
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 | $2,220,000* List Price | 5 | 5 | 4,358 | $538 | - |
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.
Stunning mountain view home in Cave Creek featuring a beautiful stone entry that leads to a striking wrought iron and glass front door. Inside, you'll find a bright, open living area with a cozy fireplace and three French doors that seamlessly connect to the sparkling pool, creating the perfect indoor-outdoor living experience. The home offers a formal dining area and a chef's kitchen complete with granite countertops, a 6-burner gas stove with pot filler and professional hood, built-in stainless steel refrigerator, and a large island with prep sink and temperature-controlled wine cellar. In addition to the main residence, the property includes a private casita--perfect for guests, a home office, or multigenerational living. The luxurious primary suite boasts its own fireplace, breathtaking mountain views, and private patio access, along with a spa-like bath featuring a soaking tub, separate shower, dual vanities, and a spacious walk-in closet. The backyard is a true oasis with an extended paver patio, beautiful pool, and hot tub--all set against stunning mountain views. Additional upgrades include new lighting and ceiling fans (2023), updated landscape lighting (2023), new irrigation and water lines front and back (2023), fresh exterior paint and stucco (2023), updated pool and spa WiFi controls (2025), new pool/spa electrical wiring and LED lighting (2026), and epoxy garage flooring (2026). This home is designed to truly enjoy the Arizona 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 | 5.0 | 3.0 | 97% |
| Square foot | 4,358 | 2,250 | 97% |
| Lot Size | 78,319 | 9,426 | 93% |
| Price | $2.22M | $590.0K | 98% |
| Price per sq ft | $509 | $291 | 94% |
| Built year | 2005 | 1999 | 76% |
| HOA | $200 | $78 | 81% |
| Days on market | 33 | 2381 | 1% |
Mar 20, 2026
$2,220,000
Initial Listing