29041 N 64TH Place, Cave Creek, AZ 85331, Cave Creek, 85331 - 4 bed, 3 bath
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Cave Creek, AZ 85331
This property presents a High-Potential Investment Opportunity with a List Price of $874,900—positioned well below the $890,996 Fair Market Value by 1.8%. This valuation gap offers $16,096 in Instant Equity. With a Condition Rating of 5, the home requires a full interior renovation, yet the 1.25-acre lot and existing horse stalls provide a strong foundation for value-add improvements. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a customizable ranch retreat in Cave Creek.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29041 N 64TH Place Subject | $849,900* List Price | 4 | 3 | 2,882 | $310 | - |
A 30220 N 65th Street Active | $885,000 List Price | 4 | 3 | 2,447 | $362 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1982 (42 years old), the property is in a state of mid-renovation or neglect. Interior images show unfinished walls with exposed plaster/mud, dated Saltillo tile, and worn flooring. The listing description explicitly identifies it as an opportunity to 'create' and 'customize,' indicating it needs a full rehab to be functional.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54450, living area = 2882.
Situated on 1.25 private acres with existing horse stalls, this property offers a rare and functional setup for horse enthusiasts in a desirable Cave Creek location.
The extensive wrap-around covered patio provides significant shaded space for entertaining and relaxing, maximizing the utility of the large desert lot.
Built in 1982 and marketed as a customization opportunity, the home likely requires significant capital investment to update the interior finishes and systems.
The combination of a large 1.25-acre lot and specialized horse facilities necessitates substantial ongoing time and financial commitment for property upkeep.
Situated on 1.25 private acres, this spacious 2,882-square-foot horse property offers a unique opportunity to create your dream ranch retreat. Featuring 4 bedrooms and 2.5 bathrooms, the home boasts a functional floor plan with generous living spaces and endless potential. Upon entry, you'll be welcomed by soaring vaulted ceilings that enhance the home's open feel and extend into the dining area. Two wood-burning fireplaces add warmth and character, creating inviting gathering spaces throughout the home. Outdoor enthusiasts will appreciate the extensive covered patio, spanning from the side of the home and wrapping around to the rear, providing of covered outdoor living space ideal for entertaining or relaxing. The property also includes horse stalls. The property also includes horse stalls. The expansive 1.25-acre lot offers room for horses, recreational vehicles, or future improvements. Whether you're seeking a horse property, or a home to customize to your own style and preferences, this property presents exceptional potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,882 | - |
| Lot Size | 54,450 | - |
| Price | $849.9K | $800.0K |
| Price per sq ft | $295 | $353 |
| Built year | 1982 | 0 |
| HOA | $0 | $0 |
| Days on market | 48 | 3149 |
Jul 9, 2026
$849,900
$874,900
-3% Price Drop
Initial Listing
Jun 4, 2026
$874,900
Initial Listing