AHWATUKEE FOOTHILLS NEWS, REAL ESTATE, MAY 18, 2022 by Times Media Group

REAL ESTATE

Real Estate Guide Signs point to shift in Valley housing market – maybe BY PAUL MARYNIAK AFN Executive Editor

ome prices aren’t coming down, but sellers’ negotiating power apparently is as the market may be cooling faster than expected, according to the Valley’s leading analyst of the housing market. “Your negotiation power is dissipating at a rapid rate,” the Cromford Report warned sellers in a post last week. “It will take several months of this trend continuing to reach a balanced market, but this no longer looks like such a far-fetched idea.”

And if you want to understand one of the factors influencing prices, the Cromford Report offers a suggestion: “Demand from investors for rentals now represents nearly 21% of all home sales.” “The reported intent of buyers has changed significantly over the past year,” it explains. “In Maricopa County, purchases for owner occupation as a primary residence have declined 19.4% between April 2021 and April 2022. Purchases as a second home have declined by 8.1%. In contrast, purchases to turn into a rental

see MARKET page RE2

SOLD

This beautiful mid-century single level home with over 3,000sf is situated on a huge corner lot in the desirable North Central Phoenix corridor

Bonny Holland

Sold atat$1,163,500 Offered $1,299,000

See Page 6

SPO OTLIGHT home

STUNNING & IMMACULATE CLUB WEST HOME WITH UPGRADES GALORE!

Listed for $819,000

Geno Ross

See Page 6

SPO OTLIGHT home

SOLD

Enjoy superb mountain views from custom single-level luxury home in gated Summerhill Estates.

Mike Mendoza

See Page 6

Listed for $1,450,000

Ahwatukee’s #1 Team for Over 30 Years 480-706-7234

www.MendozaTeam.com

Mike Mendoza

L SO

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

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REAL ESTATE

AHWATUKEE FOOTHILLS NEWS | MAY 18, 2022

MARKET from page RE1

have increased by 8.5%.” And it suggests the actual percentage is likely higher, asserting that it’s likely some buyers are not being truthful in stating the reason for the home purchase on the affidavit of value that the state Revenue Department requires on every home transaction. “This is sure to be an undercount,” it states. That affidavit asks the buyer to list whether the purchase is being made for a primary residence, to rent to someone other than a qualifying family member or as a second home. “Just a cursory inspection shows us that many unscrupulous investors are marking their Affidavits of Value as purchases of a primary residence, no doubt to attract lower taxes,” the Cromford Report states. “It is perjury to enter incorrect information on an Affidavit of Value and each of these documents are notarized. However, we are yet to hear of any government agency taking action to enforce the state laws surrounding Affidavits of Value.” The influence of investors on the rental market has been significant over the last year as real estate investment companies have been paying two, three and even greater times the price of an apartment complex than the seller paid within the last two to five years. Likewise, large and smaller investors also have been buying single-family homes, keeping inventory low as prices climb. But one sign of a sea shift in the market – and the reason for the Cromford Report’s pessimistic message to sellers – is its market index. That index bases short-term forecasts of how balanced the market is in 17 Valley municipalities by analyzing the trends in pending, active and sold listings compared

This two-story house on East Jojoba Road in Ahwatukee recently sold for $900,000. Built in 2017, the 3,339-square-foot house has four bedrooms and three baths, towering ceilings in the living room, and other amenities. (Special to AFN) with historical data over the previous four years. Values below 100 indicate a buyer’s market, while values above 100 indicate a seller’s market. A value of 100 indicates a balanced market. "All 17 cities are cooling quickly and their CMI is dropping 10% or more over the past month. 9 cities have fallen by 20% or more over the last month and one – Queen Creek – by as much as 30%,” the Cromford Report said. Still, those markets remain well within what the Cromford Report considers heavily tilted toward sellers in most of those 17 cities. The lowest two are Buckeye, at 188, and Maricopa, at 219, while the two highest are Fountain Hills at 473 and Avondale at 442. Phoenix is at 369 while East Valley submarkets’ rankings are: Mesa, 366; Gilbert,

Be Smart. Choose LendSmart.

