40445 N 32ND Street, Cave Creek, AZ 85331 (MLS# 7004927)

40445 N 32ND Street, Cave Creek, AZ 85331

New Listing

$1,475,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,511 Lot Size (sq. ft.): 163,832 Status: Active

Current Price: $1,475,000 List Date: 3/31/2026 Last Modified: 3/31/2026

Description

LUCKY 7.77 ACRES -PRIVATE VALLEY HORSE PROPERTY BACKING TO OPEN DESERT Recently upgraded & tucked into a quiet valley setting, this rare Cave Creek property offers the kind of privacy, views, and access to nature that buyers are searching for -- with Cave Creek Regional Park and Tonto National Forest right at your back yard. Set on approximately 7.77 acres (two parcels), this inviting 3-bedroom, 3-bath home offers a warm, welcoming feel with thoughtful spaces for both everyday living and entertaining. A cozy library with custom rock fireplace and built-in shelving creates the perfect retreat, while a built-in bar adds a touch of fun for hosting friends and family. This was designed with horse owner in mind but barn can easily be converted to a shop or car collectors garage.

Supplements: Owner designed with horse owners in mind but could have many other uses. For equestrians, the property features a mare motel with turnouts and ample room to expand into a larger equestrian setup. Whether you're a casual rider or looking to build out a more extensive facility, the land, layout, and location offer exceptional flexibility. Owned solar adds efficiency and value, while the natural desert surroundings provide breathtaking views, abundant wildlife, and a true Arizona lifestyle experience. This is more than a home -- it's a private desert retreat with room to grow, ride, and enjoy the best of Cave Creek living.

More Information MLS# 7004927

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $1,475,000 Status: Active Current Price: $1,475,000 List Date: 2026-03-26

Location, Tax & Legal

Assessor's Map #: 65 Legal Description (Abbrev): PT S2 N2 S2 N 64 AC OF W2 NW4 SEC 24 DAF COM NW COR SD SEC TH S 1320.35F TH E 40F TH E 620.20F TH S Assessor's Parcel #: 2 Assessor Parcel Ltr: U Tax Municipality: Cave Creek Taxes: 3926 House Number: 40445 Compass: N Street Name: 32ND St Suffix: Street City/Town Code: Cave Creek State/Province: AZ Zip Code: 85331 Zip4: 0921 County Code: Maricopa Assessor Number: 211-65-002-U Subdivision: Cave Creek horse property Tax Year: 2025

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Full Bathrooms: 3 Half Bathrooms: 0 Approx SQFT: 2511 Price/SqFt: 587.42 Approx Lot SqFt: 163832 Approx Lot Acres: 3.761 Flood Zone: No Horses: Y Builder Name: Custom Elementary School District: Deer Valley Unified District High School District: Deer Valley Unified District Elementary School: Mountain Shadows Elementary School Jr. High School: Desert Mountain School High School: Deer Valley High School Community Pool Y/N: No Private Pool Y/N: Yes Fireplace YN: Yes Fireplaces Total: 2 Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 3 Total Bathrooms: 3 Year Built: 1993

Legal Info

Range: 3E Section: 24 Township: 6N Lot Number: 1

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Foam: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Ttl Mthly Fee Equiv: 0

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Email: 1 Phone Call: 1

Lockbox Type

None: 1

Architecture

Ranch: 1 Territorial/Santa Fe: 1

Master Bathroom

Full Bth Master Bdrm: 1 Separate Shwr & Tub: 1 Double Vanity: 1

Add'l Property Use

Ranch: 1

Fireplace Features

Fireplace Family Rm: 1 Exterior Fireplace: 1

Flooring

Tile: 1

Window Features

Dual Pane: 1

Private Pool Features

Outdoor: 1 Fenced: 1

Dining Area

Eat-in Kitchen: 1 Breakfast Bar: 1 Breakfast Nook: 1 Dining in LR/GR: 1

Heating

Electric: 1

View

Desert: 1 Mountain(s): 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Built-in Microwave: 1 Pantry: 1 Refrigerator: 1 Electric Cooktop: 1 Granite Counters: 1

