
Carefree, AZ 85377
This Value-Add Desert Estate is listed at $1,150,000, positioned above the $1,085,012 Fair Market Value. The pricing reflects the significant land value of the 1.79-acre lot and its unobstructed panoramic mountain views of Black Mountain. Currently holding a Condition Rating of 5, the 1975 structure requires a comprehensive renovation to modernize its systems and dated finishes. Located within the boundaries of top-rated schools like Black Mountain Elementary, this property offers a rare footprint for forced appreciation in a premium location. It is an ideal acquisition for Luxury Renovators or Owner-Builders.
Property is extensive renovation needed.
Built in 1975 (nearly 50 years old) with no evidence of major renovations. The listing explicitly states it 'needs some TLC,' and interior photos show dated parquet flooring and original hollow-core doors, suggesting the home requires significant rehabilitation and updates to systems and finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 78102, living area = 2018.
Positioned at the base of Black Mountain, the home features panoramic views of the surrounding peaks from multiple vantage points, including a large front window and the dining area.
The property sits on a massive 78,102 square foot lot, offering rare privacy and significant space for outdoor amenities or potential expansion in a prime Carefree location.
The listing explicitly mentions the home needs 'TLC,' suggesting that the 1975 interior is likely dated and will require a significant additional investment to modernize.
Built nearly 50 years ago, the property may face upcoming capital expenditures for major systems such as HVAC, roofing, or plumbing to meet current efficiency standards.
Back on the Market-You will find this home in a beautiful location at the base of Black Mountain's NE side. Sitting slightly higher than the street, the large window at the front of the home has a panoramic view of mountains to the north and the dining room window faces Black Mountain to the SW. This slump block Ranch home has 3 bedrooms, 2.5 baths and a 3 car garage. It needs some TLC to make it yours. Being in the heart of Carefree offers grocery shopping, quaint shops and an abundance of restaurants in the area plus the Carefree Sundial; a must-see for visitors.
No exterior & parking available.
Grades PK-6 • 2.5 mi
Grades 6-8 • 6.2 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,018 | - |
| Lot Size | 78,102 | - |
| Price | $1.15M | $1.36M |
| Price per sq ft | $570 | $331 |
| Built year | 1975 | 0 |
| HOA | $0 | $0 |
| Days on market | 94 | 1385 |
Apr 20, 2026
$1,150,000
Initial Listing