A Tucson Foothills Luxury Home in Cimarron Sells for $1,250,000

Wow! Cimarron just doesn’t get sales this high! The location is beautiful and very closely situated to the high Catalina Mountains and Ventana Canyon. Because it is an older subdivision with varying sizes of many outdated homes, it does not get the prices of its neighbors at Alta Vista, Ventana Canyon and Finisterra get. This home is is located at 6363 E Paseo Otono and is over 4,300 square feet on almost an acre. The funny thing of it is that it was on the market for less than six months; in the present market conditions it usually takes longer to sell a home priced over a million. The list price was $1,395,000, so the final sales price was 90% off the list price, which is par for the course in this price range. This is a “spec” (term used for a new home built on a lot surrounded by already established homes) Mediterranean built in 2005 by Hillcrest Homes. Like all million plus homes, it has extraordinary Catalina Mountain views and is surrounded by the pristine Sonoran Desert. Cimarron Foothills is located at the epicenter of the Tucson-Catalina Foothills. The Seller got lucky on this one!

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