MLS # 5419872

4 Bedroom, 2 Bath, Living Room, Dining, Family Kitchen with eat-in breakfast area and island. Great flow, size and condition. Updated flooring, roof, HVAC and Pool.

Spa-Like backyard with large covered patio.

This beautiful home in a rare, small central Scottsdale gated community sits just above Camelback Rd (2 miles to Fashion Square). The home backs on Chessnut park, and the house sits higher for privacy.

The owners have carefully designed and maintained the home to offer High ceilings, a unique custom open floor-plan, great flow, light, privacy, and large living-entertaining areas. It is ready to move in with neutral carpet and interior paint and low-maintenance porcelain tile. The kitchen boasts a gas cook top, eat-in dining area, loads of counter space with an added island opening to the family room and back yard.  On the other side of the house, the Master and office/den/extra bedroom are seperated from the guest/kids rooms down the hall with a secondary door. Pebble finished spa-like pool with waterfall feature and low maintenance back yard with lounging areas. Down the road, update minimally to your specific taste and needs for a fabulous Scottsdale value.

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List Price: $439,900

• 4 Car Garage
• Acre Lot
• Pool/Spa
• 3 BR/2BA
• Finished Basement
• Patios/Decks
• 2,877 square feet

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Fabulous buy in custom, acre neighborhood. Priced just under Current Appraisal. Spacious, open, territorial estate, with finished basement game-room, high-ceiling living room, huge formal dining room (could also be a family/dining room), and large kitchen offering plenty of living space. Great flow and feel. Large, detached 4-car, 2-door project garage, with lots of storage room, plenty of parking out front. Cool north-south exposure, lots of diffused light & well-positioned skylights. Enjoy desert and mountain views from the many decks and patios. Huge backyard with fenced-in pool and spa, outdoor shower, RV gate. Close-in Cave Creek/Scottsdale adjacent location, cool elevation and quiet of Cave Creek, close to schools, shopping, entertainment, 101 access.

Imagine living in a gated community on a hilltop surrounded with panoramic views of the Mogollon Rim, pine trees and mountains. As a bonus, enjoy 72 yards of frontage overlooking the 6th fairway of the Rim Golf Course. This home features 4 bedrooms, 3-1/2 baths, gourmet kitchen, wet bar, family room and game room all under 4180 square feet. A Rim Club Golf Membership is included with the sale of this spectacular home. Option to purchase this home fully furnished A MUST SEE! List Price: $1,195,000

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This link is valid until 2/18/2015.

Don’t miss this ”one of a kind” completely furnished, end unit in this prime Scottsdale location. Richly decorated and furnished, the exquisitely designed artwork and accessories compliment the custom made furniture throughout this home. Mixing Southwest decor with a Tuscan flair creates a subtle ambiance to every room. The chef’s kitchen with a beautiful custom hand-crafted wood table offers options for formal or casual dining. Open the large glass doors from the Great Room to let the Arizona sunshine in, or for those cooler nights, feel the warmth radiate from the copper enhanced fireplace. The wrap around deck features carefree landscaping with two seating areas to relax and enjoy the warm climate, lush landscaping and community water features….

An outdoor TV and sound system are here to enhance your experience. A sound system center and remotes control the electronics throughout the home. The automatic shades are lowered from one control panel with the touch of a button. The master suite boasts a Leather framed king size bed, custom end tables and bedding, a disappearing TV, wood paneled walk in closet and large master bath. Two large Wood Framed, glass sliding doors open to the office with a built in distressed wood desk and a sitting area for relaxation or reading. Come as you are….all luxuries included and ready for you to move in!!

 List Price: $1,050,000

Click Here to see this home’s MLS page:

This link is valid until 2/18/2015.

$720,000   2,698 sq. ft.
Rare opportunity to own the most popular floor plan single level home in highly sought after guard-gated “7600 Lincoln Drive”. This updated home is light & bright w/an open split plan, sitting in a prime location in the back of the community. Enter thru the courtyard and you are greeted by wood floors, cozy fireplace, plantation shutters & walls of glass. The kitchen offers neutral clean line cabinetry, stainless appliances & center island with seating, open to the family room. The master bath boasts newer cottage style double vanities with separate garden tub & shower. The lush rear grounds are an extension of the living rm with patio, new BBQ area & sparkling private spa. 7600 Lincoln also features a great Community pool, Spa & Tennis Courts. Move in ready!

