With real estate becoming more affordable, new homes being sold in a range of prices and the cost of rent going up, there has never been a better time to consider buying a starter home.
Put That Rent Money Into Your Own Property
People who live in areas that have become trendy know the pain of rising rent rates. At what point is the amount of money being spent on rent more advantageous to put into a new home?
Starter homes are not the crazy investment they used to be. With the increase in condo developments and the lower entry price for smaller homes, it’s never been easier and less expensive to put a down payment on a new home and put that rent money into a place that you actually have a financial stake in.
A Starter Home Is Not A Fixer Upper
There was a point in time when starter homes were considered to be houses that required a lot of work to renovate them to a point where they could be sold for a profit. This was before really affordable condo developments started to spring up in every city and began to provide younger people the opportunity to own a home.
Some people still think of a starter home as a fixer upper, an old house that will require a substantial investment and time, something that most first-time home owners do not have an abundance of. In today’s market, starter homes can be brand new and will be in the best condition imaginable.
It Can Act As A Source Of Income
Some homeowners find that when it’s time to finally make the move from their starter home into their forever home, they no longer need to sell. In some cases they prefer to hold onto it and use it as a rental property to bring in a second source of income to help with the new house.
This is more common with condos in neighborhoods that have experienced tremendous growth around them in the years after the purchase. When the price of rent skyrockets in these areas, the investment actually has more value as a rental property until the time is right to sell.
There are many reasons to invest in a starter home and the area you want to buy will change depending on your own reasons. Give me a call so you can pinpoint what you want out of a starter home and receive some valuable insight into the kinds of homes you should be considering – J.P. Cook – 602-320-4253.
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4222 E Mclellan Circle Unit 7
Mesa, AZ 85205
$1,799,000
4
Beds
5
Baths
5,542
SqFt
Status
Active
MLS #
6753092
Property Type
Single Family Residence
Price Type
--
Welcome to an exquisite gated estate that epitomizes luxury living, nestled on a sprawling three-quarter acre lot. This stunning property is a true sanctuary, featuring an array of custom designs and high-end finishes that cater to the most discerning tastes.As you enter through the grand gates, you are greeted by meticulously landscaped grounds that set the tone for the elegance that awaits. The estate boasts spacious guest quarters, providing an ideal retreat for visitors while ensuring their privacy and comfort.Step inside to discover a breathtaking interior that seamlessly blends sophistication with warmth. The heart of the home is the gourmet kitchen, a chef's dream equipped with walnut and leathered marble countertops, complemented by a custom backsplash that adds a touch of artistry to the space. A state-of-the-art wine storage closet is perfectly situated, making it easy to store and showcase your finest vintages.The open-concept living areas are designed for both relaxation and entertaining, featuring multiple indoor fireplaces that create a cozy ambiance throughout the seasons. Large windows flood the space with natural light, offering picturesque views of the lush surroundings.Venture outdoors to experience your personal paradise. The backyard is a true highlight, featuring a stunning pool and spa that invite you to unwind and soak up the sun. The meticulously designed turf area provides a lush, green space for outdoor activities, while multiple outdoor fireplaces create inviting spots for gatherings under the stars. Every corner of this estate is adorned with custom upgrades, from elegant lighting fixtures to exquisite flooring, ensuring that no detail has been overlooked. The seamless flow between indoor and outdoor spaces makes this home perfect for entertaining guests or enjoying peaceful family moments. This sprawling gated estate is more than just a home; it is a lifestyle. With its luxurious amenities, custom designs, and serene surroundings!
4330 W Box Elder Lane
Show Low, AZ 85901
$1,799,000
6
Beds
6
Baths
4,500
SqFt
Status
Active
MLS #
6724011
Property Type
Single Family Residence
Price Type
--
Wow!! This is the pride of Torreon and can now be yours. This fantastic house has so many extras it will be hard to mention even a few of them. This 6 bedroom 6 bath home was built with the highest quality amenities throughout the home. Quartz countertops throughout, high end gas range, 2 tankless water heaters. soft water system, 2 hvac systems 5/8 inch fire rated drywall , tons of storage, 2 laundry rooms, it has a hardwired alarm system and intercom for all bedrooms and back deck, 2000 sq ft of t&g wood ceilings also features a 5 car garage with its own bathroom! This home has 6000 sq ft of pavers in the front and back with its own gas firepit, looking at the prettiest golf holes in Torreon #15 on the Tower course, looking at the green and pond.
