The GOOD. the BAD. the UGLY. SELLING a home with TENANTS.


There are many reasons someone might need to sell a tenant-occupied property in the Valley of the Sun.

You hate being a landlord, landlord life is not for you! You want to take advantage of Phoenix, Arizona hot sellers’ market. You are looking to move money elsewhere. If you must sell a home with tenants its best to tread lightly

and do some research. Kidding…it’s not breaking bad style of selling homes although we have been called the wild wild west or real estate. Everyday homes in Phoenix, Scottsdale, Tempe, Chandler, Mesa, Gilbert, Glendale, Peoria, and through Maricopa County Arizona are being sold with tenants in place.

Here lies the good, the bad, and the ugly of selling a home with tenants + some advice and guidance from top Realtor John Pesqueira.

P.S if you hate reading, email, or call for a consultation.

The Good (Thank you baby Jesus):

By selling a home with tenants it allows you to continue collecting rents and making money (Cheddar baby). On top of rental income when you close escrow you will receive a huge check (Cha Ching). And if done correctly you will not need to transfer or pay back the deposits. This is a perfect world scenario but as well all know nothing is perfect. There is a saying in real estate, what can, will go wrong. Expect the unexpected.

The Bad (issues that must be addressed upfront):

Tenants have rights! Every landlord in Arizona should read the Arizona Land Lord Tenant act. Get familiar with this bible. Know your rights and the tenants’ rights before listing any property with tenants.

A common tenant right is 48 hours’ entry notice. Many tenants will allow showings in short notice and or in 24 hours but that should be addressed with the tenants and in writing. An entry notice must be in writing or email, should be followed up with a call, and a confirmation. This means that any and all showings, inspections, or any entry must be scheduled days in advance.

On the other side buyers don’t have the time to wait for a showing in a hot market like Phoenix-Scottsdale-Tempe, Arizona. You will have many buyers pass the home up for a showing or interest and some are good buyers. A tenant (not knowing) can easily sabotage a sale by making it difficult to access or not allowing showings. ** Reminder *** read/familiarize the Arizona Land Lord Tenant act. It’s your landlord bible.

The Ugly (Go F**K YOURSELF!):

A tenant can kill the deal fast! A tenant can damage the property before and after inspections. A tenant can damage the home before final walkthrough. If the damage is substantial the new buyer might want to renegotiate price, credit, or terms. The new buyer could back out and the sale falls through. This will leave the issue with you. At this point you lost a good buyer, you waisted a lot of time, and your home is in worse shape than when you put it up for sale. A lose all the way.

A mad or uncooperative tenant is difficult to work with. If a tenant is being difficult with you (Seller) how do you think he will be with a 3rd party like a Realtor? Not good, the deal is dead on arrival.

The truth about selling a home with tenants is your buyer pool is smaller for many reasons (access/entry, unforeseen damages and issues, etc.). Financing is a little trickier for tenant occupied homes when it comes to 1st time home buyers and todays #1 buyer is 1st time home buyer. When selling to an investor buyer make sure to have P&L, leases, and tenant info ready. But all these issues if addressed upfront and correctly will result in a top of the market sale.

Advice (From a top Realtor, John Pesqueira)

Tenants are a crucial part of selling a home with tenants, they somewhat take the position of the owner. As a top Realtor in the Phoenix, Arizona market (including Scottsdale, Tempe, Chandler, Mesa, Gilbert, Glendale, and through Maricopa County Arizona) I have sold many homes with tenants in place. My advice is right from the beginning of the move in date or 1st meet start building a good repour with the tenant. Don’t be a slum lord! Always be courteous and quick to correct issues/respond. Communicate with them often, maybe add verbiage the lease that allows you to enter every 3 months for maintenance and ask them if selling in the future would be an issue – even if you’re not considering selling. This will allow you entry/access and by doing so will keep you up to date with your property.

Although you’re in the real estate business, your also in the people/customer service business. In the people/customer services business people will work with, not against people they like.

This last part is some option scenarios for selling a home with tenants, a guidance as you will.

Option 1: the best option is allowing the lease to expire or let them move out. This allows you to fix up the home and get it ready to sell. It’s almost guaranteed you will make more money without a tenant in place and the home will be ready for new buyer. Even investors prefer a move in ready home vs one with a tenant. Unless they are getting a deal or have done this before.

Option 2: You must sell, don’t spring the sale on the tenant last minute. The minute you are considering selling let the tenant know. This will give them time to prepare and or enough time to find a new place if need. Let’s say at first the tenant is upset, give them time to come around. Sometimes people need a little time to reconsider. Ask their thought about it and if they will be cooperative. More than likely they will be cooperative. If they could be a problem offer them some sort of incentive (less in rent, $ for early move out, dinner, gas, etc.) for early move out or cooperation. If you know for a fact, they will be difficult then wait till the lease expires and let them move out but don’t rush them out. Tenants have rights.

