Below is the following statement from NAR Chief Economist Lawrence Yun on the Federal Reserve’s decision today to raise short-term rates for the first time in 2017:
“Rising inflation will predominantly dictate the next monetary policy decision, but another short-term rate hike should be expected by the end of the summer. Right now, rents and housing costs are increasing faster than other components because of the stubborn housing shortages in much of the U.S. To contain inflation and slow the pace of future rate hikes, more home construction is needed now.”
What’s Your Home Worth?
Search for Your New Home
7009 E Avenida El Alba Drive Paradise Valley, AZ 85253
$12,599,900
6
Beds
6.5
Baths
8,434
SqFt
Status
Active
MLS #
6757736
Property Type
Single Family Residence
Price Type
--
Contemporary estate nestled on 1.47 acres with 6 bedrooms plus a den, 6.5 bathrooms, and a 5-car garage, this home offers ample space and flexibility for comfortable living and hosting. The large primary suite boasts a flexible bonus room, perfect for an exercise area, nursery, or office. High-end finishes adorn the interior, complemented by Wolf and Sub-Zero appliances in the gourmet kitchen. Step outside to your private entertainment oasis featuring a pool, spa, barbecue area, fire pit, basketball court, batting cage, and a children's playhouse. This estate includes an oversized one-bedroom guest casita with a full living room and an indoor/outdoor bar. Whether hosting guests or seeking a family retreat, this haven promises luxurious comfort and style. 8,434 square footage = 7,065 sq ft main house; 1,370 sq ft guest/pool house 6 ensuite bedrooms + kids playroom + primary bedroom retreat that can be used as a nursery, office, gym or 2nd closet. Main house is 5 bedrooms plus the bonus rooms. 1,613 sq ft 5 car garage gated motor court 3,572 sq ft of covered patios 48 tall tempered glass pool fence w/heavy duty 2205 stainless steel brackets Temperature controlled wine wall Roller shades window coverings - motorized window coverings Custom drapery Control 4 Home Automation, Security and lighting Temperature controlled kids playhouse Sport court w/basketball hoop Artificial turf Custom light fixtures
11179 E Honda Bow Road Scottsdale, AZ 85262
$12,500,000
4
Beds
5.5
Baths
8,685
SqFt
Status
Active
MLS #
6765120
Property Type
Single Family Residence
Price Type
--
Spectacular Desert Mountain Estate with Golf Membership immediately available. Located in Apache Peak Preserve on 2+ private acres. Nestled among ancient rock formations. Amazing year-round Valley, sunset and city lights views! Ultimate curb appeal with gated porte-cochere and circular auto court. Magnificent gardens encompass colonnaded patios, ramada and spa deck. This single level home is a collaborative effort of 4 ''Masters of the Southwest'' for interior and exterior design, construction and landscape. Expertly curated fixtures, finishes, appliances, and smart home technology. 30-day membership application and approval process. The bridge and gated entry are just the beginning of the dramatic approach, enhanced by.gas lanterns, a bubbling fountain and circular auto court flanked by two garages housing 4 cars total. All leading to the entry courtyard with cozy hearthside seating and seasonal gardens The stunning great room features high ceilings, a deep crown moulding accented with clerestory windows, a grand marble hearth and a bank of European French doors all opening to the colonaded veranda and Valley views. The formal dining room is appointed with built-in, lighted display cabinets and a show-stopping double wine cellar symmetrically flanking the room. A Chef's Kitchen boasts beautiful white cabinetry with lighted displays, a double island, quartzite counters, ideal cooking layout, large pantry and commercial walk-in cooler. Elegant executive library features coffered ceilings and custom built-ins. Finely appointed Primary Bedroom and Spa Bath with marble counters and custom Italian tiles. Family and friends readily gravitate to the roomy yet cozy billiards/media room immediately accessible from the kitchen and patio/pool, complete with mixologist's outfitted serving bar. Guest suites and Casita are spacious and appointed in Chateau-Relais style. The stunning veranda, pool, gazebo and gardens are reminiscent of a Cap Ferret holiday setting, all overlooking unencumbered views of the Valley of the Sun. A generous artist's studio with French windows for natural light is tucked away below the Casita...perfect also as a music studio. It is accessed by an elevator. Separate patio for furry friends is complete with grass and a potted kumquat orchard! European-inspired stone fire places are found throughout the exterior courtyards, Great Room, Primary Bedroom and Casita. White oak and marble flooring, European tiles, banks of French doors, impressive mouldings, and elegant fixtures are distinctive features that set this home apart. Smart home features include Savant System and an extensive solar panel array. Plan soon for a private visit of this masterpiece: imagined by the owners in collaboration with Candelaria Design, Manship Builders, Ashley P Design Interiors and Enchanted Gardens.
