$2,495,000

7440 E Cave Creek Rd Carefree, AZ 85377

$10,000
Closing credit¹
House

Property details

About 7440 E Cave Creek Rd

Nestled in the tranquil heart of Carefree, this beautifully renovated multifamily property offers 8 distinct units, each thoughtfully restored to blend vintage character with modern conveniences. Every inch of the property has been updated with attention to detail, featuring brand-new custom kitchens with ample storage, new custom bathrooms, vinyl plank flooring, new windows, and new fans and fixtures. Each unit is equipped with new in-unit washer/dryers, updated HVAC systems, new hot water heaters, ensuring comfort and convenience throughout.Residents can enjoy new outdoor amenities, including a sparkling pool and putting green. The property comprises four spacious 2-bedroom/1-bath units and four 1-bedroom/1-bath units, offering a variety of living options.

Highlights

Home typeOther
HeatingElectric
StatusActive
CoolingCeiling Fan(s), Heat Pump
Year built1963
ParkingPaved, Free, 1 Space/Unit
MLS #6839986

Summary

  • MLS Number: 6839986
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Silverleaf Realty
  • Office Phone: (480) 502-6902
  • Office Email: jim@jjonesnaz.com
  • Listing Agent: Jennifer Boynton

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: 4/5/2025, 12:55:52 AM 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 swimming pool featuring fence

$2,495,000

7440 E Cave Creek Rd

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 14, 2021
Home Sold
$900,000
Mar 31, 1993
Home Sold
$256,000

Tax history

YearAssessmentProperty Tax
2024$105,560$1,229
2023$65,960$1,229
2022$47,000$1,341
2020$38,250$1,319
2019$35,180$1,238
2017$28,110$1,198

History based on county public records data.

Nearby schools

8

Desert Willow Elementary School

Public District PK-6

5.5 mi

4322 E Desert Willow Pkwy

10

Wildfire Elementary School

Public District KG-6

9.9 mi

3997 E Lockwood Dr

10

Fireside Elementary School

Public District PK-6

10.9 mi

3725 E Lone Cactus Dr

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 $94,181. The majority of Carefree, AZ residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

22%
<35k
30%
35k-100k
27%
100k-200k
21%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

50%
Single, No Kids
2%
Single, with Kids
42%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
4%
12-17 yrs old
5%
18-34 yrs old
52%
35-64 yrs old
35%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Stein MartStein Mart
  • Family DollarFamily Dollar
  • KmartKmart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans

What do the neighbors drive?

  • LexusLexus
  • FordFord
  • BuickBuick

What do the neighbors listen to?

  • OldiesOldies
  • New CountryNew Country
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7440 E Cave Creek Rd

This home is located at 7440 E Cave Creek Rd in Carefree, AZ and zip code 85377. Features: 0 bathroom. It has been listed on Rocket Homes since March 24, 2025 and is currently priced at $2,495,000.

Over 0 listings were sold over their listed price in March 2025 in Carefree, AZ. In the same period over 10 listings were sold below the listed price and 3 listings were sold for the listed price. Between February and March 2025, Carefree, AZ real estate market has seen increase in the number of listings by 11.3%. While the average time on the market in March 2025 was 69 days, the median list price was $1,212,500.

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

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