$10,000 Closing Credit¹
#6815859, Joanna Wilkins, Carol Spencer, Listing Office: Russ Lyon Sotheby's International Realty
$1,525,000 List price
31509 N 55th Way Cave Creek, AZ 85331
$10,000
Closing credit¹
5 beds
5 baths
4,142 sqft
0.2 acres
$368 / sqft
House
Property details
About 31509 N 55th Way
This 4100+ sq ft home offers the perfect blend of design and functionality. With 5 bedrooms and 4.5 baths plus an office, it checks every box for both everyday living and entertaining. This home also features a separate-entry casita that provides privacy for overnight guests AND owned solar to keep bills low. The open concept great room features custom built-ins and a wall of sliding glass doors, seamlessly connecting indoor/outdoor spaces. The designer details of this home are truly endless and start in the kitchen, equipped with a 48'' KitchenAid gas range, Sub-Zero built-in refrigerator, wall ovens, dual dishwashers and quartz waterfall island. Laundry is never fun but the expanded laundry room will make you say WOW with a drop zone, brick flooring and room for an additional fridge. The primary suite is spacious and stylish with custom details and a spa-like primary bath with a dual entry shower, soaking tub and walk-in closet. The guest wing offers a flex room surrounded by three bedrooms, one with an en-suite bath and two sharing a Jack-and-Jill bath. The backyard was designed for entertainment and relaxation, with a sparkling pool, motorized child-safe cover, low maintenance turf, an outdoor kitchen and fireplace. Recently built in 2022 this home features a 3 car tandem garage and OWNED solar panels to keep energy costs low. Located in the private, gated community of Palomino Estates with walking trails and recreational amenities just steps from your front door. This home is just 15 minutes from Cave Creek's charm to the north and world-class shopping and dining in Scottsdale and Desert Ridge to the south.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas
StatusAccepting Backup Offers
Size4,142 sqft
Lot size0.24 Acres
Year built2022
ParkingDir Entry frm Garage, Electric Door Opener, Tandem
MLS #6801098
Garage3 spaces
FireplaceExterior Fireplace
Private poolYes
Summary
- MLS Number: 6801098
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Real Broker
- Office Phone: (480) 442-9868
- Office Email: Membership@TheRealBrokerage.com
- Listing Agent: Shay Noonan
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 7:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,525,000
31509 N 55th Way
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 21, 2022 | Home Sold | $1,137,151 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $112,680 | $90 |
| 2023 | $13,035 | $90 |
| 2022 | $16,110 | $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
6.7 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. Most Cave Creek, AZ residents have annual incomes $200k+. The majority of families are married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
16%
<35k
24%
35k-100k
29%
100k-200k
31%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
20%
Single, No Kids
4%
Single, with Kids
48%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
9%
12-17 yrs old
8%
18-34 yrs old
52%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Figure Skating
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Kmart
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 31509 N 55th Way
This home is located at 31509 N 55th Way in Cave Creek, AZ and zip code 85331 in the Desert View neighborhood. This 4,142 square foot home, which was built in 2022, sits on a 0.24 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 4, 2025 and is currently priced at $1,525,000.
In February 2025 more than 6 listings in Cave Creek, AZ were sold above the asking price. During the same period more than 17 listings were sold at asking price, while more than 38 were sold below. The inventory of homes for sale in Cave Creek, AZ between January and February 2025 increased by 6.8%. Listings spent 80 days on the market in February 2025, and had a median list price of $814,285 during the same period.
From Rocket Homes Real Estate and based on county public records data.