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.
For sale
$1,985,000
46 W PALM Lane, Phoenix, AZ 85003
5beds
5,184sqft
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
- 28 days |
- 1,622 |
- 94 |
Zillow last checked:
Listing updated:
Listed by:
Ariana Parry 602-910-1883,
The Brokery
Source: ARMLS,MLS#: 7040927

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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
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Listed for sale | $1,985,000+140.6%$383/sqft |
Source: | ||
| 6/8/2026 | Sold | $825,000+6.5%$159/sqft |
Source: Public Record Report a problem | ||
| 9/10/2025 | Listing removed | $775,000$149/sqft |
Source: | ||
| 8/23/2025 | Pending sale | $775,000$149/sqft |
Source: | ||
| 8/7/2025 | Price change | $775,000-6.1%$149/sqft |
Source: | ||
| 7/4/2025 | Price change | $825,000-2.9%$159/sqft |
Source: | ||
| 11/26/2024 | Listed for sale | $850,000+13.3%$164/sqft |
Source: | ||
| 1/10/2022 | Sold | $750,000$145/sqft |
Source: | ||
| 11/11/2021 | Pending sale | $750,000$145/sqft |
Source: | ||
| 10/15/2021 | Listed for sale | $750,000$145/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $8,640 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 5/10Kenilworth Elementary SchoolGrades: PK-8Distance: 0.6 mi
- 3/10Central High SchoolGrades: 9-12Distance: 2.2 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Maricopa County
- Phoenix
- 85003
- Encanto
- 46 W PALM Lane





