
Cave Creek, AZ 85331
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $675,000—positioned well below the $684,918 Fair Market Value by 1%. This valuation gap offers $9,918 in Instant Equity for the buyer. The property maintains a Condition Rating of 4, featuring a Granite Kitchen and Distant Mountain Views from the Patio. While cosmetic updates to original cabinetry will modernize the aesthetic, the home offers significant lifestyle appeal. This is an ideal acquisition for Owner-Occupants seeking a desert retreat or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4882 E SKINNER Drive Subject | $650,000* List Price | 3 | 2 | 2,214 | $285 | - |
A 28825 N 45th Street Sold | $700,400 | 4 | 2 | 2,186 | $320 | 0.6 mi |
B 4637 E FERNWOOD Court Sold | $695,000 List Price | 4 | 2 | 2,186 | 0.3 mi | |
C 4423 E Vista Val Verde -- Sold | $725,000 | 3 | 2 | 2,484 | $292 | 0.7 mi |
D 5133 E JUANA Court Sold | $483,400 | 3 | 3 | 1,943 | $249 | 0.5 mi |
E 4423 E VISTA VAL VERDE -- Sold | $725,000 | 4 | 2 | 2,524 | $287 | 0.7 mi |
F 4852 E BARWICK Drive Pending | $630,000 List Price | 3 | 2 | 1,987 | $317 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998 (28 years old), the home is well-maintained but dated. While the kitchen features some updates like granite countertops and stainless steel appliances, the oak cabinetry and bathroom fixtures are original to the build. The property falls into the >20y category requiring minor cosmetic updates to meet modern standards.
Situated in the highly desirable Tatum Ranch community, the property offers exceptional access to Cave Creek's renowned hiking trails, boutique dining, and local shopping.
With 2,214 square feet for a three-bedroom residence, the home provides a spacious and versatile floor plan that is larger than many comparable three-bedroom models in the area.
The property strikes a perfect balance between a private desert retreat and a functional full-time residence, appealing to both seasonal visitors and permanent residents.
Built in 1998, the home may require updates to major systems or cosmetic finishes to meet the expectations of buyers looking for contemporary luxury standards.
The 7,657-square-foot lot is standard for a master-planned subdivision but may feel restrictive to buyers specifically seeking the expansive acreage often associated with Cave Creek.
Welcome to the heart of Cave Creek! Surrounded by stunning Arizona scenery and located near hiking, dining, shopping, and outdoor recreation, this property offers the perfect balance of privacy, space, and convenience. Whether you're looking for a full-time residence or a desert retreat, this is the Cave Creek lifestyle you've been waiting for.
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 | 2,214 | - |
| Lot Size | 7,657 | - |
| Price | $650.0K | $800.0K |
| Price per sq ft | $294 | $353 |
| Built year | 1998 | 0 |
| HOA | $107 | $0 |
| Days on market | 40 | 3149 |
Jul 3, 2026
$650,000
$675,000
-4% Price Drop
Initial Listing
Jun 12, 2026
$675,000
Initial Listing