Tax Reform & Housing: A Reference Guide

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Disclaimer: This guide is not meant to be a resource for tax advice but instead a resource for basic information concerning only certain aspects of the new tax code and how they may impact the real estate market. You should get tax advice from your accountant or tax preparer who will explain how the entire tax code will affect your personal return.This information comes immediately after the new tax code became law. Some of the information may be revised as the analysis of the new law evolves.

When the tax code was originally being overhauled by the House and the Senate, there were three major proposals being considered that would have substantially impacted the residential real estate market:

  • Changing the requirements for the exclusion of gain on the sale of a principal residence
  • The reduction on the limit of the Mortgage Interest Deduction (MID)
  • The elimination of the State and Local Tax deduction (SALT) which includes property taxes

Let’s look how the tax code has evolved from the original proposal, and decipher what impact experts believe it may have on the housing market.

1. Exclusion of gain on sale of a principal residence

Original Proposal: Owners would need to live in their house for at least 5 out of the last 8 years to claim this exemption. Under the former tax framework, a typical owner, who has lived in their house for at least 2 years out of the last 5 years, would pay nothing in capital gain taxes if they sell the house.

The New Tax Code: No change. The “at least 2 years out of the last 5 years” requirement is unchanged.

Impact on the Market: None.

2. Mortgage Interest Deduction

Original Proposal: Reduce the limit on the mortgage interest deduction (MID) amount from $1,000,000 to $500,000.

The New Tax Code: Reduces limit on deductible mortgage debt to $750,000 for new loans taken out after 12/14/17. Current loans up to $1 million are grandfathered.

Impact on the Market: Assuming a 20% down payment, this reduction in the MID will impact buyers that are purchasing a home between the prices of $938,000 and $1,250,000. Any home under the lower price is still covered and any home over the higher price was not covered under the former tax code either.

What does that mean to the market? Experts disagree. Calculated Risk’s Bill McBride:

“I think the impact of reducing the MID from a maximum of $1 million in mortgage debt to $750 thousand in mortgage debt will have very little impact on the housing market.”

On the other hand, Capital Economics claims:

“The impact on expensive homes could be detrimental, with a limit on the mortgage interest deduction raising taxes for those that itemize.”

3. State and Local Taxes (SALT)

Original Proposal: The elimination of the state and local tax deduction (which includes property taxes).

The New Tax Code: Allows an itemized deduction of up to $10,000 for the total of state and local property taxes and income or sales taxes.

Impact on the Market: Most experts agree that higher taxed regions will be impacted as homeowners in those communities now have a cap on these deductions.

Calculated Risk’s Bill McBride stated:

“SALT will have an impact on housing in some areas. Some people might choose to live in one state over another (if they have a choice), based on taxation. This could impact demand in certain states – especially for the middle and upper-middle class homeowners.”

Mark Zandi of Moody’s Analytics said:

“The impact on house prices is much greater for higher-priced homes, especially in parts of the country where incomes are higher and there are thus a disproportionate number of itemizers, and where homeowners have big mortgages and property tax bills.”

What will be the overall impact on the housing market?

For most of the country, the new tax code will not have a negative impact on the market. As Capital Economics reports:

“Given most households will see an overall tax cut, and potential buyers are likely to put that saving towards their home, we doubt it will have a significant detrimental impact on the housing market.”

There is also no doubt that some higher priced, higher taxed regions will be affected more than others. However, most experts agree that other portions of the tax code will favor the high-end buyer and seller, and this might mitigate many concerns. McBride explains:

“The corporate tax cuts (and other tax cuts) will mostly benefit the wealthy, and this will be a positive for high end real estate.”

What does this all mean to you?

To know for sure, you should sit with your accountant or financial planner and explore how all the aspects of the new code will impact your family.

Most families consider homeownership an essential part of the American Dream, and don’t purchase a home based solely on the tax advantages. The main reasons they buy a home are personal (they just got married, they are looking for a good place to raise children, they want to be near friends and family, they want to better enjoy their retirement, etc.). This will never change.

Looking at the new tax code, Mr. McBride’s opinion makes the most sense:

“There will be some negative impact based on SALT, but overall the impact of these policy changes on housing will be minimal.”

For more information, click here for a downloadable pamphlet.

