
Carefree, AZ 85377
This Custom View Home represents a Strong Value Opportunity, listed at $799,000, which aligns with its $799,000 Fair Market Value. While currently holding a Condition Rating of 4 due to its original 1987 interior, the property sits on a massive 33,398 sqft lot surrounded by $1M+ estates. Featuring spectacular mountain views from an expansive back deck and a functional garage workshop, the home offers significant upside through modernization. This is an ideal acquisition for Owner-Occupants looking to build equity or Value-Add Investors seeking a prime Carefree location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7707 E PRIMROSE Path Subject | $749,000* List Price | 3 | 2 | 2,035 | $368 | - |
A 1103 OCOTILLO Circle Active Under Contract | $925,000 List Price | 3 | 2 | 2,485 | $372 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, this property is well-maintained but largely original in its interior design. The kitchen and bathrooms feature dated oak cabinetry, older black appliances, and basic tile flooring. While the home has received essential maintenance updates like a roof reseal in 2023 and exterior paint in 2025, the interior finishes, carpets, and fixtures show signs of age and require modernization to meet current market expectations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 33398, living area = 2035.
Situated in the heart of Carefree among multi-million dollar estates, this property is priced significantly below the area's $1M+ average, offering substantial long-term value and equity growth potential.
The home features an expansive back deck and patio that capture spectacular mountain and desert views, providing a premium setting for entertaining and enjoying Arizona sunsets.
Built in 1987, the home may require interior cosmetic updates to the kitchen and bathrooms to align with the luxury standards of the surrounding multi-million dollar neighborhood.
At 2,035 square feet, the home's footprint is relatively small compared to the larger estates in the area, which may limit its appeal to buyers seeking a more expansive luxury residence.
DRASTIC PRICE IMPROVEMENT!! Entire interior professionally painted!! Custom 2035sf home in the heart of beautiful Carefree, surrounded by multi-million dollar homes! Enjoy spectacular mountain and desert views from the expansive back deck and patio, perfect for entertaining and quiet sunsets. Epoxied 2-car garage with 1/2 car sized workshop. Kitchen includes island with work sink and plenty of cabinets and pantry. Enjoy the views from your generous living space filled with natural light and slider to the patio. Recent updates include roof resealed in 2023 and exterior paint in 2025. With values in the area exceeding $1M+, this is a rare opportunity to own a custom home with views and long-term value. Ideally located close to Carefree town, dining, galleries and outdoor recreation
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,035 | - |
| Lot Size | 33,398 | - |
| Price | $749.0K | $1.36M |
| Price per sq ft | $368 | $331 |
| Built year | 1987 | 0 |
| HOA | $0 | $0 |
| Days on market | 167 | 1385 |
Jul 18, 2026
$749,000
$799,000
-6% Price Drop
Initial Listing
Feb 5, 2026
$799,000
Initial Listing