Many people dream of buying their ideal retirement home after their career has come to a conclusion – with all that extra free time it seems like it’d be the most logical time to shop around.
However, many real estate professionals strongly recommend that their clients find a retirement property before they’re off the payroll. While it may seem like a big time commitment to find a new home while you’re still busy with your work there are several significant financial benefits to purchasing your retirement home before you actually do retire. Here are our top reasons why.
It Makes Your Mortgage Easy
When you are employed it is easier to get approved for a mortgage. If you wait until after you retire to buy your retirement home, you may not have the income require to qualify for the mortgage that you need. Don’t limit yourself! Buy while you’re still employed to keep your options open.
It Leaves You With More Spending Money
Buying a new home while you have an income provides you with more security with your expenses, such as mortgage payments and planned upgrades or renovations. Having an income can also mitigate financial stress should you run into any unexpected expenses after closing.
It Leaves You Ready For Reality
You may think you can accurately predict the expenses of your new home, but if you buy the property before retiring it gives you time to get to know the true amounts of your monthly payments. This can help ensure that you have enough saved to retire and live comfortably in your new property, with no surprises for your budget. You’ll be in a better position to create a financial plan once you know the reality of owning your new home.
An Added Bonus: It Can Be An Income Property
If you decide to purchase your retirement home before you retire you don’t have to move into it right away. You can rent it out as an income property until you’re ready to settle in, which will not only help cover mortgage payments but will also allow you to see first-hand what the monthly expenses are for the property.
This will also prevent you from having to deal with a move while working; you can wait until you do finally retire before packing up your current home and moving into your new one.
Ready to find the perfect retirement property? Contact me today for more advice to set yourself up for the future – J.P. Cook – 602-320-4253.
Click Here to See What Your Home is Worth
1912 E Gemini Place
Chandler, AZ 85249
$1,199,000
6
Beds
3.5
Baths
4,607
SqFt
Status
Active
MLS #
6776538
Property Type
Single Family Residence
Price Type
--
**Welcome to Riggs Country Estate** Discover unmatched luxury and modern convenience in this exceptional Chandler, AZ home. With 6 spacious bedrooms, 3.5 bathrooms, and a downstairs guest suite with a private bath, this residence offers ample space and privacy for everyone.
**Primary Suite & Additional Spaces** The expansive primary suite upstairs offers a luxurious ensuite bathroom with dual sinks, a soaking tub, separate shower, and a generous walk-in closet. The upstairs also includes four additional bedrooms, a flexible bonus room, and a large loft space for versatile living. **Elegant Living & Entertainment Spaces** Host unforgettable gatherings in the formal dining room or relax in the inviting living room. The gourmet kitchen features modern appliances, double ovens, granite countertops, two walk-in pantries, and touch-less faucets - ideal for home chefs. A large loft offers endless possibilities, perfect for a game room, library, or pool table. **Outdoor Oasis** Step outside to a covered patio complete with an outdoor kitchen featuring a BBQ grill and fridge. A large tiled seating area overlooks the stunning 10-foot-deep diving pool, accentuated by 12 color-changing lights, and a sprawling grass area. The backyard exudes a park-like ambiance with a private sidewalk and pathway lights that create a warm, welcoming atmosphere. **Smart Home Features** Designed for modern living, this home boasts a range of smart features: - Garage Control: Both the two-car garage and single-car garage (equipped with a camera) are smartphone-controlled. - HVAC Control: Adjust the HVAC system remotely for comfort and energy efficiency. - Patio Lighting: Control patio lights from your mobile device. - Pool Features: Manage all pool functions with remote control. - Exterior Lighting: Accent lights, lamp posts, and pathway lights are programmable with timers, night/day sensors, or manual mobile control. **Prime Location** This home combines luxury with convenience, situated near top-rated CUSD and charter schools, shopping, and freeway access. Welcome to Riggs Country Estate - a blend of timeless elegance and modern luxury awaits.
