6732 E ASHLER HILLS Drive, Cave Creek, AZ 85331, Cave Creek, 85331 - 5 bed, 3 bath
Loading property details...
Cave Creek, AZ 85331
This Premium Turnkey Estate with Income Potential is a Prime Investment Opportunity, listed at $1,188,000—positioned well below the $1,238,671 Fair Market Value by 4%. This valuation gap provides $50,671 in Instant Equity. Boasting an Excellent Condition Rating after a $290,000 comprehensive renovation, the property includes a main residence and a detached, Airbnb-ready guest house. Featuring Black Mountain views and a private pool on an acre-plus lot, it balances luxury with rental upside. This is an ideal acquisition for Multi-generational Families or Lifestyle Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6732 E ASHLER HILLS Drive Subject | $1,188,000* List Price | 5 | 3 | 2,300 | $537 | - |
A 6430 E LONESOME Trail Active | $1,200,000 List Price | 4 | 3 | 2,372 | $506 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1998, the property underwent a recent $290k comprehensive renovation including a new roof, exterior paint, and a full interior remodel. The kitchen and bathrooms feature modern high-end finishes, quartz/marble countertops, and updated cabinetry, placing it in the 'Excellent' category for a recent renovation in mint, turnkey condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 48526, living area = 2300.
The property includes a detached, 744 sq. ft. fully equipped guest house that is Airbnb-ready with its own kitchen and laundry, offering significant rental income potential or a private multi-generational living space.
With $290,000 recently invested in interior and exterior renovations, including a new roof and paint, the home is in pristine, move-in-ready condition, reducing the need for immediate capital expenditures.
As a County Island property, it likely relies on a septic system and potentially a private or shared well, which may require more maintenance and oversight than standard municipal utility connections.
While the aesthetic and surface renovations are extensive, the original 1998 construction date suggests that some underlying mechanical or structural components may be approaching the end of their typical life cycle.
REMODELED 4 bed/2 bath main house, 2300 sq ft. + detached (Airbnb Ready) 1bed/1ba FULL GUEST HOUSE 744sq ft. w/ kitchen & laundry. STELLAR SCOTTSDALE location (w/ Cave Creek County island address) and BEAUTIFUL BLACK MTN VIEWS. Walkable to the amazing convenience of The SUMMIT shopping plaza (!), this little slice of heaven sits on one of THE BEST lots in the island, with excellent feasibility, plenty of room for additions, and just two driveways from the end of pavement - eliminating the most common downside of county island properties - rough or extensive dirt road driving. Loads of exterior improvements completed just prior to the recent remodel, AND solar lease is paid thru *2031* Home is turnkey ready, including paint and roof. See docs tab for complete list of features/improvements.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.5 | 90% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,300 | 2,275 | 50% |
| Lot Size | 48,526 | 9,262.5 | 86% |
| Price | $1.19M | $502.5K | 88% |
| Price per sq ft | $517 | $272 | 94% |
| Built year | 1998 | 1999 | 49% |
| HOA | $0 | $78 | 23% |
| Days on market | 43 | 2645 | 1% |
Apr 25, 2026
$1,188,000
Initial Listing