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Sold for $1,100,000
  • $1,100,000

    31620 N 40th Way, Cave Creek, AZ 85331

    4beds
    2,806sqft
    Single Family Residence
    Built in 2020
    10,400 Square Feet Lot
    $1,099,700 Zestimate®
    $392/sqft
    $4,293 Estimated rent

    Home value

    $1,099,700

    $1.01M - $1.20M

    $4,293/mo

    Zestimate® history
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    What's special

    Extended covered patioResort backyardCrackling fireside nightsMesmerizing sunsetsExpansive living spaceTwinkling ambient lightsBubbling jacuzzi
    Desert Paradise Awaits! Indulge in sensory bliss in the 2020-built masterpiece nestled in Cave Creeks coveted, upscale La Placia- a boutique gated haven of just 30 homes. At 2806 livable sq ft, enjoy 4 bedrooms, 2.5 baths, and a 4-car tandem garage for vehicles. storage or your dream workshop. The entertainer's kitchen, with its grand island, flows into an expansive living space. Oversized French doors reveal a resort backyard: custom putting green, bubbling Jacuzzi, twinkling ambient lights, colorful desert flora and an extended covered patio for crackling fireside nights and mesmerizing sunsets. Upgraded to perfection, this home dazzles every sense. Your must-see retreat!

    Zillow last checked:

    Listing updated:

    Listed by:

    Megan Fernandez 623-764-3216,

    Coldwell Banker Realty

    Bought with:

    Michelle Miller, SA643056000

    Berkshire Hathaway HomeServices Arizona Properties

    Source: ARMLS,MLS#: 6885974MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • ENERGY STAR Qualified Equipment, Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thmstat
    Appliances
    • Included: Dryer, Washer, Water Softener Owned, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Cooktop, Built-In Gas Oven
    • Laundry: Inside
    Features
    • Pantry, Non-laminate Counter, High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, 3/4 Bath Master Bdrm
    • Flooring: Carpet, Tile
    • Windows: Double Pane Windows, Vinyl Frame
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 2,806
    • Total interior livable area: 2,806 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Tandem Garage, Garage Door Opener, Extended Length Garage, Direct Access
    • Garage spaces: 4
    • Uncovered spaces: 3
    Features
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Private Street(s), Private Yard, Storage
    • Pool features: None
    • Spa features: None
    • Fencing: Block,Wrought Iron
    Lot
    • Size: 10,400 Square Feet
    • Features: Borders Common Area, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
    Details
    • Parcel number: 21137772

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame, Blown Cellulose, Painted
    • Roof: Tile
    Condition
    • Year built: 2020
    Details
    • Builder name: Homes by Towne

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water
    Green energy
    • Energy efficient items: Multi-Zones

    Community & HOA

    Community
    • Features: Gated
    • Subdivision: 40TH STREET AND LONE MOUNTAIN
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Street Maint
    • HOA fee: $495 quarterly
    • HOA name: Real Property Mgmt P
    • HOA phone: 602-358-8130
    Location
    • Region: Cave Creek

    Financial & listing details

    • Price per square foot: $392/sqft
    • Tax assessed value: $778,200
    • Annual tax amount: $2,243
    • Date on market: 7/8/2025
    • Cumulative days on market: 210 days
    • Listing terms: Cash,Conventional,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/4/2026Sold$1,100,000-3.1%$392/sqft
    Source: ARMLS #6885974 Report a problem
    2/3/2026Pending sale$1,135,000$404/sqft
    Source: ARMLS #6885974 Report a problem
    12/4/2025Price change$1,135,000-0.9%$404/sqft
    Source: ARMLS #6885974 Report a problem
    11/5/2025Price change$1,145,000-0.4%$408/sqft
    Source: ARMLS #6885974 Report a problem
    9/4/2025Price change$1,150,000-4.2%$410/sqft
    Source: ARMLS #6885974 Report a problem
    7/8/2025Listed for sale$1,200,000+87.6%$428/sqft
    Source: ARMLS #6885974 Report a problem
    6/18/2020Sold$639,586$228/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,175 +1.7%$77,820 -3.9%
    2024$2,139 +3%$80,960 +129.3%
    2023$2,078 -0.6%$35,313 -28.8%
    2022$2,091 +246.3%$49,610 +6.9%
    2021$604 +3.5%$46,420 +239.7%
    2020$584 +225.7%$13,665 +16.1%
    2019$179 $11,775
    Find assessor info on the county website

    Neighborhood: Desert View

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lone Mountain Elementary School
    • Middle: Sonoran Trails Middle School
    • High: Cactus Shadows High School
    • District: Cave Creek Unified District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,099,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,099,700