February 2010
Welcome to your very own Scottsdale Waterfront Lifestyle. Watch for us in your mailbox each and every month as we give detailed information to you on real estate activity within the Scottsdale Waterfront Residences. As part of the original real estate team that sold all of the developer-owned units, we invite you to call on us for any future buying or selling needs you may have. As specialists in the Scottsdale Waterfront project, we lend unparalleled knowledge and expertise to every transaction. INTERESTED IN SELLING? Not only will you receive service levels beyond your expectations, you’ll find that our intimate knowledge of the Waterfront will better guide you on pricing and marketing decisions. We know this community inside and out and know how to properly position YOUR residence to sell. LOOKING FOR A BUYER? As the original sales team from the inception of Scottsdale Waterfront, we are privy to numerous interested parties in our project. That allows us to network and proactively contact potential buyers for your unit – a priceless resource in today’s market. Our team has sold over 60% of the resale units in the towers. We hope that if you are considering buying or selling in the Scottsdale Waterfront Residences, you’ll call us first. We will be delighted to speak with you!
BABBI GABEL
ANGELA MOORE
bgabel@geoffreyedmunds.com
amoore@geoffreyedmunds.com
602.741.7750
602.708.4050
6263 N. Scottsdale Rd. #125 • Scottsdale, AZ 85250
ScottsdaleWaterfront.com If your home is currently listed, this is not a solicitation for that listing.
FEATURED COVER PROPERTY
7175 E. Camelback Rd. #504 1,439 Sq. Ft. | 2 Bed | 2 Bath • $645,000 Live in the lap of luxury in this two bedroom/ two bath flat ready for move-in! Open splitmaster floor plan with large balcony perfect for outdoor dining and entertaining. This is a quiet and private location within the building that has Camelback Mountain views. Perfect opportunity for snowbirds and 2nd homeowners to live at the most desirable building in Scottsdale for under $1M. OWNER HAS PRICED TO SELL! Lavish interiors and upgrades make this unit show well. Tons of Waterfront amenities an elevator ride away. 24-hour doorman, two parking spaces, enclosed storage unit, valet parking, fitness center, steam sauna, Club Room and private dining room for entertaining.
A SAMPLING OF REAL ESTATE ACTIVITY IN Address Sq. Ft. / Bed / Bath List Price CURRENTLY FOR SALE 7175 E. Camelback Rd. #105 1019 / 1 / 1 $449,000 7175 E. Camelback Rd. #403 1147 / 2 / 2 $459,000 7181 E. Camelback Rd. #603 1084 / 2 / 2 $469,900 7181 E. Camelback Rd. #403 1185 / 1 / 2 $489,000 7175 E. Camelback Rd. #302 1457 / 2 / 2 $599,000 7175 E. Camelback Rd. #502 1457 / 2 / 2 $649,000 7175 E. Camelback Rd. #202 1494 / 2 / 2 $649,000 7175 E. Camelback Rd. #504 