3804 E MONTEREY Way, Phoenix, AZ 85018 (MLS# 7064384)

3804 E MONTEREY Way, Phoenix, AZ 85018

$8,699,900

Property Type: Multiple Dwellings Bedrooms: 45 Baths: 45 Status: Active

Current Price: $8,699,900 Last Modified: 8/08/2026

Overview

Description

Alameda Villas Brand New Luxury Townhomes! Offering exceptional value with one of the lowest price-per-sqft opportunities in the Arcadia/Scottsdale area. Discover Alameda Villas, a stunning new construction community completed in 2024, offering 15 meticulously designed single-family townhomes. Built for ultimate flexibility, these homes can be sold individually as single-family residences or acquired entirely for a lucrative leasing opportunity. Each three-bedroom, 2.5-bath unit offers premium finishes, custom cabinetry, elegant countertops, beautiful flooring, and durable synthetic stucco exteriors for a low-maintenance lifestyle. Prime Location: Near dining, grocery stores, and shopping. Living Space: 1,825 SQFT Under Roof: 2,246 SQFT / 2 Garages Plus, fully occupied!

Listing Details MLS# 7064384

Location, Tax & Legal

House Number: 3804
Compass: E
Street Name: MONTEREY
St Suffix: Way
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85018
Zip4: 6600
Country: US
County Code: Maricopa
Subdivision: ALAMEDA VILLAS
Assessor Number: 127-20-262
Tax Year: 2025
Assessor's Map #: 20
Legal Description (Abbrev): LOT 15 ALAMEDA VILLAS MCR 163040
Assessor's Parcel #: 262
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 110902
Taxes: 2342
Legal: LOT 15 ALAMEDA VILLAS MCR 163040
Marketing Name: Alameda Villas

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 1.02 Acres
Year Built: 2024
Uncvrd Parking Spcs: 2
Total # of Units: 15
# of Buildings: 7
Zoning: R-3
Flood Zone: No
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District

Remarks Misc

Cross Street: 38th St & Indian School Rd

Legal Info

Township: 2N
Range: 3E
Section: 25
Lot Number: 15

3 Bedrooms Units

# 3 Bedroom Units: 15
Avg Rent: 3400
Avg SqFt: 1825
# Baths: 3

More Information

Structure

Bedrooms Total: 45
Bathrooms Total: 45

Income Expenses

Gross Annual Sch Inc: 410988

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Phone Call: Yes

Project Type

Duplex: Yes
Tri-Plex: Yes
13 - 24 Units: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Construction

Wood Frame: Yes
Ducts Professionally Air-Sealed: Yes
ICAT Recessed Lighting: Yes

Const - Finish

Painted: Yes
Stucco: Yes
Stone: Yes

Roofing

Foam: Yes

Floors

Vinyl: Yes
Carpet: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 2342
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 410988

Pmt & Rate Info

Equity: 8699900
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

Other: Yes

Community Features

No Pool: Yes

Heating

Electric: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Tenant Pays

Electricity: Yes
Cable TV: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Washer/Dryer: Yes

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Garage Door Opener: Yes
Attached Garage: Yes

Electric

SRP: Yes
Individual Meter: Yes

Gas

None: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes

New Financing

Cash: Yes
Conventional: Yes
1031 Exchange: Yes

Existing 1st Loan

Other (See Rmks): Yes

Reports/Disclosures

Other (See Remarks): Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Property Features

Project Type: Duplex; Tri-Plex; 13 - 24 Units Construction: Wood Frame; Ducts Professionally Air-Sealed; ICAT Recessed Lighting Const - Finish: Painted; Stucco; Stone Roofing: Foam Floors: Vinyl; Carpet Sale Includes: Land & Building Community Features: No Pool Appliances Included: Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Cooling: Ceiling Fan(s); Electric; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: None Parking Features: Garage Door Opener; Attached Garage Road Access Type: City Street Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text; Phone Call Lockbox Type: Other Existing 1st Loan: Other (See Rmks) Existing Othr Ln Trm: Not Applicable New Financing: Cash; Conventional; 1031 Exchange Environmental: None

Listing Office: ARRT of Real Estate

Last Updated: August - 08 - 2026

3804 E MONTEREY Way, Phoenix, AZ 85018 (MLS# 7064384)