$2,250,000
Cave Creek, AZ 85331
MLS# 5993430
Status: Closed
3 beds | 2 baths
1 / 95
Property Description
The IDEAL HIDEAWAY in a time of global crisis, Shelter in this private and hidden valley nurturing a bountiful Garden of Eden of over 50 fruit & nut trees, where you could live off the land! What more could you want? Two bubbling artesian wells as we enter a Southwest drought, with miles of hiking and riding trails to enjoy, even an historic gold mine as gold hits record levels, The Golden Star Ranch, minutes N. of Cave Creek. site of the largest 1800's mining camp in the area, now a charming and rustic escape, surrounded by preserve and gov't land, and recently used as a location for a Hollywood motion picture! In addition to the rustic residence there now. Ithis offering ncludes stables, climate-controlled casita/bunkhouse. and 3 land parcels. Be sure to watch the video tour!
Details
Maps
Documents
Contract Information
Status Change Date: 2020-10-20
Sold Price: $2,150,000
Status: Closed
Current Price: $2,150,000
List Date: 2019-10-18
Type: ER
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: Y
Location, Tax & Legal
Map Code/Grid: E37
House Number: 7718
Compass: E
Street Name: GOLDEN REEF
St Suffix: Road
City/Town Code: Cave Creek
State/Province: AZ
Zip Code: 85331
Country: USA
County Code: Maricopa
Assessor's Map #: 99
Assessor's Parcel #: 8
Assessor Parcel Ltr: H
Assessor Number: 202-99-008-H
Legal Description (Abbrev): PT HOMESTAKE LODE MINING CLAIM IN CAVE CREEK MINING DIST AS SHOWN ON MINERAL SURVEY NO 4334 & LOCATE
Subdivision: Hidden and Secret Ranch of Patented Land, loaded with water!
Tax Municipality: Cave Creek
Taxes: 2376
Tax Year: 2019
General Property Description
Dwelling Type: Single Family - Detached
Dwelling Styles: Detached
Exterior Stories: 2
# of Interior Levels: 2
# Bedrooms: 3
# Bathrooms: 2
Approx SQFT: 2800
Price/SqFt: 767.86
Horses: Y
Builder Name: unknown
Year Built: 1972
Approx Lot SqFt: 260820
Pool: None
Elementary School: Black Mountain Elementary School
Jr. High School: Cactus Shadows High School
High School: Cactus Shadows High School
Elementary School District: Cave Creek Unified District
High School District: Cave Creek Unified District
Remarks & Misc
Cross Street: Fleming Springs and Echo Canyon Road
Directions: Left (West) on Echo Canyon road, this will change to Sierra Vista. Locked gate at the entry.
Geo Lat: 33.885573
Geo Lon: -111.913423
Status Change Info
Off Market Date: 2020-09-09
Under Contract Date: 2020-08-20
Close of Escrow Date: 2020-10-20
Sold Price: $2,150,000
Legal Info
Township: 6N
Range: 4E
Section: 11
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee $/%: %
Cap Improvement/Impact Fee 2 $/%: %
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: Y
Items Updated
Floor Yr Updated: 1993
Wiring Yr Updated: 1993
Plmbg Yr Updated: 1993
Ht/Cool Yr Updated: 1993
Roof Yr Updated: 1993
Kitchen Yr Updated: 1993
Bath(s) Yr Updated: 1993
Rm Adtn Yr Updated: 1993
Parking Spaces
Carport Spaces: 2
Total Covered Spaces: 2
Contact Info
List Agent Home Phn: 480-488-9508
List Agent Hme Phn 2: 602-377-0060
Sold Info
Loan Type: Other
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Special Listing Cond: N/A
Architecture: Ranch
Master Bathroom: Separate Shwr & Tub; Double Sinks; Tub with Jets
Master Bedroom: Split
Additional Bedroom: Master Bedroom Walk-in Closet
Fireplace: 1 Fireplace; Fireplace Living Rm
Pool Features: No Pool
Spa: None
Community Features: Gated Community; Horse Facility
Dining Area: Dining in LR/GR
Kitchen Features: Disposal; Dishwasher; Refrigerator
Laundry: Inside
Other Rooms: Exercise/Sauna Room
Features: Other; See Remarks
Technology: 3+ Exist Tele Lines; High Speed Internet Available
Exterior Features: Patio; Private Street(s)
Construction: Frame - Wood
Const - Finish: Painted
Roofing: Comp Shingle
Cooling: Both Refrig & Evap; Ceiling Fan(s)
Heating: Electric
Utilities: APS; City Electric
Water: Well - Pvtly Owned
Sewer: Septic Tank; Septic in & Cnctd
Fencing: None
Property Description: Hillside Lot; Mountain View(s); Street(s) Not Paved
Landscaping: Desert Front; Desert Back
Horse Features: Corral(s); Stall; Barn; Tack Room; Bridle Path Access; Other; See Remarks
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Possession: By Agreement; Close of Escrow
Association Fee Incl: No Fees
Assoc Rules/Info: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Conventional
Disclosures: Seller Discl Avail; Agency Discl Req; Other (See Remarks)
Supplements
Check the documents section to see a list of 20 uses of old mine tunnels, OTHER than mining, gathered from around the world.
The mine tunnels on the property could be used for some of those ideas, and they have already been used by Hollywood directors, as a filming location. Purchase includes the parcel with the home, APN # 202-99008H, land parcels 202-99-008G, and 202-17-029. The bunkhouse, used for a casita, is air conditioned and heated also.
Here's the takeaway from the recent news story this week from the US Geological Survey. The Colorado River is going to be much drier than thought and millions of people will be affected.
Here's why:
Between 19905 and 1922, when allocations were given out to states bordering the Colorado River, tree ring studies by the University of Arizona, have shown these were extremely wet years, and the water was over appropriated.
Further, they didn't take in account evaporation from the future Lake Mead, use by plants and the future guarantee to Mexico in 1944, of millions of acre feet of water.
Now, Lake Powell and Lake Mead are over half-empty, the river flow is dwindling . The region is stuck in a 19 year drought, the worst in 1,250 years. And the tree ring studies indicate these dry periods can last 1,000 years. Some scientists doubt the lakes will ever be full pool again.
Lake Mead is getting dangerously close to the level that triggers mandatory water cutbacks to lower Colorado basin states when Tier 1 water restrictions kick in. Level of the lake is now 1,096 ft. Mandatory cutbacks start when it hits 1,075 feet (above sea level) Below 1,050 ft., Hoover Dam may not be able to generate electricity. Worst-case scenario is the drop below 895 ft. Water can no longer pass through the dam, the dreaded "dead pool" scenario. Since Arizona gets 40% of its water from the Colorado River, a wise land investor would do well to consider land like this that "makes" its own water.
Listing Office: Russ Lyon Sotheby's International Realty
Last Updated: February - 23 - 2023
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