5435 E TAPEKIM Road, Cave Creek, AZ 85331, Cave Creek, 85331 - 5 bed, 5 bath
Loading property details...
Cave Creek, AZ 85331
This Versatile Multi-Generational Estate is a Strong Value Opportunity, listed at $1,300,000—positioned well below the $1,368,490 Fair Market Value by 5%. This valuation gap provides $68,490 in Instant Equity. Maintaining a Condition Score of 3, the property features a 700 sqft guest house, a detached 4-car RV garage, and mountain views on a 1.09-acre lot. With new LVP flooring and updated HVAC, it offers immediate utility and lifestyle flexibility. This is an ideal acquisition for Multi-Generational Families or Owner-Occupants seeking a high-utility desert sanctuary.
Property is move-in ready.
The property is move-in ready and has been recently refreshed with new luxury vinyl plank (LVP) flooring, fresh interior and exterior paint, and updated major systems including the AC, gas heat, and hot water heater. While the kitchen cabinetry and some bathroom tiles appear to be original to the 2004 construction, they are well-maintained and complemented by modern stainless steel appliances and recessed lighting. The home shows minimal wear and tear, and the addition of a fully self-contained guest house and high-clearance detached garage adds significant value and utility.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47618, living area = 4400.
The property features a fully self-contained 700 sq ft guest house and dual primary suites in the main residence, offering rare flexibility for extended family or rental opportunities.
A detached 4-car garage with 15-foot clearance, RV hookups, and capacity for up to seven vehicles provides unmatched utility for car enthusiasts and travelers.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4400, other record living area = 3713.
While the lot offers immense potential, the backyard currently requires significant additional investment and landscaping to complete the outdoor living space and pool.
Managing over an acre of desert land along with multiple structures and updated systems will demand higher ongoing maintenance effort and costs from the owner.
GUEST HOUSE ALERT! This has it all--space, privacy, and endless possibility set on over an acre in Cave Creek with NO HOA. Horses welcome! The main residence spans 3700 sq ft, offering 5 bedrooms, 4.5 bathrooms, a loft, and dual primary suites designed for comfort, flexibility, and multi-generational living. Tucked away on the property, a 700 sq ft fully self-contained guest house with its own kitchen, bath, and laundry creates the perfect setup for guests, income potential, or a private studio. Expansive living areas flow effortlessly outdoors, where the beauty of the desert becomes part of everyday life. Car enthusiasts' dream detached 4-car garage with 15-ft clearance, RV hookups, and room for up to 7 vehicles delivers function and wow factor. Build the backyard of your heart's desire! Detached Garage can accommodate 2 car lifts allowing parking for seven or more vehicles in total. A welcoming horseshoe driveway enhances both convenience and curb appeal. Inside, the home has been beautifully refreshed with new interior and exterior paint, new LVP flooring, and updated systems including AC, gas heat, a new hot water heater, soft water system, and gas washer and dryer connections. The generous lot provides room to spread out and enjoy Cave Creek's open desert lifestyle, with plans available for a future pool to complete your outdoor oasis. Combining modern updates, multigenerational flexibility, and unmatched garage and RV capacity, this one of a kind property delivers space, functionality, and freedom in a highly desirable setting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 5.0 | 3.0 | 97% |
| Square foot | 4,400 | 2,250 | 97% |
| Lot Size | 47,618 | 9,426 | 84% |
| Price | $1.30M | $590.0K | 90% |
| Price per sq ft | $295 | $291 | 51% |
| Built year | 2004 | 1999 | 75% |
| HOA | $0 | $78 | 24% |
| Days on market | 59 | 2381 | 1% |
Feb 22, 2026
$1,300,000
Initial Listing