
Cave Creek, AZ 85331
This Western Territorial-style home is a Strong Value Opportunity, listed at $945,000—positioned well below the $941,184 Fair Market Value (priced at market stability). Featuring a Condition Rating of 3, the home offers modern upgrades including Alder cabinetry, granite countertops, and a newly coated roof. With a 47,829 sqft lot, equestrian amenities, and a separate guest house, this property provides versatile living options. It is an ideal acquisition for Equestrian Enthusiasts or Owner-Occupants seeking a move-in ready sanctuary with income potential.
Property is move-in ready.
Although built in 1978, the home has been significantly updated with a newer coated roof, modern wood-look tile flooring, and a renovated kitchen featuring Alder cabinetry and granite countertops. The interior appears well-maintained and move-in ready, consistent with a 5-15 year renovation cycle.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47829, living area = 2658.
The property is a horse lover's dream, featuring a 4-stall setup, tack room, arena, and direct access to state land riding trails.
Includes a separate guest house with a private entrance, ideal for multi-generational living, guests, or generating potential rental income.
Originally built in 1978, the home may require ongoing maintenance or further updates to systems not covered by recent cosmetic renovations.
The specialized equestrian and kennel facilities may limit the property's appeal to a specific buyer segment, potentially narrowing the pool of interested parties.
Discover this stunning Western territorial-style home set on over an acre, offering both charm and functionality in a prime location near Loop 101 and Desert Ridge. Enter through the front door into a welcoming private courtyard complete with a cozy fountain--an ideal space for relaxing or entertaining.The home features upgraded Alder cabinetry, granite countertops, newer tile flooring throughout. It recently has a new coated roof for added peace of mind. The attached guest house includes its own private entrance, making it perfect for visitors, multi-generational living, or potential rental income. Enjoy direct access to state land with miles riding trails, and the convenience of riding to a nearby Dynamite arena--perfect for equestrian enthusiasts. The property is fully equipped for horse lovers, featuring a 4-stall setup, a spacious tack room, and an arena/turnout--ideal for riding, and training. Additional highlights include a spacious three-car garage. The dog kennel setup on the west side of property presents a great opportunity for a home-based dog care business. Or use it for storage. This unique property blends Southwestern character with modern upgrades and versatile living options--don't miss it!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,658 | 2,250 | 66% |
| Lot Size | 47,829 | 8,837 | 86% |
| Price | $899.0K | $0 | 80% |
| Price per sq ft | $338 | $0 | 67% |
| Built year | 1978 | 1998 | 3% |
| HOA | $0 | $78 | 22% |
| Days on market | 38 | 2691 | 1% |
May 28, 2026
$899,000
$945,000
-5% Price Drop
Initial Listing
May 7, 2026
$945,000
Initial Listing