363; Chandler, 354; and Tempe, 292. Stating that its index as early as May 9 “was the first indicator to sound the alarm

about the current market direction,” the Cromford Report adds, “We can now see several other early indicators fall like a sequence of dominoes toppling over.” “Supply is growing in almost all areas thanks to a plentiful and growing flow of new listings, while homes are going under contract at a slower rate than we have seen for a long time.” “While all the numbers are low in absolute terms, the 2022 line is shooting skywards like a missile. This tells us that supply is increasing very quickly relative to demand.” Still, it’s too early to say what will happen over the next six months, the Cromford Report warns. “I am NOT saying this is going to happen in 2022 and 2023, but I am saying this trend needs to be watched very closely,” it states. “A balanced market will have about 120 to 135 days of inventory and if we get more than 150 days we will be in a buyer’s market, one where prices will tend to fall rather than rise. “My advice is to keep watching days of inventory like a hawk and react appropriately.” ■

This house on S. 4th Drive in Ahwatukee recently sold for $890,000. Built in 1998, the 3,839-square-foot house boasted of fireplaces in both the master suite and family room, five bedrooms and three bathrooms, and other amenities. (Special to AFN)

GOT NEWS?

Contact Eric Kinneman

for your mortgage needs 602-757-2171.

When you support your local Community businesses, we are all winners, making our Community stronger one closing at a time.

Eric Kinneman, Branch Manager - Ahwatukee Branch. NMLS #212062 | AZ License 0911709

O: 480.477.8464 | D: 602.757.2171 | F: 602.445.0913 | ekinneman@lendsmartmortgate.com | www.erickkinnemanloans.com

Contact Paul Maryniak at 480-898-5647 or pmaryniak @timespublications.com

REAL ESTATE

AHWATUKEE FOOTHILLS NEWS | MAY 18, 2022

Address legal damages up front with an attorney BY PATRICK MACQUEEN AFN Guest Writer

n often-overlooked aspect of evaluating one’s legal case by clients assessing legal damages, it is not always as straightforward as it seems. Let’s suppose you live in a homeowner’s association and your neighbor begins construction in June of a second-story addition without your consent or approval while away in your summer cabin. When you arrive home a few months later, you are very upset to learn of the new structure because you no longer have the mountainous views you previously had serving as a backdrop to your backyard. Instead, all you can see is your neighbor’s

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close-up second story structure. You took great pride in your backyard views and guests routinely admired the views when over. You review the governing documents applicable to your HOA and learn that your neighbor and the HOA are in violation of the governing documents. Without hesitation, you hire a lawyer and file a lawsuit. Since the structure was completed or substantially completed over the summer months while you were away, it is unlikely that the court will force the neighbor to take down and demolish the structure. That leaves you with a case for legal damages. Up to this point, you have not put much thought into legal damages and just assumed they exist and for a lot of money – after all, you’ve lost your mountain views in your backyard! Even your friends have

commented on the loss of view. As part of the litigation process, after consulting with appraisal experts, you learn that no appraiser is comfortable testifying to a diminution in value of your property because the “data” does not support damages. In other words, the appraisal experts inform you that while they personally and subjectively believe you have suffered damages, there is not sufficient data (in the form of comparable sales) to prove that the loss of your mountain view means your property is worth less. While you may be able to present diminution in value evidence through your own testimony, it could prove difficult to make out a case for legal damages. And, while there may be other legal damages you can assert in this case, the lack of an

appraisal expert is a setback. Of course, this is just a hypothetical example, and there are many cases where appraisal experts would testify to damages in the above example. But the point is, it should not be assumed you have legal damages. Among other things, it is vitally important to address legal damages upfront with an attorney in a litigation case.