40167 N 110th Place
Scottsdale, AZ 85262
$1,799,000
3
Beds
3
Baths
2,454
SqFt
Status
Active
MLS #
6735429
Property Type
Single Family Residence
Price Type
--
A Desert Mountain Lifestyle Membership is available to be transferred with this property. Situated on the 1st fairway of the Apache Golf Course at the world-renowned Desert Mountain Club, this property will impress with its stunning golf course views, expansive wall-to-wall windows, soaring 12' viga ceilings, alder woodwork, multiple fireplaces and hardwood floors. Your eye will be drawn to the stunning views of the golf course to the East and the mountain, sunset and city light views to the West. This North Scottsdale upgraded Cielo model patio home features an open great room floor plan with 3 bedrooms, 3 baths and 2,454 sq. ft. all on one level. The modern southwest architectural feel and the natural light interior throughout offers a high-end custom feel. The updated kitchen showcases stainless steel appliances with a gas cooktop, double ovens, copper backsplash, granite countertops, breakfast bar, and casual dining nook with custom built-in kitchen seating. Exterior features include large covered patios with lounging areas and banco seating, private spa, updated built-in BBQ grill, view fence, lush landscaping and a two car attached garage with epoxy flooring. A portion of the additional upgrades include roof coating, skylights, HVAC, tankless water heater, water softener and garage cabinets. The Village of Apache Cottages provides a private village pool and lounging area for residents.
19899 E Natalie Way
Queen Creek, AZ 85142
$1,799,000
4
Beds
3.5
Baths
4,269
SqFt
Status
Active
MLS #
6725556
Property Type
Single Family Residence
Price Type
--
LAST NEW HOME AVAILABLE!! 5.99% Available on this Brand New Toll Brothers Home. Prime Location and Private Gated Community at Whitewing at Whisper Ranch Community allows Guest Homes, RV Garages and Casitas to be built on this Large 22,578sq ft Oversized Lot! Home is Located across from the Community Center and Large Greenbelt. Located in Queen Creek AZ with Stunning Multi Million Dollar Homes, Mountain Views, Green Belts, Outdoor Firepits and Covered Sitting Areas! The Home Boasts an attached Casita with Separate Entrance. 14ft Soaring Ceilings in Great Room and Multiple Sliding Walls of Glass Doors create an Expansive Living Space with Natural Light. The Book Matched Taj Mahal Quartzite is Gorgeous! The Chefs Kitchen with Large Oversized Island is the Heart of this Luxury Home.
6525 E Cave Creek Road Unit 4
Cave Creek, AZ 85331
$1,799,000
4
Beds
4.5
Baths
3,477
SqFt
Status
Active
MLS #
6769048
Property Type
Single Family Residence
Price Type
--
LUXURY LIVING IN PRIME CAVE CREEK LOCATION WITH PRIVATE ELEVATOR-Discover Modern Elegance at Hidden Rock in a prime Cave Creek location! Situated at the base of Black Mountain, this stunning former model home perfectly blends contemporary style with Southwest charm. Step inside to be greeted by soaring ceilings and a breathtaking 22-foot gas fireplace. The 400-bottle wine wall is a focal point, complementing the chef's kitchen featuring a large granite waterfall island, Thermador stainless steel appliances, a gas cooktop, built-in espresso machine, and custom bookend cabinetry. The main level boasts a luxurious master suite with a spa-like bath designed for relaxation. A generously sized guest bedroom with an ensuite bath offers comfort and privacy. Ascend via your private elevator to the spacious second primary suite, complete with its own private balcony showcasing captivating mountain views. On this upper level, enjoy a versatile media room or additional ensuite bedroom, wet bar, and an open loft that leads to a large patio perfect for soaking in spectacular sunsets. The expansive, enclosed backyard is an entertainer's dream, featuring a gas fireplace and built-in BBQ. Close proximity to the community pool and cute walk way right to the Grotto. Amazing location walking distance to many trails, bars, restaurants, and shopping! Experience the best of modern luxury living and Southwest serenity at this Hidden Rock beauty!
