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$2,395,000
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Property Description
Designed for exceptional entertaining with clearly separated living and sleeping spaces, this fully reimagined 6,107-square-foot residence is set on a 0.69-acre parcel within a gated enclave of just 14 custom estates in Mesa's coveted El Portillo. The main-level primary suite includes an adjoining private office or retreat, while the secondary bedrooms and a spacious lounge are located upstairs, creating a distinct upper-level bedroom wing with flexible options for offices, fitness, hobbies or media. Two impressive entertaining and living environments define the main floor. A dramatic open foyer introduces the formal living and dining areas, while a separate, relaxed gathering zone brings together the expansive great room, open kitchen and theater room. Fireplaces with custom stone surrounds add warmth and architectural character to the formal living room, great room and primary suite. Both entertaining areas flow directly to the resort-style backyard, where deep roof overhangs and intimate courtyards create inviting spaces for shaded outdoor living. The pool features an integrated spa and submerged seating designed for relaxing with a favorite beverage. An exterior-access bathroom with a shower adds convenience for poolside activities and entertaining. The home has undergone an extensive top-to-bottom renovation, resulting in a cohesive blend of craftsmanship, comfort and integrated smart-home technology. Smooth-finish walls and fresh interior and exterior paint enhance the home's crisp, polished presentation. Designed for serious cooking and effortless hosting, the kitchen features generous runs of luminous backlit Cristallo stone; a suite of Sub-Zero, Wolf and Cove appliances, including wall ovens, a professional-style range, refrigerator and dishwasher; and an open layout that keeps the cook connected to the great room. Custom cabinetry, substantial hardware, quality doors, app-controlled lighting and automated window shades demonstrate the attention given to every detail. The bathrooms have also been completely remodeled with updated tile, fixtures, cabinetry and refined finishes. Flood irrigation helps maintain the property's mature landscaping and citrus grove. With the renovation complete and every space thoughtfully finished, this home is ready for entertaining, relaxing and enjoying from the moment you arrive. Parking and storage are equally well considered, with generous on-property parking, extensive built-in garage storage and a gated RV parking pad. Community recreational amenities include a dual-purpose tennis and pickleball court, basketball court and covered cabana for outdoor gatherings.
Full Property Details
Full Property Details for 1550 N 40th St #12
General
- Price: $2,395,000
- HOA FEE: $300/month
- HOA FEE FREQ.: Quarterly
- Taxes: $8,211 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7019622
- Updated: 10/1/2026
- Added to Site: 159 day(s) ago
Interior
- Interior Features: Walk-in Pantry, Non-laminate Counter, High Speed Internet, Double Vanity, Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
- Fireplace: Yes
- Number of Fireplaces: 3
- Fireplace(s): Gas
- Appliances: Dryer, Washer, Water Softener Owned, Gas Stub for Range, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven, Gas Cooktop
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Inside, Gas Dryer Hookup, Engy Star (See Rmks)
Additional Information
- Pool: Yes
- Pool Description: Heated
- Security/Safety: Security System Owned
Exterior
- Exterior Features: Playground, Private Street(s), Private Yard, Storage
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: RV Access/Parking, RV Gated, Garage Door Opener, Attch'd Gar Cabinets, Over Height Garage
Location
- County: Maricopa
- Township: 1N
- Subdivision: CITRUS MANOR
- Cross Streets: Val Vista Dr and McLellan Rd
Community
- Association: Yes
- Assoc. Name: El Portillo
- Assoc. Fees Include: Maintenance Grounds, Street Maint
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Architectural Style: Santa Barbara/Tuscan,
- Builder: Custom
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Tile
- Windows: Dual Pane, Wood Frames
- Year Built: 1998
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.69
- Lot Size (Sq. Ft.): 29,859
- Lot Size Source: Assessor
- Lot Features: Borders Common Area, North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Grass Back, Synthetic Grass Frnt
Green Features
- Energy Efficient: Multi-Zones
Financial Considerations
- Association Fee: $900
- Assoc Fee Freq.: Quarterly
- Tax Amount: $8,211
- Tax Year: 2025
- Terms: VA Loan, Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 12 CITRUS MANOR MCR 042649
- Property ID: 141-31-069
- Range: 6E
- Section: 9
- Lot Number: 12
Listed by Compass
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Schools
Schools serving 1550 N 40th St #12
School District:Mesa Unified District
| Name | Grades | Distance |
|---|---|---|
Bush Elementary School 4925 East Ingram Street, Mesa, AZ 85205 | K-6 | 1.4 mi |
Stapley Junior High School 3250 East Hermosa Vista Drive, Mesa, AZ 85213 | 7-8 | 1.3 mi |
Mountain View High School, Mesa, AZ 2700 East Brown Road, Mesa, AZ 85213 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1550 N 40th St #12
Date
Details
Price
Change
Source
9/12/2026
Price Reduced
$2,395,000
-4.2%
MLS
5/02/2026
Listed
$2,500,000
59.24%
MLS
3/06/2023
Sold
$1,570,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1550 N 40th St #12
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,211
—
$87,906
-27%
2025
$8,211
-7%
$119,800
-2%
2023
$8,837
10%
$122,100
19%
2022
$8,057
—
$102,400
16%
2022
$8,057
-1%
$88,210
—
2021
$8,139
-7%
$88,570
7%
2020
$8,761
7%
$82,430
2%
2019
$8,153
5%
$80,810
-6%
2018
$7,795
3%
$85,580
-8%
2017
$7,548
2%
$92,760
6%
2016
$7,395
8%
$87,100
9%
2015
$6,878
6%
$79,560
42%
2014
$6,497
—
$55,860
-6%
2013
$6,473
—
$59,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1550 N 40th St #12
1550 N 40th Street #12, Mesa, AZ 85205 (MLS# 7019622) is a Single Family property with 5 bedrooms and 4 full bathrooms. 1550 N 40th Street #12 is currently listed for $2,395,000 and was received on May 02, 2026. Want to learn more about 1550 N 40th Street #12? Do you have questions about finding other Single Family real estate for sale in Mesa? You can browse all Mesa real estate or contact a Coldwell Banker agent to request more information.

