RE/MAX Excalibur Properties Magazine - Spring 2009 by InMedia

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

Properties re/max

surrounding areas

excalibur

M A G A Z I N E

INSIDE n n n n

Whatâ&#x20AC;&#x2122;s New on the Market

Mortgage Info Tax Incentives Money Watch Sales Statistics

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

spring 2009

*Complete tear-out and disposal of old kitchen and appliances * Custom Stone Creek Cabinets Typical 10' x 10' Kitchen Layout *Granite counter tops (up to 60 sq. ft.) *Kitchen walls, ceiling & trim paint

*Whirlpool Stainless Appliance Package including range, microwave hood, side-by-side refrigerator and dishwasher. *Stainless sink, faucet & disposal

Stone Creek's “Move-in Ready” packages are designed to give your new home, or a home you have on the market, a quick and cost effective makeover. Choose from a variety of Move-in Ready packages that can include complete kitchen remodeling, indoor and outdoor painting, new bathroom, new carpet, and even Move-in Ready maid service. We can do it all in 30 days or less! At Stone Creek, we've been remodeling homes in the Valley for over 19 years and because you're buying direct from our factory, with no contractors commission, you'll save 25% - 50%. No job is too small or too large and we will not be undersold! See our "Move-In Ready" packages on the web at, stonecreekfurniture.com/moveinready or call 602-722-4026 for a free, no obligation in-home consultation.

stonecreekfurniture.com AZ LIC. ROC208075

Scottsdale Showroom 480.451.3100

Scottsdale Rd. & Loop 101

Arrowhead Showroom 623.334.4440 Bell Road & 77 Ave.

Phoenix Factory & Showroom 602.458.9800 I-10 freeway east of 40th St.

Chandler Showroom 480.857.6300

Chandler Blvd. & Metro

Goodyear Showroom 623.547.4800 Dysart & McDowell

Although it’s been the big buzzword in real estate today, the market is not all about “repo” properties. There is no question that today’s market is without precedence.There are incredible opportunities to buy real estate that, in previous years, has been unheard of. But no matter how great the buy, real estate is still a big investment and people continue to ask me, “What are the biggest mistakes buyers are making today?” Quite simply, there are three: n Buyers are limiting their offers to only REO or bank-owned properties.Yes, bank-owned properties are some of the best deals

in today’s market, but there are just as comparable deals with standard MLS listings.We are seeing sellers willing to part with their homes at prices that rival repossessed properties. Unfortunately, many buyers won’t even consider these alternatives. This issue is filled with properties that are model perfect and ready to move into. I think you’ll find most to be extremely competitive to distressed homes. n Constipation and carpel tunnel. Too many buyers today aren’t moving quickly on signing for a home! Deals are flying past their fingers due to lack of an ability to

make a decision. Don’t be the client who calls us a couple of years from now saying, “I wish I would have listened to you.” “We will all look back at this market as “the good old days.” n Listen to your real estate professional. There hasn’t been a time in the past few decades when a full-time Realtor has been more valuable in the buying process.

Everyday, we see bad advice being shared by licensed Realtors who have treated their profession as a “part-time” job.This market is moving too fast to not be engaged full time in order to capture the best property advantages. It is simply not adequate to just have a license and rely on the MLS for current information. I have been a successful businessman and investor for more than four decades. My physicians, CPA and Realtor have been keys to my success because I select the best and pay them well.This is the best advice I can share with my friends in this difficult time. Please enjoy our selection of spectacular properties presented in this issue of RE/MAX Excalibur Properties Magazine. Our valued full-time sales professionals are waiting to help you! Sincerely,

Howard Lein Owner, Re/Max Excalibur

On the Cover

Renaissance Masterpiece in Scottsdale This enchantingly elegant north Scottsdale estate offers the finest in detailed finishes and quality construction.With 7,905 square feet of sumptuous living space, the home sits on a quiet cul-de-sac conveniently located in a private enclave of 10 stunning homes. Enter through the dramatic entrance into warmth, richness and luxury, and you will understand why this home has been featured in several lifestyle magazines. A versatile floor plan boasts 6 bedrooms in 2 separate living wings, 5 full baths, 2 half baths, great room with full bar and wine room for informal gatherings, expansive gourmet kitchen featuring premium stainless steel appliances and beautiful alder cabinetry, step-down living room with dramatic stone hearth fireplace, raised dining room featuring coffered ceiling with crown molding, master retreat complete with private sitting room and romantic fireplace, huge bonus room with wet bar and fireplace, and an office/den featuring built-in cherry cabinets. Beautiful resort-style backyard with sparkling pool, spa, waterfall, slide and built-in barbecue.Two tiled patio areas provide plenty of outdoor entertaining space. A large laundry room and four-car garage with storage complete this lavish floor plan. Randi Christel (602) 370-2396 www.HomesByRandi.com

did you know? Phoenix has an average annual rainfall of only 7.6 inches and enjoys around 325 sunny days per year.

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

Excalibur Troon Office 10458 E. Jomax Road, Suite 100 Scottsdale, AZ 85262 (480) 344-4400 (800) 451-2811 Excalibur Fulton Ranch 4921 S. Alma School Road Chandler, AZ 85248 480-883-9800

Howard Lein, Owner Kris Anderson, CLHMS, ABR RECS, CMRS, HI

The 411: Bank-Owned Properties

Money Watch: Mortgage Outlook

How to Stage a Home for Sale

Listings RE/MAX Collection

Condos, High Rises & Lofts

Distinctive Living Listings

19 20-28

Condo Home Market Listings

Homes

Land

The Upside of Real Estate 31 Listings 32-39

The Valley’s Best Value Listings

41 42-43 45 46

Valuable Information

Publication Advisory Committee Rol Johnson, Designated Broker

Real Estate Features

Volume 2 | Issue 2

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

Participating Associates 11-13

16-17

Valley Map

13.22%

Rick Berry Director, Career Development

RE/MAX Market Presence

Karen Grobman PC, GRI, e-PRO, CLHMS

July 1, 2007 to June 30, 2008

Gayle Henderson, PC, CRS, GRI ABR, CLHMS

9.86%

Tyler Lein, Manager Dean Selvey, CRS, ABR

7.60%

Steve Siverson, REALTOR® Tom Tischer, Associate Broker, GRI

5.00%

Media Publishers Group 6360 E. Thomas Road, Suite 210 Scottsdale, Arizona 85251 (480) 588-9505 info@mpgcompany.com www.mediapublishersgroup.com © 2009 Media Publishers Group and RE/MAX Excalibur. RE/MAX Excalibur does business in accordance with the State and Federal Fair Housing Law, in the sale or rental of housing or residential lots, in advertising the sale or rental of housing, of the financing of housing and in the provision of real estate brokerage services. We are not responsible or reliable for misinformation, misprint, typographical errors, etc. which might appear in advertising. Reproduction in whole or part is prohibited. All rights reserved. If your property is currently listed with a broker, this is not an inducement to list your property. We will cooperate with your broker. All offerings subject to omissions, prior sale, change or withdrawal without notice. RE/MAX Excalibur Properties Magazine is published four times per year by Media Publishers Group, LLC, 6360 E. Thomas Road, Suite 210, Scottsdale, Arizona 85251 (480) 584-3750. For questions or comments about RE/MAX Excalibur Properties Magazine, contact the Media Publishers Group at (480) 588-9505 or via email at info@ mpgcompany.com. Equal Housing Opportunity. RE/MAX® is a registered trademark of RE/MAX International, Inc.

5900

4399 Realty Executives

3394 Keller Williams

2232 West USA

4.53%

2020 Century 21

4.17%

1861

INGS LIST SOLD

Coldwell Banker

Numbers reflect 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. Source: ARMLS Board of REALTORS and their Multiple Listing Service. Data maintained by the Associations may not reflect all real estate activity in a market.

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

Bank-Owned What You Need to Know About REO Properties

ank-owned properties. It’s the new buzzword in real estate. Drive down any Valley neighborhood and you’re sure to see “bank-owned” listed on a number of For Sale signs, signaling potentially the best bargain you’ll find on the market today. Simply put, bank-owned properties are homes that have been repossessed by a government agency or lender due to non-payment of the mortgage. In many cases, the lender or agency simply wants to get rid of the property quickly—even if it means selling it a low price.

buy properties at a fraction of their market value. In fact, bank-owned properties are priced at up to 5 to 50 percent off their market value. Another reason why bank-owned homes are sold

The Pros Bank-owned homes are a hot commodity for two major reasons: they are less expensive than conventional real estate and are inclined to be in reasonable condition. In addition, with today’s market saturated with a large number of bank-owned properties, buyers have the ability to choose a High Street at CityNorth in north Scottsdale. at below market value has to do with their condition. home that best suits their needs and requirements. If you’re in the market to buy a home or In some cases, the former owners were in financial property, you couldn’t be in a better position. trouble before their home was seized, meaning that Bank-owned properties are an excellent some repairs have not been made. This disrepair opportunity for anyone who wants to save money pushes the price of foreclosure bank owned properties on their next real estate purchase. Whether you’re down further. However, in other cases, bank-owned a homebuyer or investor, these offers allow you to properties require little more than a coat of paint and

Residential Average Sales by City Jan. 1 to March 31, 2009

City Sale Price

Carefree $615,074

Mesa $163,258

Cave Creek $388,678

Paradise Valley $1,530,959

Chandler $235,174

Phoenix $114,784

Fountain Hills $442,739

Scottsdale $492,407

Gilbert $220,265

Tempe $222,337

Maricopa County has approximately a 13-month supply of inventory. This does not include all builder inventory, only those specs that they choose to list in MLS. Source: Arizona Regional Multiple List all residential sales: homes, townhomes, condos and manufactured homes included.

some cleaning. These simple and inexpensive changes can save you thousands. The Cons Although bank-owned homes offer plenty of benefits, as with any major purchase, buyers should proceed with caution before purchasing. Every foreclosed property may not result in a great deal. Before making an offer to the bank, do your research. Make sure that the price is competitive with other homes in the area and no more than the market value. Also, find out about the structural condition of the home. Since it costs more for the bank to maintain a home, they are looking for a quick sale. Know what you’re getting into from a repair perspective before making an offer. The main thing you have to worry about when dealing with bank-owned homes is the fact that they go so quickly. In many cases, by the time a potential buyer finds the home, finds out it’s available and schedules a time to see it, the property has already been sold. Even buyers who move quickly and place a bid on the home the day they see it might still run into the chance of not getting it. The How-To’s When you make an offer on a bank-owned home, you are still entitled to a home inspection by a qualified home inspector. Keep in mind that the bank does not want to make any repairs. Make sure your offer reflects this. Another important point to consider is that if the property is in a homeowners association, make sure that the bank is going to pay all of the back dues and fines on the property as well as the back taxes owed. This normally is not an issue considering the title company won’t issue title insurance without these bills being paid. Also, make sure that the utilities aren’t going to hit you for back fees. The best advice is to ask as many questions as possible. Don’t be afraid to start with a low offer, working your way up. The fact that the bank is desperate to make a sale gives you a substantial advantage. They may be prepared to sell the property for a bigger bargain than you first thought.

