Fountain Hills Luxury May 09

FOUNTAIN HILLS’ LUXURY HOMES ARE OUR SPECIALTIES!

It’s exciting to see so much improvement in the marketplace!

Fountain Hills luxury real estate sales are very encouraging with more homes under contract and closing escrow.

Days on market for competitively priced homes are declining.

It appears that buyers who have been waiting for just the right time to purchase are now writing offers. As confidence grows and the recently improved sales statistics become common knowledge, buyers will understand that today’s tremendous values are diminishing. Several offers are being written and negotiated at this time in all luxury neighborhoods.

Feel free to contact me and I can discuss this with you personally. I’m here to answer your questions, give you guidance, empower you with statistics, facts and trends.

Considering selling your home? Have friends or family considering making Fountain Hills their home? Don’t make a move without talking to me first. You’ll be glad you did!

The Pellegrini Group’s Available Luxury Properties

FireRock Homes 9222 N. Fireridge Trl. 4593 SF / 3 Bed / 4.5 Bath $1,595,000 9710 N. Palisades Blvd.

5200 SF / 4 Bed / 5 Bath $2,200,000 9917 N. Palisades Blvd.

6632 SF / 4 Bed / 4.5 Bath $2,499,000 10120 N. McDowell View Trl. 8567 SF / 5 Bed / 7 Bath $2,599,000 9225 N. Lava Bluff Trl. 5982 SF / 4 Bed / 4.5 Bath (2 lots) $2,900,000 10220 N. Palisades Blvd.

6381 SF / 4 Bed / 4.5 Bath $3,200,000 Vacant Land Parcels 10120 N. McDowell View Trl. #18 .79 Acres $299,000 9816 N. Palisades Blvd. #12 . 45 Acres $425,000 9724 N. Palisades Blvd. #13 .49 Acres $425,000 9710 N. Palisades Blvd. #14 .46 Acres $425,000 9115 N. Fireridge Trl. #19 .81 Acres $449,000 NEW! 15515 E. FireRock Country Club Dr. #7 .87 Acres $500,000 Crestview 11018 N. Arista Ln. #62 1.70 Acres $650,000

WWW.THEPELLEGRINIGROUP.COM

SONORAN PROPERTIES GMAC REAL ESTATE

Direct: 480.315.1575 • Toll Free: 800.626.1855 Fax: 480.323.2089 Susan@Pellegrini.com If your home is currently listed, this is not a solicitation for that listing.

