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M A G A Z I N E

What’s New on the Market

Luxury Properties, Homes, Condos, High-Rises, Lofts & Land

+ Bank-Owned Properties and Short Sales

winter


SOLAR POWER: A SOLUTION THAT WORKS TODAY With 300 sunny days each year, it’s no wonder more APS customers see solar energy as part of the solution to Arizona’s energy challenges. And APS agrees. Today, not only does solar make environmental sense, but with substantial rebates from APS, for your home or business, installing renewable energy technology, such as solar panels or solar water heaters, In fact, when you combine APS rebates with available State and Federal tax credits, you may be able to cut the cost of solar panels by up to half, even more for solar water heaters. more energy independent by taking advantage of Arizona’s clean, abundant, and free sunshine, visit us online at www.aps.com/GoSolar today. Must be in APS territory to be eligible. Limited funding is available so make your reservation today. Other government tax credits may also be available. This program is funded by APS customers and was approved by the Arizona Corporation Commission.

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elcome to the newest edition of RE/MAX Excalibur’s Properties Magazine. Since launching our inaugural issue in October, we have received an amazing response to the magazine. Designed to provide timely and relative information about today’s home market, as well showcase the prime listings of RE/MAX Excalibur agents, Properties is on its way to becoming the premiere real estate resource in the Valley. There is no question that today’s real estate market is perhaps one of the most challenging environments the Valley has seen in decades. However, we at RE/MAX Excalibur are making the most of the current market conditions and creating even more avenues and opportunities for buyers and sellers to get the results they are looking for. One such initiative we are focusing on is our commitment to enhancing our presence on Realtor.com.The official site of the National Association of Realtors, this comprehensive resource provides real estate listings for millions of homes for sale in the United States and Canada. Our company has made a significant investment in REALTOR.com, the number one real estate search engine in the country, upgrading all of our company listings which will give our sellers that competitive edge they need in today’s marketplace. Another exciting initiative is the RE/MAX Excalibur Home Hotline. Available 24 hours a day, 7 days a week, this powerful tool will give prospective buyers much needed information — including list price and property specifications — on homes throughout the Valley.With this important resource, we give buyers instant information thereby giving them complete control over their purchasing decisions. The challenge in today’s economic climate is to stay focused on taking advantage of the numerous buying opportunities available, rather than trying to time or predict the bottom. No one knows when this market may turn around.What we do know is that there is no time like the present.That is why we at RE/MAX Excalibur are dedicated to offering you the tools and resources you need to make an informed and smart buying decision. Thank you for your support. Our goal is to help you become a client for LIFE! Sincerely,

Howard Lein Owner/ RE/MAX /MAX Excalibur /MAX

On the Cover

Entertainer’s Dream Home In Scottsdale Guests to this private yet inviting Tuscan style home are welcomed into an expansive living and dining area with high ceilings. The separate dining room is visible from the entry and includes French doors leading to a covered patio where you can enjoy one of the many fountains on the property. As you enter the home, the backyard is visible through large windows that frame the resort-style backyard. From the foyer, you can also enter the handsomely styled office or the separate master suite, which includes a bedroom, bathroom and exercise room. The separate guest suite contains a small kitchen area and patio, giving guests the ultimate in privacy. Additionally, there is another separate wing containing three bedrooms that all have adjoining bathrooms. The home has plenty of parking and a four-car garage with an abundance of storage. For more information, see page 19. Carla BorIng, rEalT al or alT 480-220-5909 www.CarlaBoring.com did you know? Phoenix has an average annual rainfall of only 7.6 inches and enjoys around 325 sunny days per year.

0 9 | W i n t er | P RO P ERT I ES M AGA ZINE | 3


Wishing Re/Max excalibur a Prosperous 2009! Congratulations On All Your Accomplishments & Success In 2008!

For all Your Title, Property & Data Needs Go To:

www.fntarizona.com Fidelity National Title’s One Stop Shop Full Service Website.


CONTENTS

Real estate FeatuRes

Volume 2 | Issue 1 Rick McCartney | Publisher Michelle Jacoby | Editor Stephen Gamble | Art Connie White | Photographer Louise Ferrari | Listings Coordinator Cami Shore | Account Executive

Value: The New Buzzword Money Watch: Jumbo Loans Buyers and Sellers Ask

listings

Excalibur Shea Office 8510 E. Shea Blvd., Suite 100 Scottsdale, AZ 85260 (480) 355-3500 (888) 899-0496 Excalibur Ridge Office 21803 N. Scottsdale Road, Suite 100 Scottsdale, AZ 85255 (480) 850-5000 (800) 736-2974 Excalibur Troon Office 10458 E. Jomax Road, Suite 100 Scottsdale, AZ 85262 (480) 344-4400 (800) 451-2811 Howard Lein Owner Rol Johnson Designated Broker

6 7 8

RE/MAX CollECtions

A Brand is Born Listings

Condos, HigH RisEs & lofts 17 18

HoMEs

Condo Home Market Listings

41 42

lAnd

Finding Value in Today’s Market Listings

29 30

The Valley’s Best Value Listings

Valuable inFoRmation

Participating associates

9-11

Valley Map

45 46

14-15

PubliCaTiOn adviSORy COmmiTTEE Kris Anderson, CLHMS, ABR, RECS, CMRS, HI Rick Berry Director, Career Development Karen Grobman PC, GRI, e-PRO, CLHMS Gayle Henderson PC, CRS, GRI, ABR, CLHMS Tyler Lein Manager Dean Selvey CRS, ABR Steve Siverson REALTOR® Tom Tischer Associate Broker, GRI © 2009 Media Publishers Group and RE/MAX Excalibur. RE/MAX Excalibur does business in accordance with the State and Federal Fair Housing Law, in the sale or rental of housing or residential lots, in advertising the sale or rental of housing, of the financing of housing and in the provision of real estate brokerage services. We are not responsible or reliable for misinformation, misprint, typographical errors, etc. which might appear in advertising. Reproduction in whole or part is prohibited. All rights reserved. If your property is currently listed with a broker, this is not an inducement to list your property. We will cooperate with your broker. All offerings subject to omissions, prior sale, change or withdrawal without notice. RE/MAX Excalibur Properties Magazine is published four times per year by Media Publishers Group, LLC, 6360 E. Thomas Road, Suite 210, Scottsdale, Arizona 85251 (480) 584-3750. For questions or comments about RE/MAX Excalibur Properties Magazine, contact the Media Publishers Group at (480) 588-9505 or via email at info@ mpgcompany.com. Equal Housing Opportunity. RE/MAX® is a registered trademark of RE/MAX International, Inc.

Help is on the Way Need a price on a Valley home? Call the RE/MAX Excalibur Home Hotline! Imagine driving through a community and spotting a home for sale that piques your interest.You dial the number on the yard sign to find out the sales price and are immediately greeted by the company’s voice mail system. Frustrating? Not anymore. RE/MAX Excalibur has introduced a 24/7 information service that’s designed to help you get instant information on any MLS listed property in the Valley. Best of all, you don’t have to wait for an agent to pick up the phone or even call you back. Simply call the hotline, enter the address of the home in question or the MLS number and the Excalibur Hotline will do the rest. In

addition to vital information on the home, the hotline will quote a monthly payment, send a copy of the listing to you and even give you the opportunity to speak to an agent. However, if all you want is the cost of the home, no problem! Shop for homes all over the Valley without ever speaking to an agent. Excalibur Home Hotline is the ultimate real estate shopping tool, giving you complete control of your time. It’s fast, convenient and highly confidential. Try this latest convenience tool in real estate and find some outstanding values in our Valley of the Sun. Call the Excalibur Home Hotline at 480-374-1710 today!

did you know? Phoenix is on Mountain Standard Time and never moves the clock forward or back for Daylight Saving Time. Only the Navajo Nation observes the time change. 0 9 | W i n t er | P RO P ERT I ES M AGA ZINE | 5


Value

The New Buzzword

T

in

R e a l E s tat e

buying and a more acceptable price than you may have expected in previous years. Essentially, this is a great time to be a homebuyer and one should be able to find some terrific values in the local real estate market. Get out there and with financing in hand, find that dream home that you have always been looking for. How It All Began As for sellers, many are hesitant As we have seen recently, the right now because they believe the national housing market has been value of their existing home is down slowing down after a long period of and they don’t want to “lose” money extreme activity in which home values on their home. What they’re forgetting climbed to unheard of figures. There is that the value of the home they’re were so many buyers in the market that interested in buying is also down and often, there was stiff competition for that it may be down more than the available homes, causing builders to go house they need to sell. into overdrive, developing homes at a For example, if your current home rate never before seen. is worth $150,000 and home values are The boom created a real seller’s down 10 percent, then the value of your market. The demand for homes was home may be down $15,000 but the so great that sellers often found their value of the $250,000 home you’ll buy properties in the middle of bidding wars next would be down $25,000. That’s a with eager buyers trying to top each High Street at CityNorth in north Scottsdale. net savings to you of $10,000 just for making a other to get their hands on homes. This continually move when the market is down. drove home prices up and whipped sellers into a What This Means For You Another important factor to consider is that But what does this mean for the average frenzy. The results became a national obsession. You couldn’t turn on the TV without seeing a show on homebuyer? For one, it means that sellers are now as the economy and the housing market recover, competing for your business and attention. You home values are sure to increase. If home values home renovation, remodeling or flipping. Today, however, we have moved into a buyer’s can expect more comprehensive incentives when go up 10 percent over the next few years, the $150,000 home would go up in value $15,000 while the $250,000 home would go up in value by $25,000. That’s another $10,000 that you could make by making a move now rather than waiting. January to December 2008 Finally, interest rates today are at historic lows. As early as November, you can get a 30-year, City Sale Price City Sale Price fixed rate mortgage for less than 6 percent. On a $150,000 loan, saving a half percent on your Carefree $799,000 Mesa $205,699 interest rate will save you almost $3,000 over five years. That means you’ll save even more money by Cave Creek $465,390 Paradise Valley $2,008,632 buying now rather than waiting until home prices Chandler $277,900 Phoenix $216,310 and interest rates go up. As dire as the news is of the real estate market’s Fountain Hills $474,498 Scottsdale $563,286 dramatic decline, real estate values fluctuate depending on the area. But more importantly, the Gilbert $269,710 Tempe $262,691 fact that the market is down makes this a perfect time to buy or sell a home. he adage is as old as time. In the real estate market, it’s all about location, location, location. However, with today’s market facing some of the toughest challenges it has in decades, there’s a new buzzword in town: value.

market. With not as many buyers interested in homes, sellers are now competing for their business. This is unfamiliar and scary territory for investors who broke into the market while it was soaring at the other end of the spectrum.

Photo: Connie White/cwlife photography

Residential Average Sales by City

Maricopa County has approximately a 13-month supply of inventory. This does not include all builder inventory,

only those specs that they choose to list in MLS. Source: Arizona Regional Multiple List all residential sales: homes, townhomes, condos and manufactured homes included.

did you know? The Sonoran Desert has five distinct seasons in the year: spring, dry summer, wet summer, fall and winter.

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Money Watch Good Rates are Still Available for Jumbo Loans

Bank-Owned Properties and Short Sales B

ank-owned properties are a prevalent part of the Phoenix area’s real estate market. Presently, they make up 40 to 50 percent of all listings and sales, depending on the area of town you are looking to buy. Average sales prices for bank-owned properties range from 97 to 98 percent of the listing price, depending on the time the property has been on the market. Additional statistics report that seven out of 10 homeowners facing foreclosure never have their home listed on the market for sale. The sad reality is they don’t know they have any other option. For homeowners in this situation, there are alternatives to foreclosure. The first would be a loan modification, in which a change in one or more of the terms of a mortgagor’s loan allows the loan to be reinstated, resulting in a payment the homeowner can afford. If a loan modification can’t be arranged, a short sale is the next option. A short sale is essentially selling your home for less than what is owed, based on the approval of the lender. Homeowners have to demonstrate a hardship, such as loss or reduction in income, divorce, death of a wage earner, serious illness, anything that can result in reduction in income. For sellers, short sales are a dignified solution to a homeowners financial crisis. In a short sale, the lender reports that the loan has been satisfied. For buyers, short sales can present some of the best deals the market has to offer with prices at close to bank-owned prices. And, unlike a foreclosure, the homeowner is still maintaining the property in good condition. In many ways, a short sale is handled like a normal transaction between a buyer and seller with an accepted contract and an accompany short sale addendum forwarded to the lender for approval. The seller has previously compiled all of the data and demonstrated hardship for the lender to review.The REALTOR has listed the home at current market value taking price reductions as the market dictates. Once lender approval is received, the transaction proceeds to closing as any other normal transaction. Because of the complexity of a short sale, it’s important that buyers and sellers seek out a real estate professional that has had significant training. Fortunately, RE/MAX Excalibur has endorsed the Certified Distressed Property Expert designation, offering knowledgeable and informed agents who will guide homeowners eligible for short sales through the challenging process.

