16436 N 40th Place, Phoenix, AZ 85032
- $475,000
- 3
- BD
- 2
- BA
- 1,844
- SqFt
- Sold Price
- $475,000
- List Price
- $450,000
- Closing Date
- Dec 15, 2025
- Days on Market
- 1
- Status
- CLOSED
- MLS#
- 6953187
- City
- Phoenix
- Bedrooms
- 3
- Bathrooms
- 2
- Living SQFT
- 1,844
- Lot Size
- 31,353
- Subdivision
- Paradise Ranchitos Plat 3
- Year Built
- 1971
- Type
- Single Family Residence
Property Description
Welcome to Paradise Ranchitos the best kept secret in North Phoenix, just minutes from the 51 and 101 freeways, close to the newly designed Paradise Valley Mall area, and just minutes from Scottsdale with amazing shopping, dining, and entertainment alike. This incredible community features sprawling lots, custom new builds, renovated ranches, and amazing opportunity. Complete with horse privileges and NO HOA. This never before listed home sits on over a 31,000 sf lot and is ready for someone to re-build, redesign, and reimagine. The possibilities are endless for this rare opportunity in such a dream location. This home is being sold ''AS IS'. It is in need of a major renovation or complete new build. This home must be sold cash or with unconventional financing options. The septic system for the main home has been inspected and is in good working order with no repairs needed. There are multiple out buildings with old septic systems that do not meet current code. Those systems will need abandoned along with demolishment of the old detached buildings at the rear of the property. Outbuilding septic systems abandonments quote attached to sellers disclosures along with all adeq septic system reports for the property. There is no working HVAC on the main home, the pool is empty in non-working order and is also in need of complete rebuild or demolishment. This home is being sold in AS IS condition. Traditional financing is not likely due to the property condition. The personal representative has never occupied the premises and is acting on behalf of the estate.
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Additional Information
- Elementary School
- Whispering Wind Academy
- High School
- Paradise Valley High School
- Middle School
- Sunrise Middle School
- Acres
- 0.72
- Architecture
- Ranch
- Assoc Fee Includes
- No Fees
- Builder Name
- UNK
- Construction
- Block, Wood Frame, Painted
- Cooling
- Other
- Fencing
- Wrought Iron, Block, Chain Link, Partial, Back Yard
- Fireplace
- Family Room
- Flooring
- Carpet, Linoleum, Tile
- Heating
- None
- Horses
- Yes
- Laundry
- Other, See Remarks
- Living Area
- 1,844
- Lot Size
- 31,353
- New Financing
- Cash
- Parking Features
- RV Access/Parking
- Lot Features
- Alley, East/West Exposure, Dirt Front, Dirt Back
- Roofing
- Composition
- Sewer
- Septic-In & Connected, See Remarks
- Spa
- None
- Stories
- 1
- Style
- Ranch
- Subdivision
- Paradise Ranchitos Plat 3
- Taxes
- $1,472
- Tax Year
- 2025
- Water
- Public
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Listing courtesy of Coldwell Banker Realty. Selling Office: Gentry Real Estate.
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.