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4016 E Forest Pleasant Place

Cave Creek, AZ 85331

3 beds
3 baths
5,019 sqft
~1 acre lot
$377 per sqft
1993 build
– on site

A fantastic generational property opportunity! This ranch style home is situated on an acre+ corner lot ( with horse privileges ) in the desirable Cave Creek area and has limitless potential. The set-up of this home offers abundant flexibility. There are multiple income producing opportunities available with this unique property. The home was originally a 2800sqft ranch and has had two 1100sqft Casita additions, making for 3 independent units each with their own access, kitchens, 2 bedrooms, 2 bathrooms , their own yard space and separate septic tanks. An arena with mare motels/stalls and a communal pool with shaded deck. The RV gate and additional parking area affords room for many cars, trailers, etc. This residence can easily be converted back to a single family home.

Listing courtesy of ARMLS / R.O.I. Properties

Last checked: Checking… • Last updated Mar 21, 2025 •

MLS# 6826705 —

The Building

Year Built:

1993
New Construction:

No
Construction Materials:

Other
Builder Name:

Unknown
Roof:

Tile
Stories Total:

1
Basement:

false
Basement:

No
Direction Faces:

None
Patio And Porch Features:

Patio

Interior

Interior Features:

Separate Shwr & Tub
Furnished:

None
Flooring:

Tile
Fireplaces Total:

None
Fireplace:

false
Fireplace Features:

None

Room Dimensions

Living Area:

5019.0
Living Area Units:

None
Living Area Source:

Assessor

Financial & Terms

Possession:

Close Of Escrow

Location

Latitude:

33.773997
Longitude:

-111.994957
Cross Street:

N 40th St & E Forest Pleasant Pl

The Property

Property Type:

Residential
Property Subtype:

Single Family Residence
Parcel Number:

211-36-943-A
Lot Features:

Desert Front, Gravel/Stone Front, Gravel/Stone Back, Grass Back
Lot Size Area:

45992.0
Lot Size Acres:

1.06
Lot Size SqFt:

45,992 Sqft
Lot Size Dimensions:

None
Lot Size Units:

Square Feet
Lot Size Source:

Assessor
Land Lease:

false
Fencing:

Block, Chain Link, Partial
Horse:

true

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

2830.0
Tax Map Number:

36.00
Tax Book Number:

211.00
Tax Parcel Letter:

A
Tax Legal Description:

POR OF SW4 SW4 LT 3 SEC 18 DAF COM SW COR SD LT 3 TH N 30F TH E 33F TPOB TH N 140.70F TH E 122.63F T

Beds

Bedrooms Total:

3

Baths

Total Baths:

2.5
Total Baths:

3
Full Baths:

None
Half Baths:

None
Partial Baths:

None
Three Quarter Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true
Central Air:

true

Utilities

Sewer:

Septic Tank
Water Source:

City Water

Schools

Elementary School:

Black Mountain Elementary School
Elementary School District:

Cave Creek Unified District
Middle Or Junior School:

Sonoran Trails Middle School
High School:

Cactus Shadows High School
High School District:

Cave Creek Unified District

The Community

Subdivision Name:

SW4 SW4 Lot 3 EXW 33F EX
Senior Community:

No
Association:

false
Association Amenities:

None
Association Fee Includes:

No Fees
Pool Private:

false
Pool Features:

None
Spa Features:

None
Pets Allowed:

None

Parking

Parking Total:

None
Garage:

No
Garage Spaces:

2.0
Attached Garage:

No
Carport Spaces:

2.0
Covered Spaces:

4.0
Open Parking Spaces:

2.0

Monthly cost estimate

Asking price

$1,895,000

Expense	Monthly cost
Mortgage	$10,147
Taxes	$235
Insurance	$521
Utilities	$258 See report
Total	$11,161/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/21/25 Mar 21, 2025	Price Changed	ARMLS	$1,895,000	-1.6%
2/28/25 Feb 28, 2025	Listed / Active	ARMLS	$1,925,000	45.8% (15.8% / YR)
4/7/22 Apr 7, 2022		ARMLS	$1,320,000	169.4% (18.1% / YR)

House For Sale

$1,895,000

Cost Est.

$11,161/mo.

Price drop −$30,000

Listing provided by broker:

Terry Kass

R.O.I. Properties

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This house located in North Phoenix, Phoenix, AZ 85331 is currently for sale for $1,895,000. 4016 E Forest Pleasant Place is a 5,019 square foot house with 3 beds and 3 baths that has been on Estately for 33 days. 4016 E Forest Pleasant Place is in the North Phoenix neighborhood of Phoenix and has a WalkScore® of 11, making it car-dependent. This house is in the attendance area of Lone Mountain Elementary School, Cactus Shadows High School, and Sonoran Trails Middle School.

Listing Courtesy of: ARMLS and R.O.I. Properties.

This ARMLS logo indicates a property listed by a real estate brokerage other than Estately, Inc. © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Estately assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This property listing is offered without respect to any protected classes in accordance with the law.