$575,000
Cave Creek, AZ 85331
MLS# 7015374
2 beds | 2 baths
1 / 28
Property Description
**RARE FINANCING ADVANTAGE: Lock in 5.625% & Skip the Heavy Interest Years!** Why start a brand-new 30-year clock at today's 6.5%+ market rates? This turnkey luxury home features a **PennyMac VA Assumable Loan locked at a fixed 5.625% with under 27 years remaining (fully open to both civilian and military buyers).** Because the sellers have already cleared the front-loaded interest of the initial years, a significantly higher percentage of your very first payment goes directly toward building your personal equity. With an incredibly accessible cash-down equity gap of approx. *$40,000*, you can step into a locked note that instantly saves you over *$350+ every single month* compared to financing this same balance from scratch today--putting you years closer to financial freedom.
Details
Maps
Contract Information
List Price: $575,000
Status: Active
Current Price: $575,000
List Date: 2026-04-17
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 5100
Compass: E
Street Name: RANCHO PALOMA
St Suffix: Drive
City/Town Code: Cave Creek
State/Province: AZ
Zip Code: 85331
Zip4: 5191
Country: US
County Code: Maricopa
Assessor Number: 211-37-919
Subdivision: RANCHO NORTH CONDOS
Tax Year: 2025
General Property Description
Dwelling Type: Townhouse
Dwelling Styles: Stacked
Exterior Stories: 2
# of Interior Levels: 1
# Bedrooms: 2
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 1420
Price/SqFt: 404.93
Horses: N
Model: A
Builder Name: Homes by Towne
Year Built: 2021
Approx Lot SqFt: 1363
Approx Lot Acres: 0.031
Flood Zone: No
Community Pool Y/N: Yes
Private Pool Y/N: No
Fireplace YN: No
Elementary School District: Cave Creek Unified District
High School District: Cave Creek Unified District
Elementary School: Black Mountain Elementary School
Jr. High School: Sonoran Trails Middle School
High School: Cactus Shadows High School
Remarks Misc
Cross Street: Cave Creek Road and Rancho Paloma Dr.
Directions: From 101 exit onto on Cave Creek Road and head north. Right on Rancho Paloma Dr. 1st left into the Rancho North Complex. Right to Bldg 24 on 2nd floor
Geo Lat: 33.784089
Geo Lon: -111.970087
Legal Info
Township: 5N
Range: 4E
Section: 17
Lot Number: 2072
Cnty Rcrd Bk & Pg #: 211-37-919
Architect
Architect: Homes By Towne
Basement
Basement Y/N: N
Parking Spaces
Garage Spaces: 1
Slab Parking Spaces: 1
Total Covered Spaces: 1
Cooling
HVAC SEER Rating: 14
Showing Notification Methods
Showing Service: Aligned Showings
DPR Eligible
DPR Eligible: Yes
Property Features
Special Listing Cond: N/A
Architecture: Contemporary
Building Style: Clustered
View: Mountain(s)
Master Bathroom: Double Vanity; Private Toilet Room
Master Bedroom: Split
Additional Bedroom: Other Bedroom Split; Separate Bedroom Exit; Master Bedroom Walk-in Closet
Flooring: Tile
Window Features: Solar Screens; Dual Pane; ENERGY STAR Qualified Windows; Low-Emissivity Windows
Community Pool Features: Fenced; Heated
Spa: None
Community Features: Biking/Walking Path; Community Spa; Community Spa Htd; Gated; Workout Facility
Dining Area: Formal; Eat-in Kitchen; Breakfast Bar; Dining in LR/GR
Kitchen Features: Gas Oven; Gas Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Engy Star (See Rmks); Pantry; Quartz Countertops; Non-laminate Counter; Kitchen Island
Laundry: Washer Included; Dryer Included; Engy Star (See Rmks); Inside
Other Rooms: Great Room
Interior Features: 9+ Flat Ceilings; No Interior Steps; Water Softener Owned; Soft Water Loop
Technology: Cable TV Avail; High Speed Internet; Ntwrk Wrng Multi Rms; Smart Home
Exterior Features: Balcony; Covered Patio(s); Patio; Private Street(s)
Parking Features: Detached Garage; Electric Vehicle Charging Station(s); Extended Length Garage; Garage Door Opener; Shared Driveway
Road Surface Type: Asphalt
Construction: Wood Frame; Ducts Professionally Air-Sealed
Const - Finish: Painted; Stucco; Stone
Roofing: Tile
Cooling: Central Air; Programmable Thmstat; ENERGY STAR Qualified Equipment
Heating: Electric
Plumbing: Gas Hot Water Heater
Utilities: APS; SW Gas
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Wrought Iron; Block
Property Description: Corner Lot; East/West Exposure
Landscaping: Desert Front; Desert Back
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Supra
Possession: By Agreement; Close of Escrow
Unit Style: All on One Level; End Unit
Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Sewer; Garbage Collection; Pest Control; Front Yard Maint; Common Area Maint; Street Maint
Existing 1st Loan: VA; Other (See Remarks)
Existing 1st Loan Terms: Assume - Qualify
New Financing: Cash; VA; Conventional; 1031 Exchange
Disclosures: Seller Discl Avail; Agency Discl Req
Supplements
Turnkey Luxury | Fully Furnished | Ready for Immediate Move-In
Welcome to Rancho North, where clean contemporary design meets effortless desert living in Cave Creek. Impeccably upgraded and offered *fully furnished*, this rare 2-bedroom, 2-bath end-unit townhouse is truly move-in ready--just bring your suitcase. Positioned as a desirable second-floor corner unit, it delivers enhanced privacy, pristine natural light, and an open-concept split floor plan featuring 9+ ft ceilings and premium finishes throughout.
The gourmet kitchen is an entertainer's dream, complete with a massive quartz island, breakfast bar, designer tile backsplash, gas cooktop, and upgraded cabinetry. Suited perfectly for remote work or a seamless seasonal relocation, the home is equipped with smart home features, an energy-efficient HVAC system, and high-speed connectivity.
Premium Features:
*Fully Furnished:Thoughtfully curated, high-end contemporary furnishings included.
*Parking & Utilities:Private, attached EV-ready garage + additional parking, plus a whole-home water softener.
*True Lock-and-Leave:Gated community where the HOA fully covers exterior maintenance, roof replacement, landscaping, water, sewer, and trash for a fixed $339/month.
*Resort Amenities:Exclusive access to the community pool, spa, fitness center, and fireside lounge.
Prime Cave Creek Location:
Ideally located just minutes from the booming North Phoenix tech corridor (including the TSMC facility). Enjoy immediate access to world-class golf, scenic desert hiking trails, upscale dining, and the renowned, laid-back Cave Creek lifestyle.
Perfect for full-time living, seasonal residents, or professionals seeking a premium, low-maintenance home with an unbeatable, permanent monthly payment advantage over everything else on the market.
Listing Office: Compass
Last Updated: August - 26 - 2026
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Broker Attribution:
602-677-2224