1439 / 2 / 2 $645,000 7181 E. Camelback Rd. #109 1439 / 1 / 2 $677,000 7175 E. Camelback Rd. #604 1439 / 2 / 2 $744,900 7175 E. Camelback Rd. #307 1432 / 2 / 2 $799,000 7175 E. Camelback Rd. #205 1554 / 2 / 2 $799,000 7181 E. Camelback Rd. #907 2265 / 2 / 2.5 $885,000 7175 E. Camelback Rd. #903 1611 / 2 / 2.5 $950,000 7175 E. Camelback Rd. #208 1788 / 2 / 2 $970,000 7181 E. Camelback Rd. #204 1927 / 2 / 2 $999,000 7181 E. Camelback Rd. #301 2296 / 3 / 3.5 $1,095,000 7175 E. Camelback Rd. #406 2117 / 2 / 2.5 $1,175,000 7175 E. Camelback Rd. #306 2117 / 2 / 2.5 $1,175,000 7175 E. Camelback Rd. #901 2500 / 3 / 3.5 $1,199,000 7181 E. Camelback Rd. #510 2265 / 2 / 2.5 $1,200,000 7175 E. Camelback Rd. #1103 1659 / 2 / 2.5 $1,290,000 7175 E. Camelback Rd. #701 2503 / 3 /3.5 $1,295,000 7181 E. Camelback Rd. #509 2227 / 2 / 2.5 $1,350,000 7181 E. Camelback Rd. #1005 2469 / 2 / 2.5 $1,450,000 7181 E. Camelback Rd. #807 2265 / 2 / 2.5 $1,495,000 7181 E. Camelback Rd. #409 2227 / 2 / 2.5 $1,495,000 7175 E. Camelback Rd. #805 2469 / 2 / 2.5 $1,525,000 7181 E. Camelback Rd. #1102 2041 / 2 / 2.5 $1,595,000 7175 E. Camelback Rd. #706 2227 / 2 / 2.5 $1,695,000 7175 E. Camelback Rd. #1001 2296 / 3 / 3.5 $1,750,000 7175 E. Camelback Rd. #1105 2469 / 2 / 2.5 $1,795,000 7175 E. Camelback Rd. #704 2474 / 2 / 2.5 $1,980,000 7175 E. Camelback Rd. #1104 2975 / 3 / 3.5 $2,195,000 7181 E. Camelback Rd. #509 & #510 5021 / 5 / 6 $2,750,000 7181 E. Camelback Rd. #PH2 3363 / 3 / 3.5 $2,899,000 7181 E. Camelback Rd. #PH4 3860 / 3 / 3.5 $3,195,000 7175 E. Camelback Rd. #PH5 4348 / 3 / 3.5 $3,750,000 7175 E. Camelback Rd. #PH7 3940 / 3 / 3.5 $4,165,000 SALE PENDING 7175 E. Camelback Rd. #402 1588 / 2 / 2 $599,000 SOLD Sold Price 7175 E. Camelback Rd. #510 2265 / 2 / 2.5 $800,000 7181 E. Camelback Rd. #703 3139 / 2 / 3.5 $1,425,000 7181 E. Camelback Rd. #PH3 3472 / 3 / 3 $1,750,000 *Properties in bold/blue are represented by Babbi Gabel and Angela Moore. All information is deemed reliable but not guaranteed.
Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net
What’s Cooking in Kitchen Trends? Think Contemporary!
Real Estate Negotiations Keeping Emotions at Bay
An Irresistible Appetizer Modern Steak’s Seared Scallops
Scottsdale Waterfront Residences
Hot Real Estate Listings
contemporary cabinetry and furniture in Phoenix have gained momentum,” says Rosenthal. “The new condos and lofts that are being built [in the area] really cater to a more contemporary look. The architecture of the buildings is much more modern looking. And the trend has taken hold in more traditional communities as well.” But is it possible to put a redesigned contemporary kitchen in a Tuscan style home? Yes, says Rosenthal, by mixing a combination of materials so the styles blend. The result is a fresh, eclectic look.