Option #3: Hold onto your investment. Phoenix, Arizona and surrounding cities (Scottsdale, Tempe, Chandler, Mesa, Gilbert, Glendale, and through Maricopa County Arizona.) is one of the hottest real estate markets in the country. Home values continue to go up and last I heard the Phoenix metro area holds the fastest rising rents.

The last and really the first step is choosing an agent. If you choose an agent to begin with then they will guide you through the process. It allows the agent to begin building repour with the tenants as well as yourself.

A Realtor selling a home with tenants should be courteous. A Realtor should try to work with them and handle any and all showings through them. A Realtor should give the tenant 48+ hours’ notice (Or what was agreed upon) to enter. A Realtor should treat them like they treat any client. A tenant should access to the Realtor and his/her team 24/7. And finally, the Realtor should understand the tenant’s position; also understand the seller’s position as I have been both in my life.

Selling a home with tenants by John Pesqueira, Realtor at Attorneys Realty. E. LavishPadBoutique@gmail.com | W. https://www.lavishpAdZ.com/

DESERT MOUNTAIN TUSCAN ESTATE comes with Italian wood-fire pizza oven


SCOTTSDALE, az | 41324 N 95TH STREET | Desert Mountain

You had me at pizza…

Complete with Exquisite finishes throughout such as: wood-beamed ceilings, Venetian plaster walls, Italian tile flooring, carved Cantera accents and extensive wrought iron detailing.

Situated on 2.2 acres in the premier Saguaro Forest Village in Desert Mountain. This lavish estate (41324 N 95TH STREET) Scottsdale features 5 bedrooms and 5.5 bathrooms, 7,390 sf, with a 4 car garage + parking for more, and Separate 2 Bedroom Guest house.

Amenities include luxury home theater, library, bar and wine room, gourmet kitchen, , pool & cascading spa, circular auto court with center fountain, and so much more.

* The home is listed with Kathy & Hugh Reed | Russ Lyon Sotheby’s International Realty

The only question need I ask is who does not want their very own pizza oven? And an authentic Italian wood-fire pizza oven at that? I sure as hell do… Unfortunately, chef is not included in the $2,750,000 price tag. The property is turnkey, fully furnished with Rich Drexel furniture, and Desert Mountain Memberships for Golf or Lifestyle available from the Club with approval. . All you need to bring is your toothbrush and some Venezia’s or Joe’s Ny style Pizza to throw in the oven… Lets get the pizza party started!

Desert Mountain Real Estate for sale

Search luxury homes for sale @ lavishpAdZ.com

Two of the most expensive listed homes in Arizona set for auction.


This is one way to unload a few homes quite quickly. At one time Baseball Hall of Famer “the big unit” Randy Johnson’s once priced $25 million dollar pad and Villa Paradiso a privately gated estate in the heart of Paradise Valley once priced $27.5 million were the most expensive listings in Arizona and are up for auction. Randy Johnson’s luxury pad has been on the market for over 1500 days while the other has been up for sale less than a year. Both these sellers have decided to change things up and try their luck at auction.

Mansions for sale

Auction #1. 8055 N Mummy Mountain Rd, Paradise Valley, AZ (Randy Johnson pad)

7 beds . 12 baths . 25,416 sf . 11+ car garages . 5 acres

 

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Public Remarks: Lush palm trees, flowering plants and a stone archway lead to the intricate wooden door and paradise beyond. Designed by Erik Peterson, this 5-acre Mediterranean estate features timeless details such as wrought iron accents, wooden shutters, and handcrafted cabinetry, while offering the very best in home entertainment. Revel in the exquisite craftsmanship, fine finishes and custom features inside, including your own home theater and recording studio. Host a grand gala under the stars around your resort-style pool area, cabana and fire pit. After a friendly tennis match, retreat to your spa-like master sanctuary for a rejuvenating bath, then watch the desert sky from your private terrace. Perfectly situated at the base of Mummy Mountain; here, sweeping views surround you.

Auction: Bid 1/29–31 | Previously $14.5M, Selling Without Reserve | Showings By Appointment Only | Call Concierge Auctions at 646.760.8109 or visit ConciergeAuctions.com for details.

For more details: https://www.conciergeauctions.com/auctions/8055-north-mummy-mountain-road-paradise-valley-arizona

Listing agents: Robert E Joffe & Jonathan Friedland | Launch Real Estate

Auction #2 5838 E Starlight Way, Paradise Valley, AZ 85253

8 beds . 11 baths . 30,859 sf . 6.3 acres. 12+ car garages 

 

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Remarks: Privately gated estate in the heart of Paradise Valley with breathtaking views of Camelback Mountain, the McDowell Mountains, and Four Peaks Range surround this amazing property. Experience exquisite finishes and rare amenities from exclusive interior designer David Scott and Frank Lloyd Wright trained exterior architect Vernon Swaback; such as the tranquil Water Room’s rounded glass walls and surrounding exterior water features. Other unique highlights of the main home include an executive home office, trainer’s gym, basketball court with electronic score board, twelve seat grand theater and wine cellar.

