ANCA
JANUARY | FEBRUARY 2017
TSUTSUMI H. LAMBRECHT
See all Homes Listed and Sold in ANCALA at www.Ancala.org
Selling Scottsdale One View at a Time
COVER HOME
12146 North 120th Street 5 Bed | 3.5 Bath | 3,260 SF | $919,000 Custom home strategically built to optimize golf course views, Camelback, sunsets, city lights & mountains. Freshly painted single level with bright, open floor plan. Just the right size everyone is looking for at a terrific price for these amazing views. Perfect for year around living or your Ancala Getaway Home.
MILLION DOLLAR VIEWS
VILLA REMODELED TO PERFECTION
11709 E Dreyfus Avenue 8,266 SQ FT | 7 Bed | Office | 7 Bath | Game Room Theater | Wine Room | Separate Guest House Unsurpassed quality and timeless detail throughout this single level home. Few properties rival this perfect blend of indoor luxury amenities and private resort outdoor living. Perfect for entertaining on a grand scale and everyday enjoyment.
11692 East Cortez Drive | $587,500 2 Masters | Den | 2.5 Bath | 1,834 SQFT Stunning villa looking down the Ancala 9th & 18th fairway with lake & vast mountain views. Remodel would make any buyer appreciative of the designer & sophisticated selections. Ideal floor plan. Backyard with views has heated spool. A great lock & leave!
11750 East Cortez Drive | $588,400 2 Bed | 2.5 Bath | Office/Den | 1,834 SQFT For year-round enjoyment or that home away from home. Rich hardwood floors, granite counters, new outdoor spa, 24hour guard gated Ancala, proximity to fine dining, shopping Mayo Clinic & FWs.
A HOME THAT HAS IT ALL
Tsutsumi H. Lambrecht, ABR, CRS, CLHMS, CNE, CSSN
Office 480-661-5554 Mobile 480-695-8807 tsutsumilambrecht@earthlink.net Live Where You Play and Play Where You Live! If your home is currently listed, this is not a solicitation for that listing.
11895 North 114th Way | $1,599,000 4 Bed | 4.5 Bath | 5,330 SQFT | Theater Separate Guest House Stunning 2016 remodeled contemporary. Enter award winning design courtyard to ultimate privacy with putting green, spa & pool. Designer kitchen is amazing, remodeled master bath with “floating” cabinets. Impressive theater in basement has porthole to swimming pool. This is a family and entertainers dream home in Ancala with true sense of community.
Color Hues & Cues THE 2017 PALETTE
PHENOMENAL UNOBSTRUCTED VIEWS
12878 North 119th Street $295,000 Price Reduction – Now $1,795,000 5 Bed | 5.5 Bath | Office | Theater Game Room | Family Room | 6,992 SQFT View of Camelback, sunset & city lights are breathtaking immediately upon entering this extraordinary home. Great room with disappearing doors open onto full length outdoor patio, heated pool, spa, putting green & 2 BBQs.
FAMILY FRIENDLY HOME
11691 East Charter Oak Drive | $989,000 4 Bed | DEN | 4 Bath | 4,282 SQFT This inviting Ancala home boasts quality, architectural details and views. All the right spaces and yard to make every family member happy. Upstairs office/den has large deck to enjoy sunsets & city lights.
CONTEMPORARY ANCALA ARCHITECTURAL MASTERPIECE
12577 North 120th Place | $1,625,000 4 Bed | Den | 4.5 Bath | 4,700 SQFT Perched high against mountain preserve for extreme privacy & eagle nest views of Camelback, sunsets & city Lights. Separate guest house to spoil family & friends. Dramatic water features cascading into zero edge pool to WOW everyone that enters.
