Top 3 [Not so] Pricey Phoenix Pads, 4th ed.

4 01 2010

Here we are, once again to touch base with the Phoenix luxury real estate market!  As stated previously, I am juggling this series between the $1-3 MILLION range and the $3MILLION+ range.  This post will be from $1-3 MILLION, however, 156 homes have closed since the last post!!  After noting the drastic increase, I am branching this off into it’s own series, and will do it monthly (as long as the market allows).

Interested in Phoenix luxury real estate?  Subscribe to this blog, as I try to do one of these posts along with luxury market updates regularly.  Check out my previous [not so] Pricey Pads posts!

This time around, my top 3 are as follows:

STATS: This gorgeous Gilbert estate sold for a mere $1,010,000 in late November.  It has a comfortable 6,875 square feet, 6 bedrooms, 7 bathrooms, 6 car garage, lap pool, and it all sits on1 acre of land.  Oh yes, I almost forgot to mention it is 1 acre of LAKEFRONT property.  You read correctly, we do have man made lakes (not as dry of a desert as one would think!). Santan Lakeside Estates is one of the select few Phoenix Metro area lake subdivisions that actually allow boating/swimming/skiing, which is a TREMENDOUS PLUS for the water sport enthusiast.  The breakdown on the price per square foot is $146.91.  Now that you’ve read about it, feast your eyes on the photos.

STATS: Here is a first for the Pricey Pads Series; a home on the west side to make the list!!  It resides in Peoria, AZ, in Copper Creek Estates (very close to the neighborhoods of Entrada, Terramar, Eagle Ridge, etc). The home consists of 6,382 sq ft, plus an 867 sq ft guest house totaling 7 bedrooms and 6 bathrooms.  It also has a 4 car garage, pool, spa, and is pleasantly situated in a gated community on just over an acre of land. Sold for $1,200,000 at the beginning of December, which brings the price per square foot to $188.03.  Check it out!

STATS: The next city is a repeat offender, home to the majority of homes in these posts.  You guessed it, Paradise Valley!  Hillside 2.5 acre lot accommodating an outstanding 11,003 sq ft home.  This 2004 estate in La Place Du Sommet came complete with 4 bedrooms, 6.5 bathrooms, a 4 car garage, negative edge/infinity pool and spa, wine cellar, and views GALORE.  It sold for $2,600,000 just a few days ago, making the price per square foot $236.30.  One of the best in the area!  Where else could you get a hillside home of this magnitude for only $2.6 million?!  Shall I say eat you’re heart out California?

Hope there was much pleasure taken in viewing this month’s [not so] pricey pad post.  Stay tuned for more on the luxury real estate updates like this!

-Colin Stevens-

Check out the entire Pricey Pads Series!




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