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Sold for $1,500,000
  • $1,500,000

    35407 N PALO VERDE Way, Cave Creek, AZ 85331

    4beds
    3,570sqft
    Single Family Residence
    Built in 1995
    0.87 Acres Lot
    $1,499,400 Zestimate®
    $420/sqft
    $6,537 Estimated rent

    Home value

    $1,499,400

    $1.38M - $1.63M

    $6,537/mo

    Zestimate® history
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    What's special

    Recently repositioned with a price adjustment, this move-in ready Sentinel Rock Estates home blends modern design with mountain serenity. The light-filled layout features a designer kitchen with quartz counters, refined finishes, and a large island open to the great room for easy living and entertaining. Multiple ensuite bedrooms include two spacious primary suites, a guest suite, an additional ensuite bedroom, and a private office, offering flexibility for hosting or remote work. Enjoy seamless indoor-outdoor living, desert landscaping, and Black Mountain views. Nearly an acre in a sought-after Carefree neighborhood, minutes from hiking, golf, and the shops and dining of Cave Creek and Carefree. Seller open to well-structured offers.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rachel Rodriguez 480-382-1057,

    HomeSmart

    Bought with:

    Jan Collins, SA647783000

    Russ Lyon Sotheby's International Realty

    L. Ruth Sewart, SA546551000

    Russ Lyon Sotheby's International Realty

    Source: ARMLS,MLS#: 6939788MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Refrigerator, Built-in Microwave, Dishwasher, Gas Range, Gas Oven, Gas Cooktop
    Features
    • Quartz Countertops, Granite Counters, Double Vanity, Eat-in Kitchen, Kitchen Island, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Wood
    • Windows: Double Pane Windows, Mechanical Sun Shds
    • Has basement: No
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 3,570
    • Total interior livable area: 3,570 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage, Open
    • Garage spaces: 3
    • Uncovered spaces: 3
    Features
    • Stories: 1
    • Patio & porch: Covered
    • Exterior features: Private Yard
    • Has private pool: Yes
    • Pool features: Outdoor Pool
    • Spa features: None
    • Fencing: Block
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 0.87 Acres
    • Features: Desert Back, Desert Front, Cul-De-Sac, Synthetic Grass Back, Irrigation Front, Irrigation Back
    Details
    • Parcel number: 21128042

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame, Painted
    • Roof: Tile
    Condition
    • Year built: 1995

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Subdivision: CAREFREE SENTINEL ROCK ESTATES
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds
    • HOA fee: $150 annually
    • HOA name: Sentinel Rock Estate
    • HOA phone: 480-488-1270
    Location
    • Region: Cave Creek

    Financial & listing details

    • Price per square foot: $420/sqft
    • Tax assessed value: $1,104,800
    • Annual tax amount: $2,892
    • Date on market: 10/30/2025
    • Cumulative days on market: 261 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/8/2026Sold$1,500,000-6.2%$420/sqft
    Source: ARMLS #6939788 Report a problem
    4/3/2026Price change$1,599,900-5.6%$448/sqft
    Source: ARMLS #6939788 Report a problem
    2/26/2026Price change$1,695,000-5.3%$475/sqft
    Source: ARMLS #6939788 Report a problem
    2/11/2026Price change$1,790,000-2.9%$501/sqft
    Source: ARMLS #6939788 Report a problem
    1/14/2026Price change$1,844,000-0.3%$517/sqft
    Source: ARMLS #6939788 Report a problem
    10/30/2025Listed for sale$1,849,000-1.4%$518/sqft
    Source: ARMLS #6939788 Report a problem
    10/29/2025Listing removed$1,875,000$525/sqft
    Source: ARMLS #6907730 Report a problem
    8/19/2025Listed for sale$1,875,000+78.6%$525/sqft
    Source: ARMLS #6907730 Report a problem
    8/14/2024Sold$1,050,000-12.4%$294/sqft
    Source: ARMLS #6697807 Report a problem
    7/11/2024Listed for sale$1,199,000$336/sqft
    Source: ARMLS #6697807 Report a problem
    7/1/2024Pending sale$1,199,000$336/sqft
    Source: ARMLS #6697807 Report a problem
    6/19/2024Price change$1,199,000-7.8%$336/sqft
    Source: ARMLS #6697807 Report a problem
    6/12/2024Price change$1,299,900-7.1%$364/sqft
    Source: ARMLS #6697807 Report a problem
    4/27/2024Listed for sale$1,400,000$392/sqft
    Source: ARMLS #6697807 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,070 +14.3%$110,480 -2.5%
    2024$2,687 +2.4%$113,300 +63.3%
    2023$2,625 -3.2%$69,365 +3.2%
    2022$2,711 -9.6%$67,230 +2.1%
    2021$3,000 -0.5%$65,860 +9.9%
    2020$3,013 +3.9%$59,920 +0.2%
    2019$2,901 $59,820 -0.8%
    2018$2,901 +3.7%$60,310 +0.9%
    2017$2,796 +6.3%$59,770 +0.1%
    2016$2,631 +6.8%$59,720 +12.4%
    2015$2,464 $53,110 +6.8%
    2014-- $49,730 +18.1%
    2013-- $42,110 -2%
    2012-- $42,970 -3%
    2011-- $44,300 -20.5%
    2010-- $55,710 -30.1%
    2009-- $79,650 +10.8%
    2008-- $71,900 +7.7%
    2007-- $66,750 +44.6%
    2006-- $46,150
    2005-- $46,150 -3%
    2004-- $47,600
    2003-- $47,600 +23.2%
    2002-- $38,650
    Find assessor info on the county website

    Neighborhood: 85331

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Black Mountain Elementary School
    • Middle: Sonoran Trails Middle School
    • High: Cactus Shadows High School
    • District: Cave Creek Unified District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,499,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,499,400