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$7,500,000

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

  • 38 days on market
Magnificent private 54 acre retreat surrounded by thousands of dazzling saguaros. This iconic European Masterpiece sports top of the mountain breathtaking views provides peace & tranquility. Orchards, florals cascade off stone pillars with verdigris lanterns & exquisite stone detail mixed with timeless architecture nestled among beautiful grounds, resort style diving pool, water fall and slide. Once inside be charmed by the 100 year old barn wood floors, curvilinear walls encased in glass, an Italian inspired kitchen w/everything needed to entertain mightily... Multiple dining areas offer numerous options to all 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. 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 and lot parcel 202-18-013-D included in the purchase price.

Details

Property type

Single Family Residence

Lot size

54.65 acres

Price per sq ft

$739

Year built

2003

Annual property taxes

$10,318

Price History

11/15/2024
ArizonaRegional

ArizonaRegional #6771775

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

ArizonaRegional #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

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?

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Status: Active

Tomo last checked: 12/22/2024 at 8:00 PM

Listing updated: 12/02/2024 at 1:25 PM

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

MLS: ArizonaRegional #6771775

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