Let these stories serve as a hard lesson about the need to temper expectations in a hot market. And, in case you list your home with high hopes yet hear nothing but crickets, we also have some advice on how to deal with it and what you can do to turn this state of real estate paralysis around into something positive. Nancy Stern lived in a former commercial building on Long Island, NY, that had been lovingly renovated into a unique living space. It had even been featured in a magazine or two. Yet despite its design pedigree, when she decided to list the home two years ago, the house sat for months, and her frustration grew. “There were houses [selling] that were so ugly—on a tenth of our property at our price point,” she laments. “I hated when people asked, ‘So, did your house sell yet?’” Finally, after several months on the market and a price reduction, her house

got an offer below list price—which she grudgingly accepted. And now that her home-selling saga is over, Stern has some perspective on how her expectations were off-base. “My mistake was thinking people moving from the city would appreciate a home that was architecturally interesting,” she says. “But unless you have a Colonial or standard new construction, many prospective buyers can’t imagine living there.” Jessica Clark, a gluten-free eating expert in Lincoln, Nebraska,, had a similar experience late in 2020, only it was intensified by the fact that she’d already made an offer on a new house. She needed to sell her old home to finance her purchase. “We had a contingent acceptance on our dream home,” she says. Told they were in a seller’s market, she and he husband were optimistic about their prospects and had the home shown like crazy. But there were no offers. It was a painful time, she says: “We felt defeated and so worried.” Despite hearing of homes selling within days, her house sat for well over a month—which felt like an eternity with their dream home hanging in the balance. Finally, one buyer lowballed them an offer. “It wasn’t the best,” she admits. “But we felt forced to accept.”

Buying and selling properties at the same time is just one of many predicaments that can ratchet up the pressure sellers feel to unload their home quickly. Matthew Hart, an automotive expert near New York City, was going through a divorce when he put his home on the market in 2019. The hopes were high for a quick and profitable sale, given that the sunny, cuteas-a-button Colonial was in a desirable neighborhood. At first, all seemed well as a gaggle of buyers called to schedule a tour. The reason, he surmises, is that although the home was in good shape, his disclosures alerted buyers to an oil tank buried in the backyard. He and his wife had known it was there when they bought the place, but it had never caused any problems. They knew that was a negative, so they priced the home appropriately. But it made no difference. No one put in bids. Matt refers to it as one of the hardest moments he’s ever faced. “Bills were piling up, and I was close to giving up and turning the house over to the bank,” he admits. “It felt as if I was stuck in another dimension, and things would never, ever get better.” Finally, after six months, a couple made an offer, which Matt and his wife gratefully accepted, even though it was under the

Ahwatukee attorney Patrick MacQueen and Chandler attorney Benjamin Gottlieb created a different kind of law firm using state of the art legal software and technology combined with awardwinning legal minds to provide the best real estate representation available. Ben can be reached at ben@mandglawgroup.com or 602-533-2840. ■

Handling homes that won’t sell in hot market BY JANET SIROTO AFN Guest Writer

t’s a hot seller’s market, says, oh, just about everyone: Housing inventory is down, prices are up, and even modest abodes ignite bidding wars within days (or hours) of going up on listing sites. But what if, amid this frenzy, you have a perfectly respectable house that just won’t sell? It happens. Certain homes will almost seem cursed in that they sit and sit. And these real estate wallflowers can really mess with a home seller, both logistically (if they’re hoping to move soon) and emotionally. After all, most people love their homes and assume someone else will, too. So when no offers come a-calling, it can plunge sellers into a spiral of questions, from “What’s wrong with my house?” to “Will I ever get to leave?” Denial, anger, embarrassment—all these emotions and more fill a home seller’s long days as they wait for their real estate agent to text or call with good news. Curious to hear more about what it’s like to be stuck in selling limbo, we spoke to some home sellers who struggled to land a buyer. (Spoiler: All of their homes did sell eventually, although that doesn’t make their pain feel any less real.)

see HOT MARKET page RE5

AHWATUKEE FOOTHILLS NEWS | MAY 18, 2022

Market is shifting away from insanity of

Let’s take a look at Ahwatukee: both in homes priced up to $800,000 and also the luxury market. For homes up to $800,000 in Ahwatukee for the week of May 1: • 2020 – 158 active homes on the market • 2021 – 50 • 2022 – 50 In 2022, the market started with 50 homes on the market, dropped to a low of 28 in February, and then back up to 50 by May 1st. A strong upward trend! For homes over $800,000 in Ahwatukee for the week of May 1: • 2020 – 25 active homes on the market

price reductions. We have been seeing price reductions in all sectors of the market, from $400,000 homes to luxury homes over $1 million. This is all indicative of a shift in the market for sellers and buyers. Homes are staying on the market longer for sellers, giving buyers more choices and more negotiating power. We are still in a very strong sellers market, but we are seeing a shift away from the insanity of the past few years.

see HOLLAND page RE5

As evidence of the luxury home market’s strength, this house in the Palma Brisas community recently sold for $1.18 million. The 3,615-square-foot, two-story home has five bedrooms and 4 ½ baths and boasts of a gourmet kitchen, 15-foot sliding glass wall in the great room, a stunning backyard with pool and other amenities. (Special to AFN)

GOT NEWS?

