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$1,200,000 Just Listed
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Property Description
Rare 7-acre horse property directly across from State Trust Land & San Tan Mountain Regional Park, offering incredible trail access for horseback riding, hiking, & biking. On well water & EPCOR service is available at the property line. 2 parcels sold together as 1 property, creating a premier equestrian estate, custom home site, or legacy ranch opportunity. Existing equestrian improvements include 16 covered horse stalls, turnouts w/ 3-6 stalls, a round bullpen & roping length arena. RV Hookups, no HOA! Ride straight from the property onto miles of trails. Panoramic San Tan Mountain views, breathtaking Arizona sunsets, star-filled skies, & distant city lights. Tiny home could be used as primary residence or guest quarters. Rare acreage in a growing corridor, just minutes to city amenities This property comes ready for the full homestead lifestyle -- a chicken coop for your flock and a dedicated tack/tool shed to keep gear organized and out of the weather. One parcel includes an existing 1974 dwelling, offering the potential to reduce future impact fees for a new custom home (buyer to verify). Combined APNs 509-15-046 and 509-15-047. Suburban Ranch (SR) zoning on both parcels.
Full Property Details
Full Property Details for 31845 N Thompson Rd #5
General
- Price: $1,200,000
- Taxes: $716 (2025)
- Status: Active
- Type: Lots/Land
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7053603
- Updated: 7/24/2026
- Added to Site: 1 day(s) ago
Location
- County: Pinal
- Township: 03S
- Subdivision: SANTAN RANCHES UNIT 5
- Cross Streets: Thompson Rd. & Phillips Rd.
Utilities
- Dist. to Gas: Call Listing Office
- Dist. to Electric: On Property
- Dist. to Sewer: On Property
- Water: Domestic Well
- Dist. to Water: On Property
- Well: Yes
- Dist. to Telecomm: On Property
Additional Structures
- Other Structures: Corral(s), Shed(s), Stable(s), Barn(s), Residence
Lot Features
- Property View: Mountain(s), City, Desert, Panoramic, City Lights
- Mountain views: Yes
- Lot Size (Acres): 7
- Lot Size (Sq. Ft.): 307,414
- Lot Dimensions: 500 x 618
- Frontage: Asphalt
- Lot Features: East/West Exposure, Corner Lot, North/South Exp, Borders Pres/Pub Lnd
- Trees/Vegetation: Natural Vegetation, Low Desert
- Zoning: SR
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Arena, Barn, Bridle Path Access, Corral(s), Stall, Tack Room
Financial Considerations
- Tax Amount: $716
- Tax Year: 2025
- Terms: Cash, No Carry, 1031 Exchange, Conventional
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: LOT 5 SANTAN RANCHES UNIT 5
- Property ID: 509-15-047
- Range: 07E
- Section: 14
- Lot Number: 5
Listed by HomeSmart Lifestyles
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Schools
Schools serving 31845 N Thompson Rd #5
School District:Florence Unified School District
| Name | Grades | Distance |
|---|---|---|
San Tan Heights K-8 2500 W San Tan Heights Blvd, San Tan Valley, AZ 85142 | K-8 | 1.5 mi |
San Tan Foothills High School 1255 W Silverdale Rd, Queen Creek, AZ 85142 | 9-12 | 2.9 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 31845 N Thompson Rd #5
Date
Details
Price
Change
Source
7/24/2026
Listed
$1,200,000
445.7%
MLS
10/09/2018
Sold
$219,900
—
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 31845 N Thompson Rd #5
Year
Property Taxes
Change
Tax Assessment
Change
2024
$709
-1%
-100%
2025
$716
1%
$33,427
—
2023
$709
2%
$33,427
3%
2022
$698
-8%
$32,545
115%
2021
$756
10%
$15,127
-6%
2020
$689
—
$16,135
—
2019
$688
4%
$16,135
65%
2018
$661
6%
$9,774
16%
2017
$625
2%
$8,433
-26%
2016
$615
-4%
$11,397
-2%
2015
$639
21%
$11,607
45%
2013
$528
—
$8,021
—
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 31845 N Thompson Rd #5
31845 N Thompson Road #5, Queen Creek, AZ 85144 (MLS# 7053603) is a Lots/Land property with a lot size of 7 acres. 31845 N Thompson Road #5 is currently listed for $1,200,000 and was received on July 24, 2026. Want to learn more about 31845 N Thompson Road #5? Do you have questions about finding other Lots/Land real estate for sale in Queen Creek? You can browse all Queen Creek real estate or contact a Coldwell Banker agent to request more information.

