Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Carefree Hillside Lot with Views Title is generated by Realmo AI

    39805 N FATHER KINO Trail, Carefree, AZ 85377

    View on Map
    Claim this Listing
    For Sale
    $599,000

    LAND - Carefree, AZ

    Lot size:
    5.17 Acres
    Added:
    Mar 4, 2026
    Days on Market:
    80
    Last Refresh:
    May 23 at 7:06 pm

    Property Features for 39805 N FATHER KINO Trail

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R190
    Standard status
    Active
    APN
    216-19-063
    Lot size
    5.17 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 1A TOWN OF CAREFREE LOT SPLIT MCR
    Tax Annual Amount
    710

    Utilities

    Water source
    Well

    We can help!

    Listing Contact
    Jamie Zubick

    Listing agent Jamie Zubick

    Listing office West USA Realty 14350 N 87th St #170, Phoenix, AZ

    Listing date Mar 4, 2026

    MLS# 6993386 Listing URL

    Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Buildable 5.17 acre hillside lot with phenomenal views
    • Private well with excellent production
    • Gently sloping build envelope accommodates up to 40,000+ sf home
    • No HOA
    • Includes 5726 SF Plan with detached garage
    • Close proximity to Cave Creek dining and shopping (5 minutes) and Scottsdale (20 minutes)

    Overview

    This 5.17-acre hillside lot in Carefree, Arizona, presents a buildable opportunity with an existing private well. The gently sloping building envelope can accommodate a home site of up to 40,000+ square feet, with room for a casita and RV garage. The property offers panoramic views and unobstructed vistas of the Sonoran desert. Located just five minutes from Historic Cave Creek, residents can easily access dining and shopping options. Scottsdale Road and the 101 are approximately 20 minutes away. A 5,726 square foot plan with a detached garage will convey with the property. The zoning is R190.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Auto Repair Shop Building Supply Big Box & Wholesale Store Pharmacy Dental Office Food Market Electronics & Wireless Store Grocery & Convenience Store Grocery & Convenience Store Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carefree
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.901766
    Latitude
    33.846314

    Nearby Similar for Sale

    • $699,000

      Carefree Land with Mountain Views

      Elevated homesite with panoramic views in a sought-after location.
      6308 E VILLA CASSANDRA Way, Carefree, AZ 85377
      View Details
    • $850,000

      Carefree Land with Mountain Views

      2.5-acre homesite in gated community with panoramic views.
      37207 N Nighthawk Way, Carefree, AZ 85377
      View Details
    • $925,000

      Carefree Land with Mountain Views

      3.68 acre homesite in gated luxury community.
      37292 N Nighthawk Way, Carefree, AZ 85377
      View Details
    • $380,000

      Carefree Land with Mountain Views

      1.68 acre vacant lot near downtown Carefree, Arizona.
      36602 N NEVER MIND Trail, Carefree, AZ 85377
      View Details
    • $910,000

      Carefree Land with Mountain Views

      Spacious 2.31-acre lot with mountain views, convenient to Carefree.
      37156 N CAREFREE Drive, Carefree, AZ 85377
      View Details
    • $850,000

      Carefree Land with Mountain Views

      4.72-acre double lot with panoramic views and utilities available.
      7018 E STAGECOACH PASS Road, Carefree, AZ 85377
      View Details
    • $1,096,200
      3,915 SF

      Corner Land Parcel For Sale

      Corner land parcel available for purchase in Carefree, Arizona.
      37202 N BLOODY BASIN Road, Carefree, AZ 85377
      View Details
    • $360,000

      Carefree Hillside Lot

      Almost 6 acres to build your dream custom home.
      N Father Kino Trail N, Carefree, AZ 85377
      View Details
    • $849,000
      1,847 SF

      Carefree Residence with Versatile Loft

      Well-designed 2-bedroom residence in downtown Carefree with flexible layout.
      1 EASY Street 7, Carefree, AZ 85377
      View Details
    • $560,000
      72,353 SF

      Carefree View Property with Well

      Land with approved permits and well in Carefree, Arizona.
      40021 North Father Kino Trail, Unit 30, Carefree, AZ 85377
      View Details
    • $600,000

      Carefree Land with Mountain Views

      5.10-acre homesite in gated Hawksnest Subdivision with utilities.
      6630 Hawksnest Road N, Carefree, AZ 85377
      View Details
    • $620,000

      Carefree Hillside Land Opportunity

      13.88 acres to build your dream custom home.
      N Father Kino Trail, Carefree, AZ 85377
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Buildable 5.17-acre lot with well, views, near Cave Creek.
    Where is this residential land & home lot located?
    The property is located at 39805 N FATHER KINO Trail Carefree, AZ.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: Buildable 5.17 acre hillside lot with phenomenal views; Private well with excellent production; Gently sloping build envelope accommodates up to 40,000+ sf home
    (480) 220-6977
    We can help!
    Listing Contact
    Jamie Zubick
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    39805 N FATHER KINO Trail, Carefree, AZ 85377
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!