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4820 E Perkinsville Road Seligman, AZ 86337

$42,000,000
5 Beds
3.5 Baths
5,737 SqFt
Status Active
MLS # 6776308
Property Type Single Family Residence
Price Type --
HISTORIC 'FORT ROCK RANCH' for sale in Seligman, AZ. Formerly the Buckman Stage Station, Fort Rock got its name after a battle in 1866 with the Hualapai Indians which was hard fought, and won, in the midst of the majestic rock formations surrounding the skirmish. Picturesque landscape is a feast for the eyes & soul. Breathtaking, panoramic views with widely varied topography. SEE AERIAL VIDEO in PHOTOS slide 2. Water abounds. 22 wells & multiple dirt tanks dot this 104,145 acre property. (52,677 deeded / 51,468 leased) Live water includes Meadow Lake, Upper Trout Creek, Fort Rock Creek, Tom Bacon Lake, Horse Lake & more w/ native species of fish. The Air Strip has been resurrected, with the first plane landing on site in over 30 years. EPIC! * Click 'MORE' for addt'l important details! * The iconic 'Fort', the home of the Ranch Foreman, was built in 1894 and still stands today in all its glory (3,660 sq ft). The main home, affectionately known as 'The Mellon House', was built in 1926 and is strategically located by Meadow Lake (5,737 sq ft). Several other structures house ranch employees. Bonus - secluded off grid cabin on the way to Trout Creek. Fort Rock is a working cattle ranch w/ apprx 600 head currently on the ranch. They are primarily black angus bulls w/ mostly black angus cross cows - but still some cross bred mix on the ranch. Cattle may convey with the right offer (954 AU's). 80+ acres of irrigated pasture possible. Ranching, hunting (elk, lion, deer) and other investment prospects abound. Fort Rock Ranch participates with the AZ Game and Fish Landowner Compact and enjoys a longstanding, mutually beneficial partnership. This is a rare opportunity to own a magnificent piece of western history.

5500 N Dromedary Road Phoenix, AZ 85018

$30,000,000
1 Bed
2.5 Baths
4,641 SqFt
Status Active
MLS # 6781148
Property Type Single Family Residence
Price Type --
Iconic Camelback Mountain Estate: A Once-in-a-Lifetime Opportunity. Perched on the side of the iconic Camelback Mountain, this extraordinary estate is a rare gem, offering a more than 180-degree view of the valley below, Camelback Mountain to the rear and is known for its storied history as the infamous ''Merry Christmas House,'' this property has been lovingly owned by the same family for decades and is now ready for its next chapter. Home was built in the 1970s, the original 4,661-square-foot residence exudes the timeless design influence of Frank Lloyd Wright, with its bold integration into the natural surroundings, expansive use of glass, and subtle stone accents that capture the essence of desert living. The home's organic architecture and stunning panoramic views create a tranquil, private sanctuary, while the layout offers a seamless blend of indoor and outdoor living. Set on a generous 23.66 acres, this remarkable property also boasts incredible potential for future development, with subdividable land offering the opportunity for up to 4 parcels. The possibilities are endless, from creating a family compound to building multiple luxury estates. Additionally, a potential floorplan and site plan designed by the renowned architect Mark Candelaria are available, allowing you to bring your vision to life. With its prime location, iconic status, and incredible potential, this estate is truly one of a kindan opportunity that will not come again. The property is privately gated, ensuring seclusion and security while being just moments away from the heart of the city. Whether you choose to preserve the legacy of the existing home or create something new, this is a once-in-a-lifetime chance to own a piece of history on one of Arizona's most sought-after mountain peaks. Don't miss out on this unparalleled opportunity.

2671 Highway 82 -- Patagonia, AZ 85624

$29,950,000
16 Beds
15 Baths
8,934 SqFt
Status Active
MLS # 6595615
Property Type Single Family Residence
Price Type --
This is your opportunity to own the historic Rail X Ranch, set against a landscape that is truly breathtaking! To the West are hypnotic sunsets and to the East is the Coronado National Forest with vistas that seem to go on forever. This is a rare chance to own a piece of Arizona's history. Located at 4,500 feet above sea level temperatures are generally 10 to 15 degrees cooler year-round than in nearby Tucson. This stunning 1739 Acre Ranch Estate features a main residence with casita totaling 11,398 square feet and containing 8 bedrooms, 9 full bath rooms and 3 half baths. The main house was Constructed in 1937 and is nestled in the foothills overlooking a tree lined pond and containing numerous patios and porches to enjoy both sunsets and sunrises. The property also has 2 additional homes for employees or managers as well as 3 apartments for employees or guests. The Ranch features a 1930s barn which serves as a workshop and storage area as well as a steel building which could easily converted to a horse barn. The main compound also includes a large office suite and conference room, the property has everything you need to work from home or to handle ranch operations on site. After decades without hunting, wildlife abounds at the Rail X Ranch, including deer, dove, quail, and even javelina. The birding is exceptional, with more than 260 species documented in the nearby Patagonia Sonoita Creek Preserve. Just South of town, there are myriad opportunities for fishing and boating at Patagonia Lake State Park; and the area is filled with wonderful opportunities for horseback riding and hiking. The Ranch has the added benefit of having an artesian well on the property with Water bubbling up and feeding a transportation ditch to deliver this precious resource throughout the ranch. Combined with 8 wells situated throughout the property the Ranch has a unique and valuable asset in its water resources. To complete the picture, The Rail X is also one of the few ranches in the area which has maintained ownership of the mineral rights for the property. This asset provides land security now and into the future. The Rail X Ranch is truly an iconic and unique part of Arizona's History and Heritage and provides a rustic setting yet with all of the upscale amenities to enjoy and cherish your living environment!

