For sale

Price cut: $10K (10/31)

$849,000

38500 N SCHOOL HOUSE Road #8, Cave Creek, AZ 85331

2beds

2,119sqft

$5,680/mo

Get pre-qualified

Single Family Residence

Built in 2023

4,568 Square Feet Lot

$-- Zestimate^®

$401/sqft

$340/mo HOA

What's special

Outdoor fireplaceMountain viewsSingle-level capstone floor planTwo spacious primary suitesGas cookingOversized islandDedicated office

Mountain views, a premium corner lot and beautifully upgraded interiors set this 2023 Galloway Ridge home apart. The single-level Capstone floor plan features two spacious primary suites, a dedicated office and 2.5 baths. An oversized island anchors the gourmet kitchen, complemented by quartz countertops, upgraded cabinetry, stainless steel appliances, gas cooking and a built-in wine fridge. Large windows and sliding doors bring natural light into the open great room. Enjoy north/south exposure and a private backyard with a covered patio, outdoor fireplace and view fencing overlooking the community's grassy dog park. A two-car garage and community pool, spa and fitness facilities complete this inviting Cave Creek retreat.

42 days
214
10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

ENERGY STAR Qualified Equipment, Natural Gas

Cooling

Central Air, ENERGY STAR Qualified Equipment, Programmable Thmstat

Appliances

Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven, Gas Cooktop, Water Purifier

Features

Pantry, Non-laminate Counter, High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, 2 Master Baths, 3/4 Bath Master Bdrm
Flooring: Carpet, Tile
Windows: Low Emissivity Windows, ENERGY STAR Qualified Windows, Triple Pane Windows, Vinyl Frame
Has basement: No
Number of fireplaces: 1
Fireplace features: Other, Exterior Fireplace

Interior area

Total structure area: 2,119
Total interior livable area: 2,119 sqft

Property

Parking

Total spaces: 4
Parking features: Attached, Garage Door Opener, Direct Access
Attached garage spaces: 2
Uncovered spaces: 2

Features

Stories: 1
Patio & porch: Covered, Patio
Exterior features: Sport Court(s)
Spa features: None
Fencing: Block,Wrought Iron
Has view: Yes
View description: Mountain(s)

Lot

Size: 4,568 Square Feet
Features: Borders Common Area, North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Front, Dirt Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back

Details

Parcel number: 21113302

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence
Attached to another structure: Yes

Materials

Stucco, Wood Frame, Painted
Roof: Reflective Coating,Tile

Condition

Year built: 2023

Details

Builder name: K Hovananian

Utilities & green energy

Sewer: Public Sewer

Green energy

Energy efficient items: Multi-Zones
Water conservation: Tankless Ht Wtr Heat

Community & HOA

Community

Features: Pool, Community Spa, Community Spa Htd, Fitness Center
Subdivision: GALLOWAY RIDGE

HOA

Has HOA: Yes
Services included: Maintenance Grounds, Street Maint, Front Yard Maint, Trash
HOA fee: $340 monthly
HOA name: Galloway Ridge

Location

Region: Cave Creek

Financial & listing details

Price per square foot: $401/sqft
Annual tax amount: $1,812
Date on market: 10/2/2026
Cumulative days on market: 42 days
Listing terms: VA Loan,Cash,Conventional,FHA
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/31/2026	Price change	$849,000-1.2%$401/sqft
Source: ARMLS #7088492 Report a problem
10/2/2026	Listed for sale	$859,000+1.2%$405/sqft
Source: ARMLS #7088492 Report a problem
8/16/2026	Listing removed	$849,000$401/sqft
Source: ARMLS #6953913 Report a problem
6/20/2026	Price change	$849,000-2.3%$401/sqft
Source: ARMLS #6953913 Report a problem
5/2/2026	Price change	$869,000-1.1%$410/sqft
Source: ARMLS #6953913 Report a problem
2/25/2026	Price change	$879,000-1.5%$415/sqft
Source: ARMLS #6953913 Report a problem
1/20/2026	Price change	$892,500-0.6%$421/sqft
Source: ARMLS #6953913 Report a problem
12/8/2025	Listed for sale	$897,500+13.5%$424/sqft
Source: ARMLS #6953913 Report a problem
11/28/2022	Price change	$3,975-20.1%$2/sqft
Source: Zillow Rental Manager Report a problem
9/19/2022	Listed for rent	$4,975-23.5%$2/sqft
Source: Zillow Rental Manager Report a problem
8/14/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
7/14/2022	Price change	$6,500-3.7%$3/sqft
Source: Zillow Rental Manager Report a problem
6/22/2022	Price change	$6,750-2.9%$3/sqft
Source: Zillow Rental Manager Report a problem
6/12/2022	Listed for rent	$6,950$3/sqft
Source: Zillow Rental Manager Report a problem
3/20/2022	Listing removed	--
Source: K. Hovnanian Companies, LLC Report a problem
3/12/2022	Price change	$790,990+1.3%$373/sqft
Source: K. Hovnanian Companies, LLC Report a problem
2/25/2022	Listed for sale	$780,990+1.3%$369/sqft
Source: K. Hovnanian Companies, LLC Report a problem
12/5/2021	Listing removed	--
Source: K. Hovnanian Companies, LLC Report a problem
12/2/2021	Price change	$770,990+5%$364/sqft
Source: K. Hovnanian Companies, LLC Report a problem
11/4/2021	Listed for sale	$733,990+6.5%$346/sqft
Source: K. Hovnanian Companies, LLC Report a problem
6/30/2021	Listing removed	--
Source: K. Hovnanian Companies, LLC Report a problem
6/16/2021	Price change	$688,990+0.7%$325/sqft
Source: K. Hovnanian Companies, LLC Report a problem
6/12/2021	Price change	$683,990-3.8%$323/sqft
Source: K. Hovnanian Companies, LLC Report a problem
6/9/2021	Listed for sale	$710,990$336/sqft
Source: K. Hovnanian Companies, LLC Report a problem