#6807855, Farrell Hogenauer, Cody Stephens, Listing Office: Real Broker

31423 N 55th Way Cave Creek, AZ 85331
Property details
About 31423 N 55th Way
Welcome to this stunning 3-bedroom + Den, 3,127 sqft home in the gated community of Palomino Estates. Built in 2021, this sought-after Virtue model features over $90K in premium upgrades. Wide hallways and 12-ft ceilings create an open, inviting space filled with natural light. The gourmet kitchen boasts upgraded stainless steel appliances, upgraded cabinetry, a spacious island, and wet bar. Enjoy seamless indoor/outdoor living with a wrap-around patio leading to a private backyard oasis with a pool, spa, and putting green. The primary suite offers a spa-like shower and walk-in closet. Energy-efficient features and an extended 3-car garage complete this exceptional home. Must See.
Highlights
Summary
- Interior: Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Granite Counters
- Fireplace: Fire Pit
- Total Bedroom Count: 3
- Garage Space: 3 spaces
- Private Pool: Yes
- Exterior: Built-in Barbecue
- Architectural Style: Ranch
- Heating: Natural Gas
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $1,225,000
- Price/SqFt: $391
- HOA Amount: $225 Monthly
- Annual Tax Amount: $2,739
- Tax Year: 2024
- Lot: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
- Directions: Scottsdale Rd. to Lone Mountain Rd., west on Lone Mountain to 56th St., north on 56th St. to Calle Marita (entrance gate). South on 55th Way and property is on Left.
- Year Built: 2021
- Stories: 1
- Living Area: 3,127 SqFt
- Lot Size: 0.24 Acres
- MLS Number: 6840069
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: My Home Group Real Estate
- Office Phone: (480) 685-2760
- Office Email: andrew@myhomegroup.com
- Listing Agent: Ryan Skarperud
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Last updated on: 5/30/2025, 11:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,225,000
31423 N 55th Way
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 09, 2021 | Home Sold | $799,985 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $102,950 | $2,739 |
2023 | $89,350 | $2,663 |
2022 | $10,740 | $95 |
2020 | $7,874 | $378 |
History based on county public records data.
Nearby schools
8
Desert Willow Elementary School
Public District PK-6
1.5 mi
•4322 E Desert Willow Pkwy
10
Wildfire Elementary School
Public District KG-6
5.6 mi
•3997 E Lockwood Dr
10
Fireside Elementary School
Public District PK-6
6.6 mi
•3725 E Lone Cactus Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $125,000. The most common annual income of people living in Cave Creek, AZ is $200k+. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 31423 N 55th Way
The listing price of 31423 N 55th Way property is $1,225,000.
The property 31423 N 55th Way is a house located in Cave Creek, Arizona, 85331.
Active Listing: 31423 N 55th Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 31423 N 55th Way are: Desert Willow Elementary School (GreatSchools Rating 8/10), Wildfire Elementary School (GreatSchools Rating 10/10), Fireside Elementary School (GreatSchools Rating 10/10), Sonoran Trails Middle School (GreatSchools Rating 6/10), Explorer Middle School (GreatSchools Rating 8/10), Mountain Trail Middle School (GreatSchools Rating 5/10), Cactus Shadows High School (GreatSchools Rating 7/10), Pinnacle High School (GreatSchools Rating 8/10), Aaec - Paradise Valley (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $2,739 (source: MLS/based on county public records data).
The last sale was on July 9, 2021 for $799,985 (source: MLS/tax record).
The property at 31423 N 55th Way has 3 bedrooms and 3 bathrooms.
The property 31423 N 55th Way is 3,127 SqFt (source: MLS/tax record).
The year of construction for 31423 N 55th Way is 2021.
This home is located at 31423 N 55th Way in Cave Creek, AZ and zip code 85331 in the Desert View neighborhood. This 3,127 square foot home, which was built in 2021, sits on a 0.24 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $1,225,000.
Over 0 listings were sold over their listed price in April 2025 in Cave Creek, AZ. In the same period over 39 listings were sold below the listed price and 9 listings were sold for the listed price. Between March and April 2025, Cave Creek, AZ real estate market has seen increase in the number of listings by 0.3%. In April 2025 median list price was $815,333 and the average listing age was 96 days.