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$1,100,000
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Property Description
Ready to build north/south lot with permits for a 3,000+sf single-story home, including 4-beds, 4.5 baths, an office, game room or den, pantry, an attached two-car garage and much more (see priv remarks for more details)! The lot is located on a quiet street in the Arcadia Osborn neighborhood with many multi-million dollar properties and many more on the way! Lot comes with permitted building plans for over 3,000 SF of livable space, outdoor living spaces and a pool by separate permit. This is a rare find conveniently located near restaurants, golf, hiking, shopping and everything you could possibly want!
Full Property Details
Full Property Details for 5016 E Cheery Lynn Rd #38
General
- Price: $1,100,000
- Taxes: $3,102 (2025)
- Status: Active
- Type: Lots/Land
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7002115
- Updated: 3/21/2026
- Added to Site: 11 day(s) ago
Location
- County: Maricopa
- Township: 2N
- Subdivision: OSBORN ESTATES 2
- Cross Streets: Osborn & 50th St.
- Total Lots Available: 1
Utilities
- Dist. to Gas: None
- Dist. to Electric: On Property
- Dist. to Sewer: On Property
- Water: City Franchise
- Dist. to Water: On Property
- Dist. to Telecomm: On Property
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,174
- Lot Dimensions: See plat map
- Frontage: Asphalt, Concrete
- Lot Features: Cul-De-Sac, North/South Exp
- Development Status: See Remarks, Plans Available, Plans Included, Prelim Eng Included
- Zoning: R-6, R1-6
Financial Considerations
- Tax Amount: $3,102
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: LOT 38 OSBORN ESTATES 2 MCR 006837
- Property ID: 128-18-038
- Range: 4E
- Section: 29
- Lot Number: 38
Listed by HomeSmart
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Schools
Schools serving 5016 E Cheery Lynn Rd #38
School District:Scottsdale Unified District
| Name | Grades | Distance |
|---|---|---|
Tavan Elementary School 4610 East Osborn Road, Phoenix, AZ 85018 | PK-5 | 0.6 mi |
Cherokee Elementary School 8801 North 56th Street, Paradise Valley, AZ 85253 | PK-5 | 5.6 mi |
Laguna Elementary School, Scottsdale, AZ 10475 East Lakeview Drive, Scottsdale, AZ 85258 | PK-5 | 9.3 mi |
Ingleside Middle School 5402 East Osborn Road, Phoenix, AZ 85018 | 6-8 | 0.6 mi |
Arcadia High School 4703 East Indian School Road, Phoenix, AZ 85018 | 9-12 | 0.8 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 5016 E Cheery Lynn Rd #38
Date
Details
Price
Change
Source
3/21/2026
Listed
$1,100,000
83.33%
MLS
3/27/2025
Sold
$600,000
—
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 5016 E Cheery Lynn Rd #38
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,102
20%
$72,970
11%
2024
$2,585
7%
$65,780
-14%
2022
$2,420
—
$76,520
20%
2022
$2,420
—
$63,760
45%
2022
$2,420
-5%
$44,120
1%
2021
$2,553
2%
$43,830
10%
2020
$2,497
15%
$39,910
29%
2019
$2,179
6%
$31,050
—
2018
$2,053
5%
$31,000
—
2017
$1,948
3%
$31,100
3%
2016
$1,895
9%
$30,210
13%
2015
$1,742
2%
$26,620
26%
2014
$1,700
7%
$21,120
19%
2013
$1,584
—
$17,750
—
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 5016 E Cheery Lynn Rd #38
5016 E Cheery Lynn Road #38, Phoenix, AZ 85018 (MLS# 7002115) is a Lots/Land property with a lot size of 0.21 acres. 5016 E Cheery Lynn Road #38 is currently listed for $1,100,000 and was received on March 21, 2026. Want to learn more about 5016 E Cheery Lynn Road #38? Do you have questions about finding other Lots/Land 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.

