
Cave Creek, AZ 85331
This Equestrian Ranch Estate represents a High-Potential Investment Opportunity, listed at $1,695,000—positioned well below the $1,755,185 Fair Market Value by 3%. This valuation gap offers $60,185 in Instant Equity. Featuring a 3,195 sqft main home, a 978 sqft Saloon guest house, and 5 private acres with mountain views, the property maintains a Condition Rating of 4. While the interior requires modernization, the expansive lot and equestrian infrastructure provide significant upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a storied ranch.
Property is moderate renovation needed.
Built in 1974, the property shows significant age with dated bathroom fixtures and tile work that appear to be over 20-30 years old. While the 'Western charm' is well-maintained and the grounds are functional, the interior finishes and likely the core systems are dated and require modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 212355, living area = 3195.
Situated on nearly 5 private acres, the property is a horse lover's dream featuring a 3-stall barn, tack room, large turnouts, and ample space for a professional-grade arena.
The property includes a distinctive 'Saloon' guest house with a boomtown façade, full kitchen, and living quarters, offering exceptional versatility for entertaining or multi-generational living.
Originally built in 1974, the home may require updates to its core systems or structural components to meet modern efficiency standards and buyer expectations.
The rugged Western theme and 'Wild West' aesthetic are highly specialized, which may narrow the property's appeal to a specific segment of the market.
This is the Wild West, where open skies and mountain views stretch across nearly 5 private acres. This gated homestead has 3 beds, 2.5 baths, hickory wood and Saltillo floors, beamed ceilings and rugged Western charm. By the 3195 sf main home, the 978 sf saloon stands proud with its boomtown façade and wide front porch. Complete with open living/kitchen for entertaining, and 2 beds and a bath for folks who bunk in. Ride on over to the M&D barn with 3 stalls and tack room, the 2 100' x 70' turnouts and the hearty chicken coop. With a 3-car garage, extra garage and storage building, there's room for all your gear. Tons of room for an arena too. Take a cowboy soak in the backyard pool off the covered porch. Close to town, yet tucked away --this storied ranch is changing hands after 20+ years.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 4.0 | 3.0 | 81% |
| Square foot | 3,195 | 2,282 | 80% |
| Lot Size | 212,355 | 9,262.5 | 99% |
| Price | $1.70M | $502.5K | 95% |
| Price per sq ft | $531 | $272 | 95% |
| Built year | 1974 | 1999 | 3% |
| HOA | $0 | $78 | 23% |
| Days on market | 47 | 2645 | 1% |
Apr 21, 2026
$1,695,000
Initial Listing