May 2009

A COLLECTION OF NEWLY LISTED PROPERTIES & RECENT SALES IN

Address Sq. Ft. / Bed / Bath List Price Balera At FireRock Pending 16331 E. Terrace Ln. 2736 / 3 / 3.5 $424,000 16323 E. Ridgeline Dr. 2454 / 3 / 2.5 $429,000 10424 N. Northridge Dr. 2369 / 2 / 2 $445,000 FireRock New Lot 16054 E. Star Gaze Trl. #9 0.93 acres $199,000 New Active Listings 9446 N. Desert Wash Trl. 5393 / 4 / 5 $995,685 10306 N. Fire Canyon NA / 4 / 4.5 $997,000 9103 N. Fireridge Trl. 3800 / 3 / 3 $1,095,000 15915 E. Tombstone Trl. 4000 / 3 / 3.5 $1,400,000 10139 N. Azure Vista Trl. 3314 / 3 / 5 $1,495,000 9045 N. Shadow Ridge Trl. 4807 / 4 / 4.5 $1,995,000 9733 N. Four Peaks Way NA / 5 / 7 $2,290,000 Pending 15142 E. Cholla Crest Trl. 3564 / 3 / 3 $879,900 9029 N. FireRidge Trl. 5254 / 3 / 3.5 $1,595,000 Closed Sold Price 16044 E. Star Gaze Trl. 3984 / 4 / 4 $884,000 16005 E. Villas Dr. #109 2980 / 3 / 3 $1,196,000 15635 E. FireRock C C Dr. 10128 / 5 / 6.5 $2,850,000 Crestview New Lot 14321 E. Dancing Bears Ct. #30 2.02 acres $450,000 New Active Listing 10842 N. Arista Ln. 5073 / 5 / 3.5 $2,700,000 Closed Sold Price 14336 E. Dancing Bears Ct. 5700 / 4 / 4.5 $649,365 11007 N. Crestview Dr. 6901 / 5 / 6.5 $1,050,000 Summit at Crestview New Active Listing 10635 N. Skyline Dr. 2472 / 2 / 2.5 $689,000 Eagle Mountain New Active Listing 9440 N. Crimson Canyon 5450 / 5 / 5 $1,949,500 North Heights Closed Sold Price 15239 E. Carmelita Ct. 3171 / 4 / 3 $605,000 Shadow Canyon New Lot 14435 E. Shadow Canyon Dr. #36 0.8 acres $295,000 StoneRidge New Lots 15016 N. Sunburst Dr. #16 1.27 acres $369,000 13818 N. Sunset Dr. #22 0.32 acres $369,000 New Active Listings 15243 E. Stardust Dr. 3560 / 4 / 4 $750,000 15144 E. Sunburst Dr. 4156 / 5 / 3.75 $995,000 Pending 15531 E. Tacony Dr. 6880 / 4 / 4.5 $689,900 Closed Sold Price 15336 E. Valverde Dr. 4241 / 4 / 3.5 $800,000 Eagle’s Nest Pending 14329 E. Zorra Way 5820 / 4 / 4.5 $950,000 Sunridge Canyon New Active Listing 13330 N. Sunridge Dr. 5760 / 4 / 7 $1,980,000 Pending 15344 E. Sundown Dr. 3107 / 3 / 3.5 $900,000 Closed Sold Price 15204 E. Sundown Dr. 4129 / 4 / 4.5 $1,250,000

All information is deemed reliable but not guaranteed.

The properties on this list have been listed/sold by various participants in the MLS.

Produced by Desert Lifestyle Publishing • 480.460.0996

ISSN-1939-9529

The Finishing Touch

Choosing Artwork for Your Home

Have a Home in Escrow?

Tackling Termite Trouble

Bold & Inventive

Cowboy Ciao’s Famous Stetson Salad Fountain Hills’

Hot Real Estate Listings

Featuring Cowboy Ciao 7133 E. Stetson Dr. • Scottsdale 480.946.3111 or cowboyciao.com

STETSON CHOPPED SALAD Ingredients: 2 oz. Israeli cous cous, cooked & chilled 2 oz. arugula, chopped 2 oz. Roma tomatoes, diced 1 1/2 oz. smoked salmon, diced 1/2 oz. Asiago cheese, crumbled 1/2 oz. pepitas, toasted 1/2 oz. dried black currants 1 oz. air-dried sweet corn Combine cheese, pepitas and dried currants in a separate bowl. This Ciao ‘trail mix’ is one of the six components of the salad. In a shallow bowl, arrange the six rows with contrasting colors next to each other. After presenting the salad, drizzle dressing on top and toss. Serve extra dressing on the side if desired.

Pesto Buttermilk Dressing: (Makes one generous pint) 1/2 cup basil pesto 1 ea. shallot, rough chop 1 cup aioli 1 cup buttermilk 1/2 tsp. coarse black pepper 1/2 ea. lemon, juice only salt & pepper to taste Add first three ingredients to food processor and blend thoroughly. With motor running pour in buttermilk. Add remaining ingredients to combine. Store in refrigerator up to one week.

Ever been to a friend’s house and been impressed by his or her art collection?

Picking the right painting or sculpture for rooms in your home can be a painstaking process. Do you choose the artwork first and then design the rest of the room around the painting? Or do you design your room first

and then look for just the right artwork as the pièce de résistance to your decor?

