Doreen Chen Reiske

7030 E Lone Mountain Road N, Cave Creek, AZ 85331

$2,850,000
Property Type: Residential Bedrooms: 4 Baths: 5.5 Square Footage: 6,060 Lot Size (sq. ft.): 217,800 Status: Closed
Current Price: $2,850,000 List Date: 9/02/2022 Last Modified: 4/20/2025

Description

Calling 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.

Supplements: Bedrooms 2 and 3 with ensuite baths, are in a separate wing. Step into the resort backyard to access the 2nd 1/2 bath and exquisite theater room, with a casita overhead. The fenced backyard offers a pool with inset spa, outdoor kitchen, and a ramada with a Jacuzzi, fireplace, and serene water feature. From the front gate to the back barn, including the exquisite living spaces, the details, workmanship and finishes are supreme. 4487 sq. ft. main home 616 sq. ft. casita 616 sq. ft. home theater 816 sq. ft. garage 436 sq. ft. barn office and feed/tack room 3844 sq. ft. open air pipe barn FEATURES LIST Kitchen " Granite counters " Knotty pine cabinetry " Walk-in pantry with baker's racks " Dual dishwashers " 6-burner Viking range with grill and double oven " Viking hood " Viking refrigerator " Divided stainless sink with Reverse Osmosis " Island with prep sink with seating " Glass pendant lighting " Multiple entry points Breakfast room " Seats 4 comfortably " Iron and rawhide Native American chandelier Living / Dining room " Soaring 17 ft. wood plank vaulted ceiling " Manganese "chocolate" Saltillo floor " Custom branding iron chandelier " Kitchen pass-through " Stacked stone gas fireplace with remote control " Vutec Artscreen motorized television cover " Access to patio " Pet door Bar " Seating for six " Beverage refrigerator " Ice maker " Sink " Rawhide and iron pendant lighting " Granite counters Office " Reclaimed barnwood floors " Built-in cabinetry " Cowhide valances " TV with Dish, Apple Primary Suite " Stacked stone gas fireplace with remote control " Vutec Artscreen motorized television cover " Door to private patio and pool/spa " Carpet " Closet o Double entry walk-in closet o Island with storage o Covered glass and wood cabinet doors " Primary bathroom o 17 ft. ceiling o Divided dual sinks o Vanity o Travertine floor and counter o Toilet room with laundry chute o Jetted tub o Shower with rain head, handheld, stationary and body sprays Exercise room " Off primary bathroom " TV mount " Travertine floor " Storage shelving " Exit to side yard Guest bedroom 1 " En-suite bath " Split from primary " Walk-in closet " Carpet " Door to pool & spa Guest bedroom 2 " En-suite full bath " Split from primary " Walk-in closet " Carpet Powder room in main house " Chiseled granite bowl sink " Slate counter Storage room " 13 ft. by 14 ft. " Built-in cabinetry " Garage and interior access Laundry Room " 2021 Samsung Multi-steam Smart-care washer and dryer " Storage cabinetry " Laundry chute from primary bedroom " Sink " Ironing board Theater " Tiered seating " JVC-D-ILA theater system " Black Diamond 10 ft. by 4.5 ft. projector screen " Multi-aspect lighting " Can easily be converted to 2-car garage Garage " 3-car garage " 88 in. high garage doors " 104 in. wide garage doors " 9' high garage ceiling " Epoxy floors " Electric opener " Natural light " Theater convertible to added 2 car garage Casita " 21 ft. by 26 ft. (?? Measurement not consistent with previous MLS) " 10 ft. by 7 ft. view deck " Tiled bath Outdoor Living " Patio o Covered and uncovered with dining and bar area o Denon Heos wireless audio " Ramada o Woodburning fireplace o Above ground Jacuzzi tub o Fan/light with remote control " Kitchen o Built-in Viking barbeque o Sink o Shaded " Powder room o Theater and pool access " Pool o Integrated Spa o Stacked natural stone and copper scuppers o iAqualink pool remote app control o Heated o In floor pop-up cleaners " Pond with waterfall " Landscape lighting " Grass and stone " Firewise prevention landscaping Horse facility " 3844 s.f. open air pipe barn with industrial fan " 47 ft. by 23 ft. covered concrete pad within " 15 ft. by 30 ft. barn office and feed/tack with half bath within " 30 AMP and 50 AMP RV outlets " Riding arena with water wheel " Five stalls in pipe barn with turnouts " Three stall mare motel " Round pen " Wash rack " Architecturally cohesive with main home " Direct access to Cave Creek trail system for horseback riding, hiking, biking Office with Feed/Tack room at Barn " Half bath " Hot water " Dedicated HVAC Miscellaneous " Four new air conditioners " Sweeping mountain & desert views " Paved road " Custom automated security gate with app based control " Courtyard entry with fountain " Interior and exterior security camera system " Smart home system " Clerestory windows " Metal roof " Solar tubes for natural light " Wine storage cabinetry " RO Systems " Kinetico Premier soft water system " Whole house Denon Heos wireless audio " Recirculation pump UTILITIES & COSTS Electric: $335/avg. mo. Shared Well Water: Electric average $91/avg. mo. includes barn Propane: 500 gal. Pest Control: Atomic Pest Control, termite warranty, and Sonoran Pest Control Garbage: Area TV: Dish/Apple TV Internet: Mojo Broadband Security: AAA Smart Home app based system