Auction: Home is scheduled to be auctioned on January 31st, 2019 at the Phoenician Resort. This is a Limited Service Listing, and no licensed representative is available to present/negotiate any pre-auction offers, but please contact Sandra Wilken at (480) 390-6050 for instructions should you have a client who wishes to present an offer prior to auction, or bid during the auction.

For more details: https://www.conciergeauctions.com/auctions/villa-paradiso-paradise-valley-arizona

Listing agent: Sandra Lawton Wilken | Engel & Volkers

Mansions for sale

 

The 3 Most Expensive Homes & Mansions Sold in Scottsdale, Phoenix, and Paradise Valley In 2018 are…


Scottsdale-Phoenix-Paradise Valley, AZ — With 2018 coming to a close, here is a look at the 5 most expensive homes that sold in the 3 most expensive cities in Arizona.

Without further ado, take a peek at the most expensive houses sold, according to ARMLS (No pocket or off market listings were included).

Scottsdale, AZ

 20450 N 108Th Pl | Silverleaf – $17,500,000

The 3 Most Expensive Homes Sold in Scottsdale, Phoenix, and Paradise Valley In 2018 are

20,000 sf. 6 bedrooms/14 bathrooms. 4 acres. 8+ car garage

The scoop: Spectacular mountain and city light views come with this luxurious estate situated on 4 private acres on the 6th hole of the Tom Weiscopf designed Silverleaf golf course and adjacent to the McDowell Mountain preserve’s hiking trails. All the main living areas including the Master suite are located on the first level. The home boasts 5 indoor and outdoor kitchens, 2 elevators, a virtual reality/golf simulator room, gymnasium w/ basketball court, volleyball court and rock-climbing wall, home theater, fitness center w/steam room, detached guest house w/ private drive, 8 garages, high-tech game room, estate pool, multiple spas, state of the art security & home automation. Shown by appointment only. Buyer to pay the DC Ranch Community Transfer Fee of 0.5% of the sale price.

 10851 E Wingspan Way | Silverleaf – $10,300,000

The 3 Most Expensive Homes Sold in Scottsdale, Phoenix, and Paradise Valley In 2018 are 1

12,500 sf. 7 bedrooms/10 bathrooms. 2 acres. 5+ car garage

The scoop: Nestled in the upper canyon of Silverleaf, this one of a kind custom home was designed and built for the lifestyle you deserve! From the moment you pull up to the privately gated motor court you will be totally impressed! The interior is spacious, comfortable, casual, yet elegant. The floor plan was designed for entertaining. The main house features a main level master suite plus 4 additional en-suite bedrooms, private office, exercise room, and home theatre. The automated pocket doors bring in the outdoor living space. Enjoy the lazy river, pool cabana, and swim up bar while watching amazing sunsets, city lights, and views directly down the runway of the Scottsdale Airpark. Built by John Schultz Development and custom crafted by Kristin Hazen Design. What memories will you make?

10995 E Wingspan Way | Silverleaf – $7,300,000

The 3 Most Expensive Homes Sold in Scottsdale, Phoenix, and Paradise Valley In 2018 are 3

11,000 sf. 5 bedrooms/9.5 bathrooms. 2.4+ acres. 7+ car garage.

The scoop: (RECENTLY REDUCED OVER $1M) – Nestled in the Upper Canyon of Silverleaf you will find this one of a kind compound. Master suite includes a private outdoor spa, separate his & her bathrooms/closets, and see-through fireplace. This primary residence (10,139 square feet) and separate guest house with full kitchen (724 square feet) were designed to entertain and are equipped with 14 fireplaces, 2 fire pits, 7 high ceiling garages (capable of holding 11 cars comfortably with lifts), 2 separate BBQ stations, 2 fire pits, 2 private courtyards and more!

Phoenix, AZ

4821 E Exeter Blvd | Arcadia – $4,100,000

The 3 Most Expensive Homes Sold in Scottsdale, Phoenix, and Paradise Valley In 2018 are 4

