NOT LISTED FOR SALE

7025 E Panorama Dr Cave Creek, AZ 85331

Cave Creek Area

Estimated Value: $1,363,000 - $2,110,120

3 Beds
3.5 Baths
5,290 Sq Ft
$342/Sq Ft Est. Value

Sale Details

Date Sold: April 22, 2025

Last sale price $1,925,000 $364 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $10,395 / mo

31 Days on Market

Highlights

  • Horses Allowed On Property
  • City Lights View
  • 2 Fireplaces
  • Private Pool
  • 4.34 Acre Lot
  • Bonus Room

About This Home

As of April 2025

Perched atop a hill with breathtaking 360-degree views, this stunning 3-bedroom, 3.5 -bathroom home seamlessly blends with the beauty of its desert surroundings. Designed for tranquility and privacy, the home also features an office and a den, currently set up as a media room, offering versatile living spaces. Slate flooring extends throughout the interior and onto the wraparound deck, where oxidized steel railings with rich red undertones complement the desert landscape. The spacious pool area, surrounded by an expansive deck, provides ample room for relaxation while taking in the panoramic vistas. Inside, the kitchen embraces warm, earthy tones with natural-look tile and an expansive breakfast bar that flows into the great room, where walls of windows frame the stunning scenery. The primary suite is a true retreat, featuring a spa-like bathroom with soothing neutral hues, creating the perfect space to unwind. This exceptional home offers a serene escape, where architecture and nature exist in perfect harmony.

Last Agent to Sell the Property

Brian North

Compass License #SA635186000 Listed on: 02/17/2025

Compass

Co-Listed By

Adam Bowman

Compass License #SA652392000

Last Buyer's Agent

Karla Clay

RE/MAX Fine Properties License #SA699020000

RE/MAX Fine Properties
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,443

Year Built

  • Built in 1984

Lot Details

  • 4.34 Acre Lot
  • Desert faces the front and back of the property
  • Hillside Location

Property Views

  • City Lights
  • Mountain

Home Design

  • Wood Frame Construction
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,290 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Double Pane Windows
  • Combination Dining and Living Room
  • Bonus Room

Kitchen

  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Double Vanity

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage
  • Built-In Barbecue

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Evaporated cooling system
  • Central Air
  • Heating System Uses Natural Gas
  • Propane
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Panoramic Estates Subdivision, Hilltop Floorplan

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 216-86-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,443

Year Built

Built in 1984

Lot Details

4.34 Acres

Listing Details

  • Cross Street: FROM CAVE CREEK RD GO N ON SCHOOLHOUSE
  • Property Type: Residential
  • Ownership: Fee Simple
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1984
  • Tax Year: 2024
  • Master Model: HILLTOP
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 4.34
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: PANORAMIC ESTATES
  • Architectural Style: Other
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 363.89
  • Const - Finish:Const - Finish: Painted, Stucco
  • Cooling:Cooling: Central Air, Evaporative Cooling
  • Other Rooms:Other Rooms: Bonus/Game Room
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: Private
  • Appliances: Dishwasher, Washer, Dryer, Water Softener Owned
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Double Vanity, Pantry, Kitchen Island, 9+ Flat Ceilings, Central Vacuum
  • Living Area: 5290.0
  • Stories: 1
  • Window Features: Dual Pane
  • Additional Bedroom:Additional Bedroom: Separate Bedroom Exit
  • Dining Area:Dining Area: Dining in LR/GR
  • Interior Features:Interior Features: 9+ Flat Ceilings, Central Vacuum, Water Softener Owned
  • Kitchen Features:Kitchen Features: Dishwasher, Pantry, Kitchen Island
  • Laundry:Laundry: Washer Included, Dryer Included, Inside
  • Master Bathroom:Master Bathroom: Full Bth Master Bdrm, Double Vanity
  • Window Features:Window Features: Dual Pane

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Storage, Built-in Barbecue
  • Lot Features: Hillside Lot, Desert Front, Desert Back
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Block, Wood Frame, Painted, Stucco
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Rolled/Hot Mop
  • General Property Description:Community Pool YN2: No
  • General Property Description:Private Pool YN2: Yes

Utilities

  • Utilities: Propane
  • Cooling: Central Air, Evaporative Cooling
  • Heating: Electric, Natural Gas
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Utilities:Utilities: APS, Propane

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:PAD Fee YN2: N

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

  • Land Lease: No
  • Lot Size Sq Ft: 189179.0
  • Parcel #: 216-86-003

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 4443.48
  • Tax Book Number: 216.0
  • Tax Lot: 3
  • Tax Map Number: 86.0

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
Feb 17, 2025
Closed on
Apr 17, 2025
Sold by
Bought by
Seller's Agent
Brian North
Compass
Buyer's Agent
Karla Clay
RE/MAX Fine Properties
List Price
$2,250,000
Sold Price
$1,925,000
Premium/Discount to List
-$325,000
-14.44%
Views
47
Current Estimated Value
$1,810,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$114,470
Avg. Annual Appreciation
-4.68%
Original Mortgage
$1,500,000
Outstanding Balance
$1,476,317
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$334,213

Purchase Details

Closed on
Jul 6, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,925,000 Chicago Title Agency
$430,000 Lawyers Title Ins
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 $1,500,000
Previous Owner $640,000
Previous Owner $219,545
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
04/22/2025 04/22/25 Sold $1,925,000 -14.4% $364 / Sq Ft
02/17/2025 02/17/25 For Sale $2,250,000 -- $425 / 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 $5,320 $114,638
2024 $4,256 $109,179
2023 $4,256 $103,980 $20,790 $83,190
2022 $4,239 $103,670 $20,730 $82,940
2021 $4,637 $95,120 $19,020 $76,100
2020 $4,880 $94,720 $18,940 $75,780
2019 $4,694 $94,360 $18,870 $75,490
2018 $4,499 $85,950 $17,190 $68,760
2017 $4,391 $91,760 $18,350 $73,410
2016 $4,417 $87,850 $17,570 $70,280
2015 $4,106 $80,820 $16,160 $64,660
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6822003

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-86-003

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