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Arizona Republic

❚ SUNDAY, APRIL 15, 2018 ❚ 1R

Real Estate New-condo sales soar 57 percent in Valley

Units, such a these at Borgata Condos in Paradise Valley, are a hot commodity right now. PATRICK BREEN/THE REPUBLIC

Older units also are being snapped up as overall market rises Catherine Reagor Columnist Arizona Republic USA TODAY NETWORK

Developers built thousands of metro Phoenix condominiums over the past few years, and buyers snapped them up. New-condo sales soared 57 percent last year, according to The Arizona Republic/ Street Scout Home Values report. Buyers opted not only for new condos but older ones in the Valley, with condo sales overall climbing 12 percent in 2017 from an already heady level in 2016. It could be more people wanting to live closer in and own lower-maintenance homes. It could be that condos were the most affordable option for some homebuyers. It’s likely both.

GILBERT | 1153 East Holbrook Street | Open Today 1-4PM

AS SEEN ON TV - ABC 15 Home Hunter Show Today. The MLS# - 5740622 premier Lennar Evolution plan coupled with a spectacular Layton Bedrooms - 5 Lakes locale makes for an impressive home you won’t want to miss! Past the lovely lakes, this corner property boasts impeccable curb Bathrooms - 3 Pool - No appeal and a gated courtyard entry. The comfy cozy main home and full private guest suite feature luxury upgrades, green features Sq. Ft. - 2,948 and smart technology. A gourmet culinary space, the island Parking - 3-car kitchen features GE Monogram stainless appliances. Custom Lot Size - 9,107 sq. ft. designer touches throughout. The entertainer’s yard is perfect ZIP Code - 85298 for hosting guests with a built-in BBQ, covered conversation patio, dining Ramada and space for adding extra outdoor details. Online Pics - Community amenities. - Joseph Callaway Price - $625,000

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see more inside 

Baby Boomers who have become empty-nesters and Millennials who want to buy instead of rent are driving the trend. Both groups are typically buying condos to be closer to restaurants, shops, bars and jobs. Some want to walk to those spots instead of drive. Last year, Lisa and Gregg Larson bought a new luxury condo in central Scottsdale’s Enclave at Borgata. They moved from north Scottsdale to be closer to places they like to hang out. “We can walk to shopping and restaurants, and we are only a $5 Uber ride from Old Town,” Gregg Larson said. See CONDOS, Page 3R

PARADISE VALLEY | 6204 North Hogahn Circle | Open Today 12-4PM

MLS# - 5749297 VIEW-RICH, ORGANIC MID-CENTURY. NEVER ON MARKET. Snuggled on a gently sloping lot in a prime part of Paradise Valley, Bedrooms - 3 this stunning organic mid-century home wows with a wealth of views Bathrooms - 3.5 as well as to-die-for architectural finishes. Generous gated drive, Pool - Yes welcoming path w/cascading waterfall, lighted portico entry. Family room w/dramatic angled beamed ceiling, Saltillo flooring, expansive Sq. Ft. - 5,196 seating area nestled beneath massive view-windows overlooking ZIP Code - 85253 Camelback Mountain. Pristine kitchen w/snow-white décor. Master Online Pics - suite w/spacious dressing closet, bedroom w/huge view-windows. Price - $2,500,000 Elegant pool, tennis court, ramada, large sun-decks, putting green. Designed/remodeled by John Eldo Brown. Visit tourfactory. com/1967412. Inside: details/directions.

Brought to you by Sandra Baldwin, Launch Real Estate

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Valley Home Values LUXURY HOMES Wine cellars, mountain views and fivecar garages are among the luxurious features in this week's most expensive home sales in metro Phoenix.

$4,850,000 William Cobb, CEO of H&R Block, Inc. and his wife, Carole, paid cash for this Spanish-style hacienda in Scottsdale's Silverleaf community. The 7,454square-foot mansion has five bedrooms and six bathrooms and features its own separate guest casita. The chef's kitchen features two islands with granite counter tops, and chandeliers throughout the kitchen and dining areas. The backyard opens up through telescoping doors, and features fireplaces, stone patios and negative-edge pool with water feature. Hope Herndon sold the house through her trust.