Featuring Modern Steak 7014 E. Camelback Rd. Scottsdale • 480.423.7000 or foxrc.com
Day Boat Scallops with Clementine Vinaigrette & Roasted Salsify 2-3 lbs. Day Boat Scallops 1/4 lb. Watercress Leaves for Garnish Clementine Vinaigrette (see recipe below) Roasted Salsify (see recipe below) CLEMENTINE VINAIGRETTE: 1 1/2 cups Clementine Juice 1/3 cup Champagne Vinegar 3 Tbs. Honey 1/2 cup Oil Blend Salt to taste 1. Combine Clementine juice, Champagne vinegar, honey and salt in a sauce pan. Bring to a simmer. 2. Reduce to a syrup consistency. Cool in an ice bath. 3. Add the syrup to a blender and slowly add the oil to emulsify. ROASTED SALSIFY: 2 lbs. Salsify 1. Peel salsify with a vegetable peeler and cut into 2-inch segments. 2. Lightly toss salsify in extra virgin olive oil and kosher salt. 3. Roast in a 375 degree oven until caramelized and tender. 4. Let cool at room temperature. TO ASSEMBLE THE DISH: 1. Sear the scallops in a small amount of olive oil until caramelized and cooked to desired degree of doneness. 2. Heat the salsify in a small amount of olive oil. 3. Place scallops on the plates, drizzle the Clementine vinaigrette over the scallops. 4. Place a few watercress leaves atop the scallops. Serves 4-6
Wondering what’s new for contemporary kitchen design in 2010 and beyond? Does stainless steel still reign supreme for appliances (the answer is yes!), what woods are all the rage (think dark and exotic), and what are the hottest trends in our not-so-hot economy (two words: cabinet refacing)? Who better to speak with than Allan Rosenthal of European Design in Scottsdale. Rosenthal is well-known in our area for amazing contemporary interiors … see the cover photo for proof. A MOVEMENT TOWARDS CONTEMPORARY A change in overall style is definitely afoot, says Rosenthal, who sees a shift away from the once-popular Tuscan style toward a more contemporary look. “The last couple of years,
TODAY’S HOT TRENDS More specifically, Rosenthal sees a trend toward darker materials and exotic woods for kitchen cabinetry. Some examples include block-mottled Makore, flat-cut Wenge, Bubinga, Swiss Pearwood, figured Anigre, block-mottled Anigre, and Claro Walnut. More linear woods include rift-sawn white Oak, which is available in a man-made “green” material; rift-sawn Wenge; Macasar Ebony, also available in a man-made “green” material; quartered Ash; ribbon Sapele; and Kosipo. That said, environmentally safe green designs are also getting people’s attention. As for appliances, stainless steel is still popular, with beautiful stainless faucets and fixtures getting fancier than ever. Integrated appliances—when the refrigerator and dishwasher disappear into the cabinetry and the fronts are all flush—are also in demand. “We’ve done kitchens where it’s hard to tell a refrigerator is a refrigerator,” adds Rosenthal. For countertops, granite is still a mainstay, but the more eco-friendly and cost-effective concrete is gaining in popularity, especially in today’s economy. “People are looking for alternatives and looking for things that are environmentally friendly,” says Rosenthal. “Concrete is definitely an option for that. You’d be amazed at what can be done with concrete. You can do an integrated sink and an integrated dish-drying area and it’s a seamless look. Even though it’s an older material, concrete has a futuristic look. The designers mix glass and color into the concrete. What they do with it is mind boggling.” Rosenthal will also incorporate lighting into his cabinetry, with under-cabinet lighting being very popular. “We’ve also done a lot of light bridges that run across the upper cabinetry and around the whole room,” he says. “That really adds a lot of character and shows off the wood. It gives a three-dimensional look to the exotic woods.” AMAZING TRANSFORMATIONS One final trend Rosenthal is seeing? A lot of people are remodeling in preparation of listing their property to sell. “We’re getting a lot of calls for kitchens,” he says. “We can take an existing kitchen and reface it. We’ve transformed kitchens that just looked unbelievably bad and used the existing boxes and put new fronts and sides on them and the transformation is amazing.”
Keep Emotions Suppressed & Negotiations on Track! Selling your home can be a nerve-wracking experience. After all, your home is more than stucco and stones to you. It’s the place you’ve spent holidays and perhaps raised children. It’s the place you’ve decorated and loved for many years. Now it’s time to sell your nest and the potential buyers are trying to nickel and dime their way to a rock-bottom price. In your eyes, the listing price is fair if not undervalued. It’s hard not to get emotional. On the flip side, if you’re the home buyer and you’ve finally found the house of your dreams, it’s hard not to let your emotions ruin the negotiations as well. After all, you don’t want to let this one get away. You also don’t want to overpay. On either side of the negotiating table, it’s important not to tie your emotions to this business transaction. Both home sellers and home buyers need to be careful not to let their feelings interfere with the negotiating process. Emotions can often cause small, easily settled disputes to escalate into deal-breakers. Feelings of anger, fear, agitation, distrust, disappointment or disrespect may arise in a real estate transaction from either party. When people feel that their interests are threatened, or that their wishes are not being heard, it’s human nature to want to lash out in response. However, it’s almost always best to keep emotions at bay. One of the first steps to managing your emotions is to acknowledge them. Discuss these feelings with your Realtor.
