7718 E Golden Reef Road

    Cave Creek, AZ 85331
    • $2,900,000
    • STATUS: Active
    • MLS #: 5993430
    UPDATED: 53 min ago
    $2,900,000
    • 3
      BEDS
    • 5.99
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 2,800
      SQFT
    • $1,036
      $/SQFT
    Type:
    Single-Family Home
    Built:
    1972
    County:
    Area:

    Description

    Ultimate Safe Sanctuary and Seclusion, in a private and hidden valley with a PREMIERE WATER SOURCE--amazing artesian wells bubbling out over 11,000 gallons of fresh water from the mountain daily, nurturing a bountiful Eden of over 50 fruit & nut trees, terraced gardens w/ paths lined by rose bushes and ivy. ALL PATENTED LAND The historic Golden Star Ranch, minutes N. of Cave Creek, where the Golden Reef Mine was located. The charming and rustic escape, surrounded by preserve and gov't land, was recently used as a location for a motion picture! Gated & private, and a number of luxury homesites have been identified, in addition to the residence there now. Includes stables, climate-controlled casita/bunkhouse. See the video tour! Extra 40 ac of land by separate purchase may be avail.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.

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    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Property Partners at eXp Realty. Data last updated 2020-06-02T13:12:06.833.
    www.propertypartnersaz.com/homes/100451956

    7718 E Golden Reef Road Cave Creek, AZ 85331

    • Price: $2,900,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 5993430
    3
    Beds
    2
    Baths
    0
    ½ Baths
    5.99
    Acres
    2,800
    SQFT
    $1,036
    $/SQFT
    1972
    Built
    Neighborhood:
    Hidden And Secret Ranch Of Patented Land, Loaded With Water!
    County:
    Maricopa
    Area:
    Cave Creek
    Elementary School:
    Black Mountain Elementary School
    Middle School:
    Cactus Shadows High School
    High School:
    Cactus Shadows High School
    School District:
    093 - Cave Creek Unified District
    Property Description
    Ultimate Safe Sanctuary and Seclusion, in a private and hidden valley with a PREMIERE WATER SOURCE--amazing artesian wells bubbling out over 11,000 gallons of fresh water from the mountain daily, nurturing a bountiful Eden of over 50 fruit & nut trees, terraced gardens w/ paths lined by rose bushes and ivy. ALL PATENTED LAND The historic Golden Star Ranch, minutes N. of Cave Creek, where the Golden Reef Mine was located. The charming and rustic escape, surrounded by preserve and gov't land, was recently used as a location for a motion picture! Gated & private, and a number of luxury homesites have been identified, in addition to the residence there now. Includes stables, climate-controlled casita/bunkhouse. See the video tour! Extra 40 ac of land by separate purchase may be avail.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.
    Exterior Features

    Architecture Ranch Carport Spaces 2.00 Construction Frame - Wood Construction Finish Painted Covered Parking Spaces 2.00 Dwelling Styles Detached Exterior Features PatioPrivate Street(S) Fencing None Fencing1 None Garage Spaces 0.00 Horse Features BarnBridle Path AccessCorralOther (See Remarks)StallTack Room Landscaping Desert BackDesert Front Pool None Pool Private No Pool Property Description Hillside LotMountain View(S)Street(S) Not Paved Roofing Comp Shingle Slab Parking Spaces 0.00 Spa None

    Interior Features

    Additional Bedroom Mstr Bdr Walkin Clst Basement YN No Bedrooms Plus 4.00 Cooling Both Refrig & EvapCeiling Fan(S) Dining Area Dining in Lr/Gr Fireplace 1 FireplaceFireplace Living Rm Heating Electric Heat Interior Features Other (See Remarks) Interior Levels 2 Kitchen Features DishwasherDisposalRefrigerator Laundry Inside Laundry Master Bathroom Double SinksSeparate Shwr & TubTub With Jets Master Bedroom Split Other Rooms Exercise/Sauna Room Separate Den Office Yes Sq Ft Range 2751 - 3000 Technology 3+ Exist Tele LinesHighspd Intrnt Aval

    Property Features

    Assoc Rules Info None Association Fee Incl No Fees Builder Name Unknown Cap Imprv Impact Fee 0 Community Features Gated CommunityHorse Facility Cross Street Fleming Springs And Echo Canyon Road Dwelling Type Single Family - Detached Hoa YN N Horses Y Land Lease Fee YN No New Financing CashConventional Ownership Fee Simple Pad Fee 0.00 Pad Fee YN No Rec Center N Sewer SepticSeptic in & Cnctd Source Lot Sq Ft County Assessor Source Sq Ft Owner Special Listing Conditions N/A Tax Municipality Cave Creek Tax Year 2019 Taxes 2376.00 Total Monthly Fee Equiv 0.00 Utilities ApsCity Electric Water Well - Pvtly Owned

    Listing courtesy of Russ Lyon Sotheby's International Realty.


    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Property Partners at eXp Realty. Data last updated 2020-06-02T13:12:06.833.
     
    The Property Partners at eXp Realty
    7454 E Broadway Blvd
    Tucson AZ, 85710