NOT LISTED FOR SALE

5840 E Ocotillo Rd Cave Creek, AZ 85331

Cave Creek Area

Estimated Value: $2,185,000 - $3,593,000

3 Beds
4.5 Baths
4,204 Sq Ft
$663/Sq Ft Est. Value

Sale Details

Date Sold: March 7, 2024

Last sale price $3,650,000 $868 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $15,667 / mo

103 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • RV Garage
  • Black Mountain Elementary School Rated A-
  • Heated Pool
  • 7.84 Acre Lot

About This Home

As of March 2024

The Crown Jewel of Cave Creek perched hillside with 7.91 acre of lush desert scape, abundant with saguaros and 360 degree views! Bring your horses and your horse power to this timeless and rare custom home with breathtaking views and an 5000 sq ft show garage and 3000 sq ft show barn. Enjoy three primary suites each with en-suites with double sinks, walk in showers, and jet spa tubs in two of them. Open concept floor plan with a massive great room with 16' vaulted ceilings and giant windows that provide breathtaking views. The kitchen is situated in the center of the home, making this home the perfect place to entertain guests and family. Large laundry room with connection to the house garage. 21/4'' granite countertops and wood cabinetry throughout. Enjoy a glass of wine and fiery sunsets on the 3000 sq ft patio

and watch the sunrise alongside black mountain. The resort style infinity edge pool, with a swim up bar, looks out to the jaw dropping mountains of Elephant View. The built-in barbecue, entertaining space, and 9 fire features including a fireplace and a fire pit with built-in seating create the perfect ambiance for entertaining. Have big toys? Lots of cars? This place has a garage to store them! 50' x 100' garage with room to park approximately 25 cars, or 3 diesel pusher motorhomes. 14' garage doors on either side so you can pull through easily. The 20' ceiling makes it possible to add car lifts.This fully custom garage has 20' ceilings boasting sandblasted wood beams, custom iron work, stained and polished concrete floors, and full RV hookups. The barn is second to none with the sandblasted wood beam ceilings, custom iron work, custom lighting and hitching posts you will forget that you are in a barn! This beautiful, yet functional, state of the art barn offers 5 stalls with runs out the back, automatic waterers, water meter to measure water intake, fans, a tack room that has built-in cabinetry and 21/4" granite countertops, hot and cold wash racks, polylast floors throughout, a washing machine, and full bath. The property has a 60' round pin and miles and miles of trail rides into the mountains or just a short ride into the town of Cave Creek. This is a property for even the most discerning buyer. Pride of ownership and impeccable craftsmanship is abundantly clear. Don't miss out on this rare opportunity to have it all! Location, views, luxury, horses and horsepower!

Last Agent to Sell the Property

Ashley Barritt

Jason Mitchell Real Estate License #SA701115000 Listed on: 10/19/2023

Jason Mitchell Real Estate

Co-Listed By

Lauren Ballard

Jason Mitchell Real Estate License #SA661158000

Last Buyer's Agent

Chris Meyer

Compass License #SA039727000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,137

Year Built

  • Built in 1980

Lot Details

  • 7.84 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 28 Car Detached Garage
  • 5 Open Parking Spaces
  • RV Garage

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 4,204 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Family Room with Fireplace
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Floors Updated in 2022
  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Smart Home

Pool

  • Heated Pool
  • Heated Spa

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Fire Pit
  • Built-In Barbecue

Schools

  • Black Mountain Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Horse Facilities and Amenities

  • Horse Automatic Waterer
  • Horses Allowed On Property
  • Tack Room

Utilities

  • Central Air
  • Heating Available
  • Propane
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Hallway
  • Barn

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Loringwood Est. Lots 23 29 Subdivision

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 211-05-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,137

Year Built

Built in 1980

Lot Details

7.84 Acres

Parking

28

Listing Details

  • Cross Street: Cave Creek Road and Spur Cross Road
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2022
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2020
  • Parking Spaces Slab Parking Spaces: 5.0
  • Parking Spaces Total Covered Spaces: 28.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Spa Private: Yes
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 7.84
  • Co List Office Mls Id: jmre001
  • Co List Office Phone: 480-522-1030
  • Subdivision Name: LORINGWOOD EST. LOTS 23-29
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 868.22
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Electric Cooktop
  • Accessibility Features: Accessible Hallway(s)
  • Total Bedrooms: 3
  • Fireplace Features: Fire Pit, Exterior Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Granite Counters, Double Vanity, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 4204.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Other
  • Exterior Features: Private Street(s), Built-in Barbecue
  • Lot Features: Desert Back, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Heated, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail, Well Disclosure
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Patio
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes
  • Fireplace Features Exterior Fireplace: Yes
  • General Property Description:Community Pool YN2: No
  • General Property Description:Private Pool YN2: Yes

Garage/Parking

  • Total Covered Spaces: 28.0
  • Parking Features: Detached, RV Garage
  • Attached Garage: No
  • Garage Spaces: 28.0
  • Open Parking Spaces: 5.0
  • Parking Features:Detached: Yes
  • Parking Features:RV Garage: Yes

Utilities

  • Utilities: Propane
  • Cooling: Central Air
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Well
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Horse Amenities: Auto Water, Barn, Tack Room
  • Land Lease: No
  • Lot Size Sq Ft: 341432.0
  • Parcel #: 211-05-002

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 4137.0
  • Tax Book Number: 211.00
  • Tax Lot: 36
  • Tax Map Number: 5.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Mar 7, 2024
Sold by
Bought by
Seller's Agent
Ashley Barritt
Jason Mitchell Real Estate
Buyer's Agent
Chris Meyer
Compass
List Price
$3,800,000
Sold Price
$3,650,000
Premium/Discount to List
-$150,000
-3.95%
Views
68
Current Estimated Value
$2,785,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$864,822
Avg. Annual Appreciation
-10.66%

Purchase Details

Closed on
Jun 23, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
0.0572%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
0.0572%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2001
Sold by
Bought by

Purchase Details

Closed on
May 21, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,650,000 Capital Title
-- Equity Title Agency Inc
$1,375,000 Equity Title Agency Inc
$545,000 Stewart Title & Trust
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,300,000
Previous Owner $400,000
Previous Owner $440,000
Previous Owner $175,000
Previous Owner $1,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/07/2024 03/07/24 Sold $3,650,000 -3.9% $868 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $3,800,000 +4.1% $904 / Sq Ft
12/06/2023 12/06/23 Off Market $3,650,000 -- --
10/19/2023 10/19/23 For Sale $3,800,000 -- $904 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,474 $96,407
2024 $4,220 $91,816
2023 $4,220 $137,600 $27,520 $110,080
2022 $4,137 $113,860 $22,770 $91,090
2021 $4,512 $111,980 $22,390 $89,590
2020 $4,438 $107,910 $21,580 $86,330
2019 $4,990 $84,050 $16,810 $67,240
2018 $5,408 $84,380 $16,870 $67,510
2017 $3,937 $75,510 $15,100 $60,410
2016 $4,260 $79,980 $15,990 $63,990
2015 $3,960 $79,480 $15,890 $63,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6619617

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-05-002

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