29561 N Varnum Road
San Tan Valley, AZ 85143
$1,199,000
4
Beds
3
Baths
3,025
SqFt
Status
Active Under Contract
MLS #
6725499
Property Type
Single Family Residence
Price Type
--
Look no further, this home has it ALL...4.55 Acres with Horse Privileges, Corner Lot, Mountain Views, 20' x 50' RV Garage piped for propane 500 gallon underground tank (owned), fenced in 14' x 28' Private Play Pool and Spa (UV lighting and ozone injectors for easy maintenance), 1100 square feet of hardscape pavers, backyard Gazebo and rectangular Built-in propane Fire Pit! I'd say, tranquility at its best! This remarkable modern farmhouse has 4 bedrooms, 3 baths with beautiful upgrades throughout including staggered kitchen cabinets, granite countertops, granite island with built in cabinets, energy efficient stainless-steel appliances and a walk-in pantry! The list is endless...it's breathtaking and a must see. Shipping container on property conveys. Call today for your private tour.
3263 E Bryce Lane
Phoenix, AZ 85050
$1,199,000
4
Beds
3
Baths
3,297
SqFt
Status
Active Under Contract
MLS #
6736726
Property Type
Single Family Residence
Price Type
--
Someone special was meant for this one. Back on market after the sellers contingency fell through, twice! Now is your chance to get into the amazing Sky Crossing Community! This elegant 4 bedroom/3 bath contains endless upgraded amenities including, quartz countertops throughout, custom accent walls, panoramic doors, chefs kitchen, fireplace, outdoor built in grill, in ground trampoline, no maintenance turf lawn, extra large loft area and much more! Situated in a cozy culdesac located across the street from Sky Crossing Elementary School. An outstanding community center complete with outdoor swimming pool, splash pad, and a full workout gym. This property is ready for you to make yourselves at home today!
745 Crosscreek Drive
Prescott, AZ 86303
$1,199,000
4
Beds
3
Baths
3,184
SqFt
Status
Active Under Contract
MLS #
6756804
Property Type
Single Family Residence
Price Type
--
Tucked away among the pines and overlooking the 5th fairway of the prestigious Capital Canyon Golf Club in Hassayampa, this 3,184 sq. ft. home offers both privacy and scenic beauty. The large deck is perfectly positioned to capture views of the lush course, distant mountains, and city lights, all while staying shaded from direct sunlight—ideal for morning coffee or evening cocktails, with a gentle breeze adding to the comfort. The interior features a welcoming great room with soaring, beamed ceilings, a dramatic floor-to-ceiling stone fireplace, and cherry hardwood floors. The updated kitchen is equipped with custom cherry cabinetry and premium granite countertops, perfect for both casual meals and entertaining. The main floor includes a spacious master suite with a large bath and walk- closet, along with two additional bedrooms and a bath. On the lower level, a guest suite provides extra privacy with its own living area, bedroom, and bath, plus access to a private patio. Located along the 5th fairway, this home offers an ideal balance of peaceful retreat and stunning views in the heart of the Hassayampa community.
6782 W Skylark Drive
Glendale, AZ 85308
$1,199,000
5
Beds
3
Baths
3,325
SqFt
Status
Active
MLS #
6711318
Property Type
Single Family Residence
Price Type
--
Looking for a beautiful home on the the lake with its own dock? Welcome to this 5 beds, 3 baths, upstairs loft/office, Pool / Spa home in Sabino/Arrowhead lakes area. Gorgeously remodel really checks all the boxes. Chef's kitchen with Quarts countertops, farmhouse sink, stainless steel Bosch appliances. New Vinyl flooring throughout the house. Gas fireplace, New wooden shutter in all the right places, New paint, New lighting and bath fixtures. 2 bedrooms with 1 bath downstairs. Great sized owner's suite comes with customized bay window bench to enjoy the breath-taking lake view, his/hers closets, walk-in tiled shower, and freestanding bathtub. Close to freeways, dinning, shopping, schools, etc. Come take a look today.
1110 N Cortez Road
Apache Junction, AZ 85119
$1,198,888
3
Beds
3
Baths
3,575
SqFt
Status
Active
MLS #
6784611
Property Type
Single Family Residence
Price Type
--
Nestled at the foot of the majestic Superstition Mountains, this Apache Junction property is a serene retreat on a sprawling 2.5-acre lot, zoned for horses. Perfectly blending spacious living w/ rural charm, the home features 3-beds, TWO private offices & a gigantic upstairs loft complete w/ its own bathroom & wet bar. Designed for comfort & functionality, a separate air-conditioned workshop in the garage, a large covered patio & an expansive upstairs balcony—all perfect for enjoying breathtaking views of the Superstition & Four Peaks mountains. The land surrounding the home offers ample room for children, livestock or future enhancements, making it an idyllic haven for families and horse enthusiasts alike. Residents adore this area for its rural ambiance while still being close to rivers lakes & essential establishments. With easy access to Hwy-88 & nearby recreational hotspots, this property combines tranquility w/ convenience. Don't miss this rare opportunity to own a spacious, beautifully designed home w/ endless possibilities for living & entertaining!