5,400 sf. 4 bedrooms/5 bathrooms. 28,346 sf lot. 3 car garages

The Scoop: Location Location Location: Surrounded by the most prestigious homes in all of Arcadia, this gated, Belgian Farmhouse designed by Candelaria and built by Nance Construction sits on one of the best lots in all of Arcadia. Large Private Exeter lot features lush, mature landscape designed by Berghoff. Handcrafted elements include hand applied plaster walls, reclaimed Cream Brick walls and fireplaces, Waterworks Plumbing Fixtures/Tile, 4 bed and bath with 2 powder baths, Private Office with fireplace and built in shelves/desk, Dining Room with special white oak built in china cabinet, Large Master Suite with fireplace and large custom closet with island, Butler’s Pantry with reclaimed brick/glass wine unit, ice maker and polished nickel sink, Kitchen is completely equipped with white oak kitchen island, Viking/Wolf/Sub Zero appliances, walk-in pantry, mudroom and laundry with 4 Electrolux machines, 3 car garage. Lot is gated yet has beautiful front patio/fireplace to entertain your neighbors and friends and a private rear yard that must be seen. Barbecue patio/eating space/fountain/veggie gardens off kitchen, large fire pit and limestone patio and a brand-new pool/spa with Ramada and fireplace. 
Lutron Lighting system/speakers/AV ready/wired for security cameras.

 5105 E Exeter Blvd | Arcadia – $3,875,000

The 3 Most Expensive Homes Sold in Scottsdale, Phoenix, and Paradise Valley In 2018 are 5

6385, sf. 5 bedrooms/4 bathrooms. 1.9 acres.

The Scoop: Historic Spanish Colonial Revival Estate located on one of the most exclusive tree-lined streets in the heart of Arcadia. Enter the private gates of this one-of-a-kind nearly 2-acre lush green property nestled at the base of Camelback Mountain. Once considered for the state Governor’s mansion, and later serving as Miss Kitty of Gunsmoke’s residence for 17 years, this iconic 1920’s home exudes character, charm, and elegance! The home is beautifully situated back from the street offering privacy and grandeur. Outside highlights include arched windows, iron balconies, Moreno tiled entryway that leads to a front door with delicately patterned stained glass. Remodeled numerous times, this light airy 6400 + sq ft open floor plan is a perfect haven for families and amazing for entertaining with multiple French doors leading to the back patio. This 5 Bedroom and 4 Bath home also has a large sunny pool room for convenient access to the pool and spa. The Showpiece Gourmet Kitchen has light-colored slab granite, commercial 6 burner gas range, double ovens, double dishwashers, three sinks, Subzero Refrigerator, and a large walk-in pantry. The Master Suite is located on the first floor with Luxurious Spa-like Master Bath and beautiful oversized shower. The first floor includes a casually elegant living room with 11 ft coved ceiling, majestic mountain views, and a fireplace modeled after the nearby Phoenician’s. The kitchen and oversized family room boast brick walls from the original 1920’s home. Also, on the main floor is a private two-stationed custom office, formal dining room with a domed ceiling, grand crystal chandelier, clear leaded glass transoms, domed ceiling foyer, and cozy library off the living room. In the former basement is a new walk-in 1500 bottle wine room, wine-tasting room, and a large work out room with herringbone patterned brick floors. Resort style grounds include numerous patios, oversized 42′ long pool, large 12-person Jacuzzi/spa, outdoor kitchen, and Hopi/Arcadia schools. Too many extras to list! Featured on the cover of Phoenix Home and Garden and selected for the prestigious Palette of Homes Tour. This piece of Arcadia magic can be your dream home!

5915 E Calle Del Sud | Arcadia – $3,750,000

The 3 Most Expensive Homes Sold in Scottsdale, Phoenix, and Paradise Valley In 2018 are 6

7,875 sf. 5 bedrooms/7 bathrooms. 24,728 sf lot. 4+ car garage.

The Scoop: This brand-new custom showpiece, created by the ultra-talented team at Brimley Development is loaded with timeless, modern design. Caroline DeCesare, the visionary behind DeCesare Design Group, produced a classic, yet current vibe that shines throughout every beautiful room, from the outstanding chef’s kitchen to the breathtaking master retreat. Not a detail was overlooked from the hidden elevator to the restaurant style wet bar, and the finishes are absolutely exquisite. The butler’s pantry off the kitchen, the morning bar in the master, and the magnificent wine wall in the dining room are just some of the stylish features that make this home so special, and quality millwork, artistic lighting and multiple custom fireplaces create an amazing atmosphere. The grounds are exceptional offering a gorgeous pool with water features, spacious spa, exposed brick fireplace, and bocce ball court, and fully retractable doors open to beautiful patios that look out onto the breathtaking landscape. Impeccable finishes, design perfection and magnificent ambience just begin to tell the story of the unique custom estate!

Paradise Valley, AZ

6108 E Redwing Rd | $6,175,000

The 3 Most Expensive Homes Sold in Scottsdale, Phoenix, and Paradise Valley In 2018 are 7

10,127 sf. 6 bedrooms/8 bathrooms. 1.7+ acres. 8+ car garages.