19920 W Verde Hills Drive Wickenburg, AZ 85390
$12,000,000
3
Beds
3.5
Baths
5,339
SqFt
Status
Active
MLS #
6527371
Property Type
Single Family Residence
Price Type
--
Wickenburg's Premier Equestrian Estate on over 400 Acres of lush high Sonoran Desert with views in all directions. A magnificent custom designed (by Bill Otwell) and built (by Joe Culhane) Main Residence w/Five Patio's and Extensive Landscaping including a custom built Rock Driveway. Custom designed & built detached Garage w/RV Bay. Guest Home, Horse Facilities. 108.3 Acres and Residence in Yavapai County, 295.47 Acres in Maricopa County.
10835 E Mountain Spring Road Scottsdale, AZ 85255
$12,000,000
5
Beds
8
Baths
12,289
SqFt
Status
Active Under Contract
MLS #
6759614
Property Type
Single Family Residence
Price Type
--
Extraordinary estate nestled in Silverleaf's Upper Canyon McDowell Mountain preserve with a majestic mountain backdrop, dramatic down valley city views, and golf course proximity, this home is exquisitely picturesque. Built by Catalina Custom Homes with design inspired by traditional Spanish architecture, this storybook is a living legacy of grace and character. An architectural masterpiece, featuring 5 bedrooms, 8 baths, two offices, and game room with ten patios/outdoor living areas, meticulously planned for functional living with large spaces for optimal elite entertaining and vignette boutique spaces that add interest and charm. Finished with the finest custom details for the most discerning resident. Timeless sophistication with grand ceilings boast extensive custom millwork, intricate detailed coffered ceilings, mouldings/trim, and hand picked reclaimed beams. Details are abound including architectural mason designed custom stonework, complimenting hand painted accent tiled walls, European hickory wide plank and stone flooring, alder wood doors and roll-out windows, and convenient dumbwaiter. At the heart of the home is an oversized great room with double island kitchen, separate prep pantry, informal dining and limitless living space with two fireplaces. Owner's retreat offers spacious bedroom, living area and additional adjoining flex room. Attached guest residence has private entry and access to main home, features oversized living area with fireplace, kitchenette and abundant bedroom and bath. Spacious outdoor living areas, downstairs off great room and an upstairs off game room, enhance seamless living and maximize the panoramic views from every angle. Manicured English style garden is the heart of the back yard, surrounded by covered living spaces and rectilinear vignettes that create charming spaces for outdoor living. Privately entertain with large pool and spa with generous grass area, outdoor kitchen and oversized fire pit that overlooks spectacular down valley views. Refined luxury living at its best.
6612 E Hummingbird Lane Paradise Valley, AZ 85253
$11,999,999
5
Beds
5.5
Baths
7,104
SqFt
Status
Active
MLS #
6775785
Property Type
Single Family Residence
Price Type
--
Designed by renown architect Brent Kendle this home is being constructed to harmonize with its natural surroundings, while making its own bold statement. Hummingbird Residence exploits the natural grandeur of the desert wash traversing the site, while walls of glass and soaring roof forms reach out to capture mountain views. Social, family and entertainment zones are separated from peaceful private bedroom zones via a dramatic curved indoor bridge spanning the desert wash. A curved wall of glass welcomes views of nature and the infinity-edge pool along one side of the bridge while a gallery wall boasting artfully placed slots of natural light adorns the opposite side. Outdoor living spaces enhance the experience, creating intimate encounters with nature as well as grand festive spaces for outdoor gathering with family and friends. Building materials extend the connection to its surrounding, utilizing earth tone metal, architectural textured masonry, and copious expanses of glass to take in views while bathing the interior in soft diffused illumination. The homes warm modern interior is adorned with rich materials such as natural stone, custom millwork, and wood ceilings that visually soften while making a sophisticated statement.