Produced by DLP Marketing • (480)460-0996 • DLPmarketing.com
Cover Photography | Gill Couto Photography
FIRST TIME ON MARKET
MINI ESTATE WITH MAGNIFICENT 360 VIEWS
A n ca l a L I F E S T Y L E
Market Update
Phoenix Real Estate Outlook
The Capital Grille
Flourless Chocolate Espresso Cake
Cover Home
Exclusively Presented By Tsutsumi Lambrecht
Phoenix Market Update
EVENTFUL
JANUARY | FEBRUARY 2017
The Many Shades of
Scottsdale Artwalk
Scottsdale Speakeasy Nights at Desoto Central Market 915 N Central Ave | February 17 DesotoCentralMarket.com Hold on to your suspenders and prep yourself for a blast into the past. Join DeSoto Central Market every third Wednesday evening for Speakeasy Night. Starting at 7 p.m., the lights dim for some Speakeasy tunes and shhhhhh-cocktail specials. Enjoy live music by the Uptown Big Band at 7:30 p.m., with a dance lesson at 8:30 p.m. Dust off those dancing shoes and dive back into the 1930s at DeSoto Central Market!
W T
he Phoenix area continues to display positive news for home sellers. Experts are predicting this area to be the top housing market in the country in 2017. Realtor.com forecasts 5.9 percent price gains and 7.2 percent sales growth. Zillow Phoenix lists the current average home value at $220,600, showing an annual increase of 8.8 percent that’s expected to continue in the new year. The U.S. real estate market in 2016 was characterized by record-low levels of supply, strong demand and record-high prices. As we enter 2017, many analysts and economists expect to see moderate growth in the residential real estate over the next 12 months, reflecting projected interest rate hikes as well as a forecasted 2.1 percent economic growth. “After an eventful election, demand for real estate appears to be carrying momentum going into the holiday season,” said Javier Vivas, manager of economic research for Realtor.com. “We expect that to be put to the test, as mortgage rates sky rocket to new highs. But the economic foundations remain strong and most forecasts expect growth as we enter the New Year.” Nela Richardson, chief economist for Redfin, agreed that bullish real estate sales prices are decelerating. “After several years of steady and steep price growth, we are seeing indications that price growth is slowing and the market is normalizing,” said Richardson.
Sculpture & Wine Festival in Fountain Hills
Nationally, home prices have gone up 5.1 percent over the past year but the forecasted gain for 2017 is expected to be closer to 3.9 percent.
16810 E Ave of the Fountains |January 13-15 480.837.5637 | ThunderbirdArtists.com Thunderbird Artists, award-winning producer of juried fine art and wine festivals in Arizona, is gearing up for a celebration of sculptors from across the globe. The Sculpture and Wine Festival in Fountain Hills takes place near the fourth largest fountain in the world. Patrons will be awestruck by the beauty of strolling through the stunning array of sculptures comprised of bronze, stone, copper, clay, metal, glass, gourd, found objects and more. Savor the ambiance of sipping fine wines while listening to musicians and admiring the broad collection of art.
Many cities in California have experienced tremendous price growth over the last few years. While housing markets across the Golden State are slowing down as demand softens, several California cities rank in the top five in the country for sales and price growth predicted for 2017. Housing market forecasts for the new year also indicate that Seattle, Portland and other real estate markets in the Pacific Northwest will continue to outpace the nation in 2017, in terms of home-price appreciation.
Waste Management Phoenix Open Scottsdale Tournament Players Club January 30 - February 5 602.870.0163 | WMPhoenixOpen.com Annually sporting the largest crowds on the PGA Tour, the Waste Management Phoenix Open has gained legendary status on Tour for being unlike any other golf tournament. It starts with the unbelievable golf played by the likes of Rickie Fowler, Brandt Snedeker, Bubba Watson, Phil Mickelson, and Keegan Bradley on the beautiful TPC Scottsdale and ends with the biggest galleries on Tour. If you are visiting for the first time, hole 16 is a must-see. Visit their website for a list of events and concerts throughout the week.
While home prices have risen steadily, homebuilders have not kept pace with demand. With wages rising and unemployment low, 2017 will be the year builders finally start building in earnest again. Experts are estimating new home sales to increase 10 percent in the coming year.
8.8%
The Mortgage Bankers Association (MBA) expects the average rate for a 30-year home loan to reach 3.7% by the end of 2016, and to continue rising gradually throughout 2017. The general consensus was that mortgage rates would rise gradually throughout 2016, but that did not happen. In fact, the average rate for a 30-year home loan declined since the beginning of the year.
hat colors will soon be appearing on elegant home walls, in posh clothing boutiques, and in designer showrooms this year? From paint companies to fashion bloggers to Pantone – the color authority in the design community – the colors of 2017 have been predicted and what we’re finding is a delightful mixed bag of bright hues and earthy colors sure to please one and all.
