Catalina Foothills Luxury Home in Coronado Foothills Estates Sells for 980K


6525 N Longfellow Drive sold for 980K by Long Realty; it last sold for $1,250,000 in the fall of 2005 at the peak of the market. This shows a decrease of almost 22% which is very par for the course for those selling homes that they purchased at the peak of the market. In fact this Seller did well since many homes around the 1 million figure or higher see even more depreciation. This may be a sign of things to come where the true bargains are lessening. We have seen the bottom reached with some appreciation looming for the high-end homes that have suffered the most depreciation in the past 7 years.

This home has no HOA fee and is located in ungated Coronado Foothill Estates with up close and personal views of the high Catalinas. This very spacious home with almost 5K square feet is sited on .86 of an acre and has walls of windows with the great views one would expect when a home is nestled into the Santa Catalinas.