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Sold for $4,715,000
  • $4,715,000

    38777 N OCOTILLO RIDGE Drive, Carefree, AZ 85377

    4beds
    5,252sqft
    Single Family Residence
    Built in 2025
    5.21 Acres Lot
    $4,711,800 Zestimate®
    $898/sqft
    $8,759 Estimated rent

    Home value

    $4,711,800

    $4.33M - $5.14M

    $8,759/mo

    Zestimate® history
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    What's special

    Covered patiosStatement fireplaceFloor-to-ceiling glassExpansive laundry suiteOutdoor barbequeSpa-inspired bathDual walk-in closets
    Steve Jensen Homes presents the pinnacle of luxury living in the prestigious gated community of Ocotillo Estates. Set on a sprawling 5.21 acres, this 5,252 sq. ft. masterpiece embodies both sophistication and comfort. From the moment you arrive, every detail reflects world-class craftsmanship and design. The great room's soaring 15' ceiling and statement fireplace set the stage for gatherings, while the chef's kitchen impresses with a waterfall-edge island, custom cabinetry, Wolf and Sub Zero appliances, premium countertops, and designer lighting. An adjacent bar with glass windows opening to the outdoors makes seamless entertaining effortless, complemented by a butler's pantry, mudroom, and expansive laundry suite. The primary retreat is a sanctuary with dual walk-in closets, a spa-inspired bath featuring a soaking tub under a chandelier, dual vanities, and a luxurious walk-in shower. Two additional bedrooms each with their own bathrooms offer privacy and comfort, while a flexible fourth bedroom/office/flex room adapts to your lifestyle needs. Outdoor living is reimagined with covered patios, a sparkling heated pool and spa, a gas fireplace and fire pit, and an outdoor barbeque perfect for evenings under the Arizona sky. Floor-to-ceiling glass blurs the line between indoors and out, inviting natural light and panoramic views into every space. Practical luxury abounds with a 4-car garage, abundant storage, and integrated smart home and energy-efficient systems. Blending modern elegance with timeless comfort, this residence is more than a home, it's a statement of refined desert living. And with its premier location, you're just minutes from Carefree and Cave Creek's finest restaurants, boutique shopping, championship golf, and world-class spas.

    Zillow last checked:

    Listing updated:

    Listed by:

    Chandra Ruch 425-829-5967,

    Engel & Voelkers Scottsdale

    Bought with:

    Mark Anthony Vilar, SA553323000

    RETSY

    Source: ARMLS,MLS#: 6928666MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Bedroom 3
    • Level: Main
    Bedroom 4
    • Level: Main
    Dining room
    • Level: Main
    Great room
    • Level: Main
    Kitchen
    • Level: Main
    Heating
    • Electric, Ceiling
    Cooling
    • HVAC SEER Rating, Central Air, Ceiling Fan(s), Programmable Thmstat
    Appliances
    • Included: Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Cooktop, Built-In Electric Oven, Water Purifier
    • Laundry: Inside
    Features
    • Pantry, Non-laminate Counter, High Speed Internet, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Wet Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Tile, Wood
    • Windows: Low Emissivity Windows, Double Pane Windows
    • Has basement: No
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 5,252
    • Total interior livable area: 5,252 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage Door Opener
    • Garage spaces: 4
    • Uncovered spaces: 4
    Features
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Private Yard, Storage, Built-in Barbecue
    • Has private pool: Yes
    • Pool features: Outdoor Pool, Heated
    • Has spa: Yes
    • Spa features: Heated, Private
    • Fencing: Wrought Iron
    • Has view: Yes
    • View description: Desert, Mountain(s)
    Lot
    • Size: 5.21 Acres
    • Features: Desert Back, Desert Front, Natural Desert Back, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
    Details
    • Parcel number: 21622022

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Synthetic Stucco, Wood Frame, Low VOC Paint, Painted, Stone
    • Roof: Foam
    Condition
    • Complete Spec Home
    • New construction: No
    • Year built: 2025
    Details
    • Builder name: Steve Jensen Homes
    • Warranty included: Yes

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: City Water
    Green energy
    • Water conservation: Tankless Ht Wtr Heat, Recirculation Pump

    Community & neighborhood

    Security
    • Security features: Fire Sprinkler System
    Community
    • Community features: Gated
    Location
    • Region: Carefree
    • Subdivision: OCOTILLO RIDGE ESTATES

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $465 quarterly
    • Services included: Maintenance Grounds, Street Maint
    • Association name: Ocotillo Ridge
    • Association phone: 480-820-3451

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    4/17/2026Sold$4,715,000-5.7%$898/sqft
    Source: ARMLS #6928666 Report a problem
    3/16/2026Pending sale$4,999,950$952/sqft
    Source: ARMLS #6928666 Report a problem
    2/6/2026Price change$4,999,950-4.8%$952/sqft
    Source: ARMLS #6928666 Report a problem
    10/3/2025Listed for sale$5,250,000+1%$1,000/sqft
    Source: ARMLS #6928666 Report a problem
    5/24/2024Listing removed$5,199,950$990/sqft
    Source: Engel & Volkers #6698592 Report a problem
    4/30/2024Listed for sale$5,199,950+642.8%$990/sqft
    Source: ARMLS #6698592 Report a problem
    4/24/2024Sold$700,000+148.2%$133/sqft
    Source: Public Record Report a problem
    3/1/2021Sold$282,000+3.8%$54/sqft
    Source: Public Record Report a problem
    1/22/2003Sold$271,600$52/sqft
    Source: Public Record Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 85377

    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
    $4,711,800
    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
    $4,711,800