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$1,100,000
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Property Description
Desert Paradise Awaits! Indulge in sensory bliss in the 2020-built masterpiece nestled in Cave Creeks coveted, upscale La Placia- a boutique gated haven of just 30 homes. At 2806 livable sq ft, enjoy 4 bedrooms, 2.5 baths, and a 4-car tandem garage for vehicles. storage or your dream workshop. The entertainer's kitchen, with its grand island, flows into an expansive living space. Oversized French doors reveal a resort backyard: custom putting green, bubbling Jacuzzi, twinkling ambient lights, colorful desert flora and an extended covered patio for crackling fireside nights and mesmerizing sunsets. Upgraded to perfection, this home dazzles every sense. Your must-see retreat!
Full Property Details
Full Property Details for 31620 N 40th Way
General
- Sold For: $1,100,000
- HOA FEE: $165/month
- HOA FEE FREQ.: Quarterly
- Taxes: $2,243 (2024)
- Status: Closed
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6885974
- Added to Site: 240 day(s) ago
Interior
- Interior Features: Walk-in Pantry, Non-laminate Counter, High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
- Appliances: Dryer, Washer, Water Softener Owned, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Cooktop, Built-In Gas Oven
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Private Street(s), Private Yard, Storage
Parking
- Garage: Yes
- Garage Spaces: 4
- Parking Features: Tandem Garage, Garage Door Opener, Extended Length Garage, Direct Access
Location
- County: Maricopa
- Subdivision: 40TH STREET AND LONE MOUNTAIN
- Cross Streets: Lone Mountain and Cave Creek Rd
Community
- Association: Yes
- Assoc. Name: Real Property Mgmt P
- Assoc. Fees Include: Maintenance Grounds, Street Maint
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thermostat
- Heating Type: ENERGY STAR Qualified Equipment, Natural Gas
Utilities
- Water: City Water
Structural Information
- Builder: Homes by Towne
- Exterior Const.: Stucco, Wood Frame, Blown Cellulose, Painted
- Roof: Tile
- Windows: Dual Pane, Vinyl Frame
- Sq. Ft. Source: Assessor
- Year Built: 2020
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,400
- Lot Size Source: Assessor
- Lot Features: Borders Common Area, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
- Fencing (Description): Block, Wrought Iron
Green Features
- Energy Efficient: Multi-Zones
Financial Considerations
- Association Fee: $495
- Assoc Fee Freq.: Quarterly
- Tax Amount: $2,243
- Tax Year: 2024
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 211-37-772
- Lot Number: 22
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Schools
Schools serving 31620 N 40th Way
School District:Cave Creek Unified District
| Name | Grades | Distance |
|---|---|---|
Lone Mountain Elementary School 5250 East Montgomery Road, Cave Creek, AZ 85331 | PK-6 | 1.6 mi |
Cactus Shadows High School 5802 E. Dove Valley Rd., Scottsdale, AZ 85266 | 9-12 | 2.4 mi |
Sonoran Trails Middle School 5555 East Pinnacle Vista Drive, Phoenix, AZ 85085 | 7-8 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 31620 N 40th Way
Date
Details
Price
Change
Source
2/04/2026
Sold
$1,100,000
-3.08%
MLS
12/04/2025
Price Reduced
$1,135,000
-0.87%
MLS
11/05/2025
Price Reduced
$1,145,000
-0.43%
MLS
9/04/2025
Price Reduced
$1,150,000
-4.17%
MLS
7/08/2025
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
31620 N 40th Way, Cave Creek, AZ 85331 (MLS# 6885974) is a Single Family property that was sold at $1,100,000 on February 04, 2026. This property was listed by Megan Fernandez from our North Scottsdale Office.Want to learn more about 31620 N 40th Way? 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.


