5317 E GRAY WOLF Trail, Cave Creek, AZ 85331, Cave Creek, 85331 - 3 bed, 3 bath
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Cave Creek, AZ 85331
This Spacious Single-Story Residence is a Strong Value Opportunity, listed at $899,000—positioned well below the $956,609 Fair Market Value by 6%. This valuation gap offers $57,609 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a 2022 Trane HVAC, 2025 cabinet restoration, and a Resort-Style Backyard with a Sparkling Play Pool and Mountain Views. This property is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or Value-Focused Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5317 E GRAY WOLF Trail Subject | $899,000* List Price | 3 | 3 | 3,242 | $295 | - |
A 5501 E CALLE DEL SOL -- Sold | $830,000 | 4 | 4 | 3,100 | $268 | 0.9 mi |
B 5822 E BRAMBLE BERRY Lane Sold | $830,000 | 4 | 3 | 2,476 | $335 | 0.7 mi |
C 5544 E Dusty Wren Drive Active | $925,000 List Price | 4 | 3 | 3,155 | $293 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 20-year-old property is exceptionally well-maintained and move-in ready. It features significant system updates including a new Trane HVAC (2022) and a newer water heater. The kitchen is highly functional with stainless steel appliances replaced within the last 3 years and cabinets restored in 2025. While the aesthetic reflects its original era, the recent maintenance and component upgrades align perfectly with the 'Good' criteria.
The property is exceptionally well-maintained with significant recent investments, including a 2022 Trane A/C, 2025 restored cabinetry, and newer stainless steel appliances, ensuring a move-in-ready experience with reduced immediate capital needs.
The backyard serves as a private oasis featuring a sparkling play pool, three separate patios, a built-in BBQ, and a gas fireplace, all complemented by desirable mountain views.
With over 3,200 square feet of living space, the home offers a functional split-bedroom layout, high ceilings, a dedicated den/office, and a three-car garage with ample built-in storage.
While the home is expansive at 3,242 square feet, it only provides three formal bedrooms, which may limit its appeal to larger families or buyers requiring more dedicated sleeping quarters.
Situated on a 10,130 square foot lot within a traditional subdivision, the property may lack the expansive desert privacy or larger acreage often prioritized by buyers looking in the Cave Creek market.
Awesome Cave Creek 85331- single family , Great Split Floorplan. offering the perfect blend of Comfort, Efficiency & Lifestyle. Home was in built in 2006 on a 10,000 Square Foot plus lot, 3 bedrooms and a Den / Office. 3 full Bathrooms , Sparkling Play Pool, Home has 4 outside patios, with natural Gas Fireplace and built in barbeque, Private resort style backyard with Pool, Nice Views, High Cathedral Ceiling's are all throughout home, Kitchen w/ Island, Newer SS Appliances. Most has been replaced within the last 2-3 years. Trane AC in 2022, Newer Water Heater, Pool decking updated walls. Subdivision is Quiet & peaceful . Subject property is among Much More Expensive Homes. Wonderful Neighborhood and a great value at 899,000 Great Room overlooks beautifully done kitchen w/ all newer & upgraded quality appliances. A center island makes living comfortable & practical living. A formal Dining area, next to the kitchen access, and a formal kitchen eating areas. There is a separate bar in the Great room, along with a secondary fireplace. Lots of beautiful Windows & High ceilings make for a cozy & warm environment. Multiple windows and French doors . Master Bedroom Suite is large and can accommodate large furniture, the home is situated as a split floorplan. It offers a Huge & Roomy closets, a Jetted Tub and a huge walk in Shower. A large 3 car Garage, with tons of additional built in storage. This home is truly a wonderful family home in an amazing smaller subdivision
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 | 3,242 | 2,282 | 81% |
| Lot Size | 10,130 | 9,262.5 | 53% |
| Price | $899.0K | $502.5K | 78% |
| Price per sq ft | $277 | $272 | 51% |
| Built year | 2006 | 1999 | 79% |
| HOA | $450 | $78 | 94% |
| Days on market | 61 | 2645 | 1% |
Apr 7, 2026
$899,000
Initial Listing