REAL ESTATE
Real Estate Guide Unprecedented low supply strains housing market BY PAUL MARYNIAK AFN Executive Editor
T
he inventory of homes for sale in the Valley has reached the lowest levels in modern history, real estate experts say. That means that while the few homes on the market are drawing multiple offers – sometimes scores of them for one house – anxious buyers may soon have to cast their search far from the center of the Phoenix Metro. During Land Advisors Organization’s annual assessment of the state of the
Phoenix real estate scene, two experts said they see no end to the home buying frenzy or the spiraling upward trend in prices. Jeff Palacios Jr., director of research for John Burns Real Estate Consulting, and Land Advisors CEO Greg Vogel, indicated homebuyers may have to look as far away as Casa Grande, the Lake Pleasant area and Florence. The Cromford Report, which also closely watches housing trends in the Valley, earlier this month observed, “The supply situ-
see MARKET page RE2
SPO OTLIGHT home
Pristine & Classy Gated Calabrea Estate! On A Premium 2/3 Acre Hillside Lot
Estate living with refined tranquility in this exquisite setting. Meticulous stonework adorns entire exterior of this luxury home.
Mike Mendoza
Listed for $1,790,000
See Page Page 66 See
Listed for $1,339,000
Geno Ross
See SeePage Page66
Stunning custom basement home w/ 4 car garage in Ahwatukee Foothills’ prestigious gated community of Calabrea.
Rachael Richards
Listed for $1,450,000
See 66 SeePage Page
Ahwatukee’s #1 Team for Over 30 Years 480-706-7234
www.MendozaTeam.com
Mike Mendoza
D!
L SO
Sanctuary - Front
Sanctuary - Back
Tapestry Canyon - Front
Tapestry Canyon - Back
Stunning panoramic views from privately gated luxury retreat adorned with vibrant imported Montana stone accents. Prime elevated preserve lot with casita. 5 br, 5 ba with 6,455 sq. ft. Resort-style backyard with negative edge pool, custom artwork, fireplace and built-in DCS bbq.
Majestic Southwest contemporary estate on elevated 1.24-acre hillside lot with stunning mountain and city light views. 5 br, 4.5 ba with 4,924 sq. ft. Resort-style backyard with slate patio, built-in Viking grill, pool, spa, koi pond and ultimate privacy.
Listed for $1,950,000
Listed for $1,325,00
re2
REAL ESTATE
AHWATUKEE FOOTHILLS NEWS | FEBRUARY 17, 2021
MARKET from page re1
ation is the worst we have ever recorded.” “It is difficult to describe the state of the housing market in Greater Phoenix these days,” it said. “Just quoting the raw facts makes many people feel you are exaggerating wildly. There are those who seem to believe it cannot really be true when so many people are struggling with their daily lives, battling the worst pandemic we have seen for many decades.” “Variations in demand are almost insignificant,” it continued. “This is because the supply of re-sale homes is so poor it crashes below all-time record lows almost every week.” Cromford said the ratio between homes under contract and those for sale is so out of whack that “we have never before had to invent a description” for it. It noted that as of Feb. 1 and compared to a year ago, listings were down 67 percent, the median sales price had jumped nearly 17 percent and the average price per square foot climbed over 19 percent. That will be good news for those who do own a home. Cromford said, “The annual appreciation rate has already surpassed 19 percent and could easily reach
This chart shows the course of homebuilding the Phoenix Metro market over the last 60 years. Areas in purple are all that’s left besides reservations and federally owned land (black) and State Trust Land (white). (Land Advisors Organization) 30 percent by the time we are well into the second quarter.” “New homebuilders are trying as hard as they can to create more supply, but there are many physical, financial and legal limits to how quickly they can do this,” Cromford said. “These additional homes are sure to be priced well above the current level.” Palacios said “the ridiculously strong” housing market in the Valley is evidenced by the fact that home sales in 2020 were
80 percent higher than the norm for the years 2014-2019. He advised homebuilders that sales were so strong that “it is going to be tough to get your growth this year” and said any overall sales growth, primarily for new homes, will not occur until the second half of 2021. Palacios said that prices and demand not only will be driven by a seemingly no early end to “crazy cheap money” in the form of low mortgage rates but also by the unrelenting influx of out-of-state residents and the growing trend toward working at home. “I’ve talked a lot about work from home,” he said. “It is triggering a massive catalyst for housing demand. …So, affordability will get stretched beyond what you think is the norm.” Vogel said it’s not just home sales that have entered a new territory but land sales as well, saying he sees the market
going “from a chronic shortage that we were experiencing for several years into a panic that’s leading to rapid appreciation.” “Even when we look at the 500,000-$2-million price range, we’ve gone from 283 days down by 90 to 26 days,” he said of the time houses stay on the market before coming under contract. “We have outsized appreciation,” Vogel said. “I think this is too much. We are going to have a real hard time adding enough supply to curtail this but this can get quickly unaffordable.” Vogel noted that the number of building permits soared last year in the West Valley and Pinal County, largely because available land in the East Valley has all but vanished except for huge tracts of State Trust Land in far east Mesa. He noted that the current inventory of finished lots in the Phoenix Metro market totals about 13,000 after 28,700 building permits were issued in 2020. “It’s a little bit frightening related to the supply that is being burned off,” he said. “The builders bought 21,000 lots this past year. Some of those are larger supplies that will last several years, but there’s clearly a deep shortage and the shortage is not only looming but growing.” He said builders and developers “have to buy land differently than they did in the years prior, where they were able to buy morsels or be able to digest 60 lots and have an option on another 60. “They need to buy big platforms and we’re seeing that occur very often at this point. It is not unusual for a builder to come in and buy 300 to 600 units. That was not occurring even just pre-COVID,” Vogel said.
