
Phoenix, AZ 85018
This Redesigned Arcadia Proper Estate is a Strong Value Opportunity, listed at $4,200,000—positioned well below the $4,467,965 Fair Market Value by 5%. This valuation gap provides $267,965 in Instant Equity. Boasting a Pristine Condition Rating following a comprehensive luxury remodel, the home features a gourmet chef's kitchen, iconic mountain views, and a detached casita on a 2/3-acre lot. Located near top-rated Hopi Elementary, it balances high-end lifestyle with financial upside. This is an ideal acquisition for Luxury Home Seekers or Owner-Occupants prioritizing immediate equity in a premier zip code.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4030 N 54TH Place Subject | $4,200,000* List Price | 5 | 5 | 5,016 | $891 | - |
A 5414 E LAFAYETTE Boulevard Sold | $5,000,000 | 5 | 6 | 5,225 | $957 | 0.1 mi |
B 5414 E LAFAYETTE Boulevard Sold | $5,000,000 | 5 | 6 | 5,150 | $971 | 0.1 mi |
C 5941 E Lafayette Boulevard Sold | $5,375,000 | 5 | 6 | 5,181 | $1,037 | 0.6 mi |
D 3807 N 55TH Place Sold | $3,550,000 | 6 | 5 | 5,178 | $686 | 0.2 mi |
E 5902 E LAFAYETTE Boulevard Sold | $3,295,000 List Price | 5 | 5 | 4,567 | 0.5 mi | |
F 5902 E Lafayette Boulevard Sold | $3,170,000 List Price | 5 | 5 | 4,567 | 0.5 mi | |
G 5714 E LAFAYETTE Boulevard Active | $4,645,000 List Price | 6 | 6 | 5,692 | $816 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone a comprehensive, high-end luxury renovation within the last five years, effectively bringing it to like-new condition. The interior features a gourmet chef's kitchen with premium integrated appliances, custom cabinetry, and a large marble-topped island. The bathrooms are updated with designer fixtures, arched mirrors, and modern vanities. Throughout the home, there are new wide-plank wood floors, recessed lighting, and updated windows and doors, meeting the highest current quality standards with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25578, living area = 5016.
Situated on one of the most picturesque streets in the highly coveted Arcadia Proper neighborhood, this property offers elite curb appeal with mature landscaping and a 2/3-acre lot.
The home has been meticulously redesigned with high-end finishes, featuring a gourmet chef's kitchen, custom cabinetry, a butler's pantry, and all-new windows and doors for a turnkey experience.
With a list price of $4.2 million, the property is positioned at the top of the market, which may lead to a longer days-on-market period given the current luxury inventory.
While the elementary school is highly rated, the assigned middle and high schools carry average ratings of 6 and 5, which may be a consideration for families prioritizing top-tier public education.
Experience the essence of Arcadia Proper charm and character in this timeless redesigned & updated ranch-style home. Boasting exceptional curb appeal, you'll be welcomed by a lush green lawn, a quaint courtyard, and mature trees along one of Arcadia's most picturesque streets. This beautifully redesigned split open floor plan offers 5 bedrooms (3 en-suite), 4.5 bathrooms, attached casita, dedicated office, and a bonus/game room, providing plenty of space for both relaxation and entertainment. The gourmet kitchen is a chef's dream, featuring high-end appliances, expansive center island, custom cabinetry, an eat-in kitchen area and a butlers pantry with an additional refrigerator. High ceilings throughout the main house and a separate casita, the home spans over 5,000 sqft on a generous 2/3- acre lot with an expansive backyard and patio space. An oversized three car garage adds convenience and functionality. The recent redesign & remodel includes: all new finishes throughout, butlers pantry, flooring, custom cabinetry, kitchen, bathrooms, windows, doors, lighting, appliances and more.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 81% |
| Baths | 5.0 | 3.0 | 80% |
| Square foot | 5,016 | 2,715 | 91% |
| Lot Size | 25,578 | 9,936 | 91% |
| Price | $4.20M | $1.20M | 93% |
| Price per sq ft | $837 | $473 | 83% |
| Built year | 1959 | 1961 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 75 | 1537 | 1% |
Feb 10, 2026
$4,200,000
Initial Listing