5835 E LONE MOUNTAIN NORTH Road, Cave Creek, AZ 85331, Cave Creek, 85331 - 4 bed, 3 bath
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Cave Creek, AZ 85331
This Turnkey Equestrian Ranch is a Strong Value Opportunity, listed at $1,300,000—positioned well below the $1,320,690 Fair Market Value by 1.56%. This valuation gap offers $20,690 in Instant Equity. Featuring a Good Condition Rating, the home includes High-End Knotty Alder Cabinets, Quartz Counters, and a Professional-Grade Barn. With 2.25 Acres and direct trail access, this property provides a premier lifestyle for Equestrian Enthusiasts and Owner-Occupants seeking a move-in ready, private mountain-view sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5835 E LONE MOUNTAIN NORTH Road Subject | $1,200,000* List Price | 4 | 3 | 2,845 | $435 | - |
A 5898 E Chuckwalla Trail Active | $1,349,000 List Price | 4 | 3 | 3,560 | $379 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005 (21 years old), the property is in exceptionally well-maintained, move-in ready condition. The kitchen features high-end knotty alder cabinets and quartz countertops, and the home includes functional upgrades like ceramic tile throughout and a pristine epoxy garage floor. While technically over 20 years old, its 'like new' status and lack of needed repairs align it with the 'Good' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 98576, living area = 2845.
The property is a turnkey horse ranch featuring a high-end insulated barn with a misting system, a lighted corral, and direct access to riding trails, making it a premier choice for horse enthusiasts.
Includes a massive 15'x45' RV structure, providing rare and valuable covered storage for large motorhomes or recreational equipment without the restrictions of an HOA.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2845, other record living area = 2545.
The extensive specialized equestrian infrastructure and large 2.25-acre lot cater to a specific buyer profile, which may limit the pool of general residential interest.
Managing a multi-acre lot with specialized barn systems, misting equipment, and outdoor structures requires significant ongoing time and financial commitment for upkeep.
Horse Lovers Dream! 2.25 Acre Ranch, complete with a Barn, Corral and Paddock. The Corral is lighted. The Barn is High End with a Tack Room, Work Shop and 3 Stalls, all insulated and equipped with its own Misting System. Leading out to a huge Corral! Trails are right off the property. Also included is a huge R-V Structure (15'X45'). The 4BR 3BA Home is Like New and Move In Ready! It offers privacy, majestic mountain views and seclusion. Great room design with fireplace. Great Kitchen has Quartz counters and Knotty Alder wood cabinets. Romantic Primary Suite features a 3 way fireplace, 2 person Jacuzzi jet Tub, Walk in shower and large walk-in closets. Ceramic Tile flooring throughout. High end Speakers, amp and surround sound included. Your Equestrian Buyers will absolutely LOVE IT
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,845 | 2,282 | 66% |
| Lot Size | 98,576 | 9,262.5 | 96% |
| Price | $1.20M | $502.5K | 88% |
| Price per sq ft | $422 | $272 | 87% |
| Built year | 2005 | 1999 | 79% |
| HOA | $0 | $78 | 23% |
| Days on market | 29 | 2644 | 1% |
May 24, 2026
$1,200,000
$1,250,000
-4% Price Drop
Initial Listing
May 17, 2026
$1,250,000
$1,300,000
-4% Price Drop
Initial Listing
May 8, 2026
$1,300,000
Initial Listing