RE/MAX Excalibur Properties Magazine - Fall 2010

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S cot t s da l e | P H OE N I X | PA R AD I S E VALLE Y | e a s t va l l e y | T U C S O N

&

Properties re/max

surrounding areas

excalibur

M A G A Z I N E

Inside Mortgage Info Tax Incentives Money Watch Sales Statistics

The Latest in Real Estate is Value Short Sales, Bank-Owned and Ready-to-Sell

Luxury Properties, Homes, Condos, High Rises, Lofts & Land FALL 2010

Expanded Tucson Section Inside See cover property on page 3



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Thank you for taking the time to look through our showcase of featured homes. It is a representative sample of the fine listings that we currently offer. What a great time to be a buyer in Arizona! To better serve you, please note that we are featuring homes in all price ranges, including homes that are short sales or REO bank-owned properties. We’ve expanded our coverage to Tucson, as well. Please take a minute to read about the market trends and various neighborhoods that we have featured. I think you will find the information valuable as you consider your next real estate purchase in Arizona. Is now the right time to buy? The only answer I can come up with is YES! Just like the stock market, very few of us have the ability to perfectly “market time” our real estate purchases. All indicators point to the fact that we have “reached the bottom” in our prices. However, what if you were to miss the market by 5 percent in your timing? Is that really a good enough reason to risk not getting the home you really want? Today, most people are buying homes because the home is where they choose to live and expand their lives. Missing the opportunity because of a couple of percentage points is not a good reason to not get the home of your dreams. Rates are low, but likely to increase soon. We could easily look back at this period as the “perfect storm.” Choose one of our seasoned, full-time professionals to help you with your purchase decision. They are well trained and can give you the answers you are looking for. Good luck!

Sincerely,

Howard Lein Owner, Re/Max Excalibur

On the Cover

Desert Mountain Country Club Extraordinary floor plan including three bedrooms, three-and-one-half baths, plus den, formal living and dining rooms, family room and chef’s dream kitchen. Gorgeous grounds, including expansive covered patios with integral misting system, heated pool and spa, outdoor fireplace, builtin BBQ and more.The highest of standards throughout, including commercial-grade appliances — Wolf, Subzero, Fisher Pakel, to name a few. Extensive use of rare granite, marble and stone on all surfaces. A quiet location that is within walking distance of the Sonoran Clubhouse. Deferred Equity golf membership is included. MLS#: 4349607 Offered at $1,495,000.

Doug daCosta 602-430-3788

did you know? T he Valley is a premier destination, with more than 300 sun-filled days a year and an average temperature of 74.2 degrees. 20 1 0 | Fa l l | P RO P ERT I ES M AGA ZINE | 3



C

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Pinnacle Peak

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

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Short Sales: You may save big 6 Home Staging: An artistic approach 7 Designations: What they mean 8 Tucson: Seller/buyer benefits 40 Listings

RE/MAX Collection

Condos, High Rises & Lofts

Distinctive Living 17 Listings 18-24

Condo Home Market 35 Listings 36

Homes

Tucson

The Valley Home Market 25 Listings 26-34

Southern Arizona Market 39 Listings 43-46

Excalibur Fulton Ranch 4921 S. Alma School Road Chandler, AZ 85248 480-883-9800

Phoenix, AZ

Oro Valley / Tucson 11115 N. La Canada Dr, Suite 155 Oro Valley, AZ 85737 Office 520-461-1255 Fax 520-461-1256 Toll Free 800-944-3694 Publication Advisory Committee Howard Lein, Owner Rol Johnson, Designated Broker Kris Anderson, CLHMS, ABR RECS, CMRS, HI Gary Brown Director, Career Development Karen Grobman PC, GRI, e-PRO, CLHMS Gayle Henderson, PC, CRS, GRI CDPE, ABR, CLHMS Tyler Lein, Manager Dean Selvey, CRS, ABR Andrew Bloom, CDPE

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Real Estate Features

Volume 3 | Issue 1 Rick McCartney | Publisher RaeAnne Marsh | Editor Benjamin Little | Graphic Design Connie White | Photographer Kerri Metcalf | Operations Manager Account Executives Louise Ferrari, Scott Mershon, Nicole Morrison-Mathern, Rene Tello

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

n

Valuable Information Participating Associates

10-12

Valley Map

14-15

Tucson Map 41

Phoenix Metro Area June 1, 2009 to June 30, 2010

6360 E. Thomas Road, Suite 210 Scottsdale, Arizona 85251 (480) 588-9505 info@inmediacompany.com InMediaCompany.com ©2010 InMedia Company 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 InMedia Company, 6360 E. Thomas Road, Suite 210, Scottsdale, Arizona 85251 (480) 588-9505. For questions or comments about RE/MAX Excalibur Properties Magazine, contact InMedia Company at (480) 588-9505 or via email at info@inmediacompany.com. Equal Housing Opportunity. RE/MAX® is a registered trademark of RE/MAX International, Inc.

NOTE: This bar graph combines the “sold” listings of all office locations and independent offices of each multi-office or franchise organization identified, which listings were sold by such organization itself, or with the aid of a cooperating broker, according to data maintained by the Local Board or Multiple Listing Service for the geographic area indicated. The bar graph compares all those listings that were “sold” by each organization during the period 01/01/09–12/31/09. This representation is based in whole or in part on data supplied by the ARMLS (Arizona Regional Multiple Listing Service) Board of REALTORS and their Multiple Listing Service. Neither the Associations nor their MLS guarantee or are in any way responsible for its accuracy. Data maintained by the Associations may not reflect all real estate activity in a market. ©2010, RE/MAX Southwest Region. Each RE/MAX® office is independently owned and operated. 100053

did you know? Nearly 60,000 Mesa adults hold at least a bachelor’s degree. 20 1 0 | Fa l l | PRO P ERT I ES M AGA ZINE | 5


Short Sales

Searching for a home? You may save big with a short sale.

I

n real estate, timing is everything. For those in the market to buy, that time is now. In recent years, an increasing number of homeowners have been having trouble paying their monthly mortgages. As unfortunate as that may be, for buyers, it means substantial savings. A short sale simply means that you can save more money than you ever imagined when you are looking to purchase a home. The simple fact is that the lender would rather get some money against what is owed on the home and will negotiate the price. Short sales involve working with the seller, the seller’s lender and the seller’s agent. The process can be very involved, which is why having a Realtor to represent your interests is important. It will also save you a huge amount of time and headaches, as the Realtor can handle everything for you. Short sales are great opportunities to get a good deal when buying a house. However, most buyers are unprepared to take advantage of one. If you are considering a short sale, you must understand the process and set your expectations accordingly. While not for everyone, the reward is often worth the effort. When buying a short sale, you need to: Be pre-approved – Have your financing in place before you make an offer. With current lending guidelines, a prequalification is worthless. You need to have your loan pre-underwritten and pre-approved. Doing so shows the lender you are a legitimate buyer and improves your chance of success. Be thorough – Before locking the interest rate for your loan with your lender, carefully review their rate lock policy regarding re-locking and lock extensions. Because of the extended timelines, you must carefully consider when you lock your loan, for how many days you lock your loan, and the cost of lock extensions and re-locking your loan. Be sure – Don’t lock your loan or spend money on an appraisal or inspection until you have a signed contract with the seller confirmed in writing by their lender detailing the terms of the short sale. Even if you have a contract with the owners, their lender is the real seller and will dictate the entire sale process.

Be patient – Short sales can easily take 90 days or more.You are dealing with large companies where the decision makers do not handle the day-to-day aspects of the sale. Responses to routine questions can take two weeks. Set your expectations accordingly. Be patient and persistent.

Be flexible – Don’t have your heart set on a specific property or timeline. Be ready to buy another property. If you have a hard timeline or want a particular house quickly, pursue a traditional purchase. Be proactive – Educate yourself. Unfortunately, most agents and lenders have very little or no experience with short sales. Make it your responsibility to educate yourself and be involved in the purchase. Be smart – Don’t be lured into buying a house just because it seems like a “good deal.” You must buy a property that is right for you. You do not want to end up buying a house you cannot afford, that is too far from your target area, or one that requires too much time and money to rehabilitate. While it’s true that the economy has had negative effects on nearly everyone in some way, there are a few good points. When it comes to buying a home, there has never been a better time. If you want to save a good deal of money, you should buy now while the time is right. When the market stabilizes, these low prices will be gone forever. Short sales are a chance for you, as a buyer, to get an incredible bargain! Contact a well qualified, certified in distressed properties Realtor today, and be in your dream home in no time.

Residential Average Sales by City July 1 to Sept. 30, 2010

City Sale Price

City Sale Price

Carefree $600,095

Mesa $139,277

Cave Creek

$336,176

Paradise Valley

$1,347,419

Chandler $200,372

Phoenix $128,788

$327,890

Scottsdale $365,101

Gilbert $202,462

Tempe $172,459

Fountain Hills

Maricopa County has an approximately 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? With an average age of 34, Greater Phoenix is the fifth youngest city in the country. 6 | PROPERT IES MAGAZ I N E | Fal l | 201 0


Home Staging: An Artistic Approach to SellingYour Home For most homeowners planning to put their properties up for sale, the challenge can be intense and stiff in a vast and extremely competitive industry. That is why it’s smart to take certain measures that will give your property an edge and make it stand out among the rest of the competition. Home staging is considered one of the many ways where you can utilize your creativity and resourcefulness in order to swiftly and profitably sell your house. Home staging is basically considered an art of home preparation in turning your private residence into a potential property for sale in the market. The primary objective is to boost the market value of your home, make it remarkably appealing to potential buyers and eventually sell your property. What are the techniques for staging your home? It’s said that homebuyers make salient decisions of whether to purchase property or not in the first 15 seconds of setting foot in the house. Homebuyers make that big decision even before getting out of their car during the home visit. Therefore, be very careful to pose a significant impression that will make them want your house and nothing else. Two of the most important techniques for staging your property are: n Exterior home staging – Curb appeal refers to the art or practice of home improvement, specifically the exterior of your home. People get first impressions about the house from the street. If they like what they see, they’ll be motivated to look inside. Enhancing the exterior appeal of your property can sometimes make or break the deal. In order to improve your house from the outside, first eliminate the clutter outside your property. If you can afford a fresh landscaping job, do it. This will surely enhance your property to a higher level. n Interior home staging – De-cluttering is an extremely effective way of putting more space and air inside your property, while a good cleaning job from top to bottom can greatly improve the quality of your home. Even a new paint job can increase the attractiveness of your home. Be sure to use neutral colors that will appeal to a wide variety of homebuyers. There are more ways to transform your simple and ordinary house into an outstanding property. For more ideas, speak with your Realtor or consult with a professional home stager.

Get Real-Time Information 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!

Money Watch Real Value of an Adjustable-Rate Mortgage APR When shopping for a mortgage, many borrowers will look at the APR and calculate it toward the full term of the loan. For a fixed-rate mortgage, calculating this figure is simple as the interest rate does not change. However, with a 30-year mortgage, this calculation can be distorted if the borrower refinances or pays the mortgage off earlier than the full 360-payment term. The question then is, how does APR apply to adjustable-rate mortgages? Mortgage bankers and brokers will disclose the APR in regard to the rate; however, they never disclose that the figure is inaccurate if the loan is satisfied earlier than the designated term. Another reason why APRs can become confusing is that they do not account for a borrower’s tax bracket. As mortgage interest is tax deductible, the borrower’s annual earnings will determine the correct tax bracket. As loan amounts and the personal finances of borrowers differ, it is difficult to see the true APR until after taxes and interest are deducted. Some mortgage brokers and bankers may dance around the question of “how APR will affect the loan” simply because it is complicated and difficult to explain. This explanation can mislead borrowers into thinking that they are paying more than they should be or not getting a fair deal. APRs that are calculated over the full term of the loan are not accurate with adjustablerate mortgages, as the future rates have yet to be determined after the adjustment period. Calculating the APR on a fixed-rate mortgage product is quite easy. However, sales strategies attaching APRs to adjustable rate loans tend to steer potential borrowers away. The adjustablerate mortgage is a powerful loan that can increase a borrower’s cash flow for a predetermined rate of time. This can help fund a future down payment or home improvements. As many people refinance or move within the first seven years of home ownership, an adjustable-rate mortgage should strongly be evaluated.

