40445 N 32ND Street, Cave Creek, AZ 85331, Cave Creek, 85331 - 3 bed, 3 bath
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Cave Creek, AZ 85331
This Private Desert Horse Property is listed at $1,475,000, representing a stable valuation for this unique acreage near its $1,429,123 Fair Market Value. The residence holds a Move-in Ready Condition Rating thanks to a recently upgraded interior featuring modern bathroom renovations and owned solar panels. The property’s primary value lies in its expansive 7.77-acre lot which backs directly to the Tonto National Forest, offering unmatched privacy and panoramic mountain views. Featuring a mare motel and a versatile barn, this retreat is an ideal match for Equestrian Enthusiasts or Luxury Lifestyle Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40445 N 32ND Street Subject | $1,475,000* List Price | 3 | 3 | 2,511 | $569 | - |
A 40229 N 32 Street Active Under Contract | $1,749,900 List Price | 5 | 5 | 3,344 | $523 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1993, the property has been recently upgraded and is in move-in ready condition. The bathrooms feature modern renovations, including contemporary walk-in showers with marble-style tiling and updated fixtures. The interior showcases well-maintained rustic elements like custom wood ceilings and a rock fireplace, complemented by functional upgrades such as owned solar panels. The overall quality of the flooring and fixtures indicates a high level of upkeep with no immediate repairs required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 163832, living area = 2511.
The property spans 7.77 acres across two parcels and backs directly to Cave Creek Regional Park and Tonto National Forest, offering unmatched privacy and direct access to nature.
Equipped with a mare motel and turnouts, the property is ideal for horse owners, while the barn offers flexible potential for conversion into a professional shop or car collector's garage.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =163832, other record lot size in square feet = 174588.
Built in 1993, the home may have aging mechanical systems or structural elements that require more frequent maintenance compared to newer constructions in the area.
The vast 7.77-acre desert lot and equestrian facilities demand significant ongoing labor and financial investment to manage vegetation and maintain the specialized infrastructure.
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 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. OWNER MAY CARRY. 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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,511 | 2,282 | 58% |
| Lot Size | 163,832 | 9,262.5 | 97% |
| Price | $1.48M | $502.5K | 93% |
| Price per sq ft | $587 | $272 | 97% |
| Built year | 1993 | 1999 | 26% |
| HOA | $0 | $78 | 23% |
| Days on market | 73 | 2645 | 1% |
Mar 26, 2026
$1,475,000
Initial Listing