4703 E CHAPAROSA Way, Cave Creek, AZ 85331, Cave Creek, 85331 - 4 bed, 3 bath
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Cave Creek, AZ 85331
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $939,500—positioned well below the $1,021,312 Fair Market Value by 8%. This valuation gap offers $81,812 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home boasts an Updated Gourmet Kitchen and a resort-style backyard with a sparkling pool. Its expansive lot backing to natural space ensures privacy. This is an ideal acquisition for Owner-Occupants seeking a lifestyle retreat or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4703 E CHAPAROSA Way Subject | $939,500* List Price | 4 | 3 | 3,052 | $335 | - |
A 30609 N 47TH Place Pending | $1,075,000 List Price | 4 | 3 | 3,008 | $357 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1994 (32 years old), the property shows clear 'original-owner pride' and is move-in ready. The kitchen has been updated with modern granite, white cabinetry, and stainless appliances (likely within the last 5-10 years). While the primary bathroom remains dated with 1990s-style gold-trimmed shower enclosures and fixtures, the overall maintenance and functional updates to the heart of the home justify a 'Good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25581, living area = 3052.
Situated on over half an acre backing to open natural space, this property offers exceptional privacy and desert views within a secure gated community.
The heart of the home features recent upgrades including granite countertops, white cabinetry, and stainless steel appliances, providing a modern and move-in-ready aesthetic.
Built in 1994, the home may soon require capital improvements for big-ticket items like the roof or HVAC systems if they haven't been replaced by the original owner.
While the kitchen is updated, other areas of the home may still retain 1990s-era finishes, potentially requiring additional investment to achieve a fully contemporary aesthetic throughout.
Original-owner pride, gated Tatum Ranch privacy, and a sparkling pool retreat in Cave Creek. Set on an expansive lot backing to open natural space, this home offers room to breathe, relax, and entertain. With a split floor plan, updated kitchen, 3-car garage, oversized primary suite, and resort-style backyard setting, this is Arizona living at its best. The desirable split floor plan creates wonderful separation of space, with an oversized primary suite privately positioned on one side of the home. The primary retreat features a luxurious ensuite bath, generous walk-in closet, and direct access to the large covered back patio, perfect for quiet mornings or peaceful evenings overlooking the backyard. At the heart of the home, the great room welcomes you with a beautiful fireplace and ... comfortable gathering space. The kitchen has been recently updated with elegant granite countertops, painted white cabinetry, stainless steel appliances, and a fresh, timeless palette that feels bright and inviting. On the opposite side of the home, you'll find three additional bedrooms, one of which could easily serve as a home office, guest room, or flex space. The home also includes an additional full bathroom and a convenient half bath. Step outside to enjoy a true Arizona backyard retreat with a crystal-clear sparkling pool, expansive covered patio, and an oversized lot backing to open natural space for added privacy and desert beauty. A full 3-car garage adds excellent storage and functionality. This original-owner Tatum Ranch home offers space, privacy, and lifestyle in one of Cave Creek's most loved communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,052 | 2,282 | 73% |
| Lot Size | 25,581 | 9,262.5 | 74% |
| Price | $939.5K | $502.5K | 80% |
| Price per sq ft | $308 | $272 | 62% |
| Built year | 1994 | 1999 | 27% |
| HOA | $150 | $78 | 65% |
| Days on market | 22 | 2645 | 1% |
May 16, 2026
$939,500
Initial Listing