
Cave Creek, AZ 85331
This Territorial Remodel is a Strong Value Opportunity, listed at $850,000—positioned well below the $948,253 Fair Market Value by 10%. This valuation gap offers $98,253 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the property features authentic Viga beams, mountain views, and an expansive 1.25-acre lot equipped with horse facilities and rare city water access. With no HOA, the land offers maximum flexibility for equestrian use or rental ventures. This is an ideal acquisition for Owner-Occupants or Short-Term Rental Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6032 E DUANE Lane Subject | $850,000* List Price | 3 | 2 | 2,279 | $416 | - |
A 29720 N 64TH Street Sold | $938,000 | 4 | 3 | 3,063 | $306 | 0.4 mi |
B 28432 N 57TH Street Sold | $750,000 List Price | 3 | 3 | 2,440 | 0.9 mi | |
C 30420 N 60TH Street Pending | $650,000 List Price | 3 | 2 | 2,228 | $292 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features a territorial-style remodel. The kitchen is updated with granite countertops, a decorative tile backsplash, and modern stainless steel appliances. Interior finishes include well-maintained tile and wood-look flooring, recessed lighting, and architectural details like Viga beams. While the home was built in 1999, the renovations and overall maintenance level meet the criteria for 'good' condition, showing minimal wear and tear.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54463, living area = 2279.
Situated on a 1.25-acre unincorporated lot with no HOA, this property offers rare flexibility for horse facilities, multi-generational living, or short-term rental ventures like Airbnb.
Unlike many rural properties in the area that rely on wells or cisterns, this home is connected to city water, providing long-term peace of mind and consistent utility reliability.
Built in 1999, the home and its original infrastructure may require more frequent maintenance or updates to major systems compared to newer constructions in the area.
The specialized horse facilities and rural territorial aesthetic may limit the property's appeal to a specific subset of buyers, potentially narrowing the pool of interested parties.
Beautiful territorial remodel in Cave Creek, with horse facility, on a very private 1 1/4 acre lot. The open floor plan has an expansive great room with Viga beams, fireplace and dining alcove. Master suite is split, with a private bath and sitting area. The additional two bedrooms are very large. The kitchen has French doors leading out to a covered patio with attached AZ room. We also have city water which means you won't be sad because of a dry well or empty cistern. Easy access to trails, Reach 11, schools, and shopping. This home sits on unincorporated land with no HOA, so you have the freedom to do what you want with the land. If horses are not your thing, there is plenty of room for a multi generational lifestyle or bed and breakfast/Airbnb.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 39% |
| Square foot | 2,279 | 2,250 | 50% |
| Lot Size | 54,463 | 9,426 | 90% |
| Price | $850.0K | $590.0K | 71% |
| Price per sq ft | $373 | $291 | 76% |
| Built year | 1999 | 1999 | 50% |
| HOA | $0 | $78 | 24% |
| Days on market | 52 | 2381 | 1% |
Mar 1, 2026
$850,000
Initial Listing