4408 N 37TH Way, Phoenix, AZ 85018, Phoenix, 85018 - 4 bed, 5 bath
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4408 N 37TH Way
Phoenix, AZ 85018
ACTIVE
CONDITION: EXCELLENT
4Beds
5Baths
3,090Sq Ft
9,974Lot Size
Property Price
LIST PRICE$2,575,000
EST. MARKET VALUE
$2,262,663
13% AboveMARKET VALUE
SUMMARY
This Modern Farmhouse is a Strong Value Opportunity, listed at $2,575,000—positioned well above the $2,262,664 Fair Market Value by -13%. Featuring an Excellent Condition Rating, this 2018-built residence offers a rare single-level layout, high-end chef’s kitchen, and premium cul-de-sac privacy. While the local high school rating is modest, the home’s luxury finishes and exclusive gated community setting provide significant lifestyle appeal. This property is an ideal acquisition for discerning luxury buyers or owner-occupants seeking a turnkey, low-maintenance sanctuary in a prestigious Phoenix enclave.
Estimated Market Value
$2,262,663
Based on Realkey algorithm analyzing recent comparable sales in Phoenix.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4408 N 37TH Way Subject | $2,575,000* List Price | 4 | 5 | 3,090 | $732 | - |
A 3714 E SELLS Drive Sold | $2,475,000 | 4 | 5 | 3,090 | $801 | 0.1 mi |
B 4541 N 39TH Street Sold | $2,360,000 | 5 | 4 | 3,260 | $724 | 0.3 mi |
C 3530 E GLENROSA Avenue Sold | $2,050,000 | 4 | 5 | 3,256 | $630 | 0.3 mi |
D 3530 E GLENROSA Avenue Sold | $2,050,000 | 4 | 5 | 3,295 | $622 | 0.3 mi |
E 3530 E GLENROSA Avenue Sold | $2,050,000 | 4 | 5 | 3,295 | $622 | 0.3 mi |
F 4517 N 39TH Street Sold | $2,450,000 | 4 | 4 | 3,174 | $772 | 0.3 mi |
G 4223 N 41ST Place Sold | $2,224,000 | 5 | 5 | 3,685 | $604 | 0.6 mi |
H 3507 E Coolidge Street Sold | $2,335,000 | 4 | 4 | 2,856 | $818 | 0.4 mi |
I 3715 E Sells Drive Active Under Contract | $2,600,000 List Price | 4 | 5 | 3,090 | $841 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2018, this property is less than 10 years old and in mint condition. The chef's kitchen features high-end Wolf appliances and stone countertops, and the bathrooms display modern designer finishes. All systems and structural elements are contemporary, requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Rare Single-Level Layout
As one of only four single-level residences in an exclusive 16-home gated community, this property offers a highly sought-after and accessible floor plan that is rare for the neighborhood.
- Premium Modern Farmhouse Finishes
Built in 2018, the home features high-end designer aesthetics including soaring ceilings, exposed beams, wide-plank wood flooring, and a chef’s kitchen with an oversized stone island.
- Prime Cul-de-Sac Location
Situated on a premium cul-de-sac lot within the gated Sycamore community, the property provides enhanced privacy, safety, and a quiet residential atmosphere in a prestigious Phoenix enclave.
CONSRISKS & DEFICIENCIES
- School District Ratings
The assigned high school carries a low rating of 3/10, which may be a significant deterrent for families prioritizing top-tier public education and could impact future resale liquidity.
- High Association Fees
The association fee of $875 represents a substantial recurring carrying cost that may be viewed unfavorably by buyers comparing similar luxury properties in the area.
About 4408 N 37TH Way
Located in The Sycamore, an exclusive gated community of just 16 homes, this semi-custom modern farmhouse sits on a premium cul-de-sac lot. One of only four single-level homes in the neighborhood, this 4-bedroom, 4.5-bath residence offers over 3,000 sq. ft. of thoughtfully designed living space. Soaring ceilings, wide-plank wood flooring, exposed beams, shiplap accents, and designer finishes create timeless appeal. The chef's kitchen features custom wood cabinetry, stone countertops, and an oversized island. The spacious primary suite includes a spa-like bath and expansive walk-in closet, while each guest suite offers its own ensuite bath and walk-in closet. Enjoy multiple patios, a built-in BBQ, herb garden, 3-car garage, and an exceptional cul-de-sac location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2018
- Lot Size
- 9,974 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $875 / Month
Neighborhood Insights
Phoenix Unified Schools
Biltmore Preparatory Academy
Grades K-8 • 0.6 mi
6/10
Camelback High School
Grades 9-12 • 1.3 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 3,090 | 1,850.5 |
| Lot Size | 9,974 | 7,313 |
| Price | $2.58M | $481.7K |
| Price per sq ft | $833 | $289 |
| Built year | 2018 | 1987 |
| HOA | $875 | $175 |
| Days on market | 17 | 757 |
Pricing History
Listed for Sale
Jul 31, 2026
$2,575,000
Initial Listing