UNDER CONTRACT in less than 48hours! Accepting Back ups! Received multiple offers over list price! $240/sf!
List Price $515,000
4334 E Rocky Slope Dr Phoenix, AZ 85044 in Mountain Park Ranch
This WOULD NOT HAPPEN as a private sale, pocket listing, or sold to an IBuyer. Call today to learn more about my strategies to net you $1000’s more in less time, and less stress to you! Do not fall for the private sales. It could cost you between $10,000-$50,000 for the “convenience”. It is not in your best interest to “sell before it hits the market”. Do not limit your exposure to buyers in this market! When you list with me you will have the confidence in having total control over the sale of your home, because you will! Call me today to discuss my strategies in protecting your best interest when selling or buying. You will be happy you did! - Steve
Steve Werner 480-688-0767 steve@wernerrealestate.com www.wernerrealestate.com
The areas circled in red are the home-building hotspots now and into the next few years. (Land Advisors Organization)
re3
$345,000.00 $415,000.00 $535,000.00 $305,000.00 $385,000.00 $262,000.00 $785,000.00 $399,000.00 $275,000.00 $350,000.00 $617,000.00 $1,410,000.00 $227,000.00 $350,000.00
8650 48th St 14452 40th St 14025 33rd Way 11436 51st St 4611 Desert Dr 11040 Tomah St 13641 33rd St 4340 Ahwatukee Dr 4106 Alta Mesa Ave 4710 Euclid Ave 3406 E Sequoia Trail 3736 Mare Ct 4902 Hazel Dr #1 4542 E Arapahoe St
8 5 0 4 5
8 5 0 4 4
8 5 0 4 8
FEBRUARY 17, 2021 | AHWATUKEE FOOTHILLS NEWS
$361,862.00 $299,900.00 $419,900.00 $1,185,000.00 $415,000.00 $305,000.00 $600,000.00 $375,000.00 $386,000.00 $435,000.00 $369,000.00 $392,500.00 $885,000.00 $455,000.00 $750,000.00
$232,500.00 $370,000.00 $367,900.00 $454,900.00 $255,000.00 $550,000.00 $274,900.00 $352,000.00 $350,000.00 $581,400.00 $535,000.00 $510,000.00 $549,900.00 $553,500.00 $422,500.00 $398,000.00 $479,900.00 $265,000.00 $479,900.00 $1,250,000.00 $410,000.00 $564,900.00 $270,000.00 $419,900.00 $550,000.00 $650,000.00
1638 Redwood Ln 1657 Lacewood Pl 15240 15th Ave 3046 Windsong Dr 16641 27th Dr 16204 17th Dr 2706 Briarwood Terrace 16407 17th Dr 16627 16th Dr 1431 Thunderhill Dr 16622 16th Ln 1751 Thunderhill Dr 16206 S 29th Dr 1722 Lacewood Pl 445 Desert Flower Ln
In 2020, 55 home buyers and sellers in Ahwatukee chose Rachael Richards Realty to successfully reach their goals. We love this community and welcome the opportunity of helping you too.