The restrictions in jumbo financing are well documented in today’s real estate market. In the last 18 months, investors offering mortgage loans with balances greater than $417,000 have been added to the endangered species list. Some institutions that have continued to offer jumbo loans have done so at higher than normal rates and lower loan-to-value percentages than at any point in the last 15 years. So the question remains, are good terms for jumbo loans still available? There are several lenders that are still interested in participating in this financing market. These sources of funding are in large part portfolio lenders. Portfolio lending is when a lender funds a loan with the intent of collecting payments or servicing the loan. Currently, we are seeing local banks, larger banking institutions with large servicing portfolios, and some insurance and money market institutions that are still interested in funding jumbo loans. In most cases, these investors are requiring more equity in the transaction but are still offering attractive rates. Some investors are offering rates as low as the mid 5 percent range for a 5- or 7-year ARM. Other investors are offering 30-year fixed rates in the upper 5 percent range but may require paying points to get those terms. Underwriting standards continue to be strict and more equity in the transaction will normally be required. Finding the right jumbo loan requires a little more research and more knowledge than at any point in recent history, but attractive terms still exist for the right borrower. As liquidity increases, so will the number of institutions offering financing in this arena. Stay tuned.

did you know? About one in three Valley residents play at least one round of golf a year.

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Sampling of East Valley Communities Sales from Jan. 1 to Dec. 20, 2008 Comparisons of single family homes only in these communities

Avg. Sales List/ Apprx. Price Sale Ratio sq.ft. Cave Creek Dove Valley Ranch Tatum Ranch

$ per sq.ft.

$374,938 $312,584

95% 96%

2,450 2,075

$157.33 $153.56

Chandler Cooper Commons/Cooper Corners $247,536 Ocotillo Lakes $384,098

97% 95%

2,240 2,259

$111.90 $167.01

Fountain Hills Eagle Mountain SunRidge Canyon FireRock

$697,773 $609,705 $1,627,597

92% 94% 90%

2,709 2,763 3,974

$251.67 $219.06 $380.01

Gilbert Finley Farms Power Ranch Val Vista Lakes

$249,220 $278,671 $310,229

97% 97% 95%

2,074 2,374 2,346

$122.55 $120.95 $133.66

Mesa Dobson Ranch Las Sendas

$212,846 $511,476

97% 93%

1,879 2,657

$117.51 $186.30

North Phoenix Desert Ridge Tatum Highlands

$410,939 $345,713

95% 95%

2,110 2,145

$196.33 $163.55

Phoenix Biltmore

$710,840

92%

2,311

$278.40

$1,268,736 $1,800,684 $2,071,805 $3,061,062 $941,490 $676,353 $586,500 $1,453,881 $577,299 $614,489 $846,742 $644,104 $670,168 $602,782 $773,136 $3,050,364

91% 84% 90% 88% 92% 94% 91% 94% 94% 95% 93% 94% 95% 96% 92% 94%

3,648 5,036 4,561 5,968 2,842 2,766 2,528 4,362 2,509 2,530 3,122 2,582 2,840 2,372 3,171 5,836

$314.82 $338.27 $424.69 $501.75 $342.22 $243.82 $228.76 $312.42 $225.79 $241.28 $247.04 $247.85 $237.24 $252.42 $236.32 $547.94

$338,806 $257,326

95% 95%

2,126 2,079

$160.22 $116.99

Scottsdale DC Ranch/Silverleaf Desert Highlands Desert Mountain Estancia Gainey Ranch Grayhawk Kierland Mirabel McCormick Ranch McDowell Mt. Ranch Scottsdale Mountain Scottsdale Ranch Stonegate Terravita Troon/Troon North Whisper Rock Tempe Warner Ranch Valleywide

*Although Maricopa County averages a 13-month inventory supply, most of these communities averaged well under a year with many averaging between 5-9 months supply. In other words, if no new homes came on the market, it would take the market, at its current pace, 5-10 months to absorb all of the homes on the market.

Ask the Experts Buyers and sellers ask the questions you want to know Q:We recently sold our home and moved to the Valley. As we were waiting for our home to close, we noticed reductions in current home prices. Now, we are hesitant to buy because our purchase may lose value before we close but we’re tired of renting. What should we do? A: Being “on the fence,” as this situation is commonly referred to, is a very critical point that shouldn’t be overlooked. NBC real estate expert Barbara Corcoran recently noted the few numbers of buyers actively in the market today, as witnessed by the low number of sales. With so few buyers looking — and even fewer making offers — those with “money in their pocket” are greeted with delight by most sellers. Keep in mind that in this market, the homeowner is not only more likely to accept a lower price, but will also do more than expected during inspections and throughout the escrow process to “keep the transaction together.” It’s no longer a take-it-or-leave-it seller attitude. If you find a house that fits your needs and has a sale price that is well within your means, there is no better time to buy than now. No one can predict the housing market values in the short term. However, history shows that in the long term, your investment will be a good one. The majority of homeowners experiencing financial crisis in their home values bought their homes between 2005 to mid-2007, a relatively short holding period historically for a home to gain value.

Enter to Win E-mail your real estate questions to properties@excaliburrealestate.com and enter to win a $50 Green and Conservation Kit from column sponsor Energy Green Pro Inc. Each question will be personally answered and posted on our Web site blog, with one winner selected from each category. The winning questions will be published in our quarterly magazine. Energy Green Pro Inc. www.energyproaz.com (480) 452-3760

did you know? Covering more than 517 square miles with a population of over 1.5 million, Phoenix is the fifth largest city in the country and the largest capital city in terms of population. 8 | P R O P E R T I E S M A G A Z I N E | W i n t e r | 09


associates p a Rt i c i pat i n g

& Re/maX eXcalibuR oFFices www.excaliburrealestate.com

Excalibur Shea Office

Excalibur Ridge Office

Excalibur Troon Office

8510 E. Shea Blvd., Suite 100 Scottsdale, AZ 85260 (480) 355-3500 | (888) 899-0496

21803 N. Scottsdale Road, Suite 100 Scottsdale, AZ 85255 (480) 850-5000 | (800) 736-2974

10458 E. Jomax Road, Suite 100 Scottsdale, AZ 85262 (480) 344-4400 | (800) 451-2811

ASSOCIATES

PAGE(s) kris anderson

CLHMS, ABR, RECS, CMRS, HI Your Premier Team (480) 567-2103 www.YourPremierTeam.net

24, 37 38, 39 42, 43 46

kami berry

PAGE(s)

PAGE(s) Julie berry

(480) 213-8422

(480) 540-1878

www.RichBenko.com

35

www.DaveBlobaum.com

www.TheRickBerryTeam.com

(480) 220-5909

38

www.CarlaBoring.com

bonnie burke

Gina burton

Ron Cacini

ABR, CLHMS, CRS, ePRO, GRI (480) 720-8001

(602) 684-2676

(480) 515-1793

www.BonnieBurke.com

28, 46

www.Excaliburrealestate.com

37

www.RonCacini.com

Randi Christel

doug daCosta

liza deer

(602) 370-2396

(602) 430-3788

CDPE

www.HomesByRandi.com

25, 26 27

37

www.wesellazproperties.com

Steve Ellis

nancy Eris

Mike Domer Group (480) 861-8883

(602) 402-5406

ABR, LHMS (480) 628-0100

26

19, 33 38

35, 46

(602) 329-1117

mike domer

26, 27 35, 37 38

44

Carla boring

Your Premier Team (480) 329-6327

44

ASSOCIATES

Richard benko

david E. blobaum, PLLC

(602) 799-7976

www.TheRickBerryTeam.com

ASSOCIATES

www.NancySellsAZHomes.com

30, 39

37

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>>


paRticipating associates & theiR listings Community featured Properties ASSOCIATES

PAGE(s)

ASSOCIATES

PAGE(s)

ASSOCIATES

PAGE(s)

Jan Green

karen Grobman, PC

Joseph Guerrero

REALTOR®, ABR, EcoBroker (602) 620-2699

GRI, CLHMS, ePRO (480) 688-0688

(602) 740-1132

www.JanGreenAzHomes.com

32

www.ArizonasHotProperties.com

38, 39 46

scottsdaleinvestments@yahoo.com

Holly Henbest

Tom Henbest

Gayle Henderson, PC

(480) 266-8785

(480) 323-0751

CRS, GRI, ABR, CLHMS, CDPE (480) 850-4335

www.BestInAZHomes.com

28, 35 36

www.BestInAZHomes.com

28, 35 36

www.AZMovingPlan.com

Jill Hocken

david Johnson

mJ Jones

(480) 272-1010

(602) 290-0336

(602) 315 3693

www.JillHocken.com

23

28, 36 barbara london

blanche lukes

Realtor®, ABR, GRI (480) 695-2433

(602) 363-6107

(602) 390 0555

22, 31

43

36, 37

Gail martin

Susan mierau

Steve mora

(480) 502-5718

Mike Domer Group (480) 213-2119

Your Premier Team (480) 330-7772

38

37, 43

www.YourPremierTeam.net

Sara nickels

Frank nix

Erin O’Connor

(602) 568-2848

Realtor, ABR (480) 419-7959

Mike Domer Group (623) 451-2718

www.SaraNickels.com

23, 34

34

www.fnix.com

mehran Parsai

Shari Peck

Tom Pelliteri

(480) 585-8100

(480) 329-7906

Mike Domer Group (480) 650-4498

www.Parsai.com

38

www.ShariPeckTeam.com

44

Jackie Perez-Wilson

Susan d. Pierce PC

Susan Reed

(480) 329-7011

ABR, CLHMS (480) 363-9795

(602) 274-7787

www.ScottsdaleHomesPro.com

40

10 | PROPERT IES MAGAZ I N E | W i nte r | 09

www.SusanDPierce.com

30

21, 27 31, 32 33, 34 35, 38 40, 44

32, 38

Jean klien, PC

www.jeanklien.com

20

www.AZSusanReed.com

39

26, 27 35, 37 38

26, 27 35, 37 38

24, 35 40


paRticipating associates & theiR listings ASSOCIATES

PAGE(s)

ASSOCIATES

PAGE(s)

ASSOCIATES

PAGE(s)

Greg Rezac

melanie Sanders

dean Selvey

(602) 617-1039

Associate Broker (480) 570-5203

(480) 254-6444

www.PinnaclePeakNews.com

33, 36 43

26

www.TheCondoProsAZ.com

Roland Sharer

Jeanne Shields

Steve Siverson

(602) 980-7253

ABR, CRS, GRI, SRES (602) 370-1957

(480) 201-1481

www.RolandSharer.com

34, 44

ali Sontag-Goyette

43 John Sposato, PC

beth Steil

(602) 571-3730

ABR (480) 326-0969

(480) 874-2062

www.AliGoyette.com

22, 32 33

www.SiversonHomes.com

www.arizonahomegroup.com

25, 39

www.BethSteil.com

Steve Stevens

Tom Tischer

Richard Troxell

(480) 850-5000

Tischer Group (480) 231-0782

(602) 677-9491

20

www.TischerRealtor.com

Robyn viktor

kate Ward

The Robyn & Louisa Team (480) 346-5327

Your Premier Team 602 481-5577

www.PhoenixHomesAZ.com

36

Real estate isn’t the only focus of RE/MAX Excalibur associates across the Valley. By partnering with local and national nonprofit organizations, associates are dedicated to giving back to the community. Here is a look at some of their efforts. Children’s miracle network Dedicated to saving and improving the lives of children, Children’s Miracle Network raises funds for children’s hospitals across the United States. With 170 hospitals in its network nationwide, the organization is dedicated to helping provide life-saving research and quality medical care for children with injury and disease. In the Valley, Phoenix Children’s Hospital is the beneficiary of the organization’s fundraising efforts with 100 percent of the money raised by local sales associates going directly to the hospital. Through RE/MAX’s Miracle Home Program, agents can make a donation to Children’s Miracle Network through each home transaction. Since partnering with the organization in 1992, RE/MAX has raised more than $85 million across North America, making them the organization’s second largest sponsor. For information, visit www.childrensmiraclenetwork.org.

www.AZRKTRealtyGroup.com

18, 46

35, 37

19

louisa Ward

www.YourPremierTeam.net

RE/max Gives back

28, 39 40, 44 46

42, 43 44

24, 37 38, 39 42, 43 46

The Robyn & Louisa Team (480) 346-5327 www.PhoenixHomesAZ.com

35, 36

komen Race for the Cure k As the world’s largest grassroots effort to fight breast cancer, Susan G. Komen for the Cure has been synonymous with bringing people from all walks of life together to end this terrible disease. With its “RE/MAX Racing for Life” slogan, RE/MAX is a co-sponsor of the National Series Breast Cancer Survivor Recognition Program at Komen Race for the Cure events. And, in 2007, RE/MAX launched a program giving RE/MAX sales associates the opportunity to make a donation to Komen for the Cure with every home sold. For information, visit www.komenphoenix.org. Sentinels of Freedom Scholarship Foundation Created by Mike Conklin, the father of three Army Rangers, the Sentinels of Freedom Scholarship Foundation helps severely wounded U.S. veterans return to lives of self-sufficiency and independence after initial physical rehabilitation. Throughout the four-year program, volunteers work with the veteran, assisting with housing, transportation, education, job training, employment and other needs. The scholarship is part of RE/MAX Tour for the Troops, a sponsorship program dedicated to supporting America’s troops. For information, visit www.sentinelsoffreedom.org.