The Scoop: Nothing of its kind seen on the market, unparalleled quality and perfection all come together for an amazing estate home. Sitting on 1.73 acres with heavily landscaped grounds, which include a putting/chipping green, 2 outdoor fireplaces, a real fire pit and a fire table on top of the view deck which showcase the breathtaking views of camelback/praying monk and mummy. Interiors host a 480-bottle wine wall in dining room, butler’s pantry with coffee machine, grand kitchen with walk in custom pantry, a game/theater room with bifold doors to outdoor entertaining, 2 powder rooms, glass wall huge exercise room. A 2-bed guest house with full kitchen, private patio and own garage. A gated auto court leads you to the 8 garages, one is a rv oversized door air conditioned and includes indoor basketball with pickle ball. Lots of storage and built in garage cabinets. The master features a private patio with a 6-person jacuzzi hot tub. Captivating views seen all throughout the home of mummy and camelback. Nothing was overlooked in this home and it will be one never seen again. Outdoor pool/spa will hand down be the best seen with the ramada shading the swim up bar and pool lounge areas/spa. Built in sunshields, umbrella sleeves and misters will make summers a joy. Too much to list with this one of a kind estate home!!

5220 N Casa Blanca Dr | Camelback Lands – $6,100,000

Andrew Pielage Photography

9,490 sf. 6 bedrooms/7 bathrooms. 1.4 acres. 4+ car garage.

The Scoop: This 2017 privately gated 6 bedroom,7 bath,9,490sf Transitional 1.36-acre estate, with 2 guest suites, is located on one of the most prestigious streets in Paradise Valley. The heart of the home is an impressive dual island chef’s kitchen with Wolf and Sub-Zero appliances. It flows into the family room creating 70 ft of uninterrupted open living space. The family room’s full entertainment bar also services the adjoining 12 seat home theatre. Multiple motorized pocket doors open to a huge, green backyard pastureland with sport court, putting green, resort-size pool steps away from a ramada with fireplace, a BBQ area and covered entertainment patios. The home s ceilings possess beautiful attention to detail: the living room’s 17 ft dark wood beamed, the dining room’s coffered ceiling.

6121 E Orchid Ln | $6,000,000

The 3 Most Expensive Homes Sold in Scottsdale, Phoenix, and Paradise Valley In 2018 are 9

9,830 sf. 5 bedrooms/7 bathrooms. 1.3 acres. 4+ car garage.

The Scoop:  THE TIME IS NOW! | CASUAL FRENCH EXCELLENCE | MRA Custom Homes presents: This breathtaking European-esque timeless masterpiece was built to last a lifetime with solid masonry construction coupled with only the finest and most exquisite finishes. Unobstructed Mummy Mountain Views from the backyard from nearly every South facing window and door. Lower operating costs thanks to the multi-layered roof system, a 9.2 K.W. solar photo-voltaic system, 2 solar water heaters, and the full use of a PRIVATE WELL for irrigation. Allows for grand entertaining but skillfully designed for year-round intimate enjoyment. Never occupied and IMPECCABLY maintained! PRICED FAR BELOW A 2017 APPRAISAL!

ARMLS data shows Scottsdale had 7 sales above $5 million and Paradise Valley had 11 sales above $5 million. The Phoenix market topped out just above $4 million. There were a few off the market sales ranging upwards of $10 million.

The Arizona luxury real estate market continues to see a surge in expensive home sales. We keep breaking records. Last year we broke a record above $15 million, this year at $17.5 million. Will 2019 continue to break records, is think we might say luxury agent Juan Pesqueira. We might finally hit the $20 million price…

P:S – these homes could change as we might see a new leader after the year seeing that we have 5 homes pending above $5 million…

Search luxury real estate in Scottsdale, Phoenix, and Paradise Valley for sale @

LAVISHPaDz.com

the G.O.A.T Michael Phelps list his G.O.A.T mansion in Paradise Valley for $4.125m


The G.O.A.T of swimming might turn into the G.O.A.T of real estate as he is trying to win his Paradise Valley pad for $1.6 million-dollar profit in less than three years. Maybe in LA this is chump change but not in Arizona!

Live like the G.O.A.T! Michael Phelps list Paradise Valley (retirement) pad for $4.1 3

For private purposes we will not disclose the property address. The timeless Santa Barbara style mansion on 0.81-acre premium lot is private and gated.

It features approximately 6,010 square, 5 bedrooms & 6.5 bathrooms.

Highlights include all the bells and whistles, 4 car garage, 350 wine bottle storage, and a resort backyard with pool fit for the king of the water just to name a few. If its good enough for Phelps, its good enough for you! This G.O.A.T mansion comes with an asking price of $4,125,000.

Live like the G.O.A.T…Priceless!

Listing agents are Julie Pelle & Christina Rathbun with Realty ONE Group

 

Ginormous Unfinished $19M Paradise Valley mansion allows you to select your own finishes…


A 26,000-square-foot mansion isn’t what you’d expect to find inside the exclusive Judson neighborhood in Paradise Valley, but it’s exactly what you’ll see now. With the largest home around 12,000 sf, this Mega 26,393 sf Mansion brings a whole new orrah to the prestigious location and just bumped it to the top.

