
Cave Creek, AZ 85331
This Multi-Generational Desert Estate is a Strong Value Opportunity, listed at $1,290,000—positioned well below the $1,349,962 Fair Market Value by 4%. This valuation gap provides $59,962 in Instant Equity. Boasting a Condition Rating of 3, the home features a Private Guest Suite, a Remodeled PebbleTec Pool, and Mountain Views, all within 15 minutes of the TSMC plant. This property is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey asset with high rental potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4502 E SIERRA SUNSET Trail Subject | $1,290,000* List Price | 4 | 3 | 3,680 | $367 | - |
A 5118 E SIERRA SUNSET Trail Sold | $1,080,000 | 3 | 3 | 2,864 | $377 | 0.8 mi |
B 31622 N 42ND Place Active | $1,010,000 List Price | 4 | 4 | 3,200 | $316 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant recent capital improvements completed between 2023 and 2025, including a newly remodeled PebbleTec pool, fresh interior/exterior paint, new Berber carpeting, and a certified roof. While the kitchen features refinished Corian countertops and older cabinetry styles rather than a full modern gut-renovation, the home is meticulously maintained with high-quality custom wood features and updated major systems.
The property features a highly functional private guest suite with two bedrooms, a full bath, and three private entrances, making it ideal for multi-generational families or rental income potential.
Significant 2025 updates including a remodeled lagoon-style PebbleTec pool, new Berber carpeting, and a certified roof provide immediate value and reduced maintenance for the new owner.
Situated just 15 minutes from the new TSMC chip plant, the home offers a perfect balance of a peaceful desert retreat with a convenient commute for tech professionals.
While recently refinished, the Corian countertops may be perceived as a lower-tier material compared to the natural stone or quartz surfaces typically expected in a luxury Cave Creek home.
The 14,140 sq ft lot is relatively modest for the Cave Creek area, which may deter buyers seeking the expansive acreage and increased privacy often found in desert ranch properties.
Enjoy the best of both worlds--just a 15-minute, stress-free drive from the new TSMC chip plant, yet tucked away in the peaceful Sonoran Desert countryside of Cave Creek. This meticulously upgraded early 21st-century desert gem offers 3,680 sq ft of living space and over 5,500 sq ft under roof, blending timeless craftsmanship with modern efficiency. Inside, the home features R-42 insulation and insulated interior walls for superior energy efficiency and sound control. The main living areas are enhanced with custom architectural solid wood beams, elegant built-in wood features, and striking natural fieldstone accents that flow seamlessly through the living room, kitchen, bar, and family spaces. Crypto is accepted A breathtaking 12-foot custom stone fireplace with a dual A&B flue system allows for both wood-burning and natural gas use, topped with a one-of-a-kind mantel crafted from a 100-year-old reclaimed Michigan barn beam. A standout feature is the fully customized art studio by California Closets, complete with built-in cabinetry, a retractable desk, hidden sliding double doors, and five expansive windows, including a dramatic negative-edge window that fills the space with natural light. The home offers a highly desirable private guest suite/mother-in-law quarters with 2 bedrooms, 1 full bath, three private entrances, and a connecting door to the mudroom--ideal for multi-generational living, guests, or rental income. The garage is fully upgraded with over $10,000 in custom-built storage and workspace solutions, complemented by sleek epoxy flooring. Step outside to your own private retreat featuring a newly remodeled lagoon-style PebbleTec pool (2025) with elevated Kool Deck, multi-speed pump, and stunning natural stone water features, including a two-way waterfall and decorative water bowls. Additional exterior highlights include 600 sq ft of artificial turf for low-maintenance living. Recent updates provide peace of mind, including fresh interior and exterior paint (2023 & 2025), new Berber carpet (November 2025), hand-refinished Corian countertops (May 2025), and a roof inspection, maintenance, and certification completed in May-June 2025. This exceptional property offers a rare combination of luxury finishes, functional design, flexibility, and income potential--all set within a serene desert landscape with surrounding natural open spaces. A truly one-of-a-kind opportunity in Cave Creek.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 52% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,680 | 2,282 | 87% |
| Lot Size | 14,140 | 9,335.5 | 66% |
| Price | $1.29M | $590.0K | 90% |
| Price per sq ft | $351 | $290 | 67% |
| Built year | 2000 | 1999 | 57% |
| HOA | $302 | $78 | 89% |
| Days on market | 14 | 2376 | 1% |
Apr 8, 2026
$1,290,000
Initial Listing