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Rob & Pam Schabatka

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(928) 282-4166 (o)

(928) 821-3508 (c)

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$1,025,000
182 Days On Site

5541 E CHEERY LYNN Road
Phoenix, AZ 85018

For Sale|Single Family Residence|Active Under Contract
4
Beds
2
Total Baths
2
Full Baths
1,790
SqFt
$573
/SqFt
1960
Built
Subdivision:
ELM TREE ESTATES
County:
Maricopa

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(928) 282-4166 x 253
5541 E CHEERY LYNN Road5541 E CHEERY LYNN Road5541 E CHEERY LYNN Road5541 E CHEERY LYNN Road
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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.

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Listing Snapshot
Price 
$1,025,000
Days On Site 
182 Days
Bedrooms 
4
Inside Area (SqFt) 
1,790 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.25 Acres
Year Built 
1960
MLS® Number 
7004001
Status 
Active Under Contract
Property Tax 
$1,875
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
7 days agoListing updated with changes from the MLS®
a month agoStatus changed to Active Under Contract
2 months agoPrice changed to $1,025,000
6 months agoListing first seen on site
General Features
Acres 
0.25
Additional Property Use 
OtherSee Remarks
Attached Garage 
Yes
Cross Street 
56th St/ Indian School Rd
Disclosures 
Seller Discl AvailAgency Discl Req
Garage 
Yes
Garage Spaces 
2
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking 
Garage Door Opener
Parking Spaces 
2
Property Sub Type 
Single Family Residence
Style 
Ranch
Utilities 
Sewer Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherDisposalRefrigeratorElectric CooktopMicrowaveBuilt-In Electric OvenWasherDryer
Cooling 
Ceiling Fan(s)Central AirENERGY STAR Qualified Equipment
Flooring 
Tile
Furnished 
Furnished
Heating 
Natural Gas
Interior 
Eat-in KitchenKitchen IslandHigh Speed InternetHigh Ceilings
Laundry Features 
Inside
Spa 
Yes
Window Features 
ENERGY STAR Qualified WindowsDouble Pane Windows
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Exterior Features
Construction Details 
BlockWood Siding
Fencing 
Block
Lot Features 
Corner LotDesert FrontDesert Back
Pool Features 
Heated
Private Pool 
Yes
Roof 
Composition
Spa 
Yes
Spa Features 
PrivateAbove GroundHeated
View 
Mountain(s)
Waterview 
Mountain(s)
Windows/Doors 
ENERGY STAR Qualified WindowsDouble Pane Windows
Community Features
School District 
Scottsdale Unified District
Township 
2N
Financing Terms Available 
CashFHAConventional
Schools
School District
Scottsdale Unified District
Elementary School
Tavan Elementary School
Middle School
Ingleside Middle School
High School
Arcadia High School
Listing courtesy of Keller Williams Integrity First Realty.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2026-09-24 05:01 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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