Click Here to see this Listing’s MLS page.

This link is valid until 2/18/2015

Opportunity is Knocking! This already permitted and excavated, 2 1/2 acre lot on Mummy Mountain is a remarkable opportunity for someone looking to Invest in Arizona Real Estate or Build the Luxury Estate of their Dreams. The current owners have over $5 Million invested, but are motivated to sell quickly so they have agreed to a huge price reduction. In 2009 GMB appraised the finished Estate at $15 million then did a supplemental appraisal for the lot “as-is” at $5 million. This area of Paradise Valley is surrounded by Mummy Mountain on 3-sides so it is one of the quietest areas in the town. You must walk the property to truly appreciate the Mountain Views by day and the Spectacular City Lights at night. Plans for an Elegant Luxury Estate from renowned Architect Mark Fredstrom are already approved by the town and included. List Price: $1,799,995

Click Here to view this Property’s MLS page.

This link is valid until 2/18/2015.

The expected drop in FHA loan limits has been announced. Properties must be under contract by the end of the year, with the rate registered and locked in, to use the old FHA loan limits, when the house closes in 2014.

Anyone searching or selling in the $275k-$400k range will be in the most affected section of the market, as today’s FHA loan with 3.5 % down would allow the purchase of a home up to $356,959 with only the minimum $10,709 down. Many people will not qualify to take advantage of a 5% down conforming loan. The drop in loan limits will tighten everything up after January 1, and make sellers anxious, so expect a flurry of sales as this takes FHA loans out of the financing for that sector and leaves the Conforming loan limit of $417k as the next limiter/qualifier.

I would expect fewer decent houses to choose from through the first quarter, with old inventory, rejected by others, and fewer properties going to market until the end of the school year.

“FHA has announced that beginning January 1, 2014, the FHA loan limit in Maricopa County single family residence will decrease to a maximum of $271,050 from the current maximum loan limit of $346,250 (the decrease is in effect for all other AZ counties except Coconino). But, what does this mean to you?

With 3.5% down, a buyer will be able to purchase a home for $280,850 or less, with a maximum loan amount of $271,050.00.

This will have a huge impact on buyers and sellers of homes priced between $280k and $400k.  If you can get under contract before the end of December 31, 2013, you can still use the current maximum limit of $346,250. The scrambling starts now for both buyers, and those hoping to sell.”

Lately, I have seen horrifying short-term graphs that show the rise in interest rates this year, and as much as I tell myself its all relative, I get fearful. So this morning, when a mortgage banker displayed the Chart Freddy Mac puts out with the rolling 5-year and 30-year fixed rate averages, I cringed, and then I pondered, and then I laughed, and laughed, and laughed….

When you look at the thirty year graph below, with its slightly bumpy, but steady decline since 1982, you realize that the latest uptick, is just the bump at the tail of that slope. Sure, it looks horrifying when you magnify it, as in the second chart, but it’s still at historical lows for those of us who matured after the mid ’70’s.

I thought back to when I was a little boy, and those dubbed sci-fi movies terrified me with giant magnified ants and scorpions, but that was about the time our nation enjoyed 3% mortgage rates too. Well, those rates have been long gone for decades, and like so many, I am older, wiser and those tricks of magnification don’t scare me any more, unless they fool me with graphs! Boy, do I feel silly.

Of course, looking at the 30-year chart, I realized I also managed to time a move or relocation to coincide with the spikes on that downward slope: 1985, ’88, ’89, ’90, ’95, 2000…so that is a little sad,

Or then again, just another reason to laugh.

The bottom line: Mortgage rates are still looking pretty good compared to the last 30 years of my life.