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

20 1 0 | Fa l l | P RO P ERT I ES M AGA ZINE | 7


Alphabet Soup: What Realtor® Designations Really Mean Accredited Buyer’s Representative (ABR) – To achieve this designation, Realtors must complete and pass the exam for a two-fullday course on all aspects of buyer representation and document a qualifying number of buyer transactions. ABRs maintain membership in the Real Estate Buyer’s Agent Council and keep up to date on important developments in buyer agency. Certified Distressed Property Expert (CDPE) – The CDPE designation is a nationally recognized certification given to agents who have dedicated their time and effort to understanding the issues distressed homeowners are facing. After taking multiple courses and training sessions, the agents are better equipped to deal with entering the distressed property market, including REOs, short sales, preforeclosures and working with investors. Through his certification from the Distressed Property Institute a CDPE has received the tools, information and tactics to effectively help homeowners. Certified Luxury Homes Marketing Specialist (CLHMS) – This designation is through The Institute for Luxury Home Marketing, which exists to help buyers and sellers of luxury homes and estates find real estate professionals who specialize in the luxury home market and have completed extensive training to build additional competencies. Certified Residential Specialist (CR) – With less than 4 percent of agents with this designation, this is the most difficult designation to obtain and is a measure of a high degree of formal education and real-world transactional experience. To obtain a CRS, the agent must attend three two-day classes, pass three exams and provide proof of 25 closed transactions within the last 24 months. While the transaction experience isn’t a huge amount, it does weed out the inexperienced agents and the classes weed out those agents who aren’t dedicated to continuing education. e-Pro – An Internet Professional Realtor has completed extensive training on using the Web and is prepared to employ the latest techniques and services for the benefit of clients. Graduate Realtor Institute (GRI) – To earn the GRI designation, Realtors must complete over 90 hours of specialized real estate courses. A Realtor who earns the GRI designation has shown his or her commitment to the industry and toward serving the client. Seniors Real Estate Specialist (SRES) – This specialized course of study focuses on real estate issues that are important to senior citizens, including retirement, reverse mortgages, downsizing, health care and IRAs. After completing this course, an SRES Realtor is uniquely suited for helping senior citizens and their families with their specialized real estate needs.

Sampling of East Valley Communities Sales from July 1 to Aug. 30, 2010 Comparisons of single-family homes only in these communities.

Area

Avg. Sales Price

List/ Sale Ratio

Apprx. sq.ft.

$ per sq.ft.

Cave Creek Dove Valley Tatum Ranch

$262,376 $253,270

96% 96%

2,329 2,062

$115.48 $122.52

Chandler Cooper Commons/Cooper Corners Fulton Ranch Ocotillo

$177,073 98% 2,210 $80.51 $444,264 94% 3,339 $136.37 $385,944 95% 2,972 $130.43

Fountain Hills SunRidge Canyon FireRock

$480,500 91% 2,747 $173.44 $825,778 84% 4,261 $206.15

Gilbert Finley Farms Power Ranch Val Vista Lakes

$193,882 $191,067 $244,833

99% 98% 97%

1,977 2,296 2,371

$97.70 $85.26 $101.52

Mesa Dobson Ranch Las Sendas

$157,854 $516,970

93% 95%

1,869 3,545

$85.66 $141.98

North Phoenix Desert Ridge Tatum Highlands

$310,024 $293,500

97% 98%

2,230 2,302

$138.34 $128.87

Phoenix Biltmore

$477,108 94% 2,392 $189.13

Scottsdale DC Ranch/Silverleaf Desert Highlands Desert Mountain Gainey Ranch Grayhawk Kierland Mirabel McDowell Mt. Ranch Scottsdale Mountain Scottsdale Ranch Silver Leaf Stonegate Troon/Troon North Tempe Warner Ranch

$755,782 $1,813,500 $1,804,000 $538,714 $352,691 $363,000 $847,100 $397,012 $548,200 $401,545 $2,057,500 $533,293 $574,803

$277,600

96% 78% 84% 93% 97% 95% 94% 97% 95% 95% 87% 94% 94%

3,350 $216.12 6,299 $283.60 5,471 $306.05 2,259 $243.77 2,043 $156.09 1,950 $193.97 4,753 $175.18 2,370 $162.39 3,003 $183.20 2,250 $175.11 6,385 $325.73 3,056 $174.89 3,008 $186.43

101%

2,201

$126.37

*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.

did you know? The Valley is a $181 billion marketplace that serves as a hub for aerospace, bioscience and business services. 8 | PROPERT IES MAGAZ I N E | Fal l | 201 0


Fidelity National Title Can Help With Your Short Sale Coordination Needs!

Q:

> Are you tired of sitting on hold with the Lenders for hours on end? > Are you frustrated with the Lenders dropping your files? > Have you heard “we never received that” one too many times? > Is your time better spent generating more business and working with clients?

A:

Allow Fidelity to help you with your Short Sale files… > Packages Submitted to the Seller’s lenders on your behalf by a CDPE coordinator > Verification to confirm that all short sale documentation has been received by the lender > Verification that the file is complete and assigned to a negotiator > Facilitation of all communication from the Lender between the Seller and Agent > We Stamp/Watermark every page of package with Loan Numbers for easy identification by the Lender > Weekly Calls made to the Lenders to ensure file is moving towards approval > Secure Online access to all communication/documentation with the Lenders to track progress > Banks Love Our Process > Transactions Stored for 7 Years and 1 Day > CD of the entire transition sent to seller > We handle all of the ugly details while you negotiate and close the deal

Contact your Fidelity Sales Rep or call 480-214-4500 and ask for Transaction Connect Coordinating Services Email: transactionconnect@fnf.com

www.fntarizona.com


Associates

Now in Tucson

Pa r t i c i p at i n g

& R E / M A X E xc a l i bu r O f f i c e s www.excaliburrealestate.com

Shea

Troon

Scottsdale Ridge

Fulton Ranch

Oro Valley / Tucson

8510 E. Shea Blvd., Suite 100 Scottsdale, AZ 85260 (480) 355-3500 (888) 899-0496 Shea and 101

10458 E. Jomax Road, Suite 100 Scottsdale, AZ 85262 (480) 344-4400 (800) 451-2811 Serving Carefree and Pinnacle Peak

21803 N. Scottsdale Road, Suite 100 Scottsdale, AZ 85255 (480) 850-5000 (800) 736-2974 Serving North Scottsdale & Phoenix

4921 S. Alma School Road Chandler, AZ 85248 (480) 883-9800 fax (480) 883-9804 Serving the SE Valley

11115 N. La Canada Dr., Suite 155 Oro Valley, AZ 85737 Office (520) 461-1255 fax (520) 461-1256 Toll Free (800) 944-3694

RE/MAX Excalibur is now in Tucson. See our Tucson Agents listed below and homes on page 39. ASSOCIATES

PAGE(s)

PAGE(s)

ASSOCIATES

PAGE(s)

Kris Anderson

Teresa Atkinson

Rosalie Barley

CDPE, CLHMS, CMRS, RECS, ABR, IRES Your Premier Team (480) 567-2103

CDPE,CRS,ePro Re/Max Hall of Fame (480) 235-7522

ABR, CDPE, ePRO, GRI (602) 418-0246

www.YourPremierteam.com

22, 23, 31, 32, 33, 36

28, 34

www.TheAtkinsonGroup.com Terry Bishop

CRS, GRI (602) 369-6000

ABR, CRS, CDPE, ePro, GRI, REF, SFR (520) 884-7201 www.TerryBishop.com

29

www.YourArizonaAgent.com Ellen Blum

ON CS TU

Allyn Barnum

30

(480) 570-9500

44

18, 33, 36

www.EllenBlum.com

Deborah Brewer

Val Carey

(480) 220-5909

CDPE IRES SFR. (602) 228-7280

ABR, CSR, CDPE, CRS, GRI Associate Broker (520) 991-7066

36

www.dbrewerrealestate.com

26, 30

ON CS TU

Carla Boring

www.CarlaBoring.com

Not Pictured

ASSOCIATES

www.valsellstucson.com

Peter Castiglia

LInda Caylor

Sharon Coffini

CDPE SFR GRI EPRO (480) 695-2443

CDPE (602) 686-2588

(480) 225-5710

29

www.AzMovingPlan.com

ON CS TU

Jeff Collins

ABR, CDPE, e-Pro (520) 818-8605

www.TucsonHome4Sale.com

46

10 | PROPERT IES MAGAZ I N E | Fal l | 201 0

32

www.arizonahomegroup.com

Douglas DaCosta

Mike Domer

(602) 430-3788

CDPE (480) 861-8883

Cover, 3, 23

www.MikeDomer.com

45, 46

34

24


Pa r t i c i p a t i n g A s s o c i a t e s & Th e i r L i s t i n g s ASSOCIATES

PAGE(s)

ASSOCIATES

PAGE(s)

ASSOCIATES

PAGE(s)

Cami Elliott

Dan and Penny Gebhart

(602) 792-9996

(480) 595-3133

(520) 977-7975

29, 32

www.AZMovingPlan.com

ON CS TU

Emily Efird

28

www.camielliott.com

www.danandpennygebhart.com

Karen Grobman, PC

Jan Green

Gayle Henderson, PC

GRI, CLHMS, ePRO (480) 688-0688

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

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

www.ArizonasHotProperties.com

ABR, GRI, CDPE (520) 975-2595

44

www.tucsonaz.com

www.juliestucsonhomes.com

22, 29, 31, 32,

www.AZMovingPlan.com Frances V. Iobst

ON CS TU

ABR, ALHS, CDPE, CRS, GRI (520) 297-4600

34

www.JanGreenAzHomes.com Julie Hillebrand

ON CS TU

Susan Herlong

34

Realtor, CDPE, CSSN (602) 625-6545

45,46

www.yourarizonahomespecialists.com 20, 36

David Johnson

Stephanie Kacheroski

Realtor, ABR, E-Pro (480) 250-3857

(602) 290-0336

MC, CDPE (520) 903-4356

28 Marty Lehman

Lindsay Liffengren

(480) 626-3992

(602) 524-3929

www.AZParadiseValleyHomes.com

26

CRS, SRES, IRES, CSSPE (520) 907-5406

www.RealScotts.com

31, 33, 36

45, 46

Barbara London

Rosann Marchetti

(602) 363-6107

CDPE (480) 748-1312

46

36

www.roseannmarchetti.com

Gail Martin

Dan Mullarkey

Malinda Jean Odle

(480) 502-5718

(480) 296-5959

ABR, ABRM, CRS, GRI, SRES (602) 793-1968

www.lauraloman.com

32

www.DanMullarkey.com

32

Tom Pelliteri

Sindy Ready

ABR, CDPE, CRS, GRI, CLHMS, Realtor (480) 355-3525

(480) 650-4498

The Callaghan Team (602) 478-4017

30, 31, 32, 33

22

31

34

David Oesterle

www.HomeTeamAZ.com

45, 46

(520) 907-3293

ON CS TU

Laura Loman

www.stephaniesellstucson.com

ON CS TU

Michelle Kenny

31

ON CS TU

Amy Jones

www.AmySellsAZ.com

44, 45, 46

www.AzGreatHomes.com

33

20 1 0 | Fa l l | P RO P ERT I ES M AGA ZINE | 11


Pa r t i c i p a t i n g A s s o c i a t e s & Th e i r L i s t i n g s ASSOCIATES

PAGE(s)

ASSOCIATES

PAGE(s)

ASSOCIATES

PAGE(s)

Scott Replogle

Chip Rock

Realtor (602) 376-6874

(602) 320-6724

(520) 907-5642

21, 34

www.YourArizonaHomeSpecialist.com

www.ExcaliburRealEstate.com Mark “Duke” Schneider

30

Associate Broker ePro, CDPE, SFR, CNE (520) 990-1977

32, 36

30, 31, 33, 34

(480) 254-6444

CDPE, CRS, e-PRO, SFR (520) 907-3690

Ali Sontag-Goyette

ON CS TU

Tom Sloyan

(480) 874-2062

45

www.tomstucsonhomes.com Dick & Missy Surges

ABR, CDPE, SFR (480) 326-0969

ABR, CDPE, CRS, GRI, SFR (520) 219-3800

CDPE (602) 538-0106

27, 43

www.dicksurges.com

29

www.AliGoyette.com Patti Thomas

ON CS TU

Beth Steil

30, 34

CRS, GRI, CDPE (480) 861-8857

43

www.eHomeSearches.com

Dean Selvey

32, 36

46 Sue Schumacher

ON CS TU

Melanie Sanders CDPE Associate Broker (480) 570-5203

ON CS TU

Pauline Reed

18, 27, 33

www.patti-thomas.com

E. George Turner

Don & Kathy Vallee

Tischer Group (480) 231-0782

CDPE (602) 448-5353

CDPE, CRS, CLHMS (520) 219-1024

19, 36

19, 20

ON CS TU

Tom Tischer

www.TucsonValley.com

Wendy Wagner

Kimberly Wang

Kate Ward

(480) 215-0133

CDPE (480) 603-6406

Your Premier Team (602) 481-5577

30

31, 32

www.AZMovingPlan.com Cathy Whalen

CRS, ABR, GRI, E-PRO (480) 250-7084

CDPE, GRI, ABR (520) 250-1938

23, 28

cathywhalen@remax.net

www.YourPremierTeam.net

ABR, CRS, GRI (480) 850-5018

45

www.billwhiteaz.com

Providing Real Estate Services to Arizona and Surrounding Areas.