r h o u s e re a l t y. c o m
480.270.5782
1345 E. Chandler Blvd., Suite 119 Phoenix, AZ 85048 | © All Rights Reserved.
3236 Chandler Blvd 16414 36th St 3310 Muirwood Dr 15819 27th Way 16816 22nd St 14632 20th Pl 16410 12th St 16649 29th St 3158 E Amber Ridge Way 1412 Desert Broom Way 1355 Desert Trumpet Rd 2441 Lavender Ln 16014 13th Pl 1733 Briarwood Terrace 2953 Nighthawk Way 2338 Hiddenview Dr 2817 Muirwood Dr 16812 22nd St 2612 Verbena Dr 2021 E Barkwood Rd 2749 E Rockledge Rd 16686 S 18th Way 4413 Frye Rd 1442 Windsong Dr 16815 33rd Way 2427 E Desert Willow Dr
Leading Luxury Home Experts
end of March 2021 and is not extended – an unlikely scenario based on recent history – you can count on an avalanche of eviction lawyers lining up in lockstep on the courthouse steps on April 1. If the moratorium is not extended, these tenants won’t be honoring or celebrating April Fool’s Day. Instead, the joke will be on them as they will be focusing on finding replacement housing. On its face, the federal eviction moratorium appears to protect landlords who are not getting paid by tenants because the order does not relieve any obligation that a tenant owes under the lease. In reality, however, real estate experts are leery of a landlord’s ability to collect on a significant judgment against a tenant who has not paid rent in several months. If a tenant qualifies under the federal eviction moratorium, the reason is that the tenant cannot afford to pay rent due to a loss or reduction in income. If a tenant cannot afford to pay rent, it is unlikely that same tenant can satisfy a large court judgment. Thus, if and when the federal eviction
moratorium expires, not only will many tenants be forced to move, but landlords will be forced to reckon with the reality that they may never be made whole on the months no rent was paid. It is also important to note that the federal eviction moratorium does not protect all renters. The tenant must sign a declaration, which can be found on the CDC website. The declaration form provides that the tenant cannot afford rent, has sought governmental assistance, and is likely to be deemed homeless if evicted. Many landlords are still proceeding with eviction lawsuits, raising arguments about the truthfulness of the declaration signed by the tenant. In other cases, landlords are proceeding with eviction actions for cases that do not relate to non-payment of rent – i.e., the tenant damaged the property or engaged in criminal activity. Ben Gottlieb is a partner in MacQueen & Gottlieb, PLC, the state’s leading real estate law firm. Information: 602-5332840.
BY KEVIN REAGAN AFN Staff Writer and HOWARD FISCHER Capitol Media Services
C
ommittees in the state House and Senate have given their approval to two competing bills that would give cities more power to regulate short-term rental properties. Some Valley cities have come out in opposition to Chandler Sen. J.D. Mesnard’s SB 1379, which tries to prevent those rentals from turning into rowdy party houses by allowing local governments to set occupancy limits and insurance requirements on the owners who lease out their homes through websites like Airbnb and VRBO. But Scottsdale Rep. John Kavanagh’s bill would go much further, restoring much of the authority that previous legislatures and Gov. Doug Ducey stripped away in recent years. Houses rented through the digital applications have been the source of several complaints in recent years by neighbors who don’t appreciate seeing residential properties turned into de facto hotels.
AHWATUKEE CUSTOM ESTATES
12675 Honah Lee Court ✔ 6300 sqft, 5 bedrooms, 5.5 bathrooms.
$1,499,000
SALE PENDING
✔ 7003 sqft, 5 bedrooms (+8), 4.5 bathrooms
AHWATUKEE CUSTOM ESTATES
$2,489,900
A completely Private Mountain Top Estate located within Eagle Ridge on a sprawling 4.6 acres overlooking the Ahwatukee Foothills with views as far as the eye can see.
11832 S Warpaint Drive ✔ 4512 sqft, 4 bedrooms, 3 bathrooms
602.369.1085 BONNY HOLLAND Ahwatukee Resident and Realtor since 1995
Bonny@LeadingLuxuryExperts.com
Spectacular Ahwatukee Custom Home in Desirable Equestrian Estates
AHWATUKEE CUSTOM ESTATES
11821 S Tuzigoot Court ✔ 5341 sqft, 5 bedrooms (+8), 4 bathrooms
Located in the prestigious Ahwatukee Custom Estates community, this single level, Mediterraneanstyle home boasts a combination of old-world sophistication and comfortable charm.
15802 S. 7th Street
of most East Valley communities, said Mesnard’s bill does not go far enough to resolve the issues brought up by local governments. Nick Ponder, the League’s legislative director, said SB 1379 doesn’t make enough substantive changes to the state’s current laws that are favorable to municipalities. The League is not advocating for outlawing short-term rentals, he added, but cities and towns want more autonomy over how to control these properties. “The prominent issue here is that the law that was passed in 2016 requires cities and towns to treat short-term rentals exactly the same as we treat long-term residential rentals,” Ponder said. Ryan Peters, Chandler’s government relations manager, said Chandler opposes the bill for similar reasons to the ones expressed by other cities. Mesnard’s caps civil penalties at the amount of daily rent advertised by the short-term rental where a violation occurred. SB 1379 additionally requires a mu-
#1 Agent in Ahwatukee Closed Volume 2019
2016 & 2017 BREA Award for Most Sales in Ahwatukee!