51445 N 299th Avenue
Wickenburg, AZ 85390
$1,197,500
4
Beds
3
Baths
1,612
SqFt
Status
Active
MLS #
6747332
Property Type
Single Family Residence
Price Type
--
Step into your own slice of Wickenburg horse country, where the timeless allure of the Old West blends seamlessly with modern comfort across two sprawling parcels totaling 10.89 acres. This unique property is a rare find, featuring not just one, but three beautifully designed homes, each offering a cozy retreat that's perfect for living the western dream. The main house, a warm and inviting haven, boasts 2 spacious bedrooms and 1 well-appointed bath. The open living spaces provide the perfect setting to relax and recharge after a day spent under the wide western sky. Just a short distance away, you'll find two additional homes, each with 1 bedroom and 1 bath—ideal for hosting guests or accommodating extended family. Each home offers a fully fenced yard, offering privacy and safety for all your two- and four-legged companions. Horse enthusiasts will appreciate the 12 stalls complete with shade and turnouts, a round pen, plenty of space for your rigs and room to add more, making this property a true equine paradise. And for those who love the RV lifestyle, there are 4 RV hookups, perfect for welcoming friends and family with their own home on wheels. Whether it's a weekend gathering or a longer stay, everyone will feel right at home on your ranch. But this ranch is more than just a place to live,it's a gathering spot where memories are made. Whether you're hosting a weekend barbecue, a sunset bonfire, or simply savoring the peace and quiet, this property offers the perfect backdrop for every moment. Embrace the freedom of the open range while enjoying the comforts of modern living. This isn't just a ranch; it's a lifestyle. Come see for yourself why this property is the perfect place to start your next chapter.
16912 E Desert Vista Trail
Rio Verde, AZ 85263
$1,197,000
4
Beds
4.5
Baths
4,200
SqFt
Status
Active
MLS #
6753799
Property Type
Single Family Residence
Price Type
--
The steel & glass double-door entrance leads to a gorgeous interior featuring a formal dining room with wood floors, wine closet with wrought iron & glass door, butlers pantry with wine refrigerator, great room with gas fireplace, & French doors leading to a covered patio. Archways throughout, recessed lighting, travertine floors, solid arched 8 ft. wood doors, 12 ft. ceilings, crown molding & 6 inch baseboards. The chef's kitchen is open to the great room, with double breakfast bars, fully equipped SS appliances, six burner Viking gas stove with pot filler, microwave, double ovens, GE Monagram side by side frig, granite countertops, plenty of cabinet space, a tile backsplash, huge walkin pantry, built-in desk, & large center island with sink and chandelier.
2508 S 200th Avenue
Buckeye, AZ 85326
$1,197,000
4
Beds
4.5
Baths
4,163
SqFt
Status
Active
MLS #
6772275
Property Type
Single Family Residence
Price Type
--
This stunning home offers 4,163 SQFT of spacious living, featuring a 1,000 SQFT garage equipped with Gladiator cabinets, 4 bedrooms with walk-in showers and closets, 4.5 bathrooms in total. The split floor plan includes a teen area and one of the bedrooms is a semi-mother-in-law suite with it's own entrance. Enjoy an open-concept gourmet kitchen with waterfall kitchen island, a wet bar, and a relaxing primary bedroom retreat, along with inviting outdoor living space. Situated on one acre of irrigated horse property with no HOA, shared well, and just minutes from I-10. Revel in mountain views, beautiful sunsets, and tranquility of the country life. Surrounded by custom site-built homes. Don't miss out on this exceptional opportunity.
