40205 N 26TH Street, Cave Creek, AZ 85331, Cave Creek, 85331 - 6 bed, 7 bath
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Cave Creek, AZ 85331
This Strong Value Opportunity is a versatile Multi-Generational Estate listed at $1,775,000—positioned well below the $1,873,501 Fair Market Value by 5%. This valuation gap provides $98,501 in Instant Equity. Featuring a Condition Rating of 3, the property includes a Granite Kitchen, Solar System, and Private Well. With two detached casitas and equestrian facilities, this estate is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-income potential desert retreat with panoramic mountain views.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40205 N 26TH Street Subject | $1,775,000* List Price | 6 | 7 | 4,372 | $427 | - |
A 40229 N 32 Street Active | $1,630,000 List Price | 5 | 5 | 3,344 | $487 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1973, the property has been significantly updated and well-maintained. The kitchen features modern stainless steel appliances and granite countertops, and the bathrooms have been renovated with contemporary fixtures and a freestanding tub, suggesting a renovation within the 5-15 year range. The inclusion of a solar system and well-kept grounds indicates the systems are functional and the home is move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 99360, living area = 4372.
The property features two detached casitas with private entrances and kitchenettes, providing exceptional versatility for short-term rentals, a boutique B&B, or multi-generational living.
Situated on nearly 2.3 acres, the estate is fully equipped for equestrian enthusiasts with three horse stalls and ample riding space, complemented by full RV hookups and a resort-style pool.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4372, other record living area = 2789.
Originally built in 1973, the main structure may require capital improvements or modern cosmetic updates to align with the premium $1.775M price point.
The combination of high acreage, equestrian facilities, and multiple guest houses creates a specialized product that may face a more limited pool of qualified buyers compared to traditional luxury homes.
Rare opportunity to own a private desert retreat on nearly 2.3 acres with panoramic mountain views, resort-style amenities, and exceptional income potential. The main residence offers 4 bedrooms and 4 baths, complemented by two detached casitas, each featuring a private entrance, kitchenette, bath, patio, and breathtaking views--perfect for guests, multi-generational living, short-term rentals, or a boutique hospitality/B&B venture. Equestrian enthusiasts will appreciate 3 horse stalls, ample riding space, and full RV hookups. Enjoy a sparkling pool with waterfall, private well, solar system, and multiple outdoor gathering areas designed for entertaining. A rare opportunity to own a secluded desert escape where every day feels like a vacation and every sunset feels like an event.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 0.0 |
| Baths | 7.0 | 0.0 |
| Square foot | 4,372 | - |
| Lot Size | 99,360 | - |
| Price | $1.77M | $800.0K |
| Price per sq ft | $406 | $353 |
| Built year | 1973 | 0 |
| HOA | $0 | $0 |
| Days on market | 54 | 3149 |
May 29, 2026
$1,775,000
Initial Listing