38777 N Ocotillo Ridge Dr

Carefree, AZ 85377

$4,999,950
Price
4
Beds
5
Baths
5,252 Sq. Ft.
$952 / Sq. Ft.
5,252
Sq. Ft.
$952
per Sq. Ft.
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Description

Steve 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,...Steve 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.
  1. Listed by Chandra Ruch • Brokerage DRE #LC689786000 • Engel & Voelkers Scottsdale
    P: (425)-829-5967 C: (425)-829-5967 chandra.ruch@evusa.com

Property Details for 38777 North Ocotillo Ridge Drive

Architectural Style
Contemporary
Subdivision Name
OCOTILLO RIDGE ESTATES
View
Desert, Mountain(s)
View YN
Yes
LISTING UPDATED: 02/08/2026 04:32 AM

Property Details for 38777 North Ocotillo Ridge Drive

StatusActive
MLS #6928666
Days on Market129
Taxes$1,820 / year
HOA Fees$1,860 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2025
Lot Size5.21 AC / 226,947 SF
CountyMaricopa County

Location

Listing Courtesy of Engel & Voelkers Scottsdale
Add your commute

Building Information for 38777 North Ocotillo Ridge Drive

Stories1Year Built2025Building Size-Lot Size5.21 AC / 226,947 SF

Payment Calculator

$24,676 per month

30 year fixed, 6.15% Interest

Principal and Interest

$24,369

Property Taxes

$152

HOA Dues

$155

The Payment Calculator is for illustrative purposes only.

Property Information for 38777 North Ocotillo Ridge Drive

Summary
Location and General Information
  • Unparsed Address: 38777 N OCOTILLO RIDGE Drive, Carefree, AZ 85377
  • City: Carefree
  • Coordinates: -111.9148, 33.836543
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: Cave Creek Rd and Tom Darlington
  • Directions: North at the 4-way stop on Sundance Trail, left on Tranquil Trail, left on Rising Sun, right on Stevens to the gate. Through gate - home is on the right.
  • Latitude: 33.836543
  • Longitude: -111.9148
  • Postal City: Carefree
  • Postal Code: 85377
  • Postal Code Plus4: 4470
  • State Or Province: AZ
  • Street Suffix: Drive
  • Year Built: 2,025
Taxes and HOA
  • Assocsp Rules Infoco Petssp OK splparen Seesp Rmrks rparen: Yes
  • Association Fee: $465.00
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Maintenance Grounds, Street Maint
  • Association Name: Ocotillo Ridge
  • Association Phone: 480-820-3451
  • Association YN: Yes
  • Tax Annual Amount: $1,820.00
  • Tax Book Number: 216.00
  • Tax Legal Description: LOT 21 OCOTILLO RIDGE ESTATES MCR 047546
  • Tax Lot: 21
  • Tax Map Number: 22.00
  • Tax Year: 2,024
Parking
  • Carport Spaces: 0
  • Covered Spaces: 4
  • Garage Spaces: 4
  • Garage YN: Yes
  • Open Parking Spaces: 4
  • Open Parking YN: Yes
  • Parking Features: Garage Door Opener
School Information
  • Elementary School: Black Mountain Elementary School
  • Elementary School District: Cave Creek Unified District
  • High School: Cactus Shadows High School
  • High School District: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School
Property
Lot Information
  • Building Area Total: 5,252
  • Building Area Units: Square Feet
  • Living Area: 5252.0
  • Living Area Source: Architect
  • Living Area Units: Square Feet
  • Lot Features: Desert Back, Desert Front, Natural Desert Back, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Lot Size Acres: 5.21
  • Lot Size Area: 226947.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 226947.0
  • Lot Size Units: Square Feet
Property and Assessments
  • Access Code: #1594
  • Builder Name: Steve Jensen Homes
  • Building Area Source: Architect
  • Disclosures: Seller Discl Avail
  • Documents Count: 1
  • Floor Plans Change Timestamp: 10-03-2025 12:29:30 PM
  • Home Warranty YN: Yes
  • Ownership: Fee Simple
  • Parcel Number: 21622022
  • Property Attached YN: No
  • Property Condition: Complete Spec Home
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Public Survey Range: 4E
  • Public Survey Section: 26
  • Public Survey Township: 6N
  • Road Responsibility: Private Maintained Road
Green Features
  • Green Water Conservation: Tankless Ht Wtr Heat, Recirculation Pump
Utilities
  • Electric On Property YN: Yes
  • Sewer: Septic Tank
  • Water Source: City Water
Interior and Exterior Features
Exterior Features
  • Community Features: Gated
  • Construction Materials: Synthetic Stucco, Wood Frame, Low VOC Paint, Painted, Stone
  • Exterior Features: Private Yard, Storage, Built-in Barbecue
  • Fencing: Wrought Iron
  • Horse YN: No
  • Patio And Porch Features: Private Yard, Storage, Built-in Barbecue
  • Pool Features: Outdoor, Heated
  • Pool Private YN: Yes
  • Roof: Foam
  • Security Features: Fire Sprinkler System
  • Stories Total: 1
Interior Features
  • Bathrooms Total Decimal: 4.5
  • Kitchensp Featuresco Builthypheninsp Microwave: Yes
  • Kitchensp Featuresco Multiplesp Ovens: Yes
  • Kitchensp Featuresco Reversesp Osmosis: Yes
  • Bathrooms Total Integer: 5
  • Bedrooms Possible: 4
  • Bedrooms Total: 4
  • Cooling: HVAC SEER Rating, Central Air, Ceiling Fan(s), Programmable Thmstat
  • Cooling YN: Yes
  • Fireplace YN: Yes
  • Flooring: Tile, Wood
  • Heating: Electric, Ceiling
  • Heating YN: Yes
  • Interior Features: Walk-in Pantry, Non-laminate Counter, High Speed Internet, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Laundry Features: Inside
  • Spa Features: Heated, Private
  • Window Features: Low-Emissivity Windows, Dual Pane
Room Information
Room Information
  • Mastersp Bedroomco Split: Yes
  • Othersp Roomsco Greatsp Room: Yes
  • Rooms Total: 7
Rental
Rent Information
  • Land Lease YN: No