5930 E Charter Oak Road
Scottsdale, AZ 85254
$1,196,000
4
Beds
3
Baths
2,580
SqFt
Status
Active
MLS #
6784956
Property Type
Single Family Residence
Price Type
--
Welcome home!This 4-bedroom,3-bathroom,2,580 sq. ft. gem seamlessly blends contemporary elegance with timeless design. Step into the inviting courtyard that leads to a home filled with natural light, vaulted ceilings, & recessed lighting.The open-concept kitchen is adorned with granite countertops & bamboo flooring,creating a warm & elegant space for entertaining.The spacious master suite features his & her closets & a luxurious spa-like shower, all the secondary baths are updated with sleek tiled showers. The split 4th guest bedroom with an en-suite bathroom offers ultimate guest privacy.Enjoy the expansive backyard oasis with a diving pool, above-ground hot tub, & fruitfilled citrus trees. Perfectly located near parks, shops, and schools, this home combines luxury,convenience &comfort
12295 N Lopez Wells Lane
Marana, AZ 85658
$1,195,000
3
Beds
2
Baths
2,614
SqFt
Status
Active
MLS #
6753591
Property Type
Single Family Residence
Price Type
--
Rarely available, this luxurious Bisbee Floorplan by Insight Homes is fully complete and ready for delivery! Special appointments include a full side extension of 2 additional feet adding space to the guest bedrooms and bath, a fully extended 3 car garage, GE Monogram Appliance package with a 48'' refrigerator, Expanded back yard with plenty of room for a pool and much more.
29647 N Kinder Crossing Pass
Rio Verde, AZ 85263
$1,195,000
3
Beds
2
Baths
1,948
SqFt
Status
Active
MLS #
6766808
Property Type
Single Family Residence
Price Type
--
IMAGINE starting your day with the VIEWS of the morning sun rising over the FOUR PEAKS and enjoying brilliant SUNSETS from your own PRIVATE POOL!! This elegant home is perfectly located in the prestigious Trilogy at Verde River on the premium homesite with MAJESTIC VIEWS of the Four Peaks that WILL TAKE YOUR BREATH AWAY! This highly sought after 3 BEDROOM Nice floor plan includes a Two Car AND a separate GOLF CART GARAGE and luxurious upgrades throughout. This stunning home is thoughtfully laid out and boasts a Great Room open concept and countless upgrades throughout. Beautiful design elements are apparent from the moment you arrive and not a detail has been overlooked either inside or out. The stylish kitchen is loaded with Stainless Steel GE Monogram Gourmet Applia nce Package, stunning white cabinets with soft close drawers, decorative Pearl Glass tile backsplash, Quartz Island with single bowl kitchen sink and Restaurant Style arbor bronze faucet, leaves absolutely nothing to be desired. Home has walk-in Pantry, Smart Space with laundry area, built in desks and tons of cabinet storage. Master suite is generously sized and offers a walk-in closet, double sinks, and a walk-in shower. Upgraded wood look tile flooring, Custom Hunter Douglas Window coverings throughout the whole home, exterior shade screens, Full Home Water Filtration System, Reverse Osmosis Drinking Water System, Custom surround sound in the living room, outdoor patio speakers and pool wall speakers, extra insulation between the dining room and master bedroom and in both the two car garage and golf cart garage, upgraded 250 gallon propane tank, garage service door, custom paint, Custom Landscaping and custom gutters around the entire home are just some of the notable upgrades. The Great room opens to an outdoor living room with a WALL of GLASS for optimal Arizona indoor-outdoor living where many great moments at home are spent outside. Custom Pool built by Presidential Pools has Baja shelf and in pool pop up cleaning system. Built in BBQ unit is a top-of-the-line Sedona L600 36 with Pro Sear feature! Resort living at its finest - enjoy breakfast on the patio, glass of wine under the covered patio and all the amenities that Trilogy has to offer! This home is STUNNING - Inside and Out! Trilogy at Verde River offers upscale Resort living at its finest and the very best of all possible worlds, close to the conveniences of affluent North Scottsdale, yet secreted within the pristine privacy of the Sonoran Desert. The amenities are World Class with Tom Lehman inspired eighteen-hole Golf course, tennis courts, pickle ball courts, and bocce ball, heated lap pool and Resort style swimming pool, hot tub, Afterburn fitness center, Helen's demonstration Kitchen for cooking classes and a 7.5 acre dog park. The community center has casual poolside dining at Eddy's Diner and gourmet dining at award-winning Needle Rock Kitchen and Tap, Alvea Spa with full-service Salon and Spa amenities, Art Loft and events center. Trilogy at Verde River is adjacent to the Tonto National Forest and is situated in the middle of miles and miles of hiking and biking trails. Whether you're seeking a second, winter home, or will live here year-round, Trilogy at Verde River is an ideal distance from the hustle and bustle of North Scottsdale. Attitudes here are different; there's a sense of community. You'll love the Resort living! What memories will you make?