EAGLE RIDGE
One such rental was the site of a homicide in Chandler a couple years ago after a deadly fight broke out during a house party. Airbnb and VRBO, which have more than 500 rental listings spread out across Chandler, claim many of their hosts are conscientious residents simply trying to earn some extra income by leasing out empty rooms. Lawmakers have been trying to appease the conflicting interests between municipalities and rental owners ever since Ducey prevented local governments from banning short-term rentals. Mesnard said he intentionally wrote his bill to specifically target rentals that become a revolving door for boisterous revelers by letting cities decide whether to restrict the number many tenants who can occupy them. The bill allows the revocation of homeowners’ tax license if they violate local regulations at least three times within a one-year period. But the Arizona League of Cities and Towns, which represents the interests
$959,900
SALE PENDING
T
he courageous investors who plunged into the deep end of the stock market swimming pool in March of 2020 have basked in delight and euphoria these past 10 months as their household net worth rose dramatically due to a rising stock market. This is also especially true for those affiliated or invested with companies like Zoom, Peloton, Big Tech, Netflix – to name just a few – that were uniquely positioned to benefit from the post-COVID-19 economy. Others are not so fortunate, however. The past 10 months have wrought significant and ongoing emotional and financial distress – waiting precariously for the next executive order or stimulus check to arrive just to get by and meet monthly expenses or avoid being dispossessed from the home in which they reside. Experts refer to this phenomenon as a “K-Shaped Recovery,” which has gripped
the post-COVID-19 economy, significantly exacerbating economic disparity among different divisions, sectors, and demographics of the U.S. economy. This phenomenon is on full display in the real estate market, where thanks in part to record low interest rates many households are benefitting from purchasing their first home, upgrading their home or refinancing their existing mortgage. Others are unemployed and are at risk of being removed from their home to eviction or foreclosure. The numbers are too large to ignore. Recent data produced by Zillow reveals that millions of renters in the U.S. are not employed and are at risk of losing their homes once the federal eviction moratorium expires. In the Phoenix metro area, numerous renters cannot afford rent even with stimulus checks and unemployment payments. This presents a unique problem both for the unemployed tenants as well as the landlords renting out the property. From the tenant perspective, if the federal eviction moratorium expires at the
$1,395,000
Beautiful custom home on a nearly half acre lot (with downstairs master) and mountain views
SHADOW ROCK
16236 S 18th Place ✔ 2821 sqft, 4 bedrooms, 2.5 bathrooms
$749,900
This beautiful single level hillside property in Shadow Rock is truly one of a kind
www.LeadingLuxuryExperts.com
Each Keller Williams Office is Independently Owned and Operated.
AHWATUKEE CUSTOM ESTATES
3407 E Tere Street ✔ 5271 sqft, 6 (+8) bedrooms, 5 bathrooms.
SALE PENDING
BY BEN GOTTLIEB AFN Guest Writer
Competing short-term rental bills advance
REAL ESTATE
see RENTAL page RE7
$1,299,999
Absolutely Gorgeous One-of-a-Kind Craftsman with Basement Located in the Prestigious Community of Ahwatukee Custom Estates.
CABRILLO CANYON
14838 S 19th Way ✔ 2900 sqft, 3 bedrooms, 2.5 bathrooms
re5
nicipality to wait 30 days before imposing a civil penalty to a rental owner who fails to provide their contact information to the city. On Feb. 3, the Senate Commerce Committee voted unanimously to pass Mesnard’s bill to the Rules Committee for further review. Despite the bipartisan support for Mesnard’s bill, representatives from the cities of Scottsdale, Surprise, Casa Grande and Fountain Hills have come out in opposition to the legislation. Paradise Valley Mayor Jerry Bien-Willner said his town opposes SB 1379 because it doesn’t go far enough to restore the rights of ordinary citizens who feel their neighborhoods have been impacted by short-term rentals. “Our state’s predicament will, I think, get worse if we don’t take action here,” the mayor said. “We want real reform.” Mesnard said he is not interested in overregulating the rental industry, stating, “I know there are other proposals
SALE PENDING
Federal eviction ban only short-term fix
FEBRUARY 17, 2021 | AHWATUKEE FOOTHILLS NEWS
SALE PENDING
AHWATUKEE FOOTHILLS NEWS | FEBRUARY 17, 2021
SALE PENDING
REAL ESTATE
SALE PENDING
re4
$749,900
Stunning Single Level home on private hillside lot in the beautiful community of Cabrillo Canyon.
