
Cave Creek, AZ 85331
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $625,000—positioned well below the $639,920 Fair Market Value by 2%. This valuation gap offers $14,920 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, the home boasts a Modern Gourmet Kitchen and a low-maintenance backyard with a private patio. Located in the peaceful Rancho Paloma community, this property is an ideal fit for Owner-Occupants seeking a lifestyle-focused home or Buy-and-Hold Investors looking for a high-quality, low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5035 E DESERT FOREST Trail Subject | $625,000* List Price | 3 | 3 | 2,364 | $271 | - |
A 4726 E Woburn Lane Active | $564,500 List Price | 4 | 3 | 2,024 | $279 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this 8-year-old property meets the 'Excellent' criteria as it is under 10 years old and in mint condition. The home features a modern gourmet kitchen with granite countertops and stainless steel appliances, contemporary bathrooms with high-end finishes, and systems that are well within their functional lifespan, requiring no maintenance.
Built in 2018, the home features a contemporary open floor plan with a high-end kitchen including granite countertops, a gas cooktop, and a large island perfect for entertaining.
The backyard is professionally upgraded with travertine pavers and artificial turf, while the HOA maintains the front landscaping, making it an ideal lock-and-leave property.
The floor plan includes an enclosed downstairs den for a home office and an upstairs loft, providing significant flexibility for remote work or additional recreation areas.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3275, living area = 2364.
With a lot size of only 3,275 square feet, the outdoor space is relatively compact, which may not appeal to buyers seeking a large private yard or extensive garden.
At 2,364 square feet, the home only offers three bedrooms, which might be considered a low bedroom count for families compared to other homes in this square footage range.
Located in the desirable Rancho Paloma community in Cave Creek, this home offers the kind of Arizona lifestyle buyers are searching for. Rancho Paloma is known for its peaceful desert setting, mountain views, walking paths, nearby hiking trails, and quiet atmosphere that feels removed from the city while still offering convenience. Residents enjoy easy access to outdoor recreation, golf courses, and nearby destinations like Bartlett Lake and The rBoulders. One of the biggest advantages of this location is how close it is to everyday amenities. Desert Ridge, North Phoenix, and Scottsdale are all just a short drive away, giving you quick access to shopping, restaurants, entertainment, grocery stores, and freeway access while still enjoying the beauty and peacefulness of Cave Creek. Inside, the home features a spacious open floor plan designed for both everyday living and entertaining. The gourmet kitchen includes a large island, granite countertops, gas cooktop, abundant cabinetry, and overlooks the main living areas for an open, connected feel. The home also features an enclosed downstairs den perfect for a home office or flex space, an upstairs loft, upstairs laundry room, oversized secondary bedrooms, plantation shutters throughout, and an exceptional amount of storage and closet space. Outside, the backyard has been beautifully upgraded with travertine pavers, artificial turf, well cared for vegetation, and a peaceful water feature creating a private outdoor retreat. Both the front and backyard are designed for low maintenance living, and the HOA maintains the front yard landscaping, making this a great lock-and-leave option or easy care home for busy homeowners.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,364 | 2,282 | 52% |
| Lot Size | 3,275 | 8,968 | 1% |
| Price | $625.0K | $502.5K | 60% |
| Price per sq ft | $264 | $270 | 49% |
| Built year | 2018 | 1999 | 91% |
| HOA | $115 | $78 | 63% |
| Days on market | 22 | 2644 | 1% |
May 15, 2026
$625,000
Initial Listing