40229 N 32 Street, Cave Creek, AZ 85331, Cave Creek, 85331 - 5 bed, 5 bath
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Cave Creek, AZ 85331
This Move-in Ready Luxury Retreat is listed at $1,749,900, representing a stunning sanctuary in Excellent Condition Rating. Positioned near its $1,688,037 Fair Market Value, the pricing reflects a stable valuation for this rare location against preserved land and extensive modern upgrades. The residence boasts Two Private Casitas, Panoramic Desert Views, and a Gourmet Kitchen with dual islands and KitchenAid appliances. Featuring brand-new Panoramic Doors, a resort-style pool, private balconies, and RV parking, this turnkey home offers a seamless transition into a desert lifestyle. It is perfectly suited for Luxury Lifestyle Seekers or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40229 N 32 Street Subject | $1,650,000* List Price | 5 | 5 | 3,344 | $493 | - |
A 40205 N 26TH Street Active | $1,895,000 List Price | 6 | 7 | 4,372 | $433 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1999, the property has undergone extensive recent renovations that bring it up to modern luxury standards. The gourmet kitchen is fully updated with new KitchenAid stainless steel appliances, dual islands, and contemporary cabinetry. The interior features brand-new 4-panel panoramic doors, updated bathrooms with modern vanities and fixtures, and new wood-look flooring throughout. With a brand-new water tank system and well-maintained exterior features like the pool and casitas, the home shows no signs of deferred maintenance and appears virtually new.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 103586, living area = 3344.
The property features two private casitas with separate entrances and balconies, offering an exceptional setup for multi-generational living or a high-end short-term rental investment.
Nestled against preserved land on a mountaintop, the residence provides unparalleled privacy and sweeping, unobstructed panoramas of the Sonoran Desert and sunsets.
The reliance on a 2,500-gallon water tank suggests the property may require more active monitoring and management than homes connected to municipal water systems.
Given the 1999 construction and elevated mountaintop location, the property may necessitate more frequent upkeep of exterior finishes and systems due to harsh desert elements.
Nestled against preserved land, this stunning mountaintop retreat captures sweeping Sonoran Desert panoramas and unforgettable sunset views! The main residence features 3 bedrooms and 2.5 baths, plus two private casitas—each with its own entrance and private balcony tucked against their own mountain backdrop. It's the perfect setup for a full-time residence, a luxury getaway, or an incredible Airbnb investment opportunity! This rare desert sanctuary offers exceptional privacy while being just 45 minutes from the airport and minutes from the vibrant, one-of-a-kind town of Cave Creek, celebrated for its legendary restaurants, live music, horseback riding, hiking, biking, air balloon rides, museums, shopping, art galleries, ATV adventures, and more. You're also only minutes from Lake Pleasant and Bartlett Lake, where you can enjoy boating, skiing, paddle boarding, marina dining, and endless outdoor fun. The home even includes RV parking with full hookups, all set against the same stunning panoramic views. Inside, a spacious great room greets you with brand-new 4-panel panoramic doors that frame jaw-dropping desert viewsan entertainer's dream. The gourmet kitchen features dual islands, a breakfast bar, granite countertops, a stone backsplash, pendant lighting, crown moulding, and new KitchenAid stainless steel appliances, along with countless thoughtful upgrades throughout. The split floor plan highlights a grand primary suite with outdoor access, a cozy stone fireplace, walk-in closet, dual sinks, soaking tub, and a glass-enclosed shower. Additional upgrades include a brand-new 2,500-gallon water tank with remote monitoring and high-speed Wi-Fi interneteverything you need for comfort, connection, and convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.5 | 90% |
| Baths | 5.0 | 3.0 | 96% |
| Square foot | 3,344 | 2,282 | 82% |
| Lot Size | 103,586 | 9,262.5 | 96% |
| Price | $1.65M | $502.5K | 95% |
| Price per sq ft | $493 | $272 | 94% |
| Built year | 1999 | 1999 | 50% |
| HOA | $0 | $78 | 23% |
| Days on market | 204 | 2645 | 3% |
May 14, 2026
$1,650,000
$1,749,900
-6% Price Drop
Initial Listing
Nov 15, 2025
$1,749,900
Initial Listing