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$5,250,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 4 Full Baths
  • 5.21 Acres
  • 4 Car Garage
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Steve Jensen Homes presents the pinnacle of luxury living in the prestigious gated community of Ocotillo Estates. Set on a sprawling 5.21 acres, this 5,252 sq. ft. masterpiece embodies both sophistication and comfort. From the moment you arrive, every detail reflects world-class craftsmanship and design. The great room's soaring 15' ceiling and statement fireplace set the stage for gatherings, while the chef's kitchen impresses with a waterfall-edge island, custom cabinetry, Wolf and Sub Zero appliances, premium countertops, and designer lighting. An adjacent bar with glass windows opening to the outdoors makes seamless entertaining effortless, complemented by a butler's pantry, mudroom, and expansive laundry suite. The primary retreat is a sanctuary with dual walk-in closets, a spa-inspired bath featuring a soaking tub under a chandelier, dual vanities, and a luxurious walk-in shower. Two additional bedrooms each with their own bathrooms offer privacy and comfort, while a flexible fourth bedroom/office/flex room adapts to your lifestyle needs. Outdoor living is reimagined with covered patios, a sparkling heated pool and spa, a gas fireplace and fire pit, and an outdoor barbeque perfect for evenings under the Arizona sky. Floor-to-ceiling glass blurs the line between indoors and out, inviting natural light and panoramic views into every space. Practical luxury abounds with a 4-car garage, abundant storage, and integrated smart home and energy-efficient systems. Blending modern elegance with timeless comfort, this residence is more than a home, it's a statement of refined desert living. And with its premier location, you're just minutes from Carefree and Cave Creek's finest restaurants, boutique shopping, championship golf, and world-class spas.

Full Property Details for 38777 N Ocotillo Ridge Dr

General

  • Price: $5,250,000
  • HOA FEE: $155/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $1,820 (2024)
  • Status: Active
  • Type: Single Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6928666
  • Updated: 11/17/2025
  • Added to Site: 107 day(s) ago

Interior

  • Number of Rooms: 7
  • Interior Features: High Speed Internet, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Appliances: Gas Cooktop, Built-In Electric Oven, Water Purifier
  • Flooring: Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Pool: Yes
  • Pool Description: Heated
  • Security/Safety: Fire Sprinkler System

Exterior

  • Exterior Features: Private Yard, Storage, Built-in Barbecue

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Parking Features: Garage Door Opener

Location

  • County: Maricopa
  • Township: 6N
  • Subdivision: OCOTILLO RIDGE ESTATES
  • Cross Streets: Cave Creek Rd and Tom Darlington

Community

  • Association: Yes
  • Assoc. Name: Ocotillo Ridge
  • Assoc. Fees Include: Maintenance Grounds, Street Maint

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), Programmable Thermostat
  • Heating Type: Electric, Ceiling

Utilities

  • Water: City Water

Structural Information

  • Architectural Style: Contemporary,
  • Builder: Steve Jensen Homes
  • Exterior Const.: Synthetic Stucco, Wood Frame, Low VOC Paint, Painted, Stone
  • Roof: Foam
  • Windows: Low-Emissivity Windows, Dual Pane
  • Sq. Ft. Source: Architect
  • Year Built: 2025
  • Property Condition: Complete Spec Home

Lot Features

  • Property View: Desert, Mountain(s)
  • Mountain views: Yes
  • Lot Size (Acres): 5.21
  • Lot Size (Sq. Ft.): 226,947
  • Lot Size Source: Assessor
  • Lot Features: Desert Back, Desert Front, Natural Desert Back, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back

Green Features

  • Water Conservation: Tankless Ht Wtr Heat, Recirculation Pump

Financial Considerations

  • Association Fee: $465
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $1,820
  • Tax Year: 2024
  • Terms: Cash, Conventional, 1031 Exchange

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: LOT 21 OCOTILLO RIDGE ESTATES MCR 047546
  • Property ID: 216-22-022
  • Range: 4E
  • Section: 26
  • Lot Number: 21

Listed by Engel & Voelkers Scottsdale

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— 38777 N Ocotillo Ridge Dr —

  • Engel & Voelkers Scottsdale

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 38777 N Ocotillo Ridge Dr

School District:Cave Creek Unified District
NameGradesDistance
Black Mountain Elementary School, Scottsdale, AZ
33606 N 60th St, Scottsdale, AZ 85266
PK-63.9 mi
Cactus Shadows High School
5802 E. Dove Valley Rd., Scottsdale, AZ 85266
9-124.2 mi
Sonoran Trails Middle School
5555 East Pinnacle Vista Drive, Phoenix, AZ 85085
7-87.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 38777 N Ocotillo Ridge Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/03/2025
Listed
$5,250,000
650%
MLS
4/23/2024
Sold
$700,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 38777 N Ocotillo Ridge Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,828
—
$65,610
14%
2024
$1,820
6%
$57,315
-8%
2023
$1,725
2%
$62,025
37%
2022
$1,691
—
$45,360
17%
2022
$1,691
-8%
$38,655
19%
2021
$1,844
-4%
$32,415
-1%
2020
$1,930
1%
$32,850
—
2019
$1,915
4%
$32,805
-6%
2018
$1,850
3%
$34,725
-1%
2017
$1,791
—
$35,190
9%
2016
$1,784
—
$32,190
15%
2015
$1,790
4%
$28,032
2%
2014
$1,715
-7%
$27,520
-8%
2013
$1,850
—
$29,760
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 38777 N Ocotillo Ridge Dr

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NMLS#: 1598647

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Listed by Engel & Voelkers Scottsdale

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38777 N Ocotillo Ridge Drive, Carefree, AZ 85377 (MLS# 6928666) is a Single Family property with 4 bedrooms and 4 full bathrooms. 38777 N Ocotillo Ridge Drive is currently listed for $5,250,000 and was received on October 03, 2025. Want to learn more about 38777 N Ocotillo Ridge Drive? Do you have questions about finding other Single Family real estate for sale in Carefree? You can browse all Carefree real estate or contact a Coldwell Banker agent to request more information.

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