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$1.495M

5,660 square feet

This craftsman-constructed, custom Territorial vacation retreat on its acre lot, overlooking the 11^th hole of the private Troon Country Club, can’t be replicated for anything close to this price. An elegantly subtle, yet majestic home, precisely situated above the 11^th Green, its views sight down on Mummy Mountain and the North Phoenix Mountains. The house has been placed to gain shaded patios and windows during the day, yet receive full exposure of the pool throughout the winter season. At night, the Golf Course, Mountain and City light views and desert skies are breathtaking.  And, the house sits far back above the Green and away from the direction of approach. You look slightly down as the golfers pass by, but are never exposed to golf balls or inquisitive eyes.

The lot includes a circular drive to the entry, private drive to the 3 car garage, extensive landscaping with retaining walls, stream beds, water features, trees, cactus, flowers and lighting, and a careful harmonizing of the home’s features with the beautiful desert and fairway character of Troon.

The open flexible floorplan offers a main house with formal Living and Dining Room, 3 large en-suite Bedrooms including an extensive view deck off the largest, an office, and the soaring great room with its own large informal dining room, large kitchen, laundry room and outdoor living room all adjacent. The free standing guest casita has its own private patio, living room with beehive fireplace and golf course picture window views, walk-in closet, bathroom with over-sized shower, and an outdoor shower for pool users.

The kitchen & baths offer territorial flair with hand painted tiles, flagstone floors & massive wood beamed accents. The outdoor living area is resort-like with a large, high-roofed conversation area, gas kiva fireplace, negative edge, heated, PebbleTec pool and spa, BBQ area, and multiple view patios.

Best of all, this prime location on the 11th hole of the private Troon Course, adjacent to The Glenn Moor Club, in exclusive guard-gated Glenn Moor at Troon, is close to the shops at Pinnacle Peak and DC Ranch, and minutes from Scottsdale’s best restaurants. Golf and Country Club memberships at Troon CC (not to be confused with the public-accessible Troon North Course) are available but not required with purchase.  Current Glenn Moor HOA fees are very reasonable, and include guard gate, community maintenance, and Club with pool and tennis courts.  A true desert oasis!

One of the most magnificent homes in the state is found at The Rim Club.  This spectacular mountain retreat overlooking the 7th hole is known as ”The Log Mahal”. This property is a dream purchase for the ultimate golfer or outdoorsman. Elegantly sprawling over 10,000 sq ft inside, with several thousand feet of deck and patio space,  it features 9 bedrooms, 10 bathrooms, full maids’ quarters, 3 full kitchens, an 1800s-style saloon, wine cellar, private elevator, 6 fireplaces, full-size arcade, heated/AC play house and a 6-car garage.

Elegant attention to detail is displayed both inside and out. With 175 year-old reclaimed wood floors, unique, hand-carved doors imported from Mexico & Peru and massive stone work throughout, the property is unique and magnificent.

Of course, Two golf memberships are included with the property. Just a short drive up from Phoenix or Scottsdale, or you can fly your private jet into the Payson Airport and enjoy this STUNNING log home!

$6m  Learn More about this home at my Coldwell Banker Previews Site

So few people know about Arizona’s geography, with our rim country changing the elevation and weather, running across the middle of this state. Just a magnificent 90 minute drive from either Phoenix Sky Harbor Airport, or Scottsdale’s private JetPort, this is a glorious Country Club retreat, almost a mile higher than downtown Phoenix, sitting in a moderate climate.

Inside this 24hr gated community, you are “standing on top of the world” overlooking the fifth hole of the prominent Rim Club Golf Course. This pristine setting showcases golf course views, mountain views and year-round outdoor activities.

Old European style architecture, fantastic walk-in closets, custom cabinets throughout, top-of-the-line audio and alarm systems, a 400+bottle wine cellar and a cook’s kitchen. Master down is split from the other downstairs bedroom; two bedrooms up. Each bedroom includes a private bath. The master bath has heated floors. You are embraced with attention to detail in this picturesque retreat. Optional membership in the Rim Golf Club, with its own spa is available.

4 bedrooms, 5 baths, 3 car garage, 5280 sq ft       $2,500,000      Learn More about this property at my Coldwell Banker Previews Website 

$8,899,999 price

Custom 8900 sf home on approx. 1.7 acres.

