Residential · For Sale

5541 E Cheery Lynn Road

Phoenix, Arizona 85018

$1,025,000
Bedrooms
4
Bathrooms
2
Sq Ft
—
Year Built
1960

About this home

Welcome to this beautifully updated 4 bedroom, 2 bathroom home in the heart of Arcadia, where style, comfort, and income potential come together. This active and highly successful short term rental has been thoughtfully designed with high end furnishings and standout amenities, making it an exceptional opportunity for both investors and owner occupants.Inside, no expense was spared. The open concept floor plan features quartz countertops, a massive center island with microwave drawer, designer herringbone tile backsplash, and tile flooring extended throughout the entire home for a clean, cohesive, low maintenance look. The kitchen opens seamlessly to the living and dining spaces, creating the perfect setup for entertaining guests or everyday living.The fully remodeled bathrooms off clean, upscale finishes including frameless glass shower enclosures, modern vanities, and a fresh luxury feel. Each bedroom is well appointed with stylish furnishings and designer touches, and the property is being offered as a turnkey, fully furnished short term rental, with the furnishings available on a separate bill of sale for a buyer who wants to continue operating it as an income producing property.One of the standout features is the cooled garage game room, complete with a brand new mini split and a fun mix of classic arcade nostalgia and new age entertainment. This unique space adds serious guest appeal and creates an experience that sets the property apart. Outside, enjoy Arizona living at its best with a sparkling heated pool, beautiful water feature, open air fire pit, and a brand new hot tub just added for even more guest appeal. Take in views of Papago Buttes and Camelback Mountain while relaxing in your private backyard retreat.Additional upgrades include a new roof, updated electrical, and a generous laundry room. Located near Arcadia Park, Starbucks, Veritas Academy, popular restaurants, shopping, hiking, and more, this home offers the perfect blend of convenience and destination appeal.Whether you are looking for a full time residence, a second home, or a proven income producing property, this one checks every box.

Where this home sits

What would my payment be?

Pre-filled with current rates and local property tax — adjust any field to see your actual monthly cost.

Estimated monthly payment
$6,077/mo
Principal & interest
$5,455
Property tax
$530
Insurance
$92

Estimate only — actual payment depends on credit, lender, and taxes/insurance verified at close. Not a loan offer.

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Listing data provided by Arizona Regional Multiple Listing Service (ARMLS). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified.