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$1,100,000
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Property Description
Tucked away in the heart of Cave Creek on a sprawling 1.2-acre lot, this fully remodeled home offers the perfect blend of privacy, luxury, and Southwest charm. Designed with a resort-style atmosphere, the home features a modern gourmet kitchen with a spacious walk-in pantry, beautifully updated bathrooms, and stylish new flooring throughout. A generous bonus room provides flexibility and could easily serve as a fourth bedroom. Thoughtfully upgraded, the home also boasts newer HVAC systems, fresh interior and exterior paint, and a recently recoated roof. Step outside to a lush backyard oasis, enhanced by mature landscaping and ambient lighting that showcases the property's natural beauty. A large elevated deck with built-in grill and custom shade sails creates an ideal space for outdoor dining and relaxation. Enjoy the sparkling pool, spa, and fire pit perfect for entertaining or simply taking in the peaceful desert surroundings and local wildlife. Located on a quiet cul-de-sac just moments from top-rated schools, shopping, and dining, this expansive property offers endless possibilities including space for a casita, workshop, or RV storage.
Full Property Details
Full Property Details for 5431 E Olesen Rd
General
- Sold For: $1,100,000
- Taxes: $1,908 (2024)
- Status: Closed
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6914430
- Added to Site: 135 day(s) ago
Interior
- Interior Features: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room
- Appliances: Electric Cooktop, Built-In Electric Oven
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Wshr/Dry HookUp Only
Additional Information
- Pool: Yes
- Pool Description: Fenced
Exterior
- Exterior Features: Built-in Barbecue
Parking
- Parking Features: Circular Driveway, Electric Vehicle Charging Station(s)
Location
- County: Maricopa
- Subdivision: Metes and bounds
- Cross Streets: 56 street and Carefree hwy.
- Dist. to Street: 1 block to paved road
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Mini Split
- Heating Type: Mini Split, ENERGY STAR Qualified Equipment, Electric
Utilities
- Water: City Water
Structural Information
- Builder: na
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Composition, Foam
- Windows: Skylight(s), Dual Pane, ENERGY STAR Qualified Windows
- Sq. Ft. Source: Owner
- Year Built: 1993
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 1.14
- Lot Size (Sq. Ft.): 49,847
- Lot Size Source: Assessor
- Lot Features: Desert Back, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
- Fencing (Description): Wrought Iron
Green Features
- Water Conservation: Recirculation Pump
Financial Considerations
- Tax Amount: $1,908
- Tax Year: 2024
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: N/A, Owner/Agent
- Property ID: 211-46-045
- Lot Number: 1
Listed by Russ Lyon Sotheby's International Realty
Sold by Realty ONE Group
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Schools
Schools serving 5431 E Olesen Rd
School District:Cave Creek Unified District
| Name | Grades | Distance |
|---|---|---|
Black Mountain Elementary School, Scottsdale, AZ 33606 N 60th St, Scottsdale, AZ 85266 | PK-6 | 0.6 mi |
Cactus Shadows High School 5802 E. Dove Valley Rd., Scottsdale, AZ 85266 | 9-12 | 0.8 mi |
Sonoran Trails Middle School 5555 East Pinnacle Vista Drive, Phoenix, AZ 85085 | 7-8 | 4.3 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 5431 E Olesen Rd
Date
Details
Price
Change
Source
11/03/2025
Sold
$1,100,000
-12%
MLS
9/03/2025
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5431 E Olesen Road, Cave Creek, AZ 85331 (MLS# 6914430) is a Single Family property that was sold at $1,100,000 on November 03, 2025. Want to learn more about 5431 E Olesen Road? 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.