Contact Paul Maryniak at 480-898-5647 or pmaryniak @timespublications.com

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WHISTLING ROCK

$2,499,000 14228 S. 5th St., Phoenix

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asking price. As helpless as home sellers might feel when their house sits without offers, there are things you can do. Ask your agent what time frame for a sale is realistic in your area and given your home’s condition. And if your home sale drags past that point, ask your agent what’s up. Is it priced too high? If you’ve had buyers take a tour, was there anything in particular that made them steer clear? “The agent should get feedback from anyone viewing the property,” explained Tami Bonnell, co-chair of EXIT Realty Corporate International. And even if no buyers have toured the house yet, your agent can also consult other agents and colleagues. With this intel, your agent can suggest ways to boost interest. Decluttering, rearranging furniture, staging, and even a bit of renovating can often nudge a home sale forward. Yet if you’ve done all you can and are

$900,000

2348 sqft, 4 bedrooms, 2.5 baths The perfect 4 bedroom/2.5 bathroom with pool in Desert Shadows II is now available!

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still playing this waiting game, you might need to pivot. Since you can’t change buyers’ minds, the better tactic at this point is to change your own. For starters, stop trying to keep up with the neighbors, even if they sold their home fast for top dollar. “A hot market leads people to believe that, because the house down the street had a bidding war and fast sale, they will follow suit. When reality falls short, there’s disappointment,” says Laurie Leinwand, a licensed professional counselor, of Three Steps Forward. “Your objective is to sell. Let go of time frame. It will happen when it’s supposed to. If it takes a little longer, that’s OK.” And if the thought “What if it never sells?” starts spiraling in your mind, know that you don’t need to buy into that worry and feed it. “Shift from ‘what if’ to ‘what is,’” Leinwand said. “Trust the right person will come along. It’s similar to dating. You just need one right person.” Realtor.com provided this report. ■

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This home is on 1/3 acre lot in one of the best and most sought after locations in the Foothills at the base of South Mountain.

SUMMERHILL

HOT MARKET from page RE3

SOLD

fter the past couple of crazy years in the Phoenix Real Estate market, we are finally seeing some significant growth in the supply of homes on the market. The supply of homes is up 45% in the past six weeks! While this is good news, the increase in mortgage rates has slowed down demand for these homes – they are staying on the market longer. Buyers are taking a step back and waiting to see what interest rates do. So, how is this impacting sellers? With buyers stepping back, the crazy multiple offer situation we have been seeing, and offers coming in way over asking price, Sellers are having to take steps to sell their property and in a lot of cases this means

HOLLAND from page RE4

• 2021 – 10 • 2022 – 11 In 2022, the luxury market started with nine active homes, increased to a high of 16 in April and dropped to 11 by May 1. Homes in this sector of the market are cycling off the market very quickly. So, city-wide for Phoenix, we are seeing signs that the sellers market is not as strong as it has been, and Ahwatukee follows this pattern – except for the luxury market which is still very strong and inventory is low. Please reach out to me and we can discuss how this shifting market impacts you and your home buying or selling needs. Bonny Holland can be reached at Bonny@LeadingLuxuryExperts.com or 602369-1085 ■