For those who don’t know, Judson used to be a K-12 boarding school in Paradise Valley, Arizona. It closed in 2000 after more than 70 years of operation (Wikipedia). And, it’s now one of the hottest guard gated luxury home subdivisions in Arizona.

Ginormous Unfinished $19M Paradise Valley mansion allows you to select your own finishes2

 

The mansion (6659 E Indian Bend RD, Paradise Valley, AZ 85253) just hit the market a few days ago (02/19/2018). Its 8 bedrooms, 16 bathrooms and has been under construction for the past 10 consecutive year. It features a 20-car collector’s garage, 2 separate guest houses, floating dining room, indoor pool, swim up bar, multipurpose shooting range, bank vault, salon, wine tasting room & cellar, home theater, indoor/outdoor living areas & so much more!

 

Its sits on 1.62-acre interior lot inside the safety & privacy of guard-gated Judson community. The mansion is not yet completed, with a $18,974,888 price tag, will allow you to select your own finishes. 

Launch Real Estate is the listing broker

Ginormous Unfinished $19M Paradise Valley mansion allows you to select your own finishesGinormous Unfinished $19M Paradise Valley mansion allows you to select your own finishes4Ginormous Unfinished $19M Paradise Valley mansion allows you to select your own finishes3

Paradise Valley mansions for sale | | Judson Paradise Valley homes for sale

Your Guide to the Finest Arizona Homes and Penthouses | AZLHBlog

Going Once… Going Twice… Three Arizona Cites, 3 Luxury Home Auctions coming up…


That right! Get your bidders paddle ready, shoulder working, and checkbooks out baby… Three different cities in Arizona with three very different luxury homes to choose from. These estates range from $1.25m – $7m. Let’s look below at your options…

Auction #1 3535 E Grandview St, Mesa, AZ 85213-3227

PRICE TAG: $1,249,000

Going Once... Going Twice… Three Arizona Cites, 3 Luxury Home Auctions coming up…

AUCTION DATE 2.09.18: Once priced at $1.495M. SELLING AT OR ABOVE $999,000. These 6 bedrooms and 8 bathrooms with close to 10,000 sf is set in the heart of Mesa on 1.48 acres. The exquisite design details include an imported slate roof, blonde hardwood and maple flooring, and unique brickwork finished by an artisan bricklayer. Featuring a completely remodeled kitchen, multiple fireplaces, formal and informal living spaces, and an impressive master suite, this contemporary home has every modern convenience one can dream of. Downstairs, guests will feel right at home which features its own living room, kitchen, bedrooms, and a workout facility. Car enthusiasts will marvel at the spectacular garage/workshop. Complete with a hydraulic lift and parking for nine cars, boats, or R/V’s. Outdoors, an expansive deck, built-in grill station, all-tile pool, and a spa covered by a Ramada creates an oasis-like resort within the desert.

Auction #2: 4501 E Foothill Dr, Paradise Valley, AZ 85253-2913

PRICE TAG: $6,025,000

Going Once... Going Twice… Three Arizona Cites, 3 Luxury Home Auctions coming up… 4

LUXURY AUCTION – SELLING WITH NO RESERVE – AUCTION DATE FEB 15TH: Making its Market debut – Majestic Heights rests on one of Paradise Valley’s highest lots offering stunning cityscape views. Created with a Mediterranean flare and providing resort-style amenities, it offers a sense of seclusion with unparalleled privacy and spectacular landscaping. An entertainment wing was added to the property complete with a versatile gathering space, two-bedroom guest suite, and an expansive multi-use space which can accommodate a 16-car garage, indoor children’s play area, full gymnasium, indoor sports court and more. A RARE opportunity for you to own at YOUR price!

  • This property will be sold at Luxury Auction, Selling with No Reserve-Feb. 15, 2017 at 2PM. 12% Buyer Premium. Only the property is selling at auction. Additional Buyer Incentive Program available; please contact Listing Agent (Susan Fishman 480-287-5200) for complete details. Viewings start Jan. 20th. Contact Listing Agent to schedule appointment. To obtain complete auction details, terms & conditions, contact 866-929-2243.
  • For more information about this home visit https://supremeauctions.com/auction/paradise-valley-az-2/

Auction #3 10199 E Cavedale Dr, Scottsdale, AZ 85262-8329

PRICE TAG: $6,995,000

Going Once... Going Twice… Three Arizona Cites, 3 Luxury Home Auctions coming up… 10

Come home to the finest in indoor-outdoor desert living at The Estancia Club. Custom details will delight you inside and outside this enchanting estate. Designed with the car lover in mind, glass walls between the underground garage and the wet bar create a museum-like setting for your extensive collection. Welcome friends and family for pizza making, game nights, wine tastings or captivating conversation. The soaring great room blends seamlessly with the resort-style outdoor entertaining area for perfect al fresco meals, pool parties, or stargazing the vast southwestern sky.