19737 E Willow Drive
Queen Creek, AZ 85142
$1,799,000
5
Beds
4.5
Baths
4,002
SqFt
Status
Active
MLS #
6778242
Property Type
Single Family Residence
Price Type
--
You won't find another home like this! Stunning 4,002 sq. ft. single-level in the highly desirable La Jara Farms community that sits on one of the largest lots in the neighborhood - 1.06 acres. Walk into a wide open floor plan with 4 bedrooms, 3.5 baths and a large game room access to the side garage. Large master suite leads into master bath with expansive shower, freestanding tub and double vanity sinks. Kitchen includes a massive, tiered countertop island, built-in fridge, double ovens, plenty of cabinet space all opening up to the great room all under tall 12' ceilings. It gets better... walk outside to gorgeous pool, new hot tub, pickleball court and a dream of an RV garage that's fully air-conditioned with an attached 1,476 sq. ft. casita that includes a large bedroom, living area, full kitchen and laundry! Casita bathroom includes a huge walk in shower! There is plenty of space for the in-laws or friends in town. You won't be lacking in garage space and parking. Home is in a great location near shopping, freeway access, Arizona Athletic Grounds and much more. This one is a must see!
8378 E San Sebastian Drive
Scottsdale, AZ 85258
$1,799,000
4
Beds
3.5
Baths
3,135
SqFt
Status
Active
MLS #
6775206
Property Type
Single Family Residence
Price Type
--
This remodeled luxury residence boasts an ideal location, combining tranquility with convenient access to upscale dining, shopping, and outdoor activities. Step inside to discover soaring vaulted ceilings that create an inviting and spacious ambiance throughout the home. With four generous bedrooms and three and a half pristine bathrooms, this property is perfect for both relaxation and entertaining. The open-concept living area flows seamlessly into a gourmet kitchen, featuring a stylish butler's pantry. The backyard is a true oasis, adorned with mature trees that provide unmatched privacy and a sense of serenity. This luxurious home harmoniously blends modern elegance with the charm of Scottsdale living.
10606 N Indian Wells Drive
Fountain Hills, AZ 85268
$1,799,000
4
Beds
5
Baths
4,358
SqFt
Status
Active
MLS #
6729495
Property Type
Single Family Residence
Price Type
--
LEASE OPTION AVAILABLE - This stunning 4 bedroom, 5 bathroom home offers 4,358 square feet of living space with golf course & mountain VIEWS! Remodeled in 2023, walls were removed to create a light and open feel throughout the main level. Located just two houses down from the Desert Canyon Golf Club & Restaurant - walk to the golf club to tee off! Both bedrooms on the lower level are additional primary suites with large rooms, ensuite baths & walk-in closets. For your convenience, laundry rooms up & down! Step outside and relax on the expansive covered patios, which run the full length of both the upper and lower levels. Enjoy the dark evening sky from the heated pool & spa. Make sure to click ''more''! In the kitchen you will find Zline appliances including 48'' gas range, quartzite countertops and beverage refrigerators. The oversized 3-car garage provides ample space for large vehicles, EV CHARGER and built-in workbench/storage cabinets to keep you organized. NO HOA - THIS HOME CAN BE USED AS A SHORT TERM RENTAL (Airbnb/VRBO). NOT A FLIP - remodeled by 2.5 year homeowners. This meticulously remodeled residence is your own private desert WINTER oasis, offering the perfect blend of functionality, luxury, and stunning views for years to come! OWNER/AGENT
2910 E Chuparosa Circle
Payson, AZ 85541
$1,798,888
4
Beds
3.5
Baths
5,934
SqFt
Status
Active
MLS #
6582207
Property Type
Single Family Residence
Price Type
--
BEST VALUE/PER SF PRICING in CHAPARRAL PINES!! Fabulous Modern Spanish Colonial custom built home perched on the top of the ridge with commanding forest & mountain views in every direction! This stunner boasts unparalleled quality construction, gorgeous finishes throughout & an attention to detail in every inch of this beautiful one-of-a-kind custom home in the highly desired guard-gated private secure enclave of Chaparral Pines! The over-sized great room features soaring high ceilings with hand sawn wood beams & walls of glass/ & matching huge gas stone fireplaces flanking the room -truly an entertainer's delight! Enjoy this dream chef's kitchen in the heart of this extraordinary custom home that features a high end