6200 E Quartz Mountain Road Paradise Valley, AZ 85253
$11,999,888
4
Beds
5.5
Baths
6,805
SqFt
Status
Active
MLS #
6674881
Property Type
Single Family Residence
Price Type
--
Award winning - Builder, TeMac, & Architect, Candelaria Design - team for an epic Mountainside Retreat. This stately, single-level estate, offers all of the modern day amenities, & the peaceful getaway you need & deserve, with miles of view corridors over the Sonoran desert; all the while only minutes from world-class: shopping, entertainment & fine dining. The estate, perched on Mummy Mountain, on over an acre of flat land, boasts its own wellness center for relaxation, zen garden atrium, a spacious primary wing with two huge closets, spa like bathroom, sitting area, and massive doors and windows for scenic enjoyment. The indoor outdoor living is abundant with a true resort infinity edge pool, massive kitchen, game room, gym, 3 additional en-suites, an office, and 4 garages.
41851 N 112th Place Scottsdale, AZ 85262
$11,995,000
6
Beds
5.5
Baths
6,963
SqFt
Status
Active
MLS #
6675780
Property Type
Single Family Residence
Price Type
--
Welcome to your new serene abode in Desert Mountain's prestigious Village of Apache Peak, perched high over the valley taking in twinkling city lights, picturesque sunsets, and sweeping mountain vistas. This home is the complete package - being sold with a FULL GOLF MEMBERSHIP (buyer to pay initiation fee), and furnishings included in the price. This home was completely remodeled in 2022 by Gemini Builders and award-winning designers, JFS Design. Upon entry to the property, you'll downshift from your day into a home thoughtfully designed to support a peaceful lifestyle. From the gentle hum of the hand chiseled stone driveway, to soft earth tones and natural stone finishes, and to the delicate blend of curved and modern walls-all thoughtfully chosen finishes to lower your heart rate. All on one level, this home features six bedrooms, five and a half bathrooms, and was designed for entertaining with almost 7,000sf of indoor, 7,250sf of outdoor oasis, a large chef's kitchen, breakfast nook, oversized 2nd catering kitchen, theater room, detached guest house, spacious 4-car garage, and an expansive patio space rare to find on a 1.3-acre mountainside lot. The main kitchen captures your attention with a White Oak statement ceiling with underlit lighting, two-tone cabinetry, and features top of the line finishes and appliances including Wolf and Sub Zero, Paonazzo marble countertops, Silestone granite composite sinks, a breakfast nook with beverage bar with Wolf espresso machine, Sub Zero beverage and wine fridge, and ice maker. Luxurious cabinetry throughout the home is all hand wired brushed Rift Oak, imported from Canada. The flooring is equally as beautiful with a custom stain on imported European French Oak with Quartzite accents blending seamlessly throughout the home. A focal point seen from the kitchen is the elegant 1,000+ bottle temperature controlled wine room/humidor, walled by three sides of glass which separates the breakfast nook with the living room. Featured lighting throughout the home is inspired by the home's starry sky views, suspended and hung from aircraft cables for an elegant and soft industrial feel. The oversized prep kitchen also features Wolf, Sub Zero, and Cove appliances, as well as an additional laundry area for easy cleanup. The formal dining room off the kitchen features 90-degree retractable walls of glass for a true indoor outdoor dining experience with picturesque views back to Apache Peak. Flooring in the dining room is Marble with petrified tree roots and amber sap pockets in a bookmatched theme providing depth and interest to the discerning eye. Rich and automated Belgian drapery is found throughout the home blending the rooms seamlessly with each a retractable wall of glass. Enter the primary wing where it's a haven for rest and relaxation, inspired by some of the world's most luxurious hotels. European White Oak ceilings with Belgian drapery and a Totora Italian marble fireplace with a morning coffee bar completes this sanctuary. Enjoy sunset views from the primary suite with outdoor pool access. The primary bath is spa inspired with a soaking tub, his and hers vanities, and a commercial grade dual steam shower with bench, underlit lighting and walls of Turkish Stone. His and hers primary closets are both show stoppers of their own. Her closet features a Barney's NYC iconic spiral staircase leading to the second story champagne viewing deck. A Ted Baker shopping experience describes his closet with dark finishes, sleek lines, and walled by glass on both sides. True designer closets for your designer belongings with no details spared. All guest bedrooms in the home have convenient access to the outdoors. Enjoy mesmerizing views from the detached guest casita with kitchenette, full bath, bedroom and living space. This could alternate as a stunning office or yoga / meditation room. Built with a timeless design, this home's new owner is one with an eye for detail and appreciates an environment that reflects a discerning eye. Options to make personalized adjustments on the home are available with the builder. Whole home automation with Control 4. This home is centrally located within Desert Mountain, offering the ideal lifestyle with proximity to the Sonoran Fitness Club, 7 clubhouses each with their own dining options, 7 golf courses, and 20 miles of hiking trails. Quick gate access facilitates trips into town for shopping, additional dining, other outdoor adventures or airport access. Live the flawless desert dream in this magnificently property. Golf membership available to be purchased with this property.
