$1,250,000
Phoenix, AZ 85018
MLS# 7088473
3 beds | 2 baths
1 / 8
Property Description
Perfect Arcadia Opportunity - Remodel or Build Your Dream Home! Nestled in the premier Arcadia area, this generous, oversized quarter-acre lot is tucked away in a peaceful, low-traffic cul-de-sac and offers a blank canvas for your dream home in one of Phoenix's most desirable and charming neighborhoods. The lot currently has its original 1958 home that is ready to be reimagined, or clear it to build your custom luxury home from the ground up. This premium property combines generous space, a prime location, and access to excellent schools with the coveted Arcadia lifestyle that places you minutes away from elite dining, upscale shopping, Old Town Scottsdale, the Biltmore area and the airport. Don't miss your chance to secure this premium lot in this iconic neighborhood. Sold as-is.
Details
Maps
Contract Information
List Price: $1,250,000
Status: Active
Current Price: $1,250,000
List Date: 2026-10-01
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 5047
Compass: E
Street Name: CHEERY LYNN
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85018
Zip4: 6551
Country: US
County Code: Maricopa
Assessor Number: 128-18-044
Subdivision: OSBORN ESTATES 2
Tax Year: 2025
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 3
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 2297
Price/SqFt: 544.19
Horses: N
Builder Name: UNK
Year Built: 1958
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 11552
Approx Lot Acres: 0.265
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Elementary School: Tavan Elementary School
Jr. High School: Ingleside Middle School
High School: Arcadia High School
Remarks Misc
Cross Street: E. Osborn Rd. and N. 50th Place
Directions: At 56th Street and Indian School Rd head south on 56th Street, turn right (west) onto E. Osborn Road, Continue west on E. Osborn Road and then turn left (south) onto N. 50th Place, then turn left on E. Mulberry Dr., continue straight on 50th Place, passing Flower St., and then turn left into the E. Cheery Lynn Rd. cul-de-sac and property will be on your right.
Geo Lat: 33.484243
Geo Lon: -111.971999
Legal Info
Township: 2N
Range: 4E
Section: 29
Lot Number: 44
Basement
Basement Y/N: N
Parking Spaces
Carport Spaces: 2
Slab Parking Spaces: 2
Total Covered Spaces: 2
Showing Notification Methods
Showing Service: No Showing Service Used
DPR Eligible
DPR Eligible: No
Property Features
Special Listing Cond: N/A
Master Bathroom: Full Bth Master Bdrm
Spa: None
Dining Area: Formal
Kitchen Features: Electric Oven; Electric Range
Laundry: None
Construction: Wood Frame
Const - Finish: Board & Batten Siding; Brick Veneer
Roofing: Composition
Cooling: Central Air
Heating: Ceiling
Utilities: SRP
Water Source: City Water
Sewer: Sewer - Public
Fencing: Block
Landscaping: Dirt Front; Dirt Back
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Possession: Close of Escrow
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash
Disclosures: Seller Discl Avail
Listing Office: Goldwater Real Estate Advisors
Office Phone: 602-568-8550
Office Email: [email protected]
Last Updated: October - 03 - 2026
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