$10,000

closing credit¹

5431 E Olesen Rd Cave Creek, AZ 85331

$1,328,000
3 beds
3 baths
2,831 sqft
1.1 acres
$469 / sqft
House

Property details

About 5431 E Olesen Rd

Nestled in the charming town of Cave Creek, you don't want to miss this beautifully remodeled home with a resort style backyard. The home has an updated kitchen with a huge walk in pantry, all three bathrooms have been recently renovated and newer slate floors throughout. In addition, it has newer air conditioner units. The backyard is fully lighted with mature landscaping for a resort like feel. A huge deck overlooks the yard with a built-in grill and huge shade sails to give ample shade. The backyard is perfect for entertaining with a sparkling pool and spa, fire pit, and a chipping green and tee box for golfers. 2 front circular drives. No garage but plenty of room to add it. Voted BEST OF TOUR in the NE Valley Home Tour.

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCeiling Fan(s)
Size2,831 sqft
Lot size1.14 Acres
Year built1994
ParkingRV Access/Parking
MLS #6721033
Fireplace1 Fireplace, Family Room
ViewMountain(s)
Private poolYes

Virtual tour

Summary

  • MLS Number: 6721033
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Century 21 Arizona Foothills
  • Office Phone: (480) 889-2151
  • Listing Agent: Lynn Carlton

IDX 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: 2/11/2025, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade

$1,328,000

5431 E Olesen Rd

$10,000

closing credit¹

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Seller rebate

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Price information

Property sales

DateEventPrice
Oct 16, 2008
Home Sold
$382,500
Oct 18, 2006
Home Sold
$575,000

Tax history

YearAssessmentProperty Tax
2024$75,700$1,825
2023$62,770$1,788
2022$53,150$2,007
2020$46,450$1,979
2019$45,100$1,847
2017$36,500$1,780

History based on county public records data.

Nearby schools

8

Desert Willow Elementary School

Public District PK-6

2.3 mi

4322 E Desert Willow Pkwy

10

Wildfire Elementary School

Public District KG-6

7.2 mi

3997 E Lockwood Dr

9

Boulder Creek Elementary School

Public District PK-6

8.1 mi

22801 N 22nd St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $98,874. Residents of Cave Creek, AZ typically earn between $35k-100k each year. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

5%
<35k
46%
35k-100k
36%
100k-200k
13%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

20%
Single, No Kids
7%
Single, with Kids
45%
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
11%
12-17 yrs old
9%
18-34 yrs old
56%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • KmartKmart

Where do the neighbors go to eat?

  • PaneraPanera
  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans

What do the neighbors drive?

  • InfinitiInfiniti
  • LexusLexus
  • LincolnLincoln

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5431 E Olesen Rd

This home is located at 5431 E Olesen Rd in Cave Creek, AZ and zip code 85331 in the Northern Scottsdale neighborhood. This 2,831 square foot home, which was built in 1994, sits on a 1.14 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 19, 2024 and is currently priced at $1,328,000.

Cave Creek, AZ housing market in January 2025 saw over 4 listings sold above listed price, more than 6 sold at listed price and over 25 sold below. The number of listings in Cave Creek, AZ increased by 21.7% between December and January 2025. While the average time on the market in January 2025 was 90 days, the median list price was $815,000.

From Rocket Homes Real Estate and based on county public records data.

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