5418 E YOLANTHA Street, Cave Creek, AZ 85331, Cave Creek, 85331 - 5 bed, 4 bath
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Cave Creek, AZ 85331
This Income-Producing Desert Estate is listed at $1,195,000, representing a stable acquisition aligned with its Excellent Condition Rating. Positioned near the $1,124,821 Fair Market Value, the property delivers a $71,600 annual NOI through three revenue streams: a main house, a leased casita, and an RV hookup. Featuring Black Mountain views, a Private Spa, and a 1.18-acre lot, the estate boasts new A/Cs (2023) and No HOA restrictions near local dining. This turnkey asset is a premier choice for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5418 E YOLANTHA Street Subject | $1,195,000* List Price | 5 | 4 | 2,816 | $399 | - |
A 5431 E Olesen Road Sold | $1,100,000 | 4 | 3 | 2,810 | $391 | 0.1 mi |
B 33400 N 56TH Street Active Under Contract | $1,185,000 List Price | 3 | 3 | 2,616 | $453 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1976, the property has undergone extensive recent renovations that meet the 'excellent' criteria. Major systems are nearly new, including A/C units (2023), septic system (2020), and updated windows and doors. The interior features high-end KitchenAid appliances, quartz countertops, and fully modernized bathrooms with contemporary vanities and fixtures, showing 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 = 51256, living area = 2816.
The property features three distinct revenue streams—a main house, a leased casita, and an RV hookup—delivering a strong 5.99% CAP rate and over $71K in annual NOI.
The property boasts major recent upgrades including new A/C units (2023), a new septic system (2020), and updated windows and doors, minimizing immediate capital expenditures.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Originally constructed in 1976, the property may still possess some aging components typical of a 50-year-old home despite the extensive recent renovations.
While the property includes a private spa, the lack of a full-sized swimming pool could be a competitive disadvantage for certain short-term rental guests or buyers in the Arizona market.
INCOME DUPLEX ON 1.18 ACRES - CAVE CREEK,5418 E YOLANTHA ST | CAVE CREEK, AZ 85331,Prime income play on ultra-quiet, paved Yolantha St cul-de-sac - same size lot as $1M pending neighbor (5428 E Yolantha, 5 DOM),3 INCOME STREAMS = $71.6K NOI (5.99% CAP).Casita Lease: $2,500/mo + utils (thru Nov 2026 - tenant vacates free),Main House FLEX: $3,250/mo LTR ($39K/yr stable) OR $3,250-$6,600/mo STR ($39K-$79K/yr),RV Spot Bonus: $1,200/mo x 4 mos = $4,800/yr (full hookups - Electric, Water & Septic).NO POOL? NO PROBLEM - Private spa + 0.8 mi YMCA Olympic pool = $15K/yr saved vs. pool upkeep.Occupancy: Casita leased FT; Main vacant, STR-ready),No HOA!!! Zoning: DR-43 (ADU upside).MAIN HOUSE (~2,000 SF | 3BR/2.5BA):KitchenAid Appliances, Gas Range w/ Double-Oven, Quartz Counters, Double Bar Seating ,Gas Fireplace, Paver Deck with Viking Spa, Covered Patio, Black Mountain Views,Master w/ Glass Shower, Qalk-in Closet w/ In-Unit Laundry.Upstairs: 2 more BR + full bath (shower/tub).CASITA (~816 SF | 2BR/1BA):Full kitchen (SS, gas range, island cart),Electric fireplace, HDTV, W/D in-unit,Private covered patio + BBQ.RV HOOKUP:Full Hookups! Water/Septic/30amp Electric;$4,800/yr seasonal income (Oct-Apr).INFRASTRUCTURE:City Water: No well risk reliable supply!New septic (2020): No sewer~$600/yr saved,New A/Cs (2023), New windows/doors, Electric sub-meter,Driveway gate (2023),Privacy Fencing,Registered STR + LTR permits (no rental restrictions!)LOCATION GOLD:0.8 mi YMCA (Olympic pool); 1 mi Sprouts, Walmart, ALDI (2026); 3 mi Cave Creek Strip, Golf Resorts;~10 mi Mayo Clinic.NEARBY COMPS:5428 E Yolantha: $1M list, pending 5 DOM (same lot, SFH only);5408 E Yolantha: $1.1M, sold (Jul 2025);This offering = same lot size + $71K+ NOI!
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 | 2,816 | 2,250 | 69% |
| Lot Size | 51,256 | 9,426 | 88% |
| Price | $1.20M | $590.0K | 89% |
| Price per sq ft | $424 | $291 | 86% |
| Built year | 1976 | 1999 | 4% |
| HOA | $0 | $78 | 24% |
| Days on market | 161 | 2382 | 3% |
Nov 13, 2025
$1,195,000
Initial Listing