29007 N 45TH Way, Cave Creek, AZ 85331, Cave Creek, 85331 - 5 bed, 3 bath
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Cave Creek, AZ 85331
This Spacious Upgraded Residence is a Strong Value Opportunity, listed at $905,000—positioned well below the $1,015,914 Fair Market Value by 10%. This valuation gap provides $110,914 in Instant Equity. Boasting a Well-Maintained Condition Rating, the home features two new HVAC units and a fully upgraded pool on an oversized corner lot. The versatile five-bedroom layout includes a downstairs suite, perfect for multi-generational living. This property is an exceptional acquisition for Owner-Occupants seeking immediate value or Buy-and-Hold Investors targeting the high-demand Tatum Ranch community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29007 N 45TH Way Subject | $896,000* List Price | 5 | 3 | 2,883 | $337 | - |
A 4961 E JUANA Court Sold | $985,000 | 4 | 3 | 2,539 | $388 | 0.6 mi |
B 29023 N 46TH Way Active | $880,000 List Price | 4 | 3 | 2,883 | $305 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1997, this property exceeds the 'Fair' rating due to significant recent capital improvements including two new HVAC units and a fully upgraded pool. The kitchen has been modernized with granite countertops and stainless steel appliances, and the interior features updated paint and flooring, making it a well-maintained, move-in ready home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15438, living area = 2883.
The expansive 15,438 sqft corner lot provides exceptional privacy and versatile outdoor space, featuring a large concrete slab ideal for sports, hosting, or additional storage.
The property features two brand-new air conditioning units and a fully upgraded pool, offering immediate value and reducing the need for near-term capital expenditures.
Built in 1997, the home may require ongoing maintenance of original structural components or further cosmetic updates to compete with the aesthetics of newer luxury builds.
The property is subject to Tatum Ranch association rules and fees, which may limit homeowner autonomy regarding exterior modifications and specific property usage.
Welcome to this beautifully upgraded home in the highly sought-after Tatum Ranch community. Perfectly situated on an oversized corner lot with exceptional space and privacy. This expansive property offers 5 bedrooms, including a convenient downstairs bedroom ideal for guests or multi-generational living. Step outside to your private backyard retreat, featuring a newly and fully upgraded pool designed for both relaxation and entertaining. The oversized yard provides endless possibilities, complemented by a large concrete slab perfect for storage, sports, or hosting gatherings. Inside, the home has been thoughtfully enhanced throughout including a brand NEW ROOF and the addition of two new air conditioning units for optimal comfort and efficiency. A spacious 3-car garage for storage too!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.5 | 90% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,883 | 2,282 | 69% |
| Lot Size | 15,438 | 9,262.5 | 69% |
| Price | $896.0K | $502.5K | 78% |
| Price per sq ft | $311 | $272 | 62% |
| Built year | 1997 | 1999 | 45% |
| HOA | $107 | $78 | 60% |
| Days on market | 47 | 2645 | 1% |
May 21, 2026
$896,000
$905,000
-1% Price Drop
Initial Listing
Apr 21, 2026
$905,000
Initial Listing