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CATHERINE REAGOR REAL ESTATE
CHANDLER
Luxury home sales defying slow trend
L This 2,838-square-foot Chandler house, priced at $299,000, has five bedrooms and three bathrooms. KELLER WILLIAMS ARIZONA REALTY
WHAT YOU GET FOR THE MONEY
$300K buys 1,700 to 4,000 square feet, depending on location Sue Doerfler The Republic
i
azcentral.com
For around $300,000, you can find a home with three to five bedrooms, tile flooring, granite countertops and other popular features. How large the home is and the extent of those upgraded features tends to depend on the location. “Some places you can get a lot more house for the money,” said real-estate agent Russell Shaw of Realty
One Group. Two such areas: the southwest and northwest Valley. There, “$300,000 will get you at least 3,000 square feet,” said Lucia Hernandez, real-estate agent with Keller Williams Realty who specializes in the West Valley. For $225,000 in the northwest Valley, buyers can get a 2,000-square-foot home with a pool, said agent Erin DeLung of ReMax Professionals, while in higher-end cities, such as Scottsdale, a 2,000-square-foot home is $300,000. See $300K, Page R3
GILBERT
GOODYEAR
PHOENIX
This 2,371-square-foot Gilbert home, priced at $324,900, has four bedrooms and two bathrooms. REALTY ONE GROUP
This 3,008-square-foot Goodyear home, priced at $299,000, has four bedrooms and three bathrooms. KELLER
This 1,772-square-foot Phoenix home, priced at $299,900, has three bedrooms and two bathrooms. REALTY
WILLIAMS PROFESSIONAL PARTNERS
ONE GROUP
uxury home sales were on the rise in June, bucking the overall slowing trend in metro Phoenix. Two reasons behind the boost: Jumbo mortgages are available again, with better rates, and buyers get a lot more for their $1 million in the Valley as compared with other resort destinations. Scottsdale-based Walt Danley Realty proposed comparing what buyers get for $5 million here with what they can get in other big cities and second-home hot spots. You can see a photo gallery at realestate.azcentral.com. One million dollars doesn’t go as far as it used to when it comes to buying a high-end house, particularly in San Francisco, where the median home sale price just climbed into the seven digits. But at Arizona’s most exclusive address, Paradise Valley, a $5 million home certainly isn’t a fixer upper. Currently listed for $5.5 million, one house features an almost 11,000-square-foot estate with four bedroom/bathroom suites, not just the usual master suite. The guesthouse is more than 900 square feet, bigger than most Valley apartments. The house, near Mockingbird Drive and Scottsdale Road, has a library that’s completely paneled with a fine wood, a master bathroom that looks like one at a top spa, and a resort-quality pool area. And there definitely are more houses on the market for $5 million and above in Paradise Valley and Scottsdale than a decade ago. In San Francisco, a $5 million home isn’t one of the area’s big mansions in Pacific Heights. On the market now for that price is a three-story, modern house with about 4,000 square feet of space in the city’s Noe Valley area. See REAGOR, Page R3
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LUXURY RETIREMENT COMMUNITY OF SUN CITY
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AR-0008258478-01
SCOTTSDALE | 5321 East Grandview Road | Open Today 1–4PM
EXPENSIVE FINISHES. Inspiring Alder doors reveal the MLS# beautifully remodeled plan. Redone granite island kitchen has Bedrooms elevated Hickory cabinetry and stainless appliances. Travertine, Bath French doors, thick crown molding, three fireplaces, hardwood Pool floors, surround sound and floating staircase. View terrace off the lavish master. Redone baths. Custom Murphy bed. Enormous Sq. Ft. bonus room with old-world charm - arched stone wall, bar and Parking raised theater style seating. A private oasis shaded by trees the Lot Size yard has a fireplace, BBQ kitchen, two Ramada’s, Pebble Sheen ZIP Code pool, spa, waterfall, pavered walkways and L-shaped dining patio. Half-ACRE lot. RV gate. Third bay of garage insulated with AC. Online Pics Original Owner. – Joseph Callaway Price
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- 5152030 -4 -3 - Yes - 4,110 - 3 Car Garage - HALF-ACRE - 85254 - ThoseCallaways.com - $650,000
see more inside AR-0008238807-01
PARADISE VALLEY | 6303 North 33rd Street | Open Today 1–5PM
ELEGANT SPANISH COLONIAL IN PRESERVE AT MLS# LINCOLN. Sensational sunset views of the Phoenix Mountains, Bedrooms downtown’s glittering city skyline. Living room w/vaulted beamed Bath ceiling, wide-planked floors, wrought-iron chandeliers, stunning Pool stone-collage fireplace column. Dining room w/custom walnut floor w/Italian limestone inlay, disappearing doors to alfresco patios. Sq. Ft. First-class kitchen w/leather-finished granite island, separate set of ZIP Code retracting patio doors. Family room/game room w/snazzy sunken Online Pics bar. Super-spacious basement (not counted in square-footage) w/ Price playroom, media room, exercise room. Courtyard-style backyard w/fireplace, barbecue island, infinity-edge pool. Visit tourfactory. com/1211356. See inside for full details, directions.
- 5153266 -5 -7 - Yes - 10,452 - 85253 - BaldwinTeam.com - $2,965,000
Brought to you by Sandra Baldwin, Russ Lyon Sotheby’s International Realty see more inside AR-0008238940-01