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

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Money Watch Mortgage Rate Outlook With the economy in trouble and the declining housing market all over the news, it might surprise you that now is an excellent time to get a mortgage. Financial experts are saying mortgage rates will dip even lower in 2009, bringing up the question of whether it’s better to borrow now or wait for an even better rate. Here are some things to consider:

New Tax Incentives and Lending Requirements Thanks to attempts made by federal and state governments in the first quarter of 2009 to stimulate home sales, significant incentives for buyers seeking to take advantage of attractive housing prices have been created. Here’s a look: American Recovery and Reinvestment Act of 2009 Included in the Federal Economic Stimulus Plan, the federal government has increased the first-time homebuyer tax credit—first implemented by the Housing & Economic Recovery Act of 2008—from $7,500 to $8,000 and removed the requirement that it be paid back. Homebuyers must have purchased a home after Jan. 1, 2009 and before Dec. 1, 2009 to be eligible for the credit, which only applies to first-time homebuyers purchasing owner-occupied homes and not investment properties. State tax incentives Many state governments are also enacting legislation that provides further tax incentives for prospective homebuyers. For example, the California state legislature passed a new-home buyer tax incentive in its 20092010 budget. According to this incentive, purchasers of new single-family homes that have never been previously occupied, as their principal residence between March 1, 2009 and March 1, 2010 will receive a tax credit equal to the lower of 5 percent of the purchase price or $10,000. Currently, new homebuyers in Arizona can only take advantage of the federal tax credit of $8,000. Relaxed FNMA lending requirements investors Federal government sponsored enterprises have also reached out to real estate investors by providing them with increased ability to leverage funds and purchase more investment properties. Beginning March 1, 2009, Fannie Mae (FNMA) increased the maximum number of permissible financed properties from four home loans to 10 home loans for borrowers seeking to purchase non-owner occupied properties. Investors attempting to take advantage of this policy revision must: have a 720 FICO score or higher; show funds in reserve to cover six months of future payments; pay a 25 percent down payment; have no history of foreclosure or bankruptcy; have no delinquent payments within 12 months; and provide full documentation of all rental income. Time will only tell as to whether these incentives will revitalize home sales, in turn stabilizing housing prices and the economy as a whole. Low housing prices and interest rates combined with these new measures are clearly creating a housing market ripe for prospective buyers.

omparison shop – In a typical economy, C one loan is pretty much the same as any other, since most interest rates on 30-year fixed loans are grouped within about a quarter of a percentage point. This is not so today. With the uncertain economy, lenders vary greatly in terms of how much risk they’re willing to assume in loaning money. This is why it’s important to shop around. Keep checking often, since home loan rates are continually in flux.

Lock in a fixed rate for a new loan – Disregard what you might have heard in less troubled times about the pros and cons of fixed versus adjustable rate mortgages. Nowadays, you’ll always get the best deal on a fixed rate loan because this is the financial market that congress has designated for support. The time of securitized adjustablerate mortgages has come to an end, so most banks don’t want to originate ARMs. Lenders no longer offer attractive rates on these risky loans.

n Keep your ARM (for now) – If you already

have an ARM that is due for an interest rate adjustment soon, there’s no need to rush to get rid of it. Short-term interest rates have taken such a dive that you’re likely to actually see a reduction in your monthly payment. n Monitor your finances – With Fannie

Mae and Freddie Mac enacting stricter loan standards, your FICO score should be at least 720 to garner the best possible interest rate. For a large enough fee, however, both Fannie and Freddie will guarantee loans all the way down to FICO scores in the mid 600s.You may also need a 20 percent down payment. One of the biggest hurdles for many buyers has been the tightening of lenders’ debt-to-income standards. Monthly mortgage payments can’t be more than 28 percent of gross income for Fannie or Freddie conforming loans, and all monthly debt payments combined can’t exceed 36 percent of a borrower’s gross income.

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

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Sampling of East Valley Communities

Ask the Experts

Sales from Jan. 1 to March 31, 2009 Comparisons of single family homes only in these communities

Buyers and sellers ask the questions you want to know Q:What are the chances in a market like this that I can sell my property on my own? A:You may think it might not seem necessary, but by using a licensed Realtor, you have someone to protect your interests who’ll guide you along the right path. A real estate professional… n …knows about new developments

that might affect a property’s value. A good Realtor will know of proposed new developments that might affect different properties in which a buyer is interested. Whether these developments are positive or negative can be valuable information when weighing different housing options. n …can find potential problems with a property. It’s always a good idea to have a home inspector look at a potential house. However, a Realtor is a good first line of defense to see if a house has inherent problems. A Realtor can also know about common problems, such as foundation or electrical, that affect a particular neighborhood. n …understands contract specifics.

Whenever you buy or sell a house, you are entering into a large personal transaction. It helps to have someone on your side that deals with these types of transactions on a daily basis. n …helps save time when looking for

listings. Looking for listings without an agent can take up large chunks of time.When looking with an agent, you can see several homes in a few hours.When going it alone you have to call the listing agent for each house and wait at the house for the agent to arrive and open up the house.

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

Avg. Sales Price

List/ Sale Ratio

Apprx. sq.ft.

$ per sq.ft.

Cave Creek Tatum Ranch

$273,761

96%

2,192

$125.93

Chandler Cooper Commons/Cooper Corners

$225,871

94%

2,526

$89.71

$627,417 $693,500 $1,328,000

96% 91% 85%

2,953 3,164 4,500

$209.79 $209.77 $284.44

Gilbert Finley Farms Power Ranch Val Vista Lakes

$185,278 $236,112 $253,320

96% 97% 96%

1,976 2,423 2,030

$96.58 $99.34 $120.36

Mesa Dobson Ranch Las Sendas

$197,793 $501,923

97% 93%

1,925 2,920

$103.67 $154.19

North Phoenix Desert Ridge Tatum Highlands

$390,871 $251,162

94% 92%

2,829 1,974

$140.35 $129.74

Phoenix Biltmore

$297,702

94%

1,536

$154.95

$892,285 $1,675,000 $2,757,117 $1,844,800 $950,400 $348,113 $339,250 $1,281,250 $500,433 $792,968 $612,400 $603,667 $883,638

87% 90% 91% 81% 89% 92% 91% 97% 94% 89% 91% 94% 92%

3,170 4,406 5,669 4,708 2,908 1,741 1,252 3,968 2,308 3,683 2,992 2,810 3,661

$231.06 $364.46 $424.76 $363.46 $296.57 $171.56 $275.50 $292.34 $214.29 $196.38 $201.86 $210.53 $226.47

$226,250 $168,714

96% 94%

1,510 1,921

$151.81 $79.98

Fountain Hills Eagle Mountain SunRidge Canyon FireRock

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

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

did you know? With a population of over 1.5 million, Phoenix is the fifth largest city in the country and the largest capital city in terms of population. 8 | P R O P E R T I E S M A G A Z I N E | S pr i ng | 09

The Art of Home Staging How to Stage Your Home for Sale

It’s no secret that the real estate market has been nothing less than challenging for anyone trying to sell a house during the last few years. However, hope still remains for those in the know about the great benefits of home staging. Home staging is simply the art of preparing a home to appeal to the largest group of buyers through the careful use of furniture, lighting, art, accessories and color to accentuate the positives of the property. The fact is a house that is priced well and shows well, will sell…even in a down market. Putting your house on the market without staging it first is like showing up to a job interview in your pajamas.Your home might have a ton of great features, but if you haven’t staged it, you are just selling buyers on why they should buy the next house. If you are looking at staging your home before putting it on the market, here are a few areas to focus on: Maintenance – Don’t leave basic maintenance work for new buyers. They are looking for a home that is problem-free and ready to move into. A home clearly asking for maintenance work is an immediate turn off. Also, some maintenance work can cover the normal wear and tear signs as well. Outlook and doorway – First impressions contributes a lot towards the final decision of approval or rejection. You need to spend most of your time on improving the exterior and entrance of your home.The buyer should feel at home, the moment he or she arrives. Cleaning and decorating – Cleaning is perhaps the most inexpensive thing you can do to increase your property’s price. Painting, another low-cost option, can also do wonders. Remove family pictures or personal belongings from the shelves.The goal is to make they buyer feel at home, not that they’re violating someone else’s privacy. Furniture and accessories –This is a must for newly built homes, which are not occupied. Rent furniture or carpets to make it look like a home.Adjust the furniture wisely—smart furniture arrangements can make a room look bigger and more open. Design rooms to express their use, like bedrooms, a study room or dining room.This will make the decision-making much easier for the buyer.

Value: How to Get It in Today’s Market In real estate, “buy low” are the words homebuyers are sticking to and why not? Today’s real estate prices around have fallen to 2002 levels and with interest rates at historic lows, there’s never been a better time to invest in real estate. As with any investment, the goal is always to buy at the best possible price.That makes today’s market a great one for homebuyers. In many areas throughout the Valley, prices are down as much as 35 to 50 percent from their highs in 2006. Financial experts, however, expect those prices to stabilize in the coming months, which means now is the time to buy. In addition to the huge drop in prices, interest rates haven’t been this low in more than 50 years.What this means is that you’ll be locking in incredibly cheap debt for up to 30 years on your home purchase. And every year the purchasing power of the dollar erodes due to inflation, you’ll be making an even small “real dollar” value mortgage payment. In fact, a recent study showed that if you purchased a home in 1972 using a 30-year fixed rate, your actual cost of borrowing after accounting for inflation was -1 percent. It may seem difficult to consider making a huge investment in trying times like these. After all, everyday you turn on the TV or open the newspaper, you hear more bad economic news.The thing to remember is that the best deals are made when the buying pool is shallow. Now is the time to invest in your family’s home and future.

