4313 N Placita De Susana, a 17 year old Mediterranean with almost 5K square feet, sold today for 970K by Long Realty. It sold for $1,250,000 in 2004. This one boasts both city and mountain views and is sited on a spacious 1.25 acre homesite.
Gated Bellas Catalinas has a superb location for those who commute to downtown–it is in the lower Catalina Foothills. The HOA fee is only $52 per month which covers the gate and the common area maintenance. There is no community pool, etc, but most residents have their own pools.