4017 N 40TH Street 1, Phoenix, AZ 85018, Phoenix, 85018 - 3 bed, 4 bath
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Phoenix, AZ 85018
Analysis of 4017 N 40TH Street 1, Phoenix, AZ 85018 is currently available with a list price of $1,025,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Built in 2018, this property is less than 10 years old and remains in mint condition. The kitchen and bathrooms feature modern, high-end finishes, and the home includes updated systems such as spray foam insulation and dual-pane low-E windows, requiring no maintenance.
Situated in the heart of the highly desirable 85018 zip code, this property offers rare walkability to premier dining and retail destinations like LGO, The Vig, and The Porch.
Built in 2018, the home features 11-foot ceilings, en suite bathrooms for every bedroom, and superior energy efficiency with spray foam insulation and dual-pane low-E windows.
The open great room is complemented by a chef’s kitchen with a gas cooktop, a massive walk-in pantry, and a built-in wet bar, making it ideal for hosting guests.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2159, living area = 2252.
With a lot size of only 2,159 square feet, the private outdoor space is minimal, which may not appeal to buyers seeking a traditional large backyard.
The assigned public schools are rated between 5 and 6, which may be a consideration for families prioritizing top-tier educational districts in this price bracket.
Newer construction in the heart of 85018, steps from some of the best dining and walkable retail in the valley. This is a 3-bedroom, 3.5-bath single family home with a private backyard, two-car garage, and finishes you simply don't find at this price point. Inside, 11-foot ceilings and an open great room set the tone. The kitchen is built for entertaining: gas cooktop, wall oven, massive walk-in pantry, and a large island. A built-in wet bar with wine fridge keeps the main floor ready for guests. Every bedroom has its own en suite bathroom. The primary suite adds a large walk-in closet, double vanity, and a private water closet. A dedicated office adds flexibility without sacrificing bedroom count. Spray foam insulation, recirculation pump, dual-pane low-E windows, and a two-car CLICK MO garage round out a home that is as well-built as it looks. Low-maintenance private outdoor space and a low HOA make this an easy lock-and-leave. Walkable to the Vig, the Porch, and LGO.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,252 | - |
| Lot Size | 2,159 | - |
| Price | $1.02M | $495.4K |
| Price per sq ft | $455 | $290 |
| Built year | 2018 | 0 |
| HOA | $175 | $0 |
| Days on market | 62 | 1260 |
Jun 26, 2026
$1,025,000
$1,050,000
-2% Price Drop
Initial Listing
Jun 6, 2026
$1,050,000
$1,100,000
-5% Price Drop
Initial Listing
May 21, 2026
$1,100,000
Initial Listing