Bordered by Scottsdale to the south and the town of Cave Creek to the West, Carefree has a total area of approximately 10 square miles. This small town is characterized as an upscale residential area–median home value is $850,000. Clean air, less traffic, and tranquility are the top reasons to live in Carefree according to residents. Carefree is 1500 ft higher in elevation compared to central Scottsdale and Phoenix. This and the lack of high-density development make Carefree’s temperatures 5-7 degrees cooler. Carefree is central to many scenic bodies of water in Arizona–Bartlett Lake, Lake Pleasant, and Horseshoe Reservoir. Downtown Carefree has shops, boutiques, art galleries, and restaurants. Both Carefree and the adjacent town of Cave Creek offer several world-class golf courses.