A look at Pantone’s selection for the fashion colors of the year incudes the following top 10 fresh hues: Primrose Yellow, Pale Dogwood, Hazelnut, Island Paradise, Greenery, Flame, Pink Yarrow, Niagara, Kale, and Lapis Blue. While the greens, blues, and brown are mellow and natural, the vivid pink, orange, and yellow give plenty of pops of color to awaken your wardrobe … or even your home from winter. Think throw pillows in bright Flame in the living room or perhaps an accent wall in warm Primrose Yellow to liven up a foyer or dining room. Pale Dogwood is perfect for a young girl’s bedroom, while calming Niagara is ideal for the master suite. Cheerful Pink Yarrow drapery or Kale velvet seating will set the scene in any hip home in 2017.
Poised Taupe is the 2017 color of choice for Sherwin-Williams, which describes the hue as if “gray and brown had a baby.” This warmer play on the more cool grays of recent years will work well as a backdrop to brighter hues. Glidden chose Byzantine Blue to be their color of the year, sticking with a cool blue that can appear more gray or bluish-purple depending on its surroundings and pairings. And Olympic Paints opted for their soft violet hue Cloudberry as its color of the year, suggesting it offers a peaceful retreat at home from our stressful work environments. Whatever choices or changes you make in your home this new year, remember that embracing color, whether it be in textiles or paint color for your walls, can be an easy and inexpensive way to freshen up your space. PRIMROSE
SHADOW
POISED TAUPE
Flourless Chocolate Espresso Cake INGREDIENTS 1 lb 1 lb 1 c 1 c 8
Semisweet chocolate (coarsely chopped) Unsalted butter (diced) Freshly brewed espresso Golden brown sugar Eggs (beaten to blend)
DIRECTIONS Preheat oven to 350 degrees. Line bottom of a 9-inch diameter cake pan with 2-inch high sides with parchment paper. Place all chocolate in large bowl. Bring butter, espresso and sugar to a boil in medium saucepan, stirring to dissolve sugar. Add chocolate; whisk until smooth and cool slightly. Whip eggs till blended. Stir eggs into chocolate mixture until blended. (Do not whip.) Pour batter into prepared pan. Place cake pan in roasting pan. Pour enough hot water into roasting pan to come halfway up sides of cake pan. Bake until center of cake is set and tester inserted into center comes out with a few moist crumbs attached, about 45 minutes. Remove pans from water and chill cake overnight.
REAL ESTATE
corner
Grandfather Clock Brown, and Ebony King, among others.
And what colors do the paint companies see for interior design in the year ahead? Benjamin Moore declared Shadow to be its color of the year. This moody deep purple amethyst color seems rich, mysterious, and regal. Benjamin Moore’s 2017 entire color palette seems muted and chalky, dark and rich, all reminiscent of Old Masters paintings: Chalk White, Stormy Monday, Sea Life,
IN GOOD TASTE
Various Galleries | January 17 ScottsdaleGalleries.com Scottsdale ArtWalk is like a large, laid back open house for the Scottsdale Arts District, located along Main Street and Marshall Way in Scottsdale Downtown. “America’s Original ArtWalk,” this weekly gathering takes place every Thursday evening (except Thanksgiving) when all galleries belonging to the Scottsdale Gallery Association open their doors to the public and show off the work of the Southwest’s outstanding artists. Enjoy strolling through the galleries and around an area punctuated by dramatic statues, fountains, restaurants and more. Horse-drawn carriage and trolley rides are often available from nearby free parking areas.
TheCapitalGrille.com | 480.348.1700
Cut around pan sides to loosen cake. Using oven mitts, hold pan bottom over low heat for 15 seconds to release cake. Place platter over pan, hold tightly and invert. Lift off cake pan, peel off parchment and dust top of cake with cocoa powder. Optional garnish: fresh raspberries and raspberry sauce.
