8502 E Cave Creek Road 31, Carefree, AZ 85377, Carefree, 85377 - 2 bed, 2 bath
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Carefree, AZ 85377
This Exclusive Aviation-Centric Townhouse is listed at $1,195,000, representing a stable valuation closely aligned with its $1,177,661 Fair Market Value. Boasting a Condition Rating of 2, this fully remodeled sanctuary features a chef’s kitchen with KitchenAid appliances, wood plank ceilings, and a private view deck with sweeping mountain vistas. Located directly on the Carefree Airport runway in the gated Skyranch community, residents enjoy premium amenities and access to top-rated schools like Black Mountain Elementary. This move-in-ready residence is the ultimate find for Aviation Enthusiasts or Luxury Downsizers seeking a unique desert lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8502 E Cave Creek Road 31 Subject | $1,195,000* List Price | 2 | 2 | 1,927 | $611 | - |
A 8502 E CAVE CREEK Road 10 Active | $950,000 List Price | 2 | 2 | 1,696 | $560 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1991, this property has undergone an extensive recent renovation that brings it to current luxury standards. The kitchen features new stainless steel KitchenAid appliances, modern cabinetry, and granite countertops. The bathrooms are fully modernized with high-end features like a freestanding soaking tub and contemporary tile work. The interior showcases premium finishes including wood plank ceilings, skylights, and updated flooring, while the exterior boasts all-new landscaping and an updated view deck, leaving no evidence of deferred maintenance.
Situated directly on the Carefree Airport runway within the exclusive Skyranch community, this property offers a rare and prestigious lifestyle for aviation enthusiasts.
The home features high-end finishes including wood plank ceilings, skylights, and a fully remodeled kitchen with new stainless steel appliances, providing a move-in-ready luxury experience.
Multiple private patios, a fire pit, and an updated view deck with sweeping mountain vistas maximize the Arizona outdoor experience and entertaining potential.
The monthly association fee of $876 is relatively high, which may impact the overall affordability and appeal for budget-conscious buyers.
While the runway location is a niche benefit, the associated aircraft noise may be a significant drawback for traditional buyers seeking a quiet residential environment.
Located on the Carefree Airport runway within the highly sought-after Skyranch community, this beautifully remodeled home showcases an open, airy floor plan highlighted by a stylish kitchen with new stainless steel appliances, a spacious great room, and a generous primary suite with a sitting area. Other features include abundant natural, wood plank ceilings and skylights throughout. A private front courtyard offers inviting charm and seclusion. Enjoy Arizona outdoor living with multiple patios, sitting areas, a fire pit, all-new landscaping, and an updated view deck capturing sweeping vistas. This distinctive gated community features a pool, spa, tennis courts, and dog park. Furnishings, décor, and housewares available on a separate bill of sale.
No exterior & parking available.
Grades PK-6 • 4.2 mi
Grades 6-8 • 7.2 mi
Grades 9-12 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,927 | - |
| Lot Size | 650 | - |
| Price | $1.20M | $822.5K |
| Price per sq ft | $620 | $336 |
| Built year | 1991 | 0 |
| HOA | $876 | $0 |
| Days on market | 183 | 2512 |
Jan 21, 2026
$1,195,000
Initial Listing