5047 E CHEERY LYNN Road, Phoenix, AZ 85018

$1,250,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,297 Lot Size (sq. ft.): 11,552 Status: Active
Current Price: $1,250,000 Last Modified: 10/04/2026

Description

Perfect Arcadia Opportunity - Remodel or Build Your Dream Home! Nestled in the premier Arcadia area, this generous, oversized quarter-acre lot is tucked away in a peaceful, low-traffic cul-de-sac and offers a blank canvas for your dream home in one of Phoenix's most desirable and charming neighborhoods. The lot currently has its original 1958 home that is ready to be reimagined, or clear it to build your custom luxury home from the ground up. This premium property combines generous space, a prime location, and access to excellent schools with the coveted Arcadia lifestyle that places you minutes away from elite dining, upscale shopping, Old Town Scottsdale, the Biltmore area and the airport. Don't miss your chance to secure this premium lot in this iconic neighborhood. Sold as-is.

More Information MLS# 7088473

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $1,250,000 Status: Active Current Price: $1,250,000 List Date: 2026-10-01

Location, Tax & Legal

Assessor's Map #: 18 Legal Description (Abbrev): LOT 44 OSBORN ESTATES 2 MCR 006837 Assessor's Parcel #: 44 Tax Municipality: Phoenix Taxes: 2841 House Number: 5047 Compass: E Street Name: CHEERY LYNN St Suffix: Road City/Town Code: Phoenix State/Province: AZ Zip Code: 85018 Zip4: 6551 Country: US County Code: Maricopa Assessor Number: 128-18-044 Subdivision: OSBORN ESTATES 2 Tax Year: 2025

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 # Bedrooms: 3 Full Bathrooms: 2 Half Bathrooms: 0 Total Bathrooms: 2 Approx SQFT: 2297 Price/SqFt: 544.19 Approx Lot SqFt: 11552 Approx Lot Acres: 0.265 Horses: N Builder Name: UNK Lead Based Hazard Disclosure: Yes Elementary School District: Scottsdale Unified District High School District: Scottsdale Unified District Elementary School: Tavan Elementary School Jr. High School: Ingleside Middle School High School: Arcadia High School Community Pool Y/N: No Private Pool Y/N: No Fireplace YN: No Dwelling Type: Single Family Residence Exterior Stories: 1 Year Built: 1958

Legal Info

Range: 4E Section: 29 Township: 2N Lot Number: 44

Special Listing Cond

N/A: 1

Construction

Block: 1 Wood Frame: 1

Const - Finish

Board & Batten Siding: 1 Brick Veneer: 1

Roofing

Composition: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Ttl Mthly Fee Equiv: 0

Showing Notification Methods

Showing Service: No Showing Service Used Text: 1 Phone Call: 1

Lockbox Type

Combo: 1 None: 1

Master Bathroom

Full Bth Master Bdrm: 1

Dining Area

Formal: 1

Heating

Ceiling: 1

Kitchen Features

Electric Oven: 1 Electric Range: 1

Cooling

Central Air: 1

Laundry

None: 1

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

Block: 1

Water Source

City Water: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 2 Total Covered Spaces: 2 Carport Spaces: 2

New Financing

Cash: 1

Utilities

SRP: 1

Existing 1st Loan

Treat as Free&Clear: 1

Landscaping

Dirt Front: 1 Dirt Back: 1

Disclosures

Seller Discl Avail: 1

Possession

Close of Escrow: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

DPR Eligible

DPR Eligible: No

Remarks Misc

Cross Street: E. Osborn Rd. and N. 50th Place Directions: At 56th Street and Indian School Rd head south on 56th Street, turn right (west) onto E. Osborn Road, Continue west on E. Osborn Road and then turn left (south) onto N. 50th Place, then turn left on E. Mulberry Dr., continue straight on 50th Place, passing Flower St., and then turn left into the E. Cheery Lynn Rd. cul-de-sac and property will be on your right. Geo Lat: 33.484243 Geo Lon: -111.971999

Property Features

Special Listing Cond: N/A Master Bathroom: Full Bth Master Bdrm Spa: None Dining Area: Formal Kitchen Features: Electric Oven; Electric Range Laundry: None Construction: Block; Wood Frame Const - Finish: Board & Batten Siding; Brick Veneer Roofing: Composition Cooling: Central Air Heating: Ceiling Utilities: SRP Water Source: City Water Sewer: Sewer - Public Fencing: Block Landscaping: Dirt Front; Dirt Back Showing Notification Methods: Text; Phone Call Lockbox Type: Combo; None Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash Disclosures: Seller Discl Avail
Listing Office: Goldwater Real Estate Advisors
IDX
Office Phone: 602-568-8550
Office Email: lsheffield@mac.com
Last Updated: October - 04 - 2026
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