5407 E LONESOME Trail, Cave Creek, AZ 85331, Cave Creek, 85331 - 4 bed, 3 bath
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Cave Creek, AZ 85331
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,028,500—positioned above the $954,449 Fair Market Value. While priced slightly above market, the home maintains a Good Condition Rating with significant capital improvements, including dual A/C units and roof underlayment. The property features a chef's kitchen, private pool, and panoramic wash views, offering a premium lifestyle in a gated community. This move-in ready home is an ideal acquisition for discerning homeowners or lifestyle-focused buyers seeking privacy and modern comfort.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5407 E LONESOME Trail Subject | $975,800* List Price | 4 | 3 | 2,738 | $356 | - |
A 5352 E THUNDER HAWK Road Sold | $1,200,000 | 3 | 3 | 2,864 | $419 | 0.1 mi |
B 4717 E SLEEPY RANCH Road Sold | $838,705 | 3 | 2 | 2,511 | $334 | 0.9 mi |
C 5118 E SIERRA SUNSET Trail Sold | $1,080,000 | 3 | 3 | 2,864 | $377 | 0.4 mi |
D 5336 E GLORIA Lane Sold | $775,000 | 5 | 3 | 3,019 | $257 | 0.6 mi |
E 5822 E BRAMBLE BERRY Lane Sold | $830,000 | 4 | 3 | 2,476 | $335 | 0.5 mi |
F 6024 E BRAMBLE BERRY Lane Sold | $1,175,000 | 3 | 3 | 3,036 | $387 | 0.7 mi |
G 31320 N 54TH Place Sold | $1,250,000 | 3 | 3 | 3,500 | $357 | 0.7 mi |
H 5339 E LONESOME Trail Active | $849,000 List Price | 4 | 2 | 2,357 | $360 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002 but qualifies as Good due to significant recent maintenance and updates. Major systems have been addressed including dual A/C units and roof underlayment. The interior is move-in ready with updated granite countertops, stainless steel appliances, newer carpet, and well-maintained hardwood flooring.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11605, living area = 2738.
The home features significant capital improvements including new roof underlayment, dual A/C units, and a chef's kitchen with panoramic sliding doors, ensuring long-term value and move-in readiness.
Backing to a natural wash with no neighbors directly behind, the property offers a private backyard oasis complete with a pool, covered patio, and dedicated dog run.
Built in 2002, some original structural components or window efficiencies may not match the standards of newer luxury constructions in the Cave Creek area.
The property is subject to a $632 association fee within a gated community, which adds to the monthly carrying costs for the homeowner.
Located in a desirable gated community with low HOA dues, about 15 minutes from Desert Ridge and TSMC, this beautifully updated split 4-bedroom home offers exceptional indoor-outdoor living with tinted panoramic sliding glass doors that open to a private backyard featuring a pool, covered patio, dog run, and no homes directly behind for added privacy. Additional highlights include an RV gate, beverage center with ice maker and cooler, granite countertops, custom barn doors, and a versatile bonus room ideal for a home office or exercise space. Thoughtfully enhanced and competitively priced, this home offers the opportunity to enjoy many recent updates while adding your own style and finishing touches. Recent updates include the HVAC systems, hot water heater, and new roof underlayment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,738 | - |
| Lot Size | 11,605 | - |
| Price | $975.8K | $800.0K |
| Price per sq ft | $356 | $353 |
| Built year | 2002 | 0 |
| HOA | $632 | $0 |
| Days on market | 76 | 3149 |
Jul 19, 2026
$975,800
$999,777
-2% Price Drop
Initial Listing
Jun 15, 2026
$999,777
$1,028,500
-3% Price Drop
Initial Listing
May 7, 2026
$1,028,500
Initial Listing
May 10, 2002
$309,931
Public Record