
Carefree, AZ 85377
This Rare Dual-Home Estate is a High-Potential Investment Opportunity, listed at $1,695,000—positioned well below the $2,009,286 Fair Market Value by 15%. This valuation gap offers $314,286 in Instant Equity. The property features a renovated main residence and a full guest house on 1.17 desert acres, boasting a Good Condition Rating with premium granite finishes. Located near top-rated schools like Black Mountain Elementary, it balances lifestyle luxury with significant financial upside. This is an ideal acquisition for Multi-Generational Families or Owner-Occupants seeking a high-equity sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9533 E ROMPING Road Subject | $1,695,000* List Price | 5 | 6 | 4,085 | $392 | - |
A 9445 E QUAIL Trail Sold | $1,520,000 | 3 | 3 | 3,977 | $382 | 0.1 mi |
B 36811 N WildFlower Road Sold | $1,887,000 List Price | 4 | 6 | 4,019 | 0.4 mi | |
C 8944 E LAZYWOOD Place Active | $1,949,000 List Price | 4 | 5 | 4,593 | $424 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and has been thoughtfully renovated and meticulously maintained. The kitchen features high-quality granite countertops, stainless steel appliances, and updated cabinetry. The interior boasts modern hard-surface flooring, updated light fixtures, and vaulted ceilings with exposed wood beams. While the original construction dates back to 1986, the extensive updates and the addition of a fully equipped guest house align with the 'good' criteria, showing minimal wear and tear and functional, updated systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 51007, living area = 4085.
The property features a rare dual-home configuration, including a fully equipped 864 sq ft guest house with its own kitchen, laundry, and attached garage, ideal for extended family or long-term guests.
Extensively renovated and meticulously maintained, this move-in-ready home offers a modern open floor plan, ensuite bedrooms, and high-end finishes that appeal to contemporary buyers.
Originally constructed in 1986, the home may have aging core infrastructure or systems that require more frequent maintenance compared to newer builds in the Carefree area.
While the local schools are highly rated, they are located over five miles away, which may be a logistical consideration for families with school-aged children.
Two (2) Complete Homes !! Main Home (3,221 sq') w/3 ensuite bedrooms,half bath open floorplan serves both casual and formal entertaining w/ huge double sided fireplace, well appointed eat-in kitchen plus oversized 3 car att garage for both vehicles and storage!....Separate Guest House (864 sq') w/2 bed/2 bath, full kitchen, living room, laundry plus att 1 car garage ! All this nestled on 1.17 beautiful desert acres in Carefree, AZ. This move-in ready, thoughtfully renovated, redesigned and meticulously maintained property offers both privacy and versatility, and ideal for multi-generational living or hosting extended guests. Outdoor living is exceptional: low-maintenance desert landscaping, turf in the backyard, an expansive covered patio including a charming kiva fireplace.
No exterior & parking available.
Grades PK-6 • 5.0 mi
Grades 6-8 • 7.6 mi
Grades 9-12 • 5.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 6.0 | 0.0 |
| Square foot | 4,085 | - |
| Lot Size | 51,007 | - |
| Price | $1.70M | $1.36M |
| Price per sq ft | $415 | $331 |
| Built year | 1986 | 0 |
| HOA | $60 | $0 |
| Days on market | 162 | 1385 |
Feb 10, 2026
$1,695,000
Initial Listing