5418 E YOLANTHA Street, Cave Creek, AZ 85331, Cave Creek, 85331 - 5 bed, 4 bath
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Cave Creek, AZ 85331
This Versatile Income-Generating Property is a Strong Value Opportunity, listed at $1,000,000—positioned well below the $988,010 Fair Market Value by -1.2%. Featuring a Mint Condition Rating, this 1.1-acre estate includes a 3-bed main home and an 816 sq ft attached casita with active STR/LTR permits. With epic Black Mountain views, a Viking spa, and recent 2023 HVAC upgrades, the property offers immediate turnkey utility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility, income-producing desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5418 E YOLANTHA Street Subject | $1,000,000* List Price | 5 | 4 | 2,816 | $363 | - |
A 5537 E YOLANTHA Street Pending | $700,000 List Price | 5 | 3 | 2,550 | $275 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1976, the property has undergone extensive renovations within the last 5 years, including a 2020 primary bath remodel, an updated kitchen with quartz countertops, and new HVAC systems in 2023. With major systems like the septic and windows also recently replaced, the home is in mint condition and move-in ready.
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 an attached 816 sq ft 2-bedroom casita with sub-metered electric and active STR/LTR permits, offering turnkey rental income or multi-generational living options.
Significant capital improvements including new A/C units (2023), a new septic system (2020), and updated windows and doors minimize immediate maintenance concerns for the buyer.
Originally built in 1976, the property may still possess some structural elements or architectural styles that feel dated compared to modern luxury builds in the Cave Creek area.
The guest house is an attached casita rather than a detached dwelling, which may slightly limit privacy for owners or tenants seeking a completely separate living experience.
Two homes in one on 1.1+ acres with epic Black Mountain views, privacy, and income potential. Main home ~2000 sq ft 3 bed / 2.5 bath Main home with central HVAC, updated kitchen with quartz countertops and KitchenAid appliances; livingroom with gas fireplace, bay window seating, and views of desert landscape; dining room and large paver patio with outdoor dining area, string lighting, BBQ, Viking spa and Black Mountain views. Large primary bedroom with renovated primary bathroom (2020) and large walk-in closet with in-unit laundry. Attached ~816 sq ft 2 bed/1 bath casita ADU with full kitchen, private patio/BBQ, and sub-metered electric. Paver deck with covered patio. RV parking with full hookups, new septic (2020), new A/Cs (2023), updated windows/doors, driveway gate (2023), and privacy fencing. Registered STR + LTR permits and no rental restrictions under current approvals. About 0.8 mi to YMCA (Olympic pool), ~0.5 mi to Sprouts, Walmart Supercenter, Lowes, Starbuck's, Desert Hills Brewing Co, Toy Barn Dove Valley, Carefree Quarter & ALDI ~3 mi to Cave Creek strip, Boulders Golf Club, AJ's Fine Foods, North Scottsdale & Carefree, ~10 mi to Mayo Clinic. A rare chance to live, invest, and generate income on one property--schedule your showing today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,816 | - |
| Lot Size | 51,256 | - |
| Price | $1.00M | $800.0K |
| Price per sq ft | $355 | $353 |
| Built year | 1976 | 0 |
| HOA | $0 | $0 |
| Days on market | 41 | 3149 |
Jun 11, 2026
$1,000,000
Initial Listing