
Cave Creek, AZ 85331
Analysis of 5201 E ROCKAWAY HILLS Drive, Cave Creek, AZ 85331 is currently available with a list price of $2,950,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Although originally built in 1958, this estate has undergone an extensive, high-end architectural renovation within the last 5 years. The property features a gourmet kitchen with top-of-the-line Wolf and Sub-Zero appliances, modern wide-plank flooring, designer light fixtures, and new structural beams. The bathrooms and outdoor living spaces, including a custom pool and spa, are newly completed with luxury finishes, meeting the highest current quality standards with no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 366239, living area = 5386.
Situated on 8.4 acres at the base of the Seven Sisters Mountains, this estate offers unparalleled privacy and vast desert space rarely found in luxury residential listings.
Originally built in 1958 and reimagined by architect Tyler Green, the home features a sophisticated open-concept layout with high-end structural elements and panoramic windows.
While extensively remodeled, the 1958 origin of the structure may involve older underlying systems or foundation elements that require more vigilant long-term maintenance.
The scale of the 8.4-acre lot combined with the extensive luxury features and square footage suggests significant ongoing costs for landscaping, utilities, and general upkeep.
Nestled on 8.4 acres, this remodeled estate offers 5,386 sq ft of luxury with breathtaking 365-degree mountain views. Designed by architect Tyler Green, it boasts an open-concept layout featuring new structural beams, a stunning steel-and-wood staircase, and expansive panoramic windows. The gourmet kitchen is a chef's dream, equipped with top-of-the-line appliances. Enjoy five spacious bedrooms and four elegantly designed bathrooms, with the primary suite serving as a luxurious retreat, complete with a spa-like en-suite and spectacular views. Outdoors, a custom pool, covered patios, outdoor kitchen, and fire feature create the perfect entertaining space. Unwind in the Sedona spa while witnessing gorgeous sunsets. A four-car garage with RV hookup adds convenience to this desert oasis.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 4.0 | 3.0 | 83% |
| Square foot | 5,386 | 2,250 | 99% |
| Lot Size | 366,239 | 9,426 | 99% |
| Price | $2.95M | $590.0K | 99% |
| Price per sq ft | $548 | $291 | 95% |
| Built year | 1958 | 1999 | 1% |
| HOA | $0 | $78 | 24% |
| Days on market | 135 | 2381 | 1% |
Dec 8, 2025
$2,950,000
Initial Listing