8502 E CAVE CREEK Road 61, Carefree, AZ 85377, Carefree, 85377 - 2 bed, 3 bath
Loading property details...
Carefree, AZ 85377
This Stunning Move-In Ready Townhouse is listed at $1,149,000, representing a stable purchase at its $1,149,000 Fair Market Value. Originally a model home, the residence maintains a Good Condition Rating and showcases premium upgrades including Sub-Zero appliances, custom cabinetry, and a soaring stone fireplace. The layout features dual master suites and a private pool with mountain views, providing a desert sanctuary near top-rated schools like Black Mountain Elementary and Cactus Shadows High. This property is an ideal match for luxury-seeking professionals or seasonal residents desiring a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8502 E CAVE CREEK Road 61 Subject | $1,095,000* List Price | 2 | 3 | 2,203 | $497 | - |
A 8502 E CAVE CREEK Road 10 Active | $975,000 List Price | 2 | 2 | 1,696 | $575 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a well-maintained former model home featuring high-end finishes such as Sub-Zero appliances, custom continuous-grain cabinetry, and a soaring stacked stone fireplace. While the 1986 construction and Southwest aesthetic are somewhat dated, the home is move-in ready with premium features including a private pool, outdoor kitchen, and slate flooring, placing it firmly in the 'good' category rather than 'fair'.
The unique floor plan features two distinct master bedrooms, offering exceptional privacy and versatility for guests or multi-generational living.
The property includes a private courtyard with an outdoor kitchen and direct pool access, perfectly positioned to enjoy mountain views and the natural desert landscape.
As the original model home, the residence showcases superior craftsmanship, including a Sub-Zero refrigerator, custom continuous-grain cabinetry, and a soaring stacked stone fireplace.
The monthly association fee of $876 is significant and may impact the overall affordability and appeal for cost-conscious buyers.
Built in 1986, the property may require updates to its core mechanical systems or structural elements to align with modern energy efficiency and building standards.
Signicant price reduction. Lower price per square foot than ALL sales in the last 2 years. Way lower! Motivated seller wants an offer! This is the original model home for this popular community with two unique master bedrooms! And the end unit has lots of space! One bedroom has access to a stunning private courtyard patio with outdoor kitchen and living area, the Master has a private entrance with a security door to the pool and backyard. There's also a large dedicated office space in the Great Room. Private pool area screened by natural vegetation and with mountain views. Soaring fireplace with stacked native stone, From the Sub Zero with glass doors, to private wet bar, Guest patio in the front with separate entry. A showcase residence you'll be proud to own! See the video tour
No exterior & parking available.
Grades PK-6 • 3.9 mi
Grades 6-8 • 6.9 mi
Grades 9-12 • 4.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,203 | - |
| Lot Size | 960 | - |
| Price | $1.09M | $822.5K |
| Price per sq ft | $497 | $336 |
| Built year | 1986 | 0 |
| HOA | $876 | $0 |
| Days on market | 186 | 2512 |
May 10, 2026
$1,095,000
$1,149,000
-5% Price Drop
Initial Listing
Jan 17, 2026
$1,149,000
Initial Listing