$339,425
SOLD MAR 27, 2025

7150 E Panorama Dr -- Cave Creek, AZ 85331

5.47 Acres
$62,052 Price per Acre
238,273 Sq Ft Lot

Recently Sold

13% Below List Price

76 Days on Market

Highlights

  • Horses Allowed On Property
  • City Lights View
  • No HOA
  • Black Mountain Elementary School Rated A-
  • 5.47 Acre Lot

About This Lot

As of March 2025

Incredible opportunity to build your dream home on a pristine 5.47-acre lot in Panoramic Estates. Forum Design Group has created
preliminary designs for a stunning 4,702 sq ft contemporary home. The property offers unobstructed panoramic views of
Pinnacle Peak, Black and Elephant mountains, city lights, breathtaking sunsets, and serene starry nights. Water and electricity are on-site, with easy
access to Cave Creek, shopping, dining, hiking, and equestrian trails. Optimal north/south exposure facilitates potential solar energy use. Sale includes building site geotechnical evaluation, along with conceptual house plans and site plans. OWNER WILL CARRY

Last Agent to Sell the Property

Kendall Weesner

Long Realty Covey Luxury Properties License #SA645571000 Listed on: 12/08/2024

Long Realty Covey Luxury Properties

Co-Listed By

Griffin Weesner

Long Realty Covey Luxury Properties License #SA702202000

Last Buyer's Agent

Zachary Hawker

Compass License #SA651916000

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,188

Lot Details

  • 5.47 Acre Lot
  • Property is zoned DR-190

Property Views

  • City Lights
  • Mountain

Horse Facilities and Amenities

  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Panoremic Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 216-86-004-D

Property Details

Property Type

Land

Est. Annual Taxes

$1,188

Lot Details

0

Listing Details

  • Property Type: Land
  • Zoning: DR-190
  • Tax Year: 2024
  • Horses: Yes
  • Lot Size Acres: 5.47
  • Co List Office Mls Id: cove001
  • Co List Office Phone: 928-537-8510
  • Subdivision Name: Panoremic Estates
  • Tax Parcel Letter: D
  • View:Mountain View(s): Yes
  • View:City Light View(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • View: Mountain(s), City Light(s)
  • Disclosures: Development Pln Aval

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: -
  • Lot Size Sq Ft: 238311.0
  • Additional Parcels: No
  • Parcel #: 216-86-004-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1188.0
  • Tax Book Number: 216.00
  • Tax Lot: -
  • Tax Map Number: 86.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2025 03/27/25 Sold $339,425 -11.8% --
02/22/2025 02/22/25 Pending -- -- --
01/29/2025 01/29/25 Price Changed $385,000 -1.0% --
12/08/2024 12/08/24 For Sale $389,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6792287

Arizona Regional Multiple Listing Service (ARMLS)