31045 N 48TH Street, Cave Creek, AZ 85331 - MLS #6964656

images$1,369,800 images3 Beds

images2 Bath images1,851 sqft images1979

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Description

Set on over an acre along a paved road in the heart of Cave Creek, this exceptional horse property offers rare versatility with three separate livable structures, including two ADUs, making it ideal for a multi-generational compound, guest retreat, or income-producing opportunity. The main residence features 1,351 square feet with a solid footprint and classic character, offering the perfect canvas for thoughtful updates to customize to your taste. Complementing the main home are two detached guest residences—approximately 1,500 square feet and 600 square feet—both showcasing newer construction and modern finishes, providing move-in-ready accommodations for extended family, guests, or rental use.

Supplements: Designed for outdoor living and entertaining, the property boasts a private backyard oasis complete with a pool, fireplace, outdoor kitchen, and an abundance of low-maintenance artificial turf, creating a resort-style atmosphere with minimal upkeep. The expansive acreage provides ample space for horses, recreation, and privacy, all while maintaining convenient access via paved roads. Adding to the property's functionality are two separate septic systems, enhancing flexibility and long-term usability for multiple dwellings. This is a rare opportunity to own a highly adaptable estate in Cave Creekwhere a few interior updates to the main home can transform this property into a truly remarkable compound tailored to your vision.

Property Features
Special Listing Cond: N/A
Architecture: Ranch
Master Bathroom: 3/4 Bath Master Bdrm
Fireplace Features: Fireplace Family Rm
Flooring: Laminate; Tile
Window Features: Solar Screens
Private Pool Features: Fenced; Diving Pool
Spa: None
Dining Area: Formal; Eat-in Kitchen; Breakfast Bar; Dining in LR/GR
Kitchen Features: Electric Range; Dishwasher; Granite Counters; Kitchen Island
Laundry: Washer Hookup; Inside
Other Rooms: Family Room
Interior Features: Vaulted Ceiling(s)
Technology: Cable TV Avail; High Speed Internet
Exterior Features: Covered Patio(s); Patio; Pvt Yrd(s)/Crtyrd(s); Storage
Parking Features: Side Vehicle Entry
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Built-Up
Cooling: Central Air; Ceiling Fan(s)
Heating: Electric
Utilities: APS
Water Source: City Water
Sewer: Septic Tank; Septic-In & Connected
Fencing: Wrought Iron; Block
Landscaping: Desert Front; Desert Back; Yrd Wtring Sys Front
Lockbox Type: None
Possession: Close of Escrow
Association Fee Incl: Common Area Maint
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional
Disclosures: Agency Discl Req
Contract Information
List Price: $1,369,800
Status: Active
Current Price: $1,369,800
List Date: 2026-01-07
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 31045
Compass: N
Street Name: 48TH
St Suffix: Street
City/Town Code: Cave Creek
State/Province: AZ
Zip Code: 85331
Zip4: 5903
County Code: Maricopa
Assessor Number: 211-63-079
Subdivision: DESERT FOOTHILLS NORTH
Tax Year: 2025
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 3
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 1851
Price/SqFt: 740.03
Horses: Y
Builder Name: Unknown
Year Built: 1979
Approx Lot SqFt: 44063
Approx Lot Acres: 1.012
Community Pool Y/N: No
Private Pool Y/N: Yes
Fireplace YN: Yes
Fireplaces Total: 1
Elementary School District: Cave Creek Unified District
High School District: Cave Creek Unified District
Elementary School: Lone Mountain Elementary School
Jr. High School: Sonoran Trails Middle School
High School: Cactus Shadows High School
Remarks Misc
Cross Street: CAVE CREEK RD & LONE MOUNTAIN RD.
Directions: E on Lone Mountain Rd. S on 48th ST to Home on Left. Or to stay on paved road, S on 49th St. SW on Rancho Tierra Dr. W on Rancho Laredo Dr. N on 48th St to home on Right.
Geo Lat: 33.768095
Geo Lon: -111.977578
Legal Info
Township: 5N
Range: 4E
Section: 20
Lot Number: 72
Basement
Basement Y/N: N
Parking Spaces
Garage Spaces: 2
Total Covered Spaces: 2
Showing Notification Methods
Showing Service: Aligned Showings