7040 E Highland Rd, Cave Creek, AZ 85331

Off market sep 2020 for $450K

$1,112,482

Est. refi paymentEst. refi $3,015/mo

—

•

4 ba

•

2,968

sq ft

7040 E Highland Rd, Cave Creek, AZ 85331

About this home

TERRITORIAL ON 2.3 ACRES. THIS IS AN INCREDIBLE VALUE. REDUCED $40,000! 2 YR NEW FOAM ROOF. R-44 INSULATION IN CEILINGS - R30 IN WALLS. DUAL PANE WINDOWS. OVERSIZED SOLAR WATER HEATER. 40,000 GAL. DIVING POOL, BEAUTIFUL YD W/MATURE LANDSCAPING. GR8 VIEWS FRONT & REAR. EACH ROOM IS AN OVERSIZED RM. 4 SKYLITES, 7 CEILING FANS, DUAL ZONE AC. VAULTED, PLANKED CEILINGS COVER 1/2 OF HSE. BEVELED ENTRY. LIBRARY W/WALLS OF HANDCRAFTED OAK CABINETS. BRAND NEW PAINT & CARPETING.

Single-familyProperty Type

1986Year Built

2.31 acresLot Size

$375Est. Price/Sq.Ft.

3 car garageParking

Listed by Seth Leeds • RMA-Achievers

Bought with Jon Denney • John Hall & Associates

Source:ARMLS #1623010

Redfin Estimate

$1,112,482

$662K since sold in September 2020$5,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 0.4% lower than the average sale price ($1.12M) of 6 comparable homes.

SOLD JUL 27, 2026
$960,000
A
3 beds3 baths3,169 sq ft
7143 E Highland Rd, Cave Creek, AZ 85331
SOLD OCT 9, 2026
$1,409,000
B
4 beds3 baths3,069 sq ft
38601 N Rising Sun Rd, Carefree, AZ 85377
SOLD AUG 11, 2026
$1,125,000
C
4 beds3 baths2,845 sq ft
5835 E Lone Mountain North Rd, Cave Creek, AZ 85331
SOLD JUL 2, 2026
$1,213,000
D
4 beds4 baths3,210 sq ft
6759 E Saber Rd, Cave Creek, AZ 85331
SOLD AUG 6, 2026
$1,000,000
E
3 beds2 baths2,648 sq ft
39258 N Ridgeway Dr, Cave Creek, AZ 85331
SOLD MAY 6, 2026
$997,000
F
3 beds2.5 baths2,536 sq ft
39402 N Spur Cross Rd, Cave Creek, AZ 85331

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Earn from this home

Sell

$730,541

Est. take-home

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Refinance

Est. cash available

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Rent

$4,993/mo

Redfin rental estimate

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Market trends in 85331, AZ

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price

97.0%

0.6% MoM

Median sale price

$900K

$10K MoM

Avg. days on market

72d

4 days MoM

Recently sold homes

134

13 MoM

New listings for sale

OPEN SUN, 11AM TO 1PM
$525,000
2 beds2 baths1,702 sq ft
33550 N Dove Lakes Dr #1044, Cave Creek, AZ 85331
OPEN TODAY, 1PM TO 4PM
$950,000
3 beds2 baths2,182 sq ft
5650 E Ocupado Dr, Cave Creek, AZ 85331
OPEN SUN, 11AM TO 2PM
$1,599,999
4 beds3.5 baths4,094 sq ft
35201 N 51st St, Cave Creek, AZ 85331
$749,900
4 beds3 baths3,255 sq ft
4621 E Desert Forest Trl, Cave Creek, AZ 85331
NEW 12 HRS AGO
$1,375,000
4 beds2.5 baths3,026 sq ft
4661 E Rockrose Dr, Cave Creek, AZ 85331
NEW 12 HRS AGO
$850,000
4 beds2.5 baths2,582 sq ft
26832 N 45th Pl, Cave Creek, AZ 85331
NEW 14 HRS AGO
$759,900
3 beds2 baths1,730 sq ft
37605 N Hidden Valley Dr, Cave Creek, AZ 85331
NEW 15 HRS AGO
$634,900
3 beds2 baths1,743 sq ft
4429 E Via Dona Rd, Cave Creek, AZ 85331
NEW 20 HRS AGO
$1,095,000
4 beds2.5 baths3,300 sq ft
31214 N Ranch Rd, Cave Creek, AZ 85331
NEW 21 HRS AGO
$255,000
1 bed1 bath742 sq ft
29606 N Tatum Blvd #277, Cave Creek, AZ 85331
See all

Provided by Redfin

Sale history for 7040 E Highland Rd

Date

Event

Price

Public Records

Sep 2, 2020

Sold

$450,000

$152/sq ft

ARMLS #1623010

Jun 1, 2001

Sold

$370,000

$125/sq ft

May 20, 2001

Listing Removed

—

Apr 9, 2001

Listed

$399,900

$135/sq ft

ARMLS #1557744

Apr 9, 2001

Listing Removed

—

Oct 10, 2000

Listed

$399,900

$135/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,219 (+0.4%)

2024

$2,209 (−23.7%)

2023

$2,896 (+2.0%)

2022

$2,839 (−10.3%)

$11,430 + $45,730

$57,160

2021

$3,164 (+19.3%)

$11,570 + $46,280

$57,850

2020

$2,651 (−1.4%)

$10,590 + $42,370

$52,960

2019

$2,689 (+2.5%)

$10,550 + $42,210

$52,760

2018

$2,623 (+1.9%)

$10,550 + $42,210

$52,760

2017

$2,573 (+0.6%)

$10,040 + $40,170

$50,210

2016

$2,558 (+5.7%)

$11,050 + $44,230

$55,280

2015

$2,421 (+8.1%)

