RATE BUYDOWN w/ SELLER CREDIT to 4.75 - 5.75% range. REDUCE your mortgage payments for the first 2 years! WELCOME to this stunning 5-bedroom, 3.5-bathroom designer residence offering over 2,800 sq. ft. of modern luxury living in the highly desirable Arcadia Camelback Villa Estates that sits just 5 blocks from world-famous Old Town Scottsdale and its vibrant dining, nightlife, and shopping scene. This unique property is designed to impress both homeowners and investors with a rare dual-master suite layout, a spacious split floor plan, and resort-style outdoor amenities. Seller is a licensed Mortgage Broker.
(CLICK ''MORE'' FOR THE FULL DESCRIPTION) Modern Luxury Arcadia Home - Dual Master Suites & Resort-Style Living
Welcome to this stunning 5-bedroom, 3.5-bathroom designer residence offering over 2,800 sq. ft. of modern luxury living in the highly desirable Arcadia Camelback Villa Estates--just 5 blocks from world-famous Old Town Scottsdale and its vibrant dining, nightlife, and shopping scene.
This unique property is designed to impress both homeowners and investors with a rare dual-master suite layout, a spacious split floor plan, and resort-style outdoor amenities.
Home Highlights
" Two Master Suites - Located on opposite wings of the home, each with private spa-style bathrooms featuring soaking tubs, walk-in showers, and direct pool access.
" Gourmet Kitchens - Dual kitchen spaces open into a sunken living room, creating seamless indoor-outdoor entertaining flow.
" Resort Backyard - Heated Pebble-Tec pool & spa, multicolor light fountain, lush mature landscaping, multiple lounge areas, and a large covered patio offering total privacy.
" Additional Features - Wine fridge, built-in laundry cabinetry, spacious 2- car garage, and beautifully updated designer finishes throughout.
Prime Location
Nestled in Arcadia, one of Scottsdale's most sought-after neighborhoods, the property is minutes from Camelback Mountain hiking, high-end restaurants, boutique shopping, and some of Arizona's most exciting breweries and entertainment.
Investor Appeal
With its fully remodeled interiors, dual kitchens, multiple en-suite bedrooms, and resort backyard, this home is a turnkey furnished rental opportunity. Its proximity to Old Town makes it highly desirable for short-term rental guests seeking upscale Scottsdale experiences--offering strong cash flow potential from day one.
This home blends luxury family living with exceptional investment potential.
Whether you're seeking a forever home in the heart of Scottsdale or a profitable fully furnished turnkey asset in Arizona's hottest rental market, this property delivers.
For sale
Price cut: $50K (9/23)
$1,299,999
5002 N 38TH Place, Phoenix, AZ 85018
5beds
2,823sqft
Single Family Residence
Built in 1963
10,145 Square Feet Lot
$-- Zestimate®
$461/sqft
$-- HOA
What's special
Rare dual-master suite layoutLush mature landscapingWine fridgeSeamless indoor-outdoor entertaining flowMulticolor light fountainGourmet kitchensWalk-in showers
- 52 days
- 795
- 32
Zillow last checked:
Listing updated:
Listed by:
Aaron Michael Simpson 480-737-9781,
Property Management Real Estate
Source: ARMLS,MLS#: 7066567

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s), Programmable Thmstat
Appliances
- Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Cooktop, Built-In Electric Oven
Features
- Granite Counters, Eat-in Kitchen, Breakfast Bar, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Concrete
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,823
- Total interior livable area: 2,823 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Attached, Garage Door Opener
- Attached garage spaces: 2
- Uncovered spaces: 2
Features
- Stories: 1
- Patio & porch: Covered
- Has private pool: Yes
- Pool features: Variable Speed Pump, Outdoor Pool, Heated, Lap
- Has spa: Yes
- Spa features: Above Ground, Heated, Private
- Fencing: Block
Lot
- Size: 10,145 Square Feet
- Features: East/West Exposure, Sprinklers In Rear, Corner Lot, Desert Back, Gravel/Stone Front
Details
- Parcel number: 17016018A