Property History for 38777 North Ocotillo Ridge Drive

DateEvent & SourcePriceAppreciation
Feb 6, 2026

Price Change

ARMLS #6928666

$4,999,950—
Oct 3, 2025

Listed (Active)

ARMLS #6928666

$5,250,000—
Apr 23, 2024

Sold (Public Record)

Public Record #1531332372

$700,000

+32.6% / yr

Feb 1, 2021

Sold (Public Record)

Public Record #1452525171

$282,000—
Feb 1, 2021

Sold (Public Record)

Public Record #691360089

$282,000

+0.2% / yr

Jan 22, 2003

Sold (Public Record)

Public Record #106594957

$271,600—
DateEvent & SourcePrice
02/06/2026

Price Change

ARMLS #6928666

$4,999,950
10/03/2025

Listed (Active)

ARMLS #6928666

$5,250,000
04/23/2024

Sold (Public Record)

Public Record #1531332372

$700,000

+32.6% / yr

02/01/2021

Sold (Public Record)

Public Record #1452525171

$282,000
02/01/2021

Sold (Public Record)

Public Record #691360089

$282,000

+0.2% / yr

01/22/2003

Sold (Public Record)

Public Record #106594957

$271,600

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 38777 North Ocotillo Ridge Drive

Taxable ValueLand-Additions-Total-
Tax Record2025$1,828 ($152 / month)
Home Facts
Beds0Lot Size226,948 SqFtStyleSingle Family ResidenceZoningRURAL-190CountyMARICOPAAPN216-22-022

Schools near 38777 North Ocotillo Ridge Drive

This home is within Cave Creek Unified District.
Rating
School
Type
Grades
Distance
Black Mountain Elementary School
Public - K to 6
Sonoran Trails Middle School
Public - 6 to 8
Cactus Shadows High School
Public - 8 to 12
Cave Creek Academy of Excellence
Public - K to 12
Rating
School
Distance
Black Mountain Elementary School
PublicK to 6

Sonoran Trails Middle School
Public6 to 8

Cactus Shadows High School
Public8 to 12

Cave Creek Academy of Excellence
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 38777 North Ocotillo Ridge Drive, Carefree, AZ 85377

38777 North Ocotillo Ridge Drive is a single family home for sale in Carefree, AZ 85377. This property was listed for sale on October 3, 2025 by Engel & Voelkers Scottsdale, it's currently listed at $4,999,950. It has been on the market for a total of 129 days and was last sold on April 23, 2024. This listing's school district is Cave Creek Unified District. Nearby schools include Black Mountain Elementary School, Sonoran Trails Middle School and Cactus Shadows High School. 38777 North Ocotillo Ridge Drive is a 4-bed, 5-bath, 5,252 sqft single family home built in 2025.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Engel & Voelkers Scottsdale

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.