$4,558,000 Kevin Murai, CEO at Concentrix Corporation, and his wife, Brenda, purchased this mansion in Paradise Valley. The 7,682-square-foot house has five bedrooms and seven bathrooms and was designed by Jim Blochberger. It has mountain views to the south, east and west. The house features a wine cellar and French doors that open to a Chicago brick patio. The gourmet kitchen has a butlers pantry and inside/outside bar. The backyard features a built-in barbecue and a pool and spa with water features. Nicholas Chapman, managing director at Alliance Residential Company, sold the home.

$3,200,000 Jon Tobias, area manager of The Tobias Team, and his wife, Daisy, purchased this mansion in Paradise Valley's Tierra Madre community. The 6,287-squarefoot house has five bedrooms and 51⁄2 bathrooms. The house was remodeled in 2018 and features imported Italian tile, European white oak hardwood, new custom cabinetry, marble and granite counter tops, Sub-Zero/Wolf appliances, Fleetwood doors and new windows. The home also has a huge bonus room with separate entrance/driveway.

William Cobb, CEO of H&R Block, Inc. and his wife, Carole, paid cash for this 7,454-square-foot Spanish-style hacienda in Scottsdale's Silverleaf community. DAN RYAN

Outside The Box Ventures LLC, an Arizona limited liability company, sold the home.

$2,870,000 Michael Bond purchased this Santa Barbara-style mansion in Paradise Valley. The 8,097-square-foot custom house has five bedrooms and 51⁄2 bathrooms. The home is fitted throughout with marble and stonework, custom finishes, massive beams, stone and hand-scraped wood floors and custom cabinetry. The home has an open concept gourmet kitchen and large family room, granite counters, an exercise room, office, game/media room, wine storage, a detached guest house and five-car garage with workshop. The grounds feature covered ramadas and patios, built-in barbecue, fire pit and a salt water pool and spa. Gerald Ray, managing director of Wealthstreet Investment Advisors LLC, and his wife, Kathryn, sold the house through their trust.


Jon Tobias, area manager of The Tobias Team, and his wife, Daisy, purchased this 6,287-square-foot mansion in Paradise Valley's Tierra Madre. STREETSCOUT.COM

$2,466,787 Catherine Caris purchased this condominium in Paradise Valley's Villas at Mountain Shadows II. The Villas consist of 52 single-story condos ranging from 2,501 to 3,615 square feet. All feature

Researched by Lorraine Longhi and The Information Market.

85298 Paradise Valley 85253

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OPEN TODAY 1–4PM. Positively perfect for multi-generational living, this gorgeous “home within a home” floor plan features plenty of privacy for everyone lucky enough to live here. A gorgeous gathering space, the spacious main part of the home features a heart-of-thehome family room dressed with huge sliding doors that open to a covered dining patio. Not far away, the dining room also opens onto the patio, while the neighboring kitchen is host to a stunning split-stone backsplash, striking granite counters, rich raised-panel cabinetry, GE Monogram stainless appliances and a chefpleasing gas range. In addition to two secondary bedrooms, a guest bath is located in this wing, with the master suite boasting a secluded setting on the opposite side of the home.

Tucked in the front of the home’s beautifully designed layout, the guest quarters — or “home within a home” — is ideal for grandparents, adult children or perhaps the nanny. This lovely suite includes a bedroom, living area, bath and kitchenette. It also has access to/from its own one-bay garage as well as access to the front courtyard. Along with a dining Ramada, alfresco amenities include a built-in barbeque island, raised flower beds, pavered patios and easy-care, low-maintenance landscaping. Meanwhile, community amenities in Layton Lakes include sparkling lakes and lush grassy greenbelts. More info: desert-inspired neutral décor; dualpane, low-E windows. (5BD; 3BA; 2,948SF)

Snuggled on a gently sloping lot in a prime part of Paradise Valley, this stunning organic mid-century home wows with a wealth of views as well as to-die-for architectural motifs and finishes. Never on the market, this gem begins with a generous gated drive that leads past shady desert trees until reaching a pathway graced with a cascading rock waterfall. Prepare to be further impressed by the lighted portico entry that opens into gorgeous gathering spaces flattered by immaculate Saltillo flooring. Showing off with a dramatic angled beamed ceiling, the family room features an expansive seating area nestled beneath massive view-windows overlooking Camelback Mountain. Not far away, the pristine kitchen is awash in a snow-white



NEARBY SCHOOLS: Haley Elementary; Payne Middle School; Perry High. NEARBY HOSPITALS: Dignity Health ER; Mercy Gilbert Medical Center. NEARBY SHOPPING: San Tan Village; Gilbert Towne Center.

