4511 E Peak View Rd, Cave Creek, AZ 85331

3 beds2 baths1,983 sqft Edit

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Sold: $1,400,000
Sold on 09/18/14
Zestimate®: $372,095
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My Notes

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Excellent Development Potential! 7.21 acres (314,017sf). This Property is presently zoned S2 and RE-35 however the adjacent property to the north and west is Zoned R1-6 (1 home per 6000sf lot). While operating your horse ranch apply for R1-6 zoning. There is an excellent chance to obtain the same zoning(35 to 45 Lots). The Ranch includes: Main Residence with Large Great Room w/ Vaulted Ceilings & Rock Fireplace, 2 Car Garage & 2 Car Carport / Guest House ~ 1 Bedroom / 3 Bedroom Apartment / 64 Stalls in 3 Breezeway Barns + Tack & Wash Stalls / 19 Pens / 2 Riding Arenas / Turn Outs / Hot Walker / 32' Trailer w/Shader / Ranch Office - Lounge in Training Barn.

Facts

  • Lot: 4.71 acres
  • Townhouse
  • Built in 1983
  • Views: 1,428 all time views
  • Cooling: Refrigeration
  • Heating: Other
  • Last sold: Sep 2014 for $1,400,000
  • Last sale price/sqft: $706

Features

  • Fireplace
  • Parking: Garage - Attached
  • Patio
  • View: Mountain

    Appliances Included

    • Dishwasher

    Room Types

    • Family room

    Construction

    • Construction quality:
      6.0
      Provided by the county assessor, this grade is based on a scale that varies by market. For more information, or to update the grade, contact the county assessor's office.
    • Exterior material: Wood
    • Roof type: Other
    • Room count: 5
    • Stories: 1
    • Structure type: Other
    • Unit count: 1

    Other

    • Floor size: 1,983 sqft
    • Heating: Electric
    • Parcel #: 21140335
    • Unit floor #: 1
    • Zillow Home ID: 81960475

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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    $372,095
    -$8,837 Last 30 days
    $353K
    $391K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

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    $2,169/mo
    -$9 Last 30 days
    $1.8K
    $3.1K
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    Popularity on Zillow

    1,428 all-time views
    of this home (chart)

    Comparable Homes

    Homes like this sold for $240-508K.

    $210K
    $540K

    Mortgages

    Neighborhood: Desert View

    Zillow predicts Desert View home values will increase 2.3% next year, compared to a 4.1% rise for Phoenix as a whole. Among Desert View homes, this home is valued 7.9% more than the midpoint (median) home, and is valued 322.8% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Desert View, the number of foreclosures waiting to be sold is 60.6% less than in Phoenix, and 5.7% greater than the national average. This lower local number could help Desert View home values rise more quickly than other regions in Phoenix.

    Learn more about forecast calculations or Desert View home values.
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