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$2,650,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 4 Full Baths
  • 5 Acres
  • 3 Car Garage
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Perched on 5 private acres with stunning mountain views, this home captures Arizona living at its best. Soaring ceilings & expansive windows fill the open split floorplan with natural light, showcasing panoramic sunrises & sunsets. The owner's retreat has two large glass sliders that lead to the wrap-around patio and the most beautiful views of the natural desert. The master suite is set apart from a private wing which is complete with an office and 3 ensuite bedrooms. A pavered drive leads to plenty of guest parking, a courtyard entry & 3-car garage. Perfect for entertaining yet peaceful for everyday living, the back patio overlooks a fenced yard, elevated deck & infinity lap pool. Just minutes from the charm of Cave Creek, this retreat offers both convenience & tranquility.

Full Property Details for 5040 E Rockaway Hills Dr

General

  • Price: $2,650,000
  • Taxes: $4,813 (2024)
  • Status: Active
  • Type: Single Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6925587
  • Updated: 12/31/2025
  • Added to Site: 101 day(s) ago

Interior

  • Interior Features: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Family Room, Gas
  • Appliances: Electric Cooktop, Water Purifier
  • Flooring: Carpet, Stone, Tile

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Other

Additional Information

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

Exterior

  • Exterior Features: Private Street(s)

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets

Location

  • County: Maricopa
  • Township: 6N
  • Subdivision: Cave Creek
  • Cross Streets: Spur Cross & Cahava Ranch

Community

  • Assoc. Fees Include: No Fees

Heating & Cooling

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

Utilities

  • Water: Shared Well
  • Well: Yes
  • Utility Description: Propane

Structural Information

  • Architectural Style: Territorial/Santa Fe,
  • Builder: Custom
  • Exterior Const.: Stucco, Wood Frame, Painted
  • Roof: Foam
  • Sq. Ft. Source: Assessor
  • Year Built: 2002

Additional Structures

  • Other Structures: Gazebo

Lot Features

  • Property View: City Lights, Mountain(s)
  • Mountain views: Yes
  • Lot Size (Acres): 5
  • Lot Size (Sq. Ft.): 217,800
  • Lot Size Source: Assessor
  • Lot Features: Adjacent to Wash, North/South Exposure, Hillside Lot, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back

Horse Property

  • Horse Property: Yes

Green Features

  • Energy Efficient: Solar Panels, Multi-Zones

Financial Considerations

  • Tax Amount: $4,813
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: POR OF PARCEL C PER MCR 519-42 DAF N 303.99F SD PARCEL C
  • Property ID: 211-01-051-H
  • Range: 4E
  • Section: 17
  • Lot Number: 1

Listed by Russ Lyon Sotheby's International Realty

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Listing agents

— 5040 E Rockaway Hills Dr —

  • Russ Lyon Sotheby's International Realty

  • Russ Lyon Sotheby's International Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5040 E Rockaway Hills Dr

School District:Cave Creek Unified District
NameGradesDistance
Black Mountain Elementary School, Scottsdale, AZ
33606 N 60th St, Scottsdale, AZ 85266
PK-64.8 mi
Cactus Shadows High School
5802 E. Dove Valley Rd., Scottsdale, AZ 85266
9-125.2 mi
Sonoran Trails Middle School
5555 East Pinnacle Vista Drive, Phoenix, AZ 85085
7-88.8 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 5040 E Rockaway Hills Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/05/2025
Price Reduced
$2,650,000
-2.75%
MLS
10/09/2025
Listed
$2,725,000
9%
MLS
6/05/2023
Sold
$2,500,000
—
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 5040 E Rockaway Hills Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,755
-1%
$158,270
8%
2024
$4,813
4%
$145,900
1%
2023
$4,612
1%
$145,120
10%
2022
$4,549
—
$131,500
24%
2022
$4,549
-15%
$106,280
-2%
2021
$5,360
-2%
$108,250
3%
2020
$5,496
3%
$105,360
—
2019
$5,317
4%
$104,960
6%
2018
$5,099
4%
$98,770
2%
2017
$4,880
-1%
$96,920
-8%
2016
$4,909
7%
$105,360
15%
2015
$4,567
7%
$91,310
16%
2014
$4,257
-4%
$79,030
-2%
2013
$4,436
—
$81,020
—
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 5040 E Rockaway Hills Dr

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Russ Lyon Sotheby's International Realty

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5040 E Rockaway Hills Drive, Cave Creek, AZ 85331 (MLS# 6925587) is a Single Family property with 4 bedrooms and 4 full bathrooms. 5040 E Rockaway Hills Drive is currently listed for $2,650,000 and was received on October 09, 2025. Want to learn more about 5040 E Rockaway Hills Drive? Do you have questions about finding other Single Family real estate for sale in Cave Creek? You can browse all Cave Creek real estate or contact a Coldwell Banker agent to request more information.

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