CROSS-STREETS: Lindsay Road and Queen Creek Road. DIRECTIONS: East to Layton Lakes Boulevard. South to Clovefield Street. East to Holbrook Court. North to Holbrook Street and home on corner. Look for Those Callaways Open House signs. Offered at $625,000.

décor that adds to the home’s light and airy ambience. When it’s time to relax, visit the master suite, host to a pampering private bath, a spacious dressing closet lined with a plethora of storage options, and a blissful bedroom with a beautiful slump-block wall plus walls of huge view-windows. Alfresco amenities include an elegant geometric-shaped pool, a tennis court with an adjacent ramada, large lounge/sun-decks, a putting green and more. Additional info: Designed by noted architect, John Eldo Brown, both originally and in a 1993 complete remodel; mountain views from almost every room; hillside cul-de-sac corner lot; 1.34 acres; no HOA; north/south exposure. Visit Offered at $2,500,000. (3BD; 3.5BA; 5,196SF)




three bedrooms and three bathrooms, two-car garages and a private elevator for upper units. TNHC Mountain Shadows LLC, a Delaware limited liability company, sold the home.

CONTACT Joseph and JoAnn Callaway, Those Callaways 480-596-5751

MLS# 5740622



NEARBY SCHOOLS: Hopi Elementary; Ingleside Middle School; Arcadia High. NEARBY HOSPITALS: HonorHealth Scottsdale Shea; Mayo Clinic. NEARBY SHOPPING: Kierland Commons; Desert Ridge Marketplace.

CROSS-STREETS: 44th Street and Camelback Road. DIRECTIONS: North on 44th Street. Left/North on McDonald. Veer right on 44th. Left on Keim. Right on Hogahn to Hogahn Circle.


CONTACT Sandra Baldwin, Launch Real Estate 602-397-4300

MLS# 5749297


Condos Continued from Page 1R

Sales soar Last year, 18,370 condos sold across metro Phoenix, according to data from the Information Market. That’s up from 16,397 in 2016. About 1,500 of last year’s sales were for new condos. New Valley condo sales likely set a record in 2017. It’s tougher to track that market historically because it has traditionally been such a small part of metro Phoenix’s housing market. In comparison, there were more than 90,000 single-family home sales in the Valley last year.

New versus old The big new Valley condo projects that opened last year drove up prices. David Newcombe, a condo expert and co-founder of Scottsdale-based Launch Real Estate, said buyers are typically paying 25 percent more for new condos in central locations than for older ones in the same area.

He said 300 of the new-condo sales in 2017 were in three projects: the Borgata, Portland on the Park in downtown Phoenix and Optima Kierland in Scottsdale. The overall median condo price in Paradise Valley’s 85253 ZIP code, the address for the Borgata condos, climbed 48 percent to almost $406,000 in 2017. The median price for a new condo was $1.33 million in that area last year. In downtown Phoenix’s 85003 ZIP code, where Portland on the Park condos started selling in late 2016, the median price for a condo jumped 62 percent to $410,000 in 2017. The median price for a new condo was $456,000. The median price in Scottsdale’s 85254 ZIP code, where the Optima Kierland tower is located, is still being tallied, but we know it’s much higher than the resale-condo price of $322,000 for the area. “Some of the most expensive new condos are drawing the most buyers,� said Tina Tamboer, senior housing analyst with the Cromford Report.

More to come Developers recently announced a few new condo projects, including a 25-

story tower at downtown Phoenix’s Collier Center. Prices are expected to climb for the next wave of Valley high-rise condo projects because of the rising cost of land and construction. Condo-market watchers are anxiously waiting to see how much buyers are willing to pay. Newcombe said condos in new multistory towers have been selling for about $400 a square foot. Condos in the next wave of residential high-rises could cost $550 a square foot. If buyers aren’t willing to pay more, the towers might not go up.

