For sale

Price cut: $54K (5/7)

$1,095,000

8502 E CAVE CREEK Road #61, Carefree, AZ 85377

2beds

2,203sqft

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Townhouse

Built in 1986

960 Square Feet Lot

$-- Zestimate^®

$497/sqft

$301/mo HOA

What's special

Mountain viewsPrivate wet barTwo unique master bedrooms

Signicant price reduction. Lower price per square foot than ALL sales in the last 2 years. Way lower! Motivated seller wants an offer! This is the original model home for this popular community with two unique master bedrooms! And the end unit has lots of space! One bedroom has access to a stunning private courtyard patio with outdoor kitchen and living area, the Master has a private entrance with a security door to the pool and backyard. There's also a large dedicated office space in the Great Room. Private pool area screened by natural vegetation and with mountain views. Soaring fireplace with stacked native stone, From the Sub Zero with glass doors, to private wet bar, Guest patio in the front with separate entry. A showcase residence you'll be proud to own! See the video tour

173 days

354

9

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Facts & features

Interior

Bedrooms & bathrooms

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

Heating

Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Dryer, Washer, Water Softener Owned, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven, Gas Cooktop
Laundry: Inside

Features

High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Wet Bar, Full Bth Master Bdrm, Separate Shwr & Tub
Flooring: Carpet, Stone
Windows: Skylight(s), Double Pane Windows
Has basement: No
Number of fireplaces: 3
Fireplace features: Exterior Fireplace, Gas

Interior area

Total structure area: 2,203
Total interior livable area: 2,203 sqft

Property

Parking

Total spaces: 4
Parking features: Garage Door Opener, Attch'd Gar Cabinets
Garage spaces: 2
Uncovered spaces: 2

Features

Stories: 1
Patio & porch: Covered, Patio
Exterior features: Private Street(s), Private Yard, Tennis Court(s), Built-in Barbecue
Has private pool: Yes
Pool features: Fenced
Spa features: None
Fencing: Wrought Iron

Lot

Size: 960 Square Feet
Features: North/South Exposure, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back

Details

Parcel number: 21626190B

Construction

Type & style

Home type: Townhouse
Architectural style: Territorial/Santa Fe
Property subtype: Townhouse
Attached to another structure: Yes

Materials

Stucco, Wood Frame
Roof: Foam

Condition

Year built: 1986

Utilities & green energy

Sewer: Public Sewer
Water: City Water

Community & HOA

Community

Features: Pool, Gated, Community Spa, Community Spa Htd, Tennis Court(s), Biking/Walking Path
Subdivision: SKYRANCH PHASE 1

HOA

Has HOA: Yes
Services included: Maintenance Grounds, Street Maint, Trash
HOA fee: $904 quarterly
HOA name: Skyranch
HOA phone: 480-994-4479

Location

Region: Carefree

Financial & listing details

Price per square foot: $497/sqft
Tax assessed value: $866,600
Annual tax amount: $1,634
Date on market: 1/17/2026
Cumulative days on market: 173 days
Listing terms: Cash,Conventional
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/7/2026	Price change	$1,095,000-4.7%$497/sqft
Source: ARMLS #6970312 Report a problem
3/7/2026	Price change	$1,149,000-4.2%$522/sqft
Source: ARMLS #6970312 Report a problem
1/17/2026	Listed for sale	$1,199,000-7.7%$544/sqft
Source: ARMLS #6970312 Report a problem
12/1/2025	Listing removed	$1,299,000$590/sqft
Source: ARMLS #6860776 Report a problem
5/2/2025	Listed for sale	$1,299,000+117.2%$590/sqft
Source: ARMLS #6860776 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
4/2/2018	Listing removed	$598,000+8.7%$271/sqft
Source: Owner Report a problem
12/21/2017	Sold	$550,000-8%$250/sqft
Source: Public Record Report a problem
12/18/2017	Pending sale	$598,000$271/sqft
Source: Owner Report a problem
10/22/2017	Price change	$598,000-0.3%$271/sqft
Source: Owner Report a problem
10/9/2017	Listed for sale	$599,900-2.5%$272/sqft
Source: Owner Report a problem
7/1/2016	Listing removed	$615,000$279/sqft
Source: Owner Report a problem
6/5/2016	Pending sale	$615,000$279/sqft
Source: Owner Report a problem
5/22/2016	Listed for sale	$615,000+48.2%$279/sqft
Source: Owner Report a problem
1/9/2005	Sold	$415,000+62.7%$188/sqft
Source: ARMLS #2223716 Report a problem
1/7/1994	Sold	$255,000$116/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,490 -3.5%	$86,660 -2.4%
2024	$1,544 -36.1%	$88,820 +64.1%
2023	$2,417 -5.6%	$54,142 -5.1%
2022	$2,561 -6.8%	$57,050 +5.5%
2021	$2,748 +2.9%	$54,070 +12.9%
2020	$2,670 +3.5%	$47,910 +6.1%
2019	$2,580	$45,160 -1.5%
2018	$2,580 +22.5%	$45,860 +7.5%
2017	$2,107 +6.3%	$42,650 +1%
2016	$1,982 +8.1%	$42,210 +10.9%
2015	$1,834	$38,070 +9.1%
2014	--	$34,900 +2%
2013	--	$34,200 -0.6%
2012	--	$34,400 -0.6%
2011	--	$34,600 -21.5%
2010	--	$44,050 +2.2%
2009	--	$43,100 -5%
2008	--	$45,350 +13.2%
2007	--	$40,050 +29.2%
2006	--	$31,000
2005	--	$31,000 +7.3%
2004	--	$28,900
2003	--	$28,900 +15.6%
2002	--	$25,000

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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