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: 9/22/2026

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

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

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 Exterior Amenities: Landscape Water System; Partially Fenced; Curb(s) & Gutter(s) Interior Features: Fire/Smoke Alarm(s); Mini Blinds 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; Add'l Parking Avail; 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: September - 22 - 2026