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: 10/03/2026

Overview

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.

Listing Details MLS# 7088473

Location, Tax & Legal

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

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: Yes
# of Interior Levels: Yes
# Bedrooms: 3
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 2297
Price/SqFt: 544.19
Horses: N
Builder Name: UNK
Year Built: 1958
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 11552
Approx Lot Acres: 0.265
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
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

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.

Legal Info

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

Basement

Basement Y/N: N

More Information

Parking Spaces

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

Showing Notification Methods

Showing Service: No Showing Service Used

DPR Eligible

DPR Eligible: No

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

Office Phone: 602-568-8550

Office Email: lsheffield@mac.com

Last Updated: October - 03 - 2026