6535 E LONE MOUNTAIN Road N, Cave Creek, AZ 85331, Cave Creek, 85331 - 3 bed, 2 bath
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Cave Creek, AZ 85331
This 1.7-Acre Horse Property serves as a prime Value-Add Asset within the Cave Creek landscape. Listed at $739,000, the valuation accounts for the rare unobstructed views of Elephant Mountain and expansive lot utility compared to the $669,993 Fair Market Value. Currently holding a Condition Rating of 4, the interior features soaring ceilings and a stone fireplace, providing a "blank canvas" for forced appreciation. This is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants looking to modernize a classic desert residence and capture long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6535 E LONE MOUNTAIN Road N Subject | $739,000* List Price | 3 | 2 | 2,138 | $313 | - |
A 6444 E HIGHLAND Road Sold | $755,000 | 3 | 2 | 2,165 | $349 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained home built in 1969 that retains many original or older features, such as popcorn ceilings, dated light fixtures, and mid-century bathroom styling. While functional and livable, the interior is described by the listing as a 'blank canvas' requiring modernization. The presence of tile flooring and a stone fireplace suggests some upkeep, but the overall aesthetic and components are aged and show signs of being outdated, fitting the criteria for a fair condition score.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 = 74389, living area = 2138.
Situated on a generous 1.7-acre lot, this property provides ample space for horses, recreational toys, and outdoor storage, offering a rare level of privacy and utility.
The home features stunning, unobstructed views of Elephant Mountain and the surrounding Cave Creek landscape, serving as a picturesque backdrop for both the interior and the expansive patio.
Built in 1969 and described as a 'blank canvas,' the property requires significant updates and renovations to meet modern standards and maximize its equity potential.
Due to the home's age and the size of the acreage, buyers should expect higher initial maintenance requirements for both the structure and the extensive grounds.
Enjoy the stunning mountain views surrounding Cave Creek, including Elephant Mountain, from this 3-bed, 2-bath home on a 1.7-acre horse property. Great opportunity for a buyer to update and build equity. Plenty of room for animals, toys, storage, and projects. The interior features tile floors, soaring ceilings with exposed beams, and a dramatic floor-to-ceiling stone fireplace. The primary suite includes dual sinks, double mirrored closets, and private patio access. Step outside to an expansive patio with pavers and amazing mountain views--perfect for relaxing or entertaining. This home is a blank canvas, ready for your personal touches and updates. backdrop for your gatherings and relaxing evenings. This home is a DREAM! Don't miss it!
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 | 2,138 | 2,250 | 39% |
| Lot Size | 74,389 | 9,426 | 93% |
| Price | $739.0K | $590.0K | 68% |
| Price per sq ft | $346 | $291 | 64% |
| Built year | 1969 | 1999 | 1% |
| HOA | $0 | $78 | 24% |
| Days on market | 86 | 2381 | 1% |
Jan 26, 2026
$739,000
Initial Listing