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For sale
    • Price cut: $496K (6/8)
    $8,499,000

    5617 E MONTECITO Avenue, Phoenix, AZ 85018

    5beds
    7,395sqft
    : 
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    Single Family Residence
    Built in 2020
    0.7 Acres Lot
    $-- Zestimate®
    $1,149/sqft
    $-- HOA

    What's special

    Automated shadesIndoor basketball courtPickleball courtRefined yet comfortable spacesPrivate officeFormal hedge-lined approachSeamless indoor-outdoor flow
    An exceptional opportunity within one of Arcadia's most coveted enclaves, this modern European-inspired estate delivers a masterclass in understated luxury--elegant, composed, and entirely without the need to show off. A formal hedge-lined approach and symmetrical façade set the tone, while inside, months of meticulous preparation have resulted in a home where nearly everything has been repaired, replaced, or renewed. In short, the hard work is done--leaving little more than to move in and quietly enjoy the outcome. Thoughtfully designed for both everyday living and entertaining, the home offers refined yet comfortable spaces, a private office, and seamless indoor-outdoor flow through expansive steel-framed windows and doors. The kitchen is further elevated by a temperature-controlled, glass-enclosed wine cellar with capacity for approximately 600 bottles--because one should always be properly prepared. A detached guest house provides a private retreat for visitors, complete with its own kitchen and living spaces--offering independence for guests and peace for hosts. Outdoors, the estate embraces a true resort lifestyle with a pickleball court and an RV garage cleverly reimagined as an indoor basketball court, alongside a pool, spa, outdoor kitchen, and fire feature lounge designed for gatherings that tend to run pleasantly long. Enhanced by a fully integrated smart home system and automated shades, this is a residence that balances timeless architecture with modern ease--polished, inviting, and just the right amount of indulgent.
    94 days
    |
    838
    |
    45
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Cameron 619-248-9409,

    Private House,

    Jason Wolf 602-793-3779,

    Private House

    Source: ARMLS,MLS#: 7008981MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Heating
      • Electric
      Cooling
      • Central Air, Ceiling Fan(s), Programmable Thmstat
      Appliances
      • Included: Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven
      Features
      • Pantry, Non-laminate Counter, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Wet Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
      • Flooring: Tile, Wood
      • Windows: Double Pane Windows
      • Has basement: No
      • Number of fireplaces: 2
      • Fireplace features: Fire Pit, Exterior Fireplace, Family Room, Master Bedroom, Gas
      Interior area
      • Total structure area: 7,395
      • Total interior livable area: 7,395 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: RV Garage
      • Garage spaces: 4
      • Uncovered spaces: 4
      Features
      • Stories: 1
      • Patio & porch: Covered, Patio
      • Exterior features: Private Pickleball Court(s), Sport Court(s), Storage, Built-in Barbecue
      • Has private pool: Yes
      • Pool features: Outdoor Pool, Heated
      • Has spa: Yes
      • Spa features: Heated, Private
      • Fencing: Block
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 0.7 Acres
      • Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Corner Lot, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
      Details
      • Additional structures: Guest House
      • Parcel number: 17231008A

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Single Family Residence
      Materials
      • Spray Foam Insulation, Stucco, Wood Frame, Painted
      • Roof: Tile,Concrete
      Condition
      • Year built: 2020
      Details
      • Builder name: Two Hawks Designs

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water
      Green energy
      • Water conservation: Tankless Ht Wtr Heat

      Community & HOA

      Community
      • Security: Fire Sprinkler System
      • Subdivision: EDGEWOOD ESTATES
      HOA
      • Has HOA: No
      • Services included: No Fees
      Location
      • Region: Phoenix

