5617 E MONTECITO Avenue, Phoenix, AZ 85018, Phoenix AZ 85018
An exceptional opportunity within one of Arcadia's most coveted enclaves, this modern European-inspired estate delivers a masterclass in understated luxury--elegant, composed, and entirely without the need to show off. A formal hedge-lined approach and symmetrical façade set the tone, while inside, months of meticulous preparation have resulted in a home where nearly everything has been repaired, replaced, or renewed. In short, the hard work is done--leaving little more than to move in and quietly enjoy the outcome. Thoughtfully designed for both everyday living and entertaining, the home offe
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 $1,102 per square foot, compared with a $272 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 698 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 $4,130,000, and the median is $923 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 |
|---|---|---|---|---|
| 5517 E Mariposa, Phoenix, AZ 85018 | Jul 1, 2026 | 5 bd · 4,061 sqft | $11,000 | 0.2 mi |
| 4413 N CAMINO ALLENADA, Phoenix, AZ 85018 | May 5, 2026 | 6 bd · 7,916 sqft | $4,500,000 | 0.2 mi |
| 4204 N 57TH Way, Phoenix, AZ 85018 | Jul 1, 2026 | 4 bd · 4,628 sqft | $4,650,000 | 0.2 mi |
| 5502 E MARIPOSA Street, Phoenix, AZ 85018 | Aug 27, 2026 | 5 bd · 5,858 sqft | $6,800,000 | 0.2 mi |
| 5501 E CAMELBACK Road, Phoenix, AZ 85018 | Jun 1, 2026 | 4 bd · 3,660 sqft | $3,225,000 | 0.2 mi |
| 5446 E EXETER Boulevard, Phoenix, AZ 85018 | Jun 15, 2026 | 5 bd · 7,455 sqft | $8,300,000 | 0.2 mi |
| 5816 E Calle Del Media, Phoenix, AZ 85018 | Apr 21, 2026 | 4 bd · 3,900 sqft | $3,760,000 | 0.3 mi |
| 5742 E Lafayette, Phoenix, AZ 85018 | May 1, 2026 | 5 bd · 4,059 sqft | $11,000 | 0.3 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.
- $8,150,000 · Active
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