31320 N 54TH Place, Cave Creek, AZ 85331, Cave Creek, 85331 - 3 bed, 3 bath
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Cave Creek, AZ 85331
This Exceptional Desert Retreat is a Strong Value Opportunity, listed at $1,297,000—positioned well below the $1,355,267 Fair Market Value by 4%. This valuation gap offers $58,267 in Instant Equity for a property with an Excellent Condition Rating. The 2018-built residence features a gourmet chef's kitchen, vaulted ceilings, and a resort-style backyard backing to pristine desert. With high-end finishes and unobstructed sunset views, this turnkey sanctuary is ideal for Luxury Home Seekers or Owner-Occupants looking for a sophisticated lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31320 N 54TH Place Subject | $1,297,000* List Price | 3 | 3 | 3,500 | $387 | - |
A 5721 E RANCHO CALIENTE Drive Sold | $1,575,000 | 4 | 5 | 4,019 | $392 | 0.5 mi |
B 5426 E LAS PIEDRAS Way Sold | $1,574,000 | 4 | 4 | 3,756 | $419 | 0.8 mi |
C 5118 E SIERRA SUNSET Trail Sold | $1,080,000 | 3 | 3 | 2,864 | $377 | 0.7 mi |
D 5914 E LITTLE WELLS Pass Sold | $1,080,000 | 4 | 3 | 2,945 | $367 | 0.6 mi |
E 5529 E VIA CABALLO BLANCO -- Active Under Contract | $1,470,000 List Price | 3 | 3 | 3,127 | $470 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is well within the 10-year threshold for an excellent rating. The home features modern architectural elements like vaulted ceilings and an open floor plan. The gourmet kitchen is high-end with natural stone countertops, white shaker cabinetry, and premium stainless steel appliances. Bathrooms are contemporary with oversized walk-in showers and dual vanities. The property shows no signs of wear, features current style trends, and includes luxury outdoor amenities, meeting all criteria for top-tier condition.
Situated in a privately gated enclave and backing directly to pristine natural desert, the property offers unparalleled privacy and unobstructed sunset views with no neighbors behind.
The high-end kitchen features a massive center island, natural stone countertops, a butler's pantry, and premium gas appliances, providing a perfect space for upscale entertaining.
The outdoor oasis includes a fully equipped covered kitchen/BBQ area, a tranquil fountain, and a firepit, designed to maximize the Arizona indoor-outdoor lifestyle.
Despite the generous 3,500 square feet of living space, the home only offers three bedrooms, which may limit its appeal for larger families or those needing more guest accommodations.
The property is subject to a $207 monthly association fee, adding a consistent carrying cost that buyers must factor into their long-term ownership budget.
Exceptional desert retreat in a privately gated enclave, backing to pristine natural desert--offering privacy, breathtaking sunsets, & a serene connection to the Sonoran landscape. Beautifully appointed throughout, the home features a thoughtfully designed open floor plan w/ vaulted & tray ceilings, creating a bright, airy ambiance. The living room showcases a custom accent wall w/ fireplace, perfect for cozy gatherings. The gourmet kitchen is both stylish & functional, featuring a large center island w/ seating, gas cooktop, multiple ovens, white shaker cabinetry, & striking natural stone countertops. A walk-in pantry & separate butler's pantry provide ample storage & prep space. The formal dining room is ideal for entertaining, while the den offers flexibility for a home office (MORE) or retreat. The expansive primary suite is a true sanctuary with a spa-inspired en-suite bath, dual vanities, oversized walk-in shower, & dual walk-in closets. Two additional guest bedrooms share a convenient Jack & Jill bath. Step outside to a backyard oasis, designed for true Arizona living. Enjoy the large covered patio w/ceiling fans, a covered outdoor kitchen/BBQ, tranquil outdoor fountain, & a cozy firepit--perfect for entertaining or unwinding under the desert sky. With no neighbors directly behind, the natural desert backdrop ensures both privacy & spectacular sunset views.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,500 | 2,282 | 87% |
| Lot Size | 11,600 | 9,335.5 | 60% |
| Price | $1.30M | $590.0K | 90% |
| Price per sq ft | $371 | $290 | 75% |
| Built year | 2018 | 1999 | 94% |
| HOA | $207 | $78 | 82% |
| Days on market | 11 | 2376 | 1% |
Apr 11, 2026
$1,297,000
Initial Listing