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$2,749,000

Beds
8
Baths
7.5
sq ft
7,605

36600 N 50th St, Cave Creek, AZ 85331

36600 N 50th St

Cave Creek, AZ 85331

  • 34 days on market
Stunning Cave Creek Estate on 5.2 Acres with Desert Views! Located in the heart of Cave Creek, this exceptional estate offers 5.2 flat acres of serene desert landscape, backing up to 300 acres of protected desert preserve. With no HOA, this property provides ultimate privacy and flexibility, ideal for a peaceful retreat or short-term rental opportunities. With over 7,600 sq. ft. of living space, the main home spans 4,728 sq. ft. and features 4 bedrooms and 4.5 baths. A gourmet kitchen designed for entertaining includes double islands, granite and marble countertops, and custom alder cabinetry. Rich flagstone and hand-honed wood floors, 4 fireplaces, and floor-to-ceiling windows create a warm, inviting atmosphere throughout the home. The spacious 2,040 sq. ft. guest house offers 4 bedrooms and 3 baths, perfect for extended family or guests. Both homes are set against breathtaking mountain views and lush desert landscaping, offering unparalleled privacy and tranquility. Outdoor amenities include a sparkling heated saltwater pool and spa, a sports court ideal for pickleball or basketball, and ample space to add equestrian facilities. The property also includes a bonus 832 sq. ft. game room/gym adjacent to the pool, providing endless entertainment potential. Additional upgrades include a new roof on the main house, guest house, and garages, owned solar panels, new carpet throughout, updated pool equipment, and fully serviced HVAC systems. The property also features new irrigation, water softeners, a tankless water heater, and a 2,500-gallon septic tank which was serviced in November 2024. Just minutes from downtown Cave Creek's shops and restaurants, this peaceful estate offers both luxury and convenience, making it the perfect blend of modern comfort and desert charm!

Details

Property type

Single Family Residence

Est. home value

$2,460,241

Lot size

5.21 acres

Price per sq ft

$362

Year built

2002

Annual property taxes

$5,653

HOA

No

Price History

11/18/2024
ArizonaRegional

ArizonaRegional #6783477

Listed
$2,749,000
+61.71%
03/12/2021
ArizonaRegional

ArizonaRegional #6142521

Sold
$1,700,000

Schools & Community

Elementary school: 

Black Mountain Elementary School

Middle school: 

Sonoran Trails Middle School

High school: 

Cactus Shadows High School

High school district: 

Cave Creek Unified District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,560,272
Asking price
$2,749,000
Closing costs (~8% of asking)
-$219,920
Est. remaining loan balance
-$968,808
Cash to seller
$1,560,272

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Commerce Bank

Loan start date

February 2021

Original loan amount

$1,250,000

Est. remaining balance

$968,808

Interest rate

2.21%

Loan type

New Conventional, 15 year

Seller

John L Snyder and Diane P Snyder

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 2:05 PM

Listing updated: 12/22/2024 at 1:02 AM

Listed by: William P Lewis, Williams Luxury Homes Phone #: (602) 920-6297

MLS: ArizonaRegional #6783477

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