Trying to suppress your strong emotions completely may only lead to resentment. By letting your Realtor understand your feelings, he or she is better prepared to negotiate with the other party in a calm manner while working on your behalf. If a party sees that the opposing side is overcome with emotions, it’s sometimes best to acknowledge this and let the other side express their feelings. A good negotiator is able to recognize anger issues before they erupt and to make small concessions in order to build trust and defuse the anger. Let the other party know that you empathize with their concerns whether you agree with them or not. The point is to provide reassurance and keep the negotiations on track. While negative emotions can impact negotiations, so can positive emotions. Feelings of pride, joy, satisfaction and appreciation increase the likelihood that both parties will reach their goal of a win-win outcome. Let the positive emotions you feel take center stage in your negotiating. It breeds respect and the desire to work things out with the other party. While deep in the negotiation process, it’s often easy to lose sight of your goal – to buy or sell the property at a fair price. Don’t get emotionally caught up in little things. As the saying goes, “pick your battles.” Don’t allow negative feelings to overcome logic. Is it really better that you made your point by refusing to fix a frivolous line-item on the inspection report if it means
FEBRUARY 2010 The Sleeping Beauty Symphony Hall, Feb. 11th – 14th 602.381.5155 or balletaz.org This romantic fairytale is brought to life as the beauty and grace of Ballet Arizona’s dancers bring enchantment to this wonderful story. The Sleeping Beauty has been dazzling audiences for more than 100 years, both with its timeless choreography and unforgettable score by Tchaikovsky. Scottsdale Arabian Horse Show WestWorld, Feb. 11th – 21st 480.515.1500 or scottsdaleshow.com Since 1955 this local show has grown from just 50 to nearly 2400 horses. Owners, trainers, breeders and equine-loving spectators come from all over the world to watch and participate in this top-notch event. In addition to the competition, educational demonstrations and a shopping bazaar make this an annual must-do for many! Mary Poppins ASU Gammage Auditorium, Feb. 11th – 28th 480.965.5062 or asugammage.com Relive this Disney classic story live. The tale begins as the magical nanny Mary Poppins floats down from the sky to bring joy and fun back into the Banks’ lives. Including many familiar songs we all know and love such as A Spoonful of Sugar and the impossible word Supercalifragilisticexpialidocious, this wonderful musical will leave you happily humming and tapping your toes. Phoenix Home and Garden’s Arizona Style Showplace Scottsdale Quarter, Feb. 12th – 14th 480.664.3960 or phgmag.com/azstyle Celebrating their 30th anniversary, Phoenix Home and Garden magazine brings Arizona Style to you with this exciting three-day event. Guests will explore 70,000 square feet of inspiring design, home and garden exhibitions and showcases. Gather innovative ideas and listen to seminars throughout the day as experts highlight trends and trade secrets for creating inviting spaces in and around your home. Enchanted Kingdom Luncheon and Fashion Show Arizona Biltmore, Feb. 20th 480.922.8212 or childhelp.org Be a part of this magical afternoon all in support of a heart-warming cause. Begin with many fun activities such as photos in Cinderella’s horse-drawn carriage and a treasure chest raffle. Later sit down to a fabulous lunch and children’s fashion show. Childhelp Wings is a non-profit organization dedicated to helping victims of child abuse and at-risk children by providing prevention, treatment and community outreach.
your home is back on the market? And finally, remember to keep a level head. No matter how you might be feeling, work to close the transaction successfully. Truly, that’s the most important thing here.