(The latter is correct.) No doubt, choosing artwork is a personal endeavor. After all, you’re the only one who knows if you like how something looks. But there are some guidelines when it comes to making the

best choices for your abode. We spoke with Robb & Stucky interior designer Davinder Chawla for some expert tips.

The first thing to consider when choosing a work of art for your home: Stick with your style. “You have to know the style of your house,” says Chawla. “Is it traditional, is it contemporary, is it more transitional? Then your artwork should reflect the same or a complementary style.” In other words, you may not want to hang an ultra-modern painting over your mantel if your home is more rustic or traditional. Some styles, however, do meld. “For example, American Indian art can be used in a contemporary lifestyle or setting,” says Chawla.

Next, think color. Pick up on hues from the fabrics in your room and the paint colors on the walls and look for complementary artwork. Of course, it doesn’t have to be an exact match. “The scale of your artwork is also very important,” says Chawla. “If you have a large ten-foot wall space, you don’t want a small 36” X 36” piece of art.

The art also has to work with the scale of the furniture.” If you have grand, stately furniture, for example, small paintings will be overshadowed and feel out of place.

You may also wonder if it’s okay to mix different art mediums – painting, sculpture, and metal artwork, for example – in the same space. The answer is absolutely yes.

If you have too many paintings in the room, it’s better to add a sculpture or bring in some metal or iron art to add some texture

HOME INSPECTION REVEALS TERMITES? HOW TO PROCEED. It’s been said that there are two types of homes in Arizona – homes that have termites, and homes that will. Surprisingly, despite our state’s exceedingly dry conditions, those pesky wood-gorging creatures have made a permanent home here, primarily living below the earth and venturing out to sometimes do serious damage. In fact, some areas of the Valley have jokingly been referred to as “termite alley.”

Should buyers with a home in escrow be concerned if there is evidence of termites?

Not necessarily. Termites are very common here and also very treatable. The presence of termites or the indication of a past infestation isn’t always a reason to cancel the purchase. The important thing is to treat the problem and maintain a warranty.

So, how does a homebuyer whose new home is in escrow protect against infestation, or proceed with the sale upon learning they may be sharing their new space with unwanted guests? “Typically, when a buyer is purchasing a home,” says Sharon Wolf-Furman, co-owner of AJF Engineering, a residential and commercial termite inspection company in the Valley, “99.9 percent of the time, they first have a termite inspection which covers ‘wood destroying insects’ only.”

In most cases, it’s up to the buyer to pay for the inspection, although there are cases where the buyer may request credit at the close of escrow or have the seller pay for the treatment. If the home is purchased through an FHA mortgage, it may be required that the house be treated and the bank provide credit.

Termite inspectors are required to look for several things including evidence of termite infestation and “conducive conditions.” Conducive conditions are those such as moisture around the foundation of the home that would be termite-friendly.

Searching for evidence of termites does not actually mean seeing the critters. “What it does mean,” Furman explains, “is finding their shelter tubes or damage to baseboard moldings or door frames, although coming across that is less common.”

Inspectors are also required to look for previous termite treatment such as drill holes or a bait station system. Drill holes would typically be on the floor slab in a garage or

to the room. “Art is not just a canvas or a painting,” says Chawla. “It can be anything – sculpture, lighting, mirrors, sconces.” So go ahead and mix it up!

Variety is also a plus when it comes to how you hang your art. If, for example, you have two large pieces of art in a room, do some groupings of smaller paintings on the third or fourth wall. “Don’t have all small pieces or all large pieces,” Chawla suggests. And don’t be afraid to go bare. “Having too many pieces of art in the room is not a good thing to do,” adds Chawla. “You have to look at a room and see how many walls and windows there are. You don’t have to have a piece of art for every single wall.”

One mistake Chawla often sees her clients make in their own homes: Choosing too many small pieces of art, which can make a wall look cluttered. “One big piece would be better,” says Chawla. “Adding a bigger piece will open up the room and make the room appear bigger. If you have a small house and a small room, lots of small paintings will make the room look even smaller.”

