
Cave Creek, AZ 85331
This Refined Desert Estate is a Strong Value Opportunity, listed at $1,199,000—positioned well below the $1,285,782 Fair Market Value by 6%. This valuation gap provides $86,782 in Instant Equity. Boasting a Pristine Condition Rating, the home features a 703 sqft detached guest house, a chef’s kitchen with Wolf appliances, and significant 2025 mechanical upgrades. With mountain views and a resort-style pool, it balances luxury with financial upside. This is an ideal acquisition for Multigenerational Families or Owner-Occupants seeking a turnkey sanctuary with built-in wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5311 E GRAY WOLF Trail Subject | $1,199,000* List Price | 5 | 4 | 3,959 | $325 | - |
A 5118 E SIERRA SUNSET Trail Sold | $1,080,000 | 3 | 3 | 2,864 | $377 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2006, the property has undergone extensive recent renovations and mechanical upgrades as of 2025. Key features include a high-end chef's kitchen with double islands, quartzite countertops, and professional-grade Wolf and Bosch appliances. Major systems have been replaced recently, including three new Trane AC units, new pool equipment, and updated electrical/lighting. The interior is move-in ready with modern finishes, fresh paint, and a detached guest house, meeting the criteria for a recently fully renovated property with no deferred maintenance.
The 703 sqft carriage-style guest suite with a private entrance, kitchenette, and living area offers rare versatility for multigenerational living or potential rental income.
The property features significant recent investments, including three new Trane AC units (2025) and new pool equipment, providing immediate value and peace of mind for the buyer.
The high-end kitchen is equipped with double islands, quartzite countertops, and professional-grade Wolf and Bosch appliances, making it a standout feature for entertaining.
The use of laminate wood-look flooring throughout the main living areas may be perceived as a lower-tier finish for a luxury home at this price point.
With nearly 4,000 sqft of living space situated on an 11,526 sqft lot, the property feels more densely built with less open yard space compared to typical Cave Creek estates.
This exceptional home truly checks every box--blending luxury, functionality, and thoughtful upgrades in a premier gated setting. Perfectly positioned on a north/south-facing corner lot backing to a wash, it offers privacy, serenity and space. The main residence lives entirely on one level, complemented by a carriage-style guest house with its own private entrance--ideal for guests, multigenerational living, or income potential. Inside, the open-concept design is filled with natural light and elevated by laminate wood-look floors, refined finishes, and a seamless indoor-outdoor flow. The kitchen is both stunning and functional, featuring double islands, quartzite countertops, refinished cabinetry, a Wolf gas range, Bosch refrigerator, built-in desk area, and generous pantry space--perfe for everyday living and entertaining alike. The primary suite has a separate entrance to the backyard, dual sinks a separate soaking tub and large shower. The custom closet system is both beautiful and functional. Three additional bedrooms in the main house are spacious with large closets, Step outside to a resort-style backyard designed for year-round enjoyment, complete with a heated pool and spa, built-in BBQ, fire pit, raised garden beds with drip system, two citrus trees and expansive travertine patios with a tongue-and-groove ceiling. New 2025 pool equipment is housed in a shaded enclosure for added efficiency and convenience. The home is loaded with meaningful upgrades, including three new Trane AC units (2025), a 75-gallon gas water heater, new soft water and reverse osmosis systems, updated lighting and electrical, exterior and interior paint redone, plantation shutters and modern shades throughout, built-in speakers, EV charger wiring, and garage enhancements with epoxy flooring and custom cabinetry. Plus the expansive pavered driveway allows for ample parking space. Offering nearly 4,000 square feet of thoughtfully designed living space, including a 703 sq ft guest suite with kitchenette, living room, bedroom, and full bath, this home delivers an exceptional combination of comfort, versatility, and refined Arizona living--all within a highly desirable gated community. Located in the desirable Cave Creek/North Phoenix this home offers a rare balance of tranquility and convenience. Surrounded by natural desert beauty, scenic walking paths, and nearby mountain preserves, the area is ideal for those who value an active, outdoor lifestyle. At the same time, you're just minutes from Desert Ridge Marketplace, CityNorth, and the Loop 101, providing easy access to top dining, shopping, golf, and major employment hubs. This is a location that feels tucked away--yet effortlessly connected to everything the Valley has to offer.
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 | 84% |
| Square foot | 3,959 | 2,282 | 91% |
| Lot Size | 11,526 | 9,335.5 | 60% |
| Price | $1.20M | $590.0K | 89% |
| Price per sq ft | $303 | $290 | 54% |
| Built year | 2006 | 1999 | 77% |
| HOA | $432 | $78 | 92% |
| Days on market | 7 | 2376 | 1% |
Apr 15, 2026
$1,199,000
Initial Listing