See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

26040 N 5TH Street N, Phoenix, AZ, 85085

6beds
6baths
7,282sqft
$2,350,000
$323price/sqft
$14,063/moest. monthly cost
$562,520/yrincome needed

About This Home

This 2.5-acre, resort-style home is adjacent to the Phoenix Sonoran Desert Preserve and Cove Buttes Recreation Area. Experience both mountain and twinkling city lights as you sit under the covered patio or at the fire pit. Take in the ever-changing sunsets and glimpse weekly hot air balloons as they quietly float over the property. There is a huge loft for an adult game area with an en-suite bedroom and a basement for the kiddos with a bedroom, bathroom, bonus room, and a walkout patio. The main level has 3 bedrooms with their own balcony or patio. There is a short flight of stairs to the primary bedroom off the main level. Two of the bedrooms have their own en-suite bathroom. The backyard is a show stopper with a heated pool and waterfall, fire pit, putting green, outdoor BBQ with countertop seating, and fireplace. Up a short flight of stairs to the primary with sprawling space and an indoor sauna. A two-car garage with an EV charger and a separate single-car garage off the lower walk-out basement that currently showcases a kid's room with an air-hockey table, ping pong table, foosball, and a basketball throwing game. Thirty-six miles of trails begin less than an acre away, to bike or hike. Take in all the native cactus, plants, wildlife, and beautiful views. Easy access to the 101, 17, and 51 highways.

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
1
BikeSomewhat Bikeable

Schools

6/10
4/10
5/10

Construction

Condition

  • Year built: 1997

Materials

  • Roof: Tile,Built-Up,Foam
  • Construction materials: Stucco,Wood Frame,Block

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,Territorial/Santa Fe
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Washer,Water Softener Owned,Refrigerator,Dishwasher,Disposal,Electric Oven,Electric Cooktop

Basement

  • Has basement: Yes
  • Basement: Walk-Up Access,Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Features

  • Granite Counters,Double Vanity,Master Downstairs,Upstairs,Eat-in Kitchen,9+ Flat Ceilings,Roller Shields,Vaulted Ceiling(s),Kitchen Island,Pantry,2 Master Baths,Full Bth Master Bdrm
  • Window features: Screens,Skylight(s),Double Pane Windows
  • Flooring: Carpet,Stone,Tile
  • Number of fireplaces: 2
  • Fireplace features: Fire Pit,Exterior Fireplace,Family Room,Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air,Ceiling Fan(s),Programmable Thmstat

Interior Area

  • Total structure area: 7,282
  • Total interior livable area: 7,282 sqft

Property

Details

  • Parcel number: 21014024B

Features

  • Stories: 3
  • Private pool: Yes
  • Pool features: Outdoor Pool,Heated
  • Patio & porch: Patio
  • Exterior features: Balcony,Private Street(s),Private Yard,Built-in Barbecue
  • Spa features: None
  • Fencing: Block
  • Has view: Yes
  • View description: City,Mountain(s)
  • Horses can be raised: Yes

Lot

  • Lot size: 2.50 Acres
  • Features: Hillside Lot,Sprinklers In Rear,Sprinklers In Front,Synthetic Grass Back

Parking

  • Total spaces: 6
  • Parking features: Attached,RV Access/Parking,Side Vehicle Entry,Electric Vehicle Charging Station(s)
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Hail
    HailModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Hail
Wildfire

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,882$142,584
Home Insurance $549$6,588
Property Taxes $861$10,332
Electricity $771$9,253
Total$14,063$168,756

Income You'd Need if You Spent...

35% on housing$482,160/yr
40% on housing$421,890/yr
45% on housing$375,013/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$323This listing

vs Other Active Listings

Avg $/sqft

ZIP 85085$262
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85085$281
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-15Price change$2,195,000
2026-08-06Price change$2,295,000
2026-07-21Listed for sale$2,350,000
2020-12-17Sold$1,290,000
2020-10-23Listed for sale$1,290,000
2020-07-11Listing removed$1,279,000
2020-06-25Price change$1,279,000
2020-03-26Price change$1,299,000
2020-02-07Price change$1,384,000
2019-11-07Listed for sale$1,399,000
2013-04-03Listing removed$250,000
2012-12-01Listed for sale$250,000
2011-09-16Listing removed$180,000
2010-12-12Price change$180,000
2010-12-11Listed for sale$125,000
2001-10-30Sold$577,000

For Sale by Agent

AgentChristine M Costigliolo
BrokeragePorter

Similar Homes