4717 E SLEEPY RANCH Road, Cave Creek, AZ 85331, Cave Creek, 85331 - 3 bed, 2 bath
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Cave Creek, AZ 85331
This Spacious Desert Residence is a High-Potential Investment Opportunity, with a List Price of $850,000—positioned well below the $981,530 Fair Market Value by 13%. This valuation gap provides $131,530 in Instant Equity. Maintaining a Move-in Ready Condition Rating, the home features a Resort-Style Backyard with a Pool and View Deck overlooking mountain vistas. Inside, Vaulted Ceilings and a Chef’s Kitchen complement a versatile office addition. This is an exceptional acquisition for Owner-Occupants seeking lifestyle luxury or Buy-and-Hold Investors looking for a high-equity asset in a gated Cave Creek community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4717 E SLEEPY RANCH Road Subject | $850,000* List Price | 3 | 2 | 2,511 | $391 | - |
A 5118 E SIERRA SUNSET Trail Sold | $1,080,000 | 3 | 3 | 2,864 | $377 | 0.5 mi |
B 31515 N 47th Terrace Sold | $849,900 List Price | 4 | 3 | 2,556 | 0.6 mi | |
C 4339 E SMOKEHOUSE Trail Sold | $764,990 List Price | 4 | 3 | 2,412 | 0.6 mi | |
D 5209 E SIERRA SUNSET Trail Sold | $885,000 | 4 | 3 | 2,542 | $348 | 0.7 mi |
E 4819 E LONESOME Trail Active | $829,999 List Price | 3 | 2 | 2,437 | $341 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows pride of ownership from the original owner. Although built in 2003 (21 years ago), it features a newer roof (2021) and well-maintained major systems. The kitchen and bathrooms, while featuring original hickory cabinetry that reflects a slightly dated aesthetic, are equipped with high-quality granite countertops and modern stainless steel appliances. The overall structure, including vaulted ceilings and tile flooring, is in excellent condition with no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11600, living area = 2511.
The outdoor space is a premier feature, offering a pool with a rock waterfall, a view deck with mountain vistas, and an expansive covered patio for elite desert living.
A significant addition currently serving as an office and craft studio provides versatile square footage that can be adapted to various lifestyle needs or hobbies.
With a 2003 build date and original hickory cabinetry, some interior finishes may feel dated to buyers looking for a contemporary or modern aesthetic.
At over 2,500 square feet, the home only provides three bedrooms, which may be a drawback for larger families or those requiring more dedicated sleeping quarters.
RARE OPPORTUNITY by Original Owner! GATED community! A RESORT-style backyard retreat designed for privacy & desert views. The expansive yard features a sparkling pool w/rock waterfall, BBQ, extended covered patio & VIEW DECK. Inside, the GREAT ROOM showcases dramatic VAULTED ceilings, stone gas fireplace, CHEF'S KITCHEN w/granite countertops, hickory cabinetry, breakfast bar island, kitchen nook & formal dining area. Thoughtful SPLIT FLOORPLAN with a spacious primary suite featuring a massive walk-in closet. A large addition currently an office & craft studio provides flexible living space potential. Additional features include plantation shutters, central vac, soft water, R/O, garage w/bonus workshop/storage, RV gate & 2021 roof. EXCEPTIONAL indoor-outdoor living in quiet, scenic setting
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 39% |
| Square foot | 2,511 | 2,282 | 57% |
| Lot Size | 11,600 | 9,335.5 | 60% |
| Price | $850.0K | $590.0K | 71% |
| Price per sq ft | $339 | $290 | 62% |
| Built year | 2003 | 1999 | 72% |
| HOA | $304 | $78 | 89% |
| Days on market | 27 | 2376 | 1% |
Mar 26, 2026
$850,000
Initial Listing