SOLD

BY BONNY HOLLAND AFN Guest Writer

REAL ESTATE

AHWATUKEE FOOTHILLS NEWS | MAY 18, 2022

SOLD

REAL ESTATE

COMING SOON

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FAMILY RUN TEAM

AHWATUKEE FOOTHILLS NEWS | MAY 18, 2022

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SPO OTLIGHT home STUNNING & IMMACULATE CLUB WEST HOME WITH UPGRADES GALORE! ORIGINAL OWNERS*AMAZING FLOORPLAN*FORMAL LIVING & DINING ROOM*FAMILY ROOM W/FIREPLACE*GOURMET KITCHEN W/CUSTOM CABINETRY & PULLOUTS,SLAB GRANITE COUNTERS,ISLAND,MOSAICS,PENDANT LIGHTING, & BREAKFAST BAR*BONUS/MEDIA/ GAMEROOM W/ROLLING SHUTTER*BEDROOM DOWN W/FULL BATH*CUSTOM HARDWOOD STAIRS*LARGE MASTER SUITE W/VIEWS,HIS/HER CLOSETS & BONUS CLOSET*MASTER BATH W/WALK IN SHOWER & JACUZZI TUB*UPSTAIRS LOFT*UPGRADES INCLUDE: REMODELED BATHS,PLANTATION SHUTTERS,NEW CARPET,NEW TILE,NEW PAINT,NEW BASEBOARDS,NEW APPLIANCES,SURROUND SOUND, & MUCH MORE*LAUNDRY ROOM*3 CAR GARAGE /EPOXY & CABINETS*VERY PRIVATE TROPICAL PARADISE BACKYARD W/COVERED PATIO,NEW PEBBLESHEEN POOL,WATERFALL, NEW DECKING,GRASSY PLAY AREA & RV GATE*THIS IS A CLASSY HOME!!

Listed for $819,000

Geno Ross (602) 751-2121 www.GenoRoss.com SUMMERHILL ESTATES

716 W KALER DR, PHOENIX AZ 85021

Enjoy superb mountain views from custom single-level luxury home in gated Summerhill. Exquisite courtyard entry opens to spectacular foyer and gorgeous travertine flooring throughout. Spacious gourmet kitchen boasts large island with bar top, stainless viking appliances, granite countertops, custom alder cabinetry, walk-in pantry, desk and breakfast room. Stacked-stone fireplace in family room. Theatre room with components and recliner seating. Master suite features two-way fireplace, sitting room with wet bar, patio access and connected office. Meticulously maintained and move-in ready with 2022 interior paint. Trane hvac units replaced in 2018 and 2019. Backyard amenities include extended covered patio with pavers, built-in bbq, fireplace, plus pebble tec pool with waterfall and spa.

LANDERWOOD 3378 sqft, 4 bedrooms, 3.5 baths

Floor plan includes both a formal living and dining room. Exquisite touches throughout include 24” polished travertine flooring, plantation shutters, emerson ceiling fans, surround sound speakers, crown molding and solid core 8’ doors. Master bathroom features include granite counters, stone tub and shower surrounds, large walk-in shower with two shower heads including rain head, Jacuzzi tub, raised-panel alder cabinetry and large walk-in closet. Two secondary bedrooms feature ensuite baths. Third secondary bedroom with built-in cabinetry. Fifth bedroom is a den with no closet off of the master suite. Secondary bathrooms all feature stone counters and shower surrounds. Huge laundry room with extra cabinetry, stone counters and sink. Extended outdoor living space from large covered patio with gorgeous pavers throughout. 3-Car-garage with Tesla charging station. Reduced energy costs from existing solar panels.

This beautiful mid-century single level home with over 3,000sf is situated on a huge corner lot in the desirable North Central Phoenix corridor

Sold at $1,163,500 SOLD

Listed for $1,450,000 SONORAN LIVING

KELLER WILLIAMS® REALTY

Bonny Holland

602.369.1085 • www.LeadingLuxuryExperts.com

Mike Mendoza

SOLD

SONORAN LIVING

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REAL ESTATE

AHWATUKEE FOOTHILLS NEWS | MAY 18, 2022

Slim silver lining amid housing price increases AFN NEWS SERVICES

omebuyers are facing the perfect storm in the form of rising mortgage rates combined with yet another month of record-shattering home prices. In April, median home prices soared to an all-time high of $425,000, according to a recent Realtor.com® report. That’s a whopping 14.2% rise compared with last year. Meanwhile, skyrocketing mortgage rates averaged 5.1% by the end of April for 30-year fixed-rate loans. And there is still a severe shortage of homes on the market. Based on the new national median list price and mortgage rates, a monthly mortgage payment for the same home costs almost 50% more this April than it did just a year ago. That means buyers who closed last April are shelling out $1,260 for their monthly mortgage payments, while today’s homebuyers would pay $1,820 ($560 more) per month for the same mortgage, on the

