New River, AZ Multifamily Home for Sale

New River, AZ, located about 35 miles north of Downtown Phoenix, is a rural community in the North Valley, nestled within the mountain foothills of the Sonoran Desert and adjacent to Tonto National Forest. With fewer than 19,000 residents, New River is known for its wide-open spaces and lower home prices compared to neighboring Cave Creek. The area is ideal for those seeking acreage without homeowners association restrictions, allowing for RVs, horses, and custom-built homes. Housing styles range from Santa Fe and traditional ranch to sprawling custom estates, with homes dating from the late 20th century to the 2020s. Residents enjoy access to extensive trail systems in the nearby Tonto National Forest and Cave Creek Regional Park, which offers hiking, mountain biking, and horseback riding opportunities. The local Roadrunner Restaurant & Saloon provides hearty American fare and entertainment like live music and bull riding. For more dining and shopping options, neighboring Anthem features a variety of eateries, grocery stores, and retail outlets. Students in New River attend schools in the highly rated Deer Valley Unified School District, which offers flexible hybrid learning and career education courses. Despite the lack of public transportation, Interstate 17 provides easy access to the Valley and Phoenix Sky Harbor International Airport. New River has a lower risk of violent and property crime than the national average, with services provided by the Maricopa County Sheriff’s Office. However, residents should be prepared for sweltering summer temperatures that can exceed 100 degrees Fahrenheit.