28401 N 55TH Street, Cave Creek, AZ 85331, Cave Creek, 85331 - 4 bed, 7 bath
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Cave Creek, AZ 85331
Analysis of 28401 N 55TH Street, Cave Creek, AZ 85331 is currently available with a list price of $2,400,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Cave Creek Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1991 (35 years old), the home features a new roof and windows, but the interior remains dated. The kitchen/wet bar areas show original-style wood cabinetry and tile countertops, and the Saltillo flooring reflects the home's age, requiring cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 53535, living area = 7663.
Spanning over 7,600 square feet on a 1.2-acre lot, this estate offers immense scale and flexible bonus rooms perfect for a private office, art studio, or wellness retreat.
The property features a brand-new roof, new windows, and fresh interior paint as of 2026, significantly reducing immediate maintenance concerns and improving energy efficiency.
With only 4 bedrooms despite having 7 bathrooms and over 7,600 square feet, the layout may feel inefficient for buyers prioritizing high-occupancy sleeping quarters.
The 1991 Southwest architecture and extensive Saltillo tile flooring offer a very specific character that may require significant updates for buyers seeking a modern or contemporary interior.
An extraordinary desert estate tucked away in Cave Creek, where timeless Southwest architecture meets expansive living and unmatched versatility. Set on a sprawling homesite, this one-of-a-kind residence offers 2 ensuite bedrooms and 7 bathrooms, complemented by several additional bonus spaces that provide limitless potential for a private office, wellness retreat, art studio - you name it! From the moment you enter, the home's character is undeniable--rich Saltillo tile floors flow throughout, grounding the space in warmth and authenticity, while the unique floorplan creates a blend of intimate living and grand-scale entertaining. The outdoor experience is nothing short of exceptional. An expansive covered patio invites year-round enjoyment, overlooking a resort-style pool and vast desert landscape that captures the quiet beauty and privacy that define Cave Creek living. With open skies, natural desert vegetation, and room to create your own vision, this property offers a rare sense of freedom and escape. New interior paint, new roof and new windows in 2026! Designed for those who value space, character, and the ability to live beyond traditional boundaries, this estate is more than a home--it's a lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 7.0 | 3.0 | 99% |
| Square foot | 7,663 | 2,282 | 99% |
| Lot Size | 53,535 | 9,262.5 | 89% |
| Price | $2.40M | $502.5K | 98% |
| Price per sq ft | $313 | $272 | 63% |
| Built year | 1991 | 1999 | 16% |
| HOA | $0 | $78 | 23% |
| Days on market | 52 | 2645 | 1% |
Apr 16, 2026
$2,400,000
Initial Listing