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$1,135,000

  • For Sale
  • Under Contract
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 0.24 Acres
  • 4 Car Garage
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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 for 31620 N 40th Way

General

  • Price: $1,135,000
  • HOA FEE: $165/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $2,243 (2024)
  • Status: Under Contract
  • Type: Single Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6885974
  • Updated: 12/22/2025
  • Added to Site: 194 day(s) ago

Interior

  • Interior Features: 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: Gas Cooktop, Built-In Gas Oven
  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

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

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
Buyer's Brokerage Compensation: Contact Listing Agent
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— 31620 N 40th Way —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 31620 N 40th Way

School District:Cave Creek Unified District
NameGradesDistance
Lone Mountain Elementary School
5250 East Montgomery Road, Cave Creek, AZ 85331
PK-61.6 mi
Cactus Shadows High School
5802 E. Dove Valley Rd., Scottsdale, AZ 85266
9-122.4 mi
Sonoran Trails Middle School
5555 East Pinnacle Vista Drive, Phoenix, AZ 85085
7-83.3 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
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
87.62%
MLS
6/06/2020
Sold
$639,586
—
Public Record
Get Price Alerts and Save Property
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 for 31620 N 40th Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,306
3%
$80,000
3%
2024
$2,243
4%
$77,820
-4%
2023
$2,150
3%
$80,960
18%
2022
$2,091
—
$68,900
39%
2022
$2,091
-6%
$49,610
7%
2021
$2,228
269%
$46,420
240%
2020
$604
3%
$13,665
16%
2019
$584
226%
$11,775
308%
2018
$179
—
$2,886
—
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 for 31620 N 40th Way

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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31620 N 40th Way, Cave Creek, AZ 85331 (MLS# 6885974) is a Single Family property with 4 bedrooms and 2 full bathrooms. 31620 N 40th Way is currently listed for $1,135,000 and was received on July 08, 2025. This property is 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.

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