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$1,550,000
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Property Description
Nestled on over 2.3 acres of breathtaking property with panoramic mountain and desert views, this exceptional home offers the perfect blend of luxury, comfort, and functionality. Featuring 3 spacious bedrooms and 2.5 baths, with two living areas plus formal dining, the residence boasts a 3-car attached garage plus an impressive detached 40x50-ft garage-ideal for car enthusiasts, hobbyists, or extra storage. The gourmet kitchen is a chef's dream, complete with granite countertops, stainless steel appliances including double wall ovens plus a built-in microwave, a large island with breakfast bar, and a wet bar for effortless entertaining. Cozy fireplaces warm both the family room and the serene primary suite, which also includes custom built-ins in the walk-in closet. Step outside to your private park-like oasis, where a negative edge Pebble Tec pool with in-floor cleaning and rock waterfall and lush green lawn create a resort-style retreat. View fencing ensures uninterrupted vistas, and the covered patio provides a space to relax and enjoy the views. Other features include an RV gate with concrete slab and RV clean out, a private well, a newer roof (2020), and much more!
Full Property Details
Full Property Details for 5502 E New River Rd
General
- Sold For: $1,550,000
- Taxes: $3,376 (2024)
- Status: Closed
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6937200
- Added to Site: 86 day(s) ago
Interior
- Interior Features: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Family Room, Master Bedroom, Gas
- Appliances: Gas Cooktop
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Security/Safety: Security System Owned
Parking
- Garage: Yes
- Garage Spaces: 5
- Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Detached, RV Garage
Location
- County: Maricopa
- Township: 5N
- Subdivision: METES AND BOUNDS
- Cross Streets: Cave Creek Rd. & Carefree Highway
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Other
Utilities
- Water: Private Well
- Well: Yes
- Utility Description: Propane
Structural Information
- Exterior Const.: Stucco, Wood Frame, Painted, Stone
- Roof: Tile
- Sq. Ft. Source: Assessor
- Year Built: 1999
Lot Features
- Property View: Desert, Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 2.37
- Lot Size (Sq. Ft.): 103,269
- Lot Size Source: Assessor
- Lot Features: Sprinklers In Rear, Desert Back, Desert Front, Grass Back
- Fencing (Description): Block, Wrought Iron
Financial Considerations
- Tax Amount: $3,376
- Tax Year: 2024
- Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: PT NE4 SEC 5 (AKA LOT 2 MCR 444-13) DAF COM NE COR SE4 NE4 SD SEC TH S 253.65F TH N 85D 56M W 267.07
- Property ID: 211-47-131-C
- Range: 4E
- Section: 5
Listed by Keller Williams Arizona Realty
Sold by HomeSmart
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Schools
Schools serving 5502 E New River 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 | 1.4 mi |
Cactus Shadows High School 5802 E. Dove Valley Rd., Scottsdale, AZ 85266 | 9-12 | 1.7 mi |
Sonoran Trails Middle School 5555 East Pinnacle Vista Drive, Phoenix, AZ 85085 | 7-8 | 5.3 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 5502 E New River Rd
Date
Details
Price
Change
Source
11/12/2025
Sold
$1,550,000
-10.14%
MLS
10/29/2025
Price Reduced
$1,725,000
-1.43%
MLS
10/22/2025
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5502 E New River Road, Cave Creek, AZ 85331 (MLS# 6937200) is a Single Family property that was sold at $1,550,000 on November 12, 2025. Want to learn more about 5502 E New River 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.

