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40445 N 32ND Street
Cave Creek, AZ 85331
3 days ago
REDUCED
$1,295,000
Active
3
Beds
3
Baths
3
Garage
7.70
Acres
1993
Yr. Built
MLS# 7004927
Cumulative Days on Market: 183 · Includes prior listings · Currently listed since 03/27/26 · Data provided by the MLS.

Property Description

Heaven on a Hill. 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 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.

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Property Highlights

Property Type
Residential
Property Sub Type
Single Family Residence
Architectural Style
Ranch, Territorial/Santa Fe
Bedrooms
3
Total Bathrooms
3
Living Area
2,511
Price / Sqft
$516
Acres
7.70
Year Built
1993
Cumulative Days On Market
181

Location

City/Township
Cave Creek
View
Desert, Mountain(s)
Subdivision
Cave Creek horse property
County
Maricopa

Property Details

Price
$1,295,000
Property Type
Residential
Property Sub Type
Single Family Residence

Building

Stories
1

Community

Local Schools

Elementary School
Mountain Shadows Elementary School
Middle School
Desert Mountain School
High School
Deer Valley High School
School District
Deer Valley Unified District

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
3
Full Bathrooms
3
Bedrooms
3
Other Rooms
Great Room, Library-Built-in Bookcase

Area and Spaces

Living Area
2,511

Appliances

Appliances
Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Cooktop

Interior Features

Interior Features
High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Wet Bar, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
Flooring
Tile
Laundry Features
Inside
Window Features
Dual Pane
Fireplace Features
Exterior Fireplace, Family Room

Heating and Cooling

Heating Features
Electric
Cooling Included
Yes
Has Fireplace
Yes
Fireplaces
2

Building Details

Construction

Architectural Style
Ranch, Territorial/Santa Fe
Builder
Custom
Year Built
1993

Materials

Construction Materials
Stucco, Wood Frame, Painted
Roof
Foam

Terms

Terms

Ownership
Fee Simple
Disclosures
Other (See Remarks)
Special Conditions
N/A
Special Terms
Cash, Conventional, 1031 Exchange
Cumulative Days On Market
181

Taxes

Tax

Tax (Annual)
$3,926

HOA

Association Fee Includes
No Fees

Heating, Cooling & Utilities

Cooling Features
Central Air, Ceiling Fan(s), Programmable Thmstat

Utilities

Sewer
Septic Tank

Green Energy

Energy Efficiency Features
Solar Panels

Utilities

Water Source
Private Well, Onsite Well

Lot

Acres
7.70
Lot Size
335,412
Lot Size Area Sq Ft
335,412
Lot Features
Rural, North/South Exposure, Borders Preserve/Public Land, Sprinklers In Front, Desert Front, Natural Desert Back, Natural Desert Front
Road Surface
Asphalt

Exterior Features

Exterior Features
Private Street(s), Covered Patio(s), Patio, Private Street(s)
Patio And Porch Features
Covered Patio(s), Patio
Fencing
Back Yard, Partial, Wrought Iron
Other Structures
Shed(s), Barn(s)
For Horses
Yes
Horse Amenities
See Remarks, Arena, Barn, Corral(s), Stall, Tack Room

Parking

Garage Capacity
3
Covered Spaces
3
Parking Features
Garage Door Opener

Pool Features

Has Private Pool
Yes
Pool Features
Outdoor, Fenced
Spa Features
Private
Listed by Russ Lyon Sotheby's International Realty, 480-488-2400
Listing Data last updated 09/30/2026 10:20 pm
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Property History

2 days ago
Property information last updated
3 days ago
Date of last price change
187 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 183 days (includes prior listings) · Currently listed since March 27, 2026. Data provided by the MLS.

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