Phoenix Suns vs. LA Clippers US Airways Center, Feb. 26th 602.379.7867 or usairwayscenter.com Cheer on our own Phoenix Suns as they slam-dunk their way into victory against the LA Clippers. The Suns have started this season with a bang, so let’s help them to continue this streak and play their way into the NBA Championship. Go Suns!
contemporary cabinetry and furniture in Phoenix have gained momentum,” says Rosenthal. “The new condos and lofts that are being built [in the area] really cater to a more contemporary look. The architecture of the buildings is much more modern looking. And the trend has taken hold in more traditional communities as well.” But is it possible to put a redesigned contemporary kitchen in a Tuscan style home? Yes, says Rosenthal, by mixing a combination of materials so the styles blend. The result is a fresh, eclectic look.
Featuring Modern Steak 7014 E. Camelback Rd. Scottsdale • 480.423.7000 or foxrc.com
Day Boat Scallops with Clementine Vinaigrette & Roasted Salsify 2-3 lbs. Day Boat Scallops 1/4 lb. Watercress Leaves for Garnish Clementine Vinaigrette (see recipe below) Roasted Salsify (see recipe below) CLEMENTINE VINAIGRETTE: 1 1/2 cups Clementine Juice 1/3 cup Champagne Vinegar 3 Tbs. Honey 1/2 cup Oil Blend Salt to taste 1. Combine Clementine juice, Champagne vinegar, honey and salt in a sauce pan. Bring to a simmer. 2. Reduce to a syrup consistency. Cool in an ice bath. 3. Add the syrup to a blender and slowly add the oil to emulsify. ROASTED SALSIFY: 2 lbs. Salsify 1. Peel salsify with a vegetable peeler and cut into 2-inch segments. 2. Lightly toss salsify in extra virgin olive oil and kosher salt. 3. Roast in a 375 degree oven until caramelized and tender. 4. Let cool at room temperature. TO ASSEMBLE THE DISH: 1. Sear the scallops in a small amount of olive oil until caramelized and cooked to desired degree of doneness. 2. Heat the salsify in a small amount of olive oil. 3. Place scallops on the plates, drizzle the Clementine vinaigrette over the scallops. 4. Place a few watercress leaves atop the scallops. Serves 4-6
Wondering what’s new for contemporary kitchen design in 2010 and beyond? Does stainless steel still reign supreme for appliances (the answer is yes!), what woods are all the rage (think dark and exotic), and what are the hottest trends in our not-so-hot economy (two words: cabinet refacing)? Who better to speak with than Allan Rosenthal of European Design in Scottsdale. Rosenthal is well-known in our area for amazing contemporary interiors … see the cover photo for proof. A MOVEMENT TOWARDS CONTEMPORARY A change in overall style is definitely afoot, says Rosenthal, who sees a shift away from the once-popular Tuscan style toward a more contemporary look. “The last couple of years,
TODAY’S HOT TRENDS More specifically, Rosenthal sees a trend toward darker materials and exotic woods for kitchen cabinetry. Some examples include block-mottled Makore, flat-cut Wenge, Bubinga, Swiss Pearwood, figured Anigre, block-mottled Anigre, and Claro Walnut. More linear woods include rift-sawn white Oak, which is available in a man-made “green” material; rift-sawn Wenge; Macasar Ebony, also available in a man-made “green” material; quartered Ash; ribbon Sapele; and Kosipo. That said, environmentally safe green designs are also getting people’s attention. As for appliances, stainless steel is still popular, with beautiful stainless faucets and fixtures getting fancier than ever. Integrated appliances—when the refrigerator and dishwasher disappear into the cabinetry and the fronts are all flush—are also in demand. “We’ve done kitchens where it’s hard to tell a refrigerator is a refrigerator,” adds Rosenthal. For countertops, granite is still a mainstay, but the more eco-friendly and cost-effective concrete is gaining in popularity, especially in today’s economy. “People are looking for alternatives and looking for things that are environmentally friendly,” says Rosenthal. “Concrete is definitely an option for that. You’d be amazed at what can be done with concrete. You can do an integrated sink and an integrated dish-drying area and it’s a seamless look. Even though it’s an older material, concrete has a futuristic look. The designers mix glass and color into the concrete. What they do with it is mind boggling.” Rosenthal will also incorporate lighting into his cabinetry, with under-cabinet lighting being very popular. “We’ve also done a lot of light bridges that run across the upper cabinetry and around the whole room,” he says. “That really adds a lot of character and shows off the wood. It gives a three-dimensional look to the exotic woods.” AMAZING TRANSFORMATIONS One final trend Rosenthal is seeing? A lot of people are remodeling in preparation of listing their property to sell. “We’re getting a lot of calls for kitchens,” he says. “We can take an existing kitchen and reface it. We’ve transformed kitchens that just looked unbelievably bad and used the existing boxes and put new fronts and sides on them and the transformation is amazing.”
