Bedrooms:
2
Bathrooms:
1
Square Feet:
852 sqft
For Sale
Open Houses
May 9, 10:00 am - 12:00 pm
Virtual Tour of 7040 W Olive Avenue 40, Peoria 85345
Property Description
PRICE REDUCED! Rare standalone townhome across from community pool & spa!
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!
General Information
Price:
$259,900
Status:
Active
Listing Updated:
5/8/2026
List Date:
3/5/2026
Close Date
Square Feet:
852
Bedrooms:
2
Bathrooms:
1
Garage Spaces:
0.00
Year Built:
1987
Builder Name:
Design Master Homes
Subdivision:
Olive Square Condominiums Phase 1
City:
Peoria
Zip:
85345
County:
Maricopa
HOA Y/N:
Yes
HOA Fee:
$283
HOA Paid Frequency:
Monthly
HOA Transfer Fee:
0.000
Taxes:
$417
Tax Year:
2025
MLS ID:
6994015
Listing Attribution:
West USA Realty
Property Features
Interior Features
High Speed Internet, Breakfast Bar, No Interior Steps, Laminate Counters
Exterior Features
Flooring
Vinyl
Laundry
Inside,
Fireplace Features
Cooling
Heat Pump, Central Air, Ceiling Fan(s)
Heating
Heat Pump, Electric
Utilities
Pool
Spa
None
Construction Finish
Stucco, Wood Frame, Painted
Roofing
Composition, Tile
Water
City Water
Sewage
, Public Sewer
Fencing
Block, Wrought Iron
School Information
High School:
Centennial High School
High School District:
Peoria Unified School District
Middle School:
Ira A Murphy
Elementary School:
Ira A Murphy
Elementary School District:
Peoria Unified School District
Community Information
Subdivision:
Olive Square Condominiums Phase 1
Community Features
Pool, Community Spa, Community Spa Htd, Near Bus Stop, Biking/Walking Path
Lot Information
Lot Size (sq feet):
828
Lot Features:
Borders Common Area, Desert Front, Grass Back
Fencing:
Block, Wrought Iron
Location Information
Directions:
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).
Cross Street:
Olive Ave And 71st Ave
Map:
View on Map














































































