For sale

$11,600,000

4525 N 40TH Street, Phoenix, AZ 85018

24beds

3baths

20,000sqft

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Condominium

Built in 2023

-- sqft lot

$-- Zestimate^®

$580/sqft

$-- HOA

What's special

Private elevator

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.

296 days

578

15

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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: 297 days
Listing terms: Conventional
Ownership: Condominium
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/10/2025	Listed for sale	$11,600,000+13.2%$580/sqft
Source: ARMLS #6917400 Report a problem
2/16/2024	Listing removed	$10,250,000$513/sqft
Source: ARMLS #6631866 Report a problem
11/17/2023	Listed for sale	$10,250,000-14.6%$513/sqft
Source: ARMLS #6631866 Report a problem
8/4/2023	Listing removed	$12,000,000$600/sqft
Source: ARMLS #6530313 Report a problem
3/10/2023	Listed for sale	$12,000,000$600/sqft
Source: ARMLS #6530313 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

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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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