1550 N 40th Street Unit 12, Mesa, AZ 85205

$2,500,000
5
BD
5
BA
6,107
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,500,000
Days on Market
137
Status
ACTIVE
MLS#
7019622
City
Mesa
Bedrooms
5
Bathrooms
5
Living SQFT
6,107
Lot Size
29,859
Subdivision
Citrus Manor
Year Built
1998
Type
Single Family Residence

Property Description

Designed for exceptional entertaining with clearly separated living and sleeping spaces, this fully reimagined 6,107-square-foot residence is set on a 0.69-acre parcel within a gated enclave of just 14 custom estates in Mesa's coveted El Portillo. The main-level primary suite includes an adjoining private office or retreat, while the secondary bedrooms and a spacious lounge are located upstairs, creating a distinct upper-level bedroom wing with flexible options for offices, fitness, hobbies or media. Two impressive entertaining and living environments define the main floor. A dramatic open foyer introduces the formal living and dining areas, while a separate, relaxed gathering zone brings together the expansive great room, open kitchen and theater room. Fireplaces with custom stone surrounds add warmth and architectural character to the formal living room, great room and primary suite. Both entertaining areas flow directly to the resort-style backyard, where deep roof overhangs and intimate courtyards create inviting spaces for shaded outdoor living. The pool features an integrated spa and submerged seating designed for relaxing with a favorite beverage. An exterior-access bathroom with a shower adds convenience for poolside activities and entertaining. The home has undergone an extensive top-to-bottom renovation, resulting in a cohesive blend of craftsmanship, comfort and integrated smart-home technology. Smooth-finish walls and fresh interior and exterior paint enhance the home's crisp, polished presentation. Designed for serious cooking and effortless hosting, the kitchen features generous runs of luminous backlit Cristallo stone; a suite of Sub-Zero, Wolf and Cove appliances, including wall ovens, a professional-style range, refrigerator and dishwasher; and an open layout that keeps the cook connected to the great room. Custom cabinetry, substantial hardware, quality doors, app-controlled lighting and automated window shades demonstrate the attention given to every detail. The bathrooms have also been completely remodeled with updated tile, fixtures, cabinetry and refined finishes. Flood irrigation helps maintain the property's mature landscaping and citrus grove. With the renovation complete and every space thoughtfully finished, this home is ready for entertaining, relaxing and enjoying from the moment you arrive. Parking and storage are equally well considered, with generous on-property parking, extensive built-in garage storage and a gated RV parking pad. Community recreational amenities include a dual-purpose tennis and pickleball court, basketball court and covered cabana for outdoor gatherings. **Seller may consider concessions of up to $40,000 with an offer acceptable to seller, subject to lender approval.

Additional Information

Elementary School
Bush Elementary
High School
Mountain View High School
Middle School
Stapley Junior High School
Acres
0.69
Architecture
Santa Barbara/Tuscan
Assoc Fee Includes
Maintenance Grounds, Street Maint
Hoa Fee
$900
Hoa Fee Frequency
Quarterly
Hoa
Yes
Hoa Name
El Portillo
Builder Name
Custom
Community
El Portillo Estate
Community Features
Gated, Tennis Court(s), Playground, Biking/Walking Path
Construction
Wood Frame, Painted, Stucco
Cooling
Central Air
Exterior Features
Storage, Private Street(s), Private Yard, Playground
Fencing
Block
Fireplace
Gas
Flooring
Carpet, Tile
Garage Spaces
3
Heating
Natural Gas
Laundry
Engy Star (See Rmks), Inside, Gas Dryer Hookup
Living Area
6,107
Lot Size
29,859
New Financing
Cash, VA Loan, Conventional, 1031 Exchange
Other Rooms
Family Room, Great Room, Bonus/Game Room, Loft, Media Room
Parking Features
RV Access/Parking, RV Gated, Over Height Garage, Garage Door Opener, Attch'd Gar Cabinets
Lot Features
North/South Exposure, Borders Common Area, Sprinklers In Front, Sprinklers In Rear, Grass Back, Synthetic Grass Frnt
Roofing
Tile
Pool
Yes
Spa
Private, Heated
Stories
2
Style
Santa Barbara/Tuscan
Subdivision
Citrus Manor
Taxes
$8,211
Tax Year
2025
Water
Public

Courtesy of Compass. 602.690.4238

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks