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Ranch-Style Triplex With Arena
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4016 E Forest Pleasant Pl, Cave Creek, AZ 85331

Three separately accessed residences share equestrian improvements, outdoor amenities, and flexible space on a rural corner parcel.

Property Size5,000 SF
Days on Market142

Property Features for 4016 E Forest Pleasant Pl

General Information

Standard status Active
Size 5,000 SF
Property subtype Multifamily

Units

Unit Mix 1 x 3 bed plus den, 2.5 bath, 1 x 2 bed 2 bath, 1 x 2 bed plus den, 1 bath
Multifamily Units 3

Amenities

pool
arena
outdoor fireplace

Building Details

Construction ranch
Listing Agency: Coldwell Banker Commercial Realty
Listed By: Terry Kass · License #BR 503783000
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 9:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Realty

Investment Insights

Based on property information with market context.

Located at 4016 E Forest Pleasant Pl in Cave Creek, this ranch-style property is arranged as three independent residences. The primary unit measures 2,800 square feet and includes three bedrooms plus a den, 2.5 bathrooms, vaulted ceilings, an open kitchen and family area, living room, laundry, a double garage, storage and work space, and a private grassed yard with BBQ and outdoor fireplace. Two additional casitas each measure 1,100 square feet. One offers two bedrooms, two bathrooms, a living room, open kitchen, family room, laundry, arena-facing deck, and fenced yard with pool access. The other includes two bedrooms plus a den, one bathroom, open kitchen and dining/living space, separate laundry, and a fenced side yard.

The property sits on an acre-plus corner lot in unincorporated Maricopa County, with horse privileges, an arena, mare motels and stalls, communal pool, shaded deck, RV gate, and additional parking for vehicles and trailers. State land across the street provides access to riding and walking trails and desert surroundings, while amenities are minutes away.

Key Highlights

  • Three independent units with separate access, kitchens, yard areas, and septic tanks
  • 2,800 SF main residence with 3 bedrooms plus den and 2.5 bathrooms
  • Two 1,100 SF casitas, including 2‑bedroom layouts

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Dental Office Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

52
Businesses Nearby

Demographics for 85331, AZ

31,038
Population
13,680
Households
2.3
Avg Household Size
51
Median Age
53%
College-Educated
99%
High-School Grad
131.1 sq mi
ZIP Area
237
Density / Sq Mi
$123,710
Median Household Income
$61,542
Median Earnings
$2,535
Median Rent
$674,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three separately accessed residences share equestrian improvements, outdoor amenities, and flexible space on a rural corner parcel.
Where is this triplex located?
The property is located at 4016 E Forest Pleasant Pl Cave Creek, AZ.
What are key features of this property?
This property features: Three independent units with separate access, kitchens, yard areas, and septic tanks; 2,800 SF main residence with 3 bedrooms plus den and 2.5 bathrooms; Two 1,100 SF casitas, including 2‑bedroom layouts
(602) 715-0232 Call to check price and availability
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