32905 N 140TH Street, Scottsdale, AZ 85262, Scottsdale, 85262 - 3 bed, 3 bath
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Scottsdale, AZ 85262
This Elite Equestrian Ranch is a High-Potential Investment Opportunity, listed at $2,450,000—positioned well below the $2,509,819 Fair Market Value by 2%. This valuation gap offers $59,819 in Instant Equity. Featuring a Condition Rating of 4, the property includes a chef's kitchen, wagon wheel timber beams, and professional equestrian facilities. With unobstructed mountain views and a 5-acre hilltop lot, this is a premier lifestyle asset ideal for Equestrian Enthusiasts or Luxury Owner-Occupants seeking a private, turn-key ranch retreat.
Property is moderate renovation needed.
The residence was built in 2002, making it 24 years old and placing it in the >20y category. While the equestrian facilities are brand new (completed 2024), the main home's interior features—such as chiseled granite and wagon wheel beams—reflect its original construction era and likely require cosmetic updates to meet modern 'Excellent' standards, despite being well-maintained.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 217800, living area = 3002.
The property is a premier horse ranch featuring a professional 120x200 arena, a custom 60x80 steel barn, and a newly completed 2024 facility with a private well, offering turn-key utility for cattle or horse enthusiasts.
Situated on a 5-acre hilltop bordering the Tonto National Forest, the property provides exceptional privacy and unobstructed, panoramic views of Granite Mountain and the surrounding desert landscape.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =217800, other record lot size in square feet = 217713.
All assigned public schools are located more than 10 miles away, which may pose a significant logistical challenge for families with school-aged children.
The extensive specialized ranch facilities and large acreage cater to a very specific lifestyle buyer, potentially limiting the pool of interested parties compared to standard luxury residential homes.
Some properties hold you still the moment you arrive. This hilltop 5 acre horse ranch -- adjacent 5.8 acres available -- borders Tonto Nat'l Forest with Granite Mountain filling the horizon. The centerpiece is a custom 60x80 steel barn with six 20x20 covered stalls, a reclaimed wood tack room, 120x200 professional arena with announcer's booth, 60-foot round pen, and solar entry gates. A second engineered facility (comp. Nov. 2024) adds 10 covered pens, 39 configurable gates, tack and supplement rooms, and a private well. Suitable for cattle or horses. Inside, wagon wheel timber beams crown the great room, a chef's kitchen delivers 6-burner gas, double ovens, and chiseled granite, and the primary suite opens to mnt views and a fireplace over the jacuzzi tub. Properties built like this rarely come available! Arrange a virtual tour if you want to get a sneak peek.
No exterior & parking available.
Grades K-6 • 10.1 mi
Grades PK-6 • 10.3 mi
Grades 4-5 • 11.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 35% |
| Baths | 3.0 | 4.0 | 35% |
| Square foot | 3,002 | 3,567 | 24% |
| Lot Size | 217,800 | 35,937 | 95% |
| Price | $2.45M | $0 | 86% |
| Price per sq ft | $816 | $0 | 90% |
| Built year | 2002 | 2002 | 50% |
| HOA | $0 | $300 | 24% |
| Days on market | 16 | 2087 | 1% |
May 21, 2026
$2,450,000
Initial Listing