333 Schnebly Hill Road Sedona, AZ 86336

$29,899,900
8 Beds
9 Baths
13,591 SqFt
Status Active
MLS # 6784655
Property Type Single Family Residence
Price Type --
4 ACRES in Uptown Sedona! Don't miss out on the chance to own this iconic Sedona landmark in the heart of Sedona, just a few minutes walk from Tlaquepaque. Endless possibilities await with this versatile multi-use MASSIVE property with breathtaking views of the Red Rock...in the past, it was a spiritual Life Center, and at one time, there were plans to turn it into a resort. Comprising eight distinct parcels, this property features three adjacent lots along Oak Creek, two huge hillside lots and two individual residences, each accompanied by its own guest house. The larger residence is set on 3.1 acres, built in 2019 and features an unique UPDATED 900 sq ft casita where Elvis Presley worked out at in1967 while filming a Western in Sedona. The smaller residence is a gorgeous two-story cabin built in 1997 with 2230 sq. ft. and 805 sq. ft. guest house. Current zoning is RS-18 and OC (Oak Creek Heritage)

20958 N 112th Street Scottsdale, AZ 85255

$29,500,000
6 Beds
8 Baths
14,369 SqFt
Status Active
MLS # 6774989
Property Type Single Family Residence
Price Type --
This newly built Modern Mediterranean Estate has been uniquely crafted and perfectly designed to offer the ultimate luxury lifestyle. Nestled on nearly two acres in the prestigious Silverleaf Community and surrounded by uninterrupted panoramic city view- this home perfectly encapsulates everything to be a top- notch entertainment destination. The expert design of this Modern Mediterranean residence was a collaborative effort between Erik Peterson of PHX Architecture, interior designer Laura Kehoe, and custom builder Ted Reisdorf of Paragon Custom Homes. Built with the finest materials by top artisans in the valley, every detail exudes luxury. The grand great room seamlessly opens to the stunning outdoor space for the finest indoor/ outdoor living- made for the ultimate enjoyment of the perfect Arizona evenings. Accompanied by a gourmet kitchen with a separate catering kitchen, casual and formal dining areas, and an additional butler's pantry this home does not miss a single detail. The entertainment hub is thoughtfully designed, featuring a nightclub-inspired bar, billiards area, lounges, multi-game simulator, wine room, and a theater that seats 19. The private office leads to the opulent 2,000 sq ft owner's suite, complete with a sitting area, wet bar, and breathtaking city and mountain views. The suite boasts three custom-designed, boutique-style closets with private laundry, and a spa-like bathroom with dual vanities, a makeup station, a steam shower with multiple heads, and a soaking tub. The bathroom also has access to a private garden with a hot tub overlooking the valley. Guests will enjoy luxurious accommodations in the three full guest suites with their own family room or one of the two guest casitas. Offering a true luxury indoor-outdoor lifestyle, the entertaining spaces extend seamlessly to the multi-level outdoor areas, providing incredible views of mountains, sunsets, and city lights from every angle. The main level boasts a resort-style infinite pool, multiple sun-soaked and shaded patios, an outdoor kitchen, a lush grassy lawn, and two separate hot tubs- perfect for a lifestyle of relaxation and entertainment. Silverleaf is an exclusive, guard-gated community distinguished by its tree-lined streets, private parks, and some of the most exclusive homes in Arizona. At its heart lies the renowned Silverleaf Club, featuring a par-72 golf course designed by Tom Weiskopf, a stunning clubhouse, a luxurious spa, and an array of amenities that offer the ultimate desert resort lifestyle

