Carefree was the long-time home of Southwestern Studios, originally built in 1968 as Fred Graham Studios by actor, stunt man, and Arizona Film Commissioner Fred Graham. The sprawling 160-acre (0.65 km2) desert property adjacent to North Scottsdale featured three state-of-the-art soundstages, edit bays, 35mm screening room, make-up, production facilities, western street and back lot. In the early 1970s, Stage 1 of the studio was used for The New Dick Van Dyke Show starring Dick Van Dyke, Hope Lange, Fannie Flagg, and Marty Brill. Stage 1 also was used for the filming of one of Orson Welles' last films, The Other Side of the Wind, with John Huston, Oja Kodar, Susan Strasberg, Bob Random and Peter Bogdanovich.
The studio was used for the filming of Bob Hope's last feature film, Cancel My Reservation, with Eva Marie Saint, Ralph Bellamy, and Forrest Tucker. Scenes were also shot at the studio for Michaelangelo Antonioni's Zabriskie Point, such as the back-lot house explosion, for Paul Newman's scenes in Pocket Money, for Bill Cosby's feature debut, Man and Boy, specifically the western street, and recently for Bill and Ted's Excellent Adventure, again the western street. The short, silent feature Time River was shot on Stages 2 and 3 and extensively on the back lot and western street sets.
Later known as Carefree Studios, it was razed in 1999. The Scottsdale Road studio back lot and pristine desert property was developed into retail space and residential development.