Sub-Zero, Wolf, Bosch appliance pkg & panoramic mountain & forest view from every window & a huge custom island w/ counter level seating for the best kitchen entertaining experience! Decadent primary suite featuring soaring high vaulted ceilings, a wall of glass overlooking the incredible mountain & forest views, & a stone surround gas fireplace! This primary suite also features a coffee/drink bar complete w/ R/O tap at it's own sink & Sub-Zero refrigerator/& freezer/ice maker drawers! The primary bathroom boasts a gas stone fireplace across from the jetted/heated over-sized tub with huge panoramic picture windows for your viewing/soaking relaxing experience! Additionally, the primary bathroom features double vanity w/ 2 sinks, a walk-in shower, & lg. walk-in closet! The main level of the home features 1 more ensuite secondary bedroom w/ stunning views! Additionally, there is a spacious beautifully appointed home den/office with a gorgeous custom desk, built-in file drawers & plenty of cabinet space & an ensuite bathroom w/ large shower & antique sink vanity (this home office could easily be converted to an additional bedroom/or mother-in-law suite). Don't forget to see the dream laundry center--& enjoy the panoramic views here! The finished lower-level entry starts with a beautiful custom stone & wrought iron staircase leading you to the huge game room for all of your gaming preferences that features a stunning stone gas fireplace/hand-sawn wood beams in the ceiling & a spacious kitchen/bar area featuring a sink with it's own R/O system, Sub-Zero refrigerator/freezer/ice maker drawers, dishwasher & microwave! Additionally, there is a decadent 7 seat movie theatre room that features beautiful electric reclining theatre chairs/tiered in 2 separate rows for the whole family's preferred viewing experience! Additionally, you will find a spacious wine nook in the lower level with custom hand-crafted wine drawers to fill with your favorite wines! There are 2 more secondary bedrooms in the lower-level that enjoy a full bathroom for their use! Dream garage w/ an electric car charging station, a spacious workroom w/ beautiful cabinetry & hand-wrought zinc countertops, & plenty of custom built-in cabinetry for all of your garage storage needs! Incredible custom home with custom alder wood interior doors throughout -- in an incredible natural setting with incredible finishes!!! One of a kind!!! (Dedicated engineered & pre-wired space for an elevator in the kitchen if the buyer wants 1 installed)
6964 E Redbird Road
Scottsdale, AZ 85266
$1,798,500
4
Beds
3.5
Baths
4,142
SqFt
Status
Active
MLS #
6708889
Property Type
Single Family Residence
Price Type
--
Welcome to 6964 E Red Bird Rd, Scottsdale, AZ 85266 - an exquisite desert oasis that perfectly blends luxury and tranquility. Nestled in the heart of Scottsdale, this stunning property offers a serene escape with breathtaking views of the Sonoran Desert and majestic mountains. As you approach this elegant home, you are greeted by a beautifully landscaped front yard featuring native desert plants and a charming pathway leading to the grand entrance. Step inside to discover a spacious and open floor plan that boasts high ceilings, expansive windows, and an abundance of natural light, creating a warm and inviting atmosphere. The gourmet kitchen is a chef's dream, equipped with top-of-the-line stainless steel appliances, custom cabinetry, granite countertops, and a large island with a breakfast bar. The adjacent dining area and living room, with a cozy fireplace, provide the perfect space for entertaining guests or enjoying a quiet evening with family. Retreat to the luxurious master suite, complete with a spa-like ensuite bathroom featuring a soaking tub, dual vanities, and a walk-in shower. Additional bedrooms are generously sized and offer ample closet space, ensuring comfort for family and visitors alike. Step outside to the expansive backyard, where you'll find a covered patio ideal for alfresco dining, a sparkling pool perfect for cooling off on hot Arizona days, and plenty of space for outdoor activities. The property also includes a three-car garage and a dedicated laundry room for added convenience. Located in a peaceful and prestigious neighborhood, this home provides easy access to top-rated schools, fine dining, shopping, and outdoor recreational activities. Experience the best of Scottsdale living at 6964 E Red Bird Rd - where luxury meets the beauty of the desert.
