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$2,395,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 3 Full Baths
  • 0.73 Acres
  • Updated 6 days ago
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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

Full Property Details for 4040 E Elm St

General

  • Price: $2,395,000
  • Taxes: $7,305 (2025)
  • Status: Active
  • Type: Single Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7023566
  • Updated: 5/7/2026
  • Added to Site: 7 day(s) ago

Interior

  • Interior Features: 9+ Flat Ceilings, Kitchen Island, Separate Shwr & Tub
  • Fireplace: Yes
  • Number of Fireplaces: 3
  • Fireplace(s): Wood Burning, Family Room, Living Room, Master Bedroom
  • Appliances: Refrigerator, Gas Range
  • Flooring: Other, Carpet, Wood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Wshr/Dry HookUp Only

Exterior

  • Exterior Features: Private Yard, Storage

Parking

  • Parking Features: Off Street, Detached Garage, Detached Carport, Gated, Circular Driveway, Separate Strge Area

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: HACIENDA GRANADA 2
  • Cross Streets: 40th St & Camelback Road

Community

  • Assoc. Fees Include: No Fees

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Heat Pump

Utilities

  • Water: City Water
  • Utility Description: Phone Connected

Structural Information

  • Architectural Style: Bungalow, See Remarks, Spanish,
  • Exterior Const.: Stucco, Adobe, Block, Brick
  • Roof: Tile, Rolled/Hot Mop
  • Sq. Ft. Source: Assessor
  • Year Built: 1915

Lot Features

  • Lot Size (Acres): 0.73
  • Lot Size (Sq. Ft.): 32,007
  • Lot Size Source: Assessor
  • Lot Features: Borders Common Area, East/West Exposure, Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back

Financial Considerations

  • Tax Amount: $7,305
  • Tax Year: 2025
  • Terms: Cash

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: HACIENDA GRANADA UNIT 2 MCR 55/17 TRACT A & PT LO TS 116 & 117 AS DESC IN DKT 11773 PG 66
  • Property ID: 171-17-027-C
  • Range: 4E
  • Section: 19
  • Lot Number: 116A

Listed by Compass

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Listing agents

— 4040 E Elm St —

  • Compass

  • Compass

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4040 E Elm St

School District:Scottsdale Unified District
NameGradesDistance
Hopi Elementary School
5110 East Lafayette Boulevard, Phoenix, AZ 85018
K-51.5 mi
Echo Canyon K-8
4330 North 62nd Street, Scottsdale, AZ 85251
PK-82.7 mi
Cherokee Elementary School
8801 North 56th Street, Paradise Valley, AZ 85253
PK-54.4 mi
Ingleside Middle School
5402 East Osborn Road, Phoenix, AZ 85018
6-82.1 mi
Arcadia High School
4703 East Indian School Road, Phoenix, AZ 85018
9-121.2 mi
Laguna Elementary School, Scottsdale, AZ
10475 East Lakeview Drive, Scottsdale, AZ 85258
PK-59.2 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 4040 E Elm St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/07/2026
Listed
$2,395,000
409.14%
MLS
3/01/1996
Sold
$470,400
—
Public Record
Get Price Alerts and Save Property
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 for 4040 E Elm St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$54
4%
$1,040
7%
2024
$52
4%
$970
—
2023
$50
4%
$970
24%
2022
$48
—
$780
30%
2022
$48
-2%
$600
11%
2021
$49
2%
$540
-4%
2020
$48
20%
$560
12%
2019
$40
3%
$500
4%
2018
$39
5%
$480
2%
2017
$37
3%
$470
7%
2016
$36
9%
$440
—
2015
$33
3%
$440
19%
2014
$32
-11%
$370
-8%
2013
$36
—
$400
—
View All
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 for 4040 E Elm St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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4040 E Elm Street, Phoenix, AZ 85018 (MLS# 7023566) is a Single Family property with 3 bedrooms and 3 full bathrooms. 4040 E Elm Street is currently listed for $2,395,000 and was received on May 07, 2026. Want to learn more about 4040 E Elm Street? Do you have questions about finding other Single Family real estate for sale in Camelback East? You can browse all Camelback East real estate or contact a Coldwell Banker agent to request more information.

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