5727 E CANYON RIDGE NORTH Drive, Cave Creek, AZ 85331, Cave Creek, 85331 - 5 bed, 5 bath
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Cave Creek, AZ 85331
This Luxury Mountain View Estate is a Strong Value Opportunity, listed at $2,220,000—positioned well below the $2,343,771 Fair Market Value by 5%. This valuation gap offers $123,771 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the residence features a professional chef’s kitchen, a private guest casita, and a resort-style backyard with a pool and spa overlooking the Sonoran Desert. Extensive 2023-2026 upgrades ensure a turnkey experience in the prestigious Canyon Ridge Estates. This is an exceptional acquisition for Owner-Occupants or Luxury Lifestyle Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5727 E CANYON RIDGE NORTH Drive Subject | $2,150,000* List Price | 5 | 5 | 4,358 | $541 | - |
A 36092 N SUMMIT Drive Active | $2,395,000 List Price | 4 | 5 | 3,969 | $603 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and has been exceptionally well-maintained. Built in 2005, it falls within the 10-20 year age bracket for a 'good' rating, supplemented by significant recent capital improvements between 2023 and 2026, including new lighting, exterior paint, and modernized pool systems. The kitchen features high-end professional-grade appliances and granite countertops, and the bathrooms are described as spa-like, meeting luxury standards without requiring immediate renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 78319, living area = 4358.
The property features breathtaking mountain views and a resort-style backyard with a pool, hot tub, and seamless indoor-outdoor flow via multiple French doors, perfect for the Arizona lifestyle.
A separate, private casita offers exceptional versatility, providing an ideal space for multigenerational living, a secluded home office, or high-end guest accommodations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4358, other record living area = 3898.
While many cosmetic and pool updates are complete, the 2005 construction year suggests that major core systems like HVAC units or the roof may be approaching the end of their typical service life.
The expansive 1.8-acre lot and luxury amenities, including the pool and temperature-controlled wine cellar, require substantial ongoing maintenance and higher-than-average utility costs.
WOW!! SELLER OFFERING $100K CREDIT FOR ANY DESIRED MODIFICATIONS! Stunning Black Mountain views from this custom 5BD, 4.5BA home with Casita in Cave Creek, featuring a Viking iron automated driveway gate, paver stone driveway, and gated courtyard leading to striking wrought iron and glass entry doors. Perfectly positioned away from street noise and offering direct backyard access to Cave Creek Regional Park trails. Inside, enjoy 10' alder wood doors and cabinetry throughout, timeless travertine flooring in main living areas, and wood-like ceramic flooring in bedrooms. The dramatic rotunda living room showcases a 25' ceiling, cozy fireplace, and three French doors that open seamlessly to the 800 sq ft covered travertine patio and paver courtyard. The resort-style backyard features a sparkling pool with waterfall spa, creating an ideal indoor-outdoor living experience. The private casita, accessible from the courtyard, is perfect for guests, a home office, or multigenerational living. The home also offers a formal dining area with bar and pantry adjacent to a gourmet chef's kitchen complete with a 7' granite island and vegetable sink, Wolf 6-burner gas stove with griddle, grill and pot filler, professional hood, Sub-Zero stainless steel refrigerator, RO water system connected to Sub-Zero ice maker, and a temperature-controlled wine cellar. The luxurious primary suite features its own fireplace, breathtaking pool and mountain views, patio access, and a built-in BBQ. The spa-like bath includes a soaking tub, separate rain shower, dual granite vanities, bidet, and spacious walk-in closet. Additional features include a newly finished epoxy 1,285 sq ft garage with ample storage. Major updates include: new tile and flat roofs (2024), Bosch dishwasher and water heater (2021), RO system (2025), ceramic wood plank flooring (2022), new paint, lighting, and ceiling fans (2025), landscape lighting (2023), patio sunshade (2021), irrigation and water lines front and back (2023), fresh exterior paint and stucco (2023), iAquaLink-controlled pool/spa system (2025), new pool/spa electrical and LED lighting (2026), new spa pump (2025), all plumbing valves and faucets replaced (2025), and new epoxy garage flooring (2026). This smart home is wired with hardwired and WiFi Ring cameras, a customer-owned security system, fire sprinklers, and sits on 1.86 acres of mature landscaping just minutes from Cave Creek amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.5 | 90% |
| Baths | 5.0 | 3.0 | 96% |
| Square foot | 4,358 | 2,282 | 96% |
| Lot Size | 78,319 | 9,262.5 | 94% |
| Price | $2.15M | $502.5K | 98% |
| Price per sq ft | $493 | $272 | 94% |
| Built year | 2005 | 1999 | 79% |
| HOA | $200 | $78 | 82% |
| Days on market | 79 | 2645 | 1% |
May 10, 2026
$2,150,000
$2,220,000
-3% Price Drop
Initial Listing
Mar 20, 2026
$2,220,000
Initial Listing