After you bid and win your dream car at the Barret Jackson Car show head down to any one of these three auctions and bid for your next dream home. Your new car needs a place to park and have you seen the garages these estates come with? 

What home would you bid on? Tell us in comments section…

Arizona’s most expensive homes sold in 2017, numero Uno BROKE a RECORD!!!


They say home is where the heart is. But if this list is anything to go by, the most expensive homes sold in 2017 have been more jaw dropping than anything else. After 2016 saw huge price jumps for Arizona’s biggest deals, this year was record breaking! There was a noticeable flurry of activity in Silverleaf where 5 of the 17 most expensive homes sold. The two most expensive homes were sold in Paradise Valley. Here is a list of the 5 most lavish and luxurious heart stopping eye-watering desert mansions over the last 12 months, the #1 is a record in Arizona. (ARMLS sales only, no off market sales included).

Arizona_s most expensive homes sold in 2017

RECORD BREAKING! Year in and year out Paradise Valley holds some of the most expensive sales, this year it broke the record for most expensive home ever sold in Arizona. While just under the $17,000,000 price tag. this 14,000 sq ft property – which includes 5 acres overlooking the city – on the side of Mummy Mountain.  According to AZ Central A tech company CEO snapped up this mega mansion for $15.65 million making it the most expensive home EVER sold in Arizona…

PARADISE VALLEY, AZ | $15,650,000

Arizona_s most expensive homes sold in 2017 1

The unknown buyer who took title under Happily Ever After Dropped a cool $12.75 million for this seven-bedroom with 12-bathroom exquisite property in TILYOU RANCHITO Paradise Valley this year. I guess he will live happily ever after in this mega mansion with over 14,000 sf sprawled over 2.5 acres.

PARADISE VALLEY, AZ | $12,750,000

Arizona_s most expensive homes sold in 2017 2

The 3rd most expensive home sold in Arizona is a STUNNING CONTEMPORARY SHOWPIECE nestled in its own private reserve in Desert Mountain’s prestigious ”Canyon” neighborhood selling for an eye-watering sum of $9. 2m. The buyer paid $1,218.87 per square foot, and comes with Disappearing glass walls.

SCOTTSDALE, AZ | $9,200,000

Arizona_s most expensive homes sold in 2017 3

Although this six-bedroom, 11,397 sq ft Silverleaf mansion did not smash last year’s $11.1m, it still turned heads selling at $7,000,000. It’s located in the “Summit” of Silverleaf offering unequal natural beauty with dynamic views of the valley, detailed craftsmanship, and artistry are abundant. This is the most expensive home sold in Silverleaf 2017.

SCOTTSDALE, AZ | $7,000,000

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Another one in Silverleaf makes the list. This one was built by one of Arizona’s most prominent and well-known luxury home builders Calvis Wyant. The spectacular estate nestled in the exclusive Upper Canyon of Silverleaf might just check all the boxes!

✔ Breathtaking views of the city  ✔ private detached Casita  ✔ gourmet custom kitchen with catering entrance ✔ lush landscaping ✔ game room  ✔ pool, spa, and outdoor kitchen  ✔ multiple fireplaces and water features ✔ theatre ✔ wine cellar with custom corked flooring ✔ wood paneled office ✔ elevator ✔ Front courtyard offers water feature, fireplace, and mountain & sunrise views ✔ 

This Spanish mansion sold for $6.9m

SCOTTSDALE, AZ | $6,900,000

Rounding out the top 10 most expensive homes sold for 2017 range from $5.85m – $6.5m.

Contact – AZLHBlog | a Guide to the Hottest Luxury Arizona Homes & Penthouses! for all your luxury home needs…Buy or Sell…

Best time to list Your million-dollar home in Scottsdale, Phoenix, Paradise Valley, is…


 

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SOLD LUXURY ESTATE IN CENTRAL PHOENIX

If you want to sell your Luxury home faster and for the most money, you must know exactly when to list it and when you will get the most exposure (aka more buyers shopping for homes)

Study shows the best time of the year to put your Scottsdale, Paradise Valley, or Phoenix Luxury home on the market is Mid-January to mid-June. Don’t take it from me, take it from the statistics.

Below is a study of $1,000,000+ homes sold during the first half of the year vs the 2nd half and data shows, in some years, more than doubled in homes sold.

