31256 N 40TH Place, Cave Creek, AZ 85331, Cave Creek, 85331 - 4 bed, 3 bath
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Cave Creek, AZ 85331
This Turn-Key Desert Oasis is listed at $699,900, offering a stable value proposition closely aligned with its $667,155 Fair Market Value. Boasting a Condition Rating of 3, the property features extensive high-end improvements including owned solar panels, a new roof (2022), and Anderson windows. The exterior is a masterclass in outdoor living, featuring a resurfaced pool, putting green, and elevated patio with mountain and sunset views. Located in the sought-after Tatum Ranch community, this home is a premier choice for Owner-Occupants or growing families seeking a sophisticated, maintenance-free sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31256 N 40TH Place Subject | $699,900* List Price | 4 | 3 | 1,868 | $357 | - |
A 31044 N 40TH Place Sold | $563,900 | 3 | 3 | 1,739 | $324 | 0.1 mi |
B 4321 E RANCHO CALIENTE Drive Sold | $559,900 List Price | 3 | 2 | 1,810 | 0.5 mi | |
C 30844 N 41ST Place Sold | $625,000 | 3 | 2 | 2,000 | $313 | 0.3 mi |
D 30417 N 42ND Place Sold | $550,000 | 4 | 3 | 1,798 | $306 | 0.7 mi |
E 4205 E Chaparosa Way Active | $600,000 List Price | 3 | 2 | 1,601 | $375 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant recent upgrades that extend the life of major systems, including a new roof (2022), Anderson windows, and 2023 appliances. While the 1993 original construction is visible in the kitchen cabinet profiles, they have been refreshed with paint and granite countertops. The extensive outdoor renovations—including a resurfaced pool, owned solar, and premium landscaping—along with the high level of maintenance, place this property firmly in the 'good' category despite its age.
The property features owned solar panels and a new roof installed in 2022, providing significant utility savings and reducing future capital expenditure for the buyer.
The backyard is a fully realized entertainment space with a resurfaced pool, putting green, built-in grill, and an elevated patio that captures stunning Arizona sunset and mountain views.
Extensive high-end improvements including Anderson windows, fresh exterior paint, and 2023 appliances ensure a move-in-ready experience with modern functionality.
With four bedrooms packed into 1,868 square feet, individual room sizes or common areas may feel somewhat constrained compared to larger contemporary builds in this price range.
Despite the modern finishes, the 1993 original construction may still reflect a more traditional segmented layout rather than the expansive open-concept designs preferred by some modern buyers.
Turn-key 4 bed, 3 bath home packed with upgrades: new roof (2022), owned solar, fresh exterior paint, Anderson windows, and a renovated primary walk-in closet. The backyard is fully dialed in with a resurfaced pool featuring a variable-speed pump, water feature, removable safety fence, turf front and back, putting green, built-in grill and griddle. Enjoy a covered patio, elevated patio, and balcony with sunset views. New dishwasher, washer and dryer, water softener (2023), Vivint security, granite countertops, vaulted ceilings, and a wood-burning fireplace.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 52% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,868 | 2,250 | 24% |
| Lot Size | 6,017 | 9,245 | 20% |
| Price | $699.9K | $590.0K | 64% |
| Price per sq ft | $375 | $291 | 76% |
| Built year | 1993 | 1999 | 24% |
| HOA | $107 | $78 | 58% |
| Days on market | 42 | 2381 | 1% |
Mar 11, 2026
$699,900
Initial Listing