$1,150,000
$50K PRICE DROP

31620 N 40th Way Cave Creek, AZ 85331

Desert View Neighborhood

Estimated payment $6,450/month

Total Views 8,607
4 Beds
2.5 Baths
2,806 Sq Ft
$410 Price per Sq Ft

Highlights

  • Gated Community
  • Private Yard
  • Breakfast Area or Nook
  • Lone Mountain Elementary School Rated A-
  • Covered Patio or Porch
  • 4 Car Direct Access Garage

About This Home

Wonderful opportunity to own in the gated, boutique neighborhood of La Placia! Built in 2020, this beautifully designed home offers 2,806sf, blending modern comfort with relaxed desert living. A well designed, flexible floor plan offers 4 Br, 2.5 Ba, a spacious bonus room and the 4th Br is current used as an office! Come see the massive 4-car tandem garage, which provides ample space for vehicles, storage, or a workshop. The entertainer's kitchen offers a generous breakfast bar, a cozy breakfast nook, and seamless flow into the expansive living room. The living space overlooks an inviting backyard. Through oversized French patio doors, enter into your backyard oasis, featuring an upgraded turf lawn, custom putting green, and an extended covered patio-perfect for our AZ outdoor lifestyle!

Listing Agent

Megan Fernandez

Coldwell Banker Realty License #SA522429000 Listed on: 07/08/2025

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,243

Year Built

  • Built in 2020

Lot Details

  • 10,400 Sq Ft Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Cellulose Insulation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,806 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Gas Oven
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Lone Mountain Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • ENERGY STAR Qualified Equipment for Heating

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 211-37-772

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Hoamco Association, Phone Number (602) 358-8130
  • Built by Homes by Towne
  • 40Th Street And Lone Mountain Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,243

Year Built

Built in 2020

Lot Details

0

HOA Fees

$165 per month

Parking

4

Listing Details

  • Cross Street: Lone Mountain and Cave Creek Rd
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 165.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2020
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.24
  • Subdivision Name: 40TH STREET AND LONE MOUNTAIN
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 495.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Kitchen Features Built-In Gas Oven2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop, Built-In Gas Oven
  • Total Bedrooms: 4
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 2806.0
  • Stories: 1
  • Window Features: Dual Pane, Vinyl Frame
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Private Street(s), Private Yard, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Blown Cellulose, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes
  • Construction:Blown Cellulose: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Tandem Garage, Garage Door Opener, Extended Length Garage, Direct Access
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 3.0
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Heating: ENERGY STAR Qualified Equipment, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 495.0
  • Association Fee Frequency: Quarterly
  • Association Name: Real Property Mgmt P
  • Phone: 602-358-8130
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Real Property Mgmt P
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 630.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 495.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: HoamCo
  • Association Fees:HOA Management Phone: 602-358-8130
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Lone Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10400.0
  • Parcel #: 211-37-772

Building Info

  • Builder Name: Homes by Towne

Tax Info

  • Tax Annual Amount: 2243.0
  • Tax Book Number: 211.00
  • Tax Lot: 22
  • Tax Map Number: 37.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,243 $38,932 -- --
2024 $2,150 $37,079 -- --
2023 $2,150 $68,900 $13,780 $55,120
2022 $2,091 $49,610 $9,920 $39,690
2021 $2,228 $46,420 $9,280 $37,140
2020 $604 $13,665 $13,665 $0
2019 $584 $11,775 $11,775 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2025 09/04/25 Price Changed $1,150,000 -4.2% $410 / Sq Ft
07/08/2025 07/08/25 For Sale $1,200,000 -- $428 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Special Warranty Deed $639,586 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $139,586 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6885974

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-37-772

Arizona Maricopa County Cave Creek 85331 Desert View

31620 N 40th Way, Cave Creek, AZ

This home is located at 31620 N 40th Way, Cave Creek, AZ 85331 and is currently priced at $1,150,000, approximately $409 per square foot. This property was built in 2020. 31620 N 40th Way is a home located in Maricopa County with nearby schools including Lone Mountain Elementary School, Cactus Shadows High School, and Sonoran Trails Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Megan Fernandez
Listing Agent
Megan Fernandez
Section Image
Coldwell Banker Realty
(602) 638-0078