
Cave Creek, AZ 85331
This Thoughtfully Updated Tatum Ranch Residence is a Prime Investment Opportunity, listed at $950,000—positioned well below the $988,711 Fair Market Value by 3%. This valuation gap provides $38,711 in Instant Equity for the incoming buyer. Boasting a Move-In Ready Condition, the home features remodeled bathrooms, new flooring, and a private pool backing to a natural wash with mountain views. With an integrated enclosed patio and RV gate, it balances lifestyle luxury with financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4019 E MONTGOMERY Road Subject | $950,000* List Price | 4 | 3 | 3,198 | $297 | - |
A 4423 E VISTA VAL VERDE -- Sold | $725,000 | 4 | 2 | 2,524 | $287 | 0.7 mi |
B 4423 E Vista Val Verde -- Sold | $725,000 | 3 | 2 | 2,484 | $292 | 0.7 mi |
C 4357 E RANCHO TIERRA Drive Sold | $720,000 List Price | 4 | 2 | 2,186 | 0.5 mi | |
D 4402 E BARWICK Drive Active | $975,000 List Price | 5 | 3 | 3,265 | $299 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1990 but features significant recent updates including remodeled bathrooms, new flooring, and fresh paint. The kitchen and systems appear well-maintained with high-quality finishes, making it move-in ready and consistent with a 5-15 year renovation profile.
The home features high-quality modern updates including remodeled bathrooms, new flooring, solid wood interior doors, and fresh paint, ensuring a move-in-ready experience for the buyer.
Backing to a natural wash with mountain views, the property offers enhanced privacy and a serene desert backdrop that is highly coveted in the Tatum Ranch area.
The integration of an enclosed patio and the inclusion of an RV gate with dedicated parking provide significant added value and flexibility for entertaining and storage.
Built in 1990, the property may soon require capital improvements for major systems such as the roof or HVAC if they have not been updated alongside the cosmetic renovations.
With a substantial 3,198 square foot interior on a 9,693 square foot lot, the outdoor yard space may feel somewhat limited for buyers seeking expansive desert acreage.
Thoughtfully updated and designed for everyday living, this home offers the privacy, space, and outdoor lifestyle that make this area so desirable. Perfectly positioned on a lot backing to a natural wash with peaceful desert views, the spacious floor plan features a generous family room that creates an inviting setting for gathering, entertaining, or simply relaxing. Outside, enjoy a private backyard with a diving pool, RV gate with dedicated parking, and plenty of room to enjoy Arizona's beautiful weather year-round. Ideally located in sought-after Tatum Ranch with convenient access to Cave Creek, North Scottsdale, dining, shopping, golf, hiking, and everyday amenities. Transferable home warranty included.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,198 | - |
| Lot Size | 9,693 | - |
| Price | $950.0K | $800.0K |
| Price per sq ft | $297 | $353 |
| Built year | 1990 | 0 |
| HOA | $78 | $0 |
| Days on market | 106 | 3149 |
Apr 7, 2026
$950,000
Initial Listing