Pricier new condos Here’s a list of some of the priciest new condos: � The El Dorado on 1st in downtown Scottsdale’s art district, designed by award-winning architect Will Bruder, with condos priced above $1.5 million, southeastern corner of First Street and El Dorado Lane. � Scottsdale’s Main Street Place, developed by LVA Urban Design Studio, at Main and 75th streets, starting above $800,000. � Optima Kierland on the Scottsdale/

Phoenix border near Scottsdale and Greenway roads, from the $300,000s to $6.5 million. � Scottsdale’s Silverleaf neighborhood of DC Ranch, starting above $1 million. � Phoenix’s Portland on the Park condo mid-rise development at Central Avenue and Portland Street, ranging from $400,000 to more than $1.3 million.

More-affordable condos Here are some more affordable options: â?š en Hance Park at 1130 N. Second St., Phoenix, starting above $150,000. â?š The Cays at Downtown Ocotillo, 2511 W. Queen Creek Road, Chandler, mid-$200,000s. â?š artHaus at 1717 N. First Ave., Phoenix, $255,000 and higher. â?š Edison Midtown at 3131 N. Central Ave., Phoenix, $250,000. â?š Contour on Campbell, 1702 E. Highland Ave., Phoenix, starting at $320,000. â?š The Mason Townhomes, 1400 E. Bethany Home Road, Phoenix, starting at $406,000.

Social media spurs millennials to buy Fear of missing out a driving force, survey says Paul Davidson USA TODAY

They’re landing better jobs and higher salaries. They’re getting married and having kids. Now, more millennials are itching to buy a house: They see photos of homes on Instagram and Facebook that their friends bought, and think: “What about me�? This “FOMO� – fear of missing out – has become one of the forces spurring many millennials to finally buy a home, according to a Bank of America survey of 2,000 adults early this year. “I think it’s motivating them to think about home ownership,� says D. Steve Boland, head of consumer lending for Bank of America. “Their interest level is high, and it’s driven by what they see.� While social media has some influence on first-time home buyers generally, it has a particular hold on millennials, or those born between the early 1980s

and early 2000s. Millennials make up 65 percent of all first-time buyers, according to a survey by the National Association of Realtors. Asked how they feel when they see pictures of homes purchased by other people on social media: � A third of millennials (and 27 percent of all first-time buyers) think, “If they can buy, why can’t I�? � A quarter (and 21 percent of all firsttime buyers) fear they’re missing out. � Nearly a quarter (and 18 percent of first-time buyers) mutter to themselves, “It’s time to grow up and buy.� � And 23 percent (and 16 percent of first-time buyers) are jealous of the homes bought by their friends and acquaintances. Jordan Mangalindan, 21, of Las Vegas, recently bought a three-bedroom house for $286,000. Mangalindan, a senior in college, says she was partly moved by pictures of houses posted by other young adults on Twitter, as well as a desire to live on her own and make a profitable investment. “If they can do it, I can do it,� says Mangalindan, who plans to launch an e-

commerce business when she graduates. “I’m ambitious.� She says the photos did make her feel she was missing out, “but it was more inspirational� than jealousy. Ethan Kross, a professor of social psychology at the University of Michigan, says social media postings often can stir up strong emotions that affect behavior. “If other people are doing better than we are, that can get us to feel bad,� he says. “It reminds us of what things could be like.� He adds that many people tend to present unrealistically optimal images of themselves online. Millennials have been joining the home-buying bandwagon anyway. Thirty-six percent of adults under 35 owned a home at the end of 2017, up from 34.1 percent in early 2016, according to research firm Veritas Urbis and the Census Bureau. More than a third of all home purchases were made by millennials in the 12 months ending last July, making the group the most active generation of buyers, according to an NAR survey.

Social media “FOMO� – fear of missing out – is spurring many millennials to finally buy a home. USA TODAY


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CORNER OF LITCHFIELD ROAD AND VILLAGE PARKWAY | 623-385-0129 Square footage and dimensions are estimated and may vary in actual construction. Floor plans and elevations are artist’s conception and are not intended to show specific detailing. Floor plans are the property of Cachet Homes and its affiliates. For further information, please see Sales Associate All sales are subject to buyers receipt and review of a Arizona Subdivision Public Report. *See Sales Associate for incentive information. Prices, features, floorplans, elevations and incentives subject to change without notice.