Visit us at www.ExcaliburRealEstate.com 12 | PROPERT IES MAGAZ I N E | Fal l | 201 0

31

Bill White

ON CS TU

Donna Watson

44, 45

34


The Valley

A n I n t r o d u c t i o n t o t h e Va l l e y o f t h e S u n

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 brandnew 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 the Valley’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. 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 eastwest, while Interstate 17 and SR 51 connect north-south. Loops 101 and 202 form a convenient loop around the metropolitan area. As much as Valley residents rely on their vehicles, the city’s public transportation is rapidly expanding. To

Valley Living Incorporated: Population: Median Age (2007): Median Income (2007): Labor Force:

1881 3,987,942 33.7 $53,549 2,140,900

Employment: 2,022,700 Gross Metro Product: $181.6 billion Averages as of Dec. 31, 2008 (unless otherwise indicated). Source: Greater Phoenix Economic Council.

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 toward expanding the Valley’s transportation system. The newest addition to the Valley’s transportation system is the METRO light rail system, which launched late last year. 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 connects 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 also makes stops at Phoenix Sky Harbor International Airport. This time of year sees incredible weather and a host of outdoor activities. With Valley average temperatures in the mid- to high-70s, residents enjoy all that the Valley is known for, such as great golf, wonderful hiking and outdoor events that include culinary festivals, art walks and desert adventures.

did you know? The city’s light rail system offers a fast and convenient transportation link from the airport to downtown Phoenix. 20 1 0 | Fa l l | P RO P ERT I ES M AGA ZINE | 13


Greater Metropolitan Phoenix | Scottsdale

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

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

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

MAP

Excalibur Fulton Ranch 4921 S. Alma School Road Chandler, AZ 85248 480-883-9800 480-883-9804 fax

RE/MAX Excalibur is in Tucson. Check out our Tucson Section on page 39.

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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 R E / M A X C ol l e c t i on B r a n d e d H om e s

Photo by Connie White

U

niquely suited to the most distinguished clientele, RE/MAX Collection offers some of the most prestigious properties available in the Valley. From pristine desert manors to luxurious golf course estates, these exceptional homes are reserved for the most discerning homebuyer. Launched nearly 10 years ago, RE/MAX Collection has since emerged as the leader in high-end properties, catering specifically to the upper-tier buyer. Today, RE/ MAX Collection is recognized for showcasing homes designated as “luxury,” or homes priced at three times the average sale price of local communities. RE/MAX agents make up more than half of all Certified Luxury Home Marketing Specialists (CLHMS) industrywide. They receive specialized training in meeting the needs of distinguished clientele and are experts in handling elite properties. 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. In the RE/MAX Collection program, customized qualities include 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.

The program has truly created a brand for RE/MAX, 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.

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.”

Just the Stats: Luxury Home Market (over $1 million) Area

Avg. sales price List/sell ratio Avg. sq.ft.

$/sq.ft.

Carefree/Cave Creek

$1,270,857

87%

5,272

$244.46

Fountain Hills

$1,249,200

85%

5,890

$226,84

Mesa/Gilbert/Chandler

$1,186,500

84%

6,466

$186.06

North Scottsdale

$1,604,547

87%

5,754

$280.08

Paradise Valley

$1,924,400

89%

6,523

$287.85

Phoenix

$1,422,441

88%

5,923

$247.75

Scottsdale

$1,519,392

87%

5,824

$264.37

Valleywide

$584363

88%

6,080

$262.84

Sales reflect July 1 to Sept. 30, 2010, Arizona Regional Multiple List.

did you know? Scottsdale consistently has one of the highest median household income figures of any city in Arizona. 20 1 0 | Fa l l | P RO P ERT I ES M AGA ZINE | 17


R E / M A X

C O L L E C T I O N

Fou nta

in Hil ls

the

STONERIDGE ESTATE AN ACRE OF PARADISE

Impressive "Tuscan Casual" elegance nestled in the boulder outcropping of prestigious Stoneridge Estates. Majestic interior wraps a beautifully landscaped, outfitted yard. 4 massive entertaining spaces inside, 5 outdoor living areas; 3 Master Suites and Jack-n-Jill for 2 bedrooms; gorgeous Powder Room, full Pool Bath. Hedonistic 1st level Master Suite is steps from 800sqft heated pool-spa-waterfall. Completed in 2009 with every accoutrement in meticulous architectural detail: dramatic rotundas; ironwork; unique stones, custom Alder cabinetry, travertine, extraordinary lighting; 4 car gar. 15419 Stardust: the Arizona Lifestyle at its Best ! MLS # 4412399

Approx. 6525 sq. ft. / 5 bed. + den / 5+ baths

Fou

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in

Hil

ls

OFFERED AT $2,200,000 | MARTY LEHMAN, ELLEN BLUM | 480-626-3992 | www.ArizonaExclusiveProperties.com

CORDABELLA AT COPPERWYND

UNOBSTRUCTED VIEWS !!! LOCATED HIGH ON EAGLE RIDGE, THIS BEAUTIFUL HOME SITS ON A LARGE LOT IN A QUIET CUL-DE-SAC IN WONDERFUL CORDABELLA AT COPPERWYND. THIS HOME IS MODEL PERFECT FOR EVEN THE MOST SELECTIVE BUYER.EACH BEDROOM OFFERS A PRIVATE BATH. ONE BEDROOM OFFERS AN ADJOINING ROOM FOR AN OFFICE, EXERCISE ROOM OR STUDY. HOME IS PERFECT FOR ENTERTAINING AND EASY TO LOCK AND LEAVE.CALL TODAY FOR YOUR PRIVATE SHOWING. MLS # 4390515

Approx. 2972 sq. ft. / 3 bedrooms / 3.5 baths OFFERED AT $749,000 | PATTI THOMAS | 602-538-0106 | patti-thomas.com

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R E / M A X

Pa Val radis ley e

the

C O L L E C T I O N

EXPANSIVE LIVING IN GATED COMMUNITY

The essence of elegant living can be found in this peaceful retreat located in one of the few gated communities of Paradise Valley - Cheney Place. Discover your private oasis in the rear grounds complete with pool and heated spa. Inside, find distinctive architectural details and finishes throughout. A 4 car garage provides ample parking and storage space. If you are interested in moving into Paradise Valley, view details of all homes currently available for purchase on our website at www.PVLuxuryHomeSearch.com. Looking to save time and effort? Contact Tish directly for personal representation and concierge services.

Approx. 5214 sq. ft. / 5 bedrooms / 5+ baths

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THOMAS TISCHER ABR CDPE CNE CRS SFR | 480-231-0782 | www.PVLuxuryHomeSearch.com

MIRABEL GOLF & CC UNDER CONSTRUCTION

MAGNIFICENT TUSCAN PROPERTY WITH SPECTACULAR PANORAMIC MOUNTAIN VIEWS FROM AN ELEVATED MIRABEL GOLF COURSE HOME SITE. Nearly completed home awaiting for your fabulous finishing touches…… wood/tile/carpet flooring, tile baths, countertops, columns, pool and a bit more to move in for the holidays! Gourmet double island kitchen, huge family room with wet-bar, 5 bdrms and 6 baths, office w/private entry, wine cellar, family room and separate casita with ensuite bath/kitchenette. Optional bd rm convert to media rm and another to game rm with wet-bar and view deck. Property available completed for $2,195,000 or $1,800,000 “AS-IS” buyer to finish.

MLS # MLS 4318092

Approx. 5315 sq. ft. / 5 bed. + den / 5+ baths OFFERED AT $2,195,000 | GEORGE TURNER | 602-448-5353 | GEORGETURNERREALTOR.COM

We’re a fair housing provider.

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R E / M A X

C O L L E C T I O N

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TROON NORTH GOLF CANDLEWOOD ESTATES

PREMIUM GOLF AND MOUNTAIN VIEW HOME SITE ON THE AWARD WINNING TROON NORTH PINNACLE COURSE. Elegant Tuscan style home on the 14th green, has a very private front courtyard entry with fireplace and outdoor entertainment center. Fabulous views, negative edge pool, spa, patio and courtyard b/i misting system, BBQ island with lights, refrig and all the SS goodies. Gourmet island kitchen, bkft nook, all SS appliances, beautiful custom knotty alder cabinets throughout, wet bar, master has his and hers bathrooms, travertine, wood, stone and premium carpeting. No way to list all the features of this home, guaranteed to please so give us a call. MLS # MLS 4454737

Approx. 3595 sq. ft. / 4 bedrooms / 4.5 baths

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OFFERED AT $1,399,000 | GEORGE TURNER | 602-448-5353 | GEORGETURNERREALTOR.COM

SCOTTSDALE ESTATE

*Luxurious Custom Estate in gated community with fantastic mountain & distant views on 3/4 acre! Feng Shui masterpiece, secluded courtyard, gracious 5 bedroom & 4 1/2 baths, 5070 sq ft home.Expansive Greatroom with fireplace, wet bar & large view windows.Phenomenal upscale gourmet kitchen, extensive breakfast bar, all with granite counters.Great views from Kitchen dining area, Family Room & Bonus Room.Definitely an entertainer's delight!Large Master retreat, private sitting room, his & her bathrooms, jetted tub and dual shower.Relax & enjoy the beautiful vistas in the negative edge pebble tec pool & spa. Panoramic views from observation deck. MLS # 4459530

5 bedrooms / 4.5 baths OFFERED AT $1,275,000 | FRANCES IOBST | 602-625-6545 | http://www.yourarizonahomespecialist.com/

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R E / M A X

Sc Nor ott th sd ale

the

C O L L E C T I O N

PINNACLE PEAK COUNTRY CLUB

A cascading waterfall is one of the many unique features of this completely updated ranch style home with city light views from the upstairs deck. Evening cocktails are a must in the outdoor entertainment area with fireplace, TV, grill, pool, spa and covered patio. A spacious over-sized master suite with fireplace, Jacuzzi tub, walk-in shower, huge custom closet and two separated sitting areas with beautiful views of Pinnacle Peak Golf Course and your own personal backyard paradise. MLS # MLS 4359139 Approx. 3778 sq. ft. / 3 bedrooms / 3 baths

Sc Nor ott th sd ale

OFFERED AT $1,295,000 | POLLY REED | 602-376-6874 | J.R. Reed 602-910-4545

PINNACLE PEAK COUNTRY CLUB

This is a beautiful home with a six-car garage, large guest casita that sleep six people, views of Pinnacle Peak Country Club golf course holes 16, 17, 2 and 3 from a large patio complete with a pool and gorgeous backyard. This home is spacious inside and spotless - like living in a resort. A spectacular master bedroom, inviting living room, well appointed kitchen and office and two guest rooms. There is a large area in the home for a pool table, games or hobbies between the garages and the guest house. This is a wonderful guard-gated community. MLS # MLS# 4342363 Approx. 4313 sq. ft. / 3 bedrooms / 3 baths OFFERED AT $1,200,000 | POLLY REED | 602-376-6874 | J.R. Reed 602-910-4545

We’re a fair housing provider.

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R E / M A X

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C O L L E C T I O N

ENTERTAINER'S DELIGHT

Stunning North Scottsdale Estate featuring city lights and mountain views from almost every room located by Troon CC in the highly sought after guard gated subdivision of Windy Walk Estates. Carefully detailed custom design featuring vaulted ceilings, venitian plaster, slab granite countertops, brand new high end stainless appliances, as well as travertine and Brazilian hardwood floors. Master bedroom boasts steam shower, jetted tub, separate sitting area, fireplace, two large walk in closets, and balcony with magnificent views. Guest casita is located adjacent to a negative edge pebbletec heated pool and spa with several water features. MLS # 4357669

Approx. 4505 sq. ft. / 4 bedrooms / 4.5 baths

SCOTTSDALE PeNORT or H ia

Ca NORT SCOTTSDALE re fr H ee

OFFERED AT $1,175,000 | TOM PELLITERI | 480-650-4498 | www.tompelliteri.com

DISTINCTIVE ELEGANCE

PRIVACY GALORE!