Keep Emotions Suppressed & Negotiations on Track! Selling your home can be a nerve-wracking experience. After all, your home is more than stucco and stones to you. It’s the place you’ve spent holidays and perhaps raised children. It’s the place you’ve decorated and loved for many years. Now it’s time to sell your nest and the potential buyers are trying to nickel and dime their way to a rock-bottom price. In your eyes, the listing price is fair if not undervalued. It’s hard not to get emotional. On the flip side, if you’re the home buyer and you’ve finally found the house of your dreams, it’s hard not to let your emotions ruin the negotiations as well. After all, you don’t want to let this one get away. You also don’t want to overpay. On either side of the negotiating table, it’s important not to tie your emotions to this business transaction. Both home sellers and home buyers need to be careful not to let their feelings interfere with the negotiating process. Emotions can often cause small, easily settled disputes to escalate into deal-breakers. Feelings of anger, fear, agitation, distrust, disappointment or disrespect may arise in a real estate transaction from either party. When people feel that their interests are threatened, or that their wishes are not being heard, it’s human nature to want to lash out in response. However, it’s almost always best to keep emotions at bay. One of the first steps to managing your emotions is to acknowledge them. Discuss these feelings with your Realtor.
Trying to suppress your strong emotions completely may only lead to resentment. By letting your Realtor understand your feelings, he or she is better prepared to negotiate with the other party in a calm manner while working on your behalf. If a party sees that the opposing side is overcome with emotions, it’s sometimes best to acknowledge this and let the other side express their feelings. A good negotiator is able to recognize anger issues before they erupt and to make small concessions in order to build trust and defuse the anger. Let the other party know that you empathize with their concerns whether you agree with them or not. The point is to provide reassurance and keep the negotiations on track. While negative emotions can impact negotiations, so can positive emotions. Feelings of pride, joy, satisfaction and appreciation increase the likelihood that both parties will reach their goal of a win-win outcome. Let the positive emotions you feel take center stage in your negotiating. It breeds respect and the desire to work things out with the other party. While deep in the negotiation process, it’s often easy to lose sight of your goal – to buy or sell the property at a fair price. Don’t get emotionally caught up in little things. As the saying goes, “pick your battles.” Don’t allow negative feelings to overcome logic. Is it really better that you made your point by refusing to fix a frivolous line-item on the inspection report if it means
FEBRUARY 2010 The Sleeping Beauty Symphony Hall, Feb. 11th – 14th 602.381.5155 or balletaz.org This romantic fairytale is brought to life as the beauty and grace of Ballet Arizona’s dancers bring enchantment to this wonderful story. The Sleeping Beauty has been dazzling audiences for more than 100 years, both with its timeless choreography and unforgettable score by Tchaikovsky. Scottsdale Arabian Horse Show WestWorld, Feb. 11th – 21st 480.515.1500 or scottsdaleshow.com Since 1955 this local show has grown from just 50 to nearly 2400 horses. Owners, trainers, breeders and equine-loving spectators come from all over the world to watch and participate in this top-notch event. In addition to the competition, educational demonstrations and a shopping bazaar make this an annual must-do for many! Mary Poppins ASU Gammage Auditorium, Feb. 11th – 28th 480.965.5062 or asugammage.com Relive this Disney classic story live. The tale begins as the magical nanny Mary Poppins floats down from the sky to bring joy and fun back into the Banks’ lives. Including many familiar songs we all know and love such