5911 E PEAK VIEW Road, Cave Creek, AZ 85331, Cave Creek, 85331 - 5 bed, 4 bath
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Cave Creek, AZ 85331
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $995,000—positioned well below the $1,086,231 Fair Market Value by 8%. This valuation gap provides $91,231 in Instant Equity for the buyer. Featuring a Condition Rating of 2 with extensive recent renovations, including new septic, flooring, and appliances, the home is move-in ready. The expansive 1.3-acre lot offers immense versatility for horses or a workshop. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, no-HOA lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5911 E PEAK VIEW Road Subject | $995,000* List Price | 5 | 4 | 3,475 | $313 | - |
A 6333 E Barwick Drive Sold | $824,900 List Price | 5 | 4 | 4,029 | 0.8 mi | |
B 6333 E BARWICK Drive Sold | $1,195,000 List Price | 5 | 4 | 4,070 | 0.8 mi | |
C 29720 N 64TH Street Sold | $938,000 | 4 | 3 | 3,063 | $306 | 0.8 mi |
D 28243 N 58TH Street Sold | $1,053,500 | 4 | 3 | 3,100 | $340 | 0.4 mi |
E 28232 N 58TH Street Active | $899,000 List Price | 3 | 2 | 2,592 | $347 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1983, the property has undergone extensive recent renovations including new flooring, appliances, septic system, water heaters, and fixtures. The interior shows modern finishes in the bathrooms and living areas, meeting the criteria for a high-quality renovation within the last 5 years.
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.
With a recent appraisal exceeding $1.2 million and a list price of $995,000, this property offers substantial built-in value and immediate equity for the buyer.
The home is move-in ready with extensive updates including a new septic system, flooring, appliances, water heaters, and fixtures, minimizing post-purchase maintenance costs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Despite modern interior updates, the 1983 construction may still feature some original architectural limitations or older structural components compared to contemporary builds.
The property's location nearly 10 miles from the 101 freeway and downtown Cave Creek may be perceived as too remote for buyers requiring quick access to urban centers.
December of 25 appraised for over $1.2 million. Move in ready home. New septic, flooring, appliances, water heaters, paint, outlets, fixtures and more. 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. Potential pool house with water and electricity near the back of his expansive property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.5 | 90% |
| Baths | 4.0 | 3.0 | 81% |
| Square foot | 3,475 | 2,282 | 86% |
| Lot Size | 58,272 | 9,262.5 | 90% |
| Price | $995.0K | $502.5K | 85% |
| Price per sq ft | $286 | $272 | 52% |
| Built year | 1983 | 1999 | 5% |
| HOA | $0 | $78 | 23% |
| Days on market | 20 | 2645 | 1% |
May 18, 2026
$995,000
Initial Listing