Scottsdale Luxury Bank Owned Homes – Buy Your Luxury Home Below Market!
July 9th, 2008 categories: Featured Greater Phoenix Real Estate
The foreclosure market is not just limited to the first time home buyer market. We are seeing short sales and bank owned homes in the luxury home market. Doing a search today for Scottsdale bank owned homes over $1,000,000 results in 8 homes that are for sale by banks. These homes range in price from $1,021,250 – $2,400,000. Square footage on these homes range from 4358 sf to 8549 sf. These homes are located in communities like Estancia, Desert Highlands and Troon in North Scottsdale.
I have an amazing listing in Estancia that is several hundred thousand below market. My listing is a brand new spec home in the exclusive private community of Estancia.This home is listed at $2,375,000 and recently appraised for $3,000,000. Features of this
home include a gourmet kitchen w/ granite counters & travertine backsplash, large island, Wolf double ovens, cooktop & microwave, warming drawer, Asko Dishwasher and sub zero fridge.
English walnut stone floors throughout w/ upgraded carpet in bedrooms and hardwood flooring in one bedroom that would make a great office. Limestone fireplace in formal room and a floor to ceiling stone fireplace in family room. Wood beams in formal rooms add to grandness.
As with all Arizona luxury homes, outdoor living is a major part of the lifestyle. This home features a glass pebbletec salt water negative edge pool w/ adjacent spa. Views from the pool and patio are amazing, including unobstructed city light view and view of Pinnacle Peak. Large patio including outdoor fireplace with sitting area and additional seating area near outdoor kitchen. Wiring for outdoor speakers and tv are all present.
This home also features a huge basement which includes a theater room, exercise room, wine room, bathroom and huge family room. There is also an additional kitchen in basement. This area would function great as
an office, additional family room or great for teenagers. The basement also includes a subterranean view of the pool.
This is truly an amazing value. You can go to my Featured Homes page, to view the full listing and many more photos. Call me at 480-201-4185 to schedule your private appointment to view this spectacular Estancia home.
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