
Cave Creek, AZ 85331
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $919,900—positioned above the $835,768 Fair Market Value by 10%. While currently priced for the market, the property features a Fair Condition Rating and significant value-add potential through cosmetic modernization of the kitchen and baths. Highlights include a private cul-de-sac lot, resort-style pool, and expansive desert views. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build long-term equity in a gated Cave Creek community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5559 E SIERRA SUNSET Trail Subject | $869,000* List Price | 3 | 3 | 2,879 | $302 | - |
A 5118 E SIERRA SUNSET Trail Sold | $1,080,000 | 3 | 3 | 2,864 | $377 | 0.5 mi |
B 5118 E SIERRA SUNSET Trail Sold | $1,080,000 | 3 | 3 | 2,864 | $377 | 0.5 mi |
C 5336 E GLORIA Lane Sold | $775,000 | 5 | 3 | 3,019 | $257 | 0.5 mi |
D 5407 E LONESOME Trail Active | $975,800 List Price | 4 | 3 | 2,738 | $356 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001 (23 years old), the property is well-maintained but remains largely in original condition. The kitchen features dated oak cabinetry and tile countertops, and the overall aesthetic reflects its 20+ year age without significant modern renovations, placing it in the fair category.
Situated on a private end-lot within a cul-de-sac, the property offers exceptional privacy with no neighbors on two sides and unobstructed desert views through view fencing.
The 2,864 sqft layout features a desirable split-wing design with soaring ceilings, an ensuite guest room, and a flexible den that easily converts to a fourth bedroom.
The outdoor space is fully equipped for Arizona living, featuring a play pool, built-in BBQ, beehive fireplace, and an elevated deck to enjoy the natural landscape.
With 52 days on the market, the property may be facing pricing resistance or a slower absorption rate compared to more recent listings in the gated community.
Built in 2001, the home may require cosmetic modernizing in the kitchen and bathrooms to meet the expectations of contemporary buyers at this price point.
Private end-lot on a ''no outlet'' cul-de-sac with desert views! Soaring ceilings & terrific split floor plan offers extra privacy, with a primary suite on one side and a second ensuite bed/bath on the other side - perfect guest room. Three whole bedrooms and 3 full baths PLUS a den/office w/closet (convertible to 4th bedroom). Primary suite features double sinks, soaking tub, separate shower, and large walk-in closet. Spacious eat-in kitchen w/ island overlooks generous family room featuring gas fireplace. Backyard with pool (replaced pool pump 13 mo ago), cozy beehive fireplace, built-in BBQ, and elevated deck play pool. View fencing allows for expansive natural desert views with no neighbors behind or to one side. Great opportunity to buy in this desirable gated community. Located just minutes to top-notch shopping, hiking, dining and golf. And only 5 minutes to the quaint towns of Cave Creek and Carefree! Wow!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,879 | - |
| Lot Size | 10,800 | - |
| Price | $869.0K | $800.0K |
| Price per sq ft | $302 | $353 |
| Built year | 2001 | 0 |
| HOA | $632 | $0 |
| Days on market | 93 | 3149 |
Jul 22, 2026
$869,000
$889,900
-2% Price Drop
Initial Listing
Jul 2, 2026
$889,900
$919,900
-3% Price Drop
Initial Listing
Apr 20, 2026
$919,900
Initial Listing
Jan 31, 2002
$334,639
Public Record