
Cave Creek, AZ 85331
This Santa Fe Territorial Sanctuary is a Prime Investment Opportunity, listed at $1,300,000—positioned well below the $1,338,193 Fair Market Value by 2%. This valuation gap offers $38,193 in Instant Equity for the buyer. Featuring a new 2026 roof, 4 fireplaces, and a private view deck with mountain vistas, the home maintains a Good Condition Rating. Its 1.6-acre lot provides significant land utility. This property is an ideal acquisition for Owner-Occupants seeking a desert retreat or Buy-and-Hold Investors.
Property is move-in ready.
While built in 1994 (30 years old), the property is exceptionally well-maintained and features significant updates that align with the 'Good' criteria. Notable improvements include a new roof (2026) and a partially renovated kitchen with modern stone countertops, a farmhouse sink, updated tile backsplash, and high-end stainless steel appliances. The home is move-in ready and functional.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 70441, living area = 4225.
The home features classic Santa Fe Territorial elements including wood ceilings, Saltillo tile, and four fireplaces, offering a timeless and character-rich desert aesthetic.
Situated on a generous 1.6-acre lot in Carefree Foothills, the property provides exceptional privacy along with stunning mountain and city light views from a dedicated view deck.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4225, other record living area = 2899.
Built in 1994, the interior finishes and traditional Southwest styling may require updates to appeal to buyers looking for a more modern or contemporary aesthetic.
With over 4,200 square feet of living space and a sprawling 1.6-acre desert lot, the property may demand higher utility costs and more intensive ongoing maintenance.
Experience timeless Southwest charm in this Santa Fe Territorial home nestled on 1.6 acres in the sought after Carefree Foothills subdivision. This 3 bedroom plus den/office, 3 bathroom retreat features authentic character throughout with warm wood ceilings, 4 fireplaces, exposed posts, and Saltillo tile flooring. Enjoy breathtaking mountain views and sparkling city lights from the view deck in this private desert setting. The spacious floor plan blends comfort and style, creating the perfect Arizona escape for year round living or a seasonal retreat. New roof completed in 2026. A rare opportunity to own a true desert sanctuary with classic architectural appeal and unforgettable views in the heart of Cave Creek. Furnishings available under separate bill of sale.
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 | 4,225 | 2,250 | 98% |
| Lot Size | 70,441 | 8,837 | 92% |
| Price | $1.25M | $0 | 91% |
| Price per sq ft | $296 | $0 | 56% |
| Built year | 1994 | 1998 | 26% |
| HOA | $525 | $78 | 93% |
| Days on market | 34 | 2691 | 1% |
Jun 4, 2026
$1,250,000
$1,300,000
-4% Price Drop
Initial Listing
May 11, 2026
$1,300,000
Initial Listing