• Price $2,900,000
  • Beds3
  • Baths2
  • Sq. Ft.2,800
  • Acres5.99
  • Built1972
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7718 E Golden Reef Road , Cave Creek

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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Essential Information

  • MLS® #5993430
  • Price$2,900,000
  • Taxes$2,376
  • Bedrooms3
  • Bathrooms2.00
  • Square Footage2,800
  • Acres5.99
  • Year Built1972
  • TypeResidential
  • Sub-TypeSingle Family - Detached
  • StyleRanch
  • StatusActive


  • AmenitiesGated Community, Horse Facility
  • UtilitiesAPS, City Electric
  • Garage Spaces2
  • PoolNo Pool


  • ExteriorPainted
  • Exterior FeaturesPatio, Private Street(s)
  • Lot Size10+ Acres
  • RoofComp Shingle
  • ConstructionFrame - Wood

Listing Details

  • Listing OfficeRuss Lyon Sotheby's International Realty

Community Information

  • Land Lease Fee$0
  • Gated CommunityYes
  • Address7718 E Golden Reef Road
  • SubdivisionHidden and Secret Ranch of Patented Land, loaded with water!
  • CityCave Creek
  • CountyMaricopa
  • StateAZ
  • Zip Code85331


  • Interior FeaturesOther (See Remarks)
  • HeatingElectric Heat
  • CoolingCeiling Fan(s), Both Refrig & Evap
  • FireplaceYes
  • Fireplaces1 Fireplace, Fireplace Living Rm
  • # of Stories2

School Information

  • District093 - Cave Creek Unified District
  • ElementaryBlack Mountain
  • MiddleCactus Shadows
  • HighCactus Shadows

Property Location

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Listing information last updated on July 9th, 2020 at 7:02pm AKDT.

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