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$1,350,000
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Property 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. 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.
Full Property Details
Full Property Details for 5002 N 38th Pl
General
- Price: $1,350,000
- Taxes: $5,969 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6998169
- Updated: 4/1/2026
- Added to Site: 20 day(s) ago
Interior
- Interior Features: Granite Counters, Eat-in Kitchen, Breakfast Bar, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
- Appliances: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Cooktop, Built-In Electric Oven
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Additional Information
- Pool: Yes
- Pool Description: Variable Speed Pump, Outdoor, Heated, Lap
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Attached Garage, Garage Door Opener
Location
- County: Maricopa
- Township: 2N
- Subdivision: CAMELBACK VILLA ESTATES
- Cross Streets: 40th St & Camelback
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Programmable Thermostat
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Ranch,
- Builder: UK
- Exterior Const.: Painted, Block
- Roof: Composition
- Sq. Ft. Source: Assessor
- Year Built: 1963
Manufactured Home
- Model: Custom
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,145
- Lot Size Source: Assessor
- Lot Features: East/West Exposure, Sprinklers In Rear, Corner Lot, Desert Back, Gravel/Stone Front
Financial Considerations
- Tax Amount: $5,969
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: CAMELBACK VILLA ESTATES PART TR B S 96'
- Property ID: 170-16-018-A
- Range: 3E
- Section: 13
- Lot Number: 18
Listed by Property Management Real Estate
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Schools
Schools serving 5002 N 38th Pl
School Districts:Creighton Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Biltmore Preparatory Academy 4601 North 34th Street, Phoenix, AZ 85018 | K-8 | 0.7 mi |
Camelback High School 4612 North 28th Street, Phoenix, AZ 85016 | 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 5002 N 38th Pl
Date
Details
Price
Change
Source
3/13/2026
Listed
$1,350,000
50.17%
MLS
4/02/2021
Sold
$899,000
—
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 5002 N 38th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,969
4%
$81,350
5%
2024
$5,745
-4%
$77,170
3%
2023
$6,009
4%
$74,820
19%
2022
$5,773
—
$63,010
27%
2022
$5,773
-2%
$49,720
13%
2021
$5,914
3%
$44,070
2%
2019
$5,729
-1%
$43,110
5%
2020
$5,769
3%
$40,880
-2%
2018
$5,611
4%
$41,820
21%
2017
$5,394
4%
$34,520
-8%
2016
$5,186
21%
$37,480
1%
2015
$4,282
10%
$37,280
21%
2014
$3,878
8%
$30,910
9%
2013
$3,577
—
$28,420
—
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 5002 N 38th Pl
5002 N 38th Place, Phoenix, AZ 85018 (MLS# 6998169) is a Single Family property with 5 bedrooms and 3 full bathrooms. 5002 N 38th Place is currently listed for $1,350,000 and was received on March 13, 2026. Want to learn more about 5002 N 38th Place? Do you have questions about finding other Single Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

