Acres
2 Car Garage
Updated 11 days ago

1/1

Property Description

Welcome to your dream desert oasis in the heart of Fountain Hills! Walking distance to restaurants, shopping and the world famous fountain! This single level patio home has it all- including NO STEPS! Indoor/outdoor living with 2 patios. Overlooking a large grassy area, the charming outdoor space is perfect for enjoying your favorite beverage or entertaining with friends on the covered patio. The best part of all, this beautiful home is LOW MAINTENANCE! Enjoy all of the perks of beautifully manicured landscaping with none of the work! The kitchen includes upgraded cabinets, granite countertops, walk in pantry, island, open concept to dining with fireplace, beverage bar and living room. The primary bedroom has direct access to the back patio, large ensuite with dual vanities... separate shower and tub and large walk in closet. 2nd bedrooms is split with an ensuite and 3rd bedroom can be used as a bedroom or office with double door entry. The gated community offers a heated pool, spa & cabana. Perfect lock & leave home, HOA maintains all landscaping, roof and exterior maintenance.

Full Property Details

Full Property Details for 16540 E El Lago Blvd #40

General

Sold For: $740,000
HOA FEE: $450/month
Taxes: $2,092 (2025)
Status: Closed
Type: Patio Home
Source: ARMLS_Arizona_MLS_Phoenix_Area
MLS ID: 6962734
Added to Site: 61 day(s) ago

Interior

Interior Features: Walk-in Pantry, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Separate Shwr & Tub
Fireplace: Yes
Number of Fireplaces: 1
Appliances: Dryer, Washer, Gas Stub for Range, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Cooktop

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 3

Other Rooms

Laundry: Inside

Parking

Garage: Yes
Garage Spaces: 2

Location

County: Maricopa
Township: 3N
Subdivision: VILLA ESTATES AT TOWN CENTER CONDOMINIUMS
Cross Streets: Shea and Fountain Hills Blvd

Community

Association: Yes
Assoc. Name: villa estates HOA
Assoc. Fees Include: Roof Repair, Insurance, Maintenance Grounds, Street Maint, Maintenance Exterior

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Heat Pump, Central Air, Ceiling Fan(s), Programmable Thermostat
Heating Type: Heat Pump, Natural Gas

Utilities

Water: Pvt Water Company

Structural Information

Builder: Visser Development
Exterior Const.: Stucco, Wood Frame
Roof: Other, Tile
Sq. Ft. Source: Assessor
Year Built: 2000

Lot Features

Lot Size (Acres): 0.01
Lot Size (Sq. Ft.): 253
Lot Size Source: Assessor
Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Front, Grass Back
Fencing (Description): Wrought Iron

Financial Considerations

Association Fee: $450
Assoc Fee Freq.: Monthly
Tax Amount: $2,092
Tax Year: 2025
Terms: Cash, Conventional

Disclosures and Reports

Ownership: Condominium
Legal Description: LOT 40 VILLA ESTATES AT TOWN CENTER CONDOMINIUMS MCR
Property ID: 176-24-835
Range: 6E
Section: 15
Lot Number: 40

Listed by Russ Lyon Sotheby's International Realty
Sold by RE/MAX Sun Properties

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— 16540 E El Lago Blvd #40 —

Russ Lyon Sotheby's International Realty

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Schools

Schools serving 16540 E El Lago Blvd #40

School District:Fountain Hills Unified District

Name	Grades	Distance
McDowell Mountain Elementary School 14825 North Fayette Drive, Fountain Hills, AZ 85268	PK-3	1.2 mi
Fountain Hills Middle School 15414 N McDowell Mountain Rd, Fountain Hills, AZ 85268	4-8	1.7 mi
Fountain Hills High School 16100 East Palisades Boulevard, Fountain Hills, AZ 85268	9-12	1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16540 E El Lago Blvd #40

Date

Details

Price

Change

Source

2/20/2026

Sold

$740,000

—

MLS

1/03/2026

Listed

$740,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Updated 2 days ago

12.15
Acres

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Just Listed

$1,100,000

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4
Beds
5
Total Baths

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Just Listed

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Townhouse
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2
Beds
2
Total Baths

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Just Listed

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Single Family
Active
Updated 6 days ago

3
Beds
2
Total Baths

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Price Reduced

-$25,000 (-2%)

$1,225,000

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Single Family
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Updated 2 days ago

4
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3
Total Baths

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Single Family
Active
Updated 6 days ago

2
Beds
2
Total Baths

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Price Reduced

-$20,900 (-3.43%)

$589,000

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Single Family
Active
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2
Beds
2
Total Baths

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Price Reduced

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Single Family
Active
Updated 6 days ago

2
Beds
2
Total Baths

16540 E El Lago Blvd, Fountain Hills, AZ 85268 - Photo 1

Sold

$744,000

16540 E El Lago Blvd #33 Fountain Hills, AZ 85268

Patio Home
Closed

3
Beds

Sold

$660,000

16540 E El Lago Blvd #2 Fountain Hills, AZ 85268

Patio Home
Closed
Updated 2 days ago

2
Beds
3
Total Baths

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Sold

$730,000

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Townhouse
Closed

2
Beds
2
Total Baths

16800 E El Lago Blvd, Fountain Hills, AZ 85268 - Photo 1

Sold

$670,000

16800 E El Lago Blvd #2028 Fountain Hills, AZ 85268

Townhouse
Closed

3
Beds
2
Total Baths

16540 E El Lago Boulevard #40, Fountain Hills, AZ 85268 (MLS# 6962734) is a Patio Home property that was sold at $740,000 on February 20, 2026. Want to learn more about 16540 E El Lago Boulevard #40? Do you have questions about finding other Patio Home real estate for sale in Fountain Hills? You can browse all Fountain Hills real estate or contact a Coldwell Banker agent to request more information.

16540 E El Lago Blvd #40 Fountain Hills, AZ 85268