5141 E RANCHO TIERRA Drive, Cave Creek, AZ 85331, Cave Creek, 85331 - 4 bed, 4 bath
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Cave Creek, AZ 85331
Analysis of 5141 E RANCHO TIERRA Drive, Cave Creek, AZ 85331 is currently available with a list price of $1,350,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Cave Creek Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1976, this custom estate is well-maintained and features high-quality original construction, including Pella windows and a new roof. However, the interior finishes—specifically the kitchen and bathrooms—are dated and reflect the home's original era. The listing description explicitly notes that the property requires restoration and modernization to reach its full potential, aligning with the 'fair' condition criteria of being functional but showing significant signs of being outdated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 198677, living area = 4017.
With a list price of $1.35M and a recent appraisal of $1.76M, this property offers over $400,000 in immediate equity, representing an exceptional value proposition for investors or equity-minded buyers.
Situated on over 4.6 acres across three gated lots, the property provides unparalleled privacy, stunning mountain views, and a lush Sonoran-Desert landscape featuring mature, towering saguaros.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =198677, other record lot size in square feet = 69435.
As a 1976 custom residence, the home requires substantial restoration and modernization to update its original finishes and systems to meet contemporary luxury standards.
The interior features dated ceiling heights in the kitchen and casual dining areas that may require structural modifications to match the more open, formal spaces of the home.
Nestled behind a private gate on almost 4.6 acres of immaculate Sonoran-Desert landscape, this 1976 custom residence invites a discerning buyer to restore a slice of architectural history. The home's rare hybrid of Spanish-Revival elegance and the rugged charm of a Mexican monastery creates a timeless backdrop for imagination and refinement. Towering saguaros frame the property, while a gentle desert breeze carries whispers of possibility--whether you envision a tranquil sanctuary, a showcase of artisan craftsmanship, or a savvy investment that builds on its recent $1.76M appraisal. 9/25/25 APPRAISAL VALUE AT $1,760,000. NEW ROOF IN DECEMBER 2025!!! Gated 4.5+ acres (3 lots) in Cave Creek, this 1976 exceptionally built exterior/interior 4000sf+custom Spanish-style home updated with Pella windows and sliding doors thru-out. Plenty of extra parking plus garages for 6 cars and a fully powered with electrical and plumbing workshop. Pool, water feature, fountain, deck, patios, bbq, fireplaces, balconies, walk-around terraces with unique charm and gorgeous views. Numerous spectacular tall Saguaro Cactus and natural desert plants on the property. The kitchen and casual dining ceiling can be raised another foot to match the formal dining area. Custom made cabinets and detail work throughout including beautifully made furniture in the workshop. Note: the courtyard arch bell is over 150 years old and was specially selected from an antique shop. The style of the villa home is a mix of Mexican Colonial and Spanish Monastery design. DO NOT TRESPASS. Monitored Property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 52% |
| Baths | 4.0 | 3.0 | 83% |
| Square foot | 4,017 | 2,250 | 92% |
| Lot Size | 198,677 | 9,426 | 98% |
| Price | $1.35M | $590.0K | 92% |
| Price per sq ft | $336 | $291 | 62% |
| Built year | 1976 | 1999 | 4% |
| HOA | $120 | $78 | 60% |
| Days on market | 324 | 2381 | 22% |
Jun 2, 2025
$1,350,000
Initial Listing