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a

n

n

The Valley i

n t R o d u c t i o n

estled in the heart of the desert Southwest, the Valley is a dynamic area filled with all the qualities people are looking for in a place to call home. From family-friendly bedroom communities to metropolitan urban areas, the Valley has it all. Phoenix makes up the Valley’s central core, with four distinct regions — northeast Valley, southeast Valley, northwest Valley and southwest Valley — making up the surrounding areas. The west Valley is made up of brand-new communities and developments, appealing to young couples and families. Home to the University of Phoenix Stadium and Jobing.com Arena, the area is quickly establishing itself as theValley’s premiere destination for sports and entertainment. The east Valley is made up of the Valley’s more established communities. Over the years, cities like Tempe, Gilbert and Chandler have evolved from small farming communities to sprawling developments offering the best in desert living. Meanwhile, Scottsdale — with its world-class golf, luxury resorts and spas, and incomparable shopping and dining options — continues to be synonymous with luxury living.

t o

t

h e

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When it comes to getting around the fifth largest city in the country, commuters have access to an easy-to-navigate freeway system that connects the Valley’s regions. Interstate 10 and U.S 60 connect the city east-west, while Interstate 17 and SR 51 connect north-south. Loops 101 and 202 form a

valley Transportation Miles of street

4,945

Signalized intersections

1,009

Left-turn arrows

1,286

Speed humps

2,288

Bus fleet Average daily ridership

492 152,502

Annual miles of service 17,869,556 Source: City of Phoenix

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convenient loop around the metropolitan area. As much as Valley residents rely on their vehicles, the city’s public transportation is rapidly expanding.To keep up with growth, voters approved a tax in 2004 that will raise approximately $9 billion from 2005 to 2025. Add to that state and federal transportation funds, $17.6 billion in funding will go towards expanding the Valley’s transportation system. The newest addition to the Valley’s transportation system is the METRO light rail system, which launched in late December. With a 20-mile route extending from Mesa to uptown Phoenix, METRO is made up of 28 stations, eight park-and-rides and five transit centers for bus connections. An estimated 26,000 boardings are expected per day. METRO light rail will connect passengers with some of the most significant venues in the Valley, from the Phoenix Art Museum and Chase Field in central Phoenix to Tempe Beach Park and Sun Devil Stadium in Tempe. METRO will also make stops at Phoenix Sky Harbor International Airport.

did you know? South Mountain Park in Phoenix is the largest municipal park in the world, covering 20,000 acres.

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Paradise is in your

BACKYARD.

Pools & Spas Water Features Unique Decking Stonework Firepits & Fireplaces

Mossman Brothers Pools 9382 E B AHIA S TE . B102 S COTTSDALE , AZ 85260 480-596-9020 WWW .M OSSMAN B ROTHERS P OOLS . COM LiC# B05-ROC094188 - A09-ROC178485

N OW O FFERING :

SPECTACULAR LANDSCAPE AND HARDSCAPE DESIGN


Collection a

B

rand recognition is one of the most valuable aspects of marketing any product. No one is more familiar with the power of a brand than RE/ MAX International, considered by many to be one of the most recognizable brands in America, if not throughout the world. The power of numbers — and the belief in the results those numbers create — have led to the development of a 35-year tradition in real estate sales with more than 110,000 associates in over 65 countries and 7,000 offices worldwide. Nearly 10 years ago, the emergence of a brandwithin-a-brand capitalized on the need for a unique style of real estate representation, all with the qualities important to the upper tier buyer and seller. More discreet signage, unique marketing materials, special skill-sets for marketing and negotiation, sponsorship of special credentialing, and media opportunities in luxury magazines, Web sites and news publications aimed at development of the luxury market are the hallmarks of the Collections program. Today, RE/MAX Collections is recognized for showcasing homes designated as “luxury,” or homes

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With a strong international network and ongoing referral system from agent to agent, RE/ MAX associates in the luxury market are able to easily market their listings to luxury associates worldwide. RE/MAX has earned the right to say with pride, that “nobody in the world sells more real estate than RE/MAX.”

priced at three times the average sale price of local communities. Credentialing and continuing education combined with experience separates the RE/MAX real estate associate representing luxury buyers and sellers from the mainstream Realtor in the marketplace.

Just the Stats: luxury Home market (over $1.2 million) area

avg. sales price a

list/sell ratio

avg. sq.ft a

$/sq.ft

Carefree/Cave Creek

$1,566,167

91%

4,503

$362.92

Fountain Hills

$1,813,827

91%

4,658

$392.85

North Scottsdale

$2,105,501

90%

5,067

$403.44

Paradise Valley

$2,479,782

90%

5,771

$419.11

Phoenix

$1,654,215

90%

4,508

$367.71

Scottsdale

$1,973,370

91%

4,974

$391.95

Valleywide

$1,944,961

90%

5,056

$381.36

Sales reflect Jan. 1 to Dec. 20, 2008 Arizona Regional Multiple List.

did you know? Chandler, Scottsdale, Peoria and Gilbert were ranked among CNN Money’s best small cities to live.

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PARADISE VALLEy gRAnD EStAtE Truly one of Paradise Valley’s grandest estates!! A 9488 sq.ft. luxury compound. Situated on a fabulous 1.5 acre site, offering breath taking views of Camelback Mountain and the Praying Monk. This home features an 8 car garage, home theater, home gym with steam room, library, game room, guest casita, art gallery, 2400 sq.ft. master suite, indoor and outdoor family room, outdoor kitchen, and soccer field. Master craftsmanship by Mike Foster Custom Homes. Completion scheduled for February 2009! MLS # 2931513 Approx. 9488 sq.ft. / 5 bedrooms / 5 Baths Offered at $6,950,000 | Steve SiverSOn | 480-201-1481 | www.SiversonHomes.com

PARADISE VALLEy LUXURy EStAtE A classic Paradise Valley estate built by Mike Foster Custom Homes, 8,000 plus sq.ft. of living space with 5 bedrooms and 6 bathrooms, separate guest casita, theater, media room, library, office and workout room. An acre plus corner lot with spectacular mountain views, massive backyard with generous outdoor living areas. Master craftsmanship and finest materials; slab marble, slab granite, timber beam ceilings, and hard wood and natural stone flooring throughout. Great builder! Please call for additional information. Completion scheduled for January 2009. MLS # 2924784 Approx. 8092 sq.ft. / 5 bedrooms / 5 + Baths Offered at $4,395,000 | Steve SiverSOn | 480-201-1481 | www.SiversonHomes.com

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ELEGANT TUSCAN ESTATE IN SCOTTSDALE

Elegant Tuscan estate featuring top of the line custom finishes, travertine floors, granite countertops, stone fireplaces and columns, old world style cabinetry, faux finishes & more! Floor plan features 2 separate wings-1 for the children & 1 for guests or nanny. Resort style backyard on an acre+ lot. Pool & spa are heated with many sitting areas to capture city & mountain views. Perfect home for entertaining w/wet bar, outdoor fireplace, firepit, bar-b-q & an additional 480 Jacuzzi spa! No HOA & home has RV Gate & Parking. Close to the Mayo Clinic and Scottsdale A+ Schools! Call Carla today for your personal showing 480.220.5909.

Approx. 6034 sq. ft. / 5 bed. + den / 5+ baths OFFERED AT $1,985,000 | CARLA BORING | 480-220-5909 | www.CarlaBoring.com

PRESTIGIOUS ESTATE PEAKVIEW TRAILS

Enjoy Executive Style Living in Former T.W. Lewis Model! Mountain Views; Front Courtyard; Breathtaking Tropical Resort Backyard with heated Pebble-Tec pool, spa & stream; built-in BBQ; Tuscan fireplace; and accented walkways. Classic finishes throughout house - Extensive use of Travertine Stone flooring; double crown molding; stainless steel appliances; double-oven & warming drawer; Ogee edged slab granite kitchen counters & island; large louvered Plantation Shutters; Knotty Adler doors; designer light fixtures and fans; and exquisite window treatments. Master Bedroom Suite - Sitting Area; large Bathroom; Walk-in Closet by Classy Closets. MLS # 4091419

Approx. 4,046 sq. ft. / 4 bed. + den / 3.5 baths OFFERED AT $1,450,000 | RICHARD TROXELL | 602-677-9491 | www.azrktrealtor.com

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PRESTIGIOUS ESTATE SONORA VISTA

Live the Ultimate Arizona Lifestyle in this beautiful luxury home where magnificent views await from every window. Situated on a premium lot & decorator perfect, this home is better than new! Exquisite iron doors open to the charming courtyard entry. Nicely flowing main home (3 bedrooms+den/3.5 baths/bonus room/exercise room/spacious gourmet kitchen opens to comfortable family room/formal dining room + wet bar/formal living room) plus a CASITA (4th bedroom & full bath). Sparkling pool/spa w/ relaxing waterfalls and swim up bar adjacent to cozy firepit w/ plenty of seating. Many patios and BBQ area. MLS # 2926394

Approx. 4642 sq. ft. / 4 bedrooms / 4.5 baths

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OFFERED AT $1,350,000 | STEVE STEVENS | 480-850-5000 | www.excaliburrealestate.com

"BOULDERS" ADJACENT 6-LOT SUB-DIVISION

This beautiful 9.3 acre parcel is approved for a 6-lot sub-division. 3 home sites are one acre each and 3 home sites are 2 acres each. This is an excellent opportunity with great potential for a small sub-division across from a well known Scottsdale/Carefree landmark, "The Boulders" Golf Course. Only minutes from shopping and dining. Enjoy an excellent investment in the midst of multi-million dollar home values.

OFFERED AT $3,500,000 | JOSEPH GUERRERO | 480-344-4400

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C O L L E C T I O N GRACIOUS LIVING IN DESERT HIGHLANDS

The understated elegance and attention to detail make this a perfect retreat for anyone’s needs. No detail has been overlooked in this well constructed home of timeless architecture. Large office, professional kitchen, lavish master suite and inviting living spaces. Uniquely secluded next to the golf course offers both privacy and an estate feeling backyard with no awareness of neighbors. Full guest house overlooks the expansive lawn and tropical floral gardens and has own patio. Desert Highlands is a lifestyle choice. A feeling of security and a staff focused on your every need seems to dominate the club atmosphere. MLS # 2968553

Approx. 5858 sq. ft. / 4 bed. + den / 4.5 baths OFFERED AT $1,950,000 | GAYLE HENDERSON PC, CRS, ABR, GRI, CLHMS, CDPE | 602-850-4335 | www.AZMovingPlan.com

STATE OF THE ART PINNACLE PEAK PLACE

Incredible opportunity to acquire a well conceived newly constructed custom home with the renowned Geoffrey Edmunds vision. The courtyard entry w/ captivating water feature leads you through classic double French doors incorporating the ambiance of the outside to the sanctuary of the interior. Radius wall faced in chiseled honey quartz encloses the butler's bar finished in black diamond granite. Every area has its architectural focus from the elaborate cook's kitchen w/ all the anticipated luxuries to the owner's suite with a sumptuous bath. Elaborately finished pool, spa, fireplace, and bbq area complete this mini estate. MLS # 2972491

Approx. 5025 sq. ft. / 3 bed. + den / 3.5 baths OFFERED AT $1,895,000 | GAYLE HENDERSON PC, CRS, ABR, GRI, CLHMS, CDPE | 602-850-4335 | www.AZMovingPlan.com

We’re a fair housing provider.

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C O L L E C T I O N LIVABLE ELEGANCE IN TROON HIGHLANDS!

Livable Elegance with Mountain Views & Lights in all directions. This home features a beautiful master suite with sitting room, wet bar, fireplace, huge walk-in closet, whirlpool, walk-in shower & bidet. Plus 3 guest suites each w/private bath & walk-in closet. Gourmet kitchen, 3 FP's, 3 wet bars, greatroom, formal dining, breakfast/family dining, family/media room, Pella windows & doors. Lennox 14-16 SEER 2-speed HEATPUMPS w/metal duct & underground air returns, Lutron dimmer controls. Private 1/2 acre LOT w/salt water pool/spa nestled near the foothills of the McDowell Mountains in Troon Highlands. Eligible for Troon Golf Membership! MLS # 2769442

Approx. 5000 sq. ft. / 4 bedrooms / 4.5 baths OFFERED AT $1,795,000 | JEAN KLIEN | 480-695-2433 | www.jeanklien.com

SERENITY, SECURITY, SPLENDOR!

Old World Charm, warmth and character with all of the modern day conveniences * 3157 square feet, 3 bedrooms (all with separate entrances and baths), 3.5 baths, heated pool & spa, breathtaking desert & mountain vistas * Enjoy the tranquil beauty of the captivating sunsets & pristine desert landscape * Intimate floor plan & stunning outdoor areas are perfect for entertaining * Outdoor Wolf BBQ grill, sink, refrigerator & ice maker * Gourmet kitchen features granite counters, stainless Subzero, Wolf 6-burner gas range w/small & large oven * Built in sound system * 3rd bedroom is an upstairs casita with its own balcony & mtn & city light views MLS # 4069796

Approx. 3157 sq. ft. / 3 bedrooms / 3.5 baths OFFERED AT $1,595,000 | ALI SONTAG-GOYETTE | 480-874-2062 | www.aligoyette.com

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C O L L E C T I O N SHEA CORRIDOR 1.07 ACRE & NO HOA

Beautiful home with 800 SF CASITA, huge backyard paradise complete w/ pool, relaxing rock waterfall, stone fire pit, richly finished BBQ center w/ bar seating, large putting green, and sweeping mountain views – all on 1.07 acres with NO HOA! Fabulous kitchen with extensive counter seating opens to the family room w/ cozy fireplace & gorgeous views – perfect for both entertaining & family enjoyment. Also includes formal dining & living rooms. Escape to the master retreat to enjoy the fireplace & master bath with dual vanities + amazing Tuscan-inspired shower. Exercise Room w/ sauna plus oversized laundry room. More Info: www.12980EGoldDust.com MLS # 4074546

Approx. 4400 sq. ft. / 5 bedrooms / 4.5 baths

RR O AR UND EA ING

OFFERED AT $1,330,000 | JILL HOCKEN | 480-272-1010 | www.JillHocken.com

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BLACKSTONE COUNTRY CLUB LIVING

Nestled in the foothills of north Peoria, DiamondSpur Builders has created another fine custom home in the gated, private golf community of Blackstone Country Club. This exquisite home features 5500 sf of quality craftsmanship and luxury finishes, including 2 hand-carved Italian fireplaces, wood and stone flooring, a chef’s kitchen with Wolf/Subzero appliances and honed granite countertops, 12’ of retractable doors that open to a luxurious patio with an infinity edge pool and spa, and too much more to list. Allow me to introduce you to Blackstone and a custom home that will excite you at every turn. Call or email for more information. MLS # 4042472

Approx. 5500 sq. ft. / 4 bed. + den / 4.5 baths OFFERED AT $2,250,000 | SARA NICKELS, CERTIFIED LUXURY HOME SPECIALIST | 602-568-2848 | www.SaraNickels.com

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PALATIAL ESTATES

HILLTOP ESTATE!

