5578 E BUTTE CANYON Drive, Cave Creek, AZ 85331, Cave Creek, 85331 - 5 bed, 7 bath
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Cave Creek, AZ 85331
This Extraordinary Spanish Estate is listed at $3,300,000, offering price stability aligned with its $3,289,890 Fair Market Value. Boasting a Good Condition Rating, this turnkey residence features a Chef’s Kitchen with Wolf and Sub-Zero appliances and a heated negative-edge saltwater pool. The expansive 1.92-acre lot provides exceptional privacy with panoramic mountain views, a rooftop deck, and a detached luxury casita. Located in prestigious Canyon Ridge Estates, this property delivers a refined desert lifestyle. It is an ideal match for luxury homebuyers or seasonal residents seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5578 E BUTTE CANYON Drive Subject | $2,999,990* List Price | 5 | 7 | 4,184 | $703 | - |
A 5727 E CANYON RIDGE NORTH Drive Active | $2,220,000 List Price | 5 | 5 | 4,358 | $509 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004, this luxury estate is in turnkey condition and fits the 10-20 year age bracket for a 'good' rating. The home features high-end finishes including professional-grade Wolf and Sub-Zero appliances, custom alder cabinetry, and Rain Forest Granite in the kitchen. The interior showcases well-maintained architectural details like exposed wood beam vigas and handcrafted tile. While the style is 'Old World' rather than modern, the property is move-in ready with no immediate renovations required and major systems appear well-maintained.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 83670, living area = 4184.
Situated on a premium 1.92-acre cul-de-sac lot backing directly to a mountain preserve, the property offers exceptional privacy and panoramic views of Black Mountain and city lights.
The estate features a heated negative-edge saltwater pool, a rooftop sunset deck, and a fully equipped 517 sq. ft. detached casita, providing a comprehensive luxury lifestyle for entertaining.
Built in 2004, the property may soon require updates to major systems such as HVAC or roofing to maintain peak efficiency and meet modern standards.
The expansive 1.92-acre desert lot and complex outdoor features, including the negative-edge pool and multiple fireplaces, demand significant ongoing maintenance and higher utility costs.
Truly one-of-a-kind! This extraordinary Spanish Estate delivers exceptional Privacy and Peaceful Desert Elegance! Perfectly nestled against the Mountain Preserve on a Premium 1.92-Acre cul-de-sac lot in prestigious Canyon Ridge Estates! Wake up to breathtaking Black Mountain views and end each day with unforgettable Arizona sunsets. This timeless Estate blends authentic Craftsmanship with refined, Functional Luxury, a Rare Turnkey Opportunity in the heart of Cave Creek! The 4,184 sq ft Main Residence and 517 sq ft Detached Casita showcase classic Old World architecture paired with modern comfort. A pavered circular drive leads to a private courtyard surrounded by mature desert landscaping and a warm, inviting outdoor fireplace. Inside, exposed wood beam vigas, custom alder cabinetry, Rain Forest Granite, and handcrafted tile details create rich character and warmth. The Chef's kitchen is designed to impress with Wolf, Sub-Zero, and Fisher & Paykel appliances, oversized island, café dining, and breakfast bar - ideal for entertaining! The Owner's Retreat is pure serenity, featuring a fireplace, sitting area, and stunning custom barrel ceiling. Three additional ensuite guest rooms offer comfort and privacy, while the detached casita provides flexible luxury living with fireplace, kitchenette, living area, walk-in closet, and custom bath. Step outside to your private resort sanctuary backing to saguaro-dotted mountains, fruit trees, beautiful landscapes. Enjoy a heated negative-edge saltwater pool and spa, multiple lounge areas, dual fireplaces, built-in BBQ, pool bath, and spiral staircase leading to a rooftop deck capturing glowing crimson sunsets and sparkling city lights! This is not just a home -- it is an elevated desert lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 7.0 | 3.0 | 99% |
| Square foot | 4,184 | 2,250 | 96% |
| Lot Size | 83,670 | 9,426 | 93% |
| Price | $3.00M | $590.0K | 99% |
| Price per sq ft | $717 | $291 | 98% |
| Built year | 2004 | 1999 | 75% |
| HOA | $200 | $78 | 81% |
| Days on market | 54 | 2381 | 1% |
Apr 16, 2026
$2,999,990
$3,300,000
-9% Price Drop
Initial Listing
Feb 27, 2026
$3,300,000
Initial Listing