An almost new (2007- built) Hacienda at Eleven Arches (gated exclusive 12 home community that saw some neighboring homes have recent foreclosures) off of scenic Hacienda del Sol Rd in the Catalina Foothills area of Tucson, went under contract. The list price is 2 million for this 8,000 square foot home that is owned by the owners of a large real estate brokerage in Tucson–Tierra Antiqua Realty (also is the listing brokerage).
The high-end real estate market in the Tucson Foothills is doing much better in 2010 than last year. The bargain-hunters are perceiving the bottom is here!