CUSTOM TUSCAN SINGLE LEVEL WITH ALL THE BELLS AND WHISTLES IN A GATED COMMUNITY IN FOUNTAIN HILLS BUILT IN 2008. 4 BDR, 3.5 BTH, OVER 4400 SQ FT OF LIVING SPACE WITH TOWERING CEILINGS AND VIEWS GALORE. 3 CAR SIDE ENTRY GARAGE. GREAT ROOM FLOOR PLAN WITH SPLIT LIVING. SLIDING POCKET DOORS TO EXQUISITE OUTDOOR LIVING W POOL AND HEATED SPA W VIEWS,VIEWS, VIEWS. Still time to pick your flooring. MLS # 4068914

360 Views- SEE FOR MILES! Over 8700 square feet of living on 1.11 acres. 1500 square feet, 8 car garage. Amazing floor plan boasting two masters, three additional bedrooms, separate office, media room, game room, great room, formal dining and gourmet kitchen. Elevator for convenience. Top quality throughout: granite slab counters, 2X8 construction, travertine, hardwood floors. 8 Patios, Pool, WOW! MLS # 4025159

Approx. 4405 sq. ft. / 4 bed. + den / 4 baths

Approx. 8778 sq. ft. / 5 bed. + den / 5+ baths

OFFERED AT $1,325,000

OFFERED AT $2,325,000

KRIS ANDERSON 480-567-2103 www.yourpremierteam.net

KRIS ANDERSON 480-567-2103 www.yourpremierteam.net

NORTH CENTRAL CUSTOM

BILTMORE GOLF ESTATE

Gorgeous, NEW custom, Tuscan beauty in heart of most sought after prestigious North Central Phoenix neighborhood of million++ dollar homes! Truly 'one of a kind,' this single level home w/3-car garage is fully landscaped and ready for your enjoyment! Dream home build to owner's spec's. Flexible floor plan. Too many custom features to list! www.CentralPhoenixCustom.com MLS # 2998926

On the Links Course! Phenomenal Interior Design: dark bamboo floors, rich blonde granite, loads of cabinetry, two master suites, separate bdrm suite, Wolf Kitchen, breakfast nook, formal dining. Outdoor Kitchen equipped with built-in bbq, pavers front and back, pool ,epoxy double garage w cabinets, separate storage ideal for wine tasting room. Ideal Mini-Mansion on the Course. Walk to Wrigley MLS # 4055660

Approx. 4430 sq. ft. / 5 bedrooms / 3.5 baths

Approx. 3350 sq. ft. / 3 bed. + den / 3 baths

OFFERED AT $1,475,000

OFFERED AT $1,299,000

SUSAN REED 602-274-7787 www.AZSusanReed.com

KRIS ANDERSON 480-567-2103 www.yourpremierteam.net

24 | PROPERT IES MAGAZ I N E | W i nte r | 09 08

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PARADISE VALLEY

DESERT CONTEMPORARY

Exquisitely remodeled Paradise Valley Estate property. No expense spared with top grade wood flooring, alder cabinetry, granite surfaces, wine cellar, elegant fresco detail T/O, cedar master closet, sauna, 5-star kitchen equipped with best money can buy. Newer roof,HVAC,redesigned peb-tec pool/spa/water feature/fireplace. Privately situated in one of Paradise Valleys' most exclusive locations. MLS # 3005203

Embrace a higher standard of living in this custom desert contemporary in Paradise Valley with custom finishes inside and out including expansive hand picked slate floors. Outside discover your private playground on almost an acre lot with cabana bath, sport court, glass tiled heated pool and spa with 3 sheer decent waterfalls, grassy play area and built in barbeque. MLS # 4056572

Approx. 4706 sq. ft. / 4 bedrooms / 3.5 baths

Approx. 4521 sq. ft. / 4 bed. + den / 5 baths

OFFERED AT $2,450,000

JOHN SPOSATO, PC 602-571-3730 www.arizonahomegroup.com

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DOUGLAS DACOSTA 602-430-3788

OFFERED AT $2,350,000

PARADISE VALLEY

GAINEY RANCH GOLF

Charm and character best describe this Paradise Valley retreat. Very private acre plus lot surrounded by mature and lush landscape. Extensively updated and remodeled thruout. Features include: Large master bedroom , bath and closet, formal dining room, family room, gourmet island kitchen, intimate courtyard, wood casement windows and french doors and four masonry fireplaces. Owner Agent MLS # 4064675

Spectacular single family residence located in sought after Enclave II. Outstanding golf course, mountian and lake views are only the beginning! Exquisitely remodeled in every detail. Enjoy outdoor living in the backyard with a sparkling pool, patio areas, firepit with banco seating and views to the lake, towering trees and pristine golf course. Call today for a personal tour. MLS # 4069147

Approx. 3397 sq. ft. / 4 bedrooms / 3 baths

Approx. 4381 sq. ft. / 3 bed. + den / 3.5 baths

OFFERED AT $1,545,000

OFFERED AT $2,195,000

DOUGLAS DACOSTA 602-430-3788

DACOSTA/GIALAMAS 602-430-3788

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EAST SCOTTSDALE Luxery property with guest home on almost one acre. Home is 4300 sf, guest home is 987 sf. Dream kitchen with all brand names , stainless steel appliances. New A/C , re-conditioned Pool and cool deck, very warm master Br/w fire pl. MLS # 4084513

Approx. 4700 sq. ft. / 4 bed. + den / 4.5 baths

Approx. 5300 sq. ft. / 7 bedrooms / 4.5 baths

OFFERED AT $1,999,900

OFFERED AT $1,599,000

MIKE DOMER 480-861-8883

STEPHEN ELLIS 602-402-5406

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ARCADIA NEW BUILD BUILDER FINANCING 10% DWN, 5% INT ONLY FOR 3 YRS. Near Camelback & 64th St. Authentic Spanish Colonial on a large lot, includes, gourmet kitchen with Wolf and Subzero appliance, butler pantry, wine closet, FR, LR, DR, 3 cantera stone fireplaces, romantic master, marble and granite counters, travertine and wood floors, unique ceilings, covered patio, barbecue, pool, spa and oversized 3 car garage. MLS # 4006767

GAINEY RANCH ENCLAVE Sophisticated single level Gainey Ranch resort home. Located in exclusive Enclave II this single family residence features 3 bedrooms, 2.5 baths, formal living and dining rooms, eat-in kitchen and family room/den with walk-in wine cellar. Private backyard with lovely fountain and mature landscaping including citrus Enjoy year round resort style living in this terrific guard gated community MLS # 4048396

DC RANCH BEAUTY An Absolutely Stunning 4 BR, 4.5 BA, 2 Offices, Playroom & Theater, Salcito Custom Home on 1.38 Acres. Exterior features a Pool, Spa, Sport Court/Lrg Grass area & Lrg Covered Patio w/FP, Crt yard in front w/FP. This home is located on the 15th & 16th Holes of the DC Ranch G.C., one of Arizona's finest golf communities. Wonderful Views of City lights, Silverleaf and the McDowell Mountains. MLS # 4062480

Approx. 6547 sq. ft. / 4 bed. + den / 4.5 baths

Approx. 3331 sq. ft. / 3 bed. + den / 2.5 baths

OFFERED AT $4,395,000

DOUGLAS DACOSTA 602-430-3788

GREG REZAC 602-617-1039 www.pinnaclepeaknews.com

26 | PROPERT IES MAGAZ I N E | W i nte r | 09 08

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GATED COMMUNITY

DESERT MOUNTAIN CC

Timeless architecture and extraordinary quality. Sophisticated and understated elegance best describe this 1.6 acre North Scottsdale estate featuring four bedrooms, study, fitness room detached guest residence with full kitchen, laundry and garage. Commercial grade appliances, extensive furniture quality cabinetry and built-ins, custom interior and exterior doors and windows. 5 car garage MLS # 4054823

Recent Construction! Full golf membership included with this extraordinary Desert Mountain Country Club Custom. Outstanding design and quality in every detail. Extraordinary floorplan including three bedrooms, 3.5 baths plus den, formal living and dining, family room and chef's dream kitchen. Expansive covered patios with intregal misting system, heated pool and spa, outdoor fireplace and BBQ. MLS # 3005475

Approx. 5887 sq. ft. / 5 bed. + den / 5+ baths

Approx. 4272 sq. ft. / 3 bed. + den / 3.5 baths

OFFERED AT $2,895,000

OFFERED AT $2,149,000

DOUGLAS DACOSTA 602-430-3788

DOUGLAS DACOSTA 602-430-3788

SOPHISTICATED LIVING

DESERT HIGHLANDS

Be the talk of the town when you host elegant events in this dramatic soft contemporary residence with inspiring city and mountain views. Reminiscent of a world class resort with open living spaces and custom lighting that will showcase large art pieces or fine sculpture. World class outdoor amenities including large pool, swim up bar, elevated spa, water features, putting green, firepit and more. MLS # 2894719

Salcito custom home complete remodel finished in 2008. Filled with old world charm including 4 bedrooms, 4.5 baths, 8 gas fireplaces, courtyard, fountain, latillas, vegas, stacked stone walls, 24’ cut flagstone floors inside and out plus wood plank floors in master bedroom and family room. New family room, powder room, guest casita, negative edge pool, spa, barbecue, paver driveway, A/C's, & roof. MLS # 2977517

Approx. 6344 sq. ft. / 5 bed. + den / 4.5 baths

Approx. 4249 sq. ft. / 4 bedrooms / 4.5 baths

OFFERED AT $1,999,000 GAYLE HENDERSON PC, CRS, ABR, GRI, CRS, CDPE 602-850-4335 www.AZMovingPlan.com

We’re a fair housing provider.

OFFERED AT $1,595,000 MIKE DOMER 480-861-8883

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EQUESTRIAN ESTATE

Exceptional walk out basement property with guest house pad on front patio area. Travertine flooring, GE Monogram Appliances, Hickory Cabinets, granite countertops and wine closet are a few features of this outstanding gourmet kitchen. Light and bright breakfast room offers spectacular views. Fabulous outdoor living with cozy fireplace for outdoor dining and heated play pool. MLS # 4065472

Live and breathe the country lifestyle on 2.5 acres with a Scottsdale address. Fenced and gated property, meticulous inside and out. Spoil your horses with a 4 stall mare motel, tack room, auto waters and best of all, ride off property to the National Forest. Guests will love to mingle outside around the salt water pool, built in BBQ, and cozy FP. Entertainers dream, chef's will love huge kitchen. MLS # 4061931

Approx. 4372 sq. ft. / 4 bed. + den / 5 baths

Approx. 3677 sq. ft. / 4 bed. + den / 3 baths

OFFERED AT $1,465,000 DAVID JOHNSON 602-290-0336

BREATHTAKING VIEWS 360º Views - Golf, Mountains, Desert & City Lights! Gated Sonoran Estates on an Acre+, Deluxe Upgrades! Media room/4th BR & Office. Turkish Limestone flooring, slab granite counters, stainless steel Sub Zero & Dacor appliances, Plantation Shutters, Hunter Douglas Shades and more! Resort style yard - negative edge pool, spa, putting green, Viking BBQ, firepit, patios & seating areas to enjoy views! MLS # 4026596

Approx. 3658 sq. ft. / 3 bed. + den / 3.5 baths

OFFERED AT $1,395,000 BONNIE BURKE ABR, CLHMS, CRS, E-PRO, GRI 480-720-8001 www.BonnieBurke.com

SILVERLEAF Interested in living in Silverleaf? Beat the Monopoly -Use a Buyer's Agent. Call Tish to hear how to save thousands or possibly millions using Tish to negotiate your purchase! Great values are available including a new custom construction near lake with spectacular views! There's still time to personalize to your particular tastes! Call Tish today for information!

OFFERED AT $1,325,000 THE HENBEST TEAM - HOLLY & TOM 480-266-8785 www.BestInAZHomes.com

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TISCHER GROUP 480-231-0782 www.TischerRealtor.com

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here’s no question that the recent real estate market turmoil has caused both buyers and sellers to rethink plans and be more cautious. For sellers, many are questioning whether it would be better to wait until the market improves and prices stabilize. For buyers, it has meant taking a second and sometimes a third look before committing to a contract. Fortunately, there are still viable options for both sides. Location should always be considered when both buying and selling. Many experts advise that if you plan on living in the home for at least five years and it is in a good location, it will almost always appreciate in value. A quick flip as an investment might be more of a risk at this time, unless the property is a hot development in a fantastic location or neighborhood. Another consideration for those wanting to buy is financing. Mortgage rates have been at very appealing levels for some time and there are still plenty of lenders who will offer loans. Keep in mind that down payments and insurance are still required and if the property is appraised for less than the asking price, you will most likely be required to make up the difference yourself. Another major factor for both buyers and sellers

i n

t

o d a y

’

s

m

a R k e t

better price with the seller. Nobody can predict exactly what the market will do, but take into consideration all the facts and make an educated decision for yourself. Every situation will be different, and depending on your personal reasons for buying or selling as well as your financial situation, more than likely this market will work for you.

to consider is the number of homes currently on the market. From new and pre-construction, conversions and resells, the selection is more than plentiful right now. For buyers, this can be a very good thing. With so many homes to choose from, there is virtually something in every price range, size and style. And with so much competition, you can often negotiate a

Just the Stats: Home market (under $1.2 million) avg. sales price a

list/sell ratio

avg. sq.ft. a

$/sq.ft.

