
Cave Creek, AZ 85331
This Spacious County Island Estate is a Prime Investment Opportunity, listed at $1,095,000—positioned well below the $1,132,678 Fair Market Value by 3%. This valuation gap offers $37,678 in Instant Equity, further supported by a recent appraisal exceeding $1.2M. The home holds a Good Condition Rating, featuring a renovated granite kitchen with Thor appliances and a functional 3,475-square-foot layout. With No HOA on 1.3+ acres, the property supports horses, workshops, or livestock. This is an ideal acquisition for Owner-Occupants or Lifestyle Buyers seeking versatile acreage.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5911 E PEAK VIEW Road Subject | $1,050,000* List Price | 5 | 4 | 3,475 | $289 | - |
A 6333 E BARWICK Drive Sold | $1,195,000 List Price | 5 | 4 | 4,070 | 0.8 mi | |
B 29720 N 64TH Street Sold | $938,000 | 4 | 3 | 3,063 | $306 | 0.8 mi |
C 28407 N 63RD Street Sold | $940,000 | 4 | 3 | 3,362 | $280 | 0.6 mi |
D 28243 N 58TH Street Sold | $1,053,500 | 4 | 3 | 3,100 | $340 | 0.4 mi |
E 28432 N 57TH Street Sold | $750,000 List Price | 3 | 3 | 2,440 | 0.4 mi | |
F 6032 E Skinner Drive Active | $1,015,000 List Price | 4 | 2 | 2,667 | $381 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features a high-end renovated kitchen with stainless steel Thor appliances, granite countertops, and updated cabinetry. Although built in 1983, the interior shows significant updates including modern tile flooring, recessed lighting, and a large enclosed patio. It meets the 'good' criteria as a well-maintained home with major systems functional and key areas updated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 58272, living area = 3475.
The property is listed at $1.095M despite a recent appraisal exceeding $1.2M, offering a significant value proposition and immediate equity for the buyer.
Situated on a 1.3+ acre 'County Island' lot with no HOA restrictions, the flat land provides rare freedom for horses, livestock, or the addition of a large workshop or pool.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1983, the home may require future capital expenditures for aging major systems or cosmetic updates to meet modern luxury standards.
The listing indicates the home will be removed from the market very shortly, creating a high-pressure timeline that may restrict thorough buyer due diligence.
This home is leaving the market next week. Recently appraised for over $1.2. Move in ready home. 5 large bedrooms, 4 bath. Formal dining room plus a in kitchen dining area. Located under 10 miles from both the 101 and downtown cave creek. This county island property is located on a paved road with flat land that has room for chickens, horses, large pool, and a shop. Huge enclosed patio off the back of the house and another off the main bedroom.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 4.0 | 3.0 | 84% |
| Square foot | 3,475 | 2,282 | 87% |
| Lot Size | 58,272 | 9,335.5 | 91% |
| Price | $1.05M | $590.0K | 84% |
| Price per sq ft | $302 | $290 | 54% |
| Built year | 1983 | 1999 | 8% |
| HOA | $0 | $78 | 24% |
| Days on market | 28 | 2376 | 1% |
Apr 16, 2026
$1,050,000
$1,095,000
-4% Price Drop
Initial Listing
Mar 25, 2026
$1,095,000
Initial Listing