Fountail Hills Luxury Feb. 10

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Price Improvement of the Month

February 2010

ORIGINALLY PRICED AT $2,650,000! NOW AVAILABLE FOR $999,000 15933 E. Trevino Dr. 5580 Sq. Ft. | 4 Bed | 4.5 Bath | Built in 2007 Unencumbered privacy and mesmerizing panoramic views abound from this 5580 square foot custom home situated on 1.35 immaculately landscaped acres. Dual levels offer optimal and flexible open living space. Split master suites, spacious great and living rooms and a functional yet stylish gourmet kitchen with slab granite and clear Alder cabinetry accentuate this home’s unique and pleasing design. Polished travertine flooring and opulent décor throughout. Luxurious master suite detailed in Italian marble stonework and offers expansive stone vanities and oversized walk-in closets. Ample 4-car garage. Envision yourself relaxing poolside surrounded by the hypnotizing backdrop of Red Rock’s ever-changing colors. City lights grace the skyline from the expansive patio and balcony areas. $999,000

HOUSING MARKET ON THE REBOUND IN 2010!

A New Year brings new hope to the luxury housing market. Some price points in our market officially hit the “bottom” in March of 2009 and have been on the rebound ever since. Luxury, which has been lagging the rest of the market, is now beginning to see a resurgence as well. The media lags with the information provided as they report from the Case Schiller reports. I obtain daily information from The Cromford Report which reports trends long before the greater public is made aware. We are seeing multiple offers on quality luxury properties. Several of my luxury listings are currently negotiating offers. Buyers are buying. It is also a great time to invest in land and “land bank.” Lower lot prices may make building a custom home an excellent option as inventory continues to decrease. There are currently 81 custom homes available for sale in Fountain Hills Luxury neighborhoods. 85% (69 properties) are priced below $2 million. Properties priced below $2 million have a 14 months supply. The Greater Phoenix / Scottsdale / Paradise Valley average of homes priced under $2 million is a 20 month supply. Luxury properties in Fountain Hills are selling better than the Greater Phoenix metropolitan areas! Expect several properties to have pending sales this month. The activity is mounting and offers are being written! I happen to know of a handful of SPECTACULAR values that any buyer would be thrilled to purchase. Some of these are “under the radar.” Want to find out what the top-six deals are right now in our area? Give me a call today – I look forward to speaking with you. Additionally, let me know if you would like to be placed on my luxury email list. I can send you information as often as you like so you will know the activity the minute it occurs.

SUSAN PELLEGRINI 480.287.5200 Office 480.315.1575 Mobile 877.276.1071 Toll Free Susan@Pellegrini.com

WWW.PELLEGRINI.COM

A COLLECTION OF NEWLY LISTED PROPERTIES AND RECENT SALES IN

Address ACTIVE LISTINGS 10729 N. Ventura Ct. #41 14627 E. Sierra Alegre Ct. 10739 N. Ventura Ct. 10644 N. Arista Ln. 9045 N. Crimson Canyon 9208 N. Hummingbird Trl. #17 9115 N. Fireridge Trl. #19 15333 E. FireRock CC Dr. #3 10539 N. Villa Ridge Ct. #126 9438 N. Fireridge Trl. 10424 N. Villa Ridge Ct. #117 9828 N. Fireridge Trl. 15929 E. Villas Dr. #105 15915 E. Tombstone Trl. 10019 N. Palisades Blvd. 9132 N. Fireridge Trl. 9917 N. Palisades Blvd. 9108 N. Horizon Trl. 9041 N. Fireridge Trl. 9944 N. Canyon View Ln. 15427 E. Firerock Country Club Dr. 16100 E. Shooting Star Trl. 9225 N. Lava Bluff Trl. 10220 N. Palisades Blvd. 9936 N. Copper Ridge Trl. 9236 N. Horizon Trl. 10256 N. Palisades Blvd. 9410 N. Fireridge Trl. 16117 E. Shooting Star Trl. 15933 E. Trevino Dr.

Subdivision

Lot Size or Sq.Ft./Bed/Bath

List Price

Crestview Crestview Crestview Crestview Eagle Mountain FireRock FireRock FireRock FireRock FireRock FireRock FireRock FireRock FireRock FireRock FireRock FireRock FireRock FireRock FireRock FireRock FireRock FireRock FireRock FireRock FireRock FireRock FireRock FireRock Fountain Hills

4.36 Acres 5887 / 6 / 5.5 5500 / 5 / 5.5 8337 / 5 / 7.5 3627 / 4 / 3 1.13 Acres 0.81 Acre 1.52 Acres 3100 / 3 / 3.5 4036 / 4 / 4 2922 / 3 / 3.5 5055 / 4 / 4.5 2922 / Turnkey Furn. 4101 / 4 / 3.5 5145 / 4 / 4.5 5059 / 4 / 5 6632 / 4 / 4.5 6800 / 5 / 6 6046 / 5 / 5.5 6850 / 5 / 5 NA / 4 / 4.5 5825 / 4 / 3.5 5982 / 4 / 4.5 6381 / 4 / 4.5 7006 / 5 / 4.5 5915 / 4 / 3.5 6861 / 5 / 7 8059 / 5 / 7 8762 / 6 / 8 5580 / 4 / 4.5

$629,900 $1,459,000 $1,999,900 $2,300,000 $1,375,000 $159,900 $275,000 $499,000 $700,000 $775,000 $900,000 $1,075,000 $1,200,000 $1,299,000 $1,400,000 $1,875,000 $1,850,000 $1,995,000 $1,995,000 $1,999,800 $2,250,000 $2,250,000 $2,599,000 $2,599,000 $2,995,000 $3,200,000 $3,300,000 $3,650,000 $4,295,000 $999,000

PENDING SALES 15515 E. Firerock CC Dr. #7 9222 N. Fireridge Trl. 9725 N. Fireridge Trl. 9045 N. Shadow Ridge Trl.

FireRock FireRock FireRock FireRock

0.87 Acres 4593 / 3 / 4.5 6229 / 4 / 6 4807 / 4 / 4.5

$299,000 $1,190,000 $1,250,000 $1,795,000

SOLD 11018 N. Arista Ln. #62 10430 N. Crestview Dr. 11026 N. Arista Ln. 9438 N. Fireridge Trl. 9801 N. Solitude Canyon 9612 N. Solitude Canyon

Crestview Crestview Crestview FireRock Eagle Mountain Eagle Mountain

1.71 Acres 4416 / 4 / 4.5 6717 / 5 / 5.5 4036 / 4 / 4 4620 / 4 / 4 6824 / 4 / 5

SOLD PRICE $205,000 $850,000 $1,100,000 $545,000 $852,000 $1,400,000

Listings in bold/blue signify The Pellegrini Group’s involvement in the listing or sale. All information is deemed reliable but not guaranteed. The properties on this list have been listed/sold by various participants in the MLS.

If your home is currently listed, this is not a solicitation for that listing.

Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net

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