4829 E Orchid Lane Paradise Valley, AZ 85253
$11,995,000
4
Beds
7
Baths
8,348
SqFt
Status
Active
MLS #
6758293
Property Type
Single Family Residence
Price Type
--
Views! Views! Views! This home is located on an elevated lot at the end of the cul-de-sac on one of the most beautiful streets in Paradise Valley! 360-degree views with different mountains out of almost every room in the house. No details were spared to create this amazing oasis in the desert. Souring 18-foot coffered ceilings in both the great room and adjacent game room both with huge exterior pocket doors making your indoor and outdoor areas become one! Chef's kitchen, butler's pantry, gorgeous views of the McDowell Mountains from the office and formal dining room. Huge gym with exterior pocket doors opening the entire wall providing stunning views of Mummy Mountain! The Master Bedroom has unmatched views of the Phoenix Mountain Reserves. Huge his and hers closets and a spa like Master Bath including dual water closets, steam shower, 11-piece shower set, the list goes on and on! Step into your resort like back yard and you will be surrounded by mountain views in every direction. A huge pool and spa with attached sunken firepit. At the end of the pool is an outdoor dining/lounging area with stunning stone water feature and 360-degree mountain views! This is a one-of-a-kind property. Homes with this level of quality, detail, privacy and views rarely come on the market.
7436 E Continental Mountain Drive Cave Creek, AZ 85331
$11,000,000
5
Beds
6
Baths
7,934
SqFt
Status
Active
MLS #
6652945
Property Type
Single Family Residence
Price Type
--
The Mustang residence is nestled on 4.7 acres with breathtaking 360-degree mountain views. Facing southwest, this residence perfectly captures the tranquil surroundings, offering a seamless blend of indoor-outdoor living on a single-level split floorplan. The warm and organic material palette, features stone, wood, steel, and glass. The heart of the home unfolds as you step inside, revealing an open living, kitchen, and dining space. This central hub is designed for both relaxation and entertainment, with the flexibility to open the floor-to-ceiling pocket doors during the season. The outdoors is an entertainer's dream, boasting an infinity pool that seemingly merges with the horizon, set against a backdrop of majestic mountains. Descend from the deck to enjoy an outdoor lounge centered around a fire pit creating the ideal setting for relaxed social gatherings. The rooftop, immersed in the saguaro forest, invites you to experience everyday magic during the golden hour or revel in solitude under the stars. In this home, every detail has been meticulously crafted to provide a sophisticated and harmonious living experience. Welcome to Continental Mountain Estates, where modern luxury meets the Old West.
