5938 E WINDSTONE Trail, Cave Creek, AZ 85331, Cave Creek, 85331 - 6 bed, 5 bath
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Cave Creek, AZ 85331
This Custom Santa Fe-Style Estate is a High-Potential Investment Opportunity listed at $1,325,000, which aligns with its $1,318,193 Fair Market Value. Featuring a Fair Condition Rating, the property serves as a significant Value-Add Asset with substantial upside potential through modernizing its original 2001 finishes. The 1.1-acre lot includes a 1,736 SF Attached Casita, Resort-Style Pool, and Mountain Views, offering rare multi-generational utility and horse privileges. This estate is an ideal acquisition for Fix-and-Flip Investors or Multi-Generational Families seeking a customizable desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5938 E WINDSTONE Trail Subject | $1,199,000* List Price | 6 | 5 | 4,555 | $267 | - |
A 30020 N 63RD Street Active | $1,499,000 List Price | 5 | 5 | 5,096 | $294 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 2001 and appears to retain most of its original finishes, which are now over 20 years old. While the home is well-maintained and functional, the interior features—such as the tiled bathroom countertops, oak-style cabinetry, and standard builder-grade light fixtures—are dated. The listing description explicitly markets the property as a 'value-add opportunity' and suggests modernizing finishes to increase value, which aligns with the 'Fair' condition rating for a home that is aged but functional.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 48510, living area = 4555.
The property features a substantial 1,736 SF attached casita with its own private entrance, backyard, and garage, providing excellent potential for rental income or guest accommodations.
Situated on a 1.1-acre lot with horse privileges and a 4-car garage, this estate offers rare flexibility for livestock, work trucks, and recreational toys.
The property is positioned as an investment opportunity needing modernization, implying that the current interior finishes are dated and require immediate capital expenditure.
The expansive 1.1-acre lot, large resort-style pool, and multiple structures will demand significant ongoing maintenance and higher utility costs compared to standard residential lots.
ATTENTION INVESTORS! AMAZING INVESTMENT & VALUE-ADD OPPORTUNITY! This expansive Santa Fe-style custom home on 1.1 acres designed for multi-generational living, & equestrian use. Main House 4BD 3BA 2,819 SF Attached Casita 2BD 2BA 1,736 SF w/private entrance, Full Kitchen & its own private backyard w/1-car garage. 4-car total garages ideal for work trucks or trailers w/horses. huge, resort-style pool, patios & room to expand. The main home w/open-concept great room w/high ceilings & natural light. Spacious kitchen, ideal for entertaining, Split floor plan for privacy between primary suite & guest rooms. Opportunity to modernize finishes & dramatically increase value! Attached Casita (Next-Gen Living) Perfect for extended family, Rental income, Private guest home, office or business
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 97% |
| Baths | 5.0 | 3.0 | 97% |
| Square foot | 4,555 | 2,282 | 99% |
| Lot Size | 48,510 | 9,335.5 | 84% |
| Price | $1.20M | $590.0K | 89% |
| Price per sq ft | $263 | $289 | 42% |
| Built year | 2001 | 1999 | 61% |
| HOA | $0 | $78 | 24% |
| Days on market | 32 | 2376 | 1% |
Apr 19, 2026
$1,199,000
$1,325,000
-10% Price Drop
Initial Listing
Mar 21, 2026
$1,325,000
Initial Listing