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.
Single-familyProperty Type
1960Year Built
10,855 sq ftLot Size
$573Price/Sq.Ft.
2 garage spacesParking
Listed by Michelle Arzac• Keller Williams Integrity First Realty
Listed by Joel McKinney• Keller Williams Integrity First Realty
Arcadia, located between Camelback Mountain and the Arizona Canal, is a residential and resort-adjacent Phoenix neighborhood with citrus-grove roots and wide, palm-lined streets. The character concentrates around the Arcadia Lite stretch of East Indian School Road near 44th Street, where patios, coffee counters, and chef-driven dining keep the sidewalks active. Ranch homes and mid-century builds sit beside newer contemporary remodels, with views that tilt toward Camelback’s slopes. La Grande Orange Grocery & Pizzeria and Postino Arcadia act as local fixtures for casual meetups. The Arizona Canal path adds a linear ribbon for walking and cycling, linking pockets of shops and parks. The Royal Palms Resort and Spa lends a quiet, historic resort atmosphere at the neighborhood’s edge.
Provided by Walk Score and Local Logic
Market insights
5541 E Cheery Lynn Rd · $1,025,000
DAYS ON MARKET
178 days
The average home goes pending in 66 days.
SALE-TO-LIST
98.0%
Most homes are selling 2% below list price.
LIST PRICE
$1,025,000
Median sale price in this area is $497,368. (51% lower than this home)
PRICE DROP
1 price drop
23% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Non-laminate counters
High-speed internet
Eat-in kitchen
9+ foot flat ceilings
Furnished (see remarks)
No interior steps
Kitchen island
Master bedroom with 3/4 bath
Dual-pane, ENERGY STAR qualified vinyl frame windows
Solar tubes
Low-flow plumbing fixtures
Tile flooring
Bedrooms
Up to 4 bedrooms
Bathrooms
2 full bathrooms
Kitchen
Built-in microwave
Dishwasher
Disposal
Electric cooktop
Built-in electric oven
Refrigerator
Laundry & utility
Washer and dryer included
Laundry inside
Flooring
Tile
Heating & cooling
Natural gas heating
Central air
Ceiling fans
HVAC with SEER rating
ENERGY STAR qualified equipment
Programmable thermostat
Exterior features
Private heated pool and above-ground private spa
Pool suitable for play
Desert front and desert back landscaping
Auto-timer irrigation front and back
Corner lot with alley access
North/south exposure
City-maintained road
Home design
Single-family residence
Fee simple ownership
Mountain views
Parking
2 covered spaces
2 open parking spaces
Attached 2-car garage with garage door opener
Temperature-controlled garage
Construction
Built with wood siding and block
Blown cellulose insulation
Painted exterior
Composition and rolled/hot mop roofs
Utilities
City water
Public sewer connected
HOA & community
No association fees
Electricity and solar
View estimated energy costs and solar savings for this home
Back on the market! Welcome to your new updated 4 bedroom 2 bath home. No expense was spared on the high end interior finishes including quartz counters, large center island with microwave drawer and designer tile herringbone backsplash. Enjoy the fully remodeled bathrooms, frameless glass shower doors and a generous sized laundry room. From the open concept floor plan, new roof and updated electrical you will not be disappointed. Relax by your sparkling heated pool with a beautiful water feature. Sit by the open air fire pit and enjoy views of the Papago Buttes and Camelback Mountain. Enjoy the convenience of Arcadia Park, Starbucks, Veritas Academy and many local eateries. This home can be yours fully furnished to live in or maintain the lucrative rental program.Come see today!
ARMLS #5721302
May 16, 2018
Sold
$530,000
$296/sq ft
Apr 14, 2018
Contingent
—
Apr 6, 2018
Price Changed
$540,000
$302/sq ft
Mar 23, 2018
Price Changed
$545,000
$304/sq ft
Feb 8, 2018
Listed
$550,000
$307/sq ft
+49
Come fall in love with this Incredible newly renovated 4 bedroom Arcadia home. The exterior combines a current 2018 feel with the classic look and charm of the neighborhood. No expense was spared on the high end interior finishes, offering an entertaining kitchen & living space, quartz counters, large center island with microwave drawer, slide-In range w/ burner and oven controls up front, designer tile herringbone backsplash, fully remodeled bathrooms, freestanding soaking tub and frameless glass shower doors, generous sized laundry room with cabinets and folding space, Vivint smart home system and full length backyard patio . NEW LOW E DUAL PANE WINDOWS. 10,855 square foot lot with plenty of room for a pool or RV gate. Around the corner from Veritas Preparatory Academy. Minutes from Kitchen 56 and other local eateries. Downtown Scottsdale close by with a an abundance of shopping, dining and entertainment options.
Public Records
Aug 2, 2017
Sold
$365,000
$204/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,875 (+4.7%)
2024
$1,791 (+2.0%)
2023
$1,755 (+4.3%)
2022
$1,683 (−3.5%)
$7,950 + $31,810
$39,760
2021
$1,744 (+1.5%)
$8,990 + $35,970
$44,960
2020
$1,718 (+18.8%)
$9,810 + $39,240
$49,050
2019
$1,446 (+3.3%)
$8,370 + $33,510
$41,880
2018
$1,401 (+5.4%)
$8,370 + $33,510
$41,880
2017
$1,329 (+2.8%)
$7,740 + $30,960
$38,700
2016
$1,292 (+8.7%)
$5,630 + $22,550
$28,180
2015
$1,188 (+4.7%)
$4,800 + $19,220
$24,020
2014
$1,135 (−2.9%)
$2,660 + $10,660
$13,320
2013
$1,169 (−18.5%)
$2,620 + $10,480
$13,100
2012
$1,434 (−22.4%)
$3,310 + $13,250
$16,560
2011
$1,847 (−6.8%)
$4,530 + $18,140
$22,670
2010
$1,982 (−4.4%)
$5,310 + $21,270
$26,580
2009
$2,074
$6,370 + $25,510
$31,880
Public record
Public record
Zoning
Permits
Beds
—
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
10,855 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,790
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,790
Year built
1960
Style
Single Family Residential
County
Maricopa County
APN
12826057
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 8, 2026.
R1-14
Residential District-One-Family Residence
The R1-14, One-Family Resident [Residence] District, is a district of single-family homes designed to maintain, protect, and preserve a character of development on lots with minimum area of 14,000 sq ft and with not more than one dwelling unit and customary accessory building upon one lot. Dwelling groups shall also be allowed in the districts on certain lots of excessive size, then developed consistent with the character of adjacent residential uses in the district.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Other
Infrastructure
Office-Other
Educational/school
Recreation
Park & open space
Oct 17, 2018 • Final
Residential permits
Pool and hot tub
Sep 6, 2018 • Final
Residential permits
Demolition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Local insights from Redfin agents
The Biltmore area is where Phoenix goes to dress up a little—palm-lined streets, beautiful homes, great restaurants, upscale shopping, and just enough golf carts to remind you that leisure is taken seriously here. It’s sophisticated without being...
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 111° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Phoenix, AZ • 85018
Average low and high temperatures (°F)
67
44
76
52
82
58
84
61
92
69
103
79
104
82
105
83
99
78
90
65
75
51
72
47
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 8% for direct sun exposure in Phoenix. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.7 hrs
7.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5541 E Cheery Lynn Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $600,000 and $1,000,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $600K to $1.0M.