19226 N CAVE CREEK Road N 117, Phoenix, AZ 85024, Phoenix, 85024 - 3 bed, 3 bath
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Phoenix, AZ 85024
This Hillside Townhome represents a Strong Value Opportunity, listed at $475,000—positioned well below the $535,519 Fair Market Value by 11%. This valuation gap offers $60,519 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes a newer HVAC, granite kitchen, and rare rooftop terrace with panoramic preserve views. Ideally located near the Loop 101 and Mayo Clinic, this property is a perfect fit for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-lifestyle residence.
Property is move-in ready.
Built in 2008 (18 years old), the property falls within the 10-20 year range for 'Good' condition. It is well-maintained and move-in ready, featuring a newer HVAC system replaced within the last 5 years, granite countertops, and functional, clean bathrooms.
This unique hillside unit offers rare privacy as the only home in the community with unobstructed preserve views from both the side and rear, visible from multiple vantage points.
The property boasts three distinct outdoor areas—a back patio, a private upstairs balcony, and a rare rooftop terrace—providing exceptional space for entertaining and enjoying the Arizona scenery.
Ideally located within 5-15 minutes of major transit corridors (Loop 101 and SR-51), Desert Ridge shopping, and the Mayo Clinic, offering high convenience for professionals and seasonal residents.
The assigned public schools have average ratings ranging from 4 to 6, which may be a drawback for families specifically seeking top-tier educational districts.
The monthly association fee of $315 represents a significant ongoing carrying cost that buyers must factor into their monthly debt-to-income considerations.
Exceptional hillside townhome in the gated community of The Preserve at Cave Creek! This 3bd/2.5ba, 1,885 sqft home offers rare privacy as the only property in the community with unobstructed preserve views from the side and rear. Enjoy the scenery from the back patio, private upstairs balcony, or rooftop terrace above the garage. Inside features include granite kitchen countertops, dual vanity sinks, XL walk-in closet, jetted primary tub, and a newer A/C replaced within the past 5 years. Ideal as a full-time residence, winter escape, or lock-and-leave retreat. Community pool & spa. Just 5 mins to Loop 101 & SR-51, 10 mins to Desert Ridge, and 15 mins to Mayo Clinic!
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades 7-8 • 2.2 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,886 | - |
| Lot Size | 1,812 | - |
| Price | $475.0K | $341.8K |
| Price per sq ft | $252 | $259 |
| Built year | 2008 | 0 |
| HOA | $315 | $0 |
| Days on market | 93 | 1211 |
Apr 20, 2026
$475,000
Initial Listing