$9,720 + $38,880

$48,600

2014

$2,239 (−12.9%)

$8,520 + $34,100

$42,620

2013

$2,572 (+11.6%)

$8,270 + $33,110

$41,380

2012

$2,306 (+8.5%)

$8,270 + $33,110

$41,380

2011

$2,125 (−20.0%)

$9,300 + $37,210

$46,510

2010

$2,657 (+6.2%)

$11,650 + $46,630

$58,280

2009

$2,503

$12,880 + $51,550

$64,430

Tax history for 7040 E Highland Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,219 (+0.4%)

2024

$2,209 (−23.7%)

2023

$2,896 (+2.0%)

2022

$2,839 (−10.3%)

$11,430 + $45,730

$57,160

2021

$3,164 (+19.3%)

$11,570 + $46,280

$57,850

2020

$2,651 (−1.4%)

$10,590 + $42,370

$52,960

2019

$2,689 (+2.5%)

$10,550 + $42,210

$52,760

2018

$2,623 (+1.9%)

$10,550 + $42,210

$52,760

2017

$2,573 (+0.6%)

$10,040 + $40,170

$50,210

2016

$2,558 (+5.7%)

$11,050 + $44,230

$55,280

2015

$2,421 (+8.1%)

$9,720 + $38,880

$48,600

2014

$2,239 (−12.9%)

$8,520 + $34,100

$42,620

2013

$2,572 (+11.6%)

$8,270 + $33,110

$41,380

2012

$2,306 (+8.5%)

$8,270 + $33,110

$41,380

2011

$2,125 (−20.0%)

$9,300 + $37,210

$46,510

2010

$2,657 (+6.2%)

$11,650 + $46,630

$58,280

2009

$2,503

$12,880 + $51,550

$64,430

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

DR-89

Desert Rural Residential Zones

The purpose of the Desert Rural (DR) zone is to prevent urban and desert land use conflicts by protecting scenic vistas, protecting natural habitats and natural features such as hillsides and washes, and to ensure that residential development is harmonious and sensitive to the natural environment.

Permitted uses

Include but are not limited to:

Ranch
Religious facility
Housing-Single unit
Infrastructure
Recreation
Park & open space

Property details

Interior

Bathroom Information
# of Bathroom Fixtures: 10

Heating & Cooling
Air Conditioning Type: Refrigeration
Heating Type: Forced Air

Room Information
# of Rooms: 7

Exterior

Exterior Information
Physical Condition: Average
Building Construction Quality: Good
Exterior Wall: Frame Wood
Building Type: Residential

Pool Information
Has Pool

Property Information
Living Sq. Ft: 2,968
Building Sq. Ft: 2,968
# of Stories: 1
Legal Description: SE4 SW4 SE4 NE4 EX S 25F RD

Parking & Garage Information
# of Parking Spaces: 3

Lot Information
# of Buildings: 1
Land Sq. Ft: 100,667
Municipality Name: CAVE CREEK
Acres: 2.311
Zoning Code: DR-89
State Use Description: SINGLE FAM RES-URBAN SUBD

Financial

Assessor Information
Assessment Year: 2025
Tax Area: 932200

Public facts

Beds: —
Baths: 4.0
Sq. Ft.: 2,968
Stories: 1.0
Lot Size: 2.31 acres
Style: Single Family Residential
Year Built: 1986
Year Renovated: —
County: Maricopa County
APN: 21614004R

Home facts updated by county records on Sep 26, 2026

Around this home

Schools

Black Mountain Elementary School

Public PreK-6 • Assigned • 4.5mi

8/10

Cactus Shadows High School

Public 8-12 • Assigned • 4.8mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

8/10 Fire Factor

34% chance of being in a wildfire in next 30 years

8/10 Heat Factor

7 days above 107° expected this year, 19 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Cave Creek, AZ • 85331

Average low and high temperatures (°F)

102

104

105

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 13.2 hours in June and 7.6 hours in December, placing it above the U.S. average for solar exposure.

13.2 hrs

7.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.06M – $1.28M

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New listings for sale in 85331

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33550 N Dove Lakes Dr #1044, Cave Creek, AZ 85331

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OPEN TODAY, 1PM TO 4PM

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OPEN SUN, 11AM TO 2PM

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NEW 12 HRS AGO3D WALKTHROUGH

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NEW 12 HRS AGO

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NEW 14 HRS AGO3D WALKTHROUGH

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NEW 15 HRS AGO3D WALKTHROUGH

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Covered patio • Landscaped back yard • Charming fireplace

NEW 20 HRS AGO

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Updated interior • Outdoor living • Mature shade trees

Home values near 7040 E Highland Rd

Data from public records.

Address	Redfin Estimate
6999 East Highland Rd, Cave Creek, AZ 3 Beds \| 2.5 Baths \| 2689 Sq. Ft.	$1,183,750
7113 East Highland Rd, Cave Creek, AZ 3 Beds \| 2 Baths \| 2912 Sq. Ft.	$1,211,202

Address	Redfin Estimate
6990 East Highland Rd, Cave Creek, AZ 2 Beds \| 1.75 Baths \| 1621 Sq. Ft.	$765,347
7037 East Highland Rd, Cave Creek, AZ 4 Beds \| 3 Baths \| 3159 Sq. Ft.	$1,013,194

Address	Redfin Estimate
7012 East Highland Rd, Cave Creek, AZ - Beds \| 3 Baths \| 3057 Sq. Ft.	$1,180,707
7108 East Highland Rd, Cave Creek, AZ 5 Beds \| 4.5 Baths \| 3100 Sq. Ft.	$1,417,872

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 85331, AZ

Sale history for 7040 E Highland Rd

Tax history for 7040 E Highland Rd

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 85331

Home values near 7040 E Highland Rd

More real estate resources