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Sold for $5,100,000 on 06/28/24
  • $5,100,000

    1550 N 40th St UNIT 14, Mesa, AZ 85205

    7beds
    10baths
    14,322sqft
    Single Family Residence
    Built in 2004
    1.08 Acres Lot
    $4,974,600 Zestimate®
    $356/sqft
    $5,101 Estimated rent

    What's special

    UNBELIEVABLE OPPORTUNITY! ONLY $418.59 per square foot - FURNISHED! This is a must experience gated Mediterranean estate situated on a secluded lot in the gated community of El Portillo. This is an entertainer's dream designed for resort-syle living. Drive through the rosebush hedges and a grand gate will welcome you to the motor courtyard where you'll find yourself on vacation in a beautiful foreign country. The sights, the sounds and the smells are heavenly. After you tour the fountain and flower gardens and make your way to the grand entry, you will be welcomed into a gorgeous foyer with 20+' ceilings, a grand staircase and a formal living room built for a king with views of the majestic backyard which has over 1200 sq ft of covered patios, a gorgeous fountain that... trails down to the playful grass area, a lush formally landscaped sanctuary with an all tile pool, a large ramada with sitting area, outdoor fireplace and other fun features! Plan weddings, proms, graduations, business meetings or neighborly get-togethers in this completely private tree lined private estate. Inside you will find 14,322 square feet of pure luxury. The main floor has the Majesty's bedroom with a hand carved cantera fireplace, a large luxurious bathroom and access to a private patio and even has a banana tree. Nearby is a stately wood encased den/library and access to 4 of the 9 car garages. The formal living room is magnificent with hand painted ceilings, hand-carved cantera stone pillars & fireplace, custom made furnishings with room for a grand piano. Around the corner is a chef's kitchen and dining room that is elegant and complete with ambient fireplace and incredible ceilings and cabinetry detail, a large stone covered island, two Miele dishwashers, two built in ovens, two warming drawers, newer Dacor gas cooktop, two microwaves and built-in fridge/freezer. The formal dining room with its own ice maker, cabinetry and pantry, is adjacent to the built-in barbecue and "Little Italy" lushly landscaped private patio with party lights. The main level also includes a large family room, a giant game room, pool bath, and large exercise room off the patio. Don't miss the 15 person home theater with AMC like acoustics and electronics! The owner recently paid nearly $1m for electronics, sound and security systems throughout the home! Upstairs you will enter into a grand ballroom-like game room/second family room with an adult engineered slide where you can quickly meander and slide down to the first floor's game room and patio. The second floor is enchanted with hotel-like amenities - including a 2nd romantic primary bedroom with two sitting rooms, fireplace and picturesque balcony. The primary bath is fit for a queen with large mirrored vanities, a jet tub big enough for two, a beautiful see through shower with many shower heads and body sprays, not to mention the glass lined cabinets in the walk-in closets w/ a convenient stackable washer & dryer. With its spaciousness, high ceilings, and gorgeously appointed detail, it feels like a spa retreat. There are a total of 7 bedrooms (5 master suites including sitting areas, walk-in closets and grand en-suite bathrooms). There are numerous balconies on the second level all with great views of the stately yard and when doors or windows are open you can listen to the water splashing in the fountains or music playing inside and out. The backyard has plenty of areas to entertain, and the owner has hosted parties with over 400 guests. 7 Energy-Efficient HVAC Systems all less than 3 years old and newer Ruud energy efficient Water Heaters. This is the only lot in the community that has no neighbors boarding their lot. It is a gated private estate inside a gated luxury neighborhood. The backyard has its own private gate to directly access the community tennis court, basketball court and park area. Don't miss this opportunity of a lifetime - homes like this are 2 to 4 times more expensive in Scottsdale or Paradise Valley.

    Zillow last checked: 7 hours ago

    Listing updated: July 08, 2025 at 12:27pm

    Listed by:

    Shanna Day 480-415-7616,

    Keller Williams Realty Phoenix

    Bought with:

    Natalie Licea, SA565705000

    LPT Realty, LLC

    Source: ARMLS,MLS#: 6707919MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 10
    Heating
    • ENERGY STAR Qualified Equipment, Electric
    Cooling
    • Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thmstat
    Appliances
    • Included: Gas Cooktop
    Features
    • High Speed Internet, Smart Home, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Kitchen Island, Pantry, Full Bth Master Bdrm
    • Flooring: Carpet, Stone, Wood
    • Windows: Skylight(s), Double Pane Windows
    • Has basement: No
    • Number of fireplaces: 3
    • Fireplace features: 3+ Fireplace, Exterior Fireplace, Living Room, Master Bedroom, Gas
    • Furnished: Yes
    Interior area
    • Total structure area: 14,322
    • Total interior livable area: 14,322 sqft

    Property

    Parking
    • Total spaces: 13
    • Parking features: Gated, Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets, Over Height Garage, Storage
    • Garage spaces: 9
    • Uncovered spaces: 4
    Features
    • Stories: 2
    • Patio & porch: Patio
    • Exterior features: Playground, Balcony, Private Yard, Built-in Barbecue
    • Has private pool: Yes
    • Pool features: Play Pool, Heated, Private
    • Spa features: None, Bath
    • Fencing: Block
    Lot
    • Size: 1.08 Acres
    • Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
    Details
    • Additional structures: Gazebo
    • Parcel number: 14131071

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame, Painted, Stone
    • Roof: Tile,Foam
    Condition
    • Year built: 2004

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water
    • Utilities for property: Sewer Connected

    Community & neighborhood

    Security
    • Security features: Fire Sprinkler System, Security System Owned
    Community
    • Community features: Gated, Tennis Court(s)
    Location
    • Region: Mesa
    • Subdivision: CITRUS MANOR aka El Portillo

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $800 quarterly
    • Services included: Maintenance Grounds, Street Maint
    • Association name: Snow Prop Services
    • Association phone: 480-635-1133

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    Services availability
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    Estimated market value

    $4,974,600