
Cave Creek, AZ 85331
This Spacious Maracay-Built Residence is a Strong Value Opportunity, listed at $875,000—positioned well below the $940,407 Fair Market Value by 6%. This valuation gap provides $65,407 in Instant Equity for the incoming buyer. Maintaining a Good Condition Rating, the home features a Main-Floor Owner's Suite, a Resort-Style Backyard with a pool, and significant upgrades including a New Roof (2020) and Trane HVAC (2019). It is an exceptional acquisition for Owner-Occupants seeking a turnkey lifestyle or Buy-and-Hold Investors targeting a high-demand Cave Creek asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28222 N 50TH Place Subject | $875,000* List Price | 4 | 3 | 3,262 | $288 | - |
A 28825 N 45th Street Sold | $700,400 | 4 | 2 | 2,186 | $320 | 0.7 mi |
B 4629 E RED BIRD Road Sold | $979,020 | 6 | 3 | 2,980 | $329 | 0.9 mi |
C 4615 E Bent Tree Drive Sold | $755,000 | 6 | 3 | 3,258 | $232 | 0.7 mi |
D 28321 N 44TH Way Pending | $900,000 List Price | 4 | 3 | 3,285 | $274 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant recent capital improvements, including a full roof replacement (2020), a new Trane HVAC system (2019), and fresh exterior paint (2022). The kitchen features high-end stainless steel Thermador gas appliances and updated wood-look flooring. While some interior finishes like the ceramic tile and countertops reflect the original 1999 construction, the home is exceptionally well-maintained with no deferred maintenance, meeting the criteria for a 'Good' rating.
The property features significant high-ticket upgrades including a full roof replacement (2020), a high-efficiency Trane HVAC system (2019), and fresh exterior paint (2022), minimizing immediate maintenance costs for the buyer.
With a desirable main-floor owner's suite and a massive upstairs flex room, the layout offers exceptional flexibility for multi-generational living, a home office, or a dedicated media center.
The outdoor living space is fully optimized for entertaining, featuring a sparkling pool with a new pump, flagstone hardscaping, brand-new turf, and a traditional kiva fireplace.
While major systems are updated, the 1999 original construction suggests that certain interior finishes in the kitchen and bathrooms may require further modernization to compete with new luxury builds.
At approximately 0.23 acres, the lot size may feel restrictive to buyers specifically seeking the expansive desert acreage and privacy often associated with the Cave Creek rural lifestyle.
Five cars in the driveway and you'll still have room to spare. This Maracay-built corner cul-de-sac home was made for the family that's outgrown everything else. Step inside and the soaring vaulted ceilings immediately open things up: the great room, formal dining, and family room flow together naturally, anchored by a fireplace and wall-to-wall windows that frame the backyard like a painting. The kitchen sits at the heart of it all with a center island, stainless gas appliances, and a breakfast nook that spills right out to the patio. The main-floor owner's suite is the kind of retreat that sells homes: separate his-and-hers closets, dual vanity areas, a walk-in shower, and a soaking tub; plus private doors that open directly to the pool. Upstairs, three generously sized bedrooms and a large flex room adapt to whatever life calls for..\ media room, playroom, home office, or all three. Out back, the backyard delivers: flagstone hardscape, brand-new turf, a sparkling pool, a covered patio built for year-round use, a kiva fireplace, and a gas line for your BBQ; all freshly painted and move-in ready. The big-ticket items are already handled: full roof replacement (2020), variable-speed Trane HVAC (2019), whole-house water filtration with RO system, new pool pump and electrical, and fresh exterior paint (2022). Come see it, as this one is truly ready!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 52% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,262 | 2,250 | 82% |
| Lot Size | 10,100 | 9,426 | 52% |
| Price | $875.0K | $590.0K | 71% |
| Price per sq ft | $268 | $289 | 43% |
| Built year | 1999 | 1999 | 50% |
| HOA | $80 | $78 | 51% |
| Days on market | 28 | 2381 | 1% |
Mar 25, 2026
$875,000
Initial Listing
May 3, 1999
$290,260
Public Record