Cooling

Ceiling Fan(s): 1 Programmable Thmstat: 1 Central Air: 1

Interior Features

Vaulted Ceiling(s): 1 Wet Bar: 1

Laundry

Washer Included: 1 Dryer Included: 1 Inside: 1

Basement

Basement Y/N: N

Other Rooms

Great Room: 1 Library-Blt-in Bkcse: 1

Separate Den/Office

Sep Den/Office Y/N: Y

Road Access Type

Dedicated Street: 1

Road Surface Type

Asphalt: 1

Road Responsibility

City Maintained Road: 1

Technology

Sat Dish TV Ownd: 1 High Speed Internet: 1

Fencing

Back Yard: 1 Wrought Iron: 1 Partial: 1

Water Source

Private Well: 1 Onsite Well: 1

Exterior Features

Covered Patio(s): 1 Patio: 1 Private Street(s): 1

Spa

Private: 1

Sewer

Septic Tank: 1

Parking Spaces

Slab Parking Spaces: 2 Total Covered Spaces: 3 Garage Spaces: 3

Parking Features

Garage Door Opener: 1

New Financing

Cash: 1 Conventional: 1 1031 Exchange: 1

Energy/Green Feature

Solar Panels: 1

Plumbing

Electric Hot Wtr Htr: 1

Solar Panels

Ownership: Owned Outright

Utilities

APS: 1

Existing 1st Loan

Treat as Free&Clear: 1

Property Description

Borders Preserve/Public Land: 1 North/South Exposure: 1 Rural: 1

Landscaping

Desert Front: 1 Natural Desert Front: 1 Natural Desert Back: 1 Yrd Wtring Sys Front: 1

Horse Features

Corral(s): 1 Stall: 1 Barn: 1 Tack Room: 1 Arena: 1 See Remarks: 1

Other Structures

Barn(s): 1 Shed(s): 1

Disclosures

Other (See Remarks): 1

Residential Propane Tank

Residential Propane Tank: Owned

Possession

Close of Escrow: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Remarks Misc

Cross Street: Saddle Mountain Rd & 24th St Directions: From Carefree Hwy go N on 24th St. to Saddle Mountain Rd, then go E to top of hill, and continue N on 32nd to sign @driveway. Geo Lat: 33.853134 Geo Lon: -112.011822

Property Features

Special Listing Cond: N/A Add'l Property Use: Ranch Architecture: Ranch; Territorial/Santa Fe View: Desert; Mountain(s) Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity Fireplace Features: Fireplace Family Rm; Exterior Fireplace Flooring: Tile Window Features: Dual Pane Private Pool Features: Outdoor; Fenced Spa: Private Dining Area: Eat-in Kitchen; Breakfast Bar; Breakfast Nook; Dining in LR/GR Kitchen Features: Electric Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Granite Counters Laundry: Washer Included; Dryer Included; Inside Other Rooms: Great Room; Library-Blt-in Bkcse Interior Features: Vaulted Ceiling(s); Wet Bar Technology: Sat Dish TV Ownd; High Speed Internet Exterior Features: Covered Patio(s); Patio; Private Street(s) Other Structures: Barn(s); Shed(s) Parking Features: Garage Door Opener Road Access Type: Dedicated Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Foam Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat Heating: Electric Plumbing: Electric Hot Wtr Htr Utilities: APS Water Source: Private Well; Onsite Well Sewer: Septic Tank Fencing: Back Yard; Wrought Iron; Partial Property Description: Borders Preserve/Public Land; North/South Exposure; Rural Landscaping: Desert Front; Natural Desert Front; Natural Desert Back; Yrd Wtring Sys Front Horse Features: Corral(s); Stall; Barn; Tack Room; Arena; See Remarks Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; 1031 Exchange Disclosures: Other (See Remarks)

Documents

SPDS Well & Residence ›

Listing Office: Russ Lyon Sotheby's International Realty

Last Updated: March - 31 - 2026