
Cave Creek, AZ 85331
This Equestrian Estate represents a High-Potential Investment Opportunity, listed at $1,515,000—positioned well below the $1,587,459 Fair Market Value by 4%. This valuation gap offers $72,459 in Instant Equity for the buyer. Featuring a 3-bedroom main residence with an attached 1-bedroom casita, the property maintains a Condition Rating of 3. With 4.6 acres, a three-stall mare motel, and 360-degree mountain views, this property is an ideal acquisition for Equestrian Enthusiasts or Multi-Generational Families seeking unrestricted Cave Creek living.
Property is move-in ready.
Although built in 1977, the interior shows significant recent cosmetic updates (likely within the last 5-10 years) including modern wood-look tile flooring in a herringbone pattern and fresh neutral paint. The kitchen and laundry areas utilize refreshed older cabinetry and functional countertops, making the home move-in ready and well-maintained despite its chronological age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 200376, living area = 2932.
Situated on 4.6 acres, this property is a horse lover's dream, featuring a three-stall mare motel, riding arena, round pen, and direct access to local trails.
The inclusion of an attached 1-bedroom, 1-bathroom casita with a full kitchen and living area provides excellent potential for multi-generational living or rental income.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =200376, other record lot size in square feet = 100667. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1977, the main residence may require updates to its interior finishes and major systems to compete with newer luxury builds in the area.
The property's value is heavily tied to its extensive equestrian infrastructure, which may limit the pool of interested buyers to a specific lifestyle niche.
Set in the heart of Cave Creek with no HOA, this unique equestrian property features 2 separate adjoining parcels totaling approximately 4.6 acres, giving you space, flexibility, and endless opportunity. The property includes a comfortable 3-bedroom, 2-bath home plus an attached 1-bedroom, 1-bath casita complete with its own kitchen and living room, ideal for guests, multi-generational living, or added privacy. Designed for horse lovers, the setup includes a 3-stall mare motel, large turnout, round pen, riding arena, and tack shed, with direct access to nearby trails so you can ride right out into Cave Creek's beautiful desert landscape. A circular driveway, expansive parking areas for trailers, RVs, and toys, large fenced yard, and breathtaking 360-degree mountain views.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,932 | 2,282 | 71% |
| Lot Size | 200,376 | 9,262.5 | 98% |
| Price | $1.51M | $502.5K | 93% |
| Price per sq ft | $517 | $272 | 94% |
| Built year | 1977 | 1999 | 3% |
| HOA | $0 | $78 | 23% |
| Days on market | 16 | 2644 | 1% |
May 21, 2026
$1,515,000
Initial Listing