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

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

0 9 | S p r i n g | P RO P ERT I ES M AGA ZINE | 9

Associates P a rt i c i pat i n g

& R E / MA X E x c a l i b u r O f f i c e s www.excaliburrealestate.com

Excalibur Shea Office

Excalibur Ridge Office

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

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

Excalibur Troon Office

Excalibur Fulton Ranch

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

4921 S. Alma School Rd Chandler, AZ 85248 480-883-9800 480-883-9804 fax

ASSOCIATES

PAGE(s) Kris Anderson

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

25, 26 35, 36 37, 38 39, 43 46

ASSOCIATES

PAGE(s)

ASSOCIATES

PAGE(s)

Rosalie Barley

Allyn Barnum

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

CRS, GRI (602) 369-6000

www.YourArizonaAgent.com

www.allynbarnum.com

Richard Benko

Julie Berry

Carla Boring

(480) 213-8422

(480) 540-1878

(480) 220-5909

www.RichBenko.com

www.TheRickBerryTeam.com

33, 36

www.CarlaBoring.com

Gina Burton

Ron Cacini

Patricia Cain

(602) 684-2676

(480) 515-1793

Associate Broker (602) 349-2274

www.Excaliburrealestate.com

www.RonCacini.com

23, 33 46

www.arizorealestate.comÂ

Randi Christel

Doug daCosta

Nicole DeFrancis

(602) 370-2396

(602) 430-3788

ABR, CNE, CRS, SSPA (480) 540-2274

www.HomesByRandi.com

25, 26

www.NicoleDeFrancis.com

Mike Domer

Nancy Eris

Karen Grobman, PC

Mike Domer Group (480) 861-8883

ABR, CLHMS (480) 628-0100

GRI, CLHMS, ePRO (480) 688-0688

27, 28 35, 38

www.NancySellsAZHomes.com

www.ArizonasHotProperties.com

21, 32

26, 36

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P a r t i c i p a t i n g A ss o c i a t e s & T h e i r L i s t i n g s ASSOCIATES

PAGE(s)

ASSOCIATES

PAGE(s)

Carol Havins

Gayle Henderson, PC

CRS, ABR, GRI, e-Pro (602) 469-2900

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

www.CarolHavins.com

www.AZMovingPlan.com

ASSOCIATES

PAGE(s) Sonda Hilario

27, 28 34, 35 36, 37 38, 39 43

e-PRO, CNE, SSPA (480) 748-7167

www.SondaHilario.com

Jill Hocken

Judy Houston

David Johnson

(480) 272-1010

(480) 421-9621

(602) 290-0336

www.JillHocken.com

www.JudyHouston.com

Amy Jones

MJ Jones

Michelle Kenny

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

(602) 315 3693

(602) 524-3929

www.AmySellsAZ.comÂ

35, 39 42

33, 37

www.AZParadiseValleyHomes.com

Barbara London

Jane Lucey

Blanche Lukes

(602) 363-6107

ABR, CRS, GRI, SRES, CPM (602) 499-3773

(602) 390 0555

www.AZHomesRealty.com

Susan Mierau

Steve Mora

(602) 574-1074

Mike Domer Group (480) 213-2119

Your Premier Team (480) 330-7772

www.YourPremierTeam.net

Sara Nickels

Mehran Parsai

Greg Rezac

(602) 568-2848

(480) 585-8100

(602) 617-1039

www.SaraNickels.com

25, 34 38

www.Parsai.com

www.PinnaclePeakNews.com

Melanie Sanders

Roland Sharer

Jeanne Shields

Associate Broker (480) 570-5203

(602) 980-7253

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

20, 34 38, 42

www.RolandSharer.com

Ali Sontag-Goyette

Jene Springrose

(480) 201-1481

(480) 874-2062

(480) 620-8992

37, 46

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www.AliGoyette.com

24, 34

25, 26 35, 36 37, 38 39, 43 46

Steve Siverson

www.SiversonHomes.com

33, 42

Roxie McGraw

35, 39

www.JeneSpringrose.com

P a r t i c i p a t i n g A ss o c i a t e s & T h e i r L i s t i n g s ASSOCIATES

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ASSOCIATES

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ASSOCIATES

PAGE(s)

Beth Steil

Steve Stevens

Tom Tischer

ABR (480) 326-0969

(480) 850-5000

Tischer Group (480) 231-0782

www.BethSteil.com

www.TischerRealtor.com

Richard Troxell

Robyn Viktor

Kate Ward

(602) 677-9491

The Robyn & Louisa Team (480) 346-5327

Your Premier Team 602 481-5577

www.azrktrealtyGroup.com

24, 39

www.PhoenixHomesAZ.com

37, 42

www.YourPremierTeam.net

Louisa Ward

Connie White

Bill White

The Robyn & Louisa Team (480) 346-5327

CDPE (602) 653-9722

ABR, CRS, GRI (480) 850-5018

www.PhoenixHomesAZ.com

37, 42

20, 39 43

25, 26 35, 36 37, 38 39, 43 46

www.billwhiteaz.com

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

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

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

The Valley I

n t r o d u c t i o n

estled in the heart of the desert Southwest, the Valley is a dynamic area filled with all the qualities people are looking for in a place to call home. From family-friendly bedroom communities to metropolitan urban areas, the Valley has it all. Phoenix makes up the Valley’s central core, with four distinct regions—northeast Valley, southeast Valley, northwest Valley and southwest Valley—making up the surrounding areas. The west Valley is made up of 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 eastValley is made up of theValley’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 easyto-navigate freeway system that connects the Valley’s

t o

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a l l e y

regions. Interstate 10 and U.S 60 connect the city eastwest, while Interstate 17 and SR 51 connect northsouth. 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 keep up

Valley Living Incorporated:

1881

Population:

1,567,45

Area (square miles):

517.8824

Avg. household income:

$64,923

Avg. annual temperature:

74.2

Avg. precipitation (inches):

7.66

Avg. number of days of sunshine (annual):

334

Source: City of Phoenix

o f

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u n

with growth, voters approved a tax in 2004 that will raise approximately $9 billion from 2005 to 2025.Add to that state and federal transportation funds, $17.6 billion in funding will go towards expanding theValley’s transportation system. The newest addition to the Valley’s transportation system is the METRO light rail system, which launched in late December. With a 20-mile route extending from Mesa to uptown Phoenix, METRO is made up of 28 stations, eight park-and-rides and five transit centers for bus connections. An estimated 26,000 boardings are expected per day. METRO light rail will connect passengers with some of the most significant venues in the Valley, from the Phoenix Art Museum and Chase Field in central Phoenix to Tempe Beach Park and Sun Devil Stadium in Tempe. METRO will also make stops at Phoenix Sky Harbor International Airport. This time of year sees incredible weather and a host of outdoor activities. With average temperatures in the mid- to high-70s, residents enjoy all that the Valley is known for, including great golf, wonderful hiking and outdoor events including 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, with stops at the convention center and several downtown hotels. 0 9 | S p r i n g | PRO P ERT I ES M AGA ZINE | 15

Greater Metropolitan P

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| S

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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 Rd Chandler, AZ 85248 480-883-9800 480-883-9804 fax

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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

L u x u ry H o m e s P r i c e d

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

$1,200,000

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.

A b ov e

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 $1.2 million) Area Carefree/Cave Creek

Avg. sales price List/sell ratio Avg. sq.ft $1,350,000

$/sq.ft

85%

5,820

$266.16

Fountain Hills

$1,635,714

82%

5,964

$287.90

Mesa

$1,742,167

86%

6,723

$257.79

North Scottsdale

$2,127,265

85%

5,643

$354.91

Paradise Valley

$2,252,057

86%

6,122

$361.11

Phoenix

$1,899,133

91%

5,406

$346.63

Scottsdale

$2,000,846

86%

5,552

$343.25

Valleywide

$1,951,520

86%

5,712

$336.10

Sales reflect Jan. 1, to March 31, 2009 Arizona Regional Multiple List.

did you know? Scottsdale and the surrounding area host an estimated 12 million rounds of golf a year.

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TUSCAN ESTATE

Enter this stunning custom built home in 08 on a 2 acre lot through gorgeous wrought iron doors. 4 car garage behind private security gate.Huge living areas featuring versai patterned travertine, crown moulding, canterra stone firpl. Gourmet kitchen w/Viking SS appl, huge gas cooktop & custom hood. All rms oversized with private baths. Mstr retreat with spacious spa like mstr bath, jetted tub,walk in shwr,bidet,& custom closet. 1200 sq ft guest home w/full kitchen/firpl in bdr,pwd rm & balcony + attached huge cooled RV garage to fit 45 ft. bus. Resort backyard,sunkin BBQ & swim up bar,huge spa,2 putting greens + much more! Spectacular! MLS # 4137485

Approx. 6400 sq. ft. / 5 bedrooms / 5+ baths OFFERED AT $2,375,000 | MELANIE SANDERS | 480-570-5203 | www.yourarizonahomespecialist.com

MOUNTAIN ESTATE ON 14.5 ACRES

Perched high on the mountain in the charming western town of Cave Creek. Discover desired privacy on this 14.5 acre lot with 360 degree views. This enchanting property was once owned by Lord and Lady Hambledon. Embrace the regal lifestyle with a large main house with soft contemporary architecture, equestrian facilities, tennis court, pool and large 2 bedroom guest house. Please call Tish for additional information and exclusive buyer representation.

TOM TISCHER, CDPE | 480-231-0782 | www.TischerRealtor.com

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GOLF & WATERFRONT ISLAND AT OCOTILLO

Classic and timeless design with attention to architectural detail, soaring vaulted ceilings up to 26 feet high and grand oversized rooms in this 6056 square foot home allow for lavish living & entertaining. The spectacular entry opens to the formal dining room that measures 18 x 28 with gorgeous views of Troon's lush, 27 hole championship golf course. Brick floors, wood ceilings, beams and sand blasted pine cabinetry, two massive fireplaces, a gourmet kitchen, great room, billiards room & professional office all add to the wonderful character of this home. Lounge pool-side and enjoy golf and water views. MLS # 4153363

Approx. 6056 sq. ft. / 3 bedrooms / 3.5 baths OFFERED AT $1,700,000 | CAROL HAVINS | 602-469-2900 | www.carolhavins.com

ELEGANT LIVING RYAN ESTATES

Enjoy the serene setting of beautiful Ryan Estates in Chandler. This lovely home boasts stunning curb appeal and a roomy, open floorplan with over 4,700 square feet. Very large, gourmet kitchen provides every entertainer's amenity. There are five large bedrooms with highly upscaled bathrooms. Lovely wood beams and stylish high-end light fixtures throughout. Two-way fireplace in family room provides the right ambiance. The inviting, resort-like backyard is perfect for entertaining complete with built-in barbeque and fireplace. Ryan Estates is very centrally and conveniently located close to freeways, shopping and schools. MLS # 4101169

Approx. 4706 sq. ft. / 5 bedrooms / 4.5 baths OFFERED AT $1,350,000 | ALLYN BARNUM | 602-369-6000 | www.allynbarnum.com

We’re a fair housing provider.

