
Cave Creek, AZ 85331
Analysis of 5638 E SKINNER Drive, Cave Creek, AZ 85331 is currently available with a list price of $1,800,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Cave Creek Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1987, this log-style home appears to be in mostly original condition. While the exterior is maintained, the property is nearly 40 years old with no record of major recent renovations to the kitchen, bathrooms, or major systems. The structure shows signs of age consistent with its era, and the high valuation is primarily attributed to the expansive 3-acre lot and mountain views rather than the modern quality of the residence.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 131108, living area = 2142.
Situated on over 3 acres (131,108 sqft), this property offers exceptional privacy and significant potential for equestrian use or further estate development.
The property boasts impressive mountain views, providing a quintessential Arizona desert backdrop that enhances the home's tranquility and market value.
The $1.8 million list price for a 2,142 sqft home built in 1987 represents a high price-per-foot valuation that may be difficult for some buyers to justify relative to the structure's age.
The two-bedroom configuration may limit the property's appeal to a narrower buyer pool, specifically excluding larger families or those requiring multiple guest rooms.
Exceptional opportunity in Cave Creek. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 9% |
| Baths | 2.0 | 3.0 | 39% |
| Square foot | 2,142 | 2,250 | 39% |
| Lot Size | 131,108 | 9,426 | 97% |
| Price | $1.80M | $590.0K | 97% |
| Price per sq ft | $840 | $291 | 99% |
| Built year | 1987 | 1999 | 11% |
| HOA | $0 | $78 | 24% |
| Days on market | 198 | 2381 | 10% |
Oct 6, 2025
$1,800,000
Initial Listing