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$4,715,000
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Property Description
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
Full Property Details for 38777 N Ocotillo Ridge Dr
General
- Sold For: $4,715,000
- HOA FEE: $155/month
- HOA FEE FREQ.: Quarterly
- Taxes: $1,820 (2024)
- Status: Closed
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6928666
- Added to Site: 227 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Walk-in Pantry, Non-laminate Counter, 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: Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, 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
Other Rooms
- Laundry: Inside
Additional Information
- Pool: Yes
- Pool Description: Outdoor, 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: HVAC SEER Rating, 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
- Fencing (Description): Wrought Iron
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
Sold by Retsy
Get Pre-Approved Today
Schools
Schools serving 38777 N Ocotillo Ridge Dr
School District:Cave Creek Unified District
| Name | Grades | Distance |
|---|---|---|
Black Mountain Elementary School, Scottsdale, AZ 33606 N 60th St, Scottsdale, AZ 85266 | PK-6 | 3.9 mi |
Cactus Shadows High School 5802 E. Dove Valley Rd., Scottsdale, AZ 85266 | 9-12 | 4.2 mi |
Sonoran Trails Middle School 5555 East Pinnacle Vista Drive, Phoenix, AZ 85085 | 7-8 | 7.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 38777 N Ocotillo Ridge Dr
Date
Details
Price
Change
Source
4/17/2026
Sold
$4,715,000
-5.7%
MLS
2/06/2026
Price Reduced
$4,999,950
-4.76%
MLS
10/03/2025
Listed
$5,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Home Warranty : Included
38777 N Ocotillo Ridge Drive, Carefree, AZ 85377 (MLS# 6928666) is a Single Family property that was sold at $4,715,000 on April 17, 2026. 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.

