Luxury Catalina Foothills Home Sells for 935K

cat 4Long Realty just sold 1631 E Calle El Cid for 935K; it last sold 4 years ago for $1,050,000. This 5,400 square foot home is sited on .81 of an acre. It is located in Santa Catalina Estates 4.

Prices still have not rebounded to near the peak that was reached in 2007 for upscale Catalina Foothills homes. They are still selling for about 25% less than they would have at that time, but prices are inching up, so if you are on the fence, it is probably a good time to wait no longer or you will pay more for your dream home.