Located in the highly sought-after Arcadia Osborn neighborhood, this custom-built residence (2017) offers an elevated blend of design, lifestyle, and location--just minutes from Arcadia, Biltmore, and Old Town Scottsdale, and ideally positioned next to Veritas Prep Academy with views of Camelback Mountain. Thoughtfully designed with vaulted ceilings, exposed beams, skylights, and abundant natural light, the home delivers a bright and open feel throughout, complemented by engineered wood flooring that adds warmth and continuity to the space. The great room flows seamlessly into the kitchen and dining spaces, where a built-in wine wall adds both character and functionality--creating an ideal setting for entertaining. The flexible layout includes a secondary primary or bonus suite with its own bathroom, new Andersen sliding doors, and direct access to the backyard--perfect for guests, a private office, or a dedicated poolside retreat. The backyard is designed for true Arizona living, featuring a resort-style pool, expansive paver patio, built-in BBQ, and multiple lounge areas. A custom outdoor fireplace anchors the space, creating a warm and inviting setting for evenings and entertaining. Set within one of Arcadia's most active and evolving pockets, this home offers the rare combination of newer custom construction, thoughtful design, and long-term value at one of the most desirable price points in the area.
Est. $7,770 per month, based on comparable rentals
Sale and tax history for 5401 E Cheery Lynn Rd
Sale History
Tax History
Date
Event
Price
ARMLS #7021614
Jun 11, 2026
Sold
$2,000,000
$754/sq ft
May 12, 2026
Contingent
—
May 7, 2026
Listed
$2,100,000
$791/sq ft
ARMLS #6585885
Sep 18, 2023
Sold
$1,825,000
$688/sq ft
Aug 11, 2023
Pending
—
Jul 28, 2023
Contingent
—
Jul 18, 2023
Listed
$1,865,000
$703/sq ft
+74
Introducing a stunning home, built in 2017, located in the coveted Arcadia Osborne neighborhood of Phoenix, Arizona. This modern abode boasts vaulted ceilings adorned with elegant beams, accompanied by skylights that flood the interior with abundant natural light, creating an inviting atmosphere. The kitchen is a chef's delight, featuring granite counters and marble islands, complemented by a walk-in pantry and luxury appliances to enhance culinary experiences. Not to be overlooked, a custom wine wall adds a touch of sophistication and charm. Moving through the main living area, you'll find the seamless flow of engineered hardwood floors, offering both durability and beauty. Bedrooms are graced with plush carpets, ensuring comfort and warmth. The primary suite is a retreat within itself, offering a walk-in closet, steam shower, and a soaking tub, providing a luxurious escape after a long day. Custom window shades throughout the home allow for privacy and light control, catering to your every preference. Step outside to the backyard oasis, where a beautiful pool sparkles, inviting you to take a refreshing dip. The expansive outdoor patio beckons for gatherings and relaxation, while a wood-burning fireplace adds a cozy touch to chilly evenings. This home presents an exceptional opportunity to experience a blend of modern luxury and comfort, nestled in a sought-after neighborhood in Phoenix, Arizona. Don't miss the chance to make it your own and indulge in the finest of Arizona living.
ARMLS #5447418
Aug 12, 2016
Sold
$387,000
$146/sq ft
Aug 4, 2016
Pending
—
Jul 5, 2016
Contingent
—
Jun 26, 2016
Price Changed
$400,000
$151/sq ft
Jun 26, 2016
Relisted
—
Jun 13, 2016
Contingent
—
May 24, 2016
Listed
$435,000
$164/sq ft
+13
Perfect move in ready, remodel opportunity or complete new development project! This private arcadia location could not be situated in a better spot! Mountain views of Camelback & Papago, short walk to Ingleside Junior High and Great Hearts Academy, and a short walk or bike ride to Arizona Country Club. Huge 11,314 square foot lot with private pool and covered patio. The home has been updated with custom granite counter tops and Manchurian Walnut Oak hard wood flooring(50 year warranty). Pool appears to be in good condition! Got very dirty from recent storm and has not been cleaned yet!
ARMLS #1966945
Jun 27, 2003
Sold
$291,000
$110/sq ft
Apr 18, 2003
Listed
$299,900
$113/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,750 (+5.2%)
2024
$5,465 (−8.0%)
2023
$5,943 (+4.3%)
2022
$5,700 (−3.5%)
$19,210 + $76,850
$96,060
2021
$5,907 (+1.5%)
$19,750 + $79,000
$98,750
2020
$5,820 (+3.9%)
$19,300 + $77,230
$96,530
2019
$5,602 (+4.0%)
$15,530 + $62,130
$77,660
2018
$5,387 (+114.7%)
$15,530 + $62,130
$77,660
2017
$2,509 (+2.8%)
$8,570 + $34,300
$42,870
2016
$2,441 (+8.8%)
$7,760 + $31,060
$38,820
2015
$2,244 (+2.5%)
$7,370 + $29,490
$36,860
2014
$2,189 (+7.2%)
$5,430 + $21,720
$27,150
2013
$2,041 (−4.6%)
$4,570 + $18,300
$22,870
2012
$2,140 (−10.4%)
$4,940 + $19,770
$24,710
2011
$2,389 (−1.9%)
$5,860 + $23,460
$29,320
2010
$2,436 (−11.9%)
$6,530 + $26,140
$32,670
2009
$2,765
$8,120 + $32,490
$40,610
Public record
Public record
Zoning
Beds
—
Baths
5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.26 Acres
Year renovated
—
Sq. Ft.