How do you exercise an option to purchase a home? Christopher Combs Guest columnist

Question: I am renting a three-bedroom home in Northwest Phoenix. The lease has a one-paragraph option to purchase. The lease will expire shortly, and I have notified the owner of the home that I intend to exercise the option to purchase. What do I need to do to exercise our option to purchase? Answer: A lease with an option to purchase should state the specific terms of purchase, e.g., an executed purchase contract, or at least a rough draft of a purchase contract, should be an exhibit to the lease. Therefore, when the option to pur-

chase is exercised, there should not be any extensive negotiations between the tenant and the owner. In your situation, if you do not have definite purchase terms in the one-paragraph option to purchase, you and the owner will have to negotiate those terms now. If you and the owner cannot agree on those terms now, you will need to consult with a real estate attorney to determine your rights under the one-paragraph option to purchase. Note: A lease and a purchase contract (with an extended date) can be executed at the same time. In that event, there should be cross-default provisions in both the lease and the purchase contract so that a default under the lease is a default under the purchase contract, and vice versa. GETTY IMAGES/ISTOCKPHOTO




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Phoenix-West Apartments

Out of Area Rentals


Ridgeway Village 623-385-0137

Mesa Apartments

1 DELUXE FURN’D PATIO HOME 3br/2ba/2cg Cactus& Hayden/Scotts Country Club Lake & Golf Course Frontage, Gates, Pool, Tennis Court. Avail 5/1. 303-810-1651 / 480-948-5992



1st Month 1/2 Price! Vista Del Prado (602) 242-0237

WEEK TO WEEK Great Move-In Specials! FURNISHED APARTMENTS 1Bd $1000, 2Bd $1100, 3Bd 3 Locations - 602-385-1204 $1395. Townhomes Avail. Pillar Bella Vista - 623-385-0096

3541 LOVE WHERE YOU LIVE! UTILITIES Included! Rents Start at $655


6610 N. 93rd Ave. Glendale, AZ 85305 623-385-0119

2b $700* 1b $600*. Nice, Gated, balcony 602-246-4330

S Phoenix 2 BR 1.5BA $1000/month util. included. Furnished A/C, W/D 602-686-5231

Scottsdale Residential Rentals

Scottsdale Condo/ Townhome Rentals

1 & 2Brs starting at $719* 2 & 3 Bds TH’s from $799 SOME UTILITIES INCLUDED! W/D Hook-ups! Sec 8 OK. 1 BR’s from $690, Oregon Oasis, 59th Ave & 2 BR’s from $850 Camelback. 623-385-0141 Dartmoor Apts 480-516-0431

$750 1 BD FOR $699! 2 BDS from $799. W/D hkup. Some utilities incl. Monte Vista 623-385-0134


$0 Deposit! oac 2 BED $650!!

Mesa Apartments

Phoenix-South Apartments

Phoenix-Central Apartments

Goodyear Apartments DAILY SPECIALS! 1, 2 & 3 Bds from $775. Casitas w/ attached garages avail. Desert Sage 623-385-0132

Glendale Apartments




Your Own Private Resort! Gorgeous 1, 2 & 3 Bd Condos from $950. Amenities Galore. Solana 480-385-3089.


Income Property For Sale



Tempe Apartments

RENT TODAY! Gourmet kitchens, custom features at $895. Courtney Vista at Zanjero 623-385-0005


CASH COW! Mobile Home Park/ RV Park/ Laudromat. Springerville, AZ . Net $13K / mo. Cap rate 17.2%, Terms $890,000. 928-245-0414


Scottsdale Apartments

Phoenix-North Apartments

Across From Intel 1Br’s - $845, 2Br’s - $1,020 Cornerstone Ranch 480-467-2940


Commercial Property For Sale



Phoenix Apartments

MOBILE HOME: 3489 Rainbow Lake Dr. Lakeside AZ 85929, Unit 56. 2 BR 1.5 BA, Move-In Ready! Summer residence only; age qualified. $30,000. Call Drew at 602-739-5449.