as A Spoonful of Sugar and the impossible word Supercalifragilisticexpialidocious, this wonderful musical will leave you happily humming and tapping your toes. Phoenix Home and Garden’s Arizona Style Showplace Scottsdale Quarter, Feb. 12th – 14th 480.664.3960 or phgmag.com/azstyle Celebrating their 30th anniversary, Phoenix Home and Garden magazine brings Arizona Style to you with this exciting three-day event. Guests will explore 70,000 square feet of inspiring design, home and garden exhibitions and showcases. Gather innovative ideas and listen to seminars throughout the day as experts highlight trends and trade secrets for creating inviting spaces in and around your home. Enchanted Kingdom Luncheon and Fashion Show Arizona Biltmore, Feb. 20th 480.922.8212 or childhelp.org Be a part of this magical afternoon all in support of a heart-warming cause. Begin with many fun activities such as photos in Cinderella’s horse-drawn carriage and a treasure chest raffle. Later sit down to a fabulous lunch and children’s fashion show. Childhelp Wings is a non-profit organization dedicated to helping victims of child abuse and at-risk children by providing prevention, treatment and community outreach.
your home is back on the market? And finally, remember to keep a level head. No matter how you might be feeling, work to close the transaction successfully. Truly, that’s the most important thing here.
Phoenix Suns vs. LA Clippers US Airways Center, Feb. 26th 602.379.7867 or usairwayscenter.com Cheer on our own Phoenix Suns as they slam-dunk their way into victory against the LA Clippers. The Suns have started this season with a bang, so let’s help them to continue this streak and play their way into the NBA Championship. Go Suns!
February 2010
Welcome to your very own Scottsdale Waterfront Lifestyle. Watch for us in your mailbox each and every month as we give detailed information to you on real estate activity within the Scottsdale Waterfront Residences. As part of the original real estate team that sold all of the developer-owned units, we invite you to call on us for any future buying or selling needs you may have. As specialists in the Scottsdale Waterfront project, we lend unparalleled knowledge and expertise to every transaction. INTERESTED IN SELLING? Not only will you receive service levels beyond your expectations, you’ll find that our intimate knowledge of the Waterfront will better guide you on pricing and marketing decisions. We know this community inside and out and know how to properly position YOUR residence to sell. LOOKING FOR A BUYER? As the original sales team from the inception of Scottsdale Waterfront, we are privy to numerous interested parties in our project. That allows us to network and proactively contact potential buyers for your unit – a priceless resource in today’s market. Our team has sold over 60% of the resale units in the towers. We hope that if you are considering buying or selling in the Scottsdale Waterfront Residences, you’ll call us first. We will be delighted to speak with you!
BABBI GABEL
ANGELA MOORE
bgabel@geoffreyedmunds.com
amoore@geoffreyedmunds.com
602.741.7750
602.708.4050
6263 N. Scottsdale Rd. #125 • Scottsdale, AZ 85250
ScottsdaleWaterfront.com If your home is currently listed, this is not a solicitation for that listing.
FEATURED COVER PROPERTY
7175 E. Camelback Rd. #504 1,439 Sq. Ft. | 2 Bed | 2 Bath • $645,000 Live in the lap of luxury in this two bedroom/ two bath flat ready for move-in! Open splitmaster floor plan with large balcony perfect for outdoor dining and entertaining. This is a quiet and private location within the building that has Camelback Mountain views. Perfect opportunity for snowbirds and 2nd homeowners to live at the most desirable building in Scottsdale for under $1M. OWNER HAS PRICED TO SELL! Lavish interiors and upgrades make this unit show well. Tons of Waterfront amenities an elevator ride away. 24-hour doorman, two parking spaces, enclosed storage unit, valet parking, fitness center, steam sauna, Club Room and private dining room for entertaining.
