
Status: Active
38777 N Ocotillo Ridge Dr
Carefree, AZ 85377
$5,250,000
------/mo*
CalculateSteve Jensen Homes presents the pinnacle of luxury living in the prestigious gated community of Ocotillo Estates. Set on a sprawling 5.21 acres, this 5,252 sq. ft. masterpiece embodies both sophistication and comfort.
From the moment you arrive, every detail reflects world-class craftsmanship and design. The great room's soaring 15' ceiling and statement fireplace set the stage for gatherings, while the chef's kitchen impresses with a waterfall-edge island, custom cabinetry, Wolf and Sub Zero appliances, premium countertops, and designer lighting. An adjacent bar with glass windows opening to the outdoors makes seamless entertaining effortless, complemented by a butler's pantry, mudroom, and expansive laundry suite. The primary retreat is a sanctuary with dual walk-in closets, a spa-inspired bath featuring a soaking tub under a chandelier, dual vanities, and a luxurious walk-in shower. Two additional bedrooms each with their own bathrooms offer privacy and comfort, while a flexible fourth bedroom/office/flex room adapts to your lifestyle needs.
Outdoor living is reimagined with covered patios, a sparkling heated pool and spa, a gas fireplace and fire pit, and an outdoor barbeque perfect for evenings under the Arizona sky. Floor-to-ceiling glass blurs the line between indoors and out, inviting natural light and panoramic views into every space.
Practical luxury abounds with a 4-car garage, abundant storage, and integrated smart home and energy-efficient systems. Blending modern elegance with timeless comfort, this residence is more than a home, it's a statement of refined desert living. And with its premier location, you're just minutes from Carefree and Cave Creek's finest restaurants, boutique shopping, championship golf, and world-class spas. *Please note - smooth colored pool plaster and water to be added to the pool soon. Pool water has been photoshopped/added in for representation purposes. Beige color tint still needs to be added to the driveway.*
Read more- Bedrooms
- 4
- Baths
- 5
- House Size
- 5,252 sqft
- Year Built
- 2025
- Lot Size
- 5.21 ac
- School District
- Cave Creek Unified District
Location
Market Insights
In the last 30 days, homes for sale in 85331, Cave Creek, AZ were on the market for a median of 40 days and 0% of homes sold above list price.

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Get StartedInterior Information
- appliances
- Gas Cooktop
- Built-in Electric Oven
- Water Purifier
- Microwave
- Dishwasher
- Dryer
- Washer
- cooling
- Central Air
- Ceiling Fan(s)
- features
- High Speed Internet
- Double Vanity
- Eat-in Kitchen
- Wet Bar
- Kitchen Island
- Pantry
- High Ceilings
- flooring
- Tile
- Wood
- heating
- Electric
- Ceiling
- window features
- Low Emissivity Windows
- Double Pane Windows
Exterior Information
- features
- Barbecue
- Private Yard
- Storage
- Built-in Barbecue
- fence
- Wrought Iron
- patio and porch
- Patio
- pool
- Heated
- road responsibility
- Private Maintained Road
- roof
- Foam
Property Information
- architectural style
- Contemporary
- builder name
- Steve Jensen Homes
- community
- Gated
- construction
- Synthetic Stucco
- Stone
- Frame
- Low Voc Insulation
- hoa fees
- $465.00
- Quarterly
- hoa includes
- Maintenance Grounds
- lot
- Desert Back
- Desert Front
- parking
- Garage Door Opener
- security features
- Fire Sprinkler System
- sewer
- Septic Tank
- subdivision name
- Ocotillo Ridge Estates
- utilities
- Cable Available
- water source
- Public

- Listed By Chandra Ruch
- chandra.ruch@evusa.com
- (425) 829-5967
- Engel & Voelkers Scottsdale
- (480) 515-5900
- chris.perez@evrealestate.com
- MLS 6928666
Monthly Payments Calculator
Estimated Monthly Cost
$32,491
30 year fixed·6.9% interest rate
- Principal & Interest
- $27,661
- Property Taxes
- $4,375
- Home Insurance
- $300
- HOA Fees
- $155
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.