7040 W OLIVE Avenue #40 Peoria, AZ 85345
2 Beds
1 Bath
852 SqFt
Open House
Sat Apr 18, 10:00am - 12:00pm
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 852 sqft
Price per Sqft $316
Subdivision Olive Square Condominiums Phase 1
MLS Listing ID 6994015
Style Ranch
Bedrooms 2
Full Baths 1
HOA Fees $283/mo
HOA Y/N Yes
Year Built 1987
Annual Tax Amount $417
Tax Year 2025
Lot Size 828 Sqft
Acres 0.02
Property Sub-Type Townhouse
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Don't miss this rare opportunity to own a charming 2 bedroom, 1 bath standalone townhome ideally located directly across from the community pool and spa.
This inviting home features an open-concept kitchen and living area, perfect for everyday living or entertaining. Recent updates include luxury vinyl plank flooring installed in 2024 and a new water heater in 2025, offering modern style and peace of mind.
The primary bedroom includes a private patio exit and overlooks the peaceful greenbelt, while the front bedroom enjoys views of the pool area. The bathroom features dual entry access, adding convenience and functionality. All appliances are included:
-Refrigerator
-Stainless steel flat-top range
-Built-in microwave
-Dishwasher
-Newer stackable washer & dryer (2022)
Step outside to relax on the enclosed back patio adjacent to the greenbelt, perfect for quiet mornings or entertaining guests. Residents also enjoy easy access to the community pool and spa just steps away.
Located in a highly convenient area near shopping, dining, and Glendale Community College, this home combines comfort, updates, and an excellent location.
A truly special property -- must see!
Location
State AZ
County Maricopa
Community Olive Square Condominiums Phase 1
Area Maricopa
Direction East on Olive Ave. Left on Olive Square. Drive to the left of the complex and park north of the cluster mailbox. Walk down sidewalk toward the community pool. Property located on the left side of the pool (directly across from the pool).
Rooms
Master Bathroom None
Den/Bedroom Plus 2
Separate Den/Office N
Interior
Interior Features High Speed Internet, Breakfast Bar, No Interior Steps, Laminate Counters
Heating Heat Pump, Electric
Cooling Heat Pump, Central Air, Ceiling Fan(s)
Flooring Vinyl
Fireplace No
Window Features Screens,Dual Pane
Appliance Stacked Washer/Dryer, Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range
SPA None
Laundry Inside, Wshr/Dry HookUp Only
Exterior
Parking Features Assigned
Carport Spaces 1
Fence Block, Wrought Iron
Community Features Pool, Community Spa, Community Spa Htd, Near Bus Stop, Biking/Walking Path
Utilities Available SRP
Roof Type Composition,Tile
Porch Patio
Private Pool No
Building
Lot Description Borders Common Area, Desert Front, Grass Back
Story 1
Builder Name Design Master Homes
Sewer Sewer in & Cnctd, Public Sewer
Water City Water
Architectural Style Ranch
New Construction No
Schools
Elementary Schools Ira A Murphy
Middle Schools Ira A Murphy
High Schools Centennial High School
School District Peoria Unified School District
Others
HOA Name Olive Square Condos
HOA Fee Include Insurance,Sewer,Pest Control,Maintenance Grounds,Street Maint,Front Yard Maint,Trash,Maintenance Exterior
Senior Community No
Tax ID 143-11-718
Ownership Condominium
Acceptable Financing Cash, Conventional, FHA, VA Loan
Horse Property N
Disclosures Agency Discl Req, Seller Discl Avail
Possession Close Of Escrow
Listing Terms Cash, Conventional, FHA, VA Loan
Virtual Tour https://www.zillow.com/view-imx/089a64b6-cfee-49c6-828f-a7518eb05b88?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.