Surround yourself with privacy and majestic views of Black Mountain as well as city lights on this 1.66 acre lot. Appreciate the high caliber finishes inside and out in this custom built residence located in a gated community. Grand outdoor living w/view deck, stone fireplace, multiple patio areas, secluded spa w/ boulder stream and upgraded resort quality pool. Plus 4 car garage! MLS # 4162548

Own your own piece of heaven- Gated and the BEST mountain Lot in Sonoran Mountain Ranch. 4 spacious en-suites with an office AND a BONUS room ideal for a media room. 5 Car Garage, Salt Pool, Built-in Outdoor BBQ, Outdoor Kiva Fireplace, Gigantic covered patio for entertaining, separate enclosed courtyard with private fireplace. Fully loaded Gourmet kitchen. Sellers' expense is YOUR GAIN! WOW... MLS # 4446523

Approx. 4977 sq. ft. / 4 bedrooms / 4.5 baths

Approx. 4566 sq. ft. / 4 bed. + den / 3.5 baths

OFFERED AT $1,900,000

OFFERED AT $799,000

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

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

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R E / M A X

C O L L E C T I O N

Rio

Ver de

Rio NORT SCOTTSDALE Ver H de

the

Approx. 3600 sq. ft. / 3 bedrooms / 3.5 baths

Approx. 3814 sq. ft. / 3 bedrooms / 3.5 baths

OFFERED AT $998,050

OFFERED AT $949,000

DONNA WATSON - CDPE,CRS,GRI,ABR,E-PRO 480-250-7084 www.DonnaWatsonAZ.com

DONNA WATSON,CDPE,CRS,GRI,ABR,E-PRO 480-250-7084 www.DonnaWatsonAZ.com

On the Cover

GRAND CO lor LA ad KE, o

TONTO VERDE'S FINEST As seen in Phoenix Home and Garden magazine. Awe inspiring mountain and golf course views through the seamless glass wall of windows. Etched concrete floors in circular patterns define the casual living spaces. Gourmet cooks will appreciate the kitchen with top of the line appointments and a nearby temperature controlled wine cellar.Your guests will savor the privacy of their own separate casita.

SSCOTTSDALE o co NNORT tts rthH da le

TUSCAN ELEGANCE Quality and craftsmanship in every room - travertine flooring, hand carved and arched entry door, knotty alder interior doors, 2 fireplaces with stone surrounds, wet bar, and premium kitchen appliances including a Dacor propane cooktop. Resort style outdoor living areas include a heated salt water pool and spa, built in BBQ, observation deck and a firepit. Fabulous mountain and golf course views.

DESERT MOUNTAIN CC

COLORADO LAKEFRONT

Recent Construction!Full golf membership included with this extraordinary Desert Mountain 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 kitchen. Expansive covered patios with intregal misting system, heated pool and spa,outdoor fireplace and BBQ. Lease purchase considered MLS # 4349607

Grand Lake, CO- Snowmobile Capital and Summer Boating Luxury Getaway Estate. Your own boat slip+ Remodel in 2002 + 4 bedrooms + 2 bths + fire pit + hot tub. Floor to ceiling stone fireplace and gorgeous terraced deck for outdoor entertaining. Granite + roof w/ice-melt system+ 2 car garage. The perfect second home to escape the heat or winter investment (rents $3k-$5Kweek). Furniture negotiable. MLS # IRES LISTING

Approx. 4272 sq. ft. / 3 bed. + den / 3.5 baths OFFERED AT $1,495,000 DOUGLAS DACOSTA 602-430-3788

We’re a fair housing provider.

Approx. 3313 sq. ft. / 4 bedrooms / 2 baths OFFERED AT $1,250,000 KRIS ANDERSON, IRES 480-567-2103 www.yourpremierteam.net

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R E / M A X

C O L L E C T I O N

Sc Nor ott th sd ale

NORT SSCOTTSDALE co Nort H tts h da le

the

DESERT HIGHLANDS Brand New and Gorgeous! Open floor plan all on one level except for the upstairs game room or guest suite. Gourmet kitchen and breakfast room that opens to the great room all overlooking the spectacular pool and spa with beautiful sunset and golf course views. Formal dining room with butlers pantry, wine closet, den/office. Fine finishes include groin ceilings, granite tops, pocket doors, + more! MLS # 4332169

Approx. 5072 sq. ft. / 3 bed. + den / 3.5 baths

Approx. 5796 sq. ft. / 5 bed. + den / 5+ baths

OFFERED AT $2,450,000

OFFERED AT $2,299,900

MIKE DOMER, CDPE 480-861-8883 www.mikedomer.com

MIKE DOMER, CDPE 480-861-8883 www.mikedomer.com

Sc Nor ott th sd ale

Sc Nor ott th sd ale

ESTANCIA GOLF CLUB This stunning home showcases views of Pinnacle Peak. It's all on one level with 3 bedrooms plus a den/office, spacious great room featuring a wet bar and fireplace, large gourmet kitchen, formal dining room, romantic master suite with sitting room & fireplace, front courtyard and covered patios. Fine finishes include beautiful wood floors, knotty alder doors, granite tops and beamed ceilings. WOW MLS # CALL

DESERT HIGHLANDS

DESERT HIGHLANDS

Gorgeous newly remodeled soft contemporary home with spectacular 360 mountain, city light and golf course views. This is truly one of the best lots in the development. An entertainers dream with over 8,500 sq. ft. all on one level except for an upstairs 2nd master suite. It includes 6 bedrooms, 6 full and 2 half baths, huge great room, formal dining room, theater, pool, spa and 4 car garage. VIEWS MLS # 4372075

This southwest territorial sits on 1.27 acres and is all on one level. It includes 5 bedroom, 6.5 baths, a 600 sq. ft. detached guest house, family room with wet bar, living room, gourmet kitchen, formal dining room, den, and 4 car garage. Fine finishes include granite tops, beamed ceilings, 2 fireplaces and stone flooring. Front courtyard and covered patios. Built in 2000. A steal at this price! MLS # 4430433

Approx. 8650 sq. ft. / 6 bed. + den / 5+ baths

Approx. 5223 sq. ft. / 5 bedrooms / 5+ baths

OFFERED AT $2,199,900

OFFERED AT $1,299,900

MIKE DOMER, CDPE 480-861-8883 www.mikedomer.com

MIKE DOMER, CDPE 480-861-8883 www.mikedomer.com

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Homes

Valley Homes, Including Short Sales and Bank-Owned Properties

I

t’s a fact: Today’s real estate market has caused both buyers and sellers to rethink their plans and be more cautious when it comes to their homes. For sellers, the question is whether it would be better to wait until the market improves and prices stabilize, while for buyers, it’s meant taking a second and sometimes a third look before committing to a contract. Fortunately, there are still viable options for both sides. The first, and most important, consideration should always be location for both buyers and sellers. Real estate experts advise that if you plan on living in the home for at least five years and it’s 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. Financing is another important consideration, particularly for those wanting to buy. Mortgage rates have been at attractive levels for some time and may continue to remain at those levels into next year. 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 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 for everyone in every price range, size and style. And with so much competition, you can often negotiate a better price with the seller.

Photo by Connie White

Nobody can predict exactly what the market can do, but take into consideration all the different factors 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 financial situation, it’s still possible to make the market work for you.

Just the Stats: Home Market (under $1 million) Area

Avg. sales price

List/sell ratio

Avg. sq.ft.

$/sq.ft.

Biltmore

$286,714

96%

1,911

$137.31

Carefree/Cave Creek

$353,693

96%

2,672

$132.71

Chandler

$212,980

97%

2,186

$94.87

Fountain Hills

$347,014

94%

2,473

$137.43

Paradise Valley

$653,520

98%

3,331

$203.21

$139,947

97%

1,794

$72.70

Scottsdale

$389,485

96%

2,555

$149.47

North Scottsdale

$512,368

96%

3,119

$167.02

Valleywide

$165,505

97%

2,037

$77.51

Phoenix

Sales reflect July 1 to Sept. 30, 2010, Arizona Regional Multiple List.

did you know? In the early days of statehood, Arizona’s economy was based on climate, cotton, copper, cattle and citrus. 20 1 0 | Fa l l | P RO P ERT I ES M AGA ZINE | 25


Bu ck

eye

H o m e s | C ha n dler ~ S cottsdale

SUN CITY FESTIVAL ACTIVE ADULT LIVING

More than you were expecting is what this property offers. Imagine a lot that is almost double the average size w/ privacy & low maintenance to compliment it, plenty of room to add a private pool/spa. Upon entering this model like home you will realize open space & inviting mountain views. Gourmet style kitchen w/ brkfst nook, upgraded cabinets, abundant storage, breakfast bar, slab granite cntrs & SS appliances. Den can be converted to a third bedroom. Master Suite w/ bay sitting area & spa like bath rm & huge walk in closet. Extended length garage w/ work station & storage cabinets. Community pool, ďŹ tness, resteraunt, sports, golf & more MLS # 4463933

Approx. 1819 sq. ft. / 2 bedrooms / 1.75 baths

Ch

an

dle

r

OFFERED AT $262,800 | DEBORAH BREWER | 602-228-7280 | www.dbrewerrealestate.com

SAN MARCOS COUNTRY CLUB

Gracious Mid Century Charmer that has been loved and maintained! Set on expansive (.63 acre) lot on golf course with amazing tranquility both in location and views. Verdant landscaping, privately gated home, spacious rooms, extensive windows and ambient light. Reminiscent of Palm Springs! Lovely entry courtyard. Lots of storage. Gated subdivision. Extended 2-car garage. Perfect location near the 101 and shopping! Don't miss! MLS # 4400640

Approx. 3232 sq. ft. / 4 bedrooms / 4 baths OFFERED AT $400,000 | MICHELLE KENNY | 602-524-3929

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TROON RIDGE ESTATES

STUNNING Southwest Contemporary w/rounded walls of windows & 14' ceilings accented by clerestory windows & many skylights. Great open flow to the floor plan. TWO master suites w/private baths, walk-in closets, & access to cvrd patio w/fireplace, sparkling PebbleTec pool, soothing spa, & built-in cook center. Unobstructed TROON MOUNTAIN backdrop. Spacious room sizes thruout w/grand great room w/wet bar & fireplace, formal dining rm w/coiffered lit ceiling, gourmet kitchen w/massive granite island & HUGE walk-in pantry w/refrig. 3-c gar. Custom built w/attention to details, quality, & functionality w/great use of light, privacy, & views. MLS # 4450704

Approx. 3770 sq. ft. / 3 bedrooms / 3.5 baths

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OFFERED AT $750,000 | DICK & MISSY SURGES | 602-810-4940 | www.teamsurges.com

HIDDEN HILLS LUXURY-VIEWS-PRIVACY

MODEL PERFECT HOME LOCATED IN HIGHLY DESIRABLE NE SCOTTSDALE GATED COMMUNITY. BEAUTIFUL, AND TASTEFULLY DECORATED WITH DESIGNER TOUCHES THROUGHOUT. LOCATED ON ELEVATED LOT THAT BACKS TO ARROYO OFFERING FABULOUS MOUNTAIN VIEWS. TRAVERTINE FLOORING AND ARCHES, STAINLESS PREMIUM APPLIANCES, ENERGY EFFICIENT HUNTER DOUGLAS WINDOW TREATMENTS. ENTERTAINER'S BACKYARD WITH POOL, GLASS BURNING TABLE TOP FIRE PIT, BBQ, FRIDGE AND LOW MAINTENANCE LANDSCAPING.4TH BEDROOM CURRENTLY BEING USED AS A OFFICE BUT COULD EASILY BE CONVERTED TO BEDROOM. ALL FURNITURE FOR SALE UNDER SEPARATE BILL OF SALE. MLS # 4454188

Approx. 3579 sq. ft. / 4 bedrooms / 4.5 baths OFFERED AT $749,900 | PATTI THOMAS | 602-538-0106 | patti-thomas.com

We’re a fair housing provider.

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Rio

Gil be rt

Ver de

H o m e s | G ilbert ~ S cottsdale

OVER 2 ACRES

GOLF COURSE LIVING

Word's can't describe this exquisite custom home situated on 2.39 acres. You'll know the minute you drive up this home has the WOW factor. Upgraded to the hilt with a backyard paradise like no other. 40x60' workshop/garage & an income opportunity that could cover your mortgage. Ask for details. MLS # 4376081

Private and serene setting on the golf course. Stunning custom territorial with premium features and finishes throughout. The sun-kissed gathering rooms are flattered by walls of seemless shear glass. Alfresco amenities include private courtyards, water features, fresh air barbeque, cozy wood burning fireplace, and a heated pool and spa with cascading waterfall. http://www.tourfactory.com/637596

OFFERED AT $795,000

AMY JONES 480-250-3857 www.AmyJonesGroup.com

DONNA WATSON - CDPE,CRS,GRI,ABR,E-PRO 480-250-7084 www.DonnaWatsonAZ.com

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Approx. 3823 sq. ft. / 3 bedrooms / 3.5 baths

OFFERED AT $1,100,000

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Approx. 4151 sq. ft. / 4 bed. + den / 3.5 baths

PREMIER ARIZONA HOME

NORTH SCOTTSDALE

TO BE SOLD FURNISHED! COMPLETE TURN-KEY HOME -INCREDIBLE OPPORTUNITY! UPGRADES you would EXPECT at a LUXURY RESORT! No Expense Spared! Resort Style Backyard w/ Lush Tropical Feel, Misters*Heaters*Travertine! Grand Foyer/ Slab Granite/HD TV’s everywhere! Purchased in 2006 for $965K spent almost as much in upgrades/furnishings! Perfect Home or Investment! This home is breathtaking & a must see!