2336 E Elk Bugle Trail
San Tan Valley, AZ 85140
$1,795,000
5
Beds
4
Baths
3,369
SqFt
Status
Active
MLS #
6769858
Property Type
Single Family Residence
Price Type
--
This rare opportunity is a one-of-a-kind 2-acre custom residential property that impressively catches your eye as you approach the privately gated entrance where you are presented with the elegant main residence, the large detached garage, the custom pool house, the exquisite swimming pool and spa, the in-ground trampoline, the dreamlike custom playground and the resort style property that will become the gathering place for your family and your friends. The property has 6,000 sf under roof with 4 structures including the primary residence, the detached garage, the pool house and the work shed. Additionally, the property has 1 acre of pasture to support any horse, livestock, farming and riding area. The large emerald green pasture is flood irrigated, has 3 pens, the 2 separate fenced off pasture areas for grazing or riding and is framed by 6 large shade trees that make this area unlike any other. Upon entering through the custom wrought iron front gate, the primary residence presents itself through the lighted stone pillars and on into the home through the oversized glass beveled front door. You will find yourself entranced by the custom designed travertine floors with your eyes naturally opening to the beauty of the custom archways and views. As you leave the front entry area, you will see through the glass bay window that frames your view over the undulating putting green and your eyes will fall in love with the sparkling waters of the exquisite swimming pool, the rock waterfall, the rock slide and the custom pool house. The kitchen is custom designed with handcrafted cabinetry, chiseled granite countertops, all stainless steel appliances - dual side by side built in refrigerators, double dishwashers, a built-in microwave, oven, electric stove top and an oversized kitchen island that is the main attraction for all large gatherings. Gather your friends and family in the dining room that comfortably seats 12 people and spill into the galley area for those large holiday gatherings. The kitchen overlooks the lighted galley area that spills into the family room where the lighted niches highlight the built-in large screen television. The family room allows for surround sound entertainment as you enjoy your movie nights, shows and sporting events. The pantry area is a gem and will impress anyone that appreciates a custom pantry that is over 15 feet long, has a stand-up freezer and enough storage and shelving to handle the largest family's needs. The custom barreled ceilings are subtly lit while you leave the family room and head to one of the five bedrooms with the main hallway capped on both ends with mirrors making the hallway appear to be endless. The private master suite is masterfully appointed with a spacious bedroom with windows over the king size bed where you will enjoy waking up to the morning light that peers through the windows. The master bedroom has its own private entrance and exit onto the back patio. Be sure to look through the large bedroom window that provides a sweeping view of the entire back yard. The master bathroom includes a sink vanity combo. Walk into the oversized shower with dual shower heads combined with an overhead rain shower spout to cool you down on those warm summer days. Continue into the large his and her custom cabinet walk-in closet that takes organization to the highest level. The 5 bedrooms are oversized and spacious and provide room for children at any age. From a jack and jill arrangement for two of the bedrooms, to a spacious bedroom that is large enough to be a den or a game room and onto the far bedroom that feels like the room is on its own wing of the home as the room has convenient entrance and exit access to the back patio. The laundry room is custom fitted with cabinets from floor to ceiling, designed for 1 washer and 2 dryers which will keep the laundry process as efficient as possible and includes a large, deep sink. The laundry room provides maximum storage and organization in this oversized laundry room. Throughout the home are 10'+ ceilings, custom alder doors from Mexico, wood ceiling trim, high end baseboards and custom painting inside and outside of all structures. Central Vac throughout. Ceiling fans throughout the house and all patios. All appliances, a/c & heat pump and toilets have all been upgraded in the past 2-5 years. The resort-like pool is a 40,000 gallon paradise, with a raised spa and spillover and is complimented by the rock waterfall, rock slide and rock grotto masterpiece. Here you will enjoy endless hours of pool slide activity or sit back, relax and listen to the enchanting peace of listening to the waterfall. The pool provides additional activities including pool volleyball with built in sleeves to hold the poles, pool basketball, a large kids play area on a beach shelf as well as sleeves around the pool to place umbrellas as you lounge in one of the many areas around the pool. You can also position the hammock based on the time of day or night to enjoy a book, a peaceful nap or listen to the waterfall. The 1,000 sf stone pillared pool house was designed to match