
Cave Creek, AZ 85331
This Versatile Desert Retreat is a Strong Value Opportunity, listed at $819,000—positioned well below the $871,382 Fair Market Value by 6%. This valuation gap provides $52,382 in Instant Equity. Maintaining a Good Condition Rating, the home features a Granite Kitchen, a New Roof (2026), and New AC Units (2023). The property includes a Separate Guest Quarters and spectacular Black Mountain Views on a half-acre lot with No HOA. It is an ideal acquisition for Owner-Occupants seeking a house-hack or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6019 E BLUE RIDGE Drive Subject | $800,000* List Price | 3 | 3 | 2,494 | $354 | - |
A 6035 E BLUE RIDGE Drive Active | $815,000 List Price | 2 | 3 | 2,066 | $394 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1974, the home had a complete remodel in 2008 (18 years ago), falling within the 5-15+ year renovation window for 'Good'. The property is exceptionally well-maintained with major systems recently replaced, including HVAC and water heater (2023) and a new roof (2026). The kitchen and baths feature granite and stainless steel, remaining fully functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24000, living area = 2494.
The property includes a separate guest suite with its own entrance, living area, and full bathroom, providing excellent flexibility for multi-generational living, a home office, or potential rental income.
Major high-ticket items have been recently addressed, including a new roof (2026), two new AC units (2023), and a new water heater (2023), significantly reducing immediate maintenance concerns for a buyer.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2494, other record living area = 2444.
While the home was completely remodeled, the updates were completed in 2008; finishes such as cherry cabinets and specific granite styles may appear dated to buyers seeking modern 2024 aesthetics.
Despite the 2008 renovation and recent mechanical upgrades, the core structure dates back to 1974, which may present limitations in floor plan flow or older underlying infrastructure compared to newer builds.
HUGE PRICE REDUCTION!! LOWEST PRICED HOME IN Old Town Cave Creek!! Tucked away in the heart of Cave Creek, this Beautifully Updated Custom Home on over HALF ACRE LOT offers refined desert Living with Privacy and Character. A Dramatic Entry Courtyard leads into a Light-Filled Great Room with Soaring Vaulted Ceilings and an Open-Concept Design. The Chef's Kitchen features Cherry Cabinetry, Stainless Steel Appliances, Granite Countertops, a Wine Refrigerator and an Operable Skylight that brings in Natural Light. Enjoy seamless indoor-outdoor living with multiple spaces to take in stunning Sonoran Desert Views and Iconic Black Mountain. A Private Guest Suite with so Many Options and NO HOA!! A Private Guest Suite with separate entrance provides exceptional flexibility-ideal for Visitors, Multigenerational Living, Short Term Rentals or a Dedicated Office or Den. Also has Direct Garage Access. Just Moments from the Shops, Dining and Charm of Downtown Cave Creek! Large Lot is perfect for a Beautiful Pool! Recent Upgrades include new roof with Warranty in 2026, two new HVAC Systems in 2023 and new Water Heater in 2023.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,494 | 2,282 | 58% |
| Lot Size | 24,000 | 9,262.5 | 72% |
| Price | $800.0K | $502.5K | 72% |
| Price per sq ft | $321 | $272 | 64% |
| Built year | 1974 | 1999 | 3% |
| HOA | $0 | $78 | 23% |
| Days on market | 46 | 2644 | 1% |
May 31, 2026
$800,000
$819,000
-2% Price Drop
Initial Listing
Apr 21, 2026
$819,000
Initial Listing