40816 N Fleming Springs Road, Cave Creek, AZ 85331, Cave Creek, 85331 - 3 bed, 4 bath
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Cave Creek, AZ 85331
Analysis of 40816 N Fleming Springs Road, Cave Creek, AZ 85331 is currently available with a list price of $1,695,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Cave Creek Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
The property is in move-in ready condition with significant recent upgrades that elevate it above its 1988 build date. It features a newly constructed 2,000 sq ft barn/garage and professional equestrian facilities. The interior is well-maintained with an updated kitchen featuring stone countertops and white cabinetry, newer mechanical systems, and a high-end primary suite. While the Spanish-style Saltillo tile and architecture reflect the original era, the components are functional, updated, and show minimal wear.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 102792, living area = 3052.
The property features a newly built 2,000 sq ft barn with a car lift and 50-amp hookup, alongside a professional arena and stalls, making it a premier choice for horse enthusiasts and collectors.
Situated on 2.36 acres in Cave Creek’s horse country, the home offers panoramic views of Black Mountain and direct access to scenic desert trails, providing an authentic ranch lifestyle.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =102792, other record lot size in square feet = 217800.
With only three bedrooms for over 3,000 square feet of living space, the home may not accommodate larger families or those requiring multiple guest rooms at this price point.
The expansive 2.36-acre lot, combined with specialized equestrian facilities and a massive secondary structure, requires substantial ongoing maintenance and management.
Desert Ranch Living in Cave Creek's sought-after western horse country. This 2.36-acre property offers open skies, panoramic views of Black Mountain and surrounding peaks, breathtaking sunsets, and direct access to scenic desert trails. A newly built 2,000 sq ft (40'x50') barn garage features a car lift, 3 oversized doors, and 50-amp hookup perfect for trucks, trailers, RVs, or workshop space. Enjoy a newly set up arena and stalls for true ride-out convenience. This no-step Spanish style home offers an open layout, spacious bedrooms, office, warm finishes, and a primary suite with clawfoot tub, walk-in shower, dual closets, and private patio. Attached 2-car garage, circular driveways, newer mechanicals, and ample outdoor living complete this authentic ranch retreat just mins to downtown.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 84% |
| Square foot | 3,052 | 2,282 | 76% |
| Lot Size | 102,792 | 9,335.5 | 97% |
| Price | $1.70M | $590.0K | 96% |
| Price per sq ft | $555 | $290 | 95% |
| Built year | 1988 | 1999 | 12% |
| HOA | $0 | $78 | 24% |
| Days on market | 27 | 2376 | 1% |
Mar 26, 2026
$1,695,000
Initial Listing