8249 E CAREFREE Drive, Carefree, AZ 85377, Carefree, 85377 - 3 bed, 3 bath
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Carefree, AZ 85377
This Value-Add Desert Estate is a strategic acquisition listed at $1,248,980, representing a stable investment at its $1,248,980 Fair Market Value. Although the home carries a Dated Condition Rating, it sits on an expansive 42,608 sq. ft. lot backing the prestigious Desert Forest Golf Club with panoramic mountain views and a private deck. The 3,103 sq. ft. layout includes three fireplaces, offering a significant canvas for high-end modernization. Located near top-rated Black Mountain Elementary and Sonoran Trails Middle, this is an ideal opportunity for Luxury Renovators or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8249 E CAREFREE Drive Subject | $1,199,980* List Price | 3 | 3 | 3,103 | $338 | - |
A 37760 N Concho Drive Active Under Contract | $1,249,000 List Price | 3 | 3 | 2,853 | $438 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, the property is well-maintained but significantly dated, featuring original Saltillo tile flooring and 1980s-style tile countertops in the kitchen and bathrooms. While the home appears clean and functional, the listing description explicitly identifies it as a renovation project ('ready for your vision' and 'open slate'), indicating that most interior components and systems likely require modernization to meet current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42608, living area = 3103.
The property backs directly onto the prestigious Desert Forest Golf Club, offering a rare and highly desirable location that ensures both privacy and scenic views.
Situated on a massive 42,608 sq. ft. lot, this property provides exceptional space for outdoor expansion, landscaping, or creating a private desert oasis.
The property is marketed as a project for 'vision and creativity,' indicating that substantial capital investment is needed to modernize the 1981 interiors.
Built in 1981, the home likely requires updates to major mechanical systems and structural elements to meet contemporary luxury and energy efficiency standards.
You must check out this Carefree gem. Ideally located and backs up to the prestigious Desert Forest Golf Club, this rare opportunity sits on an expansive 42,608 sq. ft. lot in one of the most desirable areas of Carefree, AZ. With over 3,100 sq. ft. of interior space, this home is ready for your vision and creativity. This 3-bedroom, 2-bath residence features three fireplaces—found in the family room, kitchen, and primary suite—adding warmth, charm, and architectural character throughout. The incredible lot provides privacy, natural desert beauty, and endless potential to transform the property into a true desert retreat. Whether you're looking to reimagine the interiors, redesign the flow, or create a custom luxury haven, the open slate is waiting for you. The combination of premium location, oversized lot, and world-class golf next door makes this a standout opportunity in iconic Carefree. Embrace the potential. Elevate the lifestyle. This home is ready for its next chapter.
No exterior & parking available.
Grades PK-6 • 4.0 mi
Grades 6-8 • 7.3 mi
Grades 9-12 • 4.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,103 | - |
| Lot Size | 42,608 | - |
| Price | $1.20M | $1.36M |
| Price per sq ft | $387 | $331 |
| Built year | 1981 | 0 |
| HOA | $0 | $0 |
| Days on market | 244 | 1385 |
Jun 7, 2026
$1,199,980
$1,228,980
-2% Price Drop
Initial Listing
Apr 29, 2026
$1,228,980
$1,248,980
-2% Price Drop
Initial Listing
Nov 20, 2025
$1,248,980
Initial Listing