5438 E PRICKLEY PEAR Road, Cave Creek, AZ 85331, Cave Creek, 85331 - 4 bed, 5 bath
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Cave Creek, AZ 85331
This Luxury Desert Retreat is a Strong Value Opportunity, listed at $2,499,999—positioned well below the $2,547,754 Fair Market Value by 2%. This valuation gap offers $47,755 in Instant Equity. Featuring an Excellent Condition Rating, this home includes a 20ft retractable glass wall, heated pool/spa, and advanced GI smart home systems. With a proven track record as a successful short-term rental, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-end lifestyle sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5438 E PRICKLEY PEAR Road Subject | $2,499,999* List Price | 4 | 5 | 3,998 | $637 | - |
A 36092 N SUMMIT Drive Active | $2,395,000 List Price | 4 | 5 | 3,969 | $603 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004 (22 years old), this luxury custom home is exceptionally well-maintained and move-in ready. Despite being slightly over the 20-year mark, the high-end finishes, gourmet kitchen, and advanced smart home systems (GI panels) keep it in superior condition compared to typical properties of this age. The property features premium upgrades like a climate-controlled garage and automated glass walls with no visible deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 48259, living area = 3998.
The 20-foot automated retractable glass wall creates a fluid transition to a resort-style backyard featuring a heated pool, spa, and outdoor kitchen, perfectly capturing the Arizona lifestyle.
Originally commissioned for a tech executive, the property features sophisticated GI panels for comprehensive control over lighting, climate, and security, alongside a private theater and climate-controlled garage.
Built in 2004, certain high-end elements like travertine flooring and custom cabinetry may feel dated to modern buyers seeking the latest contemporary design trends.
The combination of an expansive 1.1-acre desert lot, heated pool, and complex integrated technology systems suggests significant ongoing utility and upkeep expenses.
Luxury desert retreat on over an acre in Cave Creek with stunning mountain views. This custom home features a split floor plan with 4 ensuite bedrooms, spacious living areas, and high-end finishes throughout. Gourmet kitchen opens to great room, perfect for entertaining. Automated retractable glass wall creates seamless indoor/outdoor living to an oversized covered patio. Resort-style backyard includes heated pool, spa, outdoor kitchen, and multiple seating areas. Primary suite offers spa-like bath with soaking tub and dual walk-in closets. Additional highlights include smart home system, private theater, travertine flooring, custom cabinetry, and 3-car climate-controlled garage. Premium homesite offering privacy and breathtaking Sonoran Desert surroundings. This is the perfect spot for an AirB&B which it has been used for the past 3 years and is very successful. Home was originally built for a Microsoft exec, so the home has GI panels controlling the lighting, shades, climate, media & security. You will fall in love with the 20ft. Livingroom window wall door opening up to your backyard sanctuary to include an outdoor kitchen! So much more-You don't want to miss this one!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 5.0 | 3.0 | 96% |
| Square foot | 3,998 | 2,282 | 89% |
| Lot Size | 48,259 | 9,262.5 | 86% |
| Price | $2.50M | $502.5K | 98% |
| Price per sq ft | $625 | $272 | 97% |
| Built year | 2004 | 1999 | 77% |
| HOA | $300 | $78 | 91% |
| Days on market | 52 | 2645 | 1% |
Apr 16, 2026
$2,499,999
Initial Listing