480-706-7234 ! LD O S

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same house. “That’s a huge swing for home shoppers to navigate when they’re also likely navigating rising costs for things like gas, groceries, and utilities,” said Danielle Hale, chief economist of Realtor.com. “Today’s home shoppers will need to be extra focused on their budgets to avoid getting carried away in today’s market.” In April 2020, there were 60.1% more active listings than there are now for this same period. To put that percentage in perspective, for every five homes available for sale in 2020, today, there are only two. But there is a silver lining in the storm cloud of record-high home prices and rising rates: Sellers are still listing fewer homes in general than they did pre-pandemic, yet the numbers are inching upward, according to an analysis of four of the five weeks ending in April. While the number of homes for sale fell in 42 out of the 50 largest metropolitan areas compared with 2020, eight metros saw a growth spurt of home listings. Though homeowners are putting up

more “For Sale” signs, the one-two punch of higher home prices and mortgage rates makes purchasing a home nearly impossible for many buyers on a tight budget. As a result, many are dropping out or putting their homebuying plans on hold. That’s good news for home shoppers who have the financial leeway to keep looking, since they might not have to contend with the heated bidding wars of the past few months. And with housing stock also projected to grow in the coming weeks (compared with last year), buyers might face more choices as well as less competition. “These trends together should bring more balance to the housing market that is expected to help cool the pace of price growth,” said Hale. “If home shoppers can navigate higher housing costs, they should have more options to choose from in the near future and less competition from other aspiring homebuyers.” While homebuyers will be able to click through more home listings, there’s no sign of the housing market cooling off

completely. As home prices and mortgage rates continue to tick up, the amount of time a home lingers on the market has hit a new low. “Even in the face of higher home costs, there are some factors keeping home shoppers highly motivated,” explained Hale. “One, rents continue to surge by much more than normal, so many potential first-time buyers are looking to escape not only this year’s increases but future rent hikes, too.” Nationally, rents surged by nearly 20% year over year, to hit $1,807 a month in March. Plus, many homebuyers anticipate that mortgage rates will continue to rise— providing a strong impetus to buy as soon as possible. So all in all, buyers will need to move fast once they spot a place they like. “We still have a lot of young buyers who are looking to make moves into homeownership,” said Hale. Realtor.com provided this report. ■

Ahwatukee’s #1 Team for Over 30 Years 7BR / 4.5 BA / 8,873 SQFT Estate living with refined tranquility in exquisite setting. Meticulous stonework adorns entire exterior of home.

! W E N

4 BR / 2.5 BA / 3,008 SQFT

4BR / 4.5 BA / 3,040 SQFT Rare opportunity for waterfront living in Gilbert. Updated custom with breathtaking lake views.

Listed for $1,375,000

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! LD O S

5 BR / 5 BA / 6,455 SQFT Stunning panoramic views from privately gated luxury retreat with casita on elevated preserve lot.

Beautiful remodel with pebble pool and spa in ideal Chandler location.

Listed For $724,900

Listed for $1,790,000

Sanctuary

Fox Crossing ! LD O S

5 BR / 4.5 BA / 4,820 SQFT Custom home in the heart of Ahwatukee with ensuite bathrooms and 2021 exterior paint.

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Listed for $1,950,000

5 BR / 4.5 BA / 4,405 SQFT Superb mountain views from single-level custom with 2022 interior paint and 2019 HVAC.

Listed for $1,450,000

Listed for $1,395,000

Ahwatukee Custom Estates

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Summerhill Estates

AHWATUKEE FOOTHILLS NEWS | MAY 18, 2022

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Ahwatukee Custom Estates

$1,375,000

SOLD!

