Mirabel
March | April 2014
MIRABEL FEATURED COVER PROPERTY
BROKERS CORNER
AV AIL ABL E
2014 Property sales in Mirabel have started off strong with approximately $10,000,000 worth of real estate closing escrow in the first two months and another $2,500,000 already set to close in March. This is over half of the sales volume for all of 2013 when $22,000,000 closed escrow. The question now is…Can this brisk pace continue? Of the 11 houses currently listed for sale, almost half are priced over $2 million. This upper-end segment of the market accounted for only 20% of the sales last year so that percentage is going to need to increase in order for our early momentum to continue.
Lot 218 | 3 Bed | 3.5 Bath | 4,550 SQFT | $2,595,000
Outstanding South facing golf course lot overlooking the 12th green with breathtaking city lights and mountain views, are just some of the reasons why this home is one of the finest properties available in Mirabel. Masterful, thoughtful architectural design has left nothing to chance in this single level masterpiece. This great room floor plan offers large/expansive wood beams, stone columns & fireplaces, flagstone floors, and the finest detail and craftsmanship available. Nothing in this custom home has been overlooked or compromised to cut costs. You will enjoy the gourmet kitchen with premium appliances, granite countertops and the most elegant and peaceful outdoor living spaces to enjoy AZ’s most beautiful sunsets and sunrises. Being offered fully furnished and professionally decorated.
AV AIL ABL E
However, homesite inventory is quite strong at the moment with 39 active listings. And one third are priced over $500,000 which is exciting. Buyers looking to build are starting to realize that the total number of really premium homesites left in the premiere north Scottsdale golf communities is rapidly dwindling. With no new large scale developments even in the planning stages, the writing is on the wall that upward pressure on homesite pricing is likely to continue for the next several years. Prices are still well below the peak so if you, or anyone you know, are considering acquiring a home or custom homesite in Mirabel, now is a great time to be in the market.
Lot 312 | 5 Bed | 7 Bath | 6,068 SQFT | $1,995,000
Step Up To The Plate
AV AIL ABL E
As always, I am at your service to discuss any of your real estate needs or questions so don’t hesitate to contact me. Until next time ……..
Elaborate Table Settings
BOB LOMAX
OWNER/DESIGNATED BROKER MIRABEL PROPERTIES
480.595.2545 OFFICE 480.595.9503 FAX
602.920.7192 MOBILE
www.mirabel.com If your home is currently listed, this is not a solicitation for that listing.
Lot 110 | 4 Bed | 4.5 Bath | 6,117 SQFT | $2,795,000 HOMES CURRENTLY FOR SALE IN MIRABEL Lot # SQFT Status Sales Price Lot 38 4,046 Available $1,274,000 Lot 172 4,480 Available $1,395,000 Lot 192 3,248 Available $1,399,000 Lot 173 5,030 Available $1,595,000 Lot 26 4,353 Available $1,799,000 Lot 312 6,068 Available $1,995,000 Lot 306 6,135 Available $2,195,000 Lot 122 5,972 Available $2,450,000 Lot 89 5,135 Available $2,490,000 Lot 110 6,117 Available $2,795,000 Lot 164 5,301 Available $2,995,000
RECENT HOME SALES IN MIRABEL Lot # SQFT Status Sales Price Lot 190 3,931 Closed $1,185,000 Lot 217 5,648 Closed $1,800,000 Lot 49 7,426 Closed $3,700,000 Lot 188 3,340 Pending $1,138,500 Lot 152 6,286 Pending $1,524,900 Lot 333 4,728 Pending $1,595,000 RECENT HOMESITE SALES Acreage Status Lot # Lot 339 0.86 Closed Lot 252 1.00 Pending Lot 50 0.64 Pending
IN MIRABEL Sales Price $325,000 $300,000 $550,000
FOR A LIST OF BEAUTIFUL LOTS CURRENTLY FOR SALE CONTACT BOB AT 480.595.2545. All information is deemed reliable but not guaranteed. The properties on this list have been listed/sold by various members of the MLS. Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net
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