Nestled in the heart of the prestigious Encanto/Palmcroft Historic District, this stunning 1937 home is a masterful blend of timeless charm and contemporary luxury. With a 2018 complete rebuild that honors its historic roots, this 5,200-square-foot residence sits on over 1/3 acre of beautifully landscaped grounds. Offering 5 bedrooms and 4.5 baths in the main house, plus an amazing full guest house/entertaining pavilion, this is truly one of the finest homes ever to hit the market in Encanto/Palmcroft. Enter through the classic foyer to the heart of the home- the stunning open kitchen, featuring a massive center island, built-in banquette, and top-of-the-line appliances. Stacking glass doors open the main living areas to a private patio, seamlessly blending the indoor and outdoor living. The butler's pantry with a built-in beverage refrigerator and separate walk-in pantry both offer additional storage and prep space, making this a perfect home for intimate family time or for hosting large gatherings. The primary suite is truly a private retreat, with its own fireplace, a beautiful bath, sitting room/sun room with French doors to the private pool and yard, and a charming gallery space. A separate dedicated exercise studio offers a private space for workouts, yoga, or spin. The home has an attached 2 car garage plus another gated one-car covered parking area, a workshop and gardening area. Situated on one of the palm-lined circles in one of Phoenix's most desirable neighborhoods, this home offers a fantastic lifestyle with exceptional design, history and charm
Property Details
Property Features
Property Information:
Architectural Style: Other (See Remarks)
Year Built: 1937
Stories: 2
Living Area: 5,232 SqFt
Listing Office:
Office Name: Russ Lyon Sotheby's International Realty
Office Phone: (480) 287-5200
Listing Agent: R M Joe Bushong, Chad D Christian Jr
Interior Features
Interior Information:
Flooring Type: Carpet, Tile, Wood
Interior: Master Downstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$15K
Per Month
Principal & Interest
$14.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,061
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Encanto Elementary School
1426 W Osborn Rd
Distance between this listing and this school1.38 miles
Public District Grades KG-3
4
/10
Clarendon Elementary School
1225 W Clarendon Ave
Distance between this listing and this school1.51 miles
Public District Grades 4-6
4
/10
Asu Preparatory Academy- Phoenix Elementary School
735 E Fillmore St
Distance between this listing and this school1.79 miles
Public Charter Grades KG-4
Nearby Schools
4
/10
Kenilworth School
1210 N 5th Ave
Distance between this listing and this school0.69 miles
Public District Grades PK-8
4
/10
Capitol School
330 N 16th Ave
Distance between this listing and this school1.22 miles
Public District Grades PK-8
8
/10
Magnet Traditional School
2602 N 23rd Ave
Distance between this listing and this school1.26 miles
Public Magnet Grades KG-8
Nearby Schools
6
/10
Franklin Police and Fire High School
1645 W McDowell Rd
Distance between this listing and this school0.38 miles
Public District Grades 9-12
8
/10
Metropolitan Arts Institute
1700 N 7th Ave
Distance between this listing and this school0.42 miles
Public Charter Grades 7-12
2
/10
City View High School
649 N 6th Ave
Distance between this listing and this school1.00 miles
The neighbors living near this home have an average income of $116,288. Residents of Phoenix, AZ typically earn $200k+ each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1838 Palmcroft Way NW
What is the listing price of this property?
The listing price of 1838 Palmcroft Way NW property is $3,000,000.
What type of property is this?
The property 1838 Palmcroft Way NW is a house located in Phoenix, Arizona, 85007.
Is this property for sale now?
Active Listing: 1838 Palmcroft Way NW is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $5,680 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 29, 2017 for $510,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1838 Palmcroft Way NW has 6 bedrooms and 7 bathrooms.
What is the square footage of this property?
The property 1838 Palmcroft Way NW is 5,232 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1838 Palmcroft Way NW is 1937.
Interested in 1838 Palmcroft Way NW? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1838 Palmcroft Way NW in Phoenix, AZ and zip code 85007 in the Encanto / Palmcroft neighborhood. This 5,232 square foot home, which was built in 1937, sits on a 0.38 acre lot. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since January 01, 2025 and is currently priced at $3,000,000.
In December 2024 more than 199 listings in Phoenix, AZ were sold above the asking price. During the same period more than 292 listings were sold at asking price, while more than 721 were sold below. The inventory of homes for sale in Phoenix, AZ between November 2024 and December 2024 decreased by 4.2%. In December 2024 median list price was $452,845 and the average listing age was 66 days.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Live Theatre
Live Theatre
Hiking/backpacking
Major League Soccer (MLS)
Bloomingdales
Banana Republic
Crate & Barrel
Boston Market
Starbucks
Jack In The Box
Mercedes
Audi
Toyota
News
Alternative
Jazz