2,654
Year built
2017
Style
Single Family Residential
County
Maricopa County
APN
12826003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 4, 2026.
R-3
Multifamily Residence District
The purpose of the multifamily residence districts is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes.; The density ranges offered are intended to allow for a greater interaction of residents with at least the opportunity for less individual maintenance, unit cost, and size as compared with a conventional single-family residence.; The design options of average lot subdivision, planned residential and single-family attached development are intended to provide flexibility as to unit placement, variable yard requirements, more reasonable and practical use of open spaces, staggered height limits up to three and four stories and more standardized parking and street improvement requirements. Bonus provisions are intended to facilitate and enhance the utilization of smaller infill parcels as well as unusual and irregular parcels throughout the City.; Along with the freedom that the multifamily district offers are certain responsibilities which must be met for project residents, but more importantly for the overall adjacent neighborhood. These are expressed in terms of standards and performance criteria. The standards internal to a project are intended to increase livability with amenities including landscaping, recreational facilities and project design. On the other hand the exterior standards provide a better fit, [and] better the project and the neighborhood environs. Criteria relating to setbacks, screening and landscaping are intended to reduce noise, maintain privacy and minimize psychological feelings to a change in development character and avoid any adverse effect on property values.
Permitted uses
Include but are not limited to:
Religious facility
Public service
Educational/school
Property details
Parking
Parking Information
Open Parking Spaces: 2
Covered Spaces: 2
Parking Features: Attch'd Gar Cabinets, Electric Vehicle Charging Station(s)
Garage Information
Garage Spaces: 2
Interior
Virtual Tour Information
Kitchen Information
Built-in Microwave: Yes
Kitchen Island: Yes
Non-laminate Counter: Yes
Walk-in Pantry: Yes
Bathroom Information
Bathrooms Full: 3
Bathrooms Half: 1
Bathrooms (Total Integer): 4
Bedroom Information
Yes
Bedrooms (Possible): 5
Heating & Cooling
Has Heating
Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
Has Cooling
Heating: Electric, Natural Gas
Interior Features
Appliances: Refrigerator, Dishwasher
Interior Features: High Speed Internet, Smart Home, Granite Counters, Double Vanity, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
Window Features: Skylight(s), Dual Pane
Flooring: Carpet, Tile, Wood
LaundryFeatures: Inside
Exterior
Pool Information
Private Pool
Exterior Features
Construction Materials: Brick Veneer, Stucco, Wood Frame, Painted
Exterior Features: Storage, Built-in Barbecue
Fencing: Block
Roof: Composition
Property Information
Ownership: Fee Simple
View: Mountain(s)
Property Sub Type: Single Family Residence
Lot Information
Lot Size Area: 11,314
Lot Size Source: Assessor
Lot Features: Sprinklers In Rear, Sprinklers In Front, Alley, Desert Back, Desert Front, Grass Front, Grass Back
Building Information
Building Area Source: Assessor
Financial
Tax Information
Tax Annual Amount: $5,750
Tax Year: 2025
Location
HOA Information
Association Fee Includes: No Fees
School Information
Middle Or Junior School: Ingleside Middle School
High School: Arcadia High School
High School District: Scottsdale Unified District
Elementary School: Tavan Elementary School
Elementary School District: Scottsdale Unified District
Location Information
Directions: South on 56th St, West on Osborn, South on 54th St, Home is on corner of 54th st and Cheery Lynn(south east side)
Utility Information
Sewer: Public Sewer
Public facts
Beds: —
Baths: 5.0
Sq. Ft.: 2,654
Stories: 1.0
Lot Size: 0.26 acres
Style: Single Family Residential
Year Built: 2017
Year Renovated: —
County: Maricopa County
APN: 12826003
Home facts updated by county records on Aug 4, 2026
Other
Listing Information
Water Source: City Water
Around this home
Schools
Tavan Elementary School
Public PreK-5 • Assigned • 1.0mi
9/10
Ingleside Middle School
Public 6-8 • Assigned • 0.2mi
7/10
Arcadia High School
Public 9-12 • Assigned • 1.1mi
9/10
Provided by GreatSchools
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