Phoenix Market Update
EVENTFUL
JANUARY | FEBRUARY 2017
The Many Shades of
Scottsdale Artwalk
Scottsdale Speakeasy Nights at Desoto Central Market 915 N Central Ave | February 17 DesotoCentralMarket.com Hold on to your suspenders and prep yourself for a blast into the past. Join DeSoto Central Market every third Wednesday evening for Speakeasy Night. Starting at 7 p.m., the lights dim for some Speakeasy tunes and shhhhhh-cocktail specials. Enjoy live music by the Uptown Big Band at 7:30 p.m., with a dance lesson at 8:30 p.m. Dust off those dancing shoes and dive back into the 1930s at DeSoto Central Market!
W T
he Phoenix area continues to display positive news for home sellers. Experts are predicting this area to be the top housing market in the country in 2017. Realtor.com forecasts 5.9 percent price gains and 7.2 percent sales growth. Zillow Phoenix lists the current average home value at $220,600, showing an annual increase of 8.8 percent that’s expected to continue in the new year. The U.S. real estate market in 2016 was characterized by record-low levels of supply, strong demand and record-high prices. As we enter 2017, many analysts and economists expect to see moderate growth in the residential real estate over the next 12 months, reflecting projected interest rate hikes as well as a forecasted 2.1 percent economic growth. “After an eventful election, demand for real estate appears to be carrying momentum going into the holiday season,” said Javier Vivas, manager of economic research for Realtor.com. “We expect that to be put to the test, as mortgage rates sky rocket to new highs. But the economic foundations remain strong and most forecasts expect growth as we enter the New Year.” Nela Richardson, chief economist for Redfin, agreed that bullish real estate sales prices are decelerating. “After several years of steady and steep price growth, we are seeing indications that price growth is slowing and the market is normalizing,” said Richardson.
Sculpture & Wine Festival in Fountain Hills
Nationally, home prices have gone up 5.1 percent over the past year but the forecasted gain for 2017 is expected to be closer to 3.9 percent.
16810 E Ave of the Fountains |January 13-15 480.837.5637 | ThunderbirdArtists.com Thunderbird Artists, award-winning producer of juried fine art and wine festivals in Arizona, is gearing up for a celebration of sculptors from across the globe. The Sculpture and Wine Festival in Fountain Hills takes place near the fourth largest fountain in the world. Patrons will be awestruck by the beauty of strolling through the stunning array of sculptures comprised of bronze, stone, copper, clay, metal, glass, gourd, found objects and more. Savor the ambiance of sipping fine wines while listening to musicians and admiring the broad collection of art.
Many cities in California have experienced tremendous price growth over the last few years. While housing markets across the Golden State are slowing down as demand softens, several California cities rank in the top five in the country for sales and price growth predicted for 2017. Housing market forecasts for the new year also indicate that Seattle, Portland and other real estate markets in the Pacific Northwest will continue to outpace the nation in 2017, in terms of home-price appreciation.
Waste Management Phoenix Open Scottsdale Tournament Players Club January 30 - February 5 602.870.0163 | WMPhoenixOpen.com Annually sporting the largest crowds on the PGA Tour, the Waste Management Phoenix Open has gained legendary status on Tour for being unlike any other golf tournament. It starts with the unbelievable golf played by the likes of Rickie Fowler, Brandt Snedeker, Bubba Watson, Phil Mickelson, and Keegan Bradley on the beautiful TPC Scottsdale and ends with the biggest galleries on Tour. If you are visiting for the first time, hole 16 is a must-see. Visit their website for a list of events and concerts throughout the week.
While home prices have risen steadily, homebuilders have not kept pace with demand. With wages rising and unemployment low, 2017 will be the year builders finally start building in earnest again. Experts are estimating new home sales to increase 10 percent in the coming year.
8.8%
The Mortgage Bankers Association (MBA) expects the average rate for a 30-year home loan to reach 3.7% by the end of 2016, and to continue rising gradually throughout 2017. The general consensus was that mortgage rates would rise gradually throughout 2016, but that did not happen. In fact, the average rate for a 30-year home loan declined since the beginning of the year.
hat colors will soon be appearing on elegant home walls, in posh clothing boutiques, and in designer showrooms this year? From paint companies to fashion bloggers to Pantone – the color authority in the design community – the colors of 2017 have been predicted and what we’re finding is a delightful mixed bag of bright hues and earthy colors sure to please one and all.