Stunning home with impressive interior includes both Travertine tile & wood flooring, plantation shutters, maple cabinetry, granite counter tops, 10+ flat ceilings & decorative architectural features. Gourmet island kitchen with stainless steel appliances & breakfast nook. Back yard oasis with pool, built-in cooking area, fireplace & sport court. 35,000+ sq. ft. lot. MLS # 4437641

Approx. 2992 sq. ft. / 4 bedrooms / 2.5 baths

Approx. 3,446 sq. ft. / 4 bedrooms / 4 baths

OFFERED AT $850,000

OFFERED AT $639,900

TERESA ATKINSON, CDPE, CRS, REALTOR SINCE 1991 480-235-7522 www.TheAtkinsonGroup.com

CAMI ELLIOTT 480-595-3133 www.camielliott.com

28 | PROPERT IES MAGAZ I N E | Fal l | 201 0

We’re a fair housing provider.


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H o m e s | S cottsdale ~ North S cottsdale

UPGRADED DELIGHT For those who enjoy a leisurely lifestyle, this lovely home will surely suit your needs. Inside, discover tasteful finishes and upgrades throughout. Backyard is a true paradise with Flagstone decking, sparkling pool with sun shelf, heated spa, grass lawn and stylish outdoor kitchen with stacked stone, fridge and bbq. RV parking with 50 AMP. 3 car garage w/evap cooling and epoxy flooring. MLS # 4414861

Approx. 18,262 sq. ft.

Approx. 3000 sq. ft. / 4 bedrooms / 2.5 baths

OFFERED AT $149,900

OFFERED AT $550,000

ROSALIE BARLEY, ABR, CDPE, GRI, EPRO 602-418-0246 YourArizonaAgent.com

PETER CASTIGLIA CDPE SFR GRI EPRO 480-695-2443 www.AzMovingPlan.com

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TROON LOT WITH VIEWS One of the last few remaining residential lots in Troon North, gated golf community of "The Monument." This subdivision consists of custom and semi-custom homes. This .42 acre lot has spectacular views of Pinnacle Peak, city lights and sunsets. North/South facing with natural vegetation/NAOS. Custom builder list available or can be held as investment. No bldg. timeframe. Price reduced to sell! MLS # 4377099

LAS PIEDRAS - Appreciate the care and attention to detail in this stunning home nestled

RESORT STYLE LIVING

on a .56 acre lot w/desert & mtn views. Unwind at the end of the day in the backyard with misting system and spa. Original owner and tons of upgrades incl. water softener, security system, central vacuum, tile and more. Adjacent to natural open space. HAFA preapproved short sale- lender response in 10 business days. MLS # 4440620

Gorgeous North Scottsdale townhome! 2 bedroom/2 bath plus den * Immaculate throughout * Plantation shutters throughout * New lighting * New granite counters in kitchen * Beautiful hand-scraped maple hardwood floors * Tastefully decorated & no expense spared * Community heated pool & spa/tennis courts w/ onsite pro * Stunning mountain & boulder views * Clubhouse & no much more!

Approx. 3090 sq. ft. / 4 bedrooms / 2.5 baths

Approx. 1986 sq. ft. / 2 bedrooms / 2 baths

OFFERED AT $468,500

OFFERED AT $434,900

EMILY EFIRD 602-792-9996 www.AZMovingPlan.com

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

SHORT-SALE

We’re a fair housing provider.

20 1 0 | Fa l l | PRO P ERT I ES M AGA ZINE | 29


TRANQUIL TRAIL

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H o m e s | C arefree ~ F ou n tai n H ills

STUNNING CUSTOM HOME

ENTERTAINER’S DELIGHT

Unique opportunity! Purchase remaining lots in gated subdivision in Carefree. 14 improved & 19 unimproved lots for investor/builder to finish subdivision. Financing available with Copper Star Bank.

Popular N. Scottsdale/Cave Creek Corridor Acre+ Horse Property. Expansive Mtn, Desert & City Light Views. Gourmet Kitchen, Fireplace, Pool, 3c Garage. For 24-Hr Recorded Info 480-374-1710 Code 10961

Thoughtfully designed, semi-custom home featuring large great room, sound insulated home theater with Runco projector, spacious kitchen with Viking dual fuel 6 burner stove and double ovens. MLS # 4428683

OFFERED AT $3,300,000

Approx. 2870 sq. ft. / 4 bedrooms / 4 baths

SCOTT REPLOGLE, CLAUDIA JORDAN, BONNIE BURKE

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

OFFERED AT $335,000 DAVID OESTERLE 480-355-3525 www.HomeTeamAZ.com

OLD STONE RANCH

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480-344-4400 Call For Details!

Approx. 2434 sq. ft. / 3 bedrooms / 2 baths

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MLS # 4445742

RYAN ESTATES

OCOTILLO LAKES

STUNNING CURB APPEAL WELCOMES YOU TO ONE OF CHANDLER'S FINEST CUSTOM NEIGHBORHOODS. FANSTASTIC OPEN FLOOR PLAN BOASTS OVERSIZED GOURMET KITCHEN, PRIVATE POOL, OUTDOOR BBQ AND MUCH MORE. MUST SEE!

Entertainer's dream home includes gorgeous kitchen with granite, 42" maple cabinets, 4 burner Viking gas cooktop, Wolf double ovens & Subzero refrigerator. Salt water pool, gas BBQ, firepit and more!

Approx. 3014 sq. ft. / 4 bedrooms / 2 baths

Approx. 4706 sq. ft. / 5 bedrooms / 4.5 baths

Approx. 2795 sq. ft. / 4 bedrooms / 2.5 baths

OFFERED AT $375

OFFERED AT $750,000

OFFERED AT $459,800

DEBORAH BREWER 602-228-7280 www.dbrewerrealestate.com

ALLYN BARNUM 602-369-6000 www.allynbarnum.com

WENDY WAGNER 480-215-0133 www.azpartnersinrealestate.com

SHORT-SALE

- Gracious Corner lot & a home loaded

MLS # 4447717

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w/ upgrades. Chef’s kitchen w/ extended cabinets & granite counters in Brkfst Rm, island w/ Brkfst bar & fantastic views from great rm to bkyrd with sparkling pool MLS # 4437588

VILLAS AT OCOTILLO

CANYON OAKS

NO HOA

STUNNING SANTA BARBARA STYLE VILLA IN THE HEART OF OCOTILLO. LAKE FRONT FORMER MODEL LOADED WITH QUALITY UPGRADES THROUGHOUT. GOURMET KITCHEN, FRENCH DOORS, SALTILLO TILED PATIO, GATED COMMUNITY.

BEAUTIFULLY APPOINTED & TASTEFULLY REMODELED HOME LOADED WITH UPGRADES INCLUDING GOURMET KITCHEN, TRAVERTINE TILE, VAULTED CEILINGS, FENCED POOL & BUILT IN BBQ FOR OUTDOOR ENTERTAINING. GREAT BUY!

MLS # 4444760

Beautiful, easy to build lot in already developed area with NO HOA! Gently sloping lot has beautiful views of the surrounding mountains. NOT A FORECLOSURE OR SHORT SALE. Teriffic price for this lot. MLS # 4347862

Approx. 3070 sq. ft. / 4 bedrooms / 3.5 baths

Approx. 2980 sq. ft. / 5 bedrooms / 3 baths

Approx. 12,210 sq. ft.

OFFERED AT $425,000

OFFERED AT $269,000

ALLYN BARNUM 602-369-6000 www.allynbarnum.com

ALLYN BARNUM 602-369-6000 www.allynbarnum.com

MLS # 4446480

30 | PROPERT IES M AGAZ I N E | Fal l | 201 0

OFFERED AT $100,000 SUE SCHUMACHER 480-861-8857

We’re a fair housing provider.


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H o m e s | F ou n tai n H ills ~ P hoe n ix

VAL VISTA

- Brand new home in gated community offers some of the best views in the Valley. Gourmet kitchen, main floor master,game room with wet bar, pool and heated spa. May be furnished winter rental for $8,000 MLS # 4412069

upgraded home. Cozy family rm w/stone frplc. Game rm with wood laminate floor. Extra loft area. Huge master. Pebble tec pool, sport court, dog run and grass lawn. MLS # 4443378

TURNKEY Fully Furnished, Front gated Cobblestone Courtyard, Two Masters Split, PERFECTLY MAINTAINED, 12FT ceilings, Cantera Stone Fireplace, Rounded Hallways, EXTENDED Garage, Heated Pool, Hillside MLS # MLS 4455255

Approx. 4072 sq. ft. / 4 bed. + den / 3.5 baths

Approx. 3423 sq. ft. / 4 bedrooms / 2.5 baths

Approx. 3074 sq. ft. / 3 bedrooms / 3 baths

OFFERED AT $325,000

OFFERED AT $672,000

SUE SCHUMACHER 480-861-8857

KIMBERLY WANG CDPE 480-603-6406 www.AZMovingPlan.com

KATHLEEN WARD 602-481-5577 www.ward.com

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GRAND LAS SENDAS HOME

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- Great living space in this gorgeous

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AMAZING VIEWS RENTAL

OFFERED AT $4,500

SHORT-SALE

LAS SENDAS

HIGLEY AND 60 - Calling Investors !Short Sale Single

COTTAGE GROVE ESTATES

SHORT-SALE

MLS # 4454695

Family with 3 bdrms/ 2.5 bths/ RV gate/ 2 car garage. Granite Tile kitchen. Cathedral Ceilings. Built in 2002. In gated community, community pool, park, BBQ area. MLS # 4455723

Approx. 2,732 sq. ft. / 5 bedrooms / 3 baths

Approx. 1899 sq. ft. / 3 bedrooms / 2.5 baths

Approx. 1556 sq. ft. / 3 bedrooms / 2.5 baths

OFFERED AT $359,900

OFFERED AT $159,900

OFFERED AT $130,000

DAVID JOHNSON 602-290-0336 artlvrs@aol.com

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

KIMBERLY WANG CDPE 480-603-6406 www.AZMovingPlan.com

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MLS # 4446027

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Move into this immaculate two story home located in gated community with lovely amenities including pool and spa. You'll love the light and spacious feel, neutral paint colors & immaculate condition.

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Exceptional Palo Verde Plan in beautiful Las Sendas in East Mesa. Kitchen coutertops and all appliances replaced in 2007. Large back yard overlooks tee box on golf course and mountain views abound.

PEORIA TREASURE - This home is turn key ready.

ARCHITECTURAL GEM

WOW Price and Feels like NEW! Crisp, light and bright 5 bdrm+den+exercise room, 6480 sq ft, hickory floors, high ceilings, all the extras. Big lot, Pool, Mountain Views, incredible entertaining home.

SHORT-SALE

MLS # NEW LISTING

Immaculate 3 bedroom, split master,2 bath home in brand new subdivision. Homes are still being built but none have the custom features and full landscaping w/spa/bar. MLS # 4455374

Quietly nestled in the hills of the Phoenix Mtn. Preserve, this classic mid-century modern home offers a quiet and private locatioin with city and mountain views and outstanding landscaping. MLS # 4444778

Approx. 6480 sq. ft. / 5 bed. + den / 4.5 baths

Approx. 1406 sq. ft. / 3 bed. + den / 2 baths

Approx. 1912 sq. ft. / 2 bed. + den / 1.75 baths

OFFERED AT $1,999,999

OFFERED AT $165,000

OFFERED AT $638,000

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

ROSEANN MARCHETTI 480-748-1312 www.roseannmarchetti.com

DAVID OESTERLE 602-920-6888 www.HomeTeamAZ.com

We’re a fair housing provider.

20 1 0 | Fa l l | PRO P ERT I ES M AGA ZINE | 31


DEAN SELVEY - THE DEAN SELVEY GROUP

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480-254-6444

Approx. 2378 sq. ft. / 4 bedrooms / 3 baths

Approx. 1980 sq. ft. / 3 bedrooms / 1.75 baths

OFFERED AT $354,900

OFFERED AT $250,000

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

DAVID OESTERLE 480-355-3525 www.HomeTeamAZ.com

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OFFERED AT $625,000

MLS # 4273666

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Approx. 2660 sq. ft. / 3 bedrooms / 3 baths

MODEL PERFECT! Stunning, Central Phoenix remodeled home! Large corner lot with mountain views. Gourmet kitchen with cherry cabinets, pull out drawers, Stilestone quartz counters and butlers corridor. MLS # 4429010

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Piestewa Peak Hillside Residence! Spectacular unobstructed views, vast patios, villa styled courtyard, custom awnings & breezeways. This cool oasis on a mountain backdrop is an amazing value!

WOW LOCATION! Over 2300 sq ft, 4/3plan, AND HUGE Lot minutes to Biltmore Fashion Square . New carpet and paint, Close to hiking & I-51. Spacious living, separate guest house. Single story rambler/ Madison schools.

