16540 E EL LAGO Boulevard 40, Fountain Hills, AZ 85268

$740,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,081 Lot Size (sq. ft.): 253 Status: Closed
Current Price: $740,000 List Date: 1/03/2026 Last Modified: 2/21/2026

Description

Welcome to your dream desert oasis in the heart of Fountain Hills! Walking distance to restaurants, shopping and the world famous fountain! This single level patio home has it all- including NO STEPS! Indoor/outdoor living with 2 patios. Overlooking a large grassy area, the charming outdoor space is perfect for enjoying your favorite beverage or entertaining with friends on the covered patio. The best part of all, this beautiful home is LOW MAINTENANCE! Enjoy all of the perks of beautifully manicured landscaping with none of the work! The kitchen includes upgraded cabinets, granite countertops, walk in pantry, island, open concept to dining with fireplace, beverage bar and living room. The primary bedroom has direct access to the back patio, large ensuite with dual vanities...

Supplements: separate shower and tub and large walk in closet. 2nd bedrooms is split with an ensuite and 3rd bedroom can be used as a bedroom or office with double door entry. The gated community offers a heated pool, spa & cabana. Perfect lock & leave home, HOA maintains all landscaping, roof and exterior maintenance.

More Information MLS# 6962734

Contract Information

Type: Exclusive Right To Sell Ownership: Condominium Co-Ownership (Fractional) Agreement YN: No Sold Price: $740,000 Status: Closed Current Price: $740,000 List Date: 2026-01-02

Location, Tax & Legal

Unit #: 40 Assessor's Map #: 24 Legal Description (Abbrev): LOT 40 VILLA ESTATES AT TOWN CENTER CONDOMINIUMS MCR Assessor's Parcel #: 835 Tax Municipality: Fountain Hills Taxes: 2092 House Number: 16540 Compass: E Street Name: EL LAGO St Suffix: Boulevard City/Town Code: Fountain Hills State/Province: AZ Zip Code: 85268 Zip4: 4732 County Code: Maricopa Assessor Number: 176-24-835 Subdivision: VILLA ESTATES AT TOWN CENTER CONDOMINIUMS Tax Year: 2025

General Property Description

Dwelling Styles: Attached # of Interior Levels: 1 Full Bathrooms: 3 Half Bathrooms: 0 Approx SQFT: 2081 Price/SqFt: 355.59 Approx Lot SqFt: 253 Approx Lot Acres: 0 Horses: N Builder Name: Visser Development Elementary School District: Fountain Hills Unified District High School District: Fountain Hills Unified District Elementary School: McDowell Mountain Elementary School Jr. High School: Fountain Hills Middle School High School: Fountain Hills High School Community Pool Y/N: Yes Private Pool Y/N: No Fireplace YN: Yes Fireplaces Total: 1 Dwelling Type: Patio Home Exterior Stories: 1 # Bedrooms: 3 Total Bathrooms: 3 Year Built: 2000

Legal Info

Range: 6E Section: 15 Township: 3N Lot Number: 40

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Stucco: 1

Roofing

Tile: 1 Other: 1

Association & Fees

HOA Y/N: Y HOA Disclosure/Addendum Affirmation: Yes HOA Transfer Fee: 250 HOA Fee: 450 HOA Paid Frequency: Monthly HOA Name: villa estates HOA HOA Telephone: 480-396-4567 Special Assessment HOA: No HOA 2 Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee: 0 Cap Improvement/Impact Fee $/%: $ Prepaid Association Fees HOA: 800 Disclosure Fees HOA: 375 Other Fees HOA: 0 Land Lease Fee Y/N: N Rec Center Fee Y/N: N Ttl Mthly Fee Equiv: 450

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

None: 1

Master Bathroom

Separate Shwr & Tub: 1 Double Vanity: 1 Private Toilet Room: 1

Dining Area

Formal: 1 Eat-in Kitchen: 1 Breakfast Bar: 1

Heating

Heat Pump: 1 Natural Gas: 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Electric Range: 1 Gas Stub for Range: 1 Kitchen Island: 1 Built-in Microwave: 1 Pantry: 1 Refrigerator: 1 Reverse Osmosis: 1 Walk-in Pantry: 1 Electric Cooktop: 1 Granite Counters: 1

Cooling

Ceiling Fan(s): 1 Programmable Thmstat: 1 Central Air: 1 Heat Pump: 1

Laundry

Washer Included: 1 Dryer Included: 1 Inside: 1

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

Wrought Iron: 1

Water Source

Pvt Water Company: 1

Community Pool Features

Cabana: 1 Fenced: 1 Heated: 1 Outdoor: 1

Spa

Heated: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 2 Total Covered Spaces: 2 Garage Spaces: 2

New Financing

Cash: 1 Conventional: 1

Utilities

SRP: 1 SW Gas: 1

Existing 1st Loan

Treat as Free&Clear: 1

Landscaping

Desert Front: 1 Grass Front: 1 Grass Back: 1 Yrd Wtring Sys Front: 1 Yrd Wtring Sys Back: 1

Disclosures

Seller Discl Avail: 1

Possession

Close of Escrow: 1

Association Fee Incl

Exterior Mnt of Unit: 1 Roof Repair: 1 Blanket Ins Policy: 1 Common Area Maint: 1 Street Maint: 1

Assoc Rules/Info

Pets OK (See Rmrks): 1 Rental OK (See Rmks): 1 Prof Managed: 1

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: Shea and Fountain Hills Blvd Directions: North on Fountain Hills Blvd to the light at El Lago. East on El Lago to gated entrance on North side of the road. Go through the gate and turn left. Take your first right and house is on the right. Geo Lat: 33.60371 Geo Lon: -111.723437

Status Change Info

Off Market Date: 2026-01-11 Under Contract Date: 2026-01-11 Close of Escrow Date: 2026-02-20 Sold Price: $740,000

Property Features

Special Listing Cond: N/A Master Bathroom: Separate Shwr & Tub; Double Vanity; Private Toilet Room Community Pool Features: Cabana; Fenced; Heated; Outdoor Spa: Heated Dining Area: Formal; Eat-in Kitchen; Breakfast Bar Kitchen Features: Electric Range; Electric Cooktop; Gas Stub for Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Reverse Osmosis; Pantry; Walk-in Pantry; Granite Counters; Kitchen Island Laundry: Washer Included; Dryer Included; Inside Construction: Wood Frame Const - Finish: Stucco Roofing: Tile; Other Cooling: Central Air; Ceiling Fan(s); Heat Pump; Programmable Thmstat Heating: Heat Pump; Natural Gas Utilities: SRP; SW Gas Water Source: Pvt Water Company Sewer: Sewer - Public Fencing: Wrought Iron Landscaping: Desert Front; Grass Front; Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back Lockbox Type: None Possession: Close of Escrow Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Blanket Ins Policy; Common Area Maint; Street Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail
Listing Office: Russ Lyon Sotheby's International Realty
IDX
Last Updated: February - 21 - 2026
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