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ON A CLEAR DAY YOU CAN SEE FOREVER

4631 E. Charles Dr. • Paradise Valley. Architecturally sited to perfection = sensational views from all living spaces, pool and patio. Privately gated view acre in quiet area. Views to Carefree, McDowell Mountains from sunrise, magenta sunsets, moonrise! 6,900 sq. ft., 5 bedrooms, magnificent office, grand spaces, high volume, designer details. Dine under the stars! Swim with the symphony of glorious city lights! Winter firepit warmth! Tour Factory# 475504. Offered at $3,495,000 MLS # 4098036 Approx. 6900 sq. ft. / 5 bedrooms / 5+ baths

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OFFERED AT $3,495,000 | MICHELLE KENNY | 602-524-3929

ELEGANT ESTATE IN SCOTTSDALE

Located within the gated community of Portales Del Sol, this exquisite Renaissance masterpiece is unsurpassed in quality and finishes. The 7,905 square foot split floor plan is adorned in a pallet of neutral hues and rich textures. This home features 6 bedrooms, 7 baths, office, bonus room, wine room, fabulous master chefs kitchen, cul-de-sac lot and 4 car garage. 24"travertine floors lend a timeless appeal while soaring ceilings and oversized windows fill the home with light and space. Backyard oasis with generous outdoor living and entertaining areas, waterfall pool and slide make this a perfect family home!

Approx. 7,905 sq. ft. / 6 bed. + den / 5+ baths OFFERED AT $3,400,000 | RANDI CHRISTEL | 602-370-2396 | www.HomesByRandi.com

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TUSCAN INSPIRED MASTERPIECE

SPECTACULAR VIEWS surround this richly appointed SINGLE LEVEL Tuscan-Inspired Masterpiece - a paradise for both entertaining & easy living. Fabulous gourmet kitchen has center island/delightful breakfast room/counter seating & opens to the comfortable family room w/ ﬁreplace, full bar & temp-controlled wine storage! HUGE MASTER RETREAT has SITTING ROOM/2ND OFFICE, luxurious bath & exercise room. LUSH BACKYARD OASIS w/ amazing salt water pool, dramatic waterfalls, soothing spa, 2 grassy areas, ﬁreplace, citrus, & BBQ Center. Enjoy resort living each day! ESCAPE TO THE ROOFTOP GARDEN to enjoy music & 360 degree views of TWINKLING CITY LIGHTS MLS # 4039490

Approx. 5720 sq. ft. / 5 bed. + den / 5+ baths OFFERED AT $1,672,000 | RON CACINI | 480-515-1793 | www.roncacini.com

PRESTIGIOUS ESTATE SONORA VISTA

Live the Ultimate Arizona Lifestyle in this beautiful luxury home with magnificent views from every window. Situated on a premium lot & decorator perfect, this home is better than new! Exquisite iron doors open to the charming courtyard entry. Nicely flowing main home with a fire pit, sparkling pool, and casita. If this does not suit your needs, we will find the right one for you. Approx. 4642 sq. ft. / 4 bedrooms / 4.5 baths OFFERED AT $1,350,000 | STEVE STEVENS | 480-850-5063 | www.excaliburrealestate.com

We’re a fair housing provider.

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C O L L E C T I O N HIGHLY DESIRABLE MIRABEL CLUB

Perfect in every way! Not too big & not too small! Private & separate master bedroom w/French doors leading to private patio w/fireplace. Great room - warm & inviting w/beamed ceilings, huge fireplace flanked by beautiful builtin cabinetry * Chef's kitchen* Outdoor patio equipped w/kitchen * All appliances are top shelf * Granite & travertine in & out * If you like French doors, you've got 'em * 2nd floor casita/or artist's delight w/balcony & porch to die for * Exceptional desert landscaping* Stunning sunsets * Mountain & city light views * Equity-owned golf club & one of the more exclusive private clubs in Scottsdale is across the street! MLS # 4069796

Approx. 3157 sq. ft. / 3 bedrooms / 3.5 baths OFFERED AT $1,495,000 | ALI SONTAG-GOYETTE | 480-874-2062 | www.aligoyette.com

PRESTIGIOUS ESTATE PEAKVIEW TRAILS

Executive Living - Former T.W. Lewis Model! Mountain Views; Front Courtyard; Breathtaking Tropical Resort Backyard w/heated Pebble-Tec pool, spa, Water-fall & stream; built-in BBQ; Tuscan fireplace & accented walkways. Classic finishes with Travertine Stone flooring; double crown molding; S/S appliances; double-oven & warming drawer; Ogee edged slab granite kitchen counters & island; Plantation Shutters; Knotty Adler doors; Designer fixtures/fans; Matching wood finishes throughout with Built-in Bookcases & Shelving. Family Room w/fireplace; Media Room; Master Bedroom Suite - Sitting Area; Large Master Bathroom; Walk-in Classy Design Closet. MLS # 4091419

Approx. 4,046 sq. ft. / 4 bed. + den / 3.5 baths OFFERED AT $1,229,000 | RICHARD TROXELL | 602-677-9491 | www.azrktrealtor.com

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PALATIAL ESTATES

PARADISE VALLEY

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

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

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

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

OFFERED AT $1,315,000

OFFERED AT $2,295,000 DOUGLAS DACOSTA 602-430-3788

PEO

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

BLACKSTONE CUSTOM

HILLTOP ESTATE!

Newly completed custom home located in the private Blackstone CC offering city lights and golf course views. All the reﬁned ﬁnishes one would expect in a high end custom home built by DiamondSpur Builders. Visit website for virtual tour and open house information. It is gorgeous, simply gorgeous! A must see.

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

Approx. 5510 sq. ft. / 4 bed. + den / 4.5 baths

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

OFFERED AT $1,950,000

OFFERED AT $1,999,000

SARA NICKELS, CERTIFIED LUXURY HOME SPECIALIST 602-568-2848 www.SaraNickels.com

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

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BILTMORE GOLF ESTATE

GAINEY RANCH GOLF

Mini-Mansion On the Links Course! WOW INTERIOR: dark bamboo ﬂoors, rich blonde granite, loads of cabinetry, two master suites, separate bdrm suite, Wolf Kitchen, breakfast nook, formal dining. Outdoor Kitchen equipped with built-in bbq, pavers front and back, pool ,epoxy double garage w cabinets, separate storage ideal for wine tasting room. Low maintenance living. Walking distance to hotel. MLS # 4055660

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

Approx. 3350 sq. ft. / 3 bed. + den / 3 baths OFFERED AT $1,225,000 KRIS ANDERSON 480-567-2103 www.yourpremierteam.net

ENTERTAINER'S DREAM Previously owned by captain of Coyote Hockey Team. Elegant Tuscan estate features top of the line custom finishes, travertine floors, granite countertops, Canterra fireplaces & fountains. Floor Plan features 3 separate wings-3 bedrooms w/ adjoining baths-Nanny or guest suite-Master suite.Resort style backyard on an acre+ lot. Pool & Spa heated w/ many sitting areas to capture city & mountain views MLS # 4104201

Approx. 6034 sq. ft. / 5 bedrooms / 5+ baths

Approx. 4381 sq. ft. / 3 bed. + den / 3.5 baths OFFERED AT $2,195,000 DACOSTA/GIALAMAS 602-430-3788

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

OFFERED AT $1,775,000

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

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

DOUGLAS DACOSTA 602-430-3788

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DESERT HIGHLANDS

Stunning 4 BR, 4.5 BA, 2 Ofﬁces,Theater. A Salcito Cust. Home on 1.38 Acres. Ext. has a Pool, Spa, Sport Court. Lrg Grass area. Back Patio & Front Crt. yard have Fireplace. This home is located on the 15th & 16th Holes of the DC Ranch C.C., one of Arizona's ﬁnest golf communities. Wonderful Views of City lights, Silverleaf and the McDowell Mtns. Home has many high-end Finishes. A Must See! MLS # 4062480

Understated elegance and attention to detail make this a perfect retreat for anyone's needs. Uniquely secluded next to the golf course for a private setting. Embrace life in this prestigious community with a 24 hour guard gate, clubhouse, concierge services, tennis, ﬁtness, and award winning golf. MLS # 2968553

Approx. 6547 sq. ft. / 4 bed. + den / 4.5 baths OFFERED AT $4,395,000 GREG REZAC 602-617-1039 www.pinnaclepeaknews.com

OFFERED AT $1,950,000 GAYLE HENDERSON PC, CDPE, CRS, ABR, GRI, CLHMS 602-850-4335 www.AZMovingPlan.com

DESERT HIGHLANDS

PINNACLE PEAK PLACE

Living is great with spectacular unobstructed city light views in this Jack Nicklaus Golf community. All on one level except for a 2nd story guest suite and view deck, including living room with fireplace, formal dining room, family room with fireplace, den and master bedroom with fireplace. Many custom features incl., wet bar, wine closet, built-ins, pool, spa, outdoor fireplace and barbecue. MLS # 4134960

Well conceived newly constructed custom home by renowned Geoffrey Edmunds. Courtyard entry with captivating water feature. Elaborately ﬁnished grounds with custom pool, spa, ﬁreplace and barbeque area. For property details and price, call recorded message at 480-374-1710 + 3623. MLS # 2972491

Approx. 5032 sq. ft. / 3 bed. + den / 4.5 baths

OFFERED AT $1,795,000

OFFERED AT $1,799,900 MIKE DOMER 480-861-8883

We’re a fair housing provider.

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

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

Spectacular city light and mountain views help make this property one of the best values in this guard gated Jack Nicklaus Golf community. The single level home features 3 bedrooms plus a den, 3 baths, living room with a ﬁreplace, family room, eatin kitchen with two islands and granite counter tops, formal dining area, wet bar, covered patio and barbecue. This home is perfect for entertaining. MLS # 4096840

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

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

OFFERED AT $1,595,000

OFFERED AT $1,099,900

MIKE DOMER 480-861-8883

SIERRA BOULDERS BANK-OWNED - Magnificent opportunity to purchase a beautiful new home at a price not possible before. Media room, wet bar, 3 car garage, granite countertops, stainless steel appliances, travertine finishes in bathrooms, 2 fireplaces, alder cabinets and much more! Located in splendid North Scottsdale, away from traffic noise yet close to shops and restaurants. Call for pricing and appointment to show this home.

