3787 E Villa Cassandra Way, Cave Creek, AZ 85331, Cave Creek, 85331 - 4 bed, 3 bath
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Cave Creek, AZ 85331
This Turnkey Desert Retreat is a High-Potential Investment Opportunity, listed at $1,249,000—positioned well below the $1,292,798 Fair Market Value by 3%. This valuation gap offers $43,798 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a new roof, dual Trane HVAC systems, and a resort-style backyard, this home offers immediate peace of mind. With its 1.24-acre lot bordering State Trust Land and Black Mountain views, it is an ideal acquisition for Owner-Occupants or luxury lifestyle seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3787 E Villa Cassandra Way Subject | $1,249,000* List Price | 4 | 3 | 2,769 | $467 | - |
A 3636 E GALVIN Street Pending | $1,285,000 List Price | 3 | 3 | 2,644 | $486 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2003, the property has undergone a comprehensive recent renovation including a full roof replacement, dual new Trane HVAC systems, and remodeled spa-inspired bathrooms. The interior features updated flooring and fresh paint, qualifying it as a 'reimagined' home in mint condition with all major systems recently upgraded.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54014, living area = 2769.
The property offers significant peace of mind with recent high-value upgrades, including a full roof replacement, dual new Trane HVAC systems, and a tankless water heater, eliminating immediate capital expenditures for the buyer.
Situated on a generous 1.24-acre lot that borders Arizona State Trust Land, the home provides exceptional privacy and unobstructed eastern views that are highly coveted in the Cave Creek market.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =54014, other record lot size in square feet = 53927. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
While the interior has been reimagined, the 2003 original construction may still feature some architectural limitations compared to contemporary new-build luxury estates.
At a list price of $1.249M for 2,769 square feet, the property sits at a high price-per-foot threshold, which may require a specific buyer who prioritizes land and upgrades over total interior living space.
Positioned on 1.24 acres in the heart of Cave Creek next to Arizona State Trust Land as your eastern backdrop, this reimagined single-story desert retreat delivers something today's luxury buyers are struggling to find: a home w/ both lifestyle appeal & true peace of mind. While many listings require future investment, this residence has already completed the big-ticket improvements including a full roof replacement, dual new Trane HVAC systems, tankless water heater, remodeled spa-inspired baths, updated flooring, fresh paint, & upgraded garage technology. Designed for effortless Arizona living, the property offers Black Mountain views, a resort-style backyard, split floor plan, oversized garage with lift capability, RV gate, & the kind of privacy and functionality buyers are looking for.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,769 | 2,282 | 65% |
| Lot Size | 54,014 | 9,262.5 | 90% |
| Price | $1.25M | $502.5K | 88% |
| Price per sq ft | $451 | $272 | 91% |
| Built year | 2003 | 1999 | 73% |
| HOA | $75 | $78 | 36% |
| Days on market | 15 | 2644 | 1% |
May 22, 2026
$1,249,000
Initial Listing