Pristine & classy single-level gated tuscan estate! stunning curb appeal w/amazing south mountain views. Grand foyer, entertainment room w/full wetbar & scotsman icemaker, formal dining, family room w/canterra fireplace, kitchen incs :slab granite,alder cabinets,s/s wolf appliances,gas cooktop,miele dishwasher,copper sinks,island, & subzero, most amazing custom stonework ever seen in ahwatukee consisting of marble,canterra,travertine, & granite, large master ste w/sitting area & 2 separate full baths, his/her alder & cedar lined closets, guest suite-2nd master w/ensuite bath & courtyard, extremely private backyard w/covered patio, pebbletec pool w/waterfalls, firepots, firepit, grassy play area, & fully equipped outdoor kitchen, fruit trees inc: apple, orange, lemon, & lime, this dream estate has it all!

Calabrea

SOLD!

$1,339,000

Ahwatukee Custom Estates $1,750,000

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!

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 one is a show stopper!!! over 4200sqft of luxury on a preserve hillside lot in a cul-de-sac, 5 bedroom, 3.5 bath with andThis previewed with 24family hourroom notice andkitchen appointment only. aentertaining. bonus room, formalCan living &be dining room w/soaring ceilings, w/fireplace, includes:s/s appliances,

SOLD! The best view lot in all of club west!!! this stunning custom gated estate in canyon verde has the best privacy & views you will find in ahwatukee*grand foyer*formal living & dining room*executive office*kitchen includes: custom cabinets w/ antiquing, s/s appliances, cooktop, island, breakfast bar, pendant lighting, & walk-in pantry*butler’s pantry w/wine fridge*family room w/fireplace*upgraded fixtures throughout*large master suite w/sitting area*master bath w/jetted tub, snail shower, & spacious closet*guest suite w/separate entrance*all secondary bedrooms are large*paradise perfect backyard w/covered patio, pebbletec pool & spa, firepit, built-in bbq, flagstone, and putting green*oversized garage w/epoxy & built-in cabinets*this custom estate is a dream opportunity! welcome to paradise!!

slab granite, island, & recessed led lights, breakfast nook, gigantic master bedroom with the most amazing preserve views, custom master bath w/walk-in shower, freestanding tub, his/her vanities, & large walk-in closet, all bedrooms are extremely large with walk-in closets, views from every room, laundry room w/built-in cabinets & sink, extended length 3 car garage w/ epoxy, guest bedroom downstairs, paradise backyard w/covered patio, grassy play area, firepit, & custom new pool & jacuzzi 2020, this amazing home is truly stunning and checks all of the boxes!!

www.GenoRoss.com Donna Leeds

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TOP GRI, ABR REALTOR

949.310.5673

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One of the most amazing lots available in ahwatukee!! Located in foothills mountain ranch estates!! Over 5 acre hillside lot with stunning mountain views from every direction*build your dream custom estate or build multiple homes on this sight*zoned r3*the possibilities are endless on this rare opportunity*there is not another piece of land in ahwatukee that offers this many buildable acres*no hoa*located at the end of a cul-de-sac*be the king of the hill with views all the way to four peaks*plans available and other custom home options available from a well know ahwatukee custom home builder*do not miss this amazing hillside lot in an amazing location!!!!

Foothills $499,000

Mountain Park Ranch $679,000

Canyon Verde $899,000

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!!!

Ahwatukee Agent 2020

Geno Ross

602.751.2121

wwwBestAgentWUSA.com

Making Ahwatukee

Home Dreams Come True Since 1986

hwatukee s Come True 1986

www.WestUSA.com I 480.893.0600

4505 E. Chandler Boulevard, Suite 170, Phoenix, AZ 85048

Petroglyph Estates at Superstition Foothills

Lakewood

SOLD!

$635,000

2,498 Sq Ft. EXCEPTIONAL HOME Which Has One of the LARGEST LOTS in the Premier Lakewood Community! PEBBLETEC POOL and SPA in your own Oasis backyard! 4 bedrooms 3 baths with Lakewood Parks, Greenbelts & 2 Fishing Lakes, Playgrounds and More.

Jenifer Bulfer 480-297-6968 jbulfer@westusa.com

SOLD!

