A new, almost 3,800 square foot rustic Contemporary at 4090 N Circulo Manzarillo sold for 900K by Tierra Antigua Realty, my broker.
This ridge-top home has sprawling views of the high Santa Catalinas and also boasts city lights. It is rare to find a new home in the zip code 85750. It is located in Ridge Estates which is a small community of only 28 which is ungated. Pepper – Viner also built a small number of new homes in this area. Surprisingly it took about a year to sell this home; many of the Pepper-Viner built homes took even longer to sell. The luxury Tucson housing market has been slow to take off with no appreciation over the last few years. This is likely to change since as the rest of the country has appreciated, the Catalina Foothills will too; plus as interest rates rise, buyers are motivated to buy before they go even higher. Many who purchase winter homes in Scottsdale are not familiar with the Catalina Foothills that has a milder climate, less congestion and greater beauty.