More Information MLS# 6454959

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Sold Price: $2,850,000 Status: Closed Current Price: $2,850,000 List Date: 2022-08-25

Location, Tax & Legal

Assessor's Map #: 14 Legal Description (Abbrev): W2 SW4 NE4 NE4 SEC 22 Assessor's Parcel #: 6 Tax Municipality: Cave Creek Taxes: 5983 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 County Code: Maricopa Assessor Number: 216-14-006 Subdivision: No HOA Tax Year: 2021

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Approx SQFT: 6060 Price/SqFt: 470.3 Approx Lot SqFt: 217800 Approx Lot Acres: 5 Guest House SqFt: 616 Horses: Y Builder Name: Custom 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 Community Pool Y/N: No Private Pool Y/N: Yes Planned Comm Name: No HOA Fireplace YN: Yes Fireplaces Total: 3 Marketing Name: Pegasus Ranch Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 4 Total Bathrooms: 5.5 Year Built: 2005

Legal Info

Range: 4E Section: 22 Township: 6N

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1 Stone: 1

Roofing

Foam: 1 Metal: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Ttl Mthly Fee Equiv: 0

Lockbox Type

None: 1

Master Bathroom

Full Bth Master Bdrm: 1 Separate Shwr & Tub: 1 Double Vanity: 1 Private Toilet Room: 1 Tub with Jets: 1

Master Bedroom

Split: 1

Additional Bedroom

Other Bedroom Split: 1 Separate Bedroom Exit: 1 Master Bedroom Walk-in Closet: 1 Master Bedroom Sitting Room: 1

Add'l Property Use

Farm: 1 Ranch: 1

Fireplace Features

Fireplace Living Rm: 1 Fireplace Master Bdr: 1 Gas Fireplace: 1 Exterior Fireplace: 1

Flooring

Carpet: 1 Tile: 1 Wood: 1

Window Features

Dual Pane: 1

Private Pool Features

Heated: 1

Community Features

Horse Facility: 1

Dining Area

Eat-in Kitchen: 1 Breakfast Bar: 1 Dining in LR/GR: 1

Heating

Electric: 1

View

Mountain(s): 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Kitchen Island: 1 Pantry: 1 Refrigerator: 1 Reverse Osmosis: 1 Walk-in Pantry: 1 Granite Counters: 1

Cooling

Ceiling Fan(s): 1 Mini Split: 1 Programmable Thmstat: 1 Central Air: 1

Interior Features

Skylight(s): 1 Vaulted Ceiling(s): 1 Wet Bar: 1 Water Softener Owned: 1

Laundry

Washer Included: 1 Dryer Included: 1 Inside: 1

Basement

Basement Y/N: N

Other Rooms

Exercise/Sauna Room: 1 Media Room: 1

Separate Den/Office

Sep Den/Office Y/N: Y

Road Responsibility

City Maintained Road: 1

Technology

Pre-Wire Srnd Snd: 1 Cable TV Avail: 1 High Speed Internet: 1 Smart Home: 1 Security System Owned: 1

Fencing

Wrought Iron: 1 Wood: 1 Wire: 1

Water Source

Well - Shared: 1

Exterior Features

Separate Guest House: 1 Built-in BBQ: 1 Covered Patio(s): 1 Patio: 1 Gazebo: 1 Storage: 1

Spa

Private: 1 Above Ground: 1 Heated: 1

Sewer

Septic Tank: 1

Parking Spaces

Slab Parking Spaces: 6 Total Covered Spaces: 3 Garage Spaces: 3

Parking Features

Temp Controlled: 1 Direct Access: 1 Garage Door Opener: 1 Gated: 1

New Financing

Cash: 1 Conventional: 1

Utilities

APS: 1 Propane: 1

Existing 1st Loan

Treat as Free&Clear: 1

Landscaping

Dirt Back: 1 Gravel/Stone Front: 1 Desert Front: 1 Desert Back: 1 Natural Desert Back: 1 Grass Back: 1 Yrd Wtring Sys Front: 1 Yrd Wtring Sys Back: 1 Auto Timer H2O Front: 1 Auto Timer H2O Back: 1

Horse Features

Stall: 1 Barn: 1 Tack Room: 1 Arena: 1 Auto Water: 1 Bridle Path Access: 1

Disclosures

Seller Discl Avail: 1 Agency Discl Req: 1 Well Disclosure: 1

Residential Propane Tank

Residential Propane Tank: Owned

Possession

Close of Escrow: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Sold Info

Loan Type: Conventional Closing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 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: Disposal; Dishwasher; Refrigerator; Reverse Osmosis; Pantry; Walk-in Pantry; Granite Counters; Kitchen Island 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; Security System Owned; Smart Home Exterior Features: Built-in BBQ; Covered Patio(s); Gazebo; Patio; Separate Guest House; Storage Parking Features: Direct Access; Garage Door Opener; Gated; Temp Controlled Road Responsibility: City Maintained Road Construction: Wood Frame Const - Finish: Painted; Stucco; Stone Roofing: Foam; Metal Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat; Mini Split 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
IDX
Last Updated: April - 20 - 2025
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