10944 E Whistling Wind Way Scottsdale, AZ 85255

$29,500,000
8 Beds
11 Baths
15,378 SqFt
Status Active
MLS # 6803509
Property Type Single Family Residence
Price Type --
BUILT IN 2024, this elegant contemporary was built for a CAR COLLECTOR. It has 20 CAR GARAGES, 11 of which access directly to the main floor of the home plus it has a 9 car show garage w/ its own lounge! Sitting in Guard Gated SILVERLEAF and exclusive UPPER CANYON w/ spectacular views, it has 15,378 sf w/ 8 Bedrms 11 Baths including 2 fabulous Primary Bedrms, a 2 Bedrm 2 Bath Guest house w/ livingrm, 2 offices, a theatre, gym, sport court, golf simulator + cold plunge. Most of the home is ON THE MAIN FLOOR WITH NO STEPS- which includes the main primary bedrm + outside to the backyard, guest house and 11 garages! With beautiful attention to detail and craftsmanship this home is the epitome of luxury and cutting edge design. Furniture available for $2.5million by separate bill of sale. This exquisite home was designed by renowned architect Bing Hu and beautifully constructed by Creative Design/Build. This showroom space with lounge can also be used for a bowling alley, recreational sports, recording studio, crafts, wine collection, etc!

5815 N Saguaro Road Paradise Valley, AZ 85253

$28,900,000
15 Beds
16 Baths
22,000 SqFt
Status Active
MLS # 6792458
Property Type Single Family Residence
Price Type --
In the most prestigious neighborhood, in the most prestigious town in Arizona, sits an exquisite 9.14 acre multi-residence compound like no other. This is the largest available non-hillside, fully landscaped, flat estate in Paradise Valley. More information available!

5648 N Superstition Lane Unit 5 Paradise Valley, AZ 85253

$25,000,000
3 Beds
3.5 Baths
7,870 SqFt
Status Active
MLS # 6816722
Property Type Single Family Residence
Price Type --
This is more than a home; it's an award-winning SAOTA design, an embodiment of lifestyle and artistry that embraces the unique character of Paradise Valley. Every detail has been curated to elevate the living experience, blending luxury with a profound respect for the surrounding environment. The use of monolithic forms, natural stone, and expansive glass ensures the home harmonizes with its desert surroundings, while also providing state-of-the-art energy efficiency. The architecture serves as both a statement and a sanctuary—a rare balance in luxury real estate. From sunrise to sunset, this ultra-premium location within the Sanctuary at Camelback Mountain maximizes Paradise Valley views and showcases the ever-evolving colors of our majestic Arizona landscape. Whether you're hosting a gathering in the open living spaces or enjoying a quiet evening on the rooftop terrace, every moment is framed by the breathtaking vistas of Camelback Mountain, notably the 'Praying Monk' and the serene valley below. While hillside, the flat building envelope for this particular lot allows for a large amount of buildable space on this near acre PV parcel. This residence is more than a masterpiece of architecture; it's a testament to what's possible when contemporary design meets nature's majesty. For those seeking an extraordinary property that redefines modern desert living, this is not just a homeit's a legacy.

Xxxx E Mockingbird Lane Paradise Valley, AZ 85253

$25,000,000 - 6Br/8Ba -  for Sale in Mummy Mountain Estates 1-8 Trs A & B, Paradise Valley
New
$25,000,000
6 Beds
8 Baths
14,344 SqFt
Status Active
MLS # 6810096
Property Type Single Family Residence
Price Type --
Welcome to a truly one of a kind property in Paradise Valley, the likes of which cannot be built but must be cultivated. A magical place where wanderlust has found its resting place, where wonder met opportunity and where landscaping has become an artistic expression. On five transformative acres, there is beauty around every bend, and abundant tranquility at every breath. Ancient materials and antique metalwork have been sourced and curated from around the world to create a conduit for the living acreage consisting of multiple coy ponds, a bubbling stream that meanders the property, antique green house, entertainers cantina, numerous lawns and private gardens and the terraced swimming pool which is a spectacle of its own. Find solace in the flowered paths that sing with the sounds of nature, a true escape in the heart of the desert. Complementing the world class exterior is the meticulously reimagined interior, the result of a multi-year restoration by one of Paradise Valley's generational art authorities. Entering the home is a dramatic experience as you walk into the grand foyer with 30 foot ceilings and expansive picture windows. The kitchen was masterfully renovated with new cabinetry, countertops, lighting, premium appliances, and fixtures. Each bathroom has received a complete overhaul with stunning detail and luxurious natural stone finishes. Every inch of wall has been restored with premium venetian plaster, enhanced with rich color to accentuate each individual room and its unique character. Gorgeous large plank wood flooring adorns each bedroom and key areas of the home while maintaining the integrity of the double adobe structure. The primary wing is a true retreat with private balcony, stunning ceiling detail, renovated primary bath with two large custom-built closets. Along with five en-suite bedrooms, eight bathrooms and the guest casita, the home includes an office, four walk out decks with breathtaking views, family room with fireplace, media room/game room and hobby room/bar/ballroom. This