Finally, don’t forget to have someone assist you when you hang your artwork.

Have them hold the pieces up while you stand back to judge placement. The art should be at eye level – not too high and not too low. And light is very important. If possible, highlight your works of art with recessed can lighting overhead. Once your pieces are hung, friends will soon be admiring your artistic eye!

ROOF PLUMBING

on the outside patio. For this treatment, holes are drilled then filled with a “termacide” which can eliminate infestation. Bait systems involve filling hollow plastic tubes with a wood product soaked with termacide. Termites eat the chemical, bring it back to their colony and eventually wipe it out. “If the house does have evidence of prior treatment,” Furman says, “we tell the buyer to find out from the seller if there is a warranty on the treatment. If there is, that same company could spot treat the areas.” If there’s no warranty, it’s recommended the buyer treat the home and maintain a warranty for as long as they own the home.

Fortunately, Arizona regulates the inspection for termites, mandating a report from inspectors; however, the state is also very clear that the inspection is only a visual one for the day of the inspection. It will reduce the risk for homebuyers, but not eliminate it. And, although inspections are quite thorough, there could be significant termite damage that goes undetected, for example behind a wall covered by sheet rock.

The average cost of termite treatment is $600-$800, increasing with larger homes. So by all means, if you’ve found the ideal property but were disappointed to learn it has or had termites, don’t fret. Keep in mind that the subterranean termites that inhabit the Valley are generally easily treated. Your Realtor is a good source of advice and information about termites and termite inspections. Turn to them with any concerns that you may have.

ELECTRICAL TERMITES

FOUNDATION

MAY 2009 Stomp ASU Gammage, May 5th-10th 480.965.3434 or asugammage.com This unique, explosive musical performance will keep the whole family entertained. The eight-member troupe uses just about anything as their percussion instruments. Well, anything but actual instruments.

Performers will use wooden poles, garbage cans, hub caps and recently added paint cans to create their amazing rhythms. You won’t look at your pots and pans the same way after seeing this performance!

9th Annual Golf 2 Save the Family The Phoenician Resort & Spa, May 9th 480.898.0228 or savethefamily.org Established in 1989, Save the Family was created to help homeless families with transitional housing, case management and supportive services. Take part in their annual golf event to raise proceeds to fund all of those programs. Each registration includes a round of golf, breakfast and lunch, and range balls. There will also be a silent auction.

Jimmy Buffett and the Coral Reefer Band Cricket Wireless Pavilion, May 14th 602.254.7200 or livenation.com If you have never been to a Jimmy Buffett concert, you are in for a treat. The always easy-going, island-loving singer brings his Summerzcool 2009 tour to town. Fans can expect to hear favorites such as Margaritaville, Come Monday and Cheeseburger in Paradise. Parrotheads unite!

Peach Festival Schnepf Farms, May 15th-17th 480.987.3100 or peachfestival.net It’s that time of the year again: Peach-picking season!

Come out and enjoy a “peachy-keen” day with all things peach. You can partake of juicy peach sampling or even a wonderful peach-pancake breakfast. The festival will also have live entertainment and fun rides for the entire family to enjoy. Although the event is only for this one weekend, peach picking will be available every weekend during the month of May. International Museum Day Heard Museum and Phoenix Art Museum, May 18th 602.252.8848 or heard.org In celebration of International Museum Day, the Heard Museum and the Phoenix Art Museum are both offering two-for-one admission. Explore all the great history the Heard Museum has to offer then take a short stroll to the Phoenix Art Museum where you can enjoy some of the new exhibits such as Charting the Canyon – a collection of photographs of the Grand Canyon.

Arizona Diamondbacks Chase Field, May 30th 602.514.8400 or arizona.diamondbacks.mlb.com Root, root, root for our home team as they battle it out against the Atlanta Braves. If you have not yet taken in a game at Chase Field, you will be amazed at how baseball fields have evolved. From the signature swimming pool to the retractable roof, Chase Field is sure to impress you. Arrive early, as the first 25,000 fans will receive a Stephen Drew bobble head.

