4817 E FERNWOOD Court, Cave Creek, AZ 85331, Cave Creek, 85331 - 3 bed, 2 bath
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Cave Creek, AZ 85331
This property presents a Strong Value Opportunity with a List Price of $669,900—positioned well above the $618,661 Fair Market Value by 8%. While the home requires cosmetic updates to its Fair Condition Rating—specifically the dated kitchen and bathrooms—the 1,788 sq ft open floor plan and 3-car garage provide a solid foundation for value-add improvements. Located in the desirable Tatum Ranch subdivision, this home offers a private back yard and view fence lot. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4817 E FERNWOOD Court Subject | $649,900* List Price | 3 | 2 | 1,788 | $327 | - |
A 27231 N 47TH Street Sold | $650,000 | 3 | 2 | 1,932 | $336 | 1.0 mi |
B 4542 E VIA DONA Road Sold | $597,000 | 3 | 2 | 1,564 | $382 | 0.4 mi |
C 5133 E JUANA Court Sold | $512,000 | 3 | 3 | 1,943 | $264 | 0.4 mi |
D 28825 N 45th Street Sold | $700,400 | 4 | 2 | 2,186 | $320 | 0.4 mi |
E 4637 E FERNWOOD Court Sold | $695,000 List Price | 4 | 2 | 2,186 | 0.3 mi | |
F 28645 N 50TH Place Active | $685,000 List Price | 3 | 2 | 1,933 | $354 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996, the property is 30 years old. While it features newer laminate flooring and fresh paint, the kitchen and bathrooms are dated, featuring original oak cabinetry and 1990s-style tile countertops. Per the criteria, the age of the core finishes (>20 years) and the need for cosmetic updates to the wet areas classify it as Fair.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7877, living area = 1788.
Situated in the highly desirable Tatum Ranch subdivision, the property offers access to scenic walking paths and is conveniently close to premium shopping, dining, and entertainment.
The inclusion of a 3-car garage provides significant value for storage or multiple vehicles, a feature that distinguishes it from many other three-bedroom homes in the area.
Built in 1996, the home may soon require capital improvements to major systems like the roof or HVAC, despite the well-maintained appearance of the interior.
With under 1,800 square feet of living space, the home may feel restrictive for larger families or those requiring a dedicated home office in addition to three bedrooms.
Beautifully maintained single-level home tucked away on a quiet cul-de-sac in the highly desirable Tatum Ranch subdivision of Cave Creek, AZ. This inviting 3-bedroom, 2-bath residence offers thoughtfully designed living space featuring a split floor plan, soaring vaulted ceilings, and warm Southwestern charm. The home is situated on a lot that backs to a heavily vegetated wash affording a higher degree of privacy than typical lots. Additionally, there are no 2 story homes looking down on the property, and it does not back to the power lines or to a busy cross street. The heart of the home is an inviting kitchen equipped with well-maintained appliances, flowing seamlessly into a spacious great room anchored by a cozy fireplace. Large windows throughout bathe the interior in abundant.. natural light, highlighting the dedicated dining area and expansive architectural details. The private master retreat boasts spacious sleeping quarters and a spa-like en suite complete with dual vanities, a separate shower, a soaking tub, and a generous walk-in closet. Step outside to a private backyard oasis featuring a covered patio, low-maintenance landscaping, and a view fence lot--perfect for entertaining family and friends. Additional highlights include a rare 3-car garage and access to Tatum Ranch's scenic walking paths and green spaces. Enjoy the perfect blend of tranquility and convenience, with premier shopping, dining, and entertainment just minutes away. Come see this gem and leverage a move in ready home or reap the benefits of historically great rental income.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,788 | - |
| Lot Size | 7,877 | - |
| Price | $649.9K | $800.0K |
| Price per sq ft | $363 | $353 |
| Built year | 1996 | 0 |
| HOA | $107 | $0 |
| Days on market | 43 | 3149 |
Jul 18, 2026
$649,900
$659,500
-1% Price Drop
Initial Listing
Jul 9, 2026
$659,500
$664,500
-1% Price Drop
Initial Listing
Jun 25, 2026
$664,500
$669,900
-1% Price Drop
Initial Listing
Jun 9, 2026
$669,900
Initial Listing