$1,369,800

31045 N 48TH Street, Cave Creek, AZ 85331

3 beds |
2 baths |
1,851 sqft

Single-Family Home
Built in 1979
1.01acre lot
2 car garage
$740/sqft
Listed 1 month ago

Property 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. 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.

Listing Status:: Active
Date Added:: January 7, 2026
Data Last Updated:: February 16, 2026 at 4:09AM
Listing Office:: eXp Realty : 888-897-7821
Listing Agent:: Darren H Tackett : 602-622-1226
MLS ID:: 6964656

General: High Speed InternetGranite CountersEat-in KitchenBreakfast BarVaulted Ceiling(s)Kitchen Island3/4 Bath Master Bdrm
Laundry: InsideWshr/Dry HookUp Only
Flooring: LaminateTile
A/C: Central AirCeiling Fan(s)
Heating: Electric
Fireplace: Family RoomFireplace

General: Private YardStorage
Style: Ranch
Pool: Diving PoolFenced
Parking: Side Vehicle Entry

Roofing: Built-Up
Windows: Solar Screens
General: StuccoWood FramePainted

HOA Amenities: Maintenance Grounds120.0Annually
Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Cave Creek Unified District
County: Maricopa

Zoning: 21163079
Fencing: BlockWrought Iron

Water: City Water
Sewer: Septic in & CnctdSeptic Tank

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Darren H Tackett , eXp Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Lone Mountain Elementary School

5250 E Montgomery Rd, Cave Creek, AZ, 85331

Grades PK-6

0.67 miles away

Sonoran Trails Middle School

5555 East Pinnacle Vista Drive, Phoenix, AZ, 85085

Grades 7-8

2.63 miles away

Cactus Shadows High School

5802 E Dove Valley Rd, Scottsdale, AZ, 85266

Grades 9-12

1.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.