AHWATUKEE FOOTHILLS NEWS | FEBRUARY 17, 2021
re6
SPO OTLIGHT home
PRISTINE &CLASSY GATED CALABREA ESTATE! PRISTINE & CLASSY GATED ESTATE ON A PREMIUM 2/3 ACRE HILLSIDE LOT • PRIVATE CUL-DE-SAC • 6 BEDROOMS, 4.5 BATHS, 5200 SQFT OF PURE LUXURY FINISHES • STUNNING VIEWS IN EVERY DIRECTION • IRON DOOR • BUTTED GLASS WINDOWS IN ENTRY & KITCHEN • CUSTOM WINDOW TREATMENTS • DECORATOR PAINT • DOME CEILING FOYER & GROIN VAULTED CEILINGS IN LIVING ROOM • TRAVERTINE & HARDWOOD FLOORS THROUGHOUT • 7-INCH BASEBOARDS • MEDIA ROOM • DREAM KITCHEN INCLUDES S/S APPLIANCES,SLAB GRANITE COUNTERS, ALDER CABINETS,HUGE ISLAND,WALK IN PANTRY • LARGE MASTER SUITE W/STONE FIREPLACE • MASTER BATH W/JACUZZI TUB,3 VANITIES & SNAIL SHOWER • PARADISE BACKYARD W/TRAVERTINE IN VERSAILLES PATTERN,TURF GRASS,PEBBLETEC POOL/JACUZZI,4 WATER FEATURES,LARGE COVERED PATIO,STACKED STONE BBQ • 4 CAR GARAGE W/EPOXY & STORAGE! YOUR DREAM ESTATE AWAITS!!
Listed for $1,339,000
Geno Ross (602) 751-2121 www.GenoRoss.com CIRCLE G AT RIGGS RANCH
CALABREA
3043 W Briarwood Terrace
Estate living with refined tranquility in this exquisite setting. Meticulous stonework adorns entire exterior of this luxury home. Inviting entry opens to diagonally laid tile with granite inlays and dramatic wooden staircase. Formal dining room with stacked stone fireplace. Gourmet kitchen features granite countertops, large island, Subzero refrigerator, and Wolf gas cooktop with double ovens. Fireplace and wet bar in great room. Floor plan boasts seven bedrooms, playroom and large game room. Expansive master suite includes large sitting area with two-way fireplace, crown molding, separate walk-in closets and spacious bathroom. Three custom iron doors lead to massive covered patio with pavers, built-in barbeque, heated pool with waterfall and slide, gorgeous landscaping with fruit trees and koi pond.
Stunning 5 bed / 5.5 bath custom basement home w/ 4 car garage in Ahwatukee Foothills’ prestigious gated community of Calabrea. Gorgeous curb appeal w/ stacked stonework, front courtyard & paver driveway. Highly upgraded with amazing architectural design throughout the home including custom wood beam, arched, tiled & coffered ceilings. Bright & open with huge windows letting in the natural sunlight. The spacious living room has full wall of sliders that open to back patio. Dream kitchen offers top of the line SS appliances (including 6 burner gas range w/ pot filler & multiple ovens), pristine staggered cabinetry, granite counters, pantry & large island w/ sink & bar top seating, as well as built-in desk/workstation in the breakfast area. Formal dining room & wine cellar perfectly located for entertaining. Sprawling master suite w/ double door entry & private exit doors to outside has wet bar w/ mini fridge & fireplace w/ mantel. Master bathroom has two vanities w/ seated area, large soaking tub, huge walk-in tile shower w/ bench & multiple shower heads, & enormous closet w/ custom organization.
Large secondary bedrooms. Oversized laundry room with sink, granite countertops, cabinetry and room for a refrigerator. Additional upgrades throughout include 8’ solid core doors, speakers, surround sound in numerous locations, designer paint and exterior security cameras. Three masonry fireplaces. Anderson windows installed six years ago on entire first level. Four Trane a/c units with variable speed. Over-sized side entry four car garage. Availability to park an RV in the back as long as a garage is built for it. Over 7,000 square feet of stone on exterior. Almost acre-sized lot affords complete privacy.
Finished basement offers huge family room w/ wet bar & mini fridge, perfect room for home theatre if desired, additional bedroom & full bath. Spectacular backyard w/ no neighbors behind or to one side is a true sanctuary w/ its large covered patio, breathtaking pool (waterfall feature & negative edge side), spa, built-in bbq, perfectly placed desert landscaping, scenic fencing & of course the hillside views. This is a MUST SEE home in Calabrea. Easy access to freeway & all Ahwatukee has to offer including shopping, dining, hiking/biking trails, golfing & plenty of other entertainment choices. Schedule your showing today!
