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Sold for $2,240,000
  • $2,240,000

    5640 E RANCHO TIERRA Drive, Cave Creek, AZ 85331

    6beds
    3,653sqft
    Single Family Residence
    Built in 2015
    1.08 Acres Lot
    $2,102,500 Zestimate®
    $613/sqft
    $7,143 Estimated rent

    Home value

    $2,102,500

    $1.96M - $2.25M

    $7,143/mo

    Zestimate® history
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    What's special

    Water featureHeated poolBeautiful stone corner fireplaceBbq grillHot tubRustic wrought-iron entry doorSand pit
    This stunning luxury custom estate is nestled on a 1.08 acre private lot and is a true masterpiece! Spacious and flexible this wonderful property features the main home with 4 bedrooms, 3 full bathrooms and 1 half bath, plus the guest house has 2 bedrooms, 1 full bathroom, its own kitchen, and a huge flex/game room. There's plenty of room for family, friends, and entertaining. Or if you are looking for an amazing investment property with a proven track record for a VRBO/Airbnb rental, this is it! HUGE BONUS if you are a car enthusiast, or have lots of toys & hobbies, there is a 2,200 sf RV temp-controlled garage and an 1,100 sf temp-controlled shop that match the main home. Upon entering through the rustic wrought-iron entry door of the main home, you will appreciate the level of ... quality and detail that make this beauty first class all the way. Features include an inspiring chef's kitchen with all the bells and whistles, en-suite bedrooms, handsome wood look tile t/o, 11' ceilings in the great room with a beautiful stone corner fireplace, and an intimate master retreat with dual entry doors, dual vanities with granite counters, his and her walk-in closets, a gorgeous rustic copper soak tub and an oversized shower with dual shower heads and tile surround. Plus, the handsome dual wrought-iron doors from the master retreat will draw you out to the true resort style entertainer's backyard where you will enjoy the transcending Arizona sunsets and majestic views of Black Mountain (w/great hiking), a large putting green with a sand pit, a heated pool with in-pool seating/bar, a water feature, hot tub, BBQ grill, stylish fire feature, and 2 huge covered patios with outdoor dining and plenty of room for gathering. Location! Location! Location! This prestigious area of Cave Creek, bordering North Scottsdale, can't be beat. Just minutes from the 5-star world renowned Boulder's Resort and Spa where you can enjoy a highly desired quality of life whether year-round or for seasonal visits. The Cave Creek and North Scottsdale area is where you will find unique homes with character, charm and a genuine retreat-like lifestyle. Golfers in particular enjoy being close to some of the world's most beautiful golf courses. Business professionals seek the North Scottsdale area because the lifestyle provides a true get-a-way from the hustle and bustle of their busy work week. There is so much to enjoy from the world's greatest classic car auction Barrett-Jackson, to the greatest show on grass, the Phoenix Open, and the premium Scottsdale Arabian Horse Show or Spring Training baseball games, art festivals, the best dining & shopping imaginable and so much more. All information deemed accurate. Buyer and/or agent to verify any and all material information/matters.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kathy Dietz 602.284.1157,

    HomeSmart,

    D Troy Holland 480-773-5792,

    HomeSmart

    Bought with:

    Scott Gaertner, BR023489000

    Keller Williams Arizona Realty

    Stephanie Thomas, SA685165000

    Keller Williams Arizona Realty

    Source: ARMLS,MLS#: 6616180MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Washer, Water Softener Owned, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven
    • Laundry: Inside
    Features
    • Pantry, High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Tile
    • Windows: Double Pane Windows
    • Has basement: No
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 3,653
    • Total interior livable area: 3,653 sqft

    Property

    Parking
    • Total spaces: 16
    • Parking features: RV Gate, Garage Door Opener, Extended Length Garage, Over Height Garage, Temp Controlled, Detached, RV Garage
    • Garage spaces: 10
    • Uncovered spaces: 6
    Features
    • Stories: 1
    • Patio & porch: Covered
    • Has private pool: Yes
    • Pool features: Heated
    • Has spa: Yes
    • Spa features: Heated, Private
    • Fencing: Block
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 1.08 Acres
    • Features: North/South Exposure, Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
    Details
    • Additional structures: Guest House
    • Parcel number: 21145002R

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame, Painted
    • Roof: Metal
    Condition
    • Year built: 2015

    Utilities & green energy

    • Water: City Water

    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: $613/sqft
    • Tax assessed value: $1,276,700
    • Annual tax amount: $2,783
    • Date on market: 3/15/2026
    • Cumulative days on market: 1 day
    • Listing terms: Owner May Carry,Cash,Conventional,1031 Exchange,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/27/2023Sold$2,240,000+12%$613/sqft
    Source: ARMLS #6616180 Report a problem
    10/12/2023Pending sale$2,000,000$547/sqft
    Source: ARMLS #6616180 Report a problem
    10/10/2023Listed for sale$2,000,000$547/sqft
    Source: ARMLS #6616180 Report a problem
    8/12/2022Listing removed$2,000,000$547/sqft
    Source: ARMLS #6410249 Report a problem
    8/11/2022Listed for sale$2,000,000$547/sqft
    Source: ARMLS #6410249 Report a problem
    7/27/2022Contingent$2,000,000$547/sqft
    Source: ARMLS #6410249 Report a problem
    6/2/2022Listed for sale$2,000,000+25%$547/sqft
    Source: ARMLS #6410249 Report a problem
    5/27/2021Sold$1,600,000-5.9%$438/sqft
    Source: ARMLS #6215883 Report a problem
    4/29/2021Pending sale$1,700,000$465/sqft
    Source: Berkshire Hathaway HomeServices #6215883 Report a problem
    4/2/2021Listed for sale$1,700,000$465/sqft
    Source: Berkshire Hathaway HomeServices #6215883 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,253 -0.2%$127,670 -6.1%
    2024$2,258 -14.1%$136,010 +131.2%
    2023$2,627 -5.6%$58,837 -29%
    2022$2,783 +9.4%$82,850 +6.8%
    2021$2,544 +3.1%$77,580 +16.1%
    2020$2,467 +3.9%$66,810 +1%
    2019$2,375 $66,150 +4.6%
    2018$2,375 +3.7%$63,260 +9.5%
    2017$2,289 +143.2%$57,770 +403.7%
    2016$941 +6.7%$11,470 -41.9%
    2015$882 $19,730 +10.7%
    2014-- $17,820 -10.5%
    2013-- $19,913 +90%
    2012-- $10,480 -37.6%
    2011-- $16,800 -58.6%
    2010-- $40,560 -5.8%
    2009-- $43,040 +63.5%
    2008-- $26,320 +44.9%
    2007-- $18,160 +15.2%
    2006-- $15,760 +36.8%
    2005-- $11,520
    Find assessor info on the county website

    Neighborhood: 85331

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lone 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
    $2,102,500
    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
    $2,102,500