$2,995,000
7030 E Lone Mountain Road NCave Creek, AZ 85331
MLS# 6454959
4 beds | 5.5 baths

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Property DescriptionCalling all car and horse enthusiasts! At the end of this quiet, paved road is a gated estate with spectacular mountain views. Pegasus Ranch sits on 5 flat acres, with a western home, casita, theater, resort backyard and tons of open space. Bring your horses to the 100 x 200 arena, round pen, 8 stalls and tack room/barn office. Trail ride straight from the ranch to Tonto National Forest. Bring your cars, toys and hobbies too because there is ample space for a 6000+ sq. ft. car collector's garage. The main house living area has a 17 ft ceiling with a branding iron chandelier. The kitchen and bar are perfectly situated for entertaining, while the office is located for privacy. The owner's suite has views, an extra-large closet and an exercise room off the spacious bath. Easy to Show.
Details
Contract Information
List Price: $2,995,000
Status: Closed
Current Price: $2,850,000
List Date: 2022-08-25
Type: Exclusive Right To Sell
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: F37
House Number: 7030
Compass: E
Street Name: Lone Mountain
St Suffix: Road
St Dir Sfx: N
City/Town Code: Cave Creek
State/Province: AZ
Zip Code: 85331
Zip4: 8263
Country: US
County Code: Maricopa
Assessor Number: 216-14-006
Subdivision: No HOA
Tax Year: 2021
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 4
Full Bathrooms: 5
Half Bathrooms: 1
Total Bathrooms: 5.5
Approx SQFT: 6060
Price/SqFt: 470.3
Guest House SqFt: 616
Horses: Y
Builder Name: Custom
Year Built: 2005
Approx Lot SqFt: 217800
Approx Lot Acres: 5
Community Pool Y/N: No
Private Pool Y/N: Yes
Fireplace YN: Yes
Fireplaces Total: 3
Planned Comm Name: No HOA
Marketing Name: Pegasus Ranch
Elementary School District: Cave Creek Unified District
High School District: Cave Creek Unified District
Elementary School: Black Mountain Elementary School
Jr. High School: Sonoran Trails Middle School
High School: Cactus Shadows High School
Legal Info
Township: 6N
Range: 4E
Section: 22
Basement
Basement Y/N: N
Parking Spaces
Garage Spaces: 3
Slab Parking Spaces: 6
Total Covered Spaces: 3
Residential Propane Tank
Residential Propane Tank: Owned
Sold Info
Loan Type: Conventional
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Remarks Misc
Cross Street: School House and Highland.
Directions: DO NOT follow Google Maps.
From Cave Creek Rd, N on School House Rd.; E on Highland Rd; N on 72nd St. Follow the road as it turns left and go to the gate at end of the road.
Geo Lat: 33.853802
Geo Lon: -111.929678
Status Change Info
Off Market Date: 2023-07-27
Under Contract Date: 2023-06-27
Close of Escrow Date: 2023-08-24
Sold Price: $2,850,000
Property Features
Special Listing Cond: N/A
Add'l Property Use: Farm; Ranch
View: Mountain(s)
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room; Tub with Jets
Master Bedroom: Split
Additional Bedroom: Other Bedroom Split; Separate Bedroom Exit; Master Bedroom Walk-in Closet; Master Bedroom Sitting Room
Fireplace Features: Fireplace Living Rm; Fireplace Master Bdr; Gas Fireplace; Exterior Fireplace
Flooring: Carpet; Tile; Wood
Window Features: Dual Pane
Private Pool Features: Heated
Spa: Private; Above Ground; Heated
Community Features: Horse Facility
Dining Area: Eat-in Kitchen; Breakfast Bar; Dining in LR/GR
Kitchen Features: Dishwasher; Disposal; Kitchen Island; Pantry; Refrigerator; Reverse Osmosis; Walk-in Pantry; Granite Counters
Laundry: Washer Included; Dryer Included; Inside
Other Rooms: Exercise/Sauna Room; Media Room
Interior Features: Skylight(s); Vaulted Ceiling(s); Wet Bar; Water Softener Owned
Technology: Pre-Wire Srnd Snd; Cable TV Avail; High Speed Internet; Smart Home; Security System Owned
Exterior Features: Separate Guest House; Built-in BBQ; Covered Patio(s); Patio; Gazebo; Storage
Parking Features: Temp Controlled; Direct Access; Garage Door Opener; Gated
Road Responsibility: City Maintained Road
Construction: Wood Frame
Const - Finish: Painted; Stucco; Stone
Roofing: Foam; Metal
Cooling: Ceiling Fan(s); Mini Split; Programmable Thmstat; Central Air
Heating: Electric
Utilities: APS; Propane
Water Source: Well - Shared
Sewer: Septic Tank
Fencing: Wrought Iron; Wood; Wire
Landscaping: Dirt Back; Gravel/Stone Front; Desert Front; Desert Back; Natural Desert Back; Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back
Horse Features: Stall; Barn; Tack Room; Arena; Auto Water; Bridle Path Access
Lockbox Type: None
Possession: Close of Escrow
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req; Well Disclosure
Listing Office: Berkshire Hathaway HomeServices Arizona Properties
Last Updated: April - 20 - 2025
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