Listed for $1,790,000
kw
®
Mike Mendoza
SONORAN LIVING
KELLER WILLIAMS® REALTY
480.706.7234 • www.MendozaTeam.com
LISTED AT $1,450,000
Rachael Richards
480.270.5782 • rhouserealty.com
REAL ESTATE
FEBRUARY 17, 2021 | AHWATUKEE FOOTHILLS NEWS
Correction A report in last week’s Ahwatukee
Foothills News on how attorneys Patrick MacQueen of Ahwatukee and Ben Gottlieb of Chandler were named among the top 100 lawyers in Arizona misidentified a photo of MacQueen.
Got s? New
480-706-7234
RENTALfrom page RE5
out there that would like to go broader. I will not be on board with those.” Meanwhile, a House panel last week voted 8-5 to would allow city and town councils to impose limits on how many people can be in a short-term rental based on the number of bedrooms. Potentially more significant, Kavanagh said his legislation would permit cities to enact zoning restrictions that could limit the number of these short-term rentals in any one neighborhood – or entirely within the community’s borders. The 2016 law “was sold as the elderly couple, empty nesters with the extra bedroom, who could make a few extra bucks renting out their room to tourists or whatever,’’ Kavanagh said. “That seemed benign,’’ he said, what with the owners on the premises to control any problems.
Capitol Media Services contributed to this report.
Ahwatukee’s #1 Team for Over 30 Years 3 BR / 2 BA / 2,182 SQFT Rare opportunity for superb Scottsdale Villa with amazing amenities. Largest floor plan with a full third bedroom.
Estate living with refined tranquility in exquisite setting. Meticulous stonework adorns entire exterior of home.
Call for Details
5BR / 4.5 BA / 4,924 SQFT Majestic Southwest contemporary estate on private hillside lot with stunning mountain and city light views.
Tapestry Canyon
re7
whatever you want with your property,’’ he said. “If there’s a vacant lot in a residential neighborhood, maybe next to your house, and somebody buys it, they shouldn’t be allowed to open up a McDonald’s,’’ Kavanagh continued. “When you invest your life savings in home in a residential neighborhood, you have a right to make sure that it stays residential.’’ Kavanagh said his legislation would have no effect on individuals who are owner-occupants and rent out rooms in their own homes. He said they are not the problem. And he promised to amend his legislation when it goes to the House floor to “grandfather’’ in any existing short-term rentals so they could continue to operate if and when his measure becomes law.
Contact Paul Maryniak at 480-898-5647 or pmaryniak@timespublications.com
7BR / 4.5 BA / 8,873 SQFT
Circle G at Riggs Ranch
“But in reality, short-term rentals are such that an investor can make far more money buying a house and renting it out as a hotel -- as a horizontal, decentralized hotel -- than renting the house out for long-term rental,’’ he said. Kavanagh said it has created problems in places like Sedona, where he said 40 percent of the available rental units are now vacation properties, “driving up the prices of all rentals and making it impossible for city employees or even business employees, store employees, to live in the town.’’ Rep. Jake Hoffman, R-Queen Creek, said the whole concept is offensive. “Property and the ability to use one’s property to its fullest extent, and to the fullest enjoyment, is your right,’’ he said, contending there are enough ordinances already in place to deal with “bad apples.’’ Kavanagh said that Hoffman is wrong. “There is not an absolute right to do
Listed for $1,325,000
Winfield ! LD O S
Listed for $589,000
3BR / 2.5 BA / 1,689 SQFT New interior paint and flooring. Master suite downstairs with loft and Jack and Jill bathroom upstairs. Close to community pool.
Keystone
! LD O S
Listed for $349,900
Mike Mendoza MendozaTeam.com 5 BR / 5 BA / 6,455 SQFT Stunning panoramic views from privately gated luxury retreat with casita on elevated preserve lot.
Sanctuary ! LD O S
Listed for $1,950,000
4 BR / 3 BA / 2,730 SQFT Spectacular waterfront home in popular Laguna Shores. 2019 A/C replacement.
Call for Details
Laguna Shores
Tapestry Canyon
AHWATUKEE FOOTHILLS NEWS | FEBRUARY 17, 2021
re8
Ahwatukee Custom Estates One of the most amazing view lots in
$2,099,000
SOLD!
all of AZ. Custom home with everythingl 10,000 sq. ft., 3/4 acre prserve lot, 6 bedrooms, 6 bathes, Executive Office Suite, Master Suite with Sitting Room, Master Bath with Jacuzzi, Theater Room, Exercise Room, Loft, Guest House, Grand Foyer, Gourmet Kitchen, Resort Backyard with Pebbletec Diving Pool, Watertalls, slide, Volcano, firepit, Spa, Sport Court, Grassy Play Areas, & Outdoor Kitchen, 4-car A/C Garage. A true masterpiece!!!