Get started by visiting



Glendale Apartments

Chandler Apartments


Scottsdale- 85254 Area Code Orig. Owner, Single Story, 3014 sqft 4BR 3.5BA 3 Car Garage, Pool, No HOA. Near 101, 51, Near Mayo Hospital, American Express, Copper Canyon Elementry. $625,000 Bank Approved Appt. Only 602-971-2570





FSBO, no agents please. 3 BR, 2 BA. 1413 sq ft. Alma school in Elliot. New carpet, tile throughout, block fence. $255,000. 480-487-3299

Mountain Property

3868 MOVE-IN TODAY! No Long-Term Lease Required Fully Furnished 480-385-0230 Siegel Suites Phoenix


Phoenix-North Central Residential Rentals

Guest House Approx. 400 sq. ft., kitchen, full bath, tile, parking, utilities incl. (602) 368-9499 FREE UTITILITIES. ON LIGHT


Phoenix-West Apartments

1Brs from $719 2Brs from $789 $

249 MOVE-IN* oac



CORONADO SHORES, CA. JUNE. 2BR 2BA Corner unit, Oceanfront bldg. Deposit Required, no pets. $5800 Call: 602-510-9755


Seasonal Rentals


Tempe Apartments

Tempe Apartments

$399 Move-In Special! oac.

Free Water, Sewer, Trash. Full-Size W/D in Every Apt.

Sonoma Sol (623) 209-7423

Resort and Vacation Rentals

San Diego Mission Beach Oceanfront Rental. Up to 3 BR, 2 BA + options! Starting at $750/wk. 858-486-5082

Phoenix-West Apartments


Real Estate


STOP #25

6231 W. McDowell Road, Phoenix Se Habla EspaĂąol. *Prices subject to change

Arbour Park 1901 E. Apache Blvd., Tempe, AZ

480-682-1990 Free Utilities!


Ready to Go Smoke-Free? It has been three years since the AMA partnered with Maricopa County to launch its statewide smoke-free program for the apartment industry. The AMA offers: • Education to apartment owners, developers and managers regarding the dangers and health risks of smoking and the cost savings of going smoke-free • Assistance to help properties become smoke-free

Not Sure Where to Start? Checkout our website for more information: Attention residents, be sure to checkout Arizona Smoke-Free Living’s Housing Directory to find your next Smoke-Free community: AR-0008774319-01

Question: Am I allowed to

Editor’s note:

replace my regular mattress with a waterbed regardless of my landlord’s concerns?

Readers who have non-emergency,

Answer: Unless your lease or local ordinance prohibits such use, your manager cannot stop you from doing so. However, most leases do place restrictions on the use of such beds. Question: Can my landlord

general landlord-tenant, fair housing or multi-housing real estate questions can mail them to: The Arizona Republic c/o Rental Team, 200 E. Van Buren Street, Second Floor, Phoenix, AZ 85004. While all cannot be answered in this weekly column, we will attempt to publish those questions that would be of interest to most readers. For specific or urgent advice, consult your own legal advisors

legally limit the number of vehicles allowed per apartment unit? before making a decision. Legal Q&A Answer: Yes. The Arizona participating attorneys: Residential Landlord and Tenant Scott Clark Matt Koglmeier Act does not limit or address the (602) 957-7877 (480) 962-5353 ability of the landlord to restrict Andy Hull Mark Zinman the number of vehicles allowed per (602) 230-0088 (480) 994-4732 apartment unit.


LIVE BOUNTIFULLY Discover a natural abundance of everything and everyone you love at Belmont in Gilbert. EUROPEAN-INSPIRED RESIDENCES | UP TO 5,295 SQ. FT. | SALES COMMENCE APRIL 2018 REGISTER AT LIVEBELMONTAZ.COM | (480) 757-4678

All information subject to change. Construction by TNHC Realty and Construction Inc. BRE #01870227. Rendering and view are an artist’s conception only. Models or persons in photos do not reflect ethnic preferences and housing is open to all without regard to race, color, religion, sex, age, handicap or national origin. April 2018.

YOUR MOUNTAIN OF YOUTH Residences - From the Low $2 Millions to Mid $3 Millions | Villas - From the Low $1 Millions to Low $2 Millions | (480) 272-7516


Discover The New Home Company’s luxury Residences & Villas in Paradise Valley at Mountain Shadows Resort, with year round comfort, healthy outdoor living and panoramic views of Camelback Mountain. Move-In Today.