Featuring Cowboy Ciao 7133 E. Stetson Dr. • Scottsdale 480.946.3111 or cowboyciao.com

STETSON CHOPPED SALAD Ingredients: 2 oz. Israeli cous cous, cooked & chilled 2 oz. arugula, chopped 2 oz. Roma tomatoes, diced 1 1/2 oz. smoked salmon, diced 1/2 oz. Asiago cheese, crumbled 1/2 oz. pepitas, toasted 1/2 oz. dried black currants 1 oz. air-dried sweet corn Combine cheese, pepitas and dried currants in a separate bowl. This Ciao ‘trail mix’ is one of the six components of the salad. In a shallow bowl, arrange the six rows with contrasting colors next to each other. After presenting the salad, drizzle dressing on top and toss. Serve extra dressing on the side if desired.

Pesto Buttermilk Dressing: (Makes one generous pint) 1/2 cup basil pesto 1 ea. shallot, rough chop 1 cup aioli 1 cup buttermilk 1/2 tsp. coarse black pepper 1/2 ea. lemon, juice only salt & pepper to taste Add first three ingredients to food processor and blend thoroughly. With motor running pour in buttermilk. Add remaining ingredients to combine. Store in refrigerator up to one week.

Ever been to a friend’s house and been impressed by his or her art collection?

Picking the right painting or sculpture for rooms in your home can be a painstaking process. Do you choose the artwork first and then design the rest of the room around the painting? Or do you design your room first

and then look for just the right artwork as the pièce de résistance to your decor?

(The latter is correct.) No doubt, choosing artwork is a personal endeavor. After all, you’re the only one who knows if you like how something looks. But there are some guidelines when it comes to making the

best choices for your abode. We spoke with Robb & Stucky interior designer Davinder Chawla for some expert tips.

The first thing to consider when choosing a work of art for your home: Stick with your style. “You have to know the style of your house,” says Chawla. “Is it traditional, is it contemporary, is it more transitional? Then your artwork should reflect the same or a complementary style.” In other words, you may not want to hang an ultra-modern painting over your mantel if your home is more rustic or traditional. Some styles, however, do meld. “For example, American Indian art can be used in a contemporary lifestyle or setting,” says Chawla.

Next, think color. Pick up on hues from the fabrics in your room and the paint colors on the walls and look for complementary artwork. Of course, it doesn’t have to be an exact match. “The scale of your artwork is also very important,” says Chawla. “If you have a large ten-foot wall space, you don’t want a small 36” X 36” piece of art.

The art also has to work with the scale of the furniture.” If you have grand, stately furniture, for example, small paintings will be overshadowed and feel out of place.

You may also wonder if it’s okay to mix different art mediums – painting, sculpture, and metal artwork, for example – in the same space. The answer is absolutely yes.

If you have too many paintings in the room, it’s better to add a sculpture or bring in some metal or iron art to add some texture

HOME INSPECTION REVEALS TERMITES? HOW TO PROCEED. It’s been said that there are two types of homes in Arizona – homes that have termites, and homes that will. Surprisingly, despite our state’s exceedingly dry conditions, those pesky wood-gorging creatures have made a permanent home here, primarily living below the earth and venturing out to sometimes do serious damage. In fact, some areas of the Valley have jokingly been referred to as “termite alley.”

Should buyers with a home in escrow be concerned if there is evidence of termites?

Not necessarily. Termites are very common here and also very treatable. The presence of termites or the indication of a past infestation isn’t always a reason to cancel the purchase. The important thing is to treat the problem and maintain a warranty.

So, how does a homebuyer whose new home is in escrow protect against infestation, or proceed with the sale upon learning they may be sharing their new space with unwanted guests? “Typically, when a buyer is purchasing a home,” says Sharon Wolf-Furman, co-owner of AJF Engineering, a residential and commercial termite inspection company in the Valley, “99.9 percent of the time, they first have a termite inspection which covers ‘wood destroying insects’ only.”