SOPHISTICATED LIVING SHORT-SALE - Lender approval req. As a CDPE, we get timely lender responses. For preforeclosure information, call Gayle today. Dramatic soft contemporary with ﬁve star resort grounds. For property details and price, call recorded message at 480-374-1710 + 3616. MLS # 2894719

Approx. 6448 sq. ft. / 5 bedrooms / 5+ baths JOSEPH GUERRERO 602-740-1132

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

We’re a fair housing provider.

Beautiful enough to live indoors.

Parkway Collection

Now through July 7th EARLY SUMMER SAVINGS EVENT Enjoy extra savings on all Brown Jordan collections.

scottsdale

paradise valley

gilbert

outlet center

15500 n. greenway-hayden 2 blocks east of scottsdale rd. (480) 367-9700 2244 e. williamsfield rd. san tan village next to best buy (480) 289-6400

12419 n. tatum blvd. n.e. corner of cactus & tatum (602) 996-8100 23616 n. 19th ave. north of pinnacle peak (623) 344-5555

glendale

20028 n. 67th ave. s.w. corner 67th & loop 101 (623) 344-5000 visit us on the web at:

todayspatio.com

family owned and operated since 1979 | nationwide shipping & delivery | 100% satisfaction guaranteed

Homes

o m e s

r i c e d

n recent years, the real estate market has been experiencing a downturn due to external economic forces and the negative effects of an volatile real estate boom. But as negative as these conditions may sound, the market is actually quite favorable for many potential homebuyers. If you have been giving any consideration to buying a home, now is the time to do it. There are a number of reasons why we find ourselves in a “buyer’s market.” With lenders tightening underwriting requirements, the pool of potential buyers has been reduced. In turn, this has caused sellers to bring down their prices and be more open to concessions during negotiations. Another reason is that there are more homes for sale on the market. As the number of homes available for sale increased against a decreasing pool of potential buyers, further downward pressure was placed on pricing. In addition, this has forced sellers to make updates and other improvements to their homes to make them more viable in the current market, again benefiting the buyer. Finally, mortgage interest rates have been significantly reduced in an effort to stimulate the real estate market. In addition, lenders are offering incentives like greatly reduced closing costs to drive new clients to their doors. When it comes to affordability in today’s economy, the best bargains are foreclosures. Available at prices well

$1,199,000

below market value, foreclosures can give the potential buyer more house for their money. Buying a foreclosure, however, takes a little more research and discipline than the average home sale. Potential buyers should resist impulse buys when it comes

a n d

e l ow

to foreclosures. The rule of real estate says it’s too good to be true until you’ve seen the property and the results of the property inspection.Although the deal may be tough to pass up, keep in mind that you’re buying the property as is and any repairs necessary repairs will be your responsibility.

Just the Stats: Home Market (under $1.2 million) Area

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

Biltmore

$369,900

91%

2,178

$163.55

Carefree/Cave Creek

$402,461

94%

2,617

$151.92

Chandler

$241,536

95%

2,234

$107.01

Fountain Hills

$406,621

93%

2,520

$161.82

North Scottsdale

$537,676

93%

2,929

$186.39

Paradise Valley

$733,319

91%

3,499

$214.36

Phoenix

$109,213

95%

1,612

$61.39

Scottsdale

$425,507

93%

2,515

$166.33

Valleywide

$157,799

95%

1,953

$76.24

Sales reflect Jan. 1, to March 31, 2009 Arizona Regional Multiple List.

did you know? From 1990 to 2005, Arizona’s population grew by a 15.8 percent compared to the United States, which grew in population by 5.3 percent. 0 9 | S p r i n g | P RO P ERT I ES M AGA ZINE | 31

homes

chandler

R E M A X

fountain

hills

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CHANDLER'S FINEST LA GLORIETA

Visit this gorgeous custom home in a beautifully matured, award-winning subdivision in the heart of Chandler. Begin with a circular driveway, an elegant Canterra entry door and 5 car garage. Enjoy the split ﬂoorplan - master retreat complete with a ﬁreplace, separate tub and shower, large walk-in closets, dressing area and double sinks. Lovely open kitchen with breakfast room. Secondary bedrooms share a Jack and Jill bath. The private backyard is nicely landscaped and great for entertaining with a play pool, built-in barbeque and extended patio. This subdivision is gated, has tennis and raquetball courts and very conveniently located. MLS # 4109823

Approx. 3341 sq. ft. / 4 bedrooms / 3 baths

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OFFERED AT $799,000 | ALLYN BARNUM | 602-369-6000 | www.allynbarnum.com

55+ SPECIALISTS The Lucey Team specializes in Active Adult communities throughout the SE Valley: Resales, Property Management, and Vacation Rentals. We have a FULL TIME property management staff who cater to seasonal vacation stays along with long term rental properties. With over 25 years of Real Estate experience, Jane Lucey is an aggressive negotiator, experienced in short sale and bank owned transactions.

FIREROCK CC VILLA Delightful days & enchanting evenings await you in this Spectacular Italian Villa w/ fabulous views, rich appointments & exquisite ceiling detail. Charming courtyard entry w/ fountain, gorgeous iron front door, wood coffered ceiling crowns great room where walls of glass open to the expansive covered patio featuring a spectacular waterfall, BBQ center, cozy gas ﬁreplace & panoramic forever views! MLS # 2988859

Approx. 2922 sq. ft. / 3 bedrooms / 3.5 baths OFFERED AT $1,200,000

JANE LUCEY ABR, CRS, GRI, SRES 480-895-6400 AZHomesRealty.com

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JILL HOCKEN 480-272-1010 www.JillHocken.com

We’re a fair housing provider.

PH OE NIX

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h o m e s | f o u n ta i n h i l l s ~ p h o e n i x ~ S c ot t s da l e

EXTRAORDINARY VIEWS!

INCREDIBLE VALUE

STUNNING REMODEL! CLASSY DETAILS HIGHLIGHT THE BEAUTY OF THIS HOME. AN ENTERTAINERS PARADISE. FABULOUS UNOBSTRUCTED MOUNTAIN VIEWS. GOLF COURSE SUBDIVISION. BETTER THAN A MODEL. PRISTINE, PRIVATE & PEACEFUL.

BANK-OWNED - North Phoenix in Beautiful Moon Valley , perfect 2nd

MLS # 4145851

home or down sizing. 3 bedroom, extra room and 2 car garage. Let Blanche help you as a Buyers Agent who is most knowledgeable about the area. Blanche Lukes ABR CDPE CRS&br; e-Pro GRI LTG PMN SRES MLS # 4149037

Approx. 2525 sq. ft. / 3 bedrooms / 2.5 baths

Approx. 1604 sq. ft. / 3 bed. + den / 1.75 baths

OFFERED AT $775,000

OFFERED AT $175,000 BLANCHE LUKES 602-390-0555

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JULIE BERRY 480-540-1878 berryssellaz.com

SABINO ESTATES CHARM

NEW "GREEN" CUSTOM

The views begin upon entering this comfortable yet grand home. FABULOUS MOUNTAINS, CITY LIGHTS & FOREVER VIEWS are an everyday experience! Open w/ beautiful ceilings, large bedrooms w/ custom closets, designer paint, wood shutters & art niches. Huge chef's kitchen; granite counters and s/s appliances including Sub Zero & Dacor. Romantic master w/luxurious bath & walk-in shower. Backyard paradise!! MLS # 4099304

North of Dynamite on 160th St-an area of large, beautiful custom homes on acre lots this TOM NORRIS design/build is to Scottsdale GREEN standards. Crown molding, sculpted wall detail, 10' ceilings, travertine, granite, 4 CAR GARAGE, 8' doors, spacious rooms, lignting accents, curved corner smooth walls, in lush-veg area with 16' walls-of-glass opening to 60' patio! Adjacent acre also available MLS # 4103208

Approx. 3969 sq. ft. / 5 bedrooms / 4.5 baths OFFERED AT $1,085,000 RON CACINI 480-515-1793 www.roncacini.com

Weâ&#x20AC;&#x2122;re a fair housing provider.

Approx. 4700 sq. ft. / 4 bed. + den / 4 baths OFFERED AT $1,000,000 M J JONES 602-315-3693

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homes | SCOTTSDALE ~ scottsdale north ~ surrounding areas

Approx. 4046 sq. ft. / 4 bed. + den / 3.5 baths

Approx. 2648 sq. ft. / 4 bedrooms / 2.5 baths

OFFERED AT $745,000

OFFERED AT $625,000

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

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

SCOTTSDALE NEW MODEL Incredible 85255 location, gated N/S, 36,000 sq ft lot. This upscale new home has den/gam rm + features an incredible BASEMENT w/bd/ba & wetbar. Gourmet kit w/Viking Gas Range/oven,SubZero Refri,Upg granite&cabs. Huge Mstr Retreat w/coffeebar, 2 walkin closets,walkin shower,oversized jetted tub & granite tops. Wrought Iron Entry Dr, Lots of Travertine, Pool + 2 patios. Builder Warranty! MoveInNow MLS # 4021433

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

RR O AR UND EA ING

EASTWOOD - GAINEY Beautiful home that shows pride of ownership in & out * Large lot at end of culdesac with sparkling pool, spa & childrens' play area * Very close to the Shops at Gainey & fine restaurants * Tile granite counters & new appliances in kitchen * Fresh paint & flooring throughout * Master bedroom has a separate sitting area large enough to be used as an office, nursery, workout room, etc. Call today! MLS # 4100612

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MAGIC 85254 ZIP CODE Great family home in a great family neighborhood. This TW Lewis basement home has many of the ﬁne ﬁnishes found in a luxury home. Resort backyard with pool and BBQ. Visit www.SaraNickels.com for a virtual tour and open house information. MLS # 4105471

SUPERSTITION MTN. SHORT-SALE - Lender approval req. Unbelievable value in Superstition Mountain with 5,000+ square feet for under $1 million! For property details and price, call recorded message at 480-374-1710 + 3621. As a CDPE, we get timely lender responses. Looking for preforeclosure information? Call Gayle today.