A look at Pantone’s selection for the fashion colors of the year incudes the following top 10 fresh hues: Primrose Yellow, Pale Dogwood, Hazelnut, Island Paradise, Greenery, Flame, Pink Yarrow, Niagara, Kale, and Lapis Blue. While the greens, blues, and brown are mellow and natural, the vivid pink, orange, and yellow give plenty of pops of color to awaken your wardrobe … or even your home from winter. Think throw pillows in bright Flame in the living room or perhaps an accent wall in warm Primrose Yellow to liven up a foyer or dining room. Pale Dogwood is perfect for a young girl’s bedroom, while calming Niagara is ideal for the master suite. Cheerful Pink Yarrow drapery or Kale velvet seating will set the scene in any hip home in 2017.
Poised Taupe is the 2017 color of choice for Sherwin-Williams, which describes the hue as if “gray and brown had a baby.” This warmer play on the more cool grays of recent years will work well as a backdrop to brighter hues. Glidden chose Byzantine Blue to be their color of the year, sticking with a cool blue that can appear more gray or bluish-purple depending on its surroundings and pairings. And Olympic Paints opted for their soft violet hue Cloudberry as its color of the year, suggesting it offers a peaceful retreat at home from our stressful work environments. Whatever choices or changes you make in your home this new year, remember that embracing color, whether it be in textiles or paint color for your walls, can be an easy and inexpensive way to freshen up your space. PRIMROSE
SHADOW
POISED TAUPE
Flourless Chocolate Espresso Cake INGREDIENTS 1 lb 1 lb 1 c 1 c 8
Semisweet chocolate (coarsely chopped) Unsalted butter (diced) Freshly brewed espresso Golden brown sugar Eggs (beaten to blend)
DIRECTIONS Preheat oven to 350 degrees. Line bottom of a 9-inch diameter cake pan with 2-inch high sides with parchment paper. Place all chocolate in large bowl. Bring butter, espresso and sugar to a boil in medium saucepan, stirring to dissolve sugar. Add chocolate; whisk until smooth and cool slightly. Whip eggs till blended. Stir eggs into chocolate mixture until blended. (Do not whip.) Pour batter into prepared pan. Place cake pan in roasting pan. Pour enough hot water into roasting pan to come halfway up sides of cake pan. Bake until center of cake is set and tester inserted into center comes out with a few moist crumbs attached, about 45 minutes. Remove pans from water and chill cake overnight.
REAL ESTATE
corner
Grandfather Clock Brown, and Ebony King, among others.
And what colors do the paint companies see for interior design in the year ahead? Benjamin Moore declared Shadow to be its color of the year. This moody deep purple amethyst color seems rich, mysterious, and regal. Benjamin Moore’s 2017 entire color palette seems muted and chalky, dark and rich, all reminiscent of Old Masters paintings: Chalk White, Stormy Monday, Sea Life,
IN GOOD TASTE
Various Galleries | January 17 ScottsdaleGalleries.com Scottsdale ArtWalk is like a large, laid back open house for the Scottsdale Arts District, located along Main Street and Marshall Way in Scottsdale Downtown. “America’s Original ArtWalk,” this weekly gathering takes place every Thursday evening (except Thanksgiving) when all galleries belonging to the Scottsdale Gallery Association open their doors to the public and show off the work of the Southwest’s outstanding artists. Enjoy strolling through the galleries and around an area punctuated by dramatic statues, fountains, restaurants and more. Horse-drawn carriage and trolley rides are often available from nearby free parking areas.
TheCapitalGrille.com | 480.348.1700
Cut around pan sides to loosen cake. Using oven mitts, hold pan bottom over low heat for 15 seconds to release cake. Place platter over pan, hold tightly and invert. Lift off cake pan, peel off parchment and dust top of cake with cocoa powder. Optional garnish: fresh raspberries and raspberry sauce.