Ahwatukee Custom Estates
Calabrea
$1,750,000
$1,339,000
Pristine & Classy Gated Estate On A Premium 2/3 Acre Hillside Lot, Private Cul-De-Sac, 6 Bedrooms, 4.5 Baths, 5200 Sqft Of Pure Luxury Finishes, Stunning Views In Every Direction, Iron Door, Butted Glass Windows In Entry & Kitchen, Custom Window Treatments, Decorator Paint, Dome Ceiling Foyer & Groin Vaulted Ceilings In Living Room, Travertine & Hardwood Floors Throughout, 7-Inch Baseboards, Media Room, Dream Kitchen Includes S/S Appliances, Slab Granite Counters, Alder Cabinets, Huge Island, Walk In Pantry, Large Master Suite W/Stone Fireplace, Master Bath W/Jacuzzi Tub, 3 Vanities & Snail Shower, Paradise Backyard W/Travertine In Versailles Pattern, Turf Grass, Pebbletec Pool/Jacuzzi, 4 Water Features, Large Covered Patio, Stacked Stone Bbq, 4 Car Garage W/Epoxy & Storage! Your Dream Estate Awaits!!
SOLD!
Amazing Remodeled Custom Estate with mountain views located at the end of a cul-de-sac.Over 8000sqft of pure luxury finishes.6 Bedroom,5.5 Baths.Custom Kitchen.Elevator.Executive Office.Basement Media Room.Dance Studio.Huge Backyard with Pool, Jacuzzi, Turf, BBQ, Sportcourt.This Spectacular Estate has it all!!! Stunning single-level custom estate gated summerhill on a 1/2 acre lot. beautiful mountain views. Gourmet Kitchen. Master Suite w/sitting area. Two master suites. Split floorplan. Executive office w/built-in cabinets. Tropical paradise backyard w/covered patio, gazebo, pebbletec pool, rock waterfall, built-in bbq, turf, & putting green. This estate has the perfect floorplan!!
Summerhill $1,099,000
Calabrea $1,099,000
Cabrillo Canyon $689,000
5 bedroom / 3 bath, 3,506 SqFt, Cul-de-sac location with huge backyard, sports court, built-in BBQ, mature shade trees, very private backing to wash. Good size SOLD! bedrooms, master downstai5. Features a large office with balcony, plus office/loft with built-in bookcase and 3 full baths. Th� home is perfect for family gatherings BEST NEAR THE LOOP 202 in gated withand stunning mountain only. views. andLOCATION entertaining. CanNEW be previewed with 24Calabrea hour notice appointment
SOLD! Stunning Single Level Custom Remodel on a huge corner lot in a cul-de-sac! *4 Bedroom, 2.5 Bath *The highest quality custom finishes throughout *Grand foyer *Formal living & dining room *Familt room w/fireplace *Wetbar *Designer kitchen includes: quartzsite counters & island, s/s appliances, custom cabinetry, walk-in pantry *Recessed LED lights throughout *Plantation shutters *Large master suite *Master bath w/walk-in shower, free standing tub, & walk-in closet *Laundry room w/sink *Wood flooring *Custom fixtures *Trane A/C’s *Private backyard w/covered patio, pebbletec pool, turf, & RV gate with tons of room to park the toys *3 Car garage with epoxy *The lot is very private *The house shows like a new build *Do not miss your opportunity to own this amazing Cabrillo Canyon Estate!
Complete with the highest quality build and finishes. Gourmet kitchen includes slab granite counters, alder cabinets, and stainless steel appliances. This estate also features a media/ theater room with 105 inch screen. The basement includes a full wet bar, family room & 2 bedrooms. Resort Backyard with pool. A perfect 10!
www.GenoRoss.com Donna Leeds
�
TOP GRI, ABR REALTOR
®
949.310.5673
lf"fl!
SOLD!
Canyon Verde/$899,000--SOLD IN 1 DAY Foothills/$299,000--SOLD IN 1 DAY Ahwatukee/$489,000--SOLD IN 1 DAY
Geno Ross
602.751.2121
wwwBestAgentWUSA.com
Making Ahwatukee
Home Dreams Come True Since 1986 www.WestUSA.com I 480.893.0600
4505 E. Chandler Boulevard, Suite 170, Phoenix, AZ 85048
Horse Property - Queen Creek
$695,000
PENDING!
Over 2200 sq. ft main house with 5 bedrooms, 3 baths, and a separate 844 sq ft 1 bedroom, 1 bath guest house, complete with full kitchen, lvg room and laundry room, a 44 x 32 mare motel, enclosed 16 x 16 area with AC, heat and electrical. An expansive front courtyard with views of the San Tan Mountains and a back covered patio, with views of the Superstition Mountains. With over an acre, of lasered level irrigation land, 3 grass pastures divided by fences, gates for horses and livestock, 3 stalls for horses or livestock 1 dog kennel/work room, all sitting on a county island!