Biltmore

area

$605,886

92%

2,123

$268.61

Carefree/Cave Creek

$449,423

95%

2,519

$179.20

Fountain Hills

$476,917

95%

2,410

$198.42

North Scottsdale

$635,740

94%

2,835

$226.97

Paradise Valley

$714,195

88%

2,841

$259.39

Phoenix

$210,545

96%

1,792

$113.43

Scottsdale

$501,581

94%

2,439

$203.56

Valleywide

$234,121

96%

2,038

$113.53

Sales reflect Jan. 1 to Dec. 20, 2008 Arizona Regional Multiple List.

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S C O T T S D A L E

C O L L E C T I O N

DESERT HACIENDAS IN DC RANCH

Begin the new year by moving into a brand new residence built by Maracay Homes in the gated enclave of Desert Haciendas in DC Ranch. Relish the carefree lifestyle with fine shopping, dining, golf and community amenities. This popular single level 'Masaccio' floor plan is highly upgraded with hardwood floors, ceramic tile, custom cabinets, granite slab counters, security system and more. Complete with 3 car garage. Other floor plans are available. Please visit us! We're open weekends 12-4, South of Union Hills on 94th Street to Sonoran Sunset Pass. Call Susan for details. MLS # 2956679 Approx. 3581 sq. ft. / 4 bed. + den / 4.5 baths OFFERED AT $985,000 | SUSAN D. PIERCE PC, ABR, CLHMS | 480-363-9795 | www.SusanDPierce.com

NORTH SCOTTSDALE FABULOUS ACRE!

This is a fantastic home in a fantastic neighborhood! 4 bedrooms plus office, 3.5 baths, split plan, "guest suite" also split from other bedrooms. Highly upgraded bathrooms and kitchen with new Jenn-Air energy star appliances, travertine flooring with granite accents, granite tops in kitchen and baths, fireplace, custom built ins. New roof. Yard is a entertainers dream! Just put in, saltwater pebblesheen pool and spa, spa-side firepit, built in outdoor BBQ, play area & putting green! View fence backs to desert, lots of privacy, mountain views, acre lot- room for casita, culdesac street, 3 car garage, rv gate and all in a great location!

Approx. 3081 sq. ft. / 4 bed. + den / 3.5 baths OFFERED AT $879,000 | LIZA DEER | 602-329-1117 | www.wesellazhomes.com

30 | PROPERT IES MAGAZ I N E | W i nte r | 09 08

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h o m e s | n o rt h S C O T T S DA L E ~ S U R RO U N D I N G A R E A S

t h e

R E M A X

C O L L E C T I O N PINNACLE VIEWS AT TROON NORTH

Incredible Views! Aggressively priced! This stunning home offers architectural details & finishes that will enhance your Tuscan to Contemporary furnishings. Greatroom, 2 fireplaces, wet bar,french doors w/phantom screens looking onto saltwater pool. Split floor plan w/elegant master suite, luxuries bath w/walk-in shower & 6'whirlpool, lg walk-in closet w/ built-ins & floor safe! 2 of the 3 guest suites have french doors to front courtyard - great for guests or home office. Gourmet kitchen w/center island, breakfast bar, large pantry, built-in appliances and family dining. Eligible by application for Troon Golf Membership. MLS # 4076807

Approx. 2800 sq. ft. / 3 bedrooms / 3 baths

RR O AR UND EA ING

OFFERED AT $675,000 | JEAN KLIEN | 480-695-2433 | www.jeanklien.com

SU

EL MIRADOR AT SUPERSTITION MTN

Find tranquility in the desert in this old world residence. Beyond the domed foyer, is a clear view of desert and majestic Superstition Mountains through the remote controlled wall of glass. Classic finishes throughout including Knotty Alder cabinetry and doors, Turkish Travertine and slab granite counters. Full home theater, game and entertainment room. Guest casita with two rooms, bath and sauna near a 4 car garage. Large lot with a private pool featuring multiple water features that provide a relaxing background melody. Enjoy star gazing on the 1,134 SF roof top view deck. Energy efficient systems including solar power. MLS # 2959001

Approx. 5442 sq. ft. / 4 bed. + den / 4.5 baths GAYLE HENDERSON PC, CRS, ABR, GRI, CLHMS, CDPE | 602-850-4335 | www.AZMovingPlan.com

We’re a fair housing provider.

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homes

NORTH

R E M A X

PHOENIX

~

SCOT TSDALE

C O L L E C T I O N

PH NORT OE H NIX

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MOON VALLEY + VIEWS!

PERFECTION PLUS . .

Exceptional Lookout Mountain VIEW lot! Gracious living/dining/entertaining space + HUGE family-kitchen-breakfast area. Situated for views from all major rooms! Walkout lower level w/room for pool or additional garage/guest quarters. Versatile split floorplan allows for media room, quarters w/private entrance, or add an elevator. Granite+ Travertine+ SS Appliances+ 3 garages = SPACE TO LIVE WELL! MLS # 4072863

Beautifully updated and meticulously maintained! Slab granite counters and stainless appliances, new flooring and lighting throughout, sparkling pool recently replastered, new front door, tiled shower surround in master bath and fresh neutral interior paint * Shows like a model in pristine condition * Close to freeways, resturants and shops * Great neighborhood * MLS # 4001635

Approx. 5350 sq. ft. / 5 bed. + den / 5+ baths

Approx. 2039 sq. ft. / 3 bedrooms / 2 baths

OFFERED AT $1,000,000

ALI SONTAG-GOYETTE 480-874-2062 www.aligoyette@cox.net

PAR AD

ISE

SC OTT S

VAL L

DA LE

EY

M J JONES 602-315-3693

OFFERED AT $359,000

GREAT VALUE

LOW UTILITIES!

Rare opportunity to find a home in Paradise Valley at this price! Located on a prime corner lot in great neighborhood. Close proximity to the finest of shopping, dining, entertainment and schools. Partially remodeled with travertine floors and neutral paint to make the interior light and bright. Nice sized backyard with 15x32 diving lap pool and desert landscape. Call Gayle for a private showing! MLS # 4033671

This beautiful home has been scraped to the slab and rebuilt as a LEED Certified Platinum home, the highest level attainable. Home includes solar panels, no VOC paints, bamboo flooring, wool carpets, recycled travertine, whole house remote lighting, tankless hot water, CL Free drinking water & pool system, R40+ insulation. Home is on over 1/2 acre in 85254. Great schools and great area! MLS # 4066335

Approx. 2713 sq. ft. / 3 bedrooms / 2.5 baths

Approx. 2864 sq. ft. / 4 bedrooms / 3 baths

OFFERED AT $799,900

OFFERED AT $1,100,000

GAYLE HENDERSON PC, CRS, ABR, GRI, CRS, CDPE 602-850-4335 www.AZMovingPlan.com

JAN GREEN 602-620-2699 www.JanGreenAzHomes.com

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homes | SCOT TSDALE ~ NORTH SCOT TSDALE

t h e

R E M A X

C O L L E C T I O N

LOCATION + GORGEOUS! Fabulous Home! Lovingly lived in & maintained inside & out! Exceptional updates include: real hardwood floors, travertine floors, newer dual pane windows, plantation shutters, stainless appliances, slab granite island with glass cooktop, Corian countertops & sink, slab travertine counters in all baths to include undermount sinks., & travertine tub and shower surround in master bath * Gainey area MLS # 4027776

Approx. 2950 sq. ft. / 4 bedrooms / 2.5 baths

Approx. 2481 sq. ft. / 3 bedrooms / 2.5 baths

OFFERED AT $879,000

OFFERED AT $495,000

CARLA BORING 480-220-5909 www.CarlaBoring.com

ALI SONTAG-GOYETTE 480-874-2062 www.aligoyette.com

SC NOR OTT TH SD ALE

SCOTTSDALE MOUNTAIN Beautiful Golden Heritage single level home in guard-gated Scottsdale Mountain! Home has been completely updated with appliances, granite countertops, new fixtures and carpet! Remodeled Baths! Beautiful hard wood floors! Sits N/S with 3 Car Garage & Backyard Paradise! Huge Lot - 15,966 sf! Awesome Mountain Views! Close to Mayo Clinic, Scottsdale & Basis Schools!

SCOTTSDALE NEW MODEL

DC RANCH

Incredible location in Exclusive gated com on 36,000 sq ft.lot. This new home has 5 bd,4.5ba/den/gam rm + features an incredible BASEMENT w/bd/ba & wetbar. Gourmet kit w/Viking Gas Range/oven,SubZero Refri,Upg granite&cabs. Huge Mstr Retreat w/coffeebar, 2 walkin closets,walkin shower,oversized jetted tub&granite tops. Wrought Iron Entry Dr, Lots of Travertine, Pool + 2 patios. Builder Warranty! MLS # 4021433

Maracay Homes presents this beautifully upgraded 'Francesca' model offering a gently flowing floor plan w/master on main floor. Game room and carriage house upstairs. Appreciate the thoughtful detail with courtyard entry, vaulted beamed ceilings, custom cabinetry, and crown molding. Located in the gated community of Desert Haciendas in DC Ranch. Open on weekends, call Gayle for details. MLS # 2956685

Approx. 5954 sq. ft. / 5 bed. + den / 4.5 baths

Approx. 4740 sq. ft. / 6 bedrooms / 4.5 baths

OFFERED AT $1,159,000

OFFERED AT $1,100,000

MELANIE SANDERS 480-570-5203 www.yourarizonahomespecialist.com

GAYLE HENDERSON PC, CRS, ABR, GRI, CRS, CDPE 602-850-4335 www.AZMovingPlan.com

We’re a fair housing provider.

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DESERT SUMMIT

BENT TREE ESTATES

Imagine spending evenings gazing out at the mountains and lush arroyo from your entertainer's backyard with sparkling pool, elevated spa and bbq area with Kiva fireplace & banco seating. Inside, discover a warm neutral decor with two tone designer paint in cafe creme, well laid out floorplan and recently upgraded kitchen with breakfast room. Call Gayle to view this fine home in Troon/Troon North. MLS # 2973484

An exceptional home at an exceptional value! North Scottsdale home offers 4 bedrooms, or 3 bedrooms and a den, 2.5 baths, and a beautiful pool on nearly 3/4 of an acre. A finely manicured yard combined with upgraded limestone pavers in the front and back patios creates a desert oasis you'll be proud to call home. Do not miss this opportunity! MLS # 4030143

Approx. 3567 sq. ft. / 4 bed. + den / 3.5 baths

Approx. 3060 sq. ft. / 4 bedrooms / 2.5 baths

OFFERED AT $895,000

OFFERED AT $565,000

GAYLE HENDERSON PC, CRS, ABR, GRI, CRS, CDPE 602-850-4335 www.AZMovingPlan.com

SARA NICKELS GRI ABR E-PRO MBA 602-568-2848 www.SaraNickels.com

PRINCESS RESORT AREA

SCOTTSDALE QUALITY

Gated community of Alcazar...with heated pool, near Scottsdale Airpark/Perimeter Center & Loop 101, walking dist to the CAP Basin Sports complex. Interior lot makes this a great 2nd home for winter visitors or for someone who wants to downsize. MLS # 4062871

Fabulous Scottsdale neighbhood close to the North Scottsdale shopping mecca, Kierland Commons, and an unending variety of restaurants and entertianment. This wonderful 4 bd 2ba home has newer carpet, travertine flooring and new interior paint. The lush rear yard landscaping and pool beckon you and your guests to enjoy a fantastic outdoor living space all year. A must see!

Approx. 2016 sq. ft. / 3 bedrooms / 2 baths

Approx. 2150 sq. ft. / 4 bedrooms / 2 baths

OFFERED AT $459,000

OFFERED AT $450,000

FRANK NIX 480-419-7959 www.fnix.com

ROLAND SHARER 602-980-7253 www.RolandSharer.com

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P H O E N I X

N o rt h

~

N O RT H

P H O E N I X

S c ot t s da l e

PH OE NIX

h o m e s

1820 E. ROSE LN

DREAM HOME!

MIRALAGO WATERFRONT!

Well maintained 1950's ranch, located in a quiet neighborhood in the Tonka Vista subdivision. Madison school district, minutes to Piestewa Peak and route 51. Priced to sell; has been appraised.

Awesome Arcadia/Biltmore location. Almost 1/3 Acre w/Diving Pool. Beautiful, Upgraded Home w/Lavish Granite in Gourmet Kitchen, Stunning Cabinetry, SS Appliances, Travertine Floors and Newly Painted.

Resort style grounds and amenties with this single-level most popular model - The Riva! 2 master bedrooms w/private baths & den with 3/4 bath. Open floorplan w/french doors, fireplace & waterfront!

