8 brand new high end condos in the coveted Arcadia area known for great office, retail and restaurants. All 3 bed 3 bath 2 car garage Average about 2500 sq ft. Currently renting out for $5000/month-7000/month. Each unit has it's own private elevator.
For sale
$11,600,000
4525 N 40TH Street, Phoenix, AZ 85018
24beds
3baths
20,000sqft
Condominium
Built in 2023
-- sqft lot
$-- Zestimate®
$580/sqft
$-- HOA
What's special
Private elevator
- 347 days |
- 666 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Warren Petersen 602-332-5812,
Network Realty
Source: ARMLS,MLS#: 6917400

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 3
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Features
- Flooring: Ceramic Tile
Interior area
- Total structure area: 20,000
- Total interior livable area: 20,000 sqft
Property
Parking
- Total spaces: 21
- Parking features: Open
- Covered spaces: 16
- Uncovered spaces: 5
Lot
- Size: 0.5 Acres
- Dimensions: 180 x 120
Details
- Parcel number: 17119144
- Zoning: C-N
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Wood Frame, Stucco
- Roof: Foam
Condition
- Year built: 2023
Utilities & green energy
- Electric: SRP
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: LUXE ON 40TH
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $580/sqft
- Annual tax amount: $44,000
- Date on market: 9/9/2025
- Cumulative days on market: 347 days
- Listing terms: Conventional
- Ownership: Condominium
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2025 | Listed for sale | $11,600,000+13.2%$580/sqft |
Source: | ||
| 2/16/2024 | Listing removed | $10,250,000$513/sqft |
Source: | ||
| 11/17/2023 | Listed for sale | $10,250,000-14.6%$513/sqft |
Source: | ||
| 8/4/2023 | Listing removed | $12,000,000$600/sqft |
Source: | ||
| 3/10/2023 | Listed for sale | $12,000,000$600/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Camelback East
Nearby schools
GreatSchools rating
- 9/10Hopi Elementary SchoolGrades: K-5Distance: 1.5 mi
- 7/10Ingleside Middle SchoolGrades: 6-8Distance: 2 mi
- 9/10Arcadia High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- District: Scottsdale 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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