All information subject to change. Construction by TNHC Mountain Shadows LLC, ROC #B303855. Sales by broker: TNHC Realty and Construction Inc. ADRE Development: The Villas at Mountain Shadows (Mountain Shadows Resort Villas), The Villas at Mountain Shadows II (Mountain Shadows Resort Villas), The Residences at Mountain Shadows (Mountain Shadows Resort Residences) at Mountain Shadows II (Mountain Shadows Resort Residences). Models or persons in photos do not reflect ethnic preferences and housing is open to all without regard to race, color, religion, sex, age, handicap or national origin. April 2018.






We saved the best for last! Here’s your last chance to own a new luxury Toll Brothers home in the most desirable neighborhoods in North Scottsdale. By Appointment Only! Please call (844) 836-5263



The Overlook at FireRock

Toll Brothers at Avian Meadows

One Year Social Membership! Single-level paired villas, some with walk-out basements, provide the ideal low maintenance lifestyle on the golf course. Homes from 1,600 to 3,600 sq.ft. From the $600,000s (480) 663-3662

Final Opportunity Decorated Model Home Available! Single-family homes with up to 4,545 sq. ft. of living space. From the $500,000s (480) 825-7946

Calliandra Estates

Talon Ranch

Toll Brothers at Adero Canyon

Final Opportunity! One Quick Delivery Home Available! 3 bedrooms, 3.5 baths, 3,623 sq. ft Priced at $1,471,402 (pool & landscaping included)

Award-Winning Neighborhood! Gated community with new contemporary home designs ranging from 2,900 to 4,700 sq. ft. From the $900,000s (480) 284-8009

Half-Acre Home Sites! Gated neighborhood with basement and casita options, ranging up to 5,000 sq. ft. on estate-sized home sites. From the low $500,000s (480) 245-7198

Dorada Estates

Treviso Final Opportunity! One Quick Delivery Home Available! 3 bedrooms, 3 baths, 3,012 sq. ft. Priced at $888,995 VERDE RIVER

Toll Brothers at Verde River Tour Our New Model! Luxury homes on the Verde River golf course. Single-level home designs up to 4,200 sq. ft. with amazing views of the McDowells Mountains and Four Peaks. From the upper $600,000s (480) 284-7444


Toll Brothers at Los Saguaros Golf Course Living! Luxury gated community of single-family homes located within the Dove Mountain resort community with exceptional city lights, golf & mountain views. From the mid-$400,000s (520) 572-9005 PEORIA

Toll Brothers at Blackstone at Vistancia

Newly Gated Community! Newly gated, single-family homes with 4-car garage on approx. 20,000 sq. ft. home sites! From the upper $500,000s (480) 314-6777

Toll Brothers at Whitewing Tour Our New Model Home! Staff gated estates with 20,000 sq. ft. home sites. Home designs up to 6,900 sq. ft. From the upper $700,000s (480) 306-8655

Two Collections and New Home Sites Available! Homes up to 4,200 sq. ft. with golf course and mountain views! From the low $500,000s (623) 398-6241 Download the Toll Brothers App today Tuesday–Sunday 10 am–5:30 pm, and Monday 12 noon–5:30 pm. Brokers welcome. Homes available nationwide. Prices subject to change without notice. Photos are images only and should not be relied upon to confirm applicable features. *Offer, if any, is valid for new buyers who purchase a home in a participating community in Arizona and deposit between 4/07/18 and 4/29/18, sign an agreement of sale, and close on the home. Offers, incentives, and seller contributions, if any, vary by community and are subject to certain terms, conditions, and restrictions. Not all communities, not all home sites, and not all options and upgrades are included in the National Sales Event so see the Sales team in your desired community for availability and specific details. Toll Brothers reserves the right to change or withdraw any offer at any time. Not valid with any other offer. See sales representative for details. Listing Broker Toll Brothers Real Estate, Inc. This is not an offering where prohibited by law.

AZ Real Estate 04-15-2018  

AZ Real Estate 04-15-2018

AZ Real Estate 04-15-2018  

AZ Real Estate 04-15-2018