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The Condo Mania Team

MLS: 6962734     $740,000
3 Bedrooms with 3 Baths

MLS: 6962734 Condo For Sale
16540 E EL LAGO BOULEVARD 40#40
FOUNTAIN HILLS AZ 85268

MLS:  6962734
Status:  ACTIVE
List Price:  $740,000
Price per SQFT:  $356
Square Footage:  2081

3 Bedrooms
3 Baths
Year Built:  2000
Zip Code:  85268

 

Listing Remarks

Welcome to your dream desert oasis in the heart of Fountain Hills! Walking distance to restaurants, shopping and the world famous fountain! This single level patio home has it all- including NO STEPS! Indoor/outdoor living with 2 patios. Overlooking a large grassy area, the charming outdoor space is perfect for enjoying your favorite beverage or entertaining with friends on the covered patio. The best part of all, this beautiful home is LOW MAINTENANCE! Enjoy all of the perks of beautifully manicured landscaping with none of the work! The kitchen includes upgraded cabinets, granite countertops, walk in pantry, island, open concept to dining with fireplace, beverage bar and living room. The primary bedroom has direct access to the back patio, large ensuite with dual vanities... separate shower and tub and large walk in closet. 2nd bedrooms is split with an ensuite and 3rd bedroom can be used as a bedroom or office with double door entry. The gated community offers a heated pool, spa & cabana. Perfect lock & leave home, HOA maintains all landscaping, roof and exterior maintenance.

Address: 16540 E EL LAGO BOULEVARD 40#40 FOUNTAIN HILLS AZ 85268

MLS Logo  ARMLS MICHELLE GLENN of RUSS LYON SOTHEBY'S INTERNATIONAL REALTY

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Condo Mania Agent

Featured Real Estate Agent Mary Ann Kren

Mary Ann Kren

HomeSmart
Scottsdale Real Estate Agent
Phone: 480-221-4437

Contact Mary Ann Kren

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Listing Photos

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Listing Details

STATUS:Active
PROPERTY TYPE:Residential
PROPERTY SUB TYPE:Patio Home
LISTING CONTRACT DATE:2026-01-02
ON MARKET DATE:2026-01-03
BEDROOMS:3
BATHROOMS:3
LIVING AREA SQ FT:2081
LIVING AREA SOURCE:Assessor
YEAR BUILT:2000
TAXES:$2,092
HOA/MGMT CO:villa estates HOA
HOA/MGMT PHONE:480-396-4567
HOA FEES FREQUENCY:Monthly
HOA FEES:$450
HOA INCLUDES:Roof Repair, Insurance, Maintenance Grounds, Street Maint, Maintenance Exterior
COMMUNITY FEATURES:Pool
APPLIANCES INCLUDED:Electric Cooktop
BUILDER NAME:Visser Development
CONSTRUCTION:Stucco, Wood Frame
HEATING:Natural Gas
COOLING:Central Air, Ceiling Fan(s), Programmable Thmstat
INTERIOR FEATURES:Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Separate Shwr & Tub
LOT FEATURES:Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Front, Grass Back
# GARAGE SPACES:2
# CARPORT SPACES:0
ROOF:Other, Tile
STORIES TOTAL:1
LEGAL DESCRIPTION:LOT 40 VILLA ESTATES AT TOWN CENTER CONDOMINIUMS MCR
LISTING AGENT:MICHELLE GLENN
LISTING OFFICE:RUSS LYON SOTHEBY'S INTERNATIONAL REALTY
LISTING CONTACT:480-695-9899

Estimated Monthly Payments

List Price:$740,000
20% Down Payment:$148,000
Loan Amount:$592,000
Loan Type:30 Year Fixed
Interest Rate:6.5 %
Monthly Payment:$3,742

Estimate does not include taxes, fees, insurance.

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Property Location: 16540 E EL LAGO BOULEVARD 40#40 FOUNTAIN HILLS AZ 85268


Blue Marker: This Listing               Red Marker: Active Listings Nearby

Nearby Active Listings Within: 0.25 mi

MLS # List PriceAddressBedsBaths Sq FtCommunity
6962196 $398,000 16622 E AVENUE OF THE FOUNTAIN 200#200 2 2 968
6860843 $330,000 16631 E EL LAGO BOULEVARD 212#212 2 2 1085 DESERT SAGE
6921070 $315,000 16631 E EL LAGO BOULEVARD 208#208 2 2 1085 DESERT SAGE
6922869 $329,000 16631 E EL LAGO BOULEVARD 214#214 2 2 1085 DESERT SAGE
6954721 $300,000 16528 E GUNSIGHT DRIVE 104#104 2 2 1010 EL PRIMERO
6935668 $270,000 12635 N LA MONTANA DRIVE 1#1 2 1 1032 LA MONTANA
6950161 $255,000 12635 N LA MONTANA DRIVE 2#2 1 1 858 LA MONTANA
6922787 $328,500 16715 E EL LAGO BOULEVARD 212#212 2 2 1085 PLAZA DEL LAGO
6952449 $334,900 16715 E EL LAGO BOULEVARD 317#317 2 2 1085 PLAZA DEL LAGO
6944924 $400,000 16525 E AVENUE OF THE FOUNTAIN 106#106 2 2 1190 TOWN CENTER CROSSING

Condo Mania Agent

Featured Real Estate Agent Andrew Birss

Andrew Birss

HomeSmart
Scottsdale Real Estate Agent
Phone: 602-349-1003

Contact Andrew Birss

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ARMLS Logo indicates a property listed by a real estate brokerage other than Homesmart. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Based on information from the Arizona Regional Multiple Listing Service. Copyright © 2025. Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

Last Updated: 2026-01-04 15:11:31