6638 N 66th Place Paradise Valley, AZ 85253
$11,000,000
6
Beds
6.5
Baths
10,071
SqFt
Status
Active
MLS #
6749099
Property Type
Single Family Residence
Price Type
--
Discover an exclusive opportunity to own a prestigious estate in the highly sought-after Judson Estates of Paradise Valley. Set on a sprawling 1.5-acre lot, this magnificent property offers breathtaking mountain views and an expansive living space exceeding 11,000 square feet, which includes a private guest casita and a separate guest house. Upon arrival, be greeted by a grand circular driveway, meticulously landscaped to perfection. Enter through the impressive front doors to be welcomed by stunning vistas of the resort-style backyard and pool. The covered patio, designed for exceptional entertaining, features an outdoor kitchen, extensive covered seating areas, and serene fountains that enhance the tranquil ambiance. The gourmet kitchen is an entertainer's dream, while the elegant dining room, complete with a private bar and wine cellar, exudes sophistication. The living room features another bar and seamlessly opens with a wall to wall pocket door to the resort-style backyard, creating a perfect blend of indoor and outdoor living. The luxurious primary suite boasts a thoughtfully designed split floor plan, two opulent closets, a private workout room or sitting area, extra storage, and exclusive patios. Guests will enjoy their stay in the private attached casita, which boasts a spacious living area and a full kitchen. For added privacy, the separate guest house offers additional luxurious accommodations apart from the main home. An oversized five-car garage, complete with a spacious recreation room, provides ample additional space. Indulge in the epitome of luxury living with this exquisite estate in Judson Estates.
42515 N 102nd Street Scottsdale, AZ 85262
$10,995,000
4
Beds
4.5
Baths
6,323
SqFt
Status
Active
MLS #
6750914
Property Type
Single Family Residence
Price Type
--
Sited in Desert Mountain's prestigious Saguaro Forest this 1st time on the market 2020 custom home comes with furnishings and a golf membership. This stunning single level soft contemporary masterpiece was designed by Architect Shelby Wilson and built by Manship Homes. The interior (Elizabeth Rosensteel) and exterior (CF Design) are intertwined creating organic modern elegance. This perfectly situated 2.49-acre home sits above Desert Mountains highest clubhouse and its 18th hole. Perched above the rooftops it's unobstructed vista showcases eastern sunrises to western sunsets with city lights in between. The beauty of this property elicits the same statement over and over again...''Wow this is the best view in Desert Mountain''. Step inside and your eye is immediately drawn through the interior courtyard to the jaw dropping 83' negative edge lap/play pool which seamlessly merges into the horizon. This indoor/outdoor sanctuary represents the pinnacle of carefully curated contemporary design (outstanding balance/flow, natural light, generous space and privacy). The premier location is enhanced with walkability to the Chiricahua Clubhouse and Constantino/Angelos's restaurants. Make this your home and drop yourself into instant paradise.
9333 E Happy Valley Road Scottsdale, AZ 85255
$10,950,000
11
Beds
12
Baths
11,995
SqFt
Status
Active
MLS #
6754976
Property Type
Single Family Residence
Price Type
--
This is a mini resort! This gated estate is perfect for those who value a luxury private estate with luxurious amenities, quality finishes and views. The current owner conceived and built the estate with gardens, terraces, balconies, pools, walkways, garages and amenities of grandeur that rival 5-star resorts while appealing to the car collector, equestrian lover, toy owner and entertainer alike. On just under 5 acres in the coveted zip code of 85255, this property frames Pinnacle Peak to the north and city lights and Camelback mountain to the south. In terms of accommodation, the main home offers two generous primary suites, 4 bedrooms ensuite, 2 bedroom with jack & jill bathroom, theater, office, grand dining room and wine cellar. The guest house feature a billiards room.... .. with a custom built-in bar (with a hidden door to a full-size server's kitchen), a theater with state-of-the-art technology, wine cellar, elevator, private office at entry, and grand dining room. A glass wall of pocket doors blends the inside and outside living space and expansive patio. The spectacular resort inspired outdoors feature mature lush landscape, misters, and putting green wrapped by a lazy river with in-pool lounge chair deck and 2 cabanas. Separate from the lazy river is an impressive pool and spa with swim-up bar, grotto, boulder water slide, splash pad and shallow pool perfect for pets or those who don't desire the depth of the pool. Enjoy food prep in the outdoor kitchen or cooking in the authentic pizza oven or smoker and invite friends to play volleyball in the full-size sand volleyball court. As a car collector, the owner built garages to house 12-14 vehicles which wrap around a paver motor court flanked by a 50' RV garage. The garage features a bar for entertaining, private bath and glass display doors to showcase his special treasures. This home also has an exquisite barn and turn-out for horses or livestock if you so desire. There are too many features to list, including a long list of recent mechanical updates. Showings by appointment only. We recommend at least 2 hours to view the estate. Your client can rest assured that this home will remain private to outsiders as only limited photos will be provided to the public.