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MILLION DOLLAR VIEWS!

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H o m e s | P hoe n ix ~ Q uee n C reek

SONORAN FOOTHILLS

BILTMORE AREA CHARMER

SWEEEET!!!

Remodeled ranch style home w/ rare 2 car detached garage! Hardwood floors, custom paint, wood blinds, & crown molding make this home warm & inviting. Lush trees & gardens surround custom deck in back.

Beautifully re-modeled, impeccably maintained home w/2-Car Garage. Huge pie-shaped lot w/Gorgeous Mountain Views. RV Gate, Pool/SPA and plenty of room for TOYS -- a true backyard fantasy!

SHORT-SALE

MLS # 4448300

- Elegant single level home in gated community. Gourmet kitchen w/granite slab counters and JennAir Stainless Steel appliances. Outdoor living with salt water pool, spa, bbq and bar area. 4 car garage. MLS # 4406701

Approx. 1274 sq. ft. / 3 bedrooms / 1.5 baths

3 bedrooms / 2 baths

Approx. 4342 sq. ft. / 4 bed. + den / 4 baths

OFFERED AT $194,800

OFFERED AT $115,000

LINDA CAYLOR 602-686-2588

GAIL MARTIN 480-502-5718

SPRAWLING 6 BEDROOM

OFFERED AT $450,000

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EMILY EFIRD 602-762-9996 www.AZMovingPlan.com

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MLS # 4460566

TRAMONTO - Gated community. Shows like a model

BRAND NEW MARACAY

Comfortable open layout w/huge bedrooms, gourmet kitchen w/island, updated tile, fireplace, tons of natural light, and a very private master retreat with jetted tub. Pool! No HOA.

SHORT-SALE

w/soaring ceilings, designer colors, impeccable taste and finishes throughout. Backyard with resort pool, rock waterfall, and built in gas barbeque. Call today!

MLS # 4436336

New Maracay home close to shopping and other amenities. Beautiful upg cabinets, gas range,micro,pantry. Mstr has sep tub & shower. Oversized laundry room. Lots of upgrades. Builder Warranty,Avail now. MLS # 4430982

Approx. 3720 sq. ft. / 6 bedrooms / 3.5 baths

Approx. 2401 sq. ft. / 3 bedrooms / 2 baths

Approx. 2081 sq. ft. / 4 bedrooms / 2.5 baths

OFFERED AT $399,000

OFFERED AT $250,000

OFFERED AT $142,500

KIMBERLY WANG CDPE 480-603-6406 www.AZMovingPlan.com

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

DAN MULLARKEY - THE DEAN SELVEY GROUP

480-296-5959

32 | P ROPERT IES MAGAZ I N E | Fal l | 201 0

We’re a fair housing provider.


H o m e s | R io V erde ~ S cottsdale

GOLF LOVER'S DELIGHT

Scottsdale Ranch!

Excellent lot, amazing price. Level, and easy to build upon. Build your dream home on this street of upscale homes. Beautiful golf course just down the street. Adult (55+) community of Tonto Verde. MLS # 4342292

Outstanding, remodeled home in Scottsdale Ranch. Features include formal lining and dining. family room with wet bar and fireplace, large kitchen with granite counters and a large loft / game room. MLS # 4428636

Approx. 22503 sq. ft. OFFERED AT $125,000

OFFERED AT $549,900

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DAVID OESRERLE 480-355-3525 www.HomeTeamAZ.com

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SUE SCHUMACHER 480-861-8857

Approx. 4097 sq. ft. / 4 bed. + den / 2.5 baths

STONEGATE- VINTAGE - Incredible Price for Gated Stonegate

REAL CHARMER !

with over 2600 sq ft- Gigantic Great Room- Granite counters- Travertine flooring- berber in bedrooms. Community Olympic pool, spa, tennis, trails, guard gated. MLS # 4456810

Bright single level Ranch neighborhd Activities. Media Guest BR, Open yard.

Approx. 2625 sq. ft. / 4 bedrooms / 2 baths

Approx. 1603 sq. ft. / 2 bed. + den / 2 baths

OFFERED AT $489,000

OFFERED AT $349,000

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

MARTY AND ELLEN 480-626-3992 www.AlwaysOpenAZ.com

ne of the best places to live in America, Scottsdale is home to some of the finest homes, shopping, dining and recreation. It is known for its golf courses and its relaxed attitude, and its residents boast that it feels like being on vacation 365 days a year. Scottsdale Ranch is one of Arizona’s premiere master-planned communities, featuring a variety of upscale residential living options and a wealth of luxurious amenities. Convenient to all that Scottsdale has to offer, Scottsdale Ranch has it all, including Lake Serena, a five-mile-shoreline body of water that offers pure serenity to residents.Views of the McDowell Mountains and a very active community are what make this part of Arizona the place to be. Scottsdale Featured Home

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nestled in award winning Scotts with Heated Commun Pool/Spa, Room/Office, lg Master Suite. Kit, small private wrap-around

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SHORT-SALE

Photo: Courtesy of Desert Ridge Marketplace

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Scottsdale

IMMACULATE HOME GREAT LOCATION IN NORTH SCOTTSDALE. REMODELED WITH NEW KITCHEN CABINETS AND COUNTERS. NEW CARPET AND TILE, NEWER APPLIANCES INCLUDING WASHER AND DRYER. ABOVE GROUND SPA. GREAT STARTER OR VACATION HOME MLS # 4440917

Approx. 1440 sq. ft. / 3 bedrooms / 2 baths OFFERED AT $249,900 PATTI THOMAS 602-538-0106 patti-thomas.com

We’re a fair housing provider.

GORGEOUS CUSTOM - Wonderful floor plan in guard gated community. Gourmet kitchen, huge master suite, private attached casita, pool, heated spa. Close to Mayo Clinic, great schools, and easy access to highways

RENTAL

MLS # 4454272

Approx. 4487 sq. ft. / 5 bed. + den / 4.5 baths OFFERED AT $4,500 SUE SCHUMACHER 480-861-8857

RESORT STYLE LIVING! Escape to your own Resort Style Yard in this Scottsdale Ranch Beauty! Upgrades everywhere inside & out! Plantation Shutters, Neutral Large Tile floors, Updated Kitchen & More! Very Special! 4448695

Approx. 2341 sq. ft. / 4 bedrooms / 2 baths OFFERED AT $424,500 SINDY READY 602-478-4017 www.AzGreatHomes.com

20 1 0 | Fa l l | P RO P ERT I ES M AGA ZINE | 33


ANCALA GOLF COURSE

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H o m e s | S cottsdale ~ Q uee n C reek

PRADO ESTATES

- Custom home in guard gated Ancala Country Club, house was designed for play. Wonderful outside bar, pool, and charming bistro scenes in the private front courtyard, with the golf course at the back.

RENTAL

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

Approx. 4061 sq. ft. / 5 bedrooms / 4 baths

OFFERED AT $1,625,000

OFFERED AT $4,500

KAREN GROBMAN PC, CDPE, CLHMS, E-PRO

480-688-0688 www.ArizonasHotProperties.com

MLS # MLS# 4354807

Approx. 2545 sq. ft. / 2 bedrooms / 4 baths OFFERED AT $675,000 POLLY REED 602-376-6874 J.R. Reed 602-910-4545

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SUE SCHUMACHER 480-861-8857

CHARMING & SPACIOUS Beautiful, spacious home with large courtyard area, outside full bath in cabana. Desert views of mtns, open great room with formal dining room. Extended-length 4-car garage, cabinets. Great kitchen.

BASEMENT HOME

MCDOWELL MTN. RANCH!

GORGEOUS SEDONA MODEL

Lots of square feet for the price! Gorgeous remodeled basement home with swimming pool in beautiful gated Maravilla. New appliances & granite, updated basement. Pool table and flat screen convey!

OVERSIZED LOT! Great Views & Lots of Sun! Lg.Kitchen! Backyard is Incredible! Private w/Pool & Waterfall! Community w/Rec Center,Tennis, Biking & Hiking Trails! Plus Sanctuary Golf Course! Beautiful!

Stunning 2 Split BR + Den & Office with tons of storage & many upgrades. Plantation shutters, Lovely tile, Bose surround sound, Security system, Flagstone patio with BBQ, Garage has own A/C unit.

MLS # 4455366

MLS # 4447161

Approx. 4274 sq. ft. / 4 bedrooms / 3.5 baths

Approx. 2132 sq. ft. / 3 bed. + den / 3 baths

Approx. 2,552 sq. ft. / 2 bed. + den / 1.75 baths

OFFERED AT $450,000

OFFERED AT $349,000

OFFERED AT $275,000

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

TERESA ATKINSON CDPE, CRS, REALTOR SINCE 1991

BILL WHITE 480-850-5018 www.billwhiteaz.com

MLS # 4374276

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480-235-7522 www.TheAtkinsonGroup.com

SUN CITY GRAND GEM!

SURPRISE FARMS - Wonderful Short-Sale Opportunity w/

Popular Del Webb retirement community! Wonderful Madera FP (greatroom 2/2+ den) MANY upgrades (extd/epoxy garage/blt-in BBQ/Private Yard/RO & Soft H2O) All apps incl! Golf/Fitness/Rec Ctr & More! MLS # 4458555

SHORT-SALE

Approx. 1627 sq. ft. / 2 bed. + den / 1.75 baths

Approx. 2285 sq. ft. / 3 bed. + den / 2.5 baths

OFFERED AT $225,000

OFFERED AT $134,900

SHARON COFFINI 480-225-5710 www.arizonahomegroup.com

MALINDA ODLE, ABR, ABRM, CRS, GRI, SRES

34 | P ROPERT IES MAGAZ I N E | Fal l | 201 0

1 Lender. Granite counters, stainless steel appliances, large second floor rec room, spacious owners suite, culde-sac type setting w/ comm park across the street.

MLS # 4436566

602-793-1968 Email: irongateliving@yahoo.com

CHARMER IN TEMPE SHORT-SALE - Beautiful, Updated N/S Home in Awesome Location near ASU & Freeways. Wood Floors, Dual Pane Windows, Brick Fireplace, Ceiling Fans, Terrific Floor Plan. For 24-Hr Recorded Info 480-374-1710 Code 10951 MLS # 4443147

Approx. 2086 sq. ft. / 4 bedrooms / 3 baths BETH STEIL 480-326-0969 www.BethSteil.com

We’re a fair housing provider.


Condos

High Rises and Lofts

Photo by Connie White

W

hen it comes to the Valley’s housing market, a new catchphrase can be heard among real estate professionals: There’s no place to go but up. With the Valley’s continued growth over the years, land is becoming scarce and new home developments are harder to come by. However, the market has answered back by offering buyers a wide variety of options in condo, townhome, loft and high-rise living. There is a very diverse market for condominiums in the metro Phoenix area. In the southeast Valley, historic downtown Chandler is becoming a hot condo market while upscale condo towers along Tempe Town Lake are making this once small college town a definitive locale for luxury high-rise living. Scottsdale continues to be a much sought after area, particularly with such options as the Scottsdale Waterfront in Old Town and Kierland Commons in north Scottsdale. And Phoenix is experiencing resurgence with a wide variety of options downtown along the Central Avenue corridor, as well as developments in the upscale Biltmore area. Condos, high-rises and lofts create a varied inventory of style and prices, starting at $100,000 and topping out at more than $1 million. Suburban condominium communities create an affordable

niche in the market, with prices less than the median housing price in most locations, while urban lofts and condos are selling well with prices from the $300,000s and up. Throughout the Valley, many new townhome, loft and patio communities are under construction or in the planning stages. Financing is still readily available for owner-occupants and many lower-priced condo communities are FHA approved, which allows

for minimal down payments up to approximately $400,000 sales price. Many developers are also offering significant sales price concessions or other incentives to attract buyers. Consider the pros and cons of owning a condo before making your decision. View several homes and condos so you can compare the benefits and costs of each. Also, find a dependable Realtor who will help you compare both homes and condos.

Just the Stats: Condos, High Rises and Lofts (under $1 million) City

Avg. sales price

List/sell ratio

Avg. sq.ft

Avg. sq.ft.

Biltmore

$93,395

95%

1,060

$80.07

Chandler

$87,919

96%

1,168

$73.19

Fountain Hills

$167,647

94%

1,467

$107.42

Phoenix

$71,166

96%

1,099

$61.45

Scottsdale

$152,111

95%

1,200

$118.15

Valleywide

$93,437

96%

1,149

$75.92

Sales reflect July 1 to Sept. 30, 2010, Arizona Regional Multiple List.

did you know? South Mountain Park in Phoenix covers more than 20,000 acres, making it the largest city park in the world. 20 1 0 | Fa l l | PRO P ERT I ES M AGA ZINE | 35


GOLF LOT VILLA

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C o n d o s | A pache J u n ctio n ~ North S cottsdale

NICE COMPLEX & CONDO!