Approx. 2378 sq. ft. / 3 bedrooms / 3 baths

Approx. 2822 sq. ft. / 5 bedrooms / 2 baths

Approx. 1644 sq. ft. / 2 bed. + den / 3 baths

OFFERED AT $450,000

OFFERED AT $450,000

OFFERED AT $325,000

RICH BENKO 480-213-8422 WWW.RICHBENKO.COM

BETH STEIL 480-326-0969 www.BethSteil.com

SUSAN REED 602-274-7787 www.AZSusanReed.com

MLS # 4057640

PH NORT OE H NIX

MLS # 4077233

SHORT SALE PHOENIX

GREAT CONDITION!

TATUM AND SHEA

Lender approval required. As a Certified Distressed Property Expert, we get them closed. Close to Univ of Phx Stadium, this home ready for remodel. 10,000 sq. ft lot backs to golf course.

It has been lovingly cared for by the original owners. Block construction. Updated kitchen w/huge pantry. Incl. all appliances. Relaxing patio w/ lush greenery and fountain. Workshop. RV gates. No HOA

Builder finance 10% down and 5% int. only for 3 yrs. Complete ground up re-build on over 1 acre lot with slate floors, granite counters, 3 fireplaces, private patio for each bedroom and 4 car garage. MLS # 4082922

Approx. 1592 sq. ft. / 3 bedrooms / 2 baths

Approx. 1348 sq. ft. / 3 bedrooms / 2 baths

OFFERED AT $115,000

OFFERED AT $75,000

GAYLE HENDERSON, PC,CDPE, CRS, ABR, CLHMS

LOUISA WARD 602-769-6699 www.PhoenixHomesAZ.com

602-850-4335 www.AZAvoidForeclosureNow.com

MLS # 4075397

Approx. 3800 sq. ft. / 4 bedrooms / 4 baths OFFERED AT $999,900 MIKE DOMER 480-861-8883

WILDFIRE GOLF COURSE

DESERT RIDGE-GORGEOUS

SCARLETT CANYON

Desert Ridge Gated! Premium Golf Course lot! Mountain views. Cul-de-sac privacy. Huge Lot - room to add casita/guest house. Split Plan. Guest Suite. Office and Built-ins. Freshly painted. NEW granite.

MLS # 4021279

Adjacent desert open space with mountain & desert views. Upgrades - Italian tile, stainless steel appliances, sound inside/out. Private resort style back yard-pool, spa, putting green, BBQ, fireplace. MLS # 2910540

Highly upgraded home with resort like backyard; quiet street w/mountain views; granite counters; Brazilian and Walnut floors; tile in the right places; pebble tec pool; designer fixtures; & more!!! MLS # 2946939

Approx. 3,529 sq. ft. / 3 bed. + den / 3 baths

Approx. 2,897 sq. ft. / 4 bed. + den / 3 baths

Approx. 1901 sq. ft. / 3 bed. + den / 2 baths

OFFERED AT $749,000

OFFERED AT $649,000

OFFERED AT $449,000

THE HENBEST TEAM - HOLLY & TOM 480-266-8785 www.BestInAZHomes.com

THE HENBEST TEAM - HOLLY & TOM 480-266-8785 www.BestInAZHomes.com

RON CACINI 480-515-1793 www.roncacini.com

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H o m e s

P H O E N I X

RTH

PH OE NIX

N O R T H

Photo: Courtesy of Desert Ridge Marketplace

NO

Desert Ridge

|

l

ocated in northeast Phoenix along the western border of north Scottsdale, Desert Ridge is a family-oriented planned development offering a variety of communities. Residents enjoy a number of amenities, including schools in the Paradise Valley Unified School District, community parks, nature trails and recreational activities. However, it is its retail and commercial center that Desert Ridge is known for. Desert Ridge Market Place is a unique open-air shopping center that offers established retailers and specialty boutiques, as well as an assortment of dining and entertainment options. North of Market Place is the JW Marriott Desert Ridge Resort & Spa, a luxury hotel featuring a world-class spa, championship golf and fine dining.

desert Ridge Featured Home

TOTALLY STUNNING!

LIKE NEW! 4BD 3BA

Gorgeous Hard Wood Hand Scraped Floors. New Kitch, Slab Granite, Double Convection Jenn-air Ovens, Bosh D/W, Huge Island & Stainless Steel Appliances. Pebble Tec Salt Water Pool. Patio BBQ, Beehive FP MLS # 4078626

Immaculate large 4bd 3 ba + gam rm & loft w/1 bedr/ba down. Lrg kit w/granite,upg cabs, island & gas cooktop. Cov patio + lrg backyard with views. Huge Mstr bd/sep tub/shw. Beautiful Desert Peak Comm.

Approx. 3098 sq. ft. / 4 bedrooms / 2.5 baths

Approx. 3392 sq. ft. / 4 bed. + den / 3 baths

OFFERED AT $400,000

OFFERED AT $395,000

ROBYN VIKTOR 480-346-5327 www.PhoenixHomesAZ.com

MELANIE SANDERS 480-570-5203 www.yourarizonahomespecialist.com

GREAT ROOM CONCEPT

CLOSE TO PV MALL

Outstanding Pulte home with huge kitchen, large formal dining room, fireplace in living room and citrus trees in the back yard. Garage extra length for large automobile or crew cab truck. Impeccable!

MLS # 4081695

Gorgeous home. Baths redone w/gorgeous tiles & features. Light bright rooms. Great kitchen, formal dining room, entertainment areas and great ironwork. Great outdoor spaces. 2- car garage. MLS # 2985379

Approx. 1,772 sq. ft. / 3 bedrooms / 2 baths

Approx. 1477 sq. ft. / 3 bedrooms / 1.75 baths

OFFERED AT $259,900

OFFERED AT $236,000

DAVID JOHNSON 602-290-0336

BLANCHE LUKES 602-390-0555

SUPERB DESERT RIDGE Spectacular Wildfire Golf Course, Sunset & Mountain Views. Gated Ironwood Greens! Exceptional upgrades and meticulous attention to detail. Huge, serene, parklike backyard. TimeShare can be included!

MLS # 4075446

Approx. 3,560 sq. ft. / 4 bed. + den / 3.5 baths OFFERED AT $850,000 THE HENBEST TEAM - HOLLY & TOM 480-266-8785 www.BestInAZHomes.com

MLS # 4068504

PHOENIX BEAUTY!

NE PHOENIX PATIO HOME

Truly move-in-readt home features beautiful wood floors; upgraded carpet; new light fixtures and fans; new exterior paint; split master; fireplace;and covered and open patio areas. A great value! MLS # 4043564

Beautiful Tiled Counters and Floors. Split Master. French Doors. Skylight in Kitchen, Dining & Baths. Relaxing Patio. Private Yard. 2 car garage. 2 Community Pools. HOA $74 month. 1 Mile to 101 Freewy MLS # 4076289

Approx. 1,476 sq. ft. / 3 bedrooms / 2 baths

Approx. 1432 sq. ft. / 3 bedrooms / 2 baths

OFFERED AT $220,000

OFFERED AT $165,000

ROBYN VIKTOR 480-346-5327 www.PhoenixHomesAZ.com

LOUISA WARD 602-769-6699 www.PhoenixHomesAZ.com

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h ome s

|

NORT H

PHOE NIX

S c ot t s da l e

PAR AD ISE

VAL LEY

N o rt h

~ S C OT TS DA L E

CHER COC CHAP SCHOOLS

PV VALUE ACRE

City light and mtn. views abound! PV border west of Tatum and Mockingbird on nearly 1 acre. Remodeled kitchen, master bath, new Pella windows. Very liveable with huge potential. Priced at lot value.

MLS # 2985553

Paradise Valley Acre lot, 180' wide, North/South exposure, back facing Camelback Mountain and Phoenix Mountain preserve to the west. Near Tatum/DBLTree. Live in or rent until rebuild.

Approx. 3648 sq. ft. / 4 bedrooms / 3 baths

Approx. 2782 sq. ft. / 3 bed. + den / 3 baths

OFFERED AT $1,150,900

OFFERED AT $999,900

MIKE DOMER 480-861-8883

MIKE DOMER 480-861-8883

Approx. 1690 sq. ft. / 3 bedrooms / 2 baths OFFERED AT $145,000

RIO

VER

DE

BETH STEIL 480-326-0969 www.BethSteil.com

SC OTT S

MLS # 4036427

DA LE

BEAUTIFUL HOME! Short Sale Opportunity. Newly Remodeled w/Updated Fixtures. Oversized Master Bedroom. Large Lot. Terrific Location near Beautiful Park & Elementary School, Convenient to Freeways, Shopping & Dining.

PRIDE OF OWNERSHIP +

TONTO VERDE DELIGHT!

MCDOWELL MTN RANCH

If you appreciate a good home in the area of Paradise Valley at a bargin, this is a must see. Southwest style, hi quality upgrades. Tile, hardwood floors neutral carpet + resort back yard with pool

Wonderful custom designed home situated in the golf community of Tonto Verde. Dramatic circular greatrm w/ fireplace & entertainmt center. Kitchen upgrades galore including granite & alder cabinets!

Gated Model Show Home enhanced by gigantic ceilings, picture windows, 18 inch tile, alder wood cabinetry, granite slab counters. Gourmet kitchen, jetted spool, 3 car garage, all on one level.

MLS # 2920682

MLS # 2915458

Approx. 2407 sq. ft. / 3 bedrooms / 2 baths

Approx. 3603 sq. ft. / 4 bedrooms / 3.5 baths

Approx. 2400 sq. ft. / 4 bedrooms / 2 baths OFFERED AT $349,000 BLANCHE LUKES 602-390-0555 blanchelukes.com

OFFERED AT $649,500 SUSAN MIERAU 480-213-2119

OFFERED AT $850,000 KRIS ANDERSON 480-567-2103 www.yourpremierteam.net

MTN. VIEWS & GATED

85254 HORSE PROPERTY

GOLF COURSE RETREAT

Sits on Premium Mtn View Lot. Remodeled kitchen, baths & flooring w/upgraded amenities. 3 Bdrm, 2.5 Bath, Great Room, Sep Living Rm., Formal Dining, Pool, Spa, 3-car garage. VIEWS, VIEWS, VIEWS!!!

MLS # 2726257

Charming tri-level home in heart of Scottsdale. 4 bedroom, 3.5 bath home on nearly an acre . Backyard oasis has pool, barn with stalls, grass area, RV Parking and lots more! A must see! MLS # 4056626

Elegant remodel in Scottsdale Country Club. Travertine and granite throughout. Custom cherry cabinets in gourmet kitchen. Split floorplan. Course and lake views. 24 hr gaurded gate. Priced to sell!!

Approx. 2836 sq. ft. / 3 bed. + den / 2.5 baths

Approx. 2360 sq. ft. / 4 bedrooms / 3.5 baths

Approx. 2769 sq. ft. / 3 bedrooms / 2.5 baths

OFFERED AT $850,000

OFFERED AT $795,000

NANCY ERIS 480-628-0100 NancySellsAZHomes.com

RANDI CHRISTEL 602-370-2396 www.HomesByRandi.com

We’re a fair housing provider.

MLS # 4077519

OFFERED AT $769,000 GINA BURTON 602-684-2676

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homes | SCOT TSDALE ~ north scot tsdale

S c ot t s da l e

SC OTT S

DA LE

N o rt h

MOUNTAIN VIEW ESTATES

SCOTTSDALE

GATED COMMUNITY

Santa Barbara Split, Single Level surrounded by $1million homes. Oasis backyard. Great room, massive kitchen. Feel the SPACE. 5 Huge Bedrooms, Fireplace, 9+ft ceilings. WOW Price. 90th & Cactus.

MLS # 4036112

Coventry Home in Cholla Ridge has large master suite &3 car garage, pool & large covered patio. Kitchen & Baths have been updated. Great views of mountains and city lights! Walk to Scottsdale Schools!

$150K price reduction on this beautiful home near 101 Fwy & Market Street. Large sitting area adjacent to master bedroom could be used as an office or exercise Room. Two tone paint and central vacuum.

Approx. 3632 sq. ft. / 5 bedrooms / 3 baths

Approx. 2701 sq. ft. / 3 bed. + den / 2 baths

Approx. 3264 sq. ft. / 5 bedrooms / 3 baths

OFFERED AT $750,000

OFFERED AT $580,000

OFFERED AT $549,900

KRIS ANDERSON 480-567-2103 www.yourpremierteam.net

CARLA BORING 480-220-5909 www.CarlaBoring.com

MEHRAN PARSAI 480-585-8100 www.Parsai.com

MLS # 2986390

CAMELDALE

SCOTTSDALE SCHOOLS!

RASKIN ESTATES BEAUTY

Close to fashion square, shopping and restaurants, this community has guard gate,community pool and spa. Courtyard entry and side patio leads to private pool. Cozy kitchen, casual and formal dining.

FULL REMODEL YEILDS CONTEMPORARY STUNNER! SS appliances, granite kitchen, baths, windows, doors, flooring, & paint create spacious open home with big back patio and fenced yard on large corner lot! MLS # 4079875

Terrific Home in Raskin Estates, with updated travertine flooring & updated bathrooms too! On a large lot with a Pool, in the heart of 85254 with access to dining & shopping! Horizon High School too!

Approx. 1800 sq. ft. / 4 bedrooms / 2 baths

Approx. 2330 sq. ft. / 4 bedrooms / 2.5 baths

Approx. 1931 sq. ft. / 2 bed. + den / 2 baths OFFERED AT $500,000

OFFERED AT $400,000

GAYLE HENDERSON, PC,CDPE, CRS, ABR, CLHMS

M J JONES 602-315-3693

OFFERED AT $375,000 DAVID E. BLOBAUM, PLLC 480-329-6327 www.DaveBlobaum.com

SC NOR OTT TH SD ALE

602-850-4335 www.AZMovingPlan.com

MLS # 4069754

SCOTTSDALE - CHARM!!!