ANCA
JANUARY | FEBRUARY 2017
TSUTSUMI H. LAMBRECHT
See all Homes Listed and Sold in ANCALA at www.Ancala.org
Selling Scottsdale One View at a Time
COVER HOME
12146 North 120th Street 5 Bed | 3.5 Bath | 3,260 SF | $919,000 Custom home strategically built to optimize golf course views, Camelback, sunsets, city lights & mountains. Freshly painted single level with bright, open floor plan. Just the right size everyone is looking for at a terrific price for these amazing views. Perfect for year around living or your Ancala Getaway Home.
MILLION DOLLAR VIEWS
VILLA REMODELED TO PERFECTION
11709 E Dreyfus Avenue 8,266 SQ FT | 7 Bed | Office | 7 Bath | Game Room Theater | Wine Room | Separate Guest House Unsurpassed quality and timeless detail throughout this single level home. Few properties rival this perfect blend of indoor luxury amenities and private resort outdoor living. Perfect for entertaining on a grand scale and everyday enjoyment.
11692 East Cortez Drive | $587,500 2 Masters | Den | 2.5 Bath | 1,834 SQFT Stunning villa looking down the Ancala 9th & 18th fairway with lake & vast mountain views. Remodel would make any buyer appreciative of the designer & sophisticated selections. Ideal floor plan. Backyard with views has heated spool. A great lock & leave!
11750 East Cortez Drive | $588,400 2 Bed | 2.5 Bath | Office/Den | 1,834 SQFT For year-round enjoyment or that home away from home. Rich hardwood floors, granite counters, new outdoor spa, 24hour guard gated Ancala, proximity to fine dining, shopping Mayo Clinic & FWs.
A HOME THAT HAS IT ALL
Tsutsumi H. Lambrecht, ABR, CRS, CLHMS, CNE, CSSN
Office 480-661-5554 Mobile 480-695-8807 tsutsumilambrecht@earthlink.net Live Where You Play and Play Where You Live! If your home is currently listed, this is not a solicitation for that listing.
11895 North 114th Way | $1,599,000 4 Bed | 4.5 Bath | 5,330 SQFT | Theater Separate Guest House Stunning 2016 remodeled contemporary. Enter award winning design courtyard to ultimate privacy with putting green, spa & pool. Designer kitchen is amazing, remodeled master bath with “floating” cabinets. Impressive theater in basement has porthole to swimming pool. This is a family and entertainers dream home in Ancala with true sense of community.
Color Hues & Cues THE 2017 PALETTE
PHENOMENAL UNOBSTRUCTED VIEWS
12878 North 119th Street $295,000 Price Reduction – Now $1,795,000 5 Bed | 5.5 Bath | Office | Theater Game Room | Family Room | 6,992 SQFT View of Camelback, sunset & city lights are breathtaking immediately upon entering this extraordinary home. Great room with disappearing doors open onto full length outdoor patio, heated pool, spa, putting green & 2 BBQs.
FAMILY FRIENDLY HOME
11691 East Charter Oak Drive | $989,000 4 Bed | DEN | 4 Bath | 4,282 SQFT This inviting Ancala home boasts quality, architectural details and views. All the right spaces and yard to make every family member happy. Upstairs office/den has large deck to enjoy sunsets & city lights.
CONTEMPORARY ANCALA ARCHITECTURAL MASTERPIECE
12577 North 120th Place | $1,625,000 4 Bed | Den | 4.5 Bath | 4,700 SQFT Perched high against mountain preserve for extreme privacy & eagle nest views of Camelback, sunsets & city Lights. Separate guest house to spoil family & friends. Dramatic water features cascading into zero edge pool to WOW everyone that enters.
Produced by DLP Marketing • (480)460-0996 • DLPmarketing.com
Cover Photography | Gill Couto Photography
FIRST TIME ON MARKET
MINI ESTATE WITH MAGNIFICENT 360 VIEWS
A n ca l a L I F E S T Y L E
Market Update
Phoenix Real Estate Outlook
The Capital Grille
Flourless Chocolate Espresso Cake
Cover Home
Exclusively Presented By Tsutsumi Lambrecht