the primary residence and boasts a dining area, plenty of ceiling fans, a bathroom, a kitchen area, sink, microwave, space for a bbq and be sure to locate the indoor storage for your kayaks, paddleboards and swimming pool toys and games. The pool house can be converted to a casita, if desired. The built-in circular fireplace is large enough to seat 8+ people as you sit with family and friends watching the stars or listening to the large waterfall cascading into the pool. The detached garage is 1,800 sf designed to match the main residence. The garage parks 4 large vehicles, enough space for a large boat, custom cabinetry that provides instant organization and enough power to operate the most powerful machines. The garage provides 50 amp and 30 amp connections for the electric vehicles, RV's and any power tools needed. There is also an RV dump hook up in the front yard that leads directly to the septic tank. The work shed is discreetly located behind the detached garage to house the rest of your yard tools and storage needs. There is enough space to build your own garden for the organic vegetables you would like to go along with the organic fruit trees that are already produced on property. The property has over an acre of grass and pasture areas that are on flood irrigation with your own private water rights that cost $10 per acre foot of water to water all grass areas as the property has 2 separate and conveniently located controls. The property is lined with 40+ trees highlighted by the orange, lemon, lime, pomegranate and deciduous fruit trees along with the towering shade trees that are all on a custom drip system. The property has 400 amps to the property with 200 amps to the main residence and 200 amps to the rest of the property. The cement driveway has a well-lit basketball court area, a pickleball area and space to ride bicycles, scooters and rollerblades without having to leave the property. The playground has been customized to include the built in trampoline, a sandbox, monkey bars, 2 swings, a slide, a 3 way teeter totter and a slide/canopy slide for the youngest children. The large chinaberry tree makes playing on the playground a great experience as the tree provides shade throughout the day. The property is lit with 8 powerful lights to light up the backyard. The large backyard is versatile and accommodates room for soccer, wiffle ball, badminton, volleyball and croquet. The backyard has hosted infield for little league softball & baseball and a professional batting cage. Practice and play during the day or at night under the lights at those sports you want to perfect. This property will accommodate more residential space as there is a building envelope that allows for expansion to the main residence or a separate casita up to an additional 4,000+ sf, an additional RV garage with the pad already laid and enough space for any size family to expand this resort like property to maximize your dream home!
1368 S Mulberry Street
Gilbert, AZ 85296
$1,795,000
7
Beds
7.5
Baths
5,200
SqFt
Status
Active
MLS #
6773896
Property Type
Single Family Residence
Price Type
--
Welcome to your dream retreat in the heart of Agritopia, where modern elegance meets tranquil countryside living. This stunning 7-bedroom, 7.5-bathroom home is a true masterpiece, designed for both lavish entertaining and serene living. As you enter, you're greeted by a bright and airy foyer that leads into an expansive open-concept living area, flooded with natural light and adorned with high-end finishes. The gourmet kitchen, equipped with top-of-the-line appliances, is a chef's paradise, complete with an oversized island and custom cabinetry, perfect for culinary adventures and gatherings. Retreat to the sumptuous primary suite on the main level, featuring a spa-like ensuite bath with a soaking tub, dual vanities, and a spacious walk-in closet. This luxurious suite also boasts a private laundry room, adding convenience and ease to your daily routine. The second master suite, conveniently located upstairs, offers a private sanctuary with its own luxurious ensuite bath, ideal for guests or as a separate living space for family members. Each additional bedroom is generously sized, each with en-suite access, ensuring comfort and privacy for everyone. Step outside to your own private oasis, featuring a play pool, a basketball hoop for friendly competitions, and a cozy fire pitperfect for gatherings and evenings under the stars. The thoughtfully designed outdoor space blends relaxation and entertainment seamlessly. Descend into the fully finished basement, a true highlight of this property, featuring a state-of-the-art theater that promises cinematic experiences in the comfort of your home. Whether hosting movie nights or enjoying game days, this versatile space is sure to impress. Situated in the highly sought-after Agritopia community, this property offers a unique lifestyle that combines luxury with a close-knit, family-friendly atmosphere. With nearby parks, farm-to-table dining, and a vibrant community spirit, this home truly embodies the best of both worlds. Don't miss the opportunity to make this luxurious haven your own. Reach out for a private tour today and experience the elegance and charm of this remarkable property!