7718 E GOLDEN REEF Road, Cave Creek, AZ 85331

it's quick and easy

We'll never post to social networks

Name*
First Name Last Name
Phone*
Email*
Password*
*
- I accept the Terms and Confition
Phone
This field is for validation purposes and should be left unchanged.

Already an account? Log in here

Log in

Please check username or password!

No account yet? Register here

Password forgotten? Reset your password

Reset your password

The email address does not seems to be correct!

Please check your email to reset your password

No account yet? Register here

7718 E GOLDEN REEF Road, Cave Creek, AZ 85331

$2,250,000 (Closed)

All pictures

$2,250,000

Closed

est.$2,250,000/month.

Start My Approval

3 beds. baths. 260,820 Sqft.

Get More Info

Agent

Grant Van Dyke
Grant@GrantVanDyke.com
(480) 226-5595
BR561857000

Start An Offer

Payment Calculator

Home Price

Interest Rate

Down Payment

Term

$/mo

Interest Rate,

Mortgage Broker

John Piazza
Draper & Kramer Mortgage
John.Piazza@DKMortgage.com
(630) 699-0001
NMLS# 187634
Company NMLS# 2551

Start My Approval

or Call Now: (630) 699-0001

7718 E GOLDEN REEF Road, Cave Creek, AZ 85331

$2,250,000

Closed

est.$2,250,000/month.

Start My Approval

3 beds 2 baths 260,820 Sq.ft.

Download Listing As PDF

Generating PDF

Property details for 7718 E GOLDEN REEF Road, Cave Creek, AZ 85331

The IDEAL HIDEAWAY in a time of global crisis, Shelter in this private and hidden valley nurturing a bountiful Garden of Eden of over 50 fruit & nut trees, where you could live off the land! What more could you want? Two bubbling artesian wells as we enter a Southwest drought, with miles of hiking and riding trails to enjoy, even an historic gold mine as gold hits record levels, The Golden Star Ranch, minutes N. of Cave Creek. site of the largest 1800's mining camp in the area, now a charming and rustic escape, surrounded by preserve and gov't land, and recently used as a location for a Hollywood motion picture! In addition to the rustic residence there now. Ithis offering ncludes stables, climate-controlled casita/bunkhouse. and 3 land parcels. Be sure to watch the video tour! Check the documents section to see a list of 20 uses of old mine tunnels, OTHER than mining, gathered from around the world. The mine tunnels on the property could be used for some of those ideas, and they have already been used by Hollywood directors, as a filming location. Purchase includes the parcel with the home, APN # 202-99008H, land parcels 202-99-008G, and 202-17-029. The bunkhouse, used for a casita, is air conditioned and heated also. Here's the takeaway from the recent news story this week from the US Geological Survey. The Colorado River is going to be much drier than thought and millions of people will be affected. Here's why: Between 19905 and 1922, when allocations were given out to states bordering the Colorado River, tree ring studies by the University of Arizona, have shown these were extremely wet years, and the water was over appropriated. Further, they didn't take in account evaporation from the future Lake Mead, use by plants and the future guarantee to Mexico in 1944, of millions of acre feet of water. Now, Lake Powell and Lake Mead are over half-empty, the river flow is dwindling . The region is stuck in a 19 year drought, the worst in 1,250 years. And the tree ring studies indicate these dry periods can last 1,000 years. Some scientists doubt the lakes will ever be full pool again. Lake Mead is getting dangerously close to the level that triggers mandatory water cutbacks to lower Colorado basin states when Tier 1 water restrictions kick in. Level of the lake is now 1,096 ft. Mandatory cutbacks start when it hits 1,075 feet (above sea level) Below 1,050 ft., Hoover Dam may not be able to generate electricity. Worst-case scenario is the drop below 895 ft. Water can no longer pass through the dam, the dreaded "dead pool" scenario. Since Arizona gets 40% of its water from the Colorado River, a wise land investor would do well to consider land like this that "makes" its own water.

Broker details: Russ Lyon Sotheby's International Realty

Listed by: Preston Westmoreland
Co-listing Agent: Nancy Westmoreland
Buyer Office: Coldwell Banker Realty
Buyer Agent: Ben Curtin

Property Description

MLS Information

Listing: 5993430
Listing Last Modified: 2023-11-20

Property Details

Standard Status: Closed
Property style: Ranch
Built in: 1972
Subdivision: Hidden and Secret Ranch of Patented Land, loaded w
Lot size area: 260820 Square Feet

Geographic Data

County: Maricopa
MLS Area: Hidden And Secret Ranch Of Patented Land, Loaded W
Directions: Left (West) on Echo Canyon road, this will change to Sierra Vista. Locked gate at the entry.

Features