● For sale

$1,050,000

5541 E CHEERY LYNN Road, Phoenix, AZ 85018

ELM TREE ESTATES · Maricopa County

4 beds 2 baths 1,790 sqft 0.25 acres Built 1960 $587 /sqft No HOA
67 days on market

What's special

  • Mountain(s) views
  • 2-car garage
  • No HOA

Description

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.

Property details

Interior

Bedrooms

  • Bedrooms: 4

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Interior Features

  • 3/4 Bath Master Bdrm
  • Eat-in Kitchen
  • Kitchen Island
  • Non-laminate Counter
  • High Speed Internet
  • 9+ Flat Ceilings
  • No Interior Steps
  • Furnished(See Rmrks)
  • Flooring: Tile
  • Window Features: ENERGY STAR Qualified Windows, Vinyl Frame, Dual Pane

Appliances

  • Dishwasher
  • Disposal
  • Refrigerator
  • Electric Cooktop
  • Microwave
  • Built-In Electric Oven
  • Washer
  • Dryer
  • Laundry Features: Inside

Heating and Cooling

  • Cooling Features: Ceiling Fan(s), Central Air, Programmable Thmstat, ENERGY STAR Qualified Equipment
  • Heating Features: Natural Gas

Other Interior

  • Stories: 1
Exterior

Exterior and Lot Features

  • Patio and Porch Features: Covered Patio(s)
  • Fencing: Block

Land Info

  • Corner Lot
  • North/South Exposure
  • Alley
  • Desert Front
  • Desert Back
  • Auto Timer H2O Front
  • Auto Timer H2O Back
  • Lot Size Acres: 0.25
  • Lot Size Square Feet: 10,855

Garage and Parking

  • Garage Spaces: 2
  • Attached Garage: No
  • Parking Features: Garage Door Opener, Temp Controlled, Attached Garage

Home Features

  • View: Mountain(s)
Community

Homeowners Association

  • Association: No
  • Association Fee Includes: No Fees

Neighborhood

  • Subdivision: ELM TREE ESTATES
Listing

Other Property Info

  • Annual Tax Amount: $1,875
  • Source Listing Status: Active
  • County: Maricopa
  • Directions: South on 56th West on Cheery Lynn First Home on the left (South)
  • Property Subtype: Single Family Residence
  • Parcel Number: 128-26-057
  • Postal City: Phoenix
  • Listing Date: 3/25/2026
  • MLS#: 7004001
Features

Building and Construction

  • Total Square Feet Living: 1,790
  • Year Built: 1960
  • Property Age: 66
  • Architectural Style: Ranch
  • Construction Materials: Block, Blown Cellulose, Painted, Wood Siding
  • Roof: Composition, Rolled/Hot Mop
  • Stories: 1
  • Living Area Source: Assessor

Utilities

  • Sewer: Sewer-In & Connected
  • Water Source: Public

Contact Us

Contact Us

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Listed by Michelle Arzac& Joel K McKinney Keller Williams Integrity First

Listing updated: April 29, 2026

MLS#: 7004001

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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