36601 N Mule Train Road 13D, Carefree, AZ 85377, Carefree, 85377 - 2 bed, 3 bath
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Carefree, AZ 85377
This Luxury Townhouse represents a High-Potential Investment Opportunity, listed at $690,000—positioned above the $620,322 Fair Market Value. While currently priced above market, the property offers a unique Dual Master Suite layout with lock-off capability, ideal for high-end rental income. Featuring Granite Countertops, a Kiva Fireplace, and a Spacious Rooftop Patio with mountain views, the home maintains a Condition Rating of 4. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, resort-style lifestyle in Carefree.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 36601 N Mule Train Road 13D Subject | $690,000* List Price | 2 | 3 | 2,100 | $295 | - |
A 36601 N Mule Train Road 15A Active | $660,000 List Price | 2 | 3 | 2,100 | $314 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is 23 years old and falls into the fair category based on age. While well-maintained and move-in ready, the interior features dated elements such as glass block shower walls, early-2000s cabinetry, and traditional tile flooring that would require cosmetic updates to meet modern luxury standards.
The property features two self-contained master suites that can be locked off from each other, providing exceptional privacy and versatile options for a luxury rental investment or multi-generational living.
With multiple covered patios, a spacious rooftop deck, and a cozy Kiva fireplace, the home maximizes Arizona's climate while offering stunning views of the golf course and surrounding mountains.
This fully furnished townhouse boasts high-end upgrades including granite countertops, solid core alder doors, and a jetted tub, all within a single-level living space on the upper floor with no interior steps.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2100, other record living area = 1970.
The monthly HOA fee of $448 is a significant recurring expense that increases the total cost of ownership and may be a deterrent for budget-conscious buyers.
The property is located several miles from the nearest schools (3.5 to 6.7 miles), which may be less convenient for families with school-aged children compared to more centrally located residential areas.
Luxury Lifestyle or Investment Property in Sunny Arizona. This beautiful upper Level Townhouse with no interior Steps is fully furnished. Two self-contained Master Bedroom Suites offer excellent Privacy and can be locked off from one another. Upgrade Finishes include Granite Countertops, solid Core Alder Doors and Jetted Tub in the Master Bath. All Rooms open to covered Patios for outdoor Living. The Family Room and Master Bedroom offer beautiful Golf Course Views. Enjoy the spacious Rooftop Patio from the Junior Suite or relax by the cozy Kiva Fireplace. The Clubhouses is close to the Resort Style Community Pool, Spa. This gated Community is close to Shopping in charming Carefree, hiking and biking Trails or the Western Town of Cave Creek and World Class Golf.
No exterior & parking available.
Grades PK-6 • 3.5 mi
Grades 6-8 • 6.7 mi
Grades 9-12 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,100 | - |
| Lot Size | 9,000 | - |
| Price | $690.0K | $822.5K |
| Price per sq ft | $329 | $336 |
| Built year | 2003 | 0 |
| HOA | $448 | $0 |
| Days on market | 69 | 2512 |
May 14, 2026
$690,000
Initial Listing