7501 E HAPPY HOLLOW Drive #12, Carefree, AZ, 85377
About This Home
Experience the best of Carefree living in this charming residence at 7501 E Happy Hollow Dr #12. Set in the heart of the Sonoran Desert, the home offers a peaceful setting framed by stunning mountain views and natural desert beauty. Inside, a warm ski lodge feel welcomes you with a cozy fireplace, quartz countertops, and inviting living spaces designed for comfort and relaxation. Start your mornings in quiet serenity and unwind with vibrant Arizona sunsets, all while enjoying the relaxed lifestyle Carefree is known for. Ideal as a full time residence, seasonal getaway, or investment opportunity, this property offers privacy, a garage, and convenient access to dining, shopping, hiking trails, and local attractions. A rare chance to own in one of Arizona's most sought after communities.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1974
Materials
- Roof: Tile
- Construction materials: Stucco,Painted,Block
Type & Style
- Home type: Townhouse
- Architectural style: Territorial/Santa Fe
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Dryer,Washer,Refrigerator,Built-in Microwave,Dishwasher,Electric Cooktop,Water Purifier
- Laundry features: In Garage
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- High Speed Internet,Double Vanity,Upstairs,Eat-in Kitchen,Vaulted Ceiling(s)
- Window features: Double Pane Windows
- Flooring: Carpet,Laminate,Tile
- Number of fireplaces: 1
- Fireplace: Yes
- Common walls with other units/homes: Two Common Walls
Garage
- Level: First
Heating & Cooling
- Heating features: Electric
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 975
- Total interior livable area: 975 sqft
Kitchen
- Level: Second
Master Bedroom
- Level: Second
Property
Accessibility
- Accessibility features: Mltpl Entries/Exits
Details
- Parcel number: 21683598
- Attached to another structure: Yes
Features
- Stories: 2
- Patio & porch: Patio
- Exterior features: Balcony
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: Mountain(s)
Lot
- Lot size: 110 sqft
- Features: East/West Exposure,Desert Front,Gravel/Stone Back
Parking
- Total spaces: 2
- Parking features: Shared Driveway
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Inland Flooding
- Hail
- Wildfire
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Maricopa County and Arizona
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,769 | $21,228 |
| Home Insurance | $89 | $1,068 |
| Property Taxes | $517 | $6,204 |
| Electricity | $216 | $2,603 |
| Total | $2,591 | $31,092 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-24 | Price change | $350,000 |
| 2026-04-10 | Price change | $375,000 |
| 2026-03-04 | Price change | $399,000 |
| 2026-02-12 | Listed for sale | $415,000 |
| 2021-05-11 | Sold | $315,000 |
| 2021-04-19 | Pending sale | $288,000 |
| 2021-04-13 | Listed for sale | $288,000 |
| 2021-04-09 | Pending sale | $288,000 |
| 2021-04-08 | Listed for sale | $288,000 |
| 2019-08-30 | Sold | $205,000 |
| 2009-06-05 | Sold | $109,000 |
| 2008-06-10 | Sold | $180,574 |
| 2006-11-30 | Sold | $237,000 |
View on Zillow