5541 E CHEERY LYNN Road, Phoenix, AZ 85018 (MLS# 7004001)

5541 E CHEERY LYNN Road, Phoenix, AZ 85018

$1,050,000

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,790 Lot Size (sq. ft.): 10,855 Status: Active

Current Price: $1,050,000 Last Modified: 4/02/2026

Description

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

Supplements: 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.

More Information MLS# 7004001

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $1,050,000 Status: Active Current Price: $1,050,000 List Date: 2026-03-25

Location, Tax & Legal

Assessor's Map #: 26 Legal Description (Abbrev): LOT 20 ELM TREE ESTATES MCR 008831 Assessor's Parcel #: 57 Tax Municipality: Phoenix Taxes: 1875 House Number: 5541 Compass: E Street Name: CHEERY LYNN St Suffix: Road City/Town Code: Phoenix State/Province: AZ Zip Code: 85018 Zip4: 6633 County Code: Maricopa Assessor Number: 128-26-057 Subdivision: ELM TREE ESTATES Tax Year: 2025

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Full Bathrooms: 2 Half Bathrooms: 0 Approx SQFT: 1790 Price/SqFt: 586.59 Approx Lot SqFt: 10855 Approx Lot Acres: 0.249 Horses: N Builder Name: Unknown 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: Yes Fireplace YN: No Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 4 Total Bathrooms: 2 Year Built: 1960

Legal Info

Range: 4E Section: 29 Township: 2N Lot Number: 20

Special Listing Cond

N/A: 1

Construction

Block: 1 Blown Cellulose: 1

Const - Finish

Wood Siding: 1 Painted: 1

Roofing

Composition: 1 Rolled: 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: Aligned Showings Text: 1 Phone Call: 1

Lockbox Type

Supra: 1

Architecture

Ranch: 1

Master Bathroom

3/4 Bath Master Bdrm: 1

Add'l Property Use

Other: 1 See Remarks: 1

Flooring

Tile: 1

Window Features

Dual Pane: 1 ENERGY STAR Qualified Windows: 1 Vinyl Frame: 1

Private Pool Features

Heated: 1 Play Pool: 1

Dining Area

Eat-in Kitchen: 1 Dining in LR/GR: 1

Heating

Natural Gas: 1

View

Mountain(s): 1

Kitchen Features

Built-In Electric Oven: 1 Dishwasher: 1 Disposal: 1 Kitchen Island: 1 Built-in Microwave: 1 Non-laminate Counter: 1 Refrigerator: 1 Electric Cooktop: 1

Cooling

Ceiling Fan(s): 1 ENERGY STAR Qualified Equipment: 1 HVAC SEER Rating: 16 Programmable Thmstat: 1 Central Air: 1

Interior Features

9+ Flat Ceilings: 1 No Interior Steps: 1 Furnished(See Rmrks): 1

Laundry

Washer Included: 1 Dryer Included: 1 Inside: 1

Basement

Basement Y/N: N

Other Rooms

Great Room: 1

Separate Den/Office

Sep Den/Office Y/N: N

Road Responsibility

City Maintained Road: 1

Technology

High Speed Internet: 1

Fencing

Block: 1

Water Source

City Water: 1

Exterior Features

Covered Patio(s): 1

Spa

Private: 1 Above Ground: 1 Heated: 1

Sewer

Sewer - Public: 1 Sewer-In & Connected: 1

Parking Spaces

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

Parking Features

Temp Controlled: 1 Attached Garage: 1 Garage Door Opener: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1

Energy/Green Feature

Solar Tubes: 1

Plumbing

Engy Star Ht Wtr Htr: 1 Gas Hot Water Heater: 1 Low-Flow Fixtures: 1

Utilities

SRP: 1 SW Gas: 1

Existing 1st Loan

Treat as Free&Clear: 1

Property Description

Corner Lot: 1 North/South Exposure: 1 Alley: 1

Landscaping

Desert Front: 1 Desert Back: 1 Auto Timer H2O Front: 1 Auto Timer H2O Back: 1

Items Updated

Floor Yr Updated: 2025 Floor Partial/Full: Full Wiring Yr Updated: 2025 Wiring Partial/Full: Partial Ht/Cool Yr Updated: 2019 Ht/Cool Partial/Full: Full Roof Yr Updated: 2025 Roof Partial/Full: Full Kitchen Yr Updated: 2018 Kitchen Partial/Full: Full Bath(s) Yr Updated: 2018 Bath(s) Partial/Full: Full Pool Yr Updated: 2018 Pool Partial/Full: Full

Unit Style

All on One Level: 1

Disclosures

Seller Discl Avail: 1 Agency Discl Req: 1

Possession

Close of Escrow: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Remarks Misc

Cross Street: 56th St/ Indian School Rd Directions: South on 56th West on Cheery Lynn First Home on the left (South) Geo Lat: 33.485236 Geo Lon: -111.961255

Property Features

Special Listing Cond: N/A Add'l Property Use: Other; See Remarks Architecture: Ranch View: Mountain(s) Master Bathroom: 3/4 Bath Master Bdrm Flooring: Tile Window Features: Dual Pane; ENERGY STAR Qualified Windows; Vinyl Frame Private Pool Features: Heated; Play Pool Spa: Private; Above Ground; Heated Dining Area: Eat-in Kitchen; Dining in LR/GR Kitchen Features: Built-In Electric Oven; Electric Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Non-laminate Counter; Kitchen Island Laundry: Washer Included; Dryer Included; Inside Other Rooms: Great Room Interior Features: 9+ Flat Ceilings; No Interior Steps; Furnished(See Rmrks) Technology: High Speed Internet Exterior Features: Covered Patio(s) Parking Features: Attached Garage; Garage Door Opener; Temp Controlled Road Responsibility: City Maintained Road Construction: Block; Blown Cellulose Const - Finish: Wood Siding; Painted Roofing: Composition; Rolled Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat; ENERGY STAR Qualified Equipment Heating: Natural Gas Plumbing: Engy Star Ht Wtr Htr; Gas Hot Water Heater; Low-Flow Fixtures Utilities: SRP; SW Gas Water Source: City Water Sewer: Sewer - Public; Sewer-In & Connected Fencing: Block Property Description: Corner Lot; North/South Exposure; Alley Landscaping: Desert Front; Desert Back; Auto Timer H2O Front; Auto Timer H2O Back Showing Notification Methods: Text; Phone Call Lockbox Type: Supra Possession: Close of Escrow Unit Style: All on One Level Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: Keller Williams Integrity First

Last Updated: April - 02 - 2026