
Cave Creek, AZ 85331
This custom Cave Creek property is a Strong Value Opportunity, listed at $815,000—positioned well below the $896,182 Fair Market Value by 9%. This valuation gap provides $81,182 in Instant Equity. While maintaining a Fair Condition Rating, the home features unobstructed Black Mountain views, a private pool, and a nearly one-acre double parcel with no HOA. The interior offers a solid foundation with Saltillo tile and exposed beams, plus a versatile 18x11 bonus studio. This is an ideal acquisition for Owner-Occupants seeking a customizable desert retreat or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6035 E BLUE RIDGE Drive Subject | $815,000* List Price | 2 | 3 | 2,066 | $434 | - |
A 37426 N ARBUSCULA Drive Sold | $690,000 | 3 | 2 | 1,504 | $459 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, this property is well-maintained but largely reflects its age with dated features such as Saltillo tile flooring and exposed wood beams. While the kitchen has seen some partial updates including flat-panel cabinetry and stainless steel appliances, the listing description explicitly notes the interior requires modernization and serves as a 'starting point' for future updates, fitting the criteria for a fair condition score.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19502, living area = 2066.
Set on two parcels totaling nearly an acre with no HOA, this property offers rare privacy and the flexibility for expansion, horse facilities, or additional structures.
The property features stunning views of Black Mountain and a natural landscape filled with mature saguaros, providing a quintessential Cave Creek atmosphere.
Built in 1961, the home requires modernization, with the kitchen and living areas serving as a 'starting point' for buyers looking for contemporary finishes.
Significant usable areas, including the Arizona room and bonus space, are not included in the official livable square footage, which may impact appraisal valuations and financing.
Set across two parcels totaling approximately 0.97 acres, this custom Cave Creek property offers privacy, usable land, and views of Black Mountain. With no HOA, the property allows flexibility for potential expansion or modification. The setting is natural desert, with mature saguaros and open mountain views, just minutes from the shops, dining, and amenities of Cave Creek. Inside, the home features exposed wood beam ceilings and Saltillo tile flooring. The main living area is anchored by a custom wood-burning fireplace. The kitchen offers a functional layout and serves as a solid starting point for future updates. A bonus space (approx. 18x11) with its own entrance and half bath offers flexibility for a home office, guest space, or studio (not included in livable square footage). The two-car garage features dual garage doors, allowing for convenient pull-through access to the driveway. Outdoor areas are private and open, with ample space for future improvements, subject to buyer verification. Additional details: " Two parcels included (APNs 211-15-031 & 211-15-030) " Approx. 2,066 sq ft per tax records (Arizona room not included in livable square footage) A well-positioned property with land, views, and long-term potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 9% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,066 | 2,250 | 34% |
| Lot Size | 19,502 | 9,335.5 | 72% |
| Price | $815.0K | $590.0K | 69% |
| Price per sq ft | $394 | $290 | 83% |
| Built year | 1961 | 1999 | 1% |
| HOA | $0 | $78 | 24% |
| Days on market | 21 | 2376 | 1% |
Apr 1, 2026
$815,000
Initial Listing