Welcome to this beautifully updated 4 bedroom, 2 bathroom home in the heart of Arcadia, where style, comfort, and income potential come together. This active and highly successful short term rental has been thoughtfully designed with high end furnishings and standout amenities, making it an exceptional opportunity for both investors and owner occupants.
Inside, no expense was spared. The open concept floor plan features quartz countertops, a massive center island with microwave drawer, designer herringbone tile backsplash, and tile flooring extended throughout the entire home for a clean, cohesive, low maintenance look. The kitchen opens seamlessly to the living and dining spaces, creating the perfect setup for entertaining guests or everyday living.
The fully remodeled bathrooms off clean, upscale finishes including frameless glass shower enclosures, modern vanities, and a fresh luxury feel. Each bedroom is well appointed with stylish furnishings and designer touches, and the property is being offered as a turnkey, fully furnished short term rental, with the furnishings available on a separate bill of sale for a buyer who wants to continue operating it as an income producing property.
One of the standout features is the cooled garage game room, complete with a brand new mini split and a fun mix of classic arcade nostalgia and new age entertainment. This unique space adds serious guest appeal and creates an experience that sets the property apart. Outside, enjoy Arizona living at its best with a sparkling heated pool, beautiful water feature, open air fire pit, and a brand new hot tub just added for even more guest appeal. Take in views of Papago Buttes and Camelback Mountain while relaxing in your private backyard retreat.
Additional upgrades include a new roof, updated electrical, and a generous laundry room. Located near Arcadia Park, Starbucks, Veritas Academy, popular restaurants, shopping, hiking, and more, this home offers the perfect blend of convenience and destination appeal.
Whether you are looking for a full time residence, a second home, or a proven income producing property, this one checks every box.
For sale
$1,050,000
5541 E CHEERY LYNN Road, Phoenix, AZ 85018
4beds
1,790sqft
Est.:
Single Family Residence
Built in 1960
10,855 Square Feet Lot
$-- Zestimate®
$587/sqft
$-- HOA
What's special
Sparkling heated poolModern vanitiesBrand new hot tubOpen concept floor planBeautiful water featureFully remodeled bathroomsDesigner herringbone tile backsplash
- 27 days |
- 2,357 |
- 92 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Michelle Arzac 480-939-1123,
Keller Williams Integrity First,
Joel K McKinney 480-299-2458,
Keller Williams Integrity First
Source: ARMLS,MLS#: 7004001

Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Cooling
- HVAC SEER Rating, Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thmstat
Appliances
- Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Cooktop, Built-In Electric Oven
- Laundry: Inside
Features
- Non-laminate Counter, High Speed Internet, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, 3/4 Bath Master Bdrm
- Flooring: Tile
- Windows: Double Pane Windows, ENERGY STAR Qualified Windows, Vinyl Frame
- Has basement: No
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 1,790
- Total interior livable area: 1,790 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Garage Door Opener, Temp Controlled
- Attached garage spaces: 2
- Uncovered spaces: 2
Features
- Stories: 1
- Patio & porch: Covered
- Has private pool: Yes
- Pool features: Play Pool, Heated
- Has spa: Yes
- Spa features: Above Ground, Heated, Private
- Fencing: Block
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 10,855 Square Feet
- Features: North/South Exposure, Alley, Corner Lot, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back
Details
- Parcel number: 12826057
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Siding, Blown Cellulose, Painted, Block
- Roof: Composition
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Green energy
- Energy efficient items: Solar Tubes
- Water conservation: Low-Flow Fixtures
Community & HOA
Community
- Subdivision: ELM TREE ESTATES
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $587/sqft
- Tax assessed value: $690,000
- Annual tax amount: $1,875
- Date on market: 3/25/2026
- Cumulative days on market: 27 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Listed for sale | $1,050,000+12.3%$587/sqft |
Source: | ||
| 8/15/2025 | Sold | $935,000-1.6%$522/sqft |
Source: | ||
| 5/23/2025 | Listed for sale | $949,999+79.2%$531/sqft |
Source: | ||
| 4/30/2020 | Listing removed | $4,500$3/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/28/2020 | Price change | $4,500+36.4%$3/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/27/2020 | Price change | $3,300+10%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/25/2020 | Listed for rent | $3,000$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 5/16/2018 | Sold | $530,000-1.9%$296/sqft |
Source: | ||
| 4/6/2018 | Price change | $540,000-0.9%$302/sqft |
Source: Realty ONE Group #5721302 Report a problem | ||
| 3/23/2018 | Price change | $545,000-0.9%$304/sqft |
Source: Realty ONE Group #5721302 Report a problem | ||
| 2/9/2018 | Listed for sale | $550,000+50.7%$307/sqft |
Source: Realty ONE Group #5721302 Report a problem | ||
| 8/2/2017 | Sold | $365,000$204/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,863 +4.7% | $69,000 -13.5% |
| 2024 | $1,780 +2% | $79,760 +286% |
| 2023 | $1,744 +3.6% | $20,664 -48% |
| 2022 | $1,683 -2.1% | $39,760 -11.6% |
| 2021 | $1,718 +18.8% | $44,960 -8.3% |
| 2020 | $1,446 +3.3% | $49,050 +17.1% |
| 2019 | $1,401 | $41,880 +0.4% |
| 2018 | $1,401 +5.4% | $41,700 +7.8% |
| 2017 | $1,329 +11.8% | $38,700 +37.3% |
| 2016 | $1,188 +4.7% | $28,180 +17.3% |
| 2015 | $1,135 | $24,020 +80.3% |
| 2014 | -- | $13,320 +1.7% |
| 2013 | -- | $13,100 -20.9% |
| 2012 | -- | $16,560 -27% |
| 2011 | -- | $22,670 -14.7% |
| 2010 | -- | $26,580 -16.6% |
| 2009 | -- | $31,880 -10.7% |
| 2008 | -- | $35,700 +14.1% |
| 2007 | -- | $31,300 +66.9% |
| 2006 | -- | $18,750 |
| 2005 | -- | $18,750 +45.9% |
| 2004 | -- | $12,850 |
| 2003 | -- | $12,850 -1.2% |
| 2002 | -- | $13,000 |
Find assessor info on the county website
Monthly payment
Est. payment
$5,579/mo
Principal & interest
$5220
Property taxes
$359
More affordability tools
Climate risks
Neighborhood: Camelback East
Nearby schools
GreatSchools rating
- 9/10Tavan Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 6/10Ingleside Middle SchoolGrades: 6-8Distance: 0.3 mi
- 9/10Arcadia High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Tavan Elementary School
- Middle: Ingleside Middle School
- High: Arcadia High School
- District: Scottsdale Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Maricopa County
- Phoenix
- 85018
- Camelback East
- 5541 E CHEERY LYNN Road