- Best 2005 Golf Lot Villa in gated

- Fully furnished! 2 bed/2 bath. Unit has

FASHION SQ. BEST BUY!

covered balcony and storage closet. Bedrooms are split and both have walk-in closets. Washer/Dryer/Refrigerator Included. Also for Sale MLS#4402780 MLS # 4402800

Approx. 1483 sq. ft. / 2 bedrooms / 2 baths

Approx. 975 sq. ft. / 2 bedrooms / 2 baths

Approx. 3200 sq. ft. / 3 bedrooms / 3.5 baths

OFFERED AT $190,000

OFFERED AT $800

OFFERED AT $659,000

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

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

ELLEN BLUM - MARTY LEHMAN 480-570-9500 www.ArizonaExclusiveProperties.com

- Luxurious comtemporary living in

this upscale two bedroom, two bathroom condo appointed with the finest finishes. Award winning complex with top amenities incl fitness center near downtown Scottsdale MLS # 4274754

2 bedrooms / 2 baths OFFERED AT $379,000 FRANCES V. IOBST 602-625-6545

Scottsdale - Stunning Mountian/Water Views! Waterfront Condo! Remodeled beautifully with stainless appliances, stone countertops, fixtures, gated, garage. 2 community pools/spas, workout/steam room

MLS # 4405802

SCOTTSDALE CONDO - LOCATION! GATED 2 BD 2 BA Close to Old Town Scottsdale, Mall & 101. 2 Full Baths. Inside Laundry Area. Front overlooks pool. Walkin mstr closet, Balcony. Convenient Covered Parking. MLS # 4459141

SHORT-SALE

Approx. 860 sq. ft. / 2 bedrooms / 2 baths

OFFERED AT $298,000

OFFERED AT $82,500

BARBARA LONDON 602-363-6107

MELANIE SANDERS 480-570-5203 YourArizonaHomeSpecialist.com

Sc Nor ott th sd ale

Sc Nor ott th sd ale

http://www.yourarizonahomespecialist.com/

WATER EVERYWHERE

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GREAT OPPORTUNITY SHORT-SALE

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Toscana Villas in Gold Canyon. 2/2 split floorplan- no expense spared. Gourmet kitchen, two view covered patios to take in the Superstitions. No neighbor to the east. MLS # 4430405

WOW...3 Master Suite Patio Home, Guard gated Lux PAVOREAL.Camelback Rd 1 block frm Fashion Square.Heated Comm Pool/Spa. Charming Southwest Model by Famed Architect. Priv Yard, Koi Pond. Amazing Value!

SHORT-SALE

DC RANCH

2-BED AT THE ALLISON

THE ALLISON

Ground floor unit with high ceilings located in an upscale community with great amenities. Fitness center, resort pool and spa, clubhouse and more. Close distance to DC Ranch Market Street.

FULLY FURNISHED Luxury 2 bedroom condo. Granite countertops, 42" maple cabinetry, stainless steel appliances & ceramic flooring. Resort-style pool & spa w/gazebo & beautiful clubhouse. FHA Approved!

FULLY FURNISHED! Luxury condo in prime North Scottsdale location, resort-style pool area & clubhouse, plus gorgeous interior upgrades! FHA approved, too! Best Value in Scottsdale!

Approx. 1015 sq. ft. / 1 bedroom / 1 bath

Approx. 1108 sq. ft. / 2 bedrooms / 2 baths

Approx. 822 sq. ft. / 1 bedroom / 1 bath

OFFERED AT $150,000

OFFERED AT $139,900

OFFERED AT $104,900

THOMAS TISCHER ABR CDPE CNE CRS SFR

DEAN SELVEY - THE CONDO PROS 480-254-6444 www.TheAllisonScottsdale.com

DEAN SELVEY - THE CONDO PROS 480-254-6444 www.TheAllisonScottsdale.com

480-231-0782 www.tischerrealtor.com

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COME PLAY TODAY HANDS-ON! EDUCATIONAL! FUN! 215 North 7th Street Phoenix, AZ 85034 602.253.0501 www.childrensmuseumofphoenix.org


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.

aps.com


Tucson

Southern Arizona Market

T

ucson real estate is flourishing and it’s easy to see why. The charm of Tucson lies in its ability to mix the old with the new. While it’s becoming an increasingly progressive city and one of the fastest-growing urban areas in the United States, both its government and residents are still able to successfully preserve its Western history and at the same time protect its natural environment. Tucson is known for having ideal weather — it has a sunny, dry climate that makes it very attractive not only for tourists but for people looking to settle. In fact, Tucson’s population is now pushing 1 million and it continues to grow. The boom in Tucson real estate started in 2004, when total sales volume of homes in the vicinity increased by a little more than 55 percent. In the same year, the number of residential units alone rose from around 960 in November to a whopping 1,200 only one month later. Tucson real estate deals also close quicker than the national average. In fact, historical data has shown that

nearly 60 percent of homes in the Tucson area get sold within 30 days of listing. This is attributable to the fact that most Tucson homes are considered to be very good deals for buyers; the city is very livable and the Tucson economy has become conducive to young families, recent graduates and retirees. So is it time to buy a home in the Tucson and surrounding areas of Oro Valley, Marana and Vail? Without a crystal ball, it is very difficult to predict whether Tucson is actually at the bottom of the market. There are many factors that affect different aspects of the market. Sales of homes in the $100,000s and $200,000s has been strong in some parts of Tucson, due to a good amount of foreclosures and short sales in this price range. There has also been a decrease in pricing in the Tucson luxury home market, as builders and homeowners reduced their home pricing. This has resulted in some activity in the market. Also, the new Ritz-Carlton Resort in Marana is due to open this winter, which will help bring the luxury homebuyer to the Tucson and Marana real estate market.

Some areas of Tucson have actually seen a slight increase in price as they bottomed early with many investors defaulting from the boom of 2005. Now, multiple offers have been made on the foreclosure properties, particularly in such developments as Continental Ranch and Rita Ranch, popular areas for employees of nearby Raytheon and Davis Monthan Air Force Base.

Tucson Area Average Sale Price North Tucson Area

$372,426

Northeast Tucson Area $268,091 Central Tucson Area

$140,910

YTD Tucson Area

$193,691

(For September 2010) Information by the Tucson Association of REALTORS®

did you know? In May 2009, Fast Company magazine ranked Tucson as one of the top 12 “Fast Cities” in the world. 20 1 0 | Fa l l | P RO P ERT I ES M AGA ZINE | 39


Money Watch Pre-Approved vs. Pre-Qualified The words look and sound the same, but being pre-qualified and pre-approved for a home loan are two different things. Here’s a look at how they differ:

Fannie Mae Partnership with Tucson Association of ® REALTORS , MLS, Inc. Benefits Short Sale Sellers and Buyers

Pre-Qualified Pre-qualification involves providing the lender with basic personal and financial information, including how long you’ve lived at your current residence, total income, total debts, current assets and your credit standing. The lender will use this information to estimate what you’ll be able to borrow and the price range for your new home. While this information is important in terms of budgeting for your home, it may not impress the seller if you’re hoping to use it as a bargaining tool. Sellers are aware that the mortgage lender is not committed to providing you a home loan as a result of running these numbers for you. And, because the lender did not verify your accounts and debts or your credit report, the pre-qualification letter will be filled with disclaimers subject to such things as a formal mortgage application, employment verification, verification of assets, overview of debts, credit rating and score, and additional underwriting guidelines.

Pre-Approved A mortgage pre-approval takes the prequalification process a few steps further and requires a formal application process. Be prepared to provide pay stubs, tax returns and W-2s, proof of other income and assets, bank records, source of your down payment, employment information and current debt, among other things. Upon approval you will receive a formal pre-approval letter, a written commitment from your lender that your sellers will be able to see.Your mortgage loan will be fully approved when the appraisal is complete, the title search is done, your information is re-verified and a credit-check is re-run. A pre-approval will impress a seller and will give you even more confidence regarding your home buying budget. And, as a bonus, getting financing out of the way will let you focus on picking the right home in the right neighborhood.

T

ucson Association of REALTORS®, MLS, Inc. has been working closely with Fannie Mae for more than a year in a mutual effort to streamline the local short sale process for the benefit of our members’ clients and customers. Tucson Association of REALTORS®, MLS, Inc. contracted with Fannie Mae to provide access to Tucson Association of REALTORS®, MLS, Inc. data, allowing the company a unique opportunity to more accurately value properties for sale in the Tucson area. This joint effort has streamlined the short sales process and reduced the time from contract to closing in the Tucson marketplace. “Tucson Association of REALTORS®, MLS, Inc. provides Fannie Mae with data to improve valuations and make quicker decisions regarding local short

sale transactions, which results in faster sales at fair market valuations and contributes positively to neighborhood stabilization,” said Marcel Bryar, Fannie Mae vice president. “The number of days needed to obtain lender approval for a short sale is excruciatingly long,” said Dan Santa Maria, board president of Tucson MLS. “Reducing the time required for the short sale process through our partnership with Fannie Mae has helped reduce the stress for the seller and buyer, making it easier to complete the sale.” The Multiple Listing Service (TAR/MLS), a wholly-owned subsidiary of the Tucson Association of REALTORS®, is a reliable, cooperative real estate database of listing and sale information in Southern Arizona.

Tucson Area Utilities Southwest Gas

(520) 889-1888

Tucson Electric Power

(520) 623-7711

Trico Electric (Marana & Outlying Areas of Tucson)

(520) 744-2944

Tucson Water Department

(520) 791-3242

Tucson Metro Water District (portions of Northwest Tucson)

(520) 575-8100

Oro Valley Water and Sewer

(520) 229-5000

Tucson Phone Service - Qwest

(520) 618-3700

Comcast Digital Cable

(520) 744-1900

Cox Communications (Cable)

(520) 884-0133

Tucson Solid Waste Management Department

(520) 791-3175

Waste Management

(520) 744-2600

did you know? Tucson is the oldest inhabited settlement in the U.S. Natives settled here nearly 3,000 years ago. 4 0 | PROPERT IES MAGAZ I N E | Fal l | 201 0


Oro Valley / Tucson 11115 N. La Canada Dr, Suite 155 Oro Valley, AZ 85737 Office 520-461-1255 Fax 520-461-1256 Toll Free 800-944-3694

Item No. 77943

20 1 0 | Fa l l | P RO P ERT I ES M AGA ZINE | 41


locally owned and operated

contemporary.

years of warmth, comfort and passion. simplicity.

for the way we live.

today and tomorrow.

PHOENIX 1701 E. Camelback 602-266-8060

contemporary furniture & accessories

SCOTTSDALE 15804 N. Scottsdale Rd. (South of Bell) 480-367-6401

TEMPE 2346 E. Southern (at 101) 480-838-3080

www.copenhagenliving.com


T u cs o n A rea | T ucso n

HONEY BEE CANYON

Exceptional gated community bordering state owned land in Oro Valley's Honey Bee Canyon offering unprecedented FOREVER Pusch Ridge, Catalina, & downtown city lights views. 3426 S/F open flr plan w/ walls of windows , 22' plaster ceilings w/lit domes, 2 flr to ceiling Grand Canyon natural stone fireplaces, Italian Travertine flrs & baseboard, 3" bullnosed granite counters in the kit & MBR bath w/ granite flr to ceiling snail shower w/dual heads. Dual top of line appliances in kitchen. Full garage cabinetry in 3-car garage. Terraced patio with infinity pool, spa, water feature, and fireplace. Unbelievable views and privacy.

Approx. 3426 sq. ft. / 3 bedrooms / 2.5 baths OFFERED AT $1,100,000 | DICK & MISSY SURGES | 520-219-3800 | www.dicksurges.com

BREATHTAKING VIEWS!

Built in Pusch Ridge and over looking Oro Valley home features 360 degree views of Catalina Mountains and City Lights! Beautiful Quality Custom Built Pusch Ridge Home. The heart of this home is built entirely around a Great Room w/fireplace. Home features 4 bedrooms (split) 5 baths, Gourmet Kitchen w/granite counters, Alder cabinetry, upgraded Kitchenaide Superba appliances. Master bath w/Jacuzzi, 3 car garage w/work area & 1/2 ba. Backyard features covered patio, Pebbletec pool and Spa all with MLS # 21011807 breathtaking views! Energy Plus certified, heavy insulation, Anderson Windows and doors, Hunter fans, and copper plumbing throughout! Handicap access

Approx. 2773 sq. ft. / 4 bedrooms / 4.5 baths OFFERED AT $849,000 | MARK "DUKE" SCHNEIDER | 520-990-1977 | eHomeSearches.com

We’re a fair housing provider.

