16436 N 40TH Place, Phoenix, AZ 85032, Phoenix, 85032 - 4 bed, 2 bath
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Phoenix, AZ 85032
This Luxury Desert Sanctuary is listed at $1,050,000, reflecting a premium for its high-end upgrades relative to the $931,263 Fair Market Value. Boasting a Mint Condition Rating, the interior showcases a contemporary remodel with Taj Mahal waterfall countertops and custom white oak cabinetry. The massive 31,353 sq ft lot offers a premier outdoor lifestyle featuring a newly refinished pool, patio, putting green, and sports court. Served by Whispering Wind Academy, Sunrise Middle, and Paradise Valley High, this move-in-ready home is the perfect fit for Owner-Occupants or Luxury Home Buyers seeking a private retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16436 N 40TH Place Subject | $990,000* List Price | 4 | 2 | 1,844 | $492 | - |
A 16626 N 43RD Street Sold | $899,000 | 4 | 4 | 2,218 | $405 | 0.3 mi |
B 16457 N 47TH Street Active | $699,000 List Price | 3 | 2 | 1,510 | $463 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1971, the property has undergone a complete high-end contemporary remodel within the last 5 years. The interior features mint-condition finishes including custom white oak cabinetry, Taj Mahal waterfall countertops, and updated flooring and fixtures throughout. The systems and exterior, including a newly refinished pool, reflect a property with no immediate maintenance needs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31353, living area = 1844.
The massive 31,000+ sq ft lot offers rare horse privileges and no HOA, featuring a newly refinished pool, putting green, and sports court for a premier outdoor lifestyle.
The interior has been meticulously updated with modern luxury finishes, including custom white oak cabinetry and a dramatic Taj Mahal waterfall island.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With only 1,844 sq ft of living space, the home has a high price-per-square-foot and may feel small relative to the expansive lot and million-dollar price point.
The assigned public schools carry ratings of 4 and 5, which may be a drawback for buyers prioritizing top-tier educational performance.
NO HOA! Remodeled ranch sitting on nearly an acre! This Paradise Ranchitos home is ready for you whether you're an investors or family. Bring your toys, rv garage, casita, endless opportunities with this jumbo sized lot! Inside you will see design grade finishes, Taj Mahal waterfall countertops resting on white oak cabinetry finished off with white GE cafe appliances. Outside you have your refinished pool, putting green, and sports court. So much space left to reimagine to tailor your needs! Inside, a stunning contemporary remodel showcases today's most sought-after finishes, including custom white oak cabinetry, a dramatic Taj Mahal waterfall island.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 1.8 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,844 | - |
| Lot Size | 31,353 | - |
| Price | $990.0K | $495.4K |
| Price per sq ft | $537 | $290 |
| Built year | 1971 | 0 |
| HOA | $0 | $0 |
| Days on market | 97 | 1260 |
May 7, 2026
$990,000
$1,050,000
-6% Price Drop
Initial Listing
Apr 17, 2026
$1,050,000
Initial Listing