A SAMPLING OF REAL ESTATE ACTIVITY IN Address Sq. Ft. / Bed / Bath List Price CURRENTLY FOR SALE 7175 E. Camelback Rd. #105 1019 / 1 / 1 $449,000 7175 E. Camelback Rd. #403 1147 / 2 / 2 $459,000 7181 E. Camelback Rd. #603 1084 / 2 / 2 $469,900 7181 E. Camelback Rd. #403 1185 / 1 / 2 $489,000 7175 E. Camelback Rd. #302 1457 / 2 / 2 $599,000 7175 E. Camelback Rd. #502 1457 / 2 / 2 $649,000 7175 E. Camelback Rd. #202 1494 / 2 / 2 $649,000 7175 E. Camelback Rd. #504 1439 / 2 / 2 $645,000 7181 E. Camelback Rd. #109 1439 / 1 / 2 $677,000 7175 E. Camelback Rd. #604 1439 / 2 / 2 $744,900 7175 E. Camelback Rd. #307 1432 / 2 / 2 $799,000 7175 E. Camelback Rd. #205 1554 / 2 / 2 $799,000 7181 E. Camelback Rd. #907 2265 / 2 / 2.5 $885,000 7175 E. Camelback Rd. #903 1611 / 2 / 2.5 $950,000 7175 E. Camelback Rd. #208 1788 / 2 / 2 $970,000 7181 E. Camelback Rd. #204 1927 / 2 / 2 $999,000 7181 E. Camelback Rd. #301 2296 / 3 / 3.5 $1,095,000 7175 E. Camelback Rd. #406 2117 / 2 / 2.5 $1,175,000 7175 E. Camelback Rd. #306 2117 / 2 / 2.5 $1,175,000 7175 E. Camelback Rd. #901 2500 / 3 / 3.5 $1,199,000 7181 E. Camelback Rd. #510 2265 / 2 / 2.5 $1,200,000 7175 E. Camelback Rd. #1103 1659 / 2 / 2.5 $1,290,000 7175 E. Camelback Rd. #701 2503 / 3 /3.5 $1,295,000 7181 E. Camelback Rd. #509 2227 / 2 / 2.5 $1,350,000 7181 E. Camelback Rd. #1005 2469 / 2 / 2.5 $1,450,000 7181 E. Camelback Rd. #807 2265 / 2 / 2.5 $1,495,000 7181 E. Camelback Rd. #409 2227 / 2 / 2.5 $1,495,000 7175 E. Camelback Rd. #805 2469 / 2 / 2.5 $1,525,000 7181 E. Camelback Rd. #1102 2041 / 2 / 2.5 $1,595,000 7175 E. Camelback Rd. #706 2227 / 2 / 2.5 $1,695,000 7175 E. Camelback Rd. #1001 2296 / 3 / 3.5 $1,750,000 7175 E. Camelback Rd. #1105 2469 / 2 / 2.5 $1,795,000 7175 E. Camelback Rd. #704 2474 / 2 / 2.5 $1,980,000 7175 E. Camelback Rd. #1104 2975 / 3 / 3.5 $2,195,000 7181 E. Camelback Rd. #509 & #510 5021 / 5 / 6 $2,750,000 7181 E. Camelback Rd. #PH2 3363 / 3 / 3.5 $2,899,000 7181 E. Camelback Rd. #PH4 3860 / 3 / 3.5 $3,195,000 7175 E. Camelback Rd. #PH5 4348 / 3 / 3.5 $3,750,000 7175 E. Camelback Rd. #PH7 3940 / 3 / 3.5 $4,165,000 SALE PENDING 7175 E. Camelback Rd. #402 1588 / 2 / 2 $599,000 SOLD Sold Price 7175 E. Camelback Rd. #510 2265 / 2 / 2.5 $800,000 7181 E. Camelback Rd. #703 3139 / 2 / 3.5 $1,425,000 7181 E. Camelback Rd. #PH3 3472 / 3 / 3 $1,750,000 *Properties in bold/blue are represented by Babbi Gabel and Angela Moore. All information is deemed reliable but not guaranteed.
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