TROON RIDGE ESTATES

MOUNTAIN VIEW ESTATES

Granite/SS appl., Fresh Int./Ext. Paint, Airy & Bright, Backyard Fantasy + Pool in the "Magical" 85254 zip code. A Wonderful opportunity in a great neigh. + top schools. (Seller assist. possible) MLS # 4009315

Lee Hutchinson designed home surrounded by fabulous mountain views with open floor plan including LR, DR, FR, kitchen with granite center island, cooled garage, spacious patios and desert landscaping.

Move right into this elegant remodel located on a nice sized lot. Great attention to detail with top of the line appliances, newer custom cabinetry, oversized family room w/gorgeous media ctr & more.

Approx. 2949 sq. ft. / 3 bedrooms / 3 baths

Approx. 3401 sq. ft. / 4 bedrooms / 3 baths

OFFERED AT $899,900

OFFERED AT $895,000

MIKE DOMER 480-861-8883 mike@mikedomer.com

KAREN GROBMAN PC, GRI, CLHMS, E-PRO

3 bedrooms / 2.5 baths OFFERED AT $369,000 GAIL MARTIN 480-502-5718

MLS # 3012320

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MLS # 4080774

480-688-0688 www.ArizonasHotProperties.com

We’re a fair housing provider.


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MONTANA VISTAS

DESERT HILLS

WOLF GOURMET KITCHEN

Savor the peaceful setting of this inviting territorial home with wonderful architectural finishes. Entertainer's backyard w/diving pool, fireplace, grass lawn and multiple sitting areas. No HOA!

Designer showcase with elegant and spacious living spaces. Custom paint, plenty of storage, extra loft area and den. Fabulous yard w/relaxing rock waterfall, sparkling pool and pool house! 3 car gar.!

MLS # 4011251

Gated Canada Vistas! Too Die For Gourmet Kitchen: Viking Refrigerator/Freezer, Wolf Gas Range, granite slab counters, loads of cabinets. Great Room, outdoor living room, pool, a MUST SEE!

Approx. 3304 sq. ft. / 4 bedrooms / 3.75 baths

Approx. 4030 sq. ft. / 5 bed. + den / 4 baths

Approx. 3010 sq. ft. / 4 bedrooms / 3 baths

OFFERED AT $889,000

OFFERED AT $799,900

OFFERED AT $775,000

KAREN GROBMAN PC, GRI, CLHMS, E-PRO

KAREN GROBMAN PC, GRI, CLHMS, E-PRO

KRIS ANDERSON 480-567-2103 www.yourpremierteam.net

MLS # 4006380

480-688-0688 www.ArizonasHotProperties.com

ARABIAN CREST

480-688-0688 www.ArizonasHotProperties.com

PINNACLE RESERVE

RESORT LIVING

Mediterranean Floor Plan by Morrison. Beautifully appointed home w/ designer touches, top of the line carpet and tile. Neat & Clean. Backyard boasts kiva fp, bbq, pool, no neighbors behind you.

Backs to Chaparral Park. Updated Single Level Townhome in prime central Scottsdale Location. Guard gated cmmty, private heated pool and spa, light & bright interior. Walk to grocery, close to 101.Wow

5 bedrooms / 4 baths

Approx. 2524 sq. ft. / 4 bedrooms / 3 baths

Approx. 1978 sq. ft. / 2 bed. + den / 2 baths

OFFERED AT $630,000

OFFERED AT $550,000

OFFERED AT $424,900

JOHN SPOSATO, PC 602-571-3730 www.arizonahomegroup.com

KRIS ANDERSON 480-567-2103 www.yourpremierteam.net

STEVE MORA 480-330-7772 www.yourpremierteam.net

Move right into this beautiful home with fresh paint, new carpeting, ceramic tile and pergo floors. Great backyard w/pebble tec pool, hot tub, waterfall, frpl, bbq and more! Also for lease. MLS # 4056600

CONVENIENTLY LOCATED

MCDOWELL MOUNTAIN

Large culdesac lot backing to canal with mountain views in North Scottsdale, privacy yet convenience, 5 bedrm, 3 ba, pool/spa, 3 c-garage, short sale, agent is a certified distressed property expert. MLS # 4083211

Snatch up the opportunity for a great value in this sought after community! Open floorplan with a bedroom on main floor. Mountain views, backs to wash, plenty of privacy. Great community amenities!

Approx. 2796 sq. ft. / 5 bedrooms / 3 baths

Approx. 2132 sq. ft. / 4 bedrooms / 3 baths

OFFERED AT $423,535

OFFERED AT $375,000

LIZA DEER 602-329-1117 www.wesellazproperties.com

JOHN SPOSATO, PC 602-571-3730 www.arizonahomegroup.com

MLS # 4024589

MLS # 2726257

CONTEMPORARY LIVING SHORT SALE! Call Tish - Make Offer! Embrace this stunning blend of contemporary design with the serenity of desert life in Candlewood Estates. Guest house, gated golf course subdivision, great decor.

MLS # 4045215

Approx. 4028 sq. ft. / 4 bed. + den / 4.5 baths TISCHER GROUP 480-231-0782 www.TischerRealtor.com

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CANDLEWOOD ESTATES Seize this opportunity to move into a truly stylish and sophisticated home in Troon North for a great price! Flowing architectural lines, gorgeous pool, spa, 3 car garage and close to golf course! MLS # 3034513

Approx. 3100 sq. ft. / 3 bedrooms / 3.75 baths TISCHER GROUP 480-231-0782 www.TischerRealtor.com

GILBERT TUSCAN CUSTOM

WONDERFUL FAMILY HOME

A rare find in the heart of Gilbert - luxurious, custom-built Tuscan beauty w/basement in small, prestigious, gated community of 11 other beautiful custom homes. www.LegendsRanchGilbert.com MLS # 2980194

Very open, light and bright, high ceilings, featuring 3 bedrooms, 2 baths, great room, fireplace, master bedroom split, 2 car garage and NO HOA. East Valley, close to shopping, freeways and schools!

Approx. 3892 sq. ft. / 5 bedrooms / 4 baths

Approx. 1635 sq. ft. / 3 bedrooms / 2 baths

OFFERED AT $899,900

OFFERED AT $199,500

SUSAN REED 602-274-7787 reedphx@aol.com

JACKIE PEREZ-WILSON, ABR,GRI 480-329-7011 www.ScottsdaleHomesPro.com

MLS # 4071348

SHORT SALE LAVEEN

SHORT SALE TEMPE

MARICOPA SHORT SALE

Lender approval required. As a CDPE we get them closed. Maltabano built, 2007, Galleria model split plan, premium lot backs to greenbelt. Open kitchen/family room. Covered patio leads to pool area

Lender approval required. As a CDPE, we get them closed. Quiet neighborhood with value to add to your fix-up efforts. Close enough to bike to ASU and a mile to Tempe Mills Shopping Center.

Lender approval required. As a CDPE, we get them closed. Rancho El Dorado, masterplanned oasis only 45 min. from downtown Phoenix. Tree lined streets, lake and golf course make this ideal.

Approx. 1878 sq. ft. / 4 bedrooms / 2 baths

3 bedrooms / 2 baths

Approx. 1701 sq. ft. / 3 bedrooms / 2 baths

OFFERED AT $165,000

OFFERED AT $130,000

OFFERED AT $120,000

GAYLE HENDERSON, PC,CDPE, CRS, ABR, CLHMS

GAYLE HENDERSON PC, CDPE, CRS, ABR, GRI, CLHMS

GAYLE HENDERSON, PC,CDPE, CRS, ABR, CLHMS

602-850-4335 www.AZAvoidForeclosureNow.com

602-850-4335 www.AZAvoidForeclosureNow.com

602-850-4335 www.AZAvoidForeclosureNow.com

SHORT SALE

SHORT SALE

COOLIDGE SHORT SALE

Queen Creek Short Sale: lender approval required. As Certified Distressed Property Experts, we get properties closed, using professional lender coordinators. Move-in ready and loaded with upgrades. MLS # 4069094

Queen Creek Short Sale. Lender approval required. As CDPE, we get them closed. Great cook's kitchen open to dining and great room. All bedrooms & laundry upstairs. Powder room downstairs.

Lender approval required. As a CDPE, we get them closed. Masterplanned Heartland Ranch just blocks from elementary school. Meritage built, upgraded, and move-in ready expansive tile, extra electrical

Approx. 2271 sq. ft. / 4 bed. + den / 3 baths

Approx. 1734 sq. ft. / 4 bedrooms / 2.5 baths

Approx. 2336 sq. ft. / 4 bed. + den / 3 baths

OFFERED AT $117,500

OFFERED AT $110,000

OFFERED AT $110,000

GAYLE HENDERSON PC, CRS, ABR, GRI, CRS, CDPE

GAYLE HENDERSON, PC,CDPE, CRS, ABR, CLHMS

GAYLE HENDERSON, PC,CDPE, CRS, ABR, CLHMS

602-850-4335 www.AZAvoidForeclosureNow.com

602-850-4335 www.AZAvoidForeclosureNow.com

602-850-4335 www.AZAvoidForeclosureNow.com

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We’re a fair housing provider.


Condos

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n the Valley, where available space is becoming scarce, home developers and homeowners are now embracing high-rise living, also known as “vertical neighborhoods.” These high-rise condos feature residential units, retail space and scores of amenities such as on-site gyms, pools and atriums, all designed to give homeowners a wide array of options for modern urban living. The newest trend to hit the real estate market in the Valley is urban loft living. For years, lofts have been common way of living in the eastern region of the country.The first loft development to be established in Phoenix, however, came only recently in 2000. Ever since then, the popularity of loft living has soared. Urban lofts allow for a completely new style of living for city dwellers that are tired of the typical suburban single-family home. With loft living, homeowners can still enjoy a lifestyle of comfort and luxury without retreating to the outskirts of the city. The conveniences and excitement of the city living are right at your fingertips when you step outside your door. Lofts are great for homebuyers seeking a particular lifestyle that involves little time at home and the freedom to roam about the city on foot. Since most loft developments in Phoenix have only been constructed

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within the past few years, they are typically better suited to accommodate current lifestyles. If you’re looking to buy a loft or condo in one of the new Phoenix developments or even in neighboring cities like Scottsdale and Chandler, now is the best time to start your home search. Projects include the Downtown Phoenix Lofts just down the street from Chase Field, the Orpheum Lofts in a historic high rise-

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building, and the Artisan Lofts on Central Avenue, to name a few. Whether you’re a young, urban professional or an empty nester, the low-maintenance of condos, highrises or urban lofts is an appealing choice.

Just the Stats: Condos, High Rises and lofts City

avg. sales price a

list/sell ratio

avg. sq.ft. a

avg. sq.ft. a

Biltmore

$259,153

96%

1,185

$202.88

Carefree

$430,700

94%

2,155

$205.65

Cave Creek

$341,533

94%

1,704

$196.54

Fountain Hills

$249,651

94%

1,351

$190.23

Paradise Valley

$279,139

94%

1,216

$243.64

Phoenix

$182,697

95%

1,200

$142.93

Scottsdale

$275,957

95%

1,188

$214.70

Valleywide

$205,843

95%

1,258

$155.71

Sales reflect Jan. 1 to Dec. 20, 2008 Arizona Regional Multiple List.

did you know? There are slightly more men than women in the state. More than 34 percent of the people 20-years-old and older in Maricopa County are single. 0 9 | W i n t er | P RO P ERT I ES M AGA ZINE | 41


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VILLA ESTADOS

Boutique, retro condominium community in the heart of Phoenix's Camelback area, on a quiet residential street. Spacious 1, 2 and 3 bedrooms from 713 to 1566 sq. ft. Hardwood floors, granite countertops, stainless steel appliances, vessel sinks, floor to ceiling windows, large patios, gated parking and beautiful pool. From $149,900 to $214,900. Canadians, ask about guaranteed par exchange rate! MLS # 4007081

ONLY 6 Units- NEW Condo Construction in the heart of Scottsdale. 10+ ft ceilings. 3 floor Plans offer 2-3 bdrms w/Offices & garages. Choose from 1652 to 2419 sq ft plans. Lots of light. Rich cabinetry, 16" tile, granite,Great Room Floor plans. Walk in closets. Designer touches. Huge covered patios and view balconies. Cmmty Pool- Great Location! Seller will pay HOA dues through 12/31/2010

Approx. 1,315 sq. ft. / 3 bedrooms / 2 baths

OFFERED AT $375,000

OFFERED AT $214,900 THE CONDO PROS 602-535-5667 www.BuyMirada.com

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KRIS ANDERSON 480-567-2103 www.yourpremierteam.net

THE ALLISON

VILLAS PALM VALLEY

Luxury North Scottsdale 1 and 2 bedroom condos - one & two-story - from 822 to 1108 sq. ft. Granite countertops, 42" maple cabinetry, stainless steel appliances and ceramic flooring. Resort-style pool and spa with gazebo, travertine surround and beautiful clubhouse. Excellent location just off the 101 and Raintree, near golf, shopping and entertainment. From $149,900 to $234,900. MLS # 2919873

Gated patio homes in the West Valley, near golf and new shopping areas. No maintenance, great second homes. 1 and 2 bedrooms with 1 or 2 car garages, a community pool and private putting green. Beautiful designer upgrades such as 8' doors, travertine, granite, stainless steel appliances, fireplaces, innovative floor plans and large patios. 1147 to 1632 sq. ft. from $224,900 to $285,900. MLS # 4061373

Approx. 1,107 sq. ft. / 2 bedrooms / 2 baths

Approx. 1,473 sq. ft. / 2 bedrooms / 2 baths

OFFERED AT $209,900

OFFERED AT $285,900

THE CONDO PROS 480-657-9500 www.TheAllisonScottsdale.com

THE CONDO PROS 623-444-5151 www.VillasAtPalmValley.com

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ARCADIA POOLSIDE!