20 1 0 | Fa l l | P RO P ERT I ES M AGA ZINE | 43


T u cs o n A rea | T ucso n

3438 W. MOORE RD.

LA RESERVE

This custom home is defined by elegant Mediterranean architecture, comprised of 3240sf., 3 BDRM, Canterra stone, concrete floors, wood beamed ceiling, gourmet kitchen, granite, stainless steel, fireplace, over sized 3.5 car garage, & 4.26 acres of natural desert surrounded by mountain views. Located near Saguaro Ranch & Ritz Carlton Golf & Country Club. MLS # 20926644

Gorgeous Custom Home nestled in the foothills in the prestigious Wilderness Estates III of gated La Reserve. Elegant flowing tri-level floor plan. Private Master Suite wing with private patio. Features great room w/fireplace, coffered ceilings, Smart Panel for latest in technology and fantastic views. MLS # 21013984

Approx. 3240 sq. ft. / 3 bedrooms / 2.5 baths

Approx. 3075 sq. ft. / 4 bedrooms / 2.5 baths

OFFERED AT $900,000

OFFERED AT $594,000

DON & KATHY VALLEE 520-544-5555 www.ValleeGoldTeam.com

DAN & PENNY GEBHART 520-977-7975 www.danandpennygebhart.com

INCREDIBLE VIEWS!

THE BETTER LIFE!

NW Oro Valley Custom on a .47 acre lot in Gated Sunstone Estates. Spectacular Mountain Views! Split bedroom plan, 3 car garage, new kitchen granite counters, appliances and cabinets. Large Greatroom with fireplace. Separate rec room. Enjoy the Cool pool and heart shaped spa. Oasis Backyard great for entertaining. Minutes to Golf, Shopping and Dining. Upgrades throughout. Truly a must see ! MLS # 21025293

Designed and built by an architect for his family, this custom home has an ease of living floor plan. Situated on more than 8/10 of an acre, views to the Catalina Mountains are unobstructed. The resort like back yard features a pool, firepit, conversation areas, barbeque, and fireplace with Mexican tile, a gathering place for friends and family. In the Casas Adobes area, this home ranks #1!

Approx. 2800 sq. ft. / 3 bed. + den / 3 baths

Approx. 2086 sq. ft. / 4 bedrooms / 1.75 baths

OFFERED AT $415,000

OFFERED AT $330,000

SUSAN HERLONG 520-297-4600 www.tucsonaz.com

TERRY BISHOP 520-884-7201 http://www.terrybishop.com

4 4 | PROPERT IES M AGAZ I N E | Fal l | 201 0

We’re a fair housing provider.


T u cs o n A rea | T ucso n

WWW.800PALISADES.COM

ORO VALLEY

LA RESERVE

Spectacular custom home on 1.97 acres, unparalleled Pusch Ridge mountain Views, solar heated 50’ pool, & putting green. An entertainer's delight featuring a spacious floor plan. MLS # 21027196

Designed w/contemporary flair. Custom home w/gourmet kitchen, great room, formal dining and bonus room, on .70 acre corner lot in gated community. Unobstructed mt. views, pool/spa. MLS # 21023246

This contemporary home nestled on a 1/4 acre in the prestigious gated community of La Reserve has been totally updated and sports awesome mountain views, new kitchen, new baths and slate floors too.

Approx. 3463 sq. ft. / 4 bed. + den / 3 baths

Approx. 2750 sq. ft. / 4 bedrooms / 3 baths

Approx. 2087 sq. ft. / 3 bedrooms / 2.5 baths

OFFERED AT $725,000

OFFERED AT $565,000

OFFERED AT $429,900

DON & KATHY VALLEE 520-544-5555 www.TucsonAZRealEstate.com

JULIE HILLEBRAND 520-975-2595 www.juliestucsonhomes.com

TOM SLOYAN 520-907-3690 TomsTucsonHomes.com

COPPER CREEK

ORO VALLEY BEAUTY

TUCSON COUNTRY CLUB

Gorgeous 2 story on private Cul-de-Sac lot with 4 bed, 2.5 bth, fireplace, 2 living areas, 3 car garage, entertainment/media room, pool,spiral staircase to upper deck, fabulous mountain & city views.

Beautiful Mediterranean style home on a extra large premium lot! Open floorplan includes cooks kitchen w/granite ctp, breakfast bar and family room w/fireplace. Professional landscaped yard with pool.

MLS # 21021866

Great opportunity! With TLC this home can become a show place. The open floor plan features walls of windows and French doors.The rear covered patio overlooks a sparkling pool & walled yard.

Approx. 3000 sq. ft. / 4 bedrooms / 2.5 baths

Approx. 3,032 sq. ft. / 4 bedrooms / 3 baths

Approx. 2989 sq. ft. / 3 bedrooms / 2.5 baths

OFFERED AT $429,000

OFFERED AT $410,000

OFFERED AT $399,900

DAN AND PENNY GEBHART 520-977-7975 danandpennygebhart.com

VALERIE CAREY 520-991-7066 ValSellsTucson.com

TOM SLOYAN 520-907-3690 TomsTucsonHomes.com

MLS # 21030551

SOMBRA HOME-1/3 ACRE

COPPER CREEK

Semi-custom Santa Fe on .35 acre lot with Catalina Mountain views. Spacious great room floor plan, large covered patio, heated pool & spa, beehive fireplace. Great neighborhood with private park!

BANK-OWNED

MLS # 21028830

BREATHTAKING MOUNTAIN VIEWS from backyard E-facing patio/pool/spa with natural desert behind. 4BR 3BA w/Granite kitchen, FP, tile down, carpet up. Solar screens. 3 car garage. A gem in Oro Valley. MLS # 21032021

Approx. 2000 sq. ft. / 3 bedrooms / 2 baths

Approx. 2186 sq. ft. / 4 bedrooms / 2.5 baths

Approx. 3612 sq. ft. / 5 bed. + den / 3 baths

OFFERED AT $344,900

OFFERED AT $319,000

OFFERED AT $318,900

LINDSAY LIFFENGREN 520-955-9005 www.LindsaySellsTucson.com

CATHY WHALEN, GRI, ABR 520-250-1938 www.cathywhalen.com

STEPHANIE B. KACHEROSKI 520-903-4356 www.StephanieSellsTucson.com

We’re a fair housing provider.

NW TUCSON- CATALINA - Spacious 5 Bedroom 3 Bath, 3 Car Garage, 2-Story Hill Top Home. Split Bedroom Floorplan. New Paint, Shampooed Carpets & Move In Ready! Spacious Backyard, Patio, Balcony, Pool & Panoramic Mtn Views! MLS # 21028307

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T u cs o n A rea | T ucso n

CUSTOM HOME-ACRE LOT

GOLF COMMUNITY HOME

CORTARO RANCH - NW

Beautiful home with room to roam. Spacious back yard with pool, spa & large covered patio. Fireplaces at both family & living rooms. 3 car garage + carport. Excellent value in desirable neighborhood! MLS # 21011397

Canada Hills Beauty in the El Conquistador Golf Community.Home is ready for the Buyer who wants to be close to the Golf Course.Saltillo Tile Throughout, SS Appliances, Granite and FPL. Owner/Agent

MLS # 21027381

2 story with resort style pool! Private backyard. Built in BBQ. Large and remodeled kitchen w/granite, center island,stainless steel. Beautiful sweeping staircase to 2nd floor loft & bedrooms. MLS # 21032151

Approx. 2441 sq. ft. / 4 bedrooms / 3 baths

Approx. 1495 sq. ft. / 3 bedrooms / 2 baths

Approx. 2591 sq. ft. / 4 bedrooms / 2.5 baths

OFFERED AT $279,900

OFFERED AT $249,900

OFFERED AT $239,900

LINDSAY LIFFENGREN 520-955-9005 www.LindsaySellsTucson.com

VALERIE CAREY 520-991-7066 www.ValSellsTucson.com

DAN AND PENNY GEBHART 520-977-7975 danandpennygebhart.com

GREAT ROOM LIVING

ACTIVE ADULT LIVING

VAIL AZ.

a great room and split bedroom floor plan. Upgrades include corian counters, 36" cabinets, lg tile in traffic areas, built in entertainment shelving & more.

Beautiful great room overlooks large back yard. Split bdrm plan offers privacy for guests. Bonus room can be used as office/den. Freshly painted & new carpet installed. Golf,Tennis,Rec center & more.

MLS # 21029209

MLS # 21028614

Immaculate home w/family room, formal living & dining & a spacious loft. Tons of tile in home, gas fireplace & upgraded light fixtures. Large landscaped backyard, has wide open feel. Built in 1994

Approx. 2353 sq. ft. / 3 bed. + den / 2 baths

Approx. 1463 sq. ft. / 2 bed. + den / 1.75 baths

Approx. 2234 sq. ft. / 4 bedrooms / 2.5 baths

OFFERED AT $230,000

OFFERED AT $224,900

OFFERED AT $199,000

LAURA LOMAN 520-907-5406 www.lauraloman.com

LAURA LOMAN 520-907-5406 www.lauraloman.com

JULIE HILLEBRAND 520-975-2595 www.juliestucsonhomes.com

SHORT-SALE

- Spacious Contemporary home features

NORTHWEST TUCSON SHORT-SALE

- Spacious 4 Bedroom 2 Bath with

PRIDE OF OWNERSHIP

MLS # 21029908

PRIME LOCATION - Priced right for First-time Homebuyer or those wishing to downsize. Open floorplan, spacious kitchen, large master, separate laundry, mountain views. Close to shopping, golf, short drive to I-10 fwy. MLS # 21012524

Separate Living Room & Dining Room. Cozy Fireplace in Family Room with Open Kitchen & Breakast Bar. Nicely Landscaped Back Yard. Close to Shopping & Schools! MLS # 21030533

ONE OWNER IN 50 YEARS! IMMACULATE EASTSIDE CHARMER BOASTS NEW CORIAN COUNTER TOPS, NEW COOK-TOP STOVE AND NEW A/C IN 07. FULL-LENGTH BACK PATIO OVERLOOKS THE SPACIOUS, LOW CARE YARD. MLS # 21030666

SHORT-SALE

Approx. 1968 sq. ft. / 4 bed. + den / 2 baths

Approx. 1480 sq. ft. / 3 bedrooms / 1.75 baths

Approx. 1627 sq. ft. / 3 bedrooms / 2.5 baths

OFFERED AT $175,000

OFFERED AT $150,000

OFFERED AT $135,000

STEPHANIE B. KACHEROSKI 520-903-4356 www.StephanieSellsTucson.com

CHIP ROCK 520-907-5642

JEFF COLLINS 520-818-8605 www.TucsonHome4Sale.com

4 6 | PROPERT IES MAGAZ I N E | Fal l | 201 0

We’re a fair housing provider.



Providing Real Estate Service to Arizona & Surrounding Communities Single Family Homes • Investment Properties • Short Sale Specialists

The Sign You Want. The Agent You Need.

INTRODUCING

RE/MAX agents possess the skill and expertise it takes to make your real estate transaction a successful one, no A 24/7 Information Service that is matter what the market conditions may be.

designed to help you get:

RE/MAX Sales Associates average more experience than INSTANT INFORMATION other real estate agents. And especially in today’s housing On Any MLS Listed Property In The Valley. market, experience means everything. So whether you’re buying or selling, RE/MAX can help you get the “Sold” sign you desire. Nobody in the world sells more real estate than RE/MAX.

Nobody in the world sells more real estate than RE/MAX.

Visit remax.com to view to more thanthan ever before, Visit remax.com viewlistings more listings ever before, and and to connecttowith a RE/MAX professional in your area. connect with a RE/MAX professional in your area.

SheaE. Shea Blvd. #100 Fulton Ranch 8510 8510 E. Shea Blvd. #10085260 4921 S. Alma School Rd. Scottsdale, AZ Scottsdale, AZ 85260 AZ 85248 Main: (480) 355-3500 Chandler, Main: (480) 355-3500 Main: (480) 883-9800 Toll Toll Free: Free: (888)(888) 899-0496899-0496 Fax: (480) 883-9804 TroonE. Jomax Rd. #100 Oro Valley / Tucson 10458 10458 E. Jomax Rd. #100 Scottsdale, AZ 85262 11115 N. La Canada Dr, Scottsdale, AZ 85262 Suite 155 Main: (480) 344-4400 Oro Valley, AZ 85737 Main: (480) 344-4400 Toll Toll Free: Free: (800)(800) 451-2811451-2811 Office 520-461-1255 Scottsdale Ridge

Fax 520-461-1256

Free 800-944-3694 21803 N. Scottsdale Rd.Toll#100 21803 N. Scottsdale Rd. #100 Scottsdale, AZ 85255 Scottsdale, AZ 85255 Main: (480) 850-5000 Main: (480) 850-5000 Toll Free: (800) 736-2974 Toll Free: (800) 736-2974

www.ExcaliburRealEstate.com www.ExcaliburRealEstate.com

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