MLS # 2959001

OFFERED AT $1,099,000 MELANIE SANDERS 480-570-5203 www.yourarizonahomespecialist.com

34 | PROPERT IES MAGAZ I N E | S pr i ng | 09

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

We’re a fair housing provider.

homes | chandler ~ fountain hills ~ glendale ~ paradise valley

S c ot t s da l e

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CIRCLE G ESTATES - Great Value in South Chandler! Home

UNBELIEVABLE VALUE! - Southe Chandler Beauty, Travertine

BEAUTIFULLY UPGRADED!

sits on nearly an acre, Split ﬂoorplan, Pebble Tec pool, Enormous Chef's kitchen with Viking Cooktop, Double Ovens and an Oversized 3 Car Garage.

MLS # 4029190

Floors, Granite Counters, Split Floorplan, Separate Media Room, BEST Value in Exclusive Community, Over 3/4 acre lot with plenty of room for anything you desire. MLS # 3035036

Granite countertops, 20" tile, & plantation shutters are just the beginning. Upgrades galore & a 3 car garage. Sellers have priced to sell. Located in Chandler's beautiful Sun River Community MLS # 4085649

Approx. 3429 sq. ft. / 4 bed. + den / 2.5 baths

Approx. 2709 sq. ft. / 4 bedrooms / 2 baths

Approx. 2137 sq. ft. / 3 bed. + den / 2 baths

OFFERED AT $435,000

OFFERED AT $345,000

OFFERED AT $265,000

SONDA HILARIO 480-748-7167 www.sondahilario.com

NICOLE DEFRANCIS 480-540-2274 www.nicoledefrancis.com

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

SHORT-SALE

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SHORT-SALE

EAGLE MOUNTAIN CHARM!

SUNRIDGE CANYON

Rustic CHARM and all NEW. Great Room Floor Plan, Separate Formal Dining and Living Room, HUGE Bonus Room with Rich Hardwood Floors, 10 ft ceilings, 8 ft cocoa Doors. Putting green, pool, bbq, kiva. MLS # 4106057

Fountain Hills "The most affordable suburb in the valley" Newsweek Magazine. Mountain views, granite counters, wood ﬂooring in the greatroom. Located in beautiful SunRidge Canyon golf community.

Approx. 1899 sq. ft. / 3 bed. + den / 2 baths

Approx. 2799 sq. ft. / 4 bedrooms / 2.5 baths

Approx. 2525 sq. ft. / 3 bedrooms / 2.5 baths

OFFERED AT $235,000

OFFERED AT $689,000

OFFERED AT $585,000

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

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

RICH BENKO 480-213-8422 www.richbenko.com

PAR AD

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ND ALE

VAL L

OCOTILLO'S CARMEL BAY Popular ﬂoorplan with formal living/dining and family room. Lg master "den". Across from Basha Elementary. Enjoy Ocotillo lakes, tennis court & discounts at award winning Ocotillo Golf Club. MLS # 4066175

WHEEL CHAIR FRIENDLY

COCO - CHAP SCHOOLS

Great home for entertaining with a fenced pool, a shed that could be converted to a guest bedroom, & split ﬂoor plan. Corner lot, near schools, shopping, hospitals and freeway. Setup for Physl chgld MLS # 4134590

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

Approx. 1840 sq. ft. / 3 bedrooms / 2 baths

Approx. 3800 sq. ft. / 4 bedrooms / 4 baths

OFFERED AT $167,900

OFFERED AT $999,900

ROXIE MCGRAW 602-574-1074

MIKE DOMER 480-861-8883

PRICED UNDER $800K! Rare opportunity to own a piece of Paradise Valley at this price! Partially remodeled home on a prime corner lot! For property details and price, call recorded message at 480-374-1710 + 3628. MLS # 4033671

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

We’re a fair housing provider.

602-850-4335 www.AZMovingPlan.com

0 08 9 | W S pirnitnerg | P RO P ERT I ES M AGA ZINE | 35

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LAVEEN - Lender approval req. As a CDPE, we get timely lender responses. Looking for preforeclosure information? Call Gayle today. For property details and price, call recorded message at 480-374-1710 + 3637. SHORT-SALE

MLS # 4086852

PRICED IN LOW $100'S

TATUM RIDGE BEAUTY!

SHORT-SALE

Single Level, Split BDMS, Greatroom, & Open Floorplan Is Very Pleasing! Lots Of Room To Entertain Indoors & Outdoors. Oversized Lot, Pebble-Tec Pool W/Waterfall, Firepit & North Facing Backyard.

MLS # 4107658

Approx. 1636 sq. ft. / 3 bedrooms / 2 baths

- Lender approval req. As a CDPE, we get timely lender responses. Looking for preforeclosure information? Call Gayle today. For property details and price, call recorded message at 480-374-1710 + 3702.

OFFERED AT $339,500 GAYLE HENDERSON PC, CDPE, CRS, ABR, GRI, CLHMS

602-850-4335 www.AZAvoidForeclosureNow.com

JULIE BERRY 480-540-1878 berryssellaz.com

SC OTT S

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

SCARLETT CANYON

GREAT ROOM CONCEPT

EXECUTIVE RETREAT

Stunning home! ~ Interior corner lot, gas heated pebble tec pool/spa & custom BBQ, 18" Italian tile, granite counters, 2 islands, double oven, 5-burner comm'l stove, security/intercom, much more.

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

Pristine home in desirable north Scottsdale subdivision of Greenstone. 4 large BR/3BA, lovely cabinets & granite countertops. Resort backyard with ramada w/ﬁreplace. Built-in BBQ for outdoor kitchen.

MLS # 4081695

MLS # 4145845

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

Approx. 3289 sq. ft. / 4 bedrooms / 3 baths

MLS # 4110473

Approx. 2,681 sq. ft. / 4 bed. + den / 3 baths OFFERED AT $399,000 BILL WHITE 480-850-5018 www.billwhiteaz.com

OFFERED AT $259,900 DAVID JOHNSON 602-290-0336

OFFERED AT $799,900 JENE SPRINGROSE 480-620-8992 www.jenespringrose.com

SCOTTSDALE MOUNTAIN

GOLF COURSE LIVING

HORSEMAN'S PARK

REMODELED home in guard-gated Scottsdale Mountain. Stainless steel appliances, granite countertops, new ﬁxtures, carpet and more! Remodeled Baths! Lot is 15.966 sf! Close to Mayo & Basis School! MLS # 4102576

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

Model Home Perfection!Great room concept, front yard courtyard, views galore in backyard. Pavers in courtyard, Solid core doors, under cabinet lighting, stainless appliances:all the BELLS AND WHISTLES

Approx. 2975 sq. ft. / 4 bedrooms / 2.5 baths

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

Approx. 3264 sq. ft. / 4 bed. + den / 3 baths

OFFERED AT $795,000

OFFERED AT $749,000

OFFERED AT $745,000

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

GINA BURTON 602-684-2676 ginaburton@cox.net

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

MLS # 4077519

36 | P R O P E R T I E S M A G A Z I N E | S p r i n g | 0 9

MLS # 4132543

We’re a fair housing provider.

S C O T T S D A L E

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HIDDEN HILLS - BEAUTY

SCOTTSDALE GATED HOME

SCOTTSDALE MOUNTAIN

Greatroom Floorplan on Corner Lot. Pool with Mountain View, Sunsets, & City Light Views. Greatroom opens to architectural oval~formal dining & gourmet kitchen. Accessible to all amentities & shopping. MLS # 4122845

Gated, Picturesque Remodel Home for Primary or Secondary Property. HOA covers all Exterior, Roof, Community Pool/Spa, Oasis Grounds & Security Entrance. Located Minutes to all Amentities & Ent.

MLS # 4141640

Amazing Valley Views, City Lights, and SOUTH FACING Backyard. Privacy Galore, Play Pool, waterfall, beehive ﬁreplace with seating, built in BBQ. Great entertaining home. Great room ﬂoor plan. Gated! MLS # 4135125

Approx. 2221 sq. ft. / 2 bed. + den / 3 baths

Approx. 1728 sq. ft. / 3 bedrooms / 2 baths

Approx. 2131 sq. ft. / 3 bed. + den / 2 baths

OFFERED AT $609,000

OFFERED AT $475,000

OFFERED AT $465,000

JUDY HOUSTON 480-421-9621 http://www.judyhouston.com

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

GATED, $459,000!

UNIQUE 2 BEDROOM

SCOTTSDALE BEAUTY

McDowell Mountain Ranch and DC Ranch. 4 bedrooms, den, 3 bath, 3 car garage, central vacuum, over 3200 SF, in one of Scottsdale's best school districts.

Perfect to retire or enjoy a "private life". Feels like a walled villa! Huge rooms ﬂooded w/ natural light! Secure; open; bright! Spacious patio/deck adds outdoor SPACE to entertain, dine, relax! MLS # 4090579

Built in 2002, Gorgeous Gated Community w/ Pool, 2 Park Areas. House Includes Huge Bonus Room, Beautiful Tile Throughout 1st Floor, Upgraded Kitchen Counters & Cabinets, Huge Master Bedroom Suite

Approx. 3264 sq. ft. / 4 bedrooms / 3 baths

Approx. 1950 sq. ft. / 2 bedrooms / 2 baths

Approx. 2302 sq. ft. / 4 bedrooms / 3 baths

SHORT-SALE

- What a value! Near 101 freeway,

OFFERED AT $459,900 MEHRAN PARSAI 480-980-2244 www.Parsai.com

OFFERED AT $425,000 M J JONES 602-315-3693

HEADLRESERVE INE HERPRIZE E PINNACLE

SCOTTSDALE

Mediterranean styling in Pinnacle Reserve, beautifully appointed home w/designer touches, neutral palate, balcony off master w/mountain & city light views, pool, Kiva f/p, blt in BBQ. Move-in ready!

MLS # 4095766

Total remodel in Greenbrier East! New kitchen, countertops, appliances & re-surfaced cabinets. New A/C & water heater. More info at 480-374-1710 code 3012. MLS # 4014813

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

Approx. 1408 sq. ft. / 3 bedrooms / 2 baths

OFFERED AT $399,900

OFFERED AT $257,750

NANCY ERIS, PC, ABR, CLHMS 480-628-0100 NancySellsAZHomes.com

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

We’re a fair housing provider.

