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$1,349,000
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Property Description
Set on over an acre along a paved road in the heart of Cave Creek, this exceptional horse property offers rare versatility--ideal for a multi-generational family residence. The main residence features 3-bedroom, 2 bathrooms with a solid footprint and classic character, providing the perfect canvas for thoughtful updates to customize to your taste. Complementing the main home, the casita offers 2-bedrooms, 2 bathrooms approximately 1,500 square feet of newer construction with modern finishes, delivering move-in-ready accommodations for extended family or guests. Designed for outdoor living and entertaining, the property features a private backyard oasis complete with a barn, pool, fireplace, outdoor kitchen, and expansive low-maintenance artificial turf--creating a resort-style atmosphere with minimal upkeep. The generous acreage provides ample room for horses, recreation, and privacy while still offering convenient paved-road access. Two separate septic systems further enhance the property's flexibility and long-term functionality for multiple dwellings. This is a rare opportunity to own a highly adaptable estate in Cave Creek, where a few interior updates to the main home could transform the property into a truly remarkable property tailored to your vision.
Full Property Details
Full Property Details for 31045 N 48th St
General
- Price: $1,349,000
- HOA FEE: $10/month
- HOA FEE FREQ.: Annually
- Taxes: $1,709 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6964656
- Updated: 3/26/2026
- Added to Site: 78 day(s) ago
Interior
- Interior Features: High Speed Internet, Granite Counters, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, 3/4 Bath Master Bdrm
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room
- Appliances: Dishwasher, Electric Range
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Inside, Wshr/Dry HookUp Only
Additional Information
- Pool: Yes
- Pool Description: Diving Pool, Fenced
Exterior
- Exterior Features: Private Yard, Storage
Parking
- Garage: Yes
- Garage Spaces: 4
- Parking Features: Side Vehicle Entry
Location
- County: Maricopa
- Township: 5N
- Subdivision: DESERT FOOTHILLS NORTH
- Cross Streets: CAVE CREEK RD & LONE MOUNTAIN RD.
Community
- Association: Yes
- Assoc. Name: Desert Foothills HOA
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Ranch,
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Built-Up
- Windows: Solar Screens
- Sq. Ft. Source: Assessor
- Year Built: 1979
Lot Features
- Lot Size (Acres): 1.01
- Lot Size (Sq. Ft.): 44,063
- Lot Size Source: Assessor
- Lot Features: Sprinklers In Front, Desert Back, Desert Front
Horse Property
- Horse Property: Yes
Financial Considerations
- Association Fee: $120
- Assoc Fee Freq.: Annually
- Tax Amount: $1,709
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 72 DESERT FOOTHILLS NORTH MCR
- Property ID: 211-63-079
- Range: 4E
- Section: 20
- Lot Number: 72
Listed by eXp Realty
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Schools
Schools serving 31045 N 48th St
School District:Cave Creek Unified District
| Name | Grades | Distance |
|---|---|---|
Lone Mountain Elementary School 5250 East Montgomery Road, Cave Creek, AZ 85331 | PK-6 | 0.6 mi |
Cactus Shadows High School 5802 E. Dove Valley Rd., Scottsdale, AZ 85266 | 9-12 | 1.7 mi |
Sonoran Trails Middle School 5555 East Pinnacle Vista Drive, Phoenix, AZ 85085 | 7-8 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 31045 N 48th St
Date
Details
Price
Change
Source
2/17/2026
Price Reduced
$1,349,000
-1.52%
MLS
1/07/2026
Listed
$1,369,800
482.89%
MLS
2/01/2011
Sold
$235,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 31045 N 48th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,709
2%
$91,370
4%
2024
$1,681
4%
$88,200
6%
2023
$1,609
2%
$83,110
23%
2022
$1,576
—
$67,670
20%
2022
$1,576
-11%
$56,510
7%
2021
$1,769
32%
$53,010
86%
2020
$1,345
3%
$28,530
—
2019
$1,304
4%
$28,460
6%
2018
$1,256
4%
$26,770
4%
2017
$1,210
—
$25,730
4%
2016
$1,204
6%
$24,770
6%
2015
$1,139
8%
$23,470
17%
2014
$1,054
-2%
$20,050
-1%
2013
$1,072
—
$20,210
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 31045 N 48th St
31045 N 48th Street, Cave Creek, AZ 85331 (MLS# 6964656) is a Single Family property with 6 bedrooms and 5 full bathrooms. 31045 N 48th Street is currently listed for $1,349,000 and was received on January 07, 2026. Want to learn more about 31045 N 48th Street? Do you have questions about finding other Single Family real estate for sale in Cave Creek? You can browse all Cave Creek real estate or contact a Coldwell Banker agent to request more information.