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Stucco, Painted, Block
- Roof: Composition
Condition
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: CAMELBACK VILLA ESTATES
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $461/sqft
- Tax assessed value: $771,700
- Annual tax amount: $5,969
- Date on market: 8/14/2026
- Cumulative days on market: 52 days
- Listing terms: VA Loan,Cash,Conventional,FHA
- Ownership: Fee Simple
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Listing removed | $8,000$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/23/2026 | Price change | $1,299,999-3.7%$461/sqft |
Source: | ||
| 9/22/2026 | Listed for rent | $8,000$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/27/2026 | Listed for sale | $1,350,000$478/sqft |
Source: | ||
| 8/25/2026 | Listing removed | $8,000$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/31/2026 | Price change | $8,000+33.3%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/28/2026 | Listing removed | $1,350,000$478/sqft |
Source: | ||
| 6/18/2026 | Listed for rent | $6,000-40%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/13/2026 | Listed for sale | $1,350,000$478/sqft |
Source: | ||
| 3/13/2026 | Listing removed | $9,995$4/sqft |
Source: ARMLS #6960790 Report a problem | ||
| 12/24/2025 | Listed for rent | $9,995+25%$4/sqft |
Source: ARMLS #6960790 Report a problem | ||
| 12/19/2025 | Listing removed | $1,350,000$478/sqft |
Source: | ||
| 9/28/2025 | Listing removed | $7,999$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/18/2025 | Listed for sale | $1,350,000+50.2%$478/sqft |
Source: | ||
| 8/21/2025 | Price change | $7,999+14.3%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/14/2025 | Listed for rent | $7,000-65%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/26/2021 | Sold | $899,000+71.2%$318/sqft |
Source: | ||
| 1/12/2021 | Listing removed | -- |
Source: | ||
| 10/5/2020 | Price change | $20,000+66.7%$7/sqft |
Source: GNS Realty- AZ, LLC #6063952 Report a problem | ||
| 8/14/2020 | Price change | $12,000+100%$4/sqft |
Source: GNS Realty- AZ, LLC #6063952 Report a problem | ||
| 7/17/2020 | Price change | $6,000+50%$2/sqft |
Source: GNS Realty- AZ, LLC #6063952 Report a problem | ||
| 7/9/2020 | Price change | $4,000-33.3%$1/sqft |
Source: GNS Realty- AZ, LLC #6063952 Report a problem | ||
| 6/17/2020 | Price change | $5,995+41.2%$2/sqft |
Source: GNS Realty- AZ, LLC #6063952 Report a problem | ||
| 5/18/2020 | Price change | $4,245+13.4%$2/sqft |
Source: GNS Realty- AZ, LLC #6063952 Report a problem | ||
| 4/16/2020 | Price change | $3,745-0.1%$1/sqft |
Source: GNS Realty- AZ, LLC #6063952 Report a problem | ||
| 4/9/2020 | Listed for rent | $3,750$1/sqft |
Source: GNS Realty- AZ, LLC #6063952 Report a problem | ||
| 12/14/2018 | Sold | $525,000+162.5%$186/sqft |
Source: | ||
| 7/29/2011 | Sold | $200,000$71/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,969 +3.9% | $77,170 +3.1% |
| 2024 | $5,745 -4.4% | $74,820 +76.4% |
| 2023 | $6,009 +4.1% | $42,411 -14.7% |
| 2022 | $5,773 +0.1% | $49,720 +12.8% |
| 2021 | $5,769 +0.7% | $44,070 +7.8% |
| 2020 | $5,729 +2.1% | $40,880 -5.2% |
| 2019 | $5,611 | $43,110 +3.1% |
| 2018 | $5,611 +4% | $41,820 +21.1% |
| 2017 | $5,394 +26% | $34,520 -7.9% |
| 2016 | $4,282 +10.4% | $37,480 +0.5% |
| 2015 | $3,878 | $37,280 +20.6% |
| 2014 | -- | $30,910 +8.8% |
| 2013 | -- | $28,420 -9% |
| 2012 | -- | $31,220 -7.3% |
| 2011 | -- | $33,680 -29.4% |
| 2010 | -- | $47,680 -3.5% |
| 2009 | -- | $49,400 +4% |
| 2008 | -- | $47,500 +8.4% |
| 2007 | -- | $43,800 +75.6% |
| 2006 | -- | $24,950 |
| 2005 | -- | $24,950 +18.8% |
| 2004 | -- | $21,000 |
| 2003 | -- | $21,000 +2.2% |
| 2002 | -- | $20,550 |
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.Climate risks
Neighborhood: Camelback East
Nearby schools
Schools provided by the listing agent
- Elementary: Biltmore Preparatory Academy
- Middle: Creighton Virtual Academy
- High: Camelback High School
- District: Creighton Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