OFFERED AT $425,000 ROBYN VIKTOR 480-346-5327 www.PhoenixHomesAZ.com

FIXER UPPER - Lender approval req. As a CDPE, we get timely lender responses. Looking for preforeclosure information? Call Gayle today. For property details and price, call recorded message at 480-374-1710 + 3627 SHORT-SALE

MLS # 4103890

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

602-850-4335 www.AZAvoidForeclosureNow.com

0 9 | S p r i n g | P RO P ERT I ES M AGA ZINE | 37

scottsdale

~ SCOT TSDALE north

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homes

PAPAGO PARKWAY - Lender approval req. As a CDPE, we get timely lender responses. Looking for preforeclosure information? Call Gayle today. For property details and price, call recorded message at 480-374-1710 + 3626. SHORT-SALE

MLS # 4103889

TROON VILLAGE Imagine spending evenings gazing out at the mountains and lush arroyo from your entertainer's backyard. For property details and price, call recorded message at 480-374-1710 + 3624. MLS # 2973484

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

MLS # 3012320

Approx. 2949 sq. ft. / 3 bedrooms / 3 baths OFFERED AT $795,000

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

602-850-4335 www.AZAvoidForeclosureNow.com

602-859-4335 www.AZMovingPlan.com

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

TROON GATED LUXURY

MCDOWELL MTN RANCH

TROON BEAUTY

BANK-OWNED - Tragedy breeds opportunity. Own this 3319sqft home featuring a guest house w/full kitchen and private pool/spa. Visit my website for a virtual tour and up to date pricing. MLS # 4133160

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

Immaculate home set in stunning location w/soaring 12ft.ceilings and spacious living areas. Perfect kitchen/familyrm set up w/ﬁrpl.overlooking gorgeous pool w/mtn views. Incredible mstr bed/ba.

Approx. 3319 sq. ft. / 4 bed. + den / 4.5 baths

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

Approx. 3021 sq. ft. / 4 bedrooms / 2.5 baths

OFFERED AT $790,000

OFFERED AT $775,000

OFFERED AT $629,900

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

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

SARA NICKELS CERTIFIED DISTRESSED PROPERTY EXPERT

602-568-2848 www.SaraNickels.com

MLS # 4095526

MLS # 4093772

N SCOTTSDALE VALUE

REGAL RESIDENCE

GUARD-GATED TROON

Features include designer colors, tile in all the right places including the family room and dining room, custom built ofﬁce cabinetry, play pool with premium decking, and a 3 car garage. MLS # 4030143

Stunning Custom Home Abutting Natural Wash on Acre w/Mtn Views. Sweeping Island Kitchen, Wine Cellar, Wet Bar. Unparalled Backyard Rivaling a Resort. For 24-Hr Recorded Info: 480-374-1710, Enter 16638 MLS # 4137517

Exquisite Home on Golf Course in Troon Village. Breathtaking Views. Granite Island Kitchen, Travertine, 3 Fireplaces, Wet Bar, Pool, Waterfall, Spa. For 24-Hr Recorded Info: 480-374-1710, Enter 10948

Approx. 5836 sq. ft. / 4 bed. + den / 4.5 baths

Approx. 3690 sq. ft. / 3 bed. + den / 4 baths

BETH STEIL, ABR, CDPE 480-326-0969 www.BethSteil.com

Approx. 3060 sq. ft. / 3 bed. + den / 2.5 baths OFFERED AT $515,000 SARA NICKELS CERTIFIED LUXURY HOME SPECIALIST

602-568-2848 www.SaraNickels.com

38 || P PROPERT R O P E R T IES I E S MAGAZ M A G AI Z NE I N| ES pr| i ng W i|n 09 ter | 08

MLS # 4130450

We’re a fair housing provider.

h o m e s | S COT T SDA L E n ort h ~ s urro un di n g a re as ~ tempe

CONTEMPORARY LIVING

S c ot t s da l e

SU RR O AR UND EA ING

SC O NO TTSD RTH ALE

N o rt h

GILBERT CUSTOM ESTATE

ARROWHEAD RANCH

- Lender Approval req. Call Tish, a Certiﬁed Distressed Property Expert, for expert representation when buying or selling short sales or foreclosures. This stunning home is in a gated golf community.

Beautiful custom built estate home with 5 bedrooms, 5 baths & 5 car garage in prestigious, gated Whitewing at Higley. Chef's delight kitchen that has to be seen to be believed. MLS # 3024774

IMPECCABLY APPOINTED ON THE ARROWHEAD GOLF COURSE WITH MOUNTAIN VIEWS! GREAT ROOM SPLIT OPEN FLOOR PLAN UPDATED TO THE TENS. 4 SPACIOUS BEDROOMS, 2 BTHS, HUGE GOURMET KITCHEN W/GRANITE. POOL AND SPA.

Approx. 4471 sq. ft. / 5 bedrooms / 5 baths

Approx. 4028 sq. ft. / 4 bed. + den / 4.5 baths

Approx. 2303 sq. ft. / 4 bedrooms / 2 baths

OFFERED AT $899,999

OFFERED AT $400,000

TOM TISCHER, CDPE 480-231-0782 www.TischerRealtor.com

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

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

SHORT-SALE

MLS # 4125319

OAKWOOD COUNTRY CLUB

BEAUTIFUL FAMILY HOME

PRICED TO SELL!

Golf course views & a patio built for entertaining. Home features custom stone & log wall in family room, pendant lighting & much more. Only $339,000 for an upgraded golf course home....Unheard of!

MLS # 4128315

Master Bedroom, Walk-in Closet & Bath Split; Living Room; Family Room; large Kitchen w/Dining Area; Separate Laundry Room w/Washer & Dryer! Built-in Garage Cabinets.. NEW Carpet & Paint Throughout! MLS # 4114188

BANK-OWNED - Located within the high demand Peoria School District, this 3 bedroom 2 bath with fenced pool & large covered patio is waiting for you! Terriﬁc ﬂoor plan with living rm, fm rm & formal dining area.

Approx. 1998 sq. ft. / 3 bed. + den / 2 baths

Approx. 1549 sq. ft. / 3 bedrooms / 2 baths

OFFERED AT $339,000

OFFERED AT $212,900

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

RICHARD TROXELL 602-677-9491 www.azrktrealtor.com

Approx. 1438 sq. ft. / 3 bedrooms / 1.75 baths OFFERED AT $109,900

TEM

ROXIE MCGRAW 602-574-1074

PRICED UNDER $90,000!

PRICED UNDER $100K!

PRICED IN MID $100'S

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

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

602-850-4335 www.AZAvoidForeclosureNow.com

SHORT-SALE

MLS # 4086742

SHORT-SALE

MLS # 4103861

We’re 39 | P R O P aEfair R Thousing I E S Mprovider. AGAZINE | Winter | 08

SHORT-SALE

MLS # 4103918

0 9 | S p r i n g | P RO P ERT I ES M AGA ZINE | 39

Condos

i g h

ith Valley real estate prices at an all-time low and numerous bank-owned properties on the market, buying a home has never been easier. Lately, more and more real estate buyers are opting for high-rise condos over buying a home. The Phoenix real estate market as a whole has recently seen an incredible increase in high-rise condominiums. Perhaps the greatest dilemma buyers face is whether to buy a condo or a home. Buying a high-rise condo enables you to live in or near the city and have access to all its conveniences. If you love being within walking distance of restaurants, festivals, theaters, clubs and even possibly your workplace, a high-rise condo might be perfect for your needs. Living in the city can be exciting and convenient for singles or young married couples just starting out. Condos can also provide a home solution for singleparent families or retired couples seeking a place to call their own who don’t want all the typical hassles of home ownership. Also, if the thought of landscaping ruins your day, then you’ll be glad to know that there are no landscaping duties with condo living. You won’t have to cut grass, plant flowers and shrubs, or even water the lawn. Another advantage of buying a condo is that you can sometimes find a condo the same size as a

i s e s

a n d

home, with several bedrooms to accommodate small families. Some condos offer just as much square footage or more than a home of equivalent value. You can also increase your buying power with some condo purchases, and pay up to 20 to 30 percent less than you would pay for a home of similar size. When speaking with a Realtor, be sure to emphasize your need for square footage if this is important to you. The Realtor can then refer you to only those condos that fit your needs.

o f t s

When buying a condo, you get to share the costs of upkeep for things like roofing, heating and air, foundation, lawn care, plumbing, etc.The costs for these maintenance services are divided amongst owners, and the costs per family go down tremendously due to sharing the costs. This can save you money on your overall monthly expenses, and it frees your time to do other things when you don’t have to worry about these aspects of home ownership.

Just the Stats: Condos, High Rises and Lofts City

Avg. sales price

List/sell ratio

Avg. sq.ft.

Biltmore

$191,437

94%

1,202

$143.05

Chandler

$113,389

95%

1,135

$97.80

Fountain Hills

$206,561

94%

1,514

$133.61

Phoenix

$113,342

93%

1,174

$87.76

Scottsdale

$231,417

95%

1,384

$160.33

Valleywide

$135,373

94%

1,257

$100.88

Sales reflect Jan. 1, to March 31, 2009 Arizona Regional Multiple List.

did you know? With an average age of 34, greater Phoenix is the fifth youngest metro region in the country.

0 9 | S p r i n g | P RO P ERT I ES M AGA ZINE | 41

Long time resident leaves ideal living & will rent or sell. Large complex with old fashion sound prooﬁng qualities. Bargin prices for 2nd home & intown convenience. Bus stop in front near shopping.

OFFERED AT $250,000

Approx. 1058 sq. ft. / 2 bedrooms / 2 baths OFFERED AT $99,900 BLANCHE LUKES 602-390-0555

NIX

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

MLS # 4034519

OE PH

RESORT STYLE LIVING

LOFT STYLE CONDO

Private Gated Community Includes HTD Pool and 2 Spas. Near the Pointe and Mountain Preserve. Unit is Move-In Ready, Includes Large Balcony, All Appliances, and Covered Parking. Best Price in Complex!

Almost New, gated in Desert Peak. Builder furnished, spacious split 2 bdr/2ba w/ attached single car garage & private entry. Highly upg kit w/granite, ss refrig & appl,w/d,balcony+window cov + more.

Approx. 1038 sq. ft. / 2 bedrooms / 2 baths

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

OFFERED AT $165,000

OFFERED AT $174,900

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

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

MLS # 4068642

Photo: Courtesy of Desert Ridge Marketplace

Desert Ridge

Approx. 1346 sq. ft. / 2 bedrooms / 2 baths

LE EN GL

GORGEOUS MODEL SHARP

MLS # 4111370

ith three championship golf courses, a luxury resort and upscale urban retail center making up its central core, Kierland offers exceptional community living in close proximity to some of Scottsdale’s most recognized destinations.The 730acre master planned community offers a variety of living options, from townhomes to single family homes. However, it’s the area’s loft and high-rise living that make Kierland the ultimate place to live, work and play. Residents enjoy the best of both worlds with a variety of outdoor recreation activities just steps away from the area’s retail hub, Kierland Commons, an upscale urban shopping center filled with signature retailers and fine dining options.

