$4,300,000
SOLD MAR 5, 2025

8741 E Silver Saddle Dr Carefree, AZ 85262

5 Beds
8 Baths
9,887 Sq Ft
3.42 Acres

Recently Sold

$435 Per Sq Ft

14% Below List Price

52 Days on Market

Highlights

  • Guest House
  • Fitness Center
  • Heated Lap Pool
  • Black Mountain Elementary School Rated A-
  • Tennis Courts
  • Gated Parking

About This Home

As of March 2025

Welcome to your own personal Carefree resort with 360° mountain and city light views. Perched atop a 3.4 acre lot with stunning views and privacy, yet just 6 minutes from downtown Carefree/Cave Creek!
Seller has meticulously enhanced this Phil Smith/Alan Tafoya custom home to include every amenity. Full smart house with Savant Pro system to control: lighting, HVAC, Security, Music, TV's and private entry gate. Two pickleball courts, heated diving / lap pool and separate hot tub adorn the expansive patio spaces that wrap around this property to create a true resort level experience.
Spread across multiple levels to maximize privacy and views, this residence features two suites in the main house and a generous attached three bedroom guest casita with separate entry and living spaces. ALL FURNISHINGS IN THE HOME ARE AVAILABLE FOR A TURNKEY EXPERIENCE.

Last Agent to Sell the Property

David Larchez

Compass License #BR631044000

Compass

Co-Listed By

Nathan Waite

Compass License #SA677376000

Last Buyer's Agent

Julie Antunes

Russ Lyon Sotheby's International Realty License #BR533394000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,034

Year Built

  • Built in 1990

Lot Details

  • 3.42 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

Parking

  • 4 Car Direct Access Garage
  • 10 Open Parking Spaces
  • Heated Garage
  • Garage Door Opener
  • Circular Driveway
  • Gated Parking

Property Views

  • City Lights
  • Mountain

Home Design

  • Designed by Alan Tafoya Architects
  • Santa Barbara Architecture
  • Spanish Architecture
  • Roof Updated in 2021
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 9,887 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 8 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Smart Home
  • Fire Sprinkler System

Pool

  • Heated Lap Pool
  • Heated Spa
  • Fence Around Pool
  • Pool Pump
  • Diving Board

Outdoor Features

  • Tennis Courts
  • Balcony
  • Covered patio or porch
  • Outdoor Fireplace
  • Fire Pit
  • Gazebo
  • Outdoor Storage
  • Built-In Barbecue

Schools

  • Black Mountain Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Filtration System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Hallway
  • Guest House

Listing and Financial Details

  • Tax Lot 88
  • Assessor Parcel Number 216-25-092-B

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Phil Smith Custom Homes
  • Cow Track Estates 2 Subdivision, Custom Floorplan

Recreation

  • Pickleball Courts
  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,034

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Tom Darlington & Cave Creek Road
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Alan Tafoya
  • Association Fees Land Lease Fee: N
  • Basement: Y
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2014
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2014
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2017
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2014
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2014
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2014
  • Updated Room Addition: Partial
  • Items Updated Rm Adtn Yr Updated: 2017
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2021
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2014
  • Parking Spaces Slab Parking Spaces: 10.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1990
  • Spa Private: Yes
  • Tax Year: 2024
  • Directions: Right on Cave Creek Road, Left on Tranquil Trail, Right on Rising Sun, continue east on Rising Sun as it becomes Cow Track. Left on Silver Saddle to 8741 with private gated entry.
  • Master Model: Custom
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 3.42
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: COW TRACK ESTATES 2
  • Architectural Style: Spanish, Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: B
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished, Walk-Out Access
  • Flooring: Carpet, Stone, Tile, Wood
  • Basement YN: Yes
  • Spa Features: Heated, Private
  • Accessibility Features: Accessible Hallway(s)
  • Possible Bedrooms: 8
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Fire Pit, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Central Vacuum, Drink Wtr Filter Sys, Furnished(See Rmrks), Fire Sprinklers, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Smart Home, Granite Counters
  • Living Area: 9887.0
  • Stories: 2
  • Window Features: Sunscreen(s), Dual Pane, Wood Frames
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Pickleball Court(s): Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Firepit: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • Basement Description:Walkout: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Private Pickleball Court(s), Balcony, Circular Drive, Covered Patio(s), Gazebo/Ramada, Patio, Private Yard, Storage, Tennis Court(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Variable Speed Pump, Diving Pool, Fenced, Heated, Lap, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail, Vicinity of an Airport
  • Construction Type: Painted, Stucco, Frame - Wood
  • Other Structures: Guest House
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Tennis Court(s): Yes
  • Exterior Features:Private Pickleball Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Temp Controlled, Gated
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 10.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Gated Parking: Yes

Utilities

  • Cooling: Ceiling Fan(s), Programmable Thmstat, Refrigeration
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Pickleball Court(s), Fitness Center
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 148845.0
  • Parcel #: 216-25-092-B
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Phil Smith Custom Homes

Tax Info

  • Tax Annual Amount: 6034.0
  • Tax Book Number: 216.00
  • Tax Lot: 88
  • Tax Map Number: 25.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Sold $4,300,000 -14.0% $435 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
12/21/2024 12/21/24 For Sale $5,000,000 +56.3% $506 / Sq Ft
12/16/2020 12/16/20 Sold $3,200,000 -8.6% $324 / Sq Ft
10/26/2020 10/26/20 For Sale $3,500,000 +10.9% $354 / Sq Ft
08/19/2020 08/19/20 Sold $3,155,000 -7.1% $319 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $3,395,000 +30.6% $343 / Sq Ft
08/17/2017 08/17/17 Sold $2,600,000 -5.5% $263 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
05/14/2017 05/14/17 Price Changed $2,750,000 -21.4% $278 / Sq Ft
04/13/2017 04/13/17 For Sale $3,500,000 +42.9% $354 / Sq Ft
04/17/2013 04/17/13 Sold $2,450,000 -2.0% $248 / Sq Ft
03/19/2013 03/19/13 For Sale $2,500,000 -- $253 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,034 $205,673 -- --
2024 $8,113 $195,879 -- --
2023 $8,113 $203,510 $40,700 $162,810
2022 $8,008 $182,650 $36,530 $146,120
2021 $8,717 $179,780 $35,950 $143,830
2020 $9,469 $161,150 $32,230 $128,920
2019 $9,458 $177,550 $35,510 $142,040
2018 $9,140 $170,080 $34,010 $136,070
2017 $8,845 $176,410 $35,280 $141,130
2016 $8,813 $175,050 $35,010 $140,040
2015 $8,291 $139,070 $27,810 $111,260
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,200,000 New Conventional
Previous Owner $1,100,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $4,300,000 Pioneer Title Agency
Warranty Deed -- Accommodation
Warranty Deed $3,200,000 Security Title Agency Inc
Warranty Deed $3,155,000 Old Republic Title Agency
Warranty Deed $2,600,000 Landmark Title Assurance Age
Warranty Deed $2,450,000 First American Title Ins Co
Warranty Deed -- None Available
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6796769

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-25-092B