El Portillo Estate Homes with 1031 Exchange New Financing

El Portillo Estate Homes with 1031 Exchange New Financing

Welcome to El Portillo Estate, a hidden gem nestled in the vibrant city of Mesa, Arizona. This charming neighborhood is a perfect blend of suburban tranquility and urban convenience, making it an ideal location for families and professionals alike. With its picturesque tree-lined streets and beautifully maintained homes, El Portillo Estate offers a warm and inviting atmosphere that feels like home the moment you arrive.

Residents of El Portillo Estate enjoy easy access to a variety of amenities. The neighborhood is just a stone's throw away from local parks, schools, and shopping centers, ensuring that everything you need is within reach. Whether you're looking for a weekend outing at the nearby Mesa Community College or a leisurely stroll through one of the many parks, you'll find plenty of options to suit your lifestyle.

For those considering a smart investment opportunity, El Portillo Estate is also an excellent choice for homes eligible for 1031 Exchange financing. This means you can seamlessly transition your investment portfolio while taking advantage of the tax benefits associated with real estate exchanges. With the rising demand for housing in Maricopa County, investing in this neighborhood not only secures a beautiful home but also offers potential for long-term financial growth.

Discover the charm and convenience of El Portillo Estate, where community spirit thrives and your dream home awaits. Whether you’re looking for a cozy starter home or a spacious family residence, this neighborhood has something to offer everyone. Come explore El Portillo Estate today, and see why it’s the perfect place to call home!

Newest El Portillo Estate Homes with 1031 Exchange New Financing

1550 N 40th Street Unit 12, Mesa
$2,395,000
5 Beds ⋅ 5 Baths ⋅ 7019622 MLS ⋅ 6,107 SqFt.
Designed for exceptional entertaining with clearly separated living and sleeping spaces, this fully reimagined 6,107-square-foot residence is set on a 0.69-acre parcel within a gated enclave of just 14 custom estates in Mesa's coveted El Portillo. The main-level primary suite includes an adjoining private office or retreat, while the secondary bedrooms and a spacious lounge are located upstairs, creating a distinct upper-level bedroom wing with flexible options for offices, fitness, hobbies or media. Two impressive entertaining and living environments define the main floor. A dramatic open foyer introduces the formal living and dining areas, while a separate, relaxed gathering zone brings together the expansive great room, open kitchen and theater room. Fireplaces with custom stone surrounds add warmth and architectural character to the formal living room, great room and primary suite. Both entertaining areas flow directly to the resort-style backyard, where deep roof overhangs and intimate courtyards create inviting spaces for shaded outdoor living. The pool features an integrated spa and submerged seating designed for relaxing with a favorite beverage. An exterior-access bathroom with a shower adds convenience for poolside activities and entertaining. The home has undergone an extensive top-to-bottom renovation, resulting in a cohesive blend of craftsmanship, comfort and integrated smart-home technology. Smooth-finish walls and fresh interior and exterior paint enhance the home's crisp, polished presentation. Designed for serious cooking and effortless hosting, the kitchen features generous runs of luminous backlit Cristallo stone; a suite of Sub-Zero, Wolf and Cove appliances, including wall ovens, a professional-style range, refrigerator and dishwasher; and an open layout that keeps the cook connected to the great room. Custom cabinetry, substantial hardware, quality doors, app-controlled lighting and automated window shades demonstrate the attention given to every detail. The bathrooms have also been completely remodeled with updated tile, fixtures, cabinetry and refined finishes. Flood irrigation helps maintain the property's mature landscaping and citrus grove. With the renovation complete and every space thoughtfully finished, this home is ready for entertaining, relaxing and enjoying from the moment you arrive. Parking and storage are equally well considered, with generous on-property parking, extensive built-in garage storage and a gated RV parking pad. Community recreational amenities include a dual-purpose tennis and pickleball court, basketball court and covered cabana for outdoor gatherings.

1550 N 40th Street Unit 12, Mesa

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