7501 E HAPPY HOLLOW Drive 5, Carefree, AZ 85377

$417,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 975 Lot Size (sq. ft.): 127 Status: Active
Current Price: $417,000 Last Modified: 5/14/2026

Overview

Description

Happy Hollow is the Melrose Place of Carefree, Arizona. Tucked into an intimate enclave of only 13 residences, this completely remodeled unit captures the rare blend of lifestyle, charm, privacy, and community that owners here never want to leave. In fact, many sales happen quietly off market as current residents often choose to ''upgrade within'' the community rather than leave it. Surrounded by incredible mountain views, glowing Arizona sunsets, and the unique character that makes Carefree so beloved, this residence offers a lock-and-leave lifestyle without sacrificing warmth or personality. Thoughtfully updated throughout, the home blends modern finishes with the relaxed architectural vibe Happy Hollow is known for. This home features one of the few private yard spaces.

Listing Details MLS# 7028103

Location, Tax & Legal

House Number
7501
Compass
E
Street Name
HAPPY HOLLOW
St Suffix
Drive
City/Town Code
Carefree
State/Province
AZ
Zip Code
85377
Zip4
4265
Country
US
County Code
Maricopa
Assessor Number
216-83-591
Subdivision
CAREFREE VILLAS
Tax Year
2025
Unit #
5
Assessor's Map #
83
Legal Description (Abbrev)
LOT 5 CAREFREE VILLAS MCR 016312
Assessor's Parcel #
591
Tax Municipality
Carefree
Taxes
495

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Townhouse
Dwelling Styles
Attached
Exterior Stories
Yes
# of Interior Levels
Yes
# Bedrooms
2
Full Bathrooms
Yes
Total Bathrooms
Yes
Approx SQFT
975
Price/SqFt
427.69
Horses
N
Builder Name
unknown
Year Built
1974
Lead Based Hazard Disclosure
No
Approx Lot SqFt
127
Community Pool Y/N
Yes
Private Pool Y/N
No
Fireplace YN
Yes
Fireplaces Total
Yes
Elementary School District
Cave Creek Unified District
High School District
Cave Creek Unified District
Elementary School
Black Mountain Elementary School
Jr. High School
Sonoran Trails Middle School
High School
Cactus Shadows High School
Half Bathrooms
0
Approx Lot Acres
0

Remarks Misc

Cross Street
Cave Creek/N. Tranquil Trail
Directions
Cave Creek/Carefree Directions: Cave Creek Rd to Carefree Dr N to Happy Hollow E to Villas, 1st Dr Unit 5

Legal Info

Township
6N
Range
4E
Section
35
Lot Number
5

Basement

Basement Y/N
N

More Information

Items Updated

Floor Partial/Full
Full
Wiring Partial/Full
Partial
Ht/Cool Partial/Full
Partial
Kitchen Partial/Full
Full
Bath(s) Partial/Full
Full

Parking Spaces

Garage Spaces
2
Total Covered Spaces
2
Slab Parking Spaces
0

Showing Notification Methods

Showing Service
Aligned Showings

Special Listing Cond

Owner Occupancy Req
Yes

Construction

Block
Yes

Const - Finish

Stucco
Yes

Roofing

Tile
Yes

Association & Fees

HOA Y/N
Y
HOA Disclosure/Addendum Affirmation
No
HOA Transfer Fee
0
HOA Fee
315
HOA Paid Frequency
Monthly
HOA Name
Carefree Villas
HOA Telephone
866-800-3231
Special Assessment HOA
No
HOA 2 Y/N
N
PAD Fee Y/N
N
Cap Improvement/Impact Fee
2000
Cap Improvement/Impact Fee $/%
$
Prepaid Association Fees HOA
0
Disclosure Fees HOA
0
Other Fees HOA
50
Other Fees Description
HOA
Land Lease Fee Y/N
N
Rec Center Fee Y/N
N
Ttl Mthly Fee Equiv
315

Lockbox Type

Combo
Yes

Architecture

Spanish
Yes

Building Style

2-3-4 Plex
Yes

Master Bathroom

None
Yes

Flooring

Other
Yes

Window Features

Single Pane
Yes
Dual Pane
Yes

Dining Area

Dining in LR/GR
Yes

Heating

Electric
Yes

View

Desert
Yes
Mountain(s)
Yes

Kitchen Features

Dishwasher
Yes
Electric Range
Yes
Built-in Microwave
Yes
Refrigerator
Yes

Cooling

Central Air
Yes

Laundry

Washer Hookup
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Fencing

Block
Yes
Wood
Yes

Water Source

City Water
Yes

Community Pool Features

Fenced
Yes

Exterior Features

Patio
Yes

Spa

None
Yes

Sewer

Septic-In & Connected
Yes

New Financing

Cash
Yes
Conventional
Yes

Utilities

APS
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Landscaping

Gravel/Stone Front
Yes
Gravel/Stone Back
Yes
Desert Front
Yes

Services

City Services
Yes

Unit Style

All on One Level
Yes
Two Levels
Yes

Disclosures

Seller Discl Avail
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

Exterior Mnt of Unit
Yes
Roof Repair
Yes
Roof Replacement
Yes
Blanket Ins Policy
Yes
Garbage Collection
Yes
Front Yard Maint
Yes
Common Area Maint
Yes

Assoc Rules/Info

Pets OK (See Rmrks)
Yes
Rental OK (See Rmks)
Yes

Property Features

Special Listing Cond: Owner Occupancy Req Architecture: Spanish Building Style: 2-3-4 Plex View: Desert; Mountain(s) Master Bathroom: None Flooring: Other Window Features: Single Pane; Dual Pane Community Pool Features: Fenced Spa: None Dining Area: Dining in LR/GR Kitchen Features: Electric Range; Dishwasher; Built-in Microwave; Refrigerator Laundry: Washer Hookup Exterior Features: Patio Construction: Block Const - Finish: Stucco Roofing: Tile Cooling: Central Air Heating: Electric Utilities: APS Water Source: City Water Sewer: Septic-In & Connected Services: City Services Fencing: Block; Wood Landscaping: Gravel/Stone Front; Gravel/Stone Back; Desert Front Lockbox Type: Combo Possession: Close of Escrow Unit Style: All on One Level; Two Levels Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Garbage Collection; Front Yard Maint; Common Area Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail
IDX
Listing Office: Real Broker
Last Updated: May - 14 - 2026
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