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.
Sold for $740,000
$740,000
16540 E EL LAGO Boulevard #40, Fountain Hills, AZ 85268
3beds
2,081sqft
Condominium
Built in 2000
-- sqft lot
$741,400 Zestimate®
$356/sqft
$2,440 Estimated rent
Home value
$741,400
$682,000 - $808,000
$2,440/mo
Zestimate® history
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$3,831/mo
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List your homeWhat's special
Covered patioSingle level patio homeSeparate shower and tubWalk in pantryCharming outdoor spaceBeverage barLarge walk in closet
Zillow last checked:
Listing updated:
Listed by:
Michelle Glenn 480-695-9899,
Russ Lyon Sotheby's International Realty
Bought with:
Merry Silbaugh, BR106881000
RE/MAX Sun Properties
Source: ARMLS,MLS#: 6962734
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Heat Pump, Natural Gas
Cooling
- Heat Pump, Central Air, Ceiling Fan(s), Programmable Thmstat
Appliances
- Included: Dryer, Washer, Gas Stub for Range, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Cooktop
- Laundry: Inside
Features
- Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Separate Shwr & Tub
- Has basement: No
Interior area
- Total structure area: 2,081
- Total interior livable area: 2,081 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage, Open
- Garage spaces: 2
- Uncovered spaces: 2
Features
- Stories: 1
- Has spa: Yes
- Spa features: Heated
- Fencing: Wrought Iron
Lot
- Size: 253 Square Feet
- Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Front, Grass Back
Details
- Parcel number: 17624835
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stucco, Wood Frame
- Roof: Other,Tile
Condition
- Year built: 2000
Details
- Builder name: Visser Development
Utilities & green energy
- Sewer: Public Sewer
- Water: Pvt Water Company
Community & HOA
Community
- Features: Pool
- Subdivision: VILLA ESTATES AT TOWN CENTER CONDOMINIUMS
HOA
- Has HOA: Yes
- Services included: Roof Repair, Insurance, Maintenance Grounds, Street Maint, Maintenance Exterior
- HOA fee: $450 monthly
- HOA name: villa estates HOA
- HOA phone: 480-396-4567
Location
- Region: Fountain Hills
Financial & listing details
- Price per square foot: $356/sqft
- Tax assessed value: $572,800
- Annual tax amount: $2,092
- Date on market: 1/3/2026
- Cumulative days on market: 8 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2026 | Sold | $740,000$356/sqft |
Source:  ARMLS #6962734 Report a problem | ||
| 1/11/2026 | Pending sale | $740,000$356/sqft |
Source: ARMLS #6962734 Report a problem | ||
| 1/3/2026 | Listed for sale | $740,000+60.9%$356/sqft |
Source: ARMLS #6962734 Report a problem | ||
| 1/17/2017 | Sold | $460,000+42.6%$221/sqft |
Source: Public Record Report a problem | ||
| 11/9/2011 | Sold | $322,500-18.4%$155/sqft |
Source: ARMLS #4557379 Report a problem | ||
| 6/10/2011 | Listing removed | $395,000$190/sqft |
Source: Southwestern Style Real Estate #4557379 Report a problem | ||
| 5/4/2011 | Listed for sale | $395,000-3.7%$190/sqft |
Source: Southwestern Style Real Estate #4557379 Report a problem | ||
| 3/9/2005 | Sold | $410,000+64.1%$197/sqft |
Source: Public Record Report a problem | ||
| 6/28/2001 | Sold | $249,900$120/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,616 -1.6% | $57,280 -3.1% |
| 2024 | $1,642 +3.6% | $59,120 +53.9% |
| 2023 | $1,586 -19.3% | $38,405 -9.2% |
| 2022 | $1,966 -8.3% | $42,310 +8% |
| 2021 | $2,143 -2.4% | $39,180 +3.8% |
| 2020 | $2,196 +0.5% | $37,760 +7.5% |
| 2019 | $2,185 | $35,130 +1.3% |
| 2018 | $2,185 +4.2% | $34,680 +5.9% |
| 2017 | $2,097 +8.1% | $32,750 -0.7% |
| 2016 | $1,939 +7.5% | $32,980 +15.1% |
| 2015 | $1,804 | $28,660 +2.5% |
| 2014 | -- | $27,950 +6.7% |
| 2013 | -- | $26,200 +4% |
| 2012 | -- | $25,200 +35.5% |
| 2011 | -- | $18,600 -36.4% |
| 2010 | -- | $29,250 -23.6% |
| 2009 | -- | $38,300 -8.9% |
| 2008 | -- | $42,050 +1.2% |
| 2007 | -- | $41,550 +81.4% |
| 2006 | -- | $22,900 |
| 2005 | -- | $22,900 +17.1% |
| 2004 | -- | $19,550 |
| 2003 | -- | $19,550 +431.3% |
| 2002 | -- | $3,680 |
Find assessor info on the county website
Neighborhood: 85268
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Nearby schools
GreatSchools rating
- 5/10McDowell Mountain Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 6/10Fountain Hills Middle SchoolGrades: 4-8Distance: 1.6 mi
- 5/10Fountain Hills High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: McDowell Mountain Elementary School
- Middle: Fountain Hills Middle School
- High: Fountain Hills High School
- District: Fountain Hills Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$741,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$741,400
- Arizona
- Maricopa County
- Fountain Hills
- 85268
- 16540 E EL LAGO Boulevard Unit 40
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