tomo logo

$6,950,000

Beds
6
Baths
7.0
sq ft
10,159

42820 North Fleming Springs Road, Cave Creek, AZ 85331

42820 North Fleming Springs Road

Cave Creek, AZ 85331

  • 100 days on market
    • Price drop $550,000↓
Enjoy unparalleled views from this gated 43 acre estate situated atop your own private mountain and surrounded by thousands of dazzling saguaros. Lush grounds with florals cascading off stone pillars on this 10,159 sq. ft. iconic European masterpiece with exquisite entertaining space for your exceptional lifestyle. Unlike any other estate in the greater valley, this North Cave Creek masterpiece will leave you in awe with its one-of-a kind beauty, quality craftsmanship and expansive acreage. If you are looking for privacy and versatility, this property has countless options including horse privileges. The interior showcases 6 beds, 7.5 baths, office/den, chef's kitchen, bonus room, family room, private theater, wine cellar and 5 car garage. Multiple dining areas offer numerous options to.. family & guests in residence. Generous master suite with private balcony, guest wing has 3 ensuites plus well-appointed main floor study. Take the elevator to lower lever which showcases multiple rooms plus game room, wine cellar, private theater and fitness studio. The paved nature trail is perfect for meditation and inspiration. Gardener's delight with over 20 fruits trees. Unique potential w/access to two 10 acre parcels. Fully fenced backyard with romantic stone walkways that meander throughout the property. This home is being sold with lot parcel 202-18-013-C, E & G in the purchase price. Taxes noted are only for Parcel 202-18-013E.

Details

Property type

Single Family Residence

Lot size

43.28 acres

Price per sq ft

$685

Year built

2003

Annual property taxes

$10,318

HOA

No

Price History

02/20/2025
ArizonaRegional

ArizonaRegional #6771775

Price change
$6,950,000
-7.33%
11/15/2024
ArizonaRegional

ArizonaRegional #6771775

Listed
$7,500,000
+117.39%
02/26/2020
ARMLS

ARMLS #5871692

Sold
$3,450,000

Schools & Community

Elementary school: 

Black Mountain Elementary School

Middle school: 

Sonoran Trails Middle School

High school: 

Cactus Shadows High School

Community features: 

Sidewalks

High school district: 

Cave Creek Unified District

Seller’s Loan History

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

Lender

Fifth Third Bank

Loan start date

October 2020

Original loan amount

$2,567,500

Est. remaining balance

Not provided

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Robert D Watson

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?

Similar Homes Nearby

Price drop
ArizonaRegional
$5,200,000
5 bd
|
7 ba
|
9,000 sq ft
|
House

9203 East Brahma Road, Scottsdale, AZ 85262

ArizonaRegional
$5,995,000
3 bd
|
4 ba
|
6,028 sq ft
|
House

8877 East Charolais Drive, Scottsdale, AZ 85262

Price drop
ArizonaRegional
$5,999,000
5 bd
|
6.5 ba
|
6,435 sq ft
|
House

36700 North Lone Eagle Point, Carefree, AZ 85377

Status: Active

Tomo last checked: 02/23/2025 at 6:20 AM

Listing updated: 02/19/2025 at 10:20 PM

Listed by: Cheryl D'Anna, Russ Lyon Sotheby's International Realty Phone #: (480) 488-2998

MLS: ArizonaRegional #6771775

ArizonaRegional logo