5062 E ROY ROGERS Road, Cave Creek, AZ 85331, Cave Creek, 85331 - 3 bed, 2 bath
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Cave Creek, AZ 85331
This Updated Desert Oasis is a High-Potential Investment Opportunity, listed at $630,000—positioned well below the $778,723 Fair Market Value by 19%. This significant valuation gap provides $148,723 in Instant Equity. Boasting a Good Condition Rating, the home is move-in ready with a modernized kitchen, new flooring, and a sparkling private pool. Located in the desirable Tatum Ranch community, it offers a turnkey lifestyle with substantial financial upside. This is an ideal acquisition for Owner-Occupants seeking a value-buy or Buy-and-Hold Investors looking for a high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5062 E ROY ROGERS Road Subject | $630,000* List Price | 3 | 2 | 1,656 | $470 | - |
A 28421 N 46TH Street Sold | $590,000 | 3 | 2 | 1,618 | $365 | 0.6 mi |
B 5067 E MARK Lane Sold | $525,000 | 3 | 2 | 1,421 | $369 | 0.1 mi |
C 4542 E VIA DONA Road Sold | $597,000 | 3 | 2 | 1,564 | $382 | 0.7 mi |
D 5020 E DALE Lane Pending | $520,000 List Price | 3 | 2 | 1,421 | $366 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent aesthetic updates, including a modernized kitchen, new flooring, and a remodeled primary bathroom. While the home was built in 1999, these renovations bring the interior up to contemporary standards. It does not qualify as 'excellent' because the major mechanical systems and roof are approaching the end of their typical 25-year lifespan, but the overall maintenance and 'sparkling' pool condition justify a 'good' rating.
The home features significant aesthetic renovations including new flooring, a modernized kitchen, and a beautifully remodeled primary bathroom, providing a contemporary and turnkey living space.
The property includes a private backyard with a sparkling pool, offering a highly desirable outdoor oasis for relaxation and entertaining in the Arizona climate.
Extensive updates throughout the interior ensure the home is move-in ready, appealing to buyers who want to avoid the stress and cost of immediate post-purchase renovations.
With a lot size of 5,339 square feet, the outdoor space is relatively small for the Cave Creek area, which may limit yard utility for those seeking more expansive grounds.
Built in 1999, the property is reaching an age where major mechanical systems or structural components like the roof may require inspection or upcoming replacement despite the cosmetic upgrades.
If you've been looking for a move-in ready home in Cave Creek with a pool-this is it! This home has been beautifully updated with new flooring, modern kitchen, and a gorgeous primary bathroom remodel. Step outside and you'll find your own private backyard with a sparkling pool, perfect for relaxing and entertaining. It's the ideal blend of indoor comfort and outdoor Arizona living.
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 | 1,656 | 2,250 | 10% |
| Lot Size | 5,339 | 9,245 | 11% |
| Price | $630.0K | $590.0K | 54% |
| Price per sq ft | $380 | $290 | 77% |
| Built year | 1999 | 1999 | 50% |
| HOA | $107 | $78 | 58% |
| Days on market | 13 | 2376 | 1% |
Apr 9, 2026
$630,000
Initial Listing