Tatum Ranch Home with Modern Upgrades and Investment Potential on Premium Corner Lot in Cave Creek, AZ
Located in the heart of Tatum Ranch, this beautiful home in Cave Creek, AZ, blends modern luxury with the rugged beauty of the desert, offering a prime opportunity for both homeowners and investors. Tatum Ranch is known for its quiet streets, family-friendly atmosphere, and proximity to some of the best outdoor activities in the area. With 4 bedrooms, 2 bathrooms, and an additional room that can easily be converted into a bedroom, this property offers flexibility for those looking to maximize both living space and potential revenue. Let’s explore the details of this exceptional home and why it stands out in the highly desirable Cave Creek market.
Property Overview: Spacious Living and Room for Growth
- Beds/Baths: 4 / 2
- Additional Room: Conversion to a bedroom to maximize occupancy
- Approximate SqFt: 2,284
- Lot Size: 12,588 SF
- PRICED AT $750,000
Sitting on a premium corner lot of over 12,500 square feet, this 4-bedroom, 2-bathroom home features an open floor plan with vaulted ceilings, offering a bright and spacious environment. The additional room offers flexibility as an office or a den, but here's the exciting part—converting this extra space into a 5th bedroom could generate over $100,000 in potential revenue for those considering this home as an investment property or vacation rental.
Key Features and Upgrades:
- Custom Kitchen: Modern, sleek, and functional, with custom cabinets, granite countertops, and stainless steel appliances, making it a hub for both family gatherings and entertaining guests.
- Energy-Efficient Windows: Newly installed dual-pane windows throughout the home offer improved energy efficiency, with a transferable lifetime warranty that adds long-term value.
- Recent Upgrades: New electrical panel (2023), water heater (2024), and fully built-out primary closet ensure the home’s major systems are modern and ready for immediate use.
- Expansive Backyard: The large, private backyard offers endless possibilities for outdoor enjoyment and future enhancements.
Investment Potential: Endless Opportunities for Revenue
This home presents a unique investment opportunity, especially for those considering turning it into a vacation rental or a long-term revenue-generating property. By converting the additional room into a 5th bedroom, this home could easily generate over $100,000 in revenue, making it highly attractive to investors. But the potential doesn’t stop there—this property’s large, unused backyard offers endless possibilities for future enhancements, which could significantly boost its rental value.
Consider adding:
- Accessory Dwelling Unit (ADU) / Guest House: With ample space, you could build an ADU or guest house, tapping into Arizona’s growing demand for short-term rentals and multi-generational living arrangements.
- Outdoor Entertainment Features: The property is perfect for additional outdoor amenities like a hot tub, pergola, fire pit, or even a putting green. These upgrades would appeal to vacation renters looking for a luxury desert getaway.
- Sport Court or Play Area: Adding a sport court or similar feature would increase the property’s appeal to families and active vacationers alike.
With a spacious layout, room for customization, and a prime location in Tatum Ranch, this home is well-positioned to generate substantial rental income while appreciating in value over time.
Tatum Ranch: A Hidden Gem in Cave Creek
Located in Cave Creek, AZ, Tatum Ranch is one of the area's most desirable master-planned communities, offering residents modern amenities within a peaceful, desert setting. The community is home to the Tatum Ranch Golf Club, scenic walking trails, and parks, making it a hub for outdoor enthusiasts. Its proximity to top-rated schools, shopping, and dining ensures convenience without sacrificing the quiet, small-town charm that Cave Creek is known for.
Why Cave Creek, AZ, Is Perfect for Investors
Cave Creek is a popular destination for those seeking a blend of western heritage and modern living. The town’s proximity to major highways makes it an ideal location for short-term vacation rentals, attracting visitors year-round for its hiking trails, art galleries, and unique shopping and dining experiences. The demand for vacation rentals in Cave Creek continues to rise, making this home in Tatum Ranch an ideal investment property for anyone looking to capitalize on the area's strong tourism and real estate markets.
Final Thoughts: A Rare Investment Opportunity in Cave Creek
Whether you're searching for a forever home or a high-potential investment property, this stunning home in Tatum Ranch is a rare find. Its modern upgrades, spacious layout, and endless opportunities for customization and revenue generation make it stand out in the competitive Cave Creek real estate market. With the ability to convert the additional room into a bedroom and capitalize on the large backyard for future enhancements, the possibilities are truly limitless.
Contact me today to schedule a viewing and explore the full investment potential of this incredible property. Don't miss out on this chance to own a piece of the Cave Creek lifestyle while securing a long-term revenue-generating asset!
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