5040 N ARCADIA Drive, Phoenix, AZ 85018, Phoenix AZ 85018
2 ACRES! Tired of these small, tiny lots?Mandala Prana Estate offers an opportunity to own one of the most extraordinary TROPHY LOTS in all of Arcadia. Set on a rare, flat, sprawling lot at the direct base of Camelback Mountain, this estate offers a Vortex like setting that simply cannot be replicated in 85018. With the mountain literally in your backyard, the property delivers unmatched privacy, LAND SCALE, and natural beauty in one of Phoenix's most prestigious locations, Arcadia Proper. There are no more parcels of this size and quality available in the area, making this a true legacy esta
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Phoenix
This property is offered at $1,516 per square foot, compared with a $273 median for active five-or-more-bedroom homes in Phoenix. Its asking price falls near the 93rd percentile of that active group. The comparison uses 693 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $4,552,500, and the median is $731 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 4838 E Palomino Road, Phoenix, AZ 85018 | Jun 25, 2026 | 7 bd · 11,103 sqft | $6,600,000 | 0.3 mi |
| 4839 E GRANDVIEW Lane 45, Phoenix, AZ 85018 | Jun 17, 2026 | — | $2,150,000 | 0.4 mi |
| 4716 N DROMEDARY Road, Phoenix, AZ 85018 | May 1, 2026 | 5 bd · 6,857 sqft | $6,535,000 | 0.4 mi |
| 5275 N Camelhead Road, Phoenix, AZ 85018 | May 11, 2026 | 5 bd · 5,563 sqft | $2,550,000 | 0.4 mi |
| 4535 N 49TH Place, Phoenix, AZ 85018 | Apr 29, 2026 | 5 bd · 5,787 sqft | $6,275,000 | 0.5 mi |
| 4600 N Rubicon Avenue 2, Phoenix, AZ 85018 | May 21, 2026 | 6 bd · 6,722 sqft | $5,830,000 | 0.5 mi |
| 5316 E Royal View S, Phoenix, AZ 85018 | Aug 15, 2026 | 5 bd · 4,897 sqft | $25,000 | 0.6 mi |
| 4545 N ROYAL VIEW Drive 8, Phoenix, AZ 85018 | Jun 1, 2026 | — | $3,275,000 | 0.6 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $9,300,000 · Active
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