Nestled on 5 picturesque acres, this exceptional property offers breathtaking panoramic views and a rare opportunity to own acreage in a truly scenic setting. Surrounded by hiking and horseback riding trails, its an ideal retreat for outdoor enthusiasts and those seeking room for horses and recreational pursuits. The property features a private well and a Generac generator, providing added convenience and peace of mind. Move right in and enjoy the home as it is, or bring your vision and transform it into the custom estate of your dreams. With endless potential, incredible privacy, and an unbeatable natural setting, this is a unique opportunity you wont want to miss!
For sale
Price cut: $150K (8/26)
$1,250,000
40522 N 50TH Street, Cave Creek, AZ 85331
3beds
3,449sqft
Single Family Residence
Built in 2001
5.03 Acres Lot
$-- Zestimate®
$362/sqft
$-- HOA
What's special
Breathtaking panoramic viewsUnbeatable natural setting
- 27 days
- 2,164
- 122
Zillow last checked:
Listing updated:
Listed by:
Micaela C Patterson 480-229-8563,
Fathom Realty Elite
Source: ARMLS,MLS#: 7065316
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Built-in Microwave, Dishwasher, Disposal, Electric Cooktop
- Laundry: Inside
Features
- Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Carpet, Tile
- Windows: Double Pane Windows
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 3,449
- Total interior livable area: 3,449 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage Door Opener, Extended Length Garage, Direct Access, Side Vehicle Entry
- Garage spaces: 3
- Uncovered spaces: 3
Features
- Stories: 1
- Patio & porch: Covered, Patio
- Spa features: None
- Fencing: Block,Partial
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 5.03 Acres
- Features: Hillside Lot, Desert Front, Natural Desert Back, Natural Desert Front
Details
- Parcel number: 21159006P
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Territorial/Santa Fe
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Painted
- Roof: Built-Up
Condition
- Year built: 2001
Utilities & green energy
- Sewer: Septic Tank
- Water: Shared Well
Community & HOA
Community
- Subdivision: Metes and Bounds
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Cave Creek
Financial & listing details
- Price per square foot: $362/sqft
- Tax assessed value: $1,020,500
- Annual tax amount: $3,300
- Date on market: 8/11/2026
- Cumulative days on market: 27 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Price change | $1,250,000-10.7%$362/sqft |
Source:  ARMLS #7065316 Report a problem | ||
| 8/11/2026 | Listed for sale | $1,400,000+33.3%$406/sqft |
Source: ARMLS #7065316 Report a problem | ||
| 9/18/2018 | Listing removed | $1,050,000$304/sqft |
Source: MCG Realty #5794089 Report a problem | ||
| 9/17/2018 | Price change | $1,050,000-11%$304/sqft |
Source: MCG Realty #5794089 Report a problem | ||
| 12/13/2017 | Price change | $1,179,500+20.4%$342/sqft |
Source: MCG Realty #5698150 Report a problem | ||
| 1/25/2014 | Listed for sale | $980,000-22.5%$284/sqft |
Source: HomeSmart #5059673 Report a problem | ||
| 12/20/2013 | Listing removed | $1,265,000$367/sqft |
Source: Ironwood Realty Group #4970760 Report a problem | ||
| 7/20/2013 | Listed for sale | $1,265,000+622.9%$367/sqft |
Source: Ironwood Realty Group #4970760 Report a problem | ||
| 12/7/1999 | Sold | $175,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,010 -0.2% | $102,050 +0.8% |
| 2024 | $3,016 +2.4% | $101,250 +30% |
| 2023 | $2,946 -3.2% | $77,862 +4.7% |
| 2022 | $3,043 -9.6% | $74,380 -0.7% |
| 2021 | $3,367 -1.4% | $74,870 +11.3% |
| 2020 | $3,416 +1.2% | $67,260 +0.4% |
| 2019 | $3,375 | $67,010 +2.3% |
| 2018 | $3,375 +1.9% | $65,500 +1.3% |
| 2017 | $3,312 +6.3% | $64,660 -9.3% |
| 2016 | $3,117 +8.1% | $71,320 +12.1% |
| 2015 | $2,883 | $63,600 +15.9% |
| 2014 | -- | $54,870 -7.6% |
| 2013 | -- | $59,380 |
| 2012 | -- | $59,380 -11% |
| 2011 | -- | $66,720 -30.5% |
| 2010 | -- | $96,020 +16.5% |
| 2009 | -- | $82,410 -10.8% |
| 2008 | -- | $92,400 +12.1% |
| 2007 | -- | $82,450 +24.4% |
| 2006 | -- | $66,300 |
| 2005 | -- | $66,300 +34.6% |
| 2004 | -- | $49,260 |
| 2003 | -- | $49,260 +129.8% |
| 2002 | -- | $21,440 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 85331
Nearby schools
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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