arizona real estate

Fleming Springs Road, Estate of the Day

Filed under: Estates

Today's home has a super motivated seller. This mountain top retreat in Cave Creek, Arizona has been reduced $6 million since being listed. The property offers nearly 75 acres of desert with a forest of saguaro cacti.

The six-bedroom home has been featured by the Wall St. Journal, Arizona Republic, Fox 10 and NBC in Phoenix. It has more than 10,000 square feet of space with 150-year-old oak flooring taken from a Midwest warehouse in the great room. The home takes inspiration both from Tuscan style as well as local adobe. There are lots of skylights including one that lights up the kitchen. The master suite that straddles the top of the mountain for sunrise and sunset views. Other rooms include a wine room, media room and game room. An elevator connects the floors. Outside there is a pool complex and an outdoor kitchen perched up on the hillside. This home is listed at $9.9 million.

Gallery: Cave Creek, Arizona

Tags: arizona, arizona real estate, cave creek, estate of the day

Continue reading “Fleming Springs Road, Estate of the Day”

Hilltop Estate in Arizona Up For Auction

by Deidre Woollard (RSS feed) —

Filed under: Estates

A major luxury estate on a hilltop in Arizona is going up for auction. The home in Maricopa, Arizona is being offered at absolute auction on Thursday, December 9. It's a 154-acre property with a custom home that was built in 2002. The gated entrance and both of the home's fireplaces feature stone and turquoise harvested directly from the property. The 5,346 square foot layout includes four bedrooms, a gourmet kitchen, four-car garage, home theater and covered patios. The property has BLM land to the north and west and state land to the south, providing maximum privacy, and is located a 20-minute drive to a private airstrip or 40-minute drive to Phoenix .

The auction will take place on site at 13040 North Hidden Valley Road in Maricopa, Arizona on December 9. Registration for the event will begin at 1 p.m. Buyers also have the option of live internet bidding at www.proxibid.com/supremeauctions. The property will be available for viewing by appointment from 12-4 p.m., November 13 & 14, 20 & 21, 27 & 28 and December 4 & 5.

"When the gavel falls on auction day, someone will walk away owning this mountain paradise, regardless of the final bid price...it's an amazing opportunity for buyers," said Maverick Commins, auctioneer and president of United Country - Supreme Auctions.

Gallery: Arizona Luxury Home Up For Auction

Tags: arizona real estate, luxury real estate, maricopa, real estate auction

Lake Hills Drive, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Today's home may be tucked into the woods of Flagstaff, Arizona but its no woodsy mountain nest. The ultra contemporary home on seven acres has glass walls and an angular shape. There is a massive great room with 22-foot ceilings, a cantilevered study/media room and a large kitchen. The home's current owners have filled this space with colorful modern art and furniture, enlivening the blocky space. The master bedroom suite is a zen retreat with a heated Japanese soaking tub and steam shower. The property also includes a separate guest apartment. This home is listed at $2.995 million.

Gallery: Lake Hills Drive

Tags: arizona real estate, estate of the day, flagstaff

Continue reading “Lake Hills Drive, Estate of the Day”

Centerpoint Project Sold, To Become Apartments

by Deidre Woollard (RSS feed) —

Filed under: Real Estate Developments

A Tempe, Arizona project that we've been following since 2006 finally has some new owners. Earlier this year the Centerpoint Condominiums project fell into foreclosure. The concrete, glass and steel project called for a pair of 30-story towers with around 800 units ranging in size from small studios to large penthouses. The project has been unfinished for years. ML Manager LLC, acting on behalf of investors, filed for foreclosure and placed the unpaid principal of condo developer Tempe Land Co. LLC at $135 million. Although a foreclosure auction was held in April there were no takers. The project has now been purchased by the Zaremba Group for $30 million. Proceeds from the sale will go back to the development's investors. The company plans to finish the two residential towers and retail space by summer 2011 and then rent it out rather than sell the condos as was originally planned. The luxury apartments will be marketed to Arizona State University students.

Tags: arizona real estate, centerpoint, centerpoint condominums, zaremba group

Arizona Real Estate Developer Faces Foreclosure On Major Land Project

by Deidre Woollard (RSS feed) —

Filed under: Real Estate Developments

Some Arizona land that was once to hold over 1,000 luxury homes and a luxury resort may be heading for a trustee's sale. The Arizona Republic reports that the Ellman Cos., doing business as Goldfield Preserve Development LLC, defaulted on a $177.1 million loan for the 2,450 acres of land in Maricopa County northeast of Scottsdale. The trustee sale is set for August 4.

The project known as the Preserve at Goldfield Ranch is part of the existing 5,000-acre Goldfield Ranch community. Ellman bought 2,200 acres for the development in 2006 for $133 million. The resort was to have a Canyon Ranch spa and resort and the single-family property lots were to be one to eight acres. In 2007 after the Maricopa County Board of Supervisors approved a master-plan amendment for the project it was predicting that groundbreaking could take place in as few as two years.

Don Kile, Ellman's president of master-planned communities is quoted in the article as saying that the company continues to work with their lenders to "resolve this issue and to maximize the property's value and marketability."

Tags: arizona, arizona real estate, bankruptcy, canyon ranch, ellman, goldfield ranch, preserve at goldfield ranch

Grand Estancia Estate, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Today's home sits within the gated community of Estancia in Scottsdale. The sprawling estate spans three lots in the subdivision at the base of Pinnacle peak. it was designed to blend in with the boulder outcroppings creating a private oasis. Heavy wood doors, tile floors and curving adobe fireplaces add to the feeling of desert luxury. There are eight bedrooms total and over 20,000 square feet of living space if you include both the caretaker's cottage and the large 2,000 square foot pool house. The outdoor space includes large porches as well as several outdoor fireplaces and seating areas and a pool with a waterfall. This home is listed at $15 million.

