31331 N 57th Terrace, Cave Creek, AZ 85331, Cave Creek, 85331 - 5 bed, 5 bath
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Cave Creek, AZ 85331
This Luxury New Construction Estate is listed at $2,899,500, representing a stable acquisition at its $2,899,500 Fair Market Value. Featuring a Condition Rating of 2, this to-be-built home offers a Chef's Kitchen, a 1,225 sq ft RV garage, and a private pool on a sprawling 2-acre lot. With no HOA and breathtaking mountain views, the property combines modern architectural standards with ultimate privacy in Cave Creek. This is an exceptional lifestyle sanctuary for Luxury Home Seekers or Outdoor Enthusiasts.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31331 N 57th Terrace Subject | $2,899,500* List Price | 5 | 5 | 3,772 | $769 | - |
A 31334 N 57th Terrace Active | $2,899,500 List Price | 5 | 5 | 3,772 | $769 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a new construction property with a 2025 build date. As a 'to be built' home, all components, including the chef's kitchen with quartz countertops and stainless steel appliances, spa-like bathrooms, and major systems, will be brand new and meet the highest current quality standards with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 87162, living area = 3772.
As a 2025 build, this home offers a contemporary open-concept floor plan, a chef’s kitchen with quartz countertops, and high-end finishes that meet modern luxury standards.
Situated on over 2 acres with no HOA restrictions, the property provides unparalleled privacy and the freedom to utilize the land without community oversight.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =87162, other record lot size in square feet = 43734.
The property is listed as 'to be built,' meaning buyers face a significant waiting period and potential construction delays before the home is ready for occupancy.
At nearly $2.9 million, the property sits at a high entry price for the area, which may limit the pool of qualified buyers and impact appraisal comparisons.
NEW CONSTRUCTION - TO BE BUILT. Amazing opportunity. 3772 sq ft main residence w/2 car garage, 1225 sq ft oversized RV garage, and pool on over 2 acres with no HOA. Open -concept floor plan is perfect for the active family. True entrance hall leads to open Great Room/Dining Room with gas fireplace and Chef's Kitchen with walk-in Pantry, quartz counters, S/S appliances, & an amazing island/breakfast bar. Large Primary Suite w/exit to the backyard, spa Bath w/double vanities, and large walk-in complete w/built-ins. 2 guest bedrooms are en-suite, 2 guest bedrooms share a dual-entry bath.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 5.0 | 3.0 | 97% |
| Square foot | 3,772 | 2,250 | 89% |
| Lot Size | 87,162 | 9,426 | 94% |
| Price | $2.90M | $590.0K | 99% |
| Price per sq ft | $769 | $291 | 99% |
| Built year | 2025 | 1999 | 99% |
| HOA | $0 | $78 | 24% |
| Days on market | 67 | 2381 | 1% |
Feb 14, 2026
$2,899,500
Initial Listing