MIRADA PHOENIX

LOFT STYLE CONDO

Spacious 2 bdrm, 2 bth condo in the HEART of Arcadia surrounded by $1-2million homes. Garden level, no stairs, poolside, Light & Bright. Covered patio sides to greenspace. HOA includes electricity.

MLS # 2992340

Contemporary 30 units just off Camelback. 1, 2 and 3 BRs with hardwood, granite, stainless steel, patios, gated parking and pool, from the $140's. Canadians, ask about guaranteed par exchange rate! MLS # 4005872

Like new, builder furnished, spacious split 2 bdr/2ba w/ single car garage & private entry. Highly upg kit w/granite, ss refrig & appl, w/d, Balcony, window cov & more. Gated in gorgeous Desert Peak.

Approx. 1036 sq. ft. / 2 bedrooms / 2 baths

Approx. 1,105 sq. ft. / 2 bedrooms / 2 baths

Approx. 1120 sq. ft. / 2 bedrooms / 2 baths

OFFERED AT $199,900

OFFERED AT $199,900

OFFERED AT $178,500

KRIS ANDERSON 480-567-2103 www.yourpremierteam.net

THE CONDO PROS 602-535-5667 www.BuyMirada.com

MELANIE SANDERS 480-570-5203 www.yourarizonahomespecialist.com

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GRAYHAWK GOLF VILLA!

WATERFRONT COMMUNITY

SCOTTSDALE SHADOWS

Views, Lifestyle & Location! 2 bdrm,2 bth, 2 car gar, premium Southern exposure villa ON the Grayhawk Golf Course . Travertine, wood floors, cherry cabinetry, rich neutral tones. Furniture available!

Open floor plan. 3 Bedrooms & 3 Bathrooms. Custom floor tile, lovely granite countertops in kitchen, new stainless steel appliances. Seller says MOVE! Gated. Garage. 2 pools. Exercise facility.

SOLD! Estate sale. Live on a 9-hole golf course & enjoy heated swimming pools, tennis courts, exercise room, garage, and shuttle service in a guarded gate community near "Old Town Scottsdale."

Approx. 1356 sq. ft. / 2 bedrooms / 2 baths

Approx. 1750 sq. ft. / 3 bedrooms / 3 baths

Approx. 1200 sq. ft. / 2 bedrooms / 2 baths

OFFERED AT $499,900

OFFERED AT $352,000

KRIS ANDERSON 480-567-2103 www.yourpremierteam.net

BARBARA LONDON 602-363-6107 www.excaliburrealestate.com

OFFERED AT $174,500 JEANNE SHIELDS, ABR,CRS 602-370-1957

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MLS # 4041174

INDIAN TERRACE

SPECTACULAR VIEWS

ENCORE VIEW VILLA!

Walk to Old Town Scottsdale and Hayden greenbelt! 1 and 2 bedroom luxury condos. Unique slate and steel accents, pool area with fountain. Beautifully-upgraded designer interiors. Camelback Mtn views.

Immaculate spacious townhome with spectacular views of Pinnacle Peak, Troon, & city lights! Open floor plan w/ soaring ceilings, Greatrm w/ fireplace & wetbar. Guard-gated w/ community pool & spa!

Coveted Villa One in Grayhawk. Wonderful design cherry cabinets,granite, stainless appliances, plantation shutters, warm tile. Huge view patio-Mtn and City Light Views! No neighbors above or below.

MLS # 4053288

MLS # 4080210

Approx. 2527 sq. ft. / 3 bed. + den / 3.5 baths

Approx. 1810 sq. ft. / 3 bedrooms / 2.5 baths

MLS # 2399039

Approx. 713 sq. ft. / 1 bedroom / 1 bath OFFERED AT $159,900 THE CONDO PROS 480-254-6444 www.IndianTerrace.com

We’re a fair housing provider.

OFFERED AT $585,750 SUSAN MIERAU 480-213-2119

OFFERED AT $525,000 KRIS ANDERSON 480-567-2103 www.yourpremierteam.net

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EXCEPTIONAL CONDO

STARFIRE GOLF

MIRA VISTA

WOW! Must see golf retreat. Lightly lived in. This condo is loaded with extras. Stunning upgrades and finishes. Fabulous view of the 3rd green. Furniture pkg avail. The perfect 2nd home! MLS # 4060459

Situated on 3rd fairway. You will love the views! This Scottsdale Country Club Condo had granite counters, fireplace, split BDMS & great room. 27 holes of fabulous golf right outside your door!

MLS # 2987605

Gorgeous community amenities including exercise rm. Quiet unit upstairs with two-tone paint, quality carpet, open floorplan. 1 car garage. Great Scottsdale location, within a mile to 101 fwy. MLS # 4048431

Approx. 1463 sq. ft. / 2 bedrooms / 2 baths

Approx. 1463 sq. ft. / 2 bedrooms / 2 baths

Approx. 1152 sq. ft. / 2 bedrooms / 2 baths

OFFERED AT $499,000

OFFERED AT $410,000

OFFERED AT $200,000

KAMI BERRY 480-540-1876 www.BerrysSellAZ.com

JULIE BERRY 480-540-1878 www.BerrysSellAZ.com

GAYLE HENDERSON PC, CRS, ABR, GRI, CRS, CDPE

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602-850-4335 www.AZMovingPlan.com

THE ALLISON Luxury North Scottsdale 1 and 2 bedrooms from 822 to 1108 sq. ft. Granite, 42" cabinetry, stainless steel. Resort-style pool and spa, beautiful clubhouse. Live near the best golf, dining and shopping.

MLS # 2919805

Approx. 822 sq. ft. / 1 bedroom / 1 bath OFFERED AT $149,900 THE CONDO PROS 480-657-9500 www.TheAllisonScottsdale.com

DC RANCH

RESORT STYLE LIVING

Upgraded unit with 11-ft ceilings and garage! Upscale community with great amenities. Close distance to prime shops and dining. Call Tish for information on this or any other property in DC Ranch!

Beautiful bright and open unit in resort adult living at Westbrook Village. This is an end unit with lots of privacy and a large balcony that overlooks the pool and tennis courts. MLS # 4057867

MLS # 4005157

Approx. 1081 sq. ft. / 2 bedrooms / 2 baths

Approx. 1298 sq. ft. / 2 bedrooms / 2 baths

OFFERED AT $180,000

TISCHER GROUP 480-231-0782 www.tischerrealtor.com

SHARI PECK 480-329-7906 www.sharipeckteam.com

LAKESIDE VILLAGE

FURNISHED TOWNHOME

CHANDLER PARC

Live near the lake! Walk to restaurants and shops; easy freeway access. 1 and 2 bedrooms from the $120's to $170's. Granite, stainless steel, designer finishes, large patios, fitness, pool and spa. MLS # 2920743

METICULOUS! Single level 2 bedroom/2bath townhome located in the East Valley with easy access to GOLF, shopping, freeways & medical facilities. Winter visitors welcome! Must see. JUST PERFECT!!!

Chandler's best value! Only 3 one-bedrooms remain, from $112,000-$115,000. 2-bedrooms from $148,000 to $154,000. Spacious interiors, large balconies or patios, upscale kitchens, pool, spa and tennis.

Approx. 961 sq. ft. / 2 bedrooms / 2 baths

Approx. 1113 sq. ft. / 2 bedrooms / 2 baths

Approx. 723 sq. ft. / 1 bedroom / 1 bath

OFFERED AT $174,900

OFFERED AT $125,000

OFFERED AT $115,000

DEAN SELVEY 480-254-6444 www.LakesideVillageAZ.com

ROLAND SHARER 602-980-7253 www.RolandSharer.com

THE CONDO PROS 480-659-8620 www.ChandlerParc.com

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MLS # 2920315

We’re a fair housing provider.


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n Maricopa County, there are literally thousands of lots on the market offering some of the best deals the Valley’s real estate market has seen in decades. However, as any good bargain hunter knows, there is no time to wait when it comes to getting the most value for your money. In today’s land market, financing plays a major role in finding the right buyers. If a buyer isn’t prepared to pay cash and isn’t ready to get a construction loan, purchasing land can be difficult. Land loans are available, but lenders may require up to 40 percent down. Another option for the land buyer is to look to the seller for financing, which could potentially be an attractive win for both parties. Under a “seller carry,” the buyer can take advantage of great land values and the seller can reap an attractive annual return on his investment until the loan is satisfied in full and the deed is transferred to the buyer. For those buyers thinking about getting a construction loan, lenders have a number of programs available depending on the buyer’s financial portfolio.

As the housing market begins to turn around, land values will follow suit. Realtors specializing in land are reporting increased inquiries from potential buyers and more activity is being generated in land sales. Overall, the market for available land in the Valley is hot, and prospective

Just the Stats: land City

avg. sales price a

North Scottsdale

812,756

Paradise Valley

$1,209,464

Carefree/Cave Creek $621,844 Fountain Hills

$696,125

Sales reflect Jan. 1 to Dec. 20, 2008 Arizona Regional Multiple List.

buyers and investors are taking notice. The fact of the matter is that there is real value in buying land right now. How many times have you heard someone say they wished they had bought land when it was so cheap? For many, this opportunity has once again presented itself. Investors are beginning to scoop up less expensive lots and once those bargains are gone and the inventory reduces, prices on remaining lots will again be on the rise. Less than 17 percent of land in Arizona is privately owned. The rest is state land, national forest or reservation, or belongs to the Bureau of Land Management. With the availability of land decreasing, this is the perfect time to start thinking where your next land investment might be. The truth is that we may never see land values like this again. Once the land supply is depleted, it’s gone. If a land investment is in your future, real estate experts say there is no time like the present.

did you know? There are 11.2 million acres of National Forest in Arizona and one fourth of the state is forested. The largest forest is comprised of Ponderosa Pine. 0 9 | W i n t er | PRO P ERT I ES M AGA ZINE | 45


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360 DEGREE MTN VIEWS!

CRESTVIEW

FIRE ROCK

Loaded with saguaros and views to Rancho Manana golf course. 5 acre zoning in area to preserve privacy. MLS # 4078713

This majestic lot consists of nearly 7 acres of natural desert space. Perfect for a private custom estate with over 50,000 SF building envelope and endless views of mountain and city lights. MLS # 4056167

Great opportunity to build the estate of your dreams. Spectacular Red Mountain, Four Peaks, and Golf Course views. Ultra private backyard opportunity. Great price and value in Fire Rock. MLS # 3020119

OFFERED AT $499,000

OFFERED AT $975,000

OFFERED AT $649,000

BONNIE BURKE ABR, CLHMS, CRS, E-PRO, GRI

KAREN GROBMAN PC, GRI, CLHMS, E-PRO

STEVE SIVERSON 480-201-1481 www.SiversonHomes.com

480-688-0688 www.ArizonasHotProperties.com

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480-720-8001 www.bonnieburke.com

PALATIAL ESTATES 17 Parcels in Gated Palatial Estates. Water, Electricity,Cable, Sewer, Ready for you to build Or just HOLD. City Light and Mtn Views from each lot. 1/2 acre- 2.5 acre lots. Seller financing available

OFFERED AT $350,000

Best priced view lot in Scottsdale!!! Incredible value!! Build your dream estate with panoramic city light views on this spectacular custom home lot. Architectural plans for an 8400 sf estate avail. MLS # 3017337

MLS # 2959725

Approx. 70000 sq. ft.

OFFERED AT $650,000

OFFERED AT $1,100,000

STEVE SIVERSON 480-201-1481 www.SiversonHomes.com

RON CACINI 480-515-1793 www.roncacini.com

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KRIS ANDERSON 480-567-2103 www.yourpremierteam.net

SPECTACULAR VIEW LOT

SCOTTSDALE SABINO HTS Incredible 2 Acre Scottsdale lot situated among many multi-million dollar homes. Utilities close to this N/S exposure lot w/views of Camelback & McDowell Mtns. Very little land prep needed. Zoned R43

PRADO ESTATES

DESERT MOUNTAIN

FABULOUS VIEW LOT

Lot 9, Veronese, offers unobstructed views to Pinnacle Peak from the back and sparkling city lights from the front. Offering an amazing building envelope of 122,093 SF for your private estate. MLS # 2942881

Nestled in the Village of Gambel Quail of renowned golf community where breathtaking views are abundant. Just under an acre & great opportunity to own! Call Tish to view any property in Desert Mtn!

MLS # 2723906

Stake your claim to one of the last lots available in this Mesa hillside community. Enjoy private road access to this approx. 41,135 SF flat lot with views, surrounded by multi-million dollar homes. MLS # 3017451

OFFERED AT $1,995,000

Approx. 41587 sq. ft.

OFFERED AT $392,500

KAREN GROBMAN PC, GRI, CLHMS, E-PRO

TISCHER GROUP 480-231-0782 www.tischerrealtor.com

KAREN GROBMAN PC, GRI, CLHMS, E-PRO

480-688-0688 www.ArizonasHotProperties.com

4 6 | P R O P E R T I E S M A G A Z I N E | W i nte r | 09

480-688-0688 www.ArizonasHotProperties.com

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Properties Magazine Winter 2009