$175,000

On the Mountain! Phenomena Views of City Lights and Superstition Mountain. These Jack Nicklaus Spectacular Designed Golf Courses is Nestled in the Private Guard Gated Community, Superstition Mountain Golf and Country Club. Gorgeous 44,000sqft Tuscan Clubhouse with all the Amenities Expected with Luxury Living Including, 2 Nicklaus Designed Golf Courses and Swim/ Tennis/Spa Facility. Membership sold separately

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 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 and entertaining. Can be previewed with 24 hour notice and appointment only.

Marty Griffin 602-692-7653 martygriffin@q.com

Donna Leeds

GRI, ABR

949.310.5673

Ahwatukee Retirement Community

$457,500

PENDING!

Home backs up the 8th Fairway of the Ahwatukee Country Club with great view of South Mountain. Close to Golf, Restaurants, Shopping, the I-10 and Medical Facilities. Sit on your extended covered patio and watch the sun set. Enjoy all the amenities of the Ahwatukee Recreation Center with a large outdoor pool, heated indoor saltwater pool, Sauna, Spa, Gym, woodworking shop and more!

Troy Royston 480-435-3461 troyston61@gmail.com

Thunderbird Farms South

SOLD!

$775,000

Gorgeous property on a premium lot (1 of only 6) with an unobstructed view and access to the iconic Morrison Ranch Silos. Captivating Interior Showcases High Ceilings, Soothing Palette, Tile Flooring, & a Sizable Open Dining/Den/4th Bedroom/Living Room. The Kitchen boasts of granite counters, SS appliances, white cabinets with crown molding, recessed & pendant lighting, wall oven, a pantry, & a center island with a breakfast bar. Main bedroom features a lavish ensuite with Separate Tub & Shower granite dual vanities & a walk-in closet. Fantastic backyard with covered patio, sparkling blue pool, & blue Skies !!

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Marty Griffin 602-692-7653 martygriffin@q.com

Donna Leeds

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GRI, ABR

COMING SOON!

Location location! Conveniently located minutes from I-10, Ahwatukee country Club, park, shopping and dining. Bright open floorplan. New windows in 2015. Tile throughout. Large backyard with covered patio.

Geri Thompson 480-239-7589 thompson_geralyn@yahoo.com

Custom home on flat 3.3 acres with horse arena and room to roam. City water! Custom Santa Fe style 4 bedroom with tons of upgrades. Travertine tile galore, family room and other bedrooms also have tile. Kitchen has been upgraded with quartz counter tops, white cabinets and all stainless steel appliances convey. Custom doors and woodwork throughout home. Also, lots of tile work in bathrooms and other upgrades. Over $30,000 spent on upgraded doors and windows.

Carlos Martinez 480-751-8866 teammartinez11@gmail.com

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wwwBestAgentWUSA.com

Ahwatukee

SOLD!

$580,000

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949.310.5673

wwwBestAgentWUSA.com

$360,000

Morrison Ranch

Chandler

Foothills Reserve

Welcome home to this meticulously maintained beautiful home. Located inside the gated Tuscany Community! Stunning appeal with 3 car garage, fountain, stone pathways, and delightful landscape. Come inside to discover the stunning high ceilings, beautiful stone floors, decorative columns, and formal fining with gorgeous light fixtures. Spacious great room with detailed fireplace, bar, and backyard access, ideal for entertaining. The kitchen boasts granite counters, custom built-in appliances, pantry, wood cabinets, Island w/breakfast bar. Resort-like backyard with covered patio, Built-in BBQ Sparkling pool w/waterfall, manicured landscape, and stone patio with built-in seats and outdoor fireplace, perfect for all your night gatherings.

Beautiful move-in-ready 4 bed, 2.5 bath. 3,002 sq ft. Upgraded kitchen with lots of counters! SS appliances, granite, upgraded cabinetry overlook a highly upgraded pool. Master bedroom deck has INCREDIBLE vistas East, incl. South Mountain. Formal living and dining rooms, upgraded paint and flooring are just part of the fun of this home. A new TESLA solar/ battery system saves tons of $$. Nearby NEW Phoenix city park for hiking and biking, easy access off the 202.

$1,299,000

Mike Foley 480-216-7878 mikefoley.homes@gmail.com

Link Paffenbarger 602-989-7221 linkpaff@gmail.com