Nestled on over 2.3 acres of breathtaking property with panoramic mountain and desert views, this exceptional home offers the perfect blend of luxury, comfort, and functionality. Featuring 3 spacious bedrooms and 2.5 baths, with two living areas plus formal dining, the residence boasts a 3-car attached garage plus an impressive detached 40x50-ft garage—ideal for car enthusiasts, hobbyists, or extra storage. The gourmet kitchen is a chef's dream, complete with granite countertops, stainless steel appliances including double wall ovens plus a built-in microwave, a large island with breakfast bar, and a wet bar for effortless entertaining. Cozy fireplaces warm both the family room and the serene primary suite, which also includes custom built-ins in the walk-in closet. Step outside to your private park-like oasis, where a negative edge Pebble Tec pool with in-floor cleaning and rock waterfall and lush green lawn create a resort-style retreat. View fencing ensures uninterrupted vistas, and the covered patio provides a space to relax and enjoy the views. Other features include an RV gate with concrete slab and RV clean out, a private well, a newer roof (2020), and much more!
Sold for $1,550,000
$1,550,000
5502 E NEW RIVER Road, Cave Creek, AZ 85331
3beds
3,872sqft
Single Family Residence
Built in 1999
2.37 Acres Lot
$1,538,100 Zestimate®
$400/sqft
$7,086 Estimated rent
Home value
$1,538,100
$1.42M - $1.68M
$7,086/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: November 12, 2025 at 03:26pm
Listed by:
Beth M Rider 602-315-8749,
Keller Williams Arizona Realty
Bought with:
Michael Johnson, SA559678000
HomeSmart
Source: ARMLS,MLS#: 6937200
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Other
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Gas Cooktop
Features
- High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Carpet, Tile
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Family Room, Master Bedroom, Gas
Interior area
- Total structure area: 3,872
- Total interior livable area: 3,872 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Detached, RV Garage
- Garage spaces: 5
Features
- Stories: 1
- Patio & porch: Covered, Patio
- Has private pool: Yes
- Spa features: None
- Fencing: Block,Wrought Iron
- Has view: Yes
- View description: Desert, Mountain(s)
Lot
- Size: 2.37 Acres
- Features: Sprinklers In Rear, Desert Back, Desert Front, Grass Back
Details
- Parcel number: 21147131C
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Painted, Stone
- Roof: Tile
Condition
- Year built: 1999
Utilities & green energy
- Sewer: Septic Tank
- Water: Private Well
- Utilities for property: Propane
Community & neighborhood
Security
- Security features: Security System Owned
Location
- Region: Cave Creek
- Subdivision: METES AND BOUNDS
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2025 | Sold | $1,550,000-10.1%$400/sqft |
Source:  ARMLS #6937200 Report a problem | ||
| 10/29/2025 | Price change | $1,725,000-1.4%$446/sqft |
Source: ARMLS #6937200 Report a problem | ||
| 10/22/2025 | Listed for sale | $1,750,000$452/sqft |
Source: ARMLS #6937200 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,130 -0.2% | $134,550 -1.9% |
| 2024 | $3,137 +2.4% | $137,180 +69.4% |
| 2023 | $3,064 -3.2% | $80,972 -0.3% |
Find assessor info on the county website
Neighborhood: 85331
Nearby schools
GreatSchools rating
- 8/10Black Mountain Elementary SchoolGrades: K-6Distance: 1.4 mi
- 10/10Cactus Shadows High SchoolGrades: 8-12Distance: 1.7 mi
- 3/10Sonoran Trails Middle SchoolGrades: 6-8Distance: 5.3 mi
Schools provided by the listing agent
- Elementary: Black Mountain Elementary School
- Middle: Cactus Shadows High 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
$1,538,100
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
$1,538,100
- Arizona
- Maricopa County
- Cave Creek
- 85331
- 5502 E NEW RIVER Road