Accepting backups

$2,395,000

4040 E ELM Street, Phoenix, AZ 85018

3beds

3,874sqft

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Single Family Residence

Built in 1915

0.73 Acres Lot

$-- Zestimate^®

$618/sqft

$-- HOA

What's special

True spanish haciendaThoughtfully maintained

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

58 days

160

5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Heating

Heat Pump

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Refrigerator, Gas Range

Features

9+ Flat Ceilings, Kitchen Island, Separate Shwr & Tub
Flooring: Other, Carpet, Wood
Has basement: No
Number of fireplaces: 3
Fireplace features: Wood Burning, Family Room, Living Room, Master Bedroom

Interior area

Total structure area: 3,874
Total interior livable area: 3,874 sqft

Property

Parking

Total spaces: 2
Parking features: Off Street, Detached Garage, Detached Carport, Gated, Circular Driveway, Storage
Has garage: Yes
Carport spaces: 2

Features

Stories: 1
Patio & porch: Covered, Patio
Exterior features: Private Yard, Storage
Spa features: None
Fencing: Perimeter,Back Yard,Block,Chain Link,Wood

Lot

Size: 0.73 Acres
Features: Borders Common Area, East/West Exposure, Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back

Details

Parcel number: 17117027C

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow,See Remarks,Spanish
Property subtype: Single Family Residence

Materials

Stucco, Adobe, Block, Brick
Foundation: Slab, Raised
Roof: Tile

Condition

Year built: 1915

Utilities & green energy

Sewer: Public Sewer
Water: City Water
Utilities for property: Phone Connected

Community & HOA

Community

Features: Gated, Historic District, Biking/Walking Path
Subdivision: HACIENDA GRANADA 2

HOA

Has HOA: No
Services included: No Fees

Location

Region: Phoenix

Financial & listing details

Price per square foot: $618/sqft
Tax assessed value: $1,419,400
Annual tax amount: $7,305
Date on market: 5/7/2026
Cumulative days on market: 58 days
Listing terms: Cash
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/7/2026	Listed for sale	$2,395,000+409.1%$618/sqft
Source: ARMLS #7023566 Report a problem
3/1/1996	Sold	$470,400$121/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,029 +5.1%	$141,940 -0.1%
2024	$6,686 +2.2%	$142,040 +67.9%
2023	$6,541 +0.8%	$84,594 -5%
2022	$6,491 -1.7%	$89,020 +11.1%
2021	$6,601 +7%	$80,110 -3.4%
2020	$6,172 +4.4%	$82,950 +12.5%
2019	$5,912	$73,710 +4.7%
2018	$5,912 +4.5%	$70,420 +2.2%
2017	$5,656 +13.4%	$68,900 +5.5%
2016	$4,987 +4.4%	$65,310 +0%
2015	$4,779	$65,300 +19.8%
2014	--	$54,530 -9.1%
2013	--	$59,960 +1.4%
2012	--	$59,140 +7.8%
2011	--	$54,850 -15%
2010	--	$64,550 0%
2009	--	$64,580 -26.2%
2008	--	$87,460 +18%
2007	--	$74,100 +98.8%
2006	--	$37,270
2005	--	$37,270 +30.3%
2004	--	$28,600
2003	--	$28,600 +24.3%
2002	--	$23,000

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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