
Carefree, AZ 85377
This Multi-Generational Luxury Estate is a High-Potential Investment Opportunity, listed at $2,350,000—positioned well below the $2,427,649 Fair Market Value by 3%. This valuation gap offers $77,649 in Instant Equity. Featuring a Condition Rating of 3, the home offers high-end finishes like Travertine floors and Viking appliances. With a 4.6-acre lot, negative-edge pool, and panoramic mountain views, this property is an ideal acquisition for Multi-Generational Families or Luxury Owner-Occupants seeking a private, expansive sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38211 N Sombrero Road Subject | $2,350,000* List Price | 4 | 5 | 5,334 | $455 | - |
A 7823 E CELESTIAL Street Pending | $2,099,000 List Price | 5 | 6 | 5,138 | $409 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005 (21 years old), the property is exceptionally well-maintained and move-in ready. While the kitchen and bathrooms feature high-end materials like Viking appliances, granite, and travertine, the aesthetic is dated to the original construction period.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 190001, living area = 5334.
The property features a highly desirable multi-generational layout with two separate living areas and dual primary suites, providing excellent flexibility for extended families or guests.
Situated on a massive 4.6-acre lot in Carefree, the home offers exceptional privacy and stunning panoramic mountain views, further enhanced by a luxury negative-edge pool and spa.
The solar panels are leased rather than owned, which may be a drawback for buyers who prefer to avoid long-term lease obligations and potential transfer complexities.
The walk-in wine room is currently not hooked up and the downstairs living area lacks a kitchen, necessitating additional investment to fully utilize these specialized spaces.
PANORAMIC VIEWS on 4.6 AC in Carefree! IMPRESSIVE MULTI GENERATIONAL HOME! TWO SEPARATE LIVING AREAS/MASTER SUITES! 4 Bd total (2 Master Suites) /PLUS separate OFFICE/4.5 Bath, 4CG. MAIN LEVEL is Primary Suite/full laundry/1 BR-ensuite & office PLUS-Greatroom Flr plan;Soaring ceilings;cofferred ceilings; 3 Gas FP(in LR/FR/PRIMARY)-Lg Formal Dining area;Wet bar;Eat in kitchen; kitchen bar.Travertine floors, Stainless viking appliances.Walk in pantry.Double ovens; Gas cooktop, Granite countertops, custom finishes throughout! DOWNSTAIRS has spacious LR (no kitchen) 2nd Primary Suite/1 BR -ensuite bath another Laundry room/Walk in Wine Room (not hooked up) Flagstone patios front & back;covered balcony;negative edge pool (heated) & spa.So much more!Solar Panels leased . Great Value Here!
No exterior & parking available.
Grades PK-6 • 4.5 mi
Grades 6-8 • 7.9 mi
Grades 9-12 • 4.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 5.0 | 0.0 |
| Square foot | 5,334 | - |
| Lot Size | 190,001 | - |
| Price | $2.35M | $1.36M |
| Price per sq ft | $441 | $331 |
| Built year | 2005 | 0 |
| HOA | $0 | $0 |
| Days on market | 79 | 1385 |
May 4, 2026
$2,350,000
Initial Listing