Exquisite Mountain Estate Bordering Sitgreaves National Forest
This meticulously designed mountain estate offers a rare opportunity to own private land directly bordering the Sitgreaves National Forest, providing a genuine sanctuary and direct access to miles of USFS trails. Nestled in the exclusive ''island'' community of Forest Lakes atop the Mogollon Rim at approximately 7,600 feet elevation, the property is set in the middle of the world's largest stand of Ponderosa Pines. Residents enjoy some of the best summer weather in the world, with average temperatures 30 to 50 degrees cooler than the Phoenix Valley, which is just a scenic two-hour drive away.
The exterior of the home is designed for both beauty and ease of care. The backyard is meticulously terraced with stone walls and features lush synthetic turf, creating a low-maintenance and visually stunning landscape that frames breathtaking views of the bordering forest. Because the property sits on the edge of the USFS, your back-door neighbors are truly nature's finest, including elk, deer, and wild horses.
Inside and out, no expense is being spared in the construction of this exquisite home. The entire structure, including the stem walls, is insulated with the best closed-cell foam to ensure unparalleled energy efficiency and soundproofing. High-end architectural details are found throughout; even the covered patio and all eaves of the dwelling feature dramatic beamed ceilings with tongue and groove, extending the home's luxury to the outdoor living spaces. A concrete paver driveway leads to a massive three-plus car garage, providing ample space for vehicles and storage.
This location is an outdoor enthusiast's dream. In addition to the endless forest trails, some of the best trout fishing in the Western USA is just minutes away at numerous Rim Lakes, such as Woods Canyon Lake and Willow Springs Lake, along with streams teeming with wild trout.
Active
$2,495,000
500 Mule Springs Trl, Forest Lakes, AZ 85931
4beds
3,030sqft
Single Family Residence
Built in 2025
1.21 Acres Lot
$2,394,800 Zestimate®
$823/sqft
$-- HOA
What's special
Lush synthetic turf
- 34 days
- 514
- 15
Zillow last checked:
Listing updated:
Listed by:
Charlie Walters 602-577-1111,
Real Estate Brokers Intl
Source: CAAR,MLS#: 94439
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Heating
- Heat Pump
Cooling
- Ceiling Fan(s), Heat Pump
Appliances
- Laundry: Gas or Electric Hook Up, Laundry Room
Features
- Wired for Sound, No Interior Steps, Breakfast Bar, Kitchen-Dining Combo, Walk In Pantry, Kitchen Island
- Flooring: Concrete, Vinyl
- Windows: Double Pane Windows
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Gas, Two or More, Outside
Interior area
- Total structure area: 3,030
- Total interior livable area: 3,030 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage Door Opener, Oversized
- Garage spaces: 3
Features
- Exterior features: Built-in Barbecue, Outdoor Grill
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 1.21 Acres
- Dimensions: 271.6 x 160.37 x 323.03 x 196.68
- Features: Landscaped, Many Trees, Tall Pines on Lot, Borders USNF
Details
- Parcel number: 40335030
- Zoning: Residential
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin,Lodge
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding, HardiPlank Type
- Roof: Metal
Condition
- New construction: Yes
- Year built: 2025
Community & HOA
Community
- Security: Smoke Detector(s), Security System
- Subdivision: Forest Lakes
Location
- Region: Forest Lakes
Financial & listing details
- Price per square foot: $823/sqft
- Tax assessed value: $325,457
- Annual tax amount: $1,531
- Date on market: 8/1/2026
- Listing terms: Cash,Conventional,1031 Exchange
- Road surface type: Gravel
Estimated market value
$2,394,800
$2.28M - $2.51M
$4,847/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2026 | Listed for sale | $2,495,000$823/sqft |
Source: | ||
| 8/1/2026 | Listing removed | $2,495,000$823/sqft |
Source: | ||
| 4/18/2026 | Price change | $2,495,000-4%$823/sqft |
Source: | ||
| 12/29/2025 | Listed for sale | $2,600,000$858/sqft |
Source: | ||
| 12/26/2025 | Listing removed | $2,600,000$858/sqft |
Source: | ||
| 7/5/2025 | Listed for sale | $2,600,000+766.7%$858/sqft |
Source: | ||
| 5/16/2023 | Sold | $300,000-7.7%$99/sqft |
Source: | ||
| 5/1/2023 | Pending sale | $325,000$107/sqft |
Source: | ||
| 4/27/2023 | Listed for sale | $325,000$107/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,602 +4.7% | $32,546 +3.5% |
| 2025 | $1,531 +8.5% | $31,458 -2.9% |
| 2024 | $1,410 +4.4% | $32,408 +35.9% |
| 2023 | $1,351 +3.3% | $23,842 +29.3% |
| 2022 | $1,308 +5.7% | $18,444 +13.1% |
| 2021 | $1,238 +2.1% | $16,305 +1.4% |
| 2020 | $1,212 +3.6% | $16,086 +15.8% |
| 2019 | $1,170 | $13,886 +9.2% |
| 2018 | $1,170 +9.4% | $12,719 +6% |
| 2017 | $1,070 +3.9% | $12,000 +3.5% |
| 2016 | $1,030 | $11,593 +3.6% |
| 2015 | $1,030 +5.4% | $11,186 +13.7% |
| 2014 | $977 | $9,834 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | $1,164 +28.2% | -- |
| 2009 | $908 +26.8% | -- |
| 2008 | $716 | -- |
| 2007 | -- | -- |
| 2006 | $610 | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
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