Designed by Terry Kilbane, no expense was spared: The windows and doors are from Austria, the house boasts antique fireplaces, custom designer finishes, an elevator and a separate guest house.

Magnificent picturesque views showcase the Sedona Red rock Canyons.

Completed in 2006. Built by Phil Morris

Email me for more information.

A perfect second home ideally located near the Scottsdale Waterfront adjacent to the town of Paradise Valley. A rare opportunity to own the most popular floor-plan single level home in highly sought-after gated 7600 Lincoln. This updated home is light & bright w/an open split floor-plan, sitting in a prime location in the back of the community.

Enter thru the charming courtyard as you are greeted by wood floors, cozy fireplace, plantation shutters & walls of glass. The kitchen offers neutral clean line cabinetry,stainless appliances & center island w/seating,open to the family rm w/built ins & fireplace. 3 spacious bedrooms w/their own baths & neutral design.

The mstr bath boasts newer cottage style double vanities w/sep garden tub/shower. The lush rear grounds are an extension of the living room w/cantera stone patios, BBQ area & sparkling private spa. Community pool,spa & tennis…Move in ready!

Sitting atop a spectacular ridge with endless views over the Santa Ynez Valley is a stunning contemporary home designed by renowned architect Frederick Fisher. The entire structure is clad in corrugated Cor-Ten steel and is punctuated by vast expanses of glass to take advantage of the 360 degree views.

Situated on 20 acres in Santa Barbara wine country, this home was completed in 2006 and featured in Interior Design Magazine and is the 2007 AIA Design Award winning home.

It is a 6 bedroom 7,000 square foot residence with 5 full baths and 2 powder rooms. There is an additional 2,300 square feet of outdoor covered patio’s and walkway. It’s indoor/outdoor living at its very finest.

The massive front door opens to the expansive living room, dining room and kitchen. Grand in proportions, with high ceilings and large south facing sliding glass doors, this spectacular room is the center for gracious entertaining and relaxed dining. The counter tops in the kitchen and wine bar are made of grey Zodiac stone that complement the rift-sawn white oak plank floor. From the 60” Wolf range to separate Sub-Zero refrigerator, freezer, and Miele dishwasher, this kitchen is a true chef’s paradise. Every possible culinary appliance (Miele steam oven, Gaggenau deep fryer, Sharp carousel microwave, Dacor warming drawer and U-line under-counter refrigerator drawer) is within easy reach. A large walk-in pantry is just steps away. The living area features a floor to ceiling steel fireplace surrounding and a black granite hearth that faces out to the terrace and views beyond. Custom sliding glass pocket doors open to the terrace and shaded outdoor living areas.

From the main house, a hallway with views into the courtyard, leads down several steps to the Master bedroom. The room is on axis with the lap pool and therefore enjoys equally magnificent views. The Master suite is comprised of a glass walled luxurious master bath complete with an oversized ceramic tile double shower, traditional Japanese teak soaking tub and a striking hanging double mirror. Cabinets and floors sheathed in teak help create a sanctuary setting.

All heating, air conditioning, lighting, audio-video, pool, spa and security systems are electronically controlled through keypads or touch-panels. There is a detached guest house and a three-car garage with a workbench area. The whole compound is situated around a Zen garden that can be sealed off with steel gates.

The home and grounds are designed for minimal maintenance. Currently there is a gardener that comes once a week and no other staff. World renowned landscape architect George Girvin made use of native species to create a drought tolerant paradise of oaks, olives and grasses. There is a lookout area with fire pit and 360 degree views and there is a .4 mile hiking loop through a pristine valley of oaks, grass and wild flowers. The arrival to the home is punctuated by a circular cobblestone driveway, a bold modern sculpture and 9 ancient olive trees relocated from Napa Valley. At night the outdoor lighting is spectacular. This truly unique, modern masterpiece graces the landscape with its dramatic design and reflective soul, and is a striking example of the essence of subtle sophistication. Most of the furniture is available upon request.

Please contact me for more information or images.

$7,600,000