      Financial & listing details

      • Price per square foot: $1,149/sqft
      • Tax assessed value: $5,016,800
      • Annual tax amount: $9,493
      • Date on market: 4/15/2026
      • Cumulative days on market: 94 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/8/2026Price change$8,499,000-5.5%$1,149/sqft
        Source: ARMLS #7008981 Report a problem
        4/15/2026Listed for sale$8,995,000+120.7%$1,216/sqft
        Source: ARMLS #7008981 Report a problem
        7/29/2023Listing removed--
        Source: ARMLS #6573898 Report a problem
        6/28/2023Listed for rent$37,500$5/sqft
        Source: ARMLS #6573898 Report a problem
        9/17/2020Sold$4,075,000-0.6%$551/sqft
        Source: ARMLS #6036379 Report a problem
        8/22/2020Pending sale$4,100,000$554/sqft
        Source: Launch Real Estate #6036379 Report a problem
        2/13/2020Listed for sale$4,100,000+82.3%$554/sqft
        Source: Launch Real Estate #6036379 Report a problem
        10/8/2019Listing removed$2,249,000$304/sqft
        Source: North & Co #5965081 Report a problem
        8/15/2019Listed for sale$2,249,000+33.8%$304/sqft
        Source: North & Co #5965081 Report a problem
        7/2/2019Sold$1,681,325-15.9%$227/sqft
        Source: ARMLS #5924260 Report a problem
        6/23/2019Pending sale$1,999,000$270/sqft
        Source: R.O.I. Properties #5924260 Report a problem
        5/10/2019Price change$1,999,000-16.7%$270/sqft
        Source: R.O.I. Properties #5924260 Report a problem
        11/6/2018Price change$2,400,000-4%$325/sqft
        Source: My Home Group Real Estate #5822945 Report a problem
        9/20/2018Listed for sale$2,500,000+106.6%$338/sqft
        Source: My Home Group Real Estate #5822945 Report a problem
        8/7/2015Sold$1,210,000-6.8%$164/sqft
        Source: Public Record Report a problem
        10/10/2014Listing removed$1,298,700$176/sqft
        Source: DPR Realty #5005994 Report a problem
        10/10/2013Listed for sale$1,298,700+2.5%$176/sqft
        Source: DPR Realty #5005994 Report a problem
        8/1/2013Listing removed$1,267,500$171/sqft
        Source: Dominic & Co International Real Estate #4882426 Report a problem
        5/2/2013Price change$1,267,500-2.4%$171/sqft
        Source: Dominic & Co International Real Estate #4882426 Report a problem
        3/26/2013Listed for sale$1,298,700-2.9%$176/sqft
        Source: Dominic & Co International Real Estate #4882426 Report a problem
        1/30/2013Listing removed$1,337,000$181/sqft
        Source: Realty Executives #4782922 Report a problem
        7/3/2012Listed for sale$1,337,000+7%$181/sqft
        Source: Realty Executives #4782922 Report a problem
        8/25/2011Listing removed$1,250,000$169/sqft
        Source: Phoenician Properties #4440533 Report a problem
        12/3/2010Price change$1,250,000-3.8%$169/sqft
        Source: Phoenician Properties #4440533 Report a problem
        8/20/2010Price change$1,300,000-3.7%$176/sqft
        Source: Phoenician Properties #4440533 Report a problem
        8/19/2010Listed for sale$1,350,000$183/sqft
        Source: Phoenician Properties #4440533 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,431 +5%$501,680 -0.6%
        2024$8,981 +2.2%$504,770 +353.8%
        2023$8,790 +3.9%$111,237 -64.7%
        2022$8,459 -8.6%$315,560 +1.6%
        2021$9,251 -49.8%$310,560 +13.7%
        2020$18,416 +131.3%$273,200 +0.6%
        2019$7,963 $271,450 +152%
        2018$7,963 -9.6%$107,720 -3.6%
        2017$8,810 +12.9%$111,780 +10%
        2016$7,804 +3.4%$101,630 +3.3%
        2015$7,544 $98,370 +16.6%
        2014-- $84,360 +13.1%
        2013-- $74,560 -3%
        2012-- $76,870 -13.9%
        2011-- $89,270 -21.1%
        2010-- $113,180 +1%
        2009-- $112,030 +0.5%
        2008-- $111,500 +18.8%
        2007-- $93,850 +38.9%
        2006-- $67,550
        2005-- $67,550 +16.4%
        2004-- $58,050 +4%
        2003-- $55,800 +40.6%
        2002-- $39,700
        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.
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        Climate risks

        Neighborhood: Camelback East

        Getting around

        19 / 100
        Car-Dependent
        37 / 100
        Some Transit
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hopi Elementary School
        • Middle: Ingleside Middle School
        • High: Arcadia High School
        • 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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