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Sold for $2,925,000
  • $2,925,000

    5381 E BUTTE CANYON Circle, Cave Creek, AZ 85331

    6beds
    7baths
    4,930sqft
    Single Family Residence
    Built in 2016
    4.84 Acres Lot
    $3,207,500 Zestimate®
    $593/sqft
    $7,887 Estimated rent

    Home value

    $3,207,500

    $2.82M - $3.66M

    $7,887/mo

    Zestimate® history
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    What's special

    Nestled in the serene Canyon Ridge Estates of Cave Creek, this stunning residence spans an expansive 4.8 acres, ensuring privacy and tranquility. The gated courtyard leads to a five-car garage with covered access to the home. The bright interiors begin with a reception foyer flanked by an office and a formal dining room. The main living area features a living room and a chef's kitchen under a coffered ceiling. Large sliding glass doors open to reveal a classic swimming pool with underwater seating beside a sunken bar, a firepit, and a detached one-bedroom guest house. The primary bedroom suite offers a spacious bedroom, a beautifully appointed bathroom, and dual fitted closets. With numerous additional bedroom suites and an executive office, this home epitomizes luxurious desert living. Home sold fully furnished as shown

    Zillow last checked:

    Listing updated:

    Listed by:

    Shawna Perkins 480-795-0128,

    Russ Lyon Sotheby's International Realty,

    Mark Thomas 201-707-0543,

    Russ Lyon Sotheby's International Realty

    Bought with:

    Barbara A Miller, SA035787000

    Russ Lyon Sotheby's International Realty

    Source: ARMLS,MLS#: 6716087MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 7
    Heating
    • Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s), Programmable Thmstat
    Appliances
    • Included: Dryer, Washer, Water Softener Owned, Built In Recycling, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven, Gas Cooktop
    • Laundry: Engy Star (See Rmks)
    Features
    • Pantry, High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, No Interior Steps, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Carpet, Tile, Wood
    • Windows: Low Emissivity Windows, Double Pane Windows, Vinyl Frame
    • Has basement: No
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 4,930
    • Total interior livable area: 4,930 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage, Open
    • Garage spaces: 5
    • Uncovered spaces: 3
    Features
    • Stories: 1
    • Has private pool: Yes
    • Has spa: Yes
    • Spa features: Above Ground
    • Fencing: Wrought Iron
    Lot
    • Size: 4.84 Acres
    • Features: Desert Back, Desert Front
    Details
    • Parcel number: 21113165
    • Special conditions: Owner/Agent

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame, Painted, Stone
    • Roof: Tile
    Condition
    • Year built: 2016
    Details
    • Builder name: Richmond American Homes

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: City Water

    Community & HOA

    Community
    • Security: Fire Sprinkler System
    • Subdivision: CANYON RIDGE ESTATES
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds
    • HOA fee: $350 annually
    • HOA name: Canyon Ridge Estate
    • HOA phone: 602-861-5980
    Location
    • Region: Cave Creek

    Financial & listing details

    • Price per square foot: $593/sqft
    • Tax assessed value: $2,063,200
    • Annual tax amount: $4,954
    • Date on market: 10/8/2025
    • Cumulative days on market: 147 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/18/2024Sold$2,925,000-5.6%$593/sqft
    Source: ARMLS #6716087 Report a problem
    6/7/2024Listed for sale$3,100,000$629/sqft
    Source: ARMLS #6716087 Report a problem
    5/29/2024Listing removed$3,100,000$629/sqft
    Source: ARMLS #6707991 Report a problem
    5/20/2024Listed for sale$3,100,000$629/sqft
    Source: ARMLS #6707991 Report a problem
    12/15/2023Listing removed$3,100,000$629/sqft
    Source: ARMLS #6505370 Report a problem
    1/13/2023Listed for sale$3,100,000+17%$629/sqft
    Source: ARMLS #6505370 Report a problem
    7/18/2022Sold$2,650,000+1.9%$538/sqft
    Source: ARMLS #6411763 Report a problem
    6/5/2022Listed for sale$2,600,000+73.3%$527/sqft
    Source: ARMLS #6411763 Report a problem
    7/16/2018Sold$1,500,000$304/sqft
    Source: ARMLS #5753387 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,663 -3.2%$206,320 +1%
    2024$4,816 +2.3%$204,370 +71.9%
    2023$4,709 -16.3%$118,911 -1.5%
    2022$5,625 -6.8%$120,770 -2.7%
    2021$6,036 +2.9%$124,150 +8%
    2020$5,864 +3.5%$114,950 +0.5%
    2019$5,667 $114,410 -10.4%
    2018$5,667 -3.9%$127,630 +0.3%
    2017$5,897 +547.3%$127,220 +649.2%
    2016$911 +7.6%$16,980 -9.8%
    2015$846 $18,816 +38.5%
    2014-- $13,584 -0.1%
    2013-- $13,600 -61.4%
    2012-- $35,200 -55.4%
    2011-- $78,880 -3.3%
    2010-- $81,600 -45.4%
    2009-- $149,440 +28.9%
    2008-- $115,920 +87.9%
    2007-- $61,680 +14.9%
    2006-- $53,680 +6%
    2005-- $50,640
    2004-- $50,640 +87.7%
    2003-- $26,976 -40%
    2002-- $44,960
    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
    $3,207,500
    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
    $3,207,500