5343 E VERDE Lane, Phoenix, AZ 85018 (MLS# 6991999)

5343 E VERDE Lane, Phoenix, AZ 85018

$795,000
Property Type: Residential Bedrooms: 5 Baths: 2 Square Footage: 2,069 Lot Size (sq. ft.): 9,845 Status: Active
Current Price: $795,000 Last Modified: 3/02/2026

Description

Set within the heart of Arcadia Osborn, this well-maintained residence presents a rare opportunity on a prime corner lot. Thoughtfully cared for, the home offers a solid foundation and classic proportions that invite personalization while honoring its original character. A stunning Camelback Mountain view anchors the setting and reinforces the enduring appeal of this coveted Sherwood Towne neighborhood. Surrounded by multi-million dollar homes, this property benefits from strong long-term value support. Whether you're looking to reimagine, enhance, or invest, this is a compelling entry point into one of Arcadia's most respected and sought-after pockets. Opportunities like this where location, lot, and upside converge are increasingly rare. Don't wait!

More Information MLS# 6991999

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $795,000 Status: Active Current Price: $795,000 List Date: 2026-03-02

Location, Tax & Legal

Assessor's Map #: 24 Legal Description (Abbrev): LOT 113 SHERWOOD TOWNE LOTS 1-8 41-46 MCR Assessor's Parcel #: 34 Tax Municipality: Phoenix Taxes: 2376 House Number: 5343 Compass: E Street Name: VERDE St Suffix: Lane City/Town Code: Phoenix State/Province: AZ Zip Code: 85018 Zip4: 8041 County Code: Maricopa Assessor Number: 128-24-034 Subdivision: SHERWOOD TOWNE LOTS 1-8 41-46 Tax Year: 2025

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Full Bathrooms: 2 Half Bathrooms: 0 Approx SQFT: 2069 Price/SqFt: 384.24 Approx Lot SqFt: 9845 Approx Lot Acres: 0.226 Horses: N Builder Name: Castleberry 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: No Fireplace YN: Yes Fireplaces Total: 1 Dwelling Type: Single Family Residence Exterior Stories: 11 # Bedrooms: 5 Total Bathrooms: 2 Year Built: 1957

Legal Info

Range: 4E Section: 29 Township: 2N Lot Number: 113

Special Listing Cond

N/A: 1

Construction

Brick: 1

Const - Finish

Painted: 1

Roofing

Composition: 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

Lockbox Type

See Private Remarks: 1

Master Bathroom

3/4 Bath Master Bdrm: 1

Dining Area

Eat-in Kitchen: 1

Heating

Natural Gas: 1

Kitchen Features

Electric Range: 1

Cooling

Central Air: 1

Laundry

In Garage: 1

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

Block: 1

Water Source

City Water: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 0 Total Covered Spaces: 1 Carport Spaces: 1

New Financing

Cash: 1 Conventional: 1

Utilities

SRP: 1 SW Gas: 1

Existing 1st Loan

Treat as Free&Clear: 1

Landscaping

Grass Front: 1 Grass Back: 1

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 Street & Thomas Rd. Directions: From 56th St. and Thomas West on Thomas Road to 54th St. North on 54th St. to Verde Ln. Property on southwest corner of 54th St. and Verde Ln. Geo Lat: 33.480798 Geo Lon: -111.965484

Property Features

Special Listing Cond: N/A Master Bathroom: 3/4 Bath Master Bdrm Spa: None Dining Area: Eat-in Kitchen Kitchen Features: Electric Range Laundry: In Garage Construction: Brick Const - Finish: Painted Roofing: Composition Cooling: Central Air Heating: Natural Gas Utilities: SRP; SW Gas Water Source: City Water Sewer: Sewer - Public Fencing: Block Landscaping: Grass Front; Grass Back Lockbox Type: See Private Remarks 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; Conventional Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: Cambridge Properties
IDX
Last Updated: March - 02 - 2026
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