4268 E CHAPAROSA Way, Cave Creek, AZ 85331, Cave Creek, 85331 - 3 bed, 3 bath
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Cave Creek, AZ 85331
This Turnkey Tatum Ranch Residence is a Prime Investment Opportunity listed at $650,000—positioned well below the $665,497 Fair Market Value by 2%. This valuation gap provides $15,497 in Instant Equity. Boasting a Condition Rating of 2, the home features a remodeled quartz kitchen, new flooring, and a private play pool. Located within walking distance of Desert Willow Elementary and premier hiking trails, it offers a seamless blend of modern luxury and community convenience. This is an exceptional find for growing families or Owner-Occupants seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4268 E CHAPAROSA Way Subject | $650,000* List Price | 3 | 3 | 1,944 | $342 | - |
A 4321 E RANCHO CALIENTE Drive Sold | $559,900 List Price | 3 | 2 | 1,810 | 0.2 mi | |
B 31044 N 40TH Place Sold | $563,900 | 3 | 3 | 1,739 | $324 | 0.3 mi |
C 30417 N 42ND Place Sold | $550,000 | 4 | 3 | 1,798 | $306 | 0.5 mi |
D 4443 E Chaparosa Way Sold | $500,000 | 3 | 3 | 1,674 | $299 | 0.3 mi |
E 30844 N 41ST Place Sold | $625,000 | 3 | 2 | 2,000 | $313 | 0.3 mi |
F 31006 N 44TH Place Sold | $583,500 | 3 | 2 | 1,588 | $367 | 0.2 mi |
G 4429 E RANCHO CALIENTE Drive Active Under Contract | $650,000 List Price | 3 | 2 | 1,942 | $335 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1995, the property has undergone an extensive and high-quality renovation within the last 5 years. The kitchen is fully modernized with blue shaker-style soft-close cabinetry, quartz countertops, and stainless steel appliances. The home features new flooring throughout, fresh interior and exterior paint, and a primary bathroom that has been tastefully upgraded with a new tile glass shower and soaking tub. The overall aesthetic is contemporary and move-in ready with no visible deferred maintenance.
The property has been thoughtfully renovated with a modern kitchen featuring quartz countertops, upgraded bathrooms, new flooring, and fresh interior/exterior paint, offering a move-in-ready experience.
The backyard is a standout feature, equipped with a private play pool and low-maintenance artificial turf, perfect for the Arizona climate and outdoor entertaining.
Located in the desirable Tatum Ranch area, the home offers excellent proximity to top-rated schools, premier hiking trails, and convenient access to the Loop 101 and SR-51 freeways.
At 4,742 square feet, the lot is relatively small for the area, which may limit privacy and space for those seeking a larger yard.
All bedrooms are located on the second floor, which could be a drawback for buyers seeking a primary suite on the main level or those with mobility concerns.
Charming two-story home nestled in the peaceful Tatum Ranch community in the heart of Cave Creek. Extensively updated and thoughtfully remodeled, this residence offers 4 bedrooms, 2.5 bathrooms, and a 2-car garage. The detail-oriented renovation showcases a beautifully updated kitchen featuring soft-close cabinetry, quartz countertops, stainless steel appliances, and new flooring throughout. Both the interior and exterior have been freshly painted, and the primary bathroom has been tastefully upgraded with a new tile glass shower and soaking tub. Soaring ceilings and abundant windows fill the home with natural light, creating a bright and inviting atmosphere. The main level features a spacious family room with a fireplace, dedicated dining area, and an additional living space--perfect for both everyday living and entertaining. All bedrooms and the den are conveniently located upstairs. Step outside to an exceptional backyard complete with a play pool, low-maintenance landscaping, and a generous artificial turf area--ideal for relaxation and outdoor gatherings. Ideally located with quick access to shopping, dining, entertainment, a library, schools (including a nearby elementary school), parks, premier hiking trails, golf courses, medical facilities, and easy connectivity to the Loop 101 and SR-51 freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,944 | 2,250 | 29% |
| Lot Size | 4,742 | 9,245 | 8% |
| Price | $650.0K | $590.0K | 56% |
| Price per sq ft | $334 | $290 | 61% |
| Built year | 1995 | 1999 | 34% |
| HOA | $107 | $78 | 58% |
| Days on market | 12 | 2376 | 1% |
Apr 10, 2026
$650,000
Initial Listing