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For sale
  • $1,985,000

    46 W PALM Lane, Phoenix, AZ 85003

    5beds
    5,184sqft
    : 
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    Townhouse
    Built in 2008
    4,428 Square Feet Lot
    $-- Zestimate®
    $383/sqft
    $500/mo HOA

    What's special

    Gated entryGated residenceDesigner finishesNatural stone surfacesExpansive living spacesGenerous storageCustom cabinetry
    Expected Completion: Late Fall. Rare opportunity to own a fully reimagined red brick brownstone style residence at Chateaux on Central in the heart of Midtown Phoenix. Originally built in 2008 and now undergoing a luxury renovation, this gated residence offers more than 5,000 square feet across five stories, with 5 bedrooms, 6 full bathrooms, 2 powder rooms, and a private elevator connecting every level. Thoughtfully redesigned by The Coveted Group under the direction of Derrick Grahn, whose influence helped shape the iconic Flora Farms in Los Cabos, the home reflects a focus on quality, livability, and timeless design. Designer finishes, custom cabinetry, natural stone surfaces, and expansive living spaces create an environment equally suited for everyday living and entertaining. The chef's kitchen is centered around an oversized island with abundant storage and refined finishes. The primary suite serves as a private retreat featuring its own terrace with city views. Additional features include a private 2 car garage, gated entry, generous storage, and a lock and leave lifestyle. Set back from the street with private driveway access, the residence offers an added sense of privacy rarely found in urban living. Located along the iconic Central Avenue Corridor, moments from the Phoenix Art Museum, Heard Museum, Downtown Phoenix, Uptown Phoenix, restaurants, coffee shops, and cultural destinations. A rare opportunity to own a fully reimagined brownstone in one of Phoenix's most recognizable urban communities.
    28 days
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    1,622
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    94
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    Zillow last checked:

    Listing updated:

    Listed by:

    Ariana Parry 602-910-1883,

    The Brokery

    Source: ARMLS,MLS#: 7040927MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 8
      • Full bathrooms: 6
      • 1/2 bathrooms: 2
      Heating
      • Other, See Remarks
      Cooling
      • Other, See Remarks
      Appliances
      • Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher
      Features
      • Double Vanity, Other, See Remarks, Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Elevator, Kitchen Island, Pantry, Separate Shwr & Tub
      • Flooring: Vinyl
      • Windows: Double Pane Windows
      • Has basement: Yes
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 5,184
      • Total interior livable area: 5,184 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage, Open
      • Garage spaces: 2
      • Uncovered spaces: 2
      Features
      • Stories: 4
      • Patio & porch: Covered, Patio
      • Exterior features: Balcony, Private Street(s)
      • Spa features: None
      • Fencing: Wrought Iron
      • Has view: Yes
      • View description: City
      Lot
      • Size: 4,428 Square Feet
      • Features: North/South Exposure, Sprinklers In Front, Auto Timer H2O Front
      Details
      • Parcel number: 11851140

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Other
      • Property subtype: Townhouse
      • Attached to another structure: Yes
      Materials
      • Brick Veneer, Block, Brick
      • Roof: Other
      Condition
      • Year built: 2008

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water
      Green energy
      • Energy efficient items: Other (See Remarks)

      Community & HOA

      Community
      • Features: Gated, Near Light Rail Stop
      • Subdivision: CHATEAUX ON CENTRAL
      HOA
      • Has HOA: Yes
      • Services included: Insurance, Maintenance Grounds, Street Maint, Front Yard Maint, Maintenance Exterior
      • HOA fee: $500 monthly
      • HOA name: City Prop Mgmt
      • HOA phone: 602-437-4777
      Location
      • Region: Phoenix

      Financial & listing details

      • Price per square foot: $383/sqft
      • Tax assessed value: $1,477,200
      • Annual tax amount: $11,976
      • Date on market: 6/11/2026
      • Cumulative days on market: 28 days
      • Listing terms: Cash,Conventional,VA Loan
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/12/2026Listed for sale$1,985,000+140.6%$383/sqft
        Source: ARMLS #7040927 Report a problem
        6/8/2026Sold$825,000+6.5%$159/sqft
        Source: Public Record Report a problem
        9/10/2025Listing removed$775,000$149/sqft
        Source: ARMLS #6788327 Report a problem
        8/23/2025Pending sale$775,000$149/sqft
        Source: ARMLS #6788327 Report a problem
        8/7/2025Price change$775,000-6.1%$149/sqft
        Source: ARMLS #6788327 Report a problem
        7/4/2025Price change$825,000-2.9%$159/sqft
        Source: ARMLS #6788327 Report a problem
        11/26/2024Listed for sale$850,000+13.3%$164/sqft
        Source: ARMLS #6788327 Report a problem
        1/10/2022Sold$750,000$145/sqft
        Source: ARMLS #6307930 Report a problem
        11/11/2021Pending sale$750,000$145/sqft
        Source: ARMLS #6307930 Report a problem
        10/15/2021Listed for sale$750,000$145/sqft
        Source: ARMLS #6307930 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,976 +6.2%$147,720 -4%
        2024$11,275 +1%$153,880 +101.2%
        2023$11,165 +3.7%$76,472 -13%
        2022$10,769 -0.4%$87,910 -1.4%
        2021$10,811 +10.7%$89,170 -5.5%
        2020$9,767 +1.7%$94,370 +20.2%
        2019$9,600 $78,500 +13.7%
        2018$9,600 +2.4%$69,030 +9.7%
        2017$9,377 +11.3%$62,950 +0.3%
        2016$8,427 +7.1%$62,770 +8.5%
        2015$7,868 $57,870 -46.1%
        2012-- $107,400 +621.8%
        2009-- $14,880 +46.5%
        2008-- $10,160 +17.6%
        2007-- $8,640

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Encanto

        Getting around

        77 / 100
        Very Walkable
        55 / 100
        Good Transit
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Kenilworth Elementary School
        • Middle: Kenilworth Elementary School
        • High: Central High School
        • District: Phoenix Elementary 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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