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You are currently browsing the Tucson Luxury Homes weblog archives for March, 2011.

March 2011
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Archive for March 2011

Luxury Home in Cimarron Sells

20100621204312897132000000-o.jpgClick on the link -5920 N Via Serena to see this over 5K square foot, 1992- built Mediterranean that is sited on over 2 acres. It sold today for 950K; it should be noted that it previously sold for 1.3 million in September of 2004. Think the bottom has not been reached–many others beg to differ!

Luxury LaPaloma Home Sold Today

20110106152846795389000000-o.jpgClick on the link - 3271 E Camino Juan Paisano to see the over 5,600 square foot contemporary that just sold for $1,640,000 in LaPaloma. It should be noted that this same house sold for $2,550,000 in 2007. The bargains are being snapped up for good reason!

Two Luxurious Pima Canyon Homes Sold

This is definitely a sign of the times that more Tucson luxury homes are selling since the prices have likely bottomed - click on link to see- Two Pima Canyon homes sold .

7510 N Mystic Canyon, an over 3,800 square foot contemporary on an acre, sold for $946,100; this same home sold for 1.3 million in November of 2004.

7828 N Ancient Indian Drive, a 7,500 square foot contemporary on over one acre, sold for $1,660,500. The same home was originally listed at $3,295,000 in January 2010. This home was a foreclosure.

19 Tucson Area Foreclosures Listed for Sale at $549,900 and Over

Click on the link - 19 Tucson Foreclosures - to see the few luxury homes that are foreclosures in Tucson. Unlike Phoenix area the number of upscale homes for sale that are foreclosures is limited. Give me a call at 520-615-2598 should you wish to view any of them! Note–very little Foreclosure Inventory in the Tucson Foothills area–most are in Marana or NE Tucson.

35 Tucson Luxury Homes Under Contract

Click on the link - 35 Tucson Luxury Homes Under Contract to see the beautiful homes that are getting ready to close escrow. Enjoy!

Pima Canyon Foreclosure Sells for 1.2 Million

20100728213810482758000000-o.jpg7827 N Ancient Indian Drive , a Pima Canyon foreclosure, sold for 1.2 million. This home was first listed at a little less than 3 million in October 2009, which was way over-priced for the market at that time (albeit it was a better real estate market than we have at the present time). This home was neglected and had a funky floorplan, but  it is clearly worth 1.2 million. The setting is extraordinary—take a look–by clicking on the address.

Tucson Luxury Home at Sin Vacas Sold

20110110162516477569000000-o.jpg7201 N Placita Sin Codicia, a gorgeous contemporary with over 3,700 square feet on almost an acre, sold today for 849K after being on the market a little over a week! This home had spectacular views of the sparkling city lights and is situated on smack against the Catalina Mountain foothills. (Click on the address to see photos and details).

Lately there has been an  increase of Tucson luxury homes going under contract, so I should be posting the final sales prices and listings of these homes as each one of them closes escrow. It seems less folks are on the fence now since many are thinking prices have bottomed. 

Tucson Luxury Homes Under Contract

Click on the link- Tucson Luxury Homes Under Contract (  There are 26 - All are List Priced 750K and over).

750K-1 million   10 Under Contract

1-1.5 million     10 Under Contract

1.525 - 2.1 mil.   6 Under Contract

Of these, 2 are foreclosures and are listed at $1,186,000 and $1,850,000.

There are some fantastic deals out there!

 Final prices are unknown until close of escrow.

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