Mountain Park Ranch
$320,000
Open Floor Plan, Bright & Cozy Corner Lot Home Across from Large Greenbelt. 2 Bedroom 2 Bath Pool Backyard Paradise Private Pool with Travertine Pool Deck, Split Master with Separate Entrance to Back Yard. Beautiful Custom Shower and more.
Rhonda Fosenburg 480-227-0815 rhonda@rhonda4realestate.com rhondafosenburg.com
Ahwatukee
SOLD! 4 bedroom, 3 bath, 3252 Sq Ft. This gorgeous family home with it’s backyard oasis combines the best of indoor and outdoor living . The remodeled kitchen overlooks the dining/family room with gas fireplace and offers granite counter tops, stainless appliances, duel ovens, wet bar and large pantry. Recently repainted inside & out and re-carpeted in 2019.
Troy Royston 480-435-3461 troyston61@gmail.com
SOLD!
Warner Ranch Meadows
$599,900
Citrus Mountain Estates
$849,900
$399,900
Gorgeous Views! SEMI-CUSTOM BASEMENT HOME SITUATED ON A STUNNING WATERFRONT LOT IN HARBOR ISLAND COMMUNITY. 4,525 sq ft. 4 Bedrms 3 Baths. 1 Bedroom & Bath Downstairs. Awesome Backyard W/ Play Pool, Grassy Area, Dock Where You Can Boat or Fish.
Prepare to be amazed! Come and see this wonderful 4 bed, 2 bath property now for sale in Phoenix! A beautiful facade, desert landscaping, 3 car garage, this home has it all and more!
Geri Thompson 480-239-7589 gerithompson@westusa.com
$419,900
UNDER CONTRACTBACK UPS
Kelly Quek, M.B.A. 480-734-9808 kellyquek8@gmail.com
SOLD!
Charming 3 bed, 2 bath home. Formal living and dining room. Tile & carpet in all the right places. Vaulted ceilings and soft color palette. Spacious open floor plan for the kitchen, dining, and family room. The stunning eat-in kitchen has a plethora of custom cabinets, beautiful granite counters, SS appliances, breakfast bar seating, and a pantry. The master has a private entrance, a full bath, and a walk-in closet. The serene backyard has a covered patio, mature foliage, and a nice lawn area for the kids & pets to play! Community amenities. Close to schools, shopping, and major freeways. Make this your new home today!
Marty Griffin 602-692-7653 martygriffin@q.com
Jenifer Bulfer 480-297-6968 jbulfer@westusa.com
Harbor Island
SOLD!
Let the AZ sunshine in with all it’s glory through the panoramic windows.1/2 bath + 3/4 bath & 1 bedroom downstairs. Eat in kitchen is complete with center island, breakfast bar, granite countertops, a plethora of custom cabinets, and stainless steel appliances. Three bedrooms up plus a office with built in desks! Master suite has wood flooring, private exit to balcony, and built in desk. Full spa bathroom with double sink vanity and separate soaking tub + shower. Resort style backyard features a covered patio with lush green grass and a sparkling pool.
Mountain Park Ranch
Foothills Reserve
$625,000 Beautifully maintained and upgraded home that has it all. Built with your family in mind. Mountain views and a large pool for the family. This newly renovated kitchen is a must see. From the large granite counter top, double ovens, gas stove top, warmer tray and so much more. The Master bedroom is your own getaway with a private balcony for your retreat as you gaze upon South Mountain. Relax in your own sitting room nestled adjacent you Master suite. This unique home is waiting for your enjoyment.
Marty Griffin 602-692-7653 martygriffin@q.com
Tempe - Temporary off the Market $299,900
TEMPORARY OFF THE MARKET
Wonderful single story 3 bedrooms, 2 baths great Tempe location. Large living room, kitchen offers black appliances and granite counters. Spacious master with walk in closet. Large yard with RV gate and no HOA. Great location and minutes from ASU , restaurants and entertainment.
Natalie Christensen 602-373-6212 nchristensen@westusa.com
Beth Cooke 520-635-3727 beth@bethrealaz.com www.bethrealaz.com
Mountain Park Ranch
$450,000 5 bedroom 3 bath, 4,254 sq ft. Large lot “Cul-D-Sac” family home in the heart of Ahwatukee. Home features two new Trane AC units, new roof and newer pebble tec diving pool! Enjoy Mountain Park Ranch and all its amenities. Award winning Kyrene School district and close to Sky Harbor Airport.
Link Paffenbarger 602-989-7221 linkpaff@gmail.com