Prime 5.5 acre parcel ready for development. Will need to be rezoned for commercial development. Only 4 acres of the 5.5 is for sale. Seller will keep 1.5 acres. Call for more detailed information.
Seller will finance with 30% down, 7% interest and 5 year balloon.
Lot/land
$4,000,000
38020 N Vermeersch Rd, Cave Creek, AZ 85331
--beds
--baths
5.54Acres
Land
Built in ----
5.54 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 1143 days |
- 70 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: December 30, 2025 at 08:54am
Listed by:
Pete Baldwin 480-326-6521,
Platinum Realty Network
Source: ARMLS,MLS#: 6505078
Facts & features
Property
Lot
- Size: 5.54 Acres
Details
- Parcel number: 21607008m
- Zoning: RES
- Horses can be raised: Yes
Utilities & green energy
- Electric: APS
- Water: Domestic Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Cave Creek
Financial & listing details
- Tax assessed value: $724,100
- Annual tax amount: $2,506
- Date on market: 1/8/2023
- Cumulative days on market: 1143 days
- Listing terms: Owner May Carry,Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2023 | Price change | $4,000,000+33.6% |
Source:  ARMLS #6505078 Report a problem | ||
| 1/8/2023 | Listed for sale | $2,995,000 |
Source: ARMLS #6505078 Report a problem | ||
| 1/1/2023 | Listing removed | $2,995,000 |
Source: ARMLS #6279964 Report a problem | ||
| 4/14/2022 | Price change | $2,995,000-9.2% |
Source: ARMLS #6279964 Report a problem | ||
| 12/17/2021 | Price change | $3,300,000+3.1% |
Source: ARMLS #6279964 Report a problem | ||
| 9/18/2021 | Listed for sale | $3,200,000+113.3% |
Source: ARMLS #6279964 Report a problem | ||
| 12/7/2011 | Listing removed | $1,500,000 |
Source: Realty One Group #4526816 Report a problem | ||
| 1/27/2011 | Listed for sale | $1,500,000-11.7% |
Source: Prudential American Associates #4526816 Report a problem | ||
| 11/16/2006 | Sold | $1,698,186+10% |
Source: Public Record Report a problem | ||
| 6/29/2006 | Sold | $1,544,082 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,185 -2.8% | $72,410 -1.6% |
| 2024 | $2,248 +2% | $73,580 +49.1% |
| 2023 | $2,204 -5.6% | $49,363 -4.3% |
| 2022 | $2,335 -6.8% | $51,580 +1.3% |
| 2021 | $2,506 +2.9% | $50,900 +16.2% |
| 2020 | $2,434 +3.5% | $43,810 +0.4% |
| 2019 | $2,352 | $43,650 +3.4% |
| 2018 | $2,352 +3.3% | $42,220 +5.5% |
| 2017 | $2,277 +6.7% | $40,000 -7.2% |
| 2016 | $2,134 +7.6% | $43,120 +14% |
| 2015 | $1,983 | $37,820 +18.9% |
| 2014 | -- | $31,820 -18.8% |
| 2013 | -- | $39,210 +8.4% |
| 2012 | -- | $36,180 +9% |
| 2011 | -- | $33,180 -26.2% |
| 2010 | -- | $44,960 -8.3% |
| 2009 | -- | $49,010 -3.4% |
| 2008 | -- | $50,750 +12% |
| 2007 | -- | $45,300 -2.5% |
| 2006 | -- | $46,450 |
| 2005 | -- | $46,450 +21% |
| 2004 | -- | $38,400 +8.6% |
| 2003 | -- | $35,350 +69.1% |
| 2002 | -- | $20,900 |
Find assessor info on the county website
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Neighborhood: 85331
Nearby schools
GreatSchools rating
- 8/10Black Mountain Elementary SchoolGrades: K-6Distance: 3.1 mi
- 10/10Cactus Shadows High SchoolGrades: 8-12Distance: 3.5 mi
- 3/10Sonoran Trails Middle SchoolGrades: 6-8Distance: 7.1 mi
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