5040 E ROCKAWAY HILLS Drive Cave Creek, AZ $ 2,500,000
5040 E ROCKAWAY HILLS Drive
$ 2,500,000
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5040 E ROCKAWAY HILLS Drive

Cave Creek, AZ, 85331
$ 2,500,000
Bedrooms4 Baths4.1 Sq 4,471

Monthly Estimate*

$ 17,267

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Single Family Home for sale in Cave Creek, AZ

for $2,500,000 with 4 bedrooms and 4 full baths, 1 half bath. This 4,471 square foot home was built in 2002 on a lot size of 5.

Set on 5 private hillside acres overlooking Cave Creek, this single-level custom home offers the kind of quiet and views that are hard to find. Mornings open to Black Mountain and the Cave Creek Mountains, evenings bring some of the best sunsets in the desert, and at night the city lights glow in the distance. A home with views like these, on land this private, rarely comes to market. There's no HOA, and the home has a brand-new roof. The 4 bed, 4.5 bath, 4,471 sq ft split floor plan gives the owner's suite its own wing, with 3 ensuite guest suites and an office on the other side, giving everyone their own space. The kitchen features a Thermador oven and microwave, a Wolf induction stovetop and a Sub-Zero refrigerator. The heated pool and spa have updated equipment and a new Pebble Tec finish and tile. Carefully maintained and updated, it has brand-new well pumps, solar, EV charging, Starlink Business internet, a new energy-efficient water heater and washer/dryer, new Nest smoke/CO detectors and freshly filled propane tanks. Recent improvements also include new paint, LED lighting throughout, remote-controlled blinds, new garage doors with camera-equipped openers, new landscaping, deck boxes, a custom front fountain and resealed vigas. Hiking trails are about 10 minutes away, and so is downtown Cave Creek, a genuine Old West town with saloons, live music, local restaurants, galleries and shops, where you may still see horses tied up out front. Deer, owls, javelinas, roadrunners and hummingbirds are regular visitors, and Nacho Libre, the neighbors' donkey at the bottom of the hill, is a local favorite.

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Single Family Active

Price

$ 2,500,000

Bedrooms

4

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 4,755

Style

Territorial/Santa Fe

Lot Size

5

Year Built

2002

Town/City

Cave Creek

County/Region

Maricopa

MLS | Web ID

7100569

Features
Interior
Interior Amenities Granite Counters Double Vanity Eat-in Kitchen Breakfast Bar Full Bth Master Bdrm Tub with Jets
Fireplace Features Family Room Gas
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Total Bedrooms 4
Total Baths 5
Bedrooms Possible 5
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General
Sewer Septic in & Cnctd
Heating Electric
Cooling Central Air Ceiling Fan(s)
Possession Close Of Escrow
Roof Foam
Garage Spaces 3.0
Association Fee Includes No Fees
Architectural Style Territorial/Santa Fe
Pool Features Heated Lap
Construction Materials Stucco Wood Frame Painted
Year Built 2002
View Mountain(s)
Township 6N
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Maricopa
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name .
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions In GPS plug in 5010 E Rockaway Hills as 5040 E Rockaway Hills will take you to the home with the gate at the bottom of the hill. Go past that home and up the hill to the right.
High School Cactus Shadows High School
City Cave Creek
Disclosures Agency Discl Req Seller Discl Avail Well Disclosure
High School District Cave Creek Unified District
Open Parking Spaces 6.0
Lot Size Units Square Feet
Lot Size Square Feet 217800.0
Carport Spaces 0.0
Carport Y/N N
Spa Features Heated Private
Elementary School Black Mountain Elementary School
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 4755.0
Home Warranty Y/N N
Current Financing Conventional
Middle/Junior High School Sonoran Trails Middle School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name Unknown
Standard Status Active
Occupancy Type Vacant
Elementary School District Cave Creek Unified District
Tax Lot 1
New Financing: Conventional True
Senior Community N
New Financing: FHA True
Ttl Monthly Fee Equiv 0.0
New Financing Cash True
New Financing: VA True
Eligible for Down Payment Resources No
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Exterior
Fencing Block Wrought Iron
Parking Features Attached Garage Garage Door Opener Extended Length Garage
Lot Features Adjacent to Wash Hillside Lot Desert Back Desert Front
Water Source Shared Well
Lot Size Area 217800.0
Spa Y
Building Area Total 4471.0
Lot Size Acres 5.0
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 3.0
Crops Included Y/N N
Horse Y/N Y
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5040
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* Excluded Features
List By
Lpt Realty, Llc

Broker

bradley@dickinsongroupre.com

Email

Affordability Calculator

$17,663
Per Month
98%
2%
0%
Monthly Principal & Interest
$17,267
Monthly Property Taxes
$396
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327405 Elementary School
4327787 Middle School
Cactus Shadows High School High School
Pricing History
DatePricePrice ChangeDescription
10/30/2026$2,500,000 Listed Price

Map


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5040 E ROCKAWAY HILLS Drive, Cave Creek, AZ, 85331 is a Single Family Home for sale at $2,500,000 with 4,471 sqft and a lot size of 5. 5040 E ROCKAWAY HILLS Drive has 4 bedrooms, 4.1 baths, and was built in 2002. The property's zip code is 85331 which is in Cave Creek, AZ