In most cases, it’s up to the buyer to pay for the inspection, although there are cases where the buyer may request credit at the close of escrow or have the seller pay for the treatment. If the home is purchased through an FHA mortgage, it may be required that the house be treated and the bank provide credit.

Termite inspectors are required to look for several things including evidence of termite infestation and “conducive conditions.” Conducive conditions are those such as moisture around the foundation of the home that would be termite-friendly.

Searching for evidence of termites does not actually mean seeing the critters. “What it does mean,” Furman explains, “is finding their shelter tubes or damage to baseboard moldings or door frames, although coming across that is less common.”

Inspectors are also required to look for previous termite treatment such as drill holes or a bait station system. Drill holes would typically be on the floor slab in a garage or

to the room. “Art is not just a canvas or a painting,” says Chawla. “It can be anything – sculpture, lighting, mirrors, sconces.” So go ahead and mix it up!

Variety is also a plus when it comes to how you hang your art. If, for example, you have two large pieces of art in a room, do some groupings of smaller paintings on the third or fourth wall. “Don’t have all small pieces or all large pieces,” Chawla suggests. And don’t be afraid to go bare. “Having too many pieces of art in the room is not a good thing to do,” adds Chawla. “You have to look at a room and see how many walls and windows there are. You don’t have to have a piece of art for every single wall.”

One mistake Chawla often sees her clients make in their own homes: Choosing too many small pieces of art, which can make a wall look cluttered. “One big piece would be better,” says Chawla. “Adding a bigger piece will open up the room and make the room appear bigger. If you have a small house and a small room, lots of small paintings will make the room look even smaller.”

Finally, don’t forget to have someone assist you when you hang your artwork.

Have them hold the pieces up while you stand back to judge placement. The art should be at eye level – not too high and not too low. And light is very important. If possible, highlight your works of art with recessed can lighting overhead. Once your pieces are hung, friends will soon be admiring your artistic eye!

ROOF PLUMBING

on the outside patio. For this treatment, holes are drilled then filled with a “termacide” which can eliminate infestation. Bait systems involve filling hollow plastic tubes with a wood product soaked with termacide. Termites eat the chemical, bring it back to their colony and eventually wipe it out. “If the house does have evidence of prior treatment,” Furman says, “we tell the buyer to find out from the seller if there is a warranty on the treatment. If there is, that same company could spot treat the areas.” If there’s no warranty, it’s recommended the buyer treat the home and maintain a warranty for as long as they own the home.

Fortunately, Arizona regulates the inspection for termites, mandating a report from inspectors; however, the state is also very clear that the inspection is only a visual one for the day of the inspection. It will reduce the risk for homebuyers, but not eliminate it. And, although inspections are quite thorough, there could be significant termite damage that goes undetected, for example behind a wall covered by sheet rock.

The average cost of termite treatment is $600-$800, increasing with larger homes. So by all means, if you’ve found the ideal property but were disappointed to learn it has or had termites, don’t fret. Keep in mind that the subterranean termites that inhabit the Valley are generally easily treated. Your Realtor is a good source of advice and information about termites and termite inspections. Turn to them with any concerns that you may have.

ELECTRICAL TERMITES

FOUNDATION

MAY 2009 Stomp ASU Gammage, May 5th-10th 480.965.3434 or asugammage.com This unique, explosive musical performance will keep the whole family entertained. The eight-member troupe uses just about anything as their percussion instruments. Well, anything but actual instruments.

Performers will use wooden poles, garbage cans, hub caps and recently added paint cans to create their amazing rhythms. You won’t look at your pots and pans the same way after seeing this performance!

