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$417,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 1 Full Bath
  • 2 Car Garage
  • Updated 1 day ago
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Happy Hollow is the Melrose Place of Carefree, Arizona. Tucked into an intimate enclave of only 13 residences, this completely remodeled unit captures the rare blend of lifestyle, charm, privacy, and community that owners here never want to leave. In fact, many sales happen quietly off market as current residents often choose to ''upgrade within'' the community rather than leave it. Surrounded by incredible mountain views, glowing Arizona sunsets, and the unique character that makes Carefree so beloved, this residence offers a lock-and-leave lifestyle without sacrificing warmth or personality. Thoughtfully updated throughout, the home blends modern finishes with the relaxed architectural vibe Happy Hollow is known for. This home features one of the few private yard spaces.

Full Property Details for 7501 E Happy Hollow Dr #5

General

  • Price: $417,000
  • HOA FEE: $315/month
  • Taxes: $495 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7028103
  • Updated: 5/14/2026
  • Added to Site: 1 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Appliances: Refrigerator, Built-in Microwave, Dishwasher, Electric Range
  • Flooring: Other

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Wshr/Dry HookUp Only

Parking

  • Garage: Yes
  • Garage Spaces: 2

Location

  • County: Maricopa
  • Township: 6N
  • Subdivision: CAREFREE VILLAS
  • Cross Streets: Cave Creek/N. Tranquil Trail

Community

  • Association: Yes
  • Assoc. Name: Carefree Villas
  • Assoc. Fees Include: Roof Repair, Insurance, Maintenance Grounds, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Electric

Utilities

  • Water: City Water

Structural Information

  • Architectural Style: Spanish,
  • Exterior Const.: Stucco, Block
  • Roof: Tile
  • Windows: Single Pane, Dual Pane
  • Sq. Ft. Source: Assessor
  • Year Built: 1974

Lot Features

  • Property View: Desert, Mountain(s)
  • Mountain views: Yes
  • Lot Size (Sq. Ft.): 127
  • Lot Size Source: Assessor
  • Lot Features: Desert Front, Gravel/Stone Front, Gravel/Stone Back

Financial Considerations

  • Association Fee: $315
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $495
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: LOT 5 CAREFREE VILLAS MCR 016312
  • Property ID: 216-83-591
  • Range: 4E
  • Section: 35
  • Lot Number: 5

Listed by Real Broker

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— 7501 E Happy Hollow Dr #5 —

  • Real Broker

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 7501 E Happy Hollow Dr #5

School District:Cave Creek Unified District
NameGradesDistance
Black Mountain Elementary School, Scottsdale, AZ
33606 N 60th St, Scottsdale, AZ 85266
PK-63.1 mi
Cactus Shadows High School
5802 E. Dove Valley Rd., Scottsdale, AZ 85266
9-123.4 mi
Sonoran Trails Middle School
5555 East Pinnacle Vista Drive, Phoenix, AZ 85085
7-86.8 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 7501 E Happy Hollow Dr #5 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/14/2026
Listed
$417,000
87.84%
MLS
4/14/2017
Sold
$222,000
—
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 7501 E Happy Hollow Dr #5

Year
Property Taxes
Change
Tax Assessment
Change
2025
$495
2%
$31,160
-6%
2024
$487
-18%
$33,050
-4%
2023
$592
2%
$34,420
27%
2022
$580
—
$27,050
33%
2022
$580
-11%
$20,270
3%
2021
$651
2%
$19,620
11%
2020
$641
3%
$17,720
32%
2019
$622
4%
$13,470
15%
2018
$599
4%
$11,750
2%
2017
$577
-15%
$11,480
8%
2016
$681
6%
$10,610
—
2015
$641
8%
$10,620
11%
2014
$596
-10%
$9,560
-11%
2013
$665
—
$10,700
—
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.

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7501 E Happy Hollow Drive #5, Carefree, AZ 85377 (MLS# 7028103) is a Townhouse property with 2 bedrooms and 1 full bathroom. 7501 E Happy Hollow Drive #5 is currently listed for $417,000 and was received on May 14, 2026. Want to learn more about 7501 E Happy Hollow Drive #5? Do you have questions about finding other Townhouse 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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