
Cave Creek, AZ 85331
Analysis of 36320 N 62ND Street, Cave Creek, AZ 85331 is currently available with a list price of $4,999,000. 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.
Brand new 2025 construction in mint condition. Features ultra-modern kitchen with custom cabinetry and double islands, high-end designer bathrooms, and state-of-the-art systems with zero maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 41034, living area = 6063.
Perched atop Black Mountain, the property offers unparalleled 180-degree views stretching from Camelback Mountain to downtown Phoenix, showcased through floor-to-ceiling glass in every room.
This 2025 custom estate is equipped with high-end lifestyle features including a theater room with a golf simulator, a private gym, a wine room, and a heated pool and spa overlooking the valley.
The steep hillside elevation, while excellent for views, typically results in limited usable flat yard space and may present more complex long-term terrain maintenance.
At a $4.999M list price, the property is positioned at the extreme high end for Cave Creek, which may lead to a longer market duration due to the specialized pool of qualified buyers.
VIEWS. VIEWS. VIEWS. Perched atop Black Mountain this 5 bed 7 bath custom estate delivers some of the best 180° views Cave Creek has ever seen stretching from Camelback Mountain and downtown Phoenix to South Mountain and Cardinals Stadium. Enjoy sunsets and city lights from one of the highest elevations in the area. Floor to ceiling glass and expansive windows pull panoramic views into every room. Now fully completed the home showcases premium finishes and custom cabinetry. Amenities include a bar wine room game and bonus room private gym and a theater room/golf simulator. The heated pool and spa overlook unmatched panoramas. Set on a hillside lot with no HOA and low maintenance landscaping this one of a kind top of its class modern retreat pairs striking architecture with iconic views.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.5 | 90% |
| Baths | 7.0 | 3.0 | 99% |
| Square foot | 6,063 | 2,282 | 99% |
| Lot Size | 41,034 | 9,262.5 | 79% |
| Price | $5.00M | $502.5K | 99% |
| Price per sq ft | $825 | $272 | 99% |
| Built year | 2025 | 1999 | 98% |
| HOA | $0 | $78 | 23% |
| Days on market | 191 | 2645 | 3% |
Nov 28, 2025
$4,999,000
Initial Listing