9th Annual Golf 2 Save the Family The Phoenician Resort & Spa, May 9th 480.898.0228 or savethefamily.org Established in 1989, Save the Family was created to help homeless families with transitional housing, case management and supportive services. Take part in their annual golf event to raise proceeds to fund all of those programs. Each registration includes a round of golf, breakfast and lunch, and range balls. There will also be a silent auction.

Jimmy Buffett and the Coral Reefer Band Cricket Wireless Pavilion, May 14th 602.254.7200 or livenation.com If you have never been to a Jimmy Buffett concert, you are in for a treat. The always easy-going, island-loving singer brings his Summerzcool 2009 tour to town. Fans can expect to hear favorites such as Margaritaville, Come Monday and Cheeseburger in Paradise. Parrotheads unite!

Peach Festival Schnepf Farms, May 15th-17th 480.987.3100 or peachfestival.net It’s that time of the year again: Peach-picking season!

Come out and enjoy a “peachy-keen” day with all things peach. You can partake of juicy peach sampling or even a wonderful peach-pancake breakfast. The festival will also have live entertainment and fun rides for the entire family to enjoy. Although the event is only for this one weekend, peach picking will be available every weekend during the month of May. International Museum Day Heard Museum and Phoenix Art Museum, May 18th 602.252.8848 or heard.org In celebration of International Museum Day, the Heard Museum and the Phoenix Art Museum are both offering two-for-one admission. Explore all the great history the Heard Museum has to offer then take a short stroll to the Phoenix Art Museum where you can enjoy some of the new exhibits such as Charting the Canyon – a collection of photographs of the Grand Canyon.

Arizona Diamondbacks Chase Field, May 30th 602.514.8400 or arizona.diamondbacks.mlb.com Root, root, root for our home team as they battle it out against the Atlanta Braves. If you have not yet taken in a game at Chase Field, you will be amazed at how baseball fields have evolved. From the signature swimming pool to the retractable roof, Chase Field is sure to impress you. Arrive early, as the first 25,000 fans will receive a Stephen Drew bobble head.

FOUNTAIN HILLS’ LUXURY HOMES ARE OUR SPECIALTIES!

It’s exciting to see so much improvement in the marketplace!

Fountain Hills luxury real estate sales are very encouraging with more homes under contract and closing escrow.

Days on market for competitively priced homes are declining.

It appears that buyers who have been waiting for just the right time to purchase are now writing offers. As confidence grows and the recently improved sales statistics become common knowledge, buyers will understand that today’s tremendous values are diminishing. Several offers are being written and negotiated at this time in all luxury neighborhoods.

Feel free to contact me and I can discuss this with you personally. I’m here to answer your questions, give you guidance, empower you with statistics, facts and trends.

Considering selling your home? Have friends or family considering making Fountain Hills their home? Don’t make a move without talking to me first. You’ll be glad you did!

The Pellegrini Group’s Available Luxury Properties

FireRock Homes 9222 N. Fireridge Trl. 4593 SF / 3 Bed / 4.5 Bath $1,595,000 9710 N. Palisades Blvd.

5200 SF / 4 Bed / 5 Bath $2,200,000 9917 N. Palisades Blvd.

6632 SF / 4 Bed / 4.5 Bath $2,499,000 10120 N. McDowell View Trl. 8567 SF / 5 Bed / 7 Bath $2,599,000 9225 N. Lava Bluff Trl. 5982 SF / 4 Bed / 4.5 Bath (2 lots) $2,900,000 10220 N. Palisades Blvd.

6381 SF / 4 Bed / 4.5 Bath $3,200,000 Vacant Land Parcels 10120 N. McDowell View Trl. #18 .79 Acres $299,000 9816 N. Palisades Blvd. #12 . 45 Acres $425,000 9724 N. Palisades Blvd. #13 .49 Acres $425,000 9710 N. Palisades Blvd. #14 .46 Acres $425,000 9115 N. Fireridge Trl. #19 .81 Acres $449,000 NEW! 15515 E. FireRock Country Club Dr. #7 .87 Acres $500,000 Crestview 11018 N. Arista Ln. #62 1.70 Acres $650,000

WWW.THEPELLEGRINIGROUP.COM

SONORAN PROPERTIES GMAC REAL ESTATE

Direct: 480.315.1575 • Toll Free: 800.626.1855 Fax: 480.323.2089 Susan@Pellegrini.com If your home is currently listed, this is not a solicitation for that listing.

