#6821213, Rui Barros, Listing office: HomeSmart
#6885974·
Listing office: Coldwell Banker Realty·
Listing agent: Megan Fernandez·
Listing office phone: 480-291-1600
$1,200,000 List price
31620 N 40th Way Cave Creek, AZ 85331
3 beds
3 baths
2,806 sqft
0.2 acres
$428 / sqft
House
Property details
About 31620 N 40th Way
Wonderful opportunity to own in the gated, boutique neighborhood of La Placia! Built in 2020, this beautifully designed home offers 2,806sf, blending modern comfort with relaxed desert living. Featuring 3 bedrooms, 2.5 baths, a dedicated office, and a spacious bonus room, this home offers flexibility. Whats not to love about the massive 4-car tandem garage, providing ample space for vehicles, storage, or a workshop. The entertainer's kitchen offers a generous breakfast bar, a cozy breakfast nook, and seamless flow into the expansive living room. The living space overlooks an inviting backyard. Through oversized French patio doors, enter into your backyard oasis, featuring an upgraded turf lawn, a custom putting green, and an extended covered patio-perfect for your AZ outdoor lifestyle!
Highlights
Home typeSingle Family Residence
HeatingENERGY STAR Qualified Equipment, Natural Gas
StatusActive
CoolingCentral Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
Size2,806 sqft
Lot size0.24 Acres
Year built2020
ParkingTandem Garage, Garage Door Opener, Extended Length Garage, Direct Access
MLS #6885974
Garage4 spaces
Summary
- Flooring Type: Carpet, Tile
- Interior: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
- Fireplace: None
- Total Bedroom Count: 3
- Garage Space: 4 spaces
- Parking: Tandem Garage, Garage Door Opener, Extended Length Garage, Direct Access
- Exterior: Private Street(s), Private Yard, Storage
- Heating: ENERGY STAR Qualified Equipment, Natural Gas
- Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
- List Price: $1,200,000
- Price/SqFt: $427
- HOA Amount: $495 Quarterly
- Annual Tax Amount: $2,150
- Tax Year: 2024
- Lot: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
- Directions: From Cave Creek head West on Lone Mountain. At 40th Way (La Placia sign) turn Right/North. Go through gate, take immediate left. Road curves North and becomes 40th Way, home is on the left.
- Year Built: 2020
- Stories: 1
- Living Area: 2,806 SqFt
- Lot Size: 0.24 Acres
- MLS Number: 6885974
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Coldwell Banker Realty
- Office Phone: (480) 291-1600
- Office Email: sandra.hess@azmoves.com
- Listing Agent: Megan Fernandez
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/11/2025, 10:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 18, 2020 | Home Sold | $639,586 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $80,960 | $2,150 |
| 2023 | $68,900 | $2,090 |
| 2022 | $49,610 | $2,228 |
| 2020 | $13,665 | $603 |
| 2019 | $11,775 | $179 |
History based on county public records data.
Nearby schools
8
Desert Willow Elementary School
Public District PK-6
0.4 mi
•4322 E Desert Willow Pkwy
10
Wildfire Elementary School
Public District KG-6
5.5 mi
•3997 E Lockwood Dr
9
Boulder Creek Elementary School
Public District PK-6
5.9 mi
•22801 N 22nd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $133,801. Most Cave Creek, AZ residents have annual incomes between $100k-200k. The most common type of family is married, with kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
10%
<35k
21%
35k-100k
48%
100k-200k
21%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
23%
Single, No Kids
8%
Single, with Kids
32%
Married, No Kids
37%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
10%
12-17 yrs old
10%
18-34 yrs old
50%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Extreme Sports
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
Similar homes for sale
#6882576, Daria Cordova, Listing office: Tinzie Realty
#6867187, Claudiu Barbos, Listing office: HomeSmart
#6864131, Shannon M Pencille, Listing office: HomeSmart
Backup offers
#6864907, Ryan Hoover, Listing office: West USA Realty
#6827505, Ashley Ahee, Listing office: The Ave Collective
#6866598, Laura L. Jewett, Listing office: Platinum Living Realty
#6778490, David Furnia, Listing office: Coldwell Banker Realty
#6867296, Zaira Chacon, Martha Lopez Castro, Listing office: HomeSmart
#6876445, Andrew Gregg, Listing office: West USA Realty
Frequently asked questions
About 31620 N 40th Way
The listing price of 31620 N 40th Way property is $1,200,000.
The property 31620 N 40th Way is a house located in Cave Creek, Arizona, 85331.
Active Listing: 31620 N 40th Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 31620 N 40th Way are: Desert Willow Elementary School (GreatSchools Rating 8/10), Wildfire Elementary School (GreatSchools Rating 10/10), Boulder Creek Elementary School (GreatSchools Rating 9/10), Sonoran Trails Middle School (GreatSchools Rating 6/10), Desert Mountain School (GreatSchools Rating 9/10), Explorer Middle School (GreatSchools Rating 8/10), Cactus Shadows High School (GreatSchools Rating 7/10), Pinnacle High School (GreatSchools Rating 8/10), Hope High School Online (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $2,150 (source: MLS/based on county public records data).
The last sale was on June 18, 2020 for $639,586 (source: MLS/tax record).
The property at 31620 N 40th Way has 3 bedrooms and 3 bathrooms.
The property 31620 N 40th Way is 2,806 SqFt (source: MLS/tax record).
The year of construction for 31620 N 40th Way is 2020.
This home is located at 31620 N 40th Way in Cave Creek, AZ and zip code 85331 in the Desert View neighborhood. This 2,806 square foot home, which was built in 2020, sits on a 0.24 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 8, 2025 and is currently priced at $1,200,000.
Over 3 listings were sold over their listed price in June 2025 in Cave Creek, AZ. In the same period over 32 listings were sold below the listed price and 8 listings were sold for the listed price. The inventory of homes for sale in Cave Creek, AZ between May and June 2025 decreased by 6.3%. In June 2025 median list price was $820,000 and the average listing age was 89 days.
From Rocket Homes Real Estate and based on county public records data.