  • Jan – June 2014 = 626 homes sold | July – Dec 2014 = 410 homes sold
  • Jan – June 2015 = 787 homes sold | July – Dec 2015 = 408 homes sold
  • Jan – June 2016 = 773 homes sold | July – Dec 2016 = 606 homes sold
  • Jan – June 2017 = 796 homes sold | July – Dec 2017 = 720 homes sold

The obvious reason is during these months we have events such as the Waste Management Phoenix, Barret-Jackson car show, Fiesta bowl, Arabian horse show, Cactus league baseball (aka spring training), Nascar, Scottsdale culinary festival, and others that bring in a whole batch of tourists who are potential buyers. Add the move up buyers, downsizing buyers, and all the buyers who are looking for a luxury homes during these times, your buyer pool doubles/triples. The weather is amazing during these times with averages ranging in the low 60’s to mid-80’s if you’re lucky and occasionally might hit the 90-degree mark.

If you list your luxury home in Scottsdale, Paradise Valley, Phoenix, or in any area in the Valley of the Sun these months will bring you the most buyers searching for a luxury home, bring you the most exposure for your home, and ultimately get you the highest offer/price for your home. It’s the obvious case of supply and demand.

To get a jump on the market, its best to have your home ready to list by January 1st. If you are looking to be ahead of the competition then list by mid-October that way you are catching the holiday visitors and you will be front and center when the luxury home buying season begins.

The best time to list Your million-dollar home in Scottsdale, Paradise Valley, Phoenix is… 1

Contact us to get your luxury property up for sale….

This resort-style Mesa mansion is the perfect $3.695 million summer pad!


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The home features an outdoor entertainment zone with 3 pools including a lazy river, grill, fire pit, spa, and more.

Set on 1.75 acres, the exclusive gated Legacy mansion at 1455 N LEGACY in Mesa-Arizona elegance & grandeur. The 10,200-square-foot home is equipped with seven bedrooms and seven.5 bathrooms, six car garages with 1000 SQ FT private apartment or nanny’s quarters above the 6- car garage, formal living and dining room, executive office/library, gourmet kitchen, billiards/game room/man cave, theater room, gym, and so much more.

This resort-style Mesa mansion is the perfect summer pad! 7

Outside, the resort-style grounds include 3 SEPARATE POOLS, INCLUDING YOUR VERY OWN LAZY RIVER! A spa, covered patios with custom wood ceiling details, an outdoor fireplace & outdoor BBQ area. The gated private grounds are all about entertaining and relaxation.

As the summer heat beams, down at record setting 120 degrees, sweat dripping down your face, this show-stopping resort backyard remind you are living in paradise. The home is currently on the market for $3.695 million.

 

The home is listed with Russ Lyon Sotheby’s International Realty Renee’ Merritt & Christine M Anthony

The 5 most expensive home sales from April 2017


These top five highest-priced homes sold in April 2017 in Scottsdale to Paradise Valley, Arizona have three, unsurprising thing in common: Some incredible views, grande entrances, and amazing architecture…

#5. Contemporary in Estancia Scottsdale SOLD $4,350,000

 4 Beds, 5.5 Baths, 7,300 sf.

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#4. English Country residence created by Architect, Mark Candelaria in LOMBARDI ESTATES Scottsdale SOLD $4,600,000

 6 Beds, 9 Baths, 9,779 sf.

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#3. MOCKINGBIRD SQUARE in Paradise Valley SOLD $4,700,000

5 Beds, 6.5 Baths, 8,310 sf.

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#2. Exceptional modern residence, contemporary retreat on the top of the mountain in Paradise Valley CLEARWATER HILLS SOLD $6,000,000

5 Beds, 9 Baths, 8,893 sf.

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#1. spectacular Calvis Wyant estate nestled in the exclusive Upper Canyon of Silverleaf SOLD $6,900,000

 6 Beds, 8 Baths, 11,536 sf.

The 5 most expensive home sales from April 2017

Tour the rest of the photos below…

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1929 Hilvert Mansion: if these walls could talk!


Another piece of Arizona History up for grabs but this one comes with history, rumors, and stories…

Hilvert Mansion if these walls could talk! 1

Located in Phoenix COUNTRY CLUB PLACE, one of the valleys most prime and central location. This historic mansion, aka Hilvert Mansion was built in 1929 – at that time it was the largest mansion in Arizona until the Wrigley Mansion was built. According to the story that comes with the house, not so long ago it was a brothel. The home has been used for movies, magazine articles, and is now in the National Historic Registry (tax savings). The home also has a private chapel, back in the days only the most elite families had one. Its rumored to have been blessed by the Pope. For many years the estate hosted grand events, fundraisers, prominent Phoenicians, business owners, a Hawaii senator, and huge mansion parties for the cities elite. And can accommodate up to 300 people.

You can read the full story, house specs, history, rumors, and facts below.

The estate features 9536 sf main home, 767 sf casita, 3063 sf art studio, over an acre of land with the first hole at PHX CC as your backdrop in Phoenix most prestigious location. Some other historic features include an elevator, ballroom, library, crystal chandelier, speakeasy, and so much more.  The asking price is $3,500,000, but can you put a price on history?

Hilvert Mansion is listed with Janna Anderson of HomeSmart