Gallery: Grand Estancia Estate

Tags: arizona, arizona real estate, ArizonaRealEstate, estate of the day, EstateOfTheDay, scottsdale

Continue reading “Grand Estancia Estate, Estate of the Day”

John McCain's Former Home, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Today's home in Phoenix, Arizona was once the home of John and Cindy McCain. The home, on over two acres, was Cindy McCain's childhood home, where she was raised as a privileged beer distributor's daughter. When the McCains lived there they spent $250,000 remodeling the home back in the 1980s. In 2006, the couple downsized into a condo and put the home on the market. When I first heard about it in 2006, they had a bit of trouble selling the house, listing it for around $3.75 million.

The current owner is going for a bit more. They have listed the home, which has seven bedrooms in the main house and two bedrooms in the guest house, for a hefty $12 million. The home includes a master suite with a Mexican-tiled private patio with a spa and built-in fireplace and seating. The gourmet kitchen has slate floors, granite counters and heavy commercial stainless steel appliances. The guest house also has an attached his/her dressing cabana. More pics at the virtual tour. It seems to have had quite the renovation since the McCains lived there. Check out the pics from 2005 when Architectural Digest visited the McCains. It's virtually unrecognizable except for certain telling details like the fireplace in the master bedroom. I have to say, I prefer Cindy McCain's version of this house.

For more prime properties and lush locations, see Luxury Homes and Mansions.

Gallery: McCain's Phoenix Home

Source

Tags: arizona real estate, ArizonaRealEstate, celebrity real estate, CelebrityRealEstate, cindy mccain, estate of the day, john mccain, JohnMccain

Continue reading “John McCain's Former Home, Estate of the Day”

El Rojo Grande Ranch, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

We've seen some pricey homes in the Sedona, Arizona area before but this one is stratospheric. The reason? Land. The El Rojo Grande Ranch has 173 acres of prime land located 1.5 miles west of the Sedona city limits. The main home is a 6700 square-foot circular home which was built in 1994. The home is designed around a central courtyard with rooms that spread out like wheel spokes. Inside a mix of stone, wood, curvilinear plaster walls and picture windows give it a modern yet completely Southwestern feel. The estate also includes a 1,350-square-foot guest house and 1,700-square-foot caretaker's quarters. The ranch is also home to the El Rojo Grande Equestrian Center which sits on approximately 9.1 acres. It includes a box stall barn with nine stalls and a veterinary clinic, a corral barn with tack rooms and an office, a working barn with a blacksmith area and locker room, a hay bar, three arenas and a round pen and two corrals. The land also includes a separate 2.5 acre park located at the foot of one of Sedona's famous red rocks with picnic tables, a bandstand and room to hold special events. It is an amazing property. It's also got an amazing price, $29 million which may be a bit too rich for Arizona blood.

Source

Tags: arizona, arizona real estate, el rojo grande ranch, ElRojoGrandeRanch, estate of the day, sedona

Continue reading “El Rojo Grande Ranch, Estate of the Day”

Casa Mariposa, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Some of the wackiest houses I encounter are built in the desert. Something about no neighbors close by and plenty of room to roam lets the imagination take flight. Case in point, Casa Mariposa, the Butterfly House, in Fountain Hills, Arizona is a 18,595-square foot main home with four bedrooms, a 70 x 40-foot great room, two elevators, a library, study, billiard room and two garages with room for 10 to 15 cars and a maintenance pit. The home is on 3.4 acres and has a grotto, pool-sized waterfall and nearly as much outdoor square footage in the pavers as the house itself. The butterfly theme is reflected in the marble floor, the doors and even some of the windows. This estate is listed at $9 million.

Gallery: Casa Mariposa

Source

Tags: arizona real estate, casa mariposa, CasaMariposa, estate of the day

Continue reading “Casa Mariposa, Estate of the Day”

Sedona, Arizona, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Today's estate takes us to the peaceful and scenic town of Sedona, Arizona, the several resorts and spas. This Italian villa sits on a 8.78-acre hilltop site which borders National Forest Service land and offers views of the famed red rocks. It has a natural stone facade and inside there are 9362 sq ft of living space. The home has four bedrooms, a billiard room, media room and a separate office with a gym. Special details include Venetian plaster, reclaimed timber and stone floors. Outside there is a swimming pool, hot tub and a summer kitchen and a covered patio with a fireplace. The furnishings and art can be purchased separately. It is listed at $8.5 million. A few pictures after the jump but this home can be seen more clearly in the virtual tour.

Source

Tags: arizona, arizona real estate, estate of the day, sedona

Continue reading “Sedona, Arizona, Estate of the Day”

Tempe, Arizona: Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

What is it that makes a house special? Today's estate in Tempe, Arizona has a number of desirable features including its own two-acre lake and seven total acres of tranquil Arizona land. The home itself is a single-level dwelling that rambles over 11,000 square feet. It has gorgeous wood ceilings, cool stone floors, a curved stone fireplace and stained glass details. The home gets much of its charm from the uses of arched windows and doorways. The master suite has a gas fireplace and opens to a private outdoor spa. One of the most impressive features is the incredibly over-the-top million-dollar kitchen designed by Kitchen Expo.There is also a two-story guest house, expansive outdoor entertaining area and parking for 10 cars. It is listed at $.8.5 million. Pictures of the interior, including that ridiculous kitchen, after the jump.

Source

Tags: arizona, arizona real estate, ArizonaRealEstate, estate of the day, luxury homes, luxury real estate, tempe arizona

Continue reading “Tempe, Arizona: Estate of the Day”