May 2009

A COLLECTION OF NEWLY LISTED PROPERTIES & RECENT SALES IN

Address Sq. Ft. / Bed / Bath List Price Balera At FireRock Pending 16331 E. Terrace Ln. 2736 / 3 / 3.5 $424,000 16323 E. Ridgeline Dr. 2454 / 3 / 2.5 $429,000 10424 N. Northridge Dr. 2369 / 2 / 2 $445,000 FireRock New Lot 16054 E. Star Gaze Trl. #9 0.93 acres $199,000 New Active Listings 9446 N. Desert Wash Trl. 5393 / 4 / 5 $995,685 10306 N. Fire Canyon NA / 4 / 4.5 $997,000 9103 N. Fireridge Trl. 3800 / 3 / 3 $1,095,000 15915 E. Tombstone Trl. 4000 / 3 / 3.5 $1,400,000 10139 N. Azure Vista Trl. 3314 / 3 / 5 $1,495,000 9045 N. Shadow Ridge Trl. 4807 / 4 / 4.5 $1,995,000 9733 N. Four Peaks Way NA / 5 / 7 $2,290,000 Pending 15142 E. Cholla Crest Trl. 3564 / 3 / 3 $879,900 9029 N. FireRidge Trl. 5254 / 3 / 3.5 $1,595,000 Closed Sold Price 16044 E. Star Gaze Trl. 3984 / 4 / 4 $884,000 16005 E. Villas Dr. #109 2980 / 3 / 3 $1,196,000 15635 E. FireRock C C Dr. 10128 / 5 / 6.5 $2,850,000 Crestview New Lot 14321 E. Dancing Bears Ct. #30 2.02 acres $450,000 New Active Listing 10842 N. Arista Ln. 5073 / 5 / 3.5 $2,700,000 Closed Sold Price 14336 E. Dancing Bears Ct. 5700 / 4 / 4.5 $649,365 11007 N. Crestview Dr. 6901 / 5 / 6.5 $1,050,000 Summit at Crestview New Active Listing 10635 N. Skyline Dr. 2472 / 2 / 2.5 $689,000 Eagle Mountain New Active Listing 9440 N. Crimson Canyon 5450 / 5 / 5 $1,949,500 North Heights Closed Sold Price 15239 E. Carmelita Ct. 3171 / 4 / 3 $605,000 Shadow Canyon New Lot 14435 E. Shadow Canyon Dr. #36 0.8 acres $295,000 StoneRidge New Lots 15016 N. Sunburst Dr. #16 1.27 acres $369,000 13818 N. Sunset Dr. #22 0.32 acres $369,000 New Active Listings 15243 E. Stardust Dr. 3560 / 4 / 4 $750,000 15144 E. Sunburst Dr. 4156 / 5 / 3.75 $995,000 Pending 15531 E. Tacony Dr. 6880 / 4 / 4.5 $689,900 Closed Sold Price 15336 E. Valverde Dr. 4241 / 4 / 3.5 $800,000 Eagle’s Nest Pending 14329 E. Zorra Way 5820 / 4 / 4.5 $950,000 Sunridge Canyon New Active Listing 13330 N. Sunridge Dr. 5760 / 4 / 7 $1,980,000 Pending 15344 E. Sundown Dr. 3107 / 3 / 3.5 $900,000 Closed Sold Price 15204 E. Sundown Dr. 4129 / 4 / 4.5 $1,250,000

All information is deemed reliable but not guaranteed.

The properties on this list have been listed/sold by various participants in the MLS.

Produced by Desert Lifestyle Publishing • 480.460.0996

ISSN-1939-9529

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