DL AN CH

POOLSIDE & FURNISHED! Almost new in Gated Serenity Shores. Granite, SS appliances, ﬁreplace & 2 patios. Unbelievable pricing on this poolside unit being sold turnkey. All you need is your toothbrush~ Too good to be true!

NIX

Photo: Scottsdale Convention & Visitors Bureau

Kierland

condoS | chandler ~ glendale ~ phoenix ~ phoenix north ~ scottsdale

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

GATED GOLF COMMUNITY

WATERFRONT MINT

Beautiful, Built 2003 at the Scottsdale Country Club. You will love this home, Designed to Perfection, Ready to Move In. Granite, Custom Drapes, Chandeliers and so much more! 11000 N. 77TH PL 2073

MLS # 4033959

Spectacular views. Just outside your door are morning walks. Wonderful restaurants, nearby golf, shopping, gated, garage. Perfect for permanent or part-time investment. Reduced $25,000. Make offer.

Approx. 1651 sq. ft. / 3 bedrooms / 2 baths

2 bed. + den / 2 baths

OFFERED AT $499,500

OFFERED AT $417,500

PATRICIA CAIN 602-349-2274 www.arizorealestate.com

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

42 | P R O P E R T I E S M A G A Z I N E | S pr i ng | 0 9

We’re a fair housing provider.

co ndo S | s c ot t s dale ~ sc ot t s da l e n o rt h ~ s urro un di n g a rea s

VILLA ESTADOS ONLY 6 Units - NEW Condos in the heart of Scottsdale. 10+ ft ceils. 3 ﬂr plans of 2-3 bdrms w/ofﬁces & garages. Lots of light. Huge cov’d patios & vu balcs. Cmmty pool. Lse/Lse-Opt/Lse-Purchase!

MLS # 3028170

OFFERED AT $299,000

SCOTTSDALE SHADOWS

Luxury Condo offering spacious ﬂoor plan in the heart of DC Ranch. Granite counters, neutral paint and carpet, built-in desk alcove, oversize laundry w/storage. Balcony boasts views of McDowell Mtns.

Scottsdale Resort Living at it's FINEST. Open Great Room Floor Plan. 2 bdrms and a DEN. Diagonal Ceramic Tile in all high trafﬁc areas and baths. Huge view balcony. Casino Nights, tennis, cmmty pool

MLS # 4122066

MLS # 4103722

Approx. 1,057 sq. ft. / 1 bedroom / 1 bath

Approx. 1332 sq. ft. / 2 bed. + den / 2 baths

OFFERED AT $225,000 CONNIE WHITE 602-653-9722

OFFERED AT $159,900 KRIS ANDERSON 480-567-2103 www.yourpremierteam.net

SC O N O T TS D RT A L H E

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

VILLAGE AT MARKET ST

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

MLS # 2871664

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

BELLA VITA SHORT-SALE - Lender approval is required. Community has resort-like feel with putting green, 2 pools, 1 spa and clubhouse. Redone in 2006 w/GE appliances and cherry cabinets. Call Gayle for current price and info. MLS # 4152329

OFFERED AT $159,900

SKYETOP IN TROON Spacious 3Bdrm (2-Masters Suite) Townhome w/ Spectacular Views of Pin. Peak & City Lights! Open ﬂoor plan w/soaring ceilings, Greatrm w/ ﬁreplace & wetbar. Guard-gated Comm. w/Pool & Spa. Turn Key. MLS # 4053288

Approx. 2527 sq. ft. / 3 bed. + den / 3.5 baths OFFERED AT $550,750

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

602-850-4335 www.AZAvoidForeclosureNow.com

SUSAN MIERAU 480-213-2119

RR O AR UND EA IN G

JEANNE SHIELDS, ABR,CRS,CDPE 602-370-1957

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

MLS # 4080210

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

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

OFFERED AT $525,000

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

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

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

We’re a fair housing provider.

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

Approx. 1113 sq. ft. / 2 bedrooms / 2 baths OFFERED AT $115,000 ROLAND SHARER 602-980-7253 www.RolandSharer.com

0 9 | S p r i n g | PRO P ERT I ES M AGA ZINE | 43

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The Minimally Invasive Surgery Program at Scottsdale Healthcare is a leader in the Southwest. With the most experienced joint replacement specialized orthopedic surgeons, the newest computer-assisted navigation technology and our elite Magnet award-winning nurses, experience World-Class Patient Care.

Ask your physician or call (480) 323–3350 to learn more.

h e

Land V

n Maricopa County today, there are literally thousands of lots on the market. In some areas, prices are similar to those six and seven years ago, although they are not anticipated to remain that way much longer and increases may be on the horizon. Buying land is one of the most difficult and most expensive investment decisions you’ll ever make. Like every other investment on the market, land purchases do come with their own fair share of risks. Real estate is a high-risk, high-reward investment project. If you don’t take risks, you would end up with an investment that does not make you richer or more financially fulfilled. Land purchases are intimidating, but there are ways to get around the hassle and the stress of buying land. Here are some ways to get the best rewards out of high-risk land purchases: n B uy the best land you can afford. Cheap land will get you nowhere. By the time you’re able to sell the land to an investor, or if you have enough money to develop the land on your own, you need prime property. Choose land that is accessible

a l l e y

’

e s t

to roads, commercial establishments, and other places that make it a convenient, prime choice. It also helps to buy land with a good view of the surrounding environment. n Prepare to spend. Land does not come cheap. Prime property can run up to hundreds of thousands of dollars, and competition can get very stiff.You need to make your bid competitive, but make sure that you don’t short-sell

Just the Stats: Land City

Avg. sales price

Carefree/Cave Creek

$343,333

Scottsdale

$452,295

Sales reflect Jan. 1, to March 31, 2009 Arizona Regional Multiple List.

a l u e

yourself in the process. Negotiate a very competitive price that you and the seller are happy with. n Read up on the latest news. While land is permanent, it doesn’t mean that the investment does not devalue. Keep yourself abreast of the latest real estate investment news. You never know when the real estate market is going to take a tumble. n Know when to buy, know when to sell. While having a lot of land seems like a good idea, there are times that you can make a good profit when you sell some of your assets to buy a better piece of real estate. Often it’s better to sell some of your real properties when you found land for sale at a superior location. As we begin to see the housing market turn around, land values will follow suit. Realtors who specialize in land indicate that buyer inquiries on land availability are increasing, more activity has been generated and, overall, there has been more buzz about the land market. The fact of the matter is that we may never see land values like this again. Once the land supply is depleted, it is gone.

did you know? Projections for greater Phoenix show the region is expected to grow by nearly 60 percent by 2030, bringing the population to more than 6 million people. 0 9 | S p r i n g | PRO P ERT I ES M AGA ZINE | 45

FOU NTA

ME SA

IN HIL LS

land | fountain hills ~ mesa ~ scottsdale ~ scottsdale north

CRESTVIEW

GATED- 17 PARCELS

FABULOUS VIEW LOT

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

17 Parcels in Gated Palatial Estates. Water, Electricity,Cable, Sewer, Ready for you to build OR HOLD. City Light and Mtn Views from each lot. 1/2 acre- 2.5 acre lots. Buy ONE or ALL 17 Parcels.

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

OFFERED AT $695,000

OFFERED AT $349,000

OFFERED AT $342,500

KAREN GROBMAN PC, GRI, CLHMS, E-PRO

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

KAREN GROBMAN PC, GRI, CLHMS, E-PRO

480-688-0688 www.ArizonasHotProperties.com

RESIDENTIAL LOT One of the last few remaining lots in the gated golf course community of "The Monument" at Troon North. This .42 acre lot has views of Pinnacle Peak, city lights and sunsets. Natural vegetation/NAOS.

MLS # 4050797

OFFERED AT $199,000

MLS # 2959725

Approx. 70000 sq. ft. OFFERED AT $1,100,000 RON CACINI 480-515-1793 www.roncacini.com

SPECTACULAR VIEW LOT Best priced view lot in Scottsdale!!! Incredible value!! Build your dream estate with panoramic city light views on this spectacular custom home lot. Architectural plans for an 8400 sf estate avail. MLS # 4158607

OFFERED AT $650,000 STEVE SIVERSON 480-201-1481 www.SiversonHomes.com

SC O NO TTSD RTH ALE

ROSALIE BARLEY 602-418-0246 YourArizonaAgent.com

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

JUST LISTED

PRADO ESTATES

Panoramic city light views in gated Hidden Hills. Ultra private backyard opportunity that backs to mountain preserve. Only 17 properties in this section - a great opportunity.

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

OFFERED AT $389,000

OFFERED AT $1,995,000

STEVE SIVERSON 480-210-1481 www.SiversonHomes.com

KAREN GROBMAN PC, GRI, CLHMS, E-PRO

480-688-0688 www.ArizonasHotProperties.com

4 6 | P R O P E R T I E S M A G A Z I N E | S pr i ng | 09

SIERRA BOULDERS Spectacular opportunity to secure a homesite in this beautiful gated community. Abundant mountain views with a very large building envelope & approved for basements. 15 lots 1 to 1.8 acres.

JOSEPH GUERRERO 602-740-1132

We’re a fair housing provider.

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

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8510 SheaBlvd. Blvd. #100 #100 8510 E. E. Shea Scottsdale,AZ AZ 85260 85260 Scottsdale, Main: (480) 355-3500 Main: (480)(888) 355-3500 Toll Free: 899-0496 Toll Free: (888) 899-0496 10458 E. Jomax Rd. #100 Scottsdale, AZ 85262

10458 E. (480) Jomax Rd. #100 Main: 344-4400 Toll Free: (800) 451-2811 Scottsdale, AZ 85262 Main: (480) 344-4400Rd. #100 21803 N. Scottsdale Scottsdale, AZ 85255 Toll Free: (800) 451-2811

Main: (480) 850-5000 Toll N. Free: (800) 736-2974 21803 Scottsdale Rd. #100 4921 S. Alma Scottsdale, AZSchool 85255Rd. Chandler, AZ 85248 Main: (480) 850-5000 Main: (480) 883-9800 Toll Free: (800) 736-2974 Fax: (480) 883-9804