31503 N 48TH Street, Cave Creek, AZ 85331, Cave Creek, 85331 - 6 bed, 5 bath
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Cave Creek, AZ 85331
Analysis of 31503 N 48TH Street, Cave Creek, AZ 85331 is currently available with a list price of $2,600,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Although originally built in 1999, the property has undergone a comprehensive and extensive professional remodel within the last 5 years, meeting the criteria for 'excellent' condition. The renovation includes a fully redesigned chef's kitchen with custom cabinetry and premium appliances, a spa-level primary bathroom with high-end tilework, new flooring throughout, updated lighting, and new mechanical systems such as water heaters and a soft-water system. The exterior and landscaping have also been completely reimagined, making the home move-in ready 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 = 46958, living area = 7340.
The estate features rare luxury additions including a 22-foot ceiling indoor basketball court, a private movie theater, and a dedicated dog room with a run, catering to highly specific recreational needs.
Completely reimagined inside and out, the home boasts a chef’s kitchen with premium appliances and a spa-level primary suite, offering a modern aesthetic and immediate move-in readiness.
The sheer scale of the 7,340 square foot interior combined with specialized features like the indoor court and pool will necessitate significant ongoing maintenance and utility expenses.
Located in a Metes and Bounds area without an HOA, the property lacks the controlled access and community-wide landscaping standards typically found in nearby luxury gated subdivisions.
Experience elevated desert living in this beautifully reimagined 7,340 sq ft Cave Creek estate. Completely remodeled inside and out, the home blends custom craftsmanship with modern luxury, beginning with a newly designed courtyard featuring custom iron gates, stained concrete, stacked stone accents, and refined desert landscaping. Custom iron double doors open to warm stone archways, updated lighting, and rich flooring that set the tone for the home's elevated interior. The chef's kitchen has been fully redesigned with a reconfigured layout, custom cabinetry, a new island with prep sink, premium appliances, and designer lighting. Adjacent living spaces feature new flooring, refaced fireplaces with stonework, added beams, tiled ledges, and upgraded window treatments, creating a seamless flow ideal for both everyday living and sophisticated entertaining. The primary suite offers a quiet escape with new finishes, enhanced lighting, custom window treatments, and a beautifully added second walk-in closet. The spa-level bathroom showcases a redesigned shower, luxe tilework, elegant cabinetry, and refined wall and ceiling treatments. This home excels in lifestyle amenities, including a gorgeous movie theatre, an expansive game room with a wet bar and dual refrigerators, music room, and a newly added dog room with access to a dedicated dog run. The indoor basketball court features 22' ceilings, elevated fitness area finishes and direct access to the added 4th car garage. The backyard has been transformed into a private retreat with a renewed landscape design, updated drip system, custom putting green, raised garden beds, gas BBQ, and a custom fire pit. The resort-style pool and scenic desert backdrop complete the serene outdoor setting. Additional upgrades include new water heaters, a new soft-water system, enhanced garage storage with attic access, updated exterior lighting, and improvements to the casita. This is luxury desert living at its finest, fully remodeled, thoughtfully designed, and move-in ready in one of Cave Creek's most desirable locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.5 | 99% |
| Baths | 5.0 | 3.0 | 96% |
| Square foot | 7,340 | 2,282 | 99% |
| Lot Size | 46,958 | 9,262.5 | 86% |
| Price | $2.60M | $502.5K | 98% |
| Price per sq ft | $354 | $272 | 73% |
| Built year | 1999 | 1999 | 50% |
| HOA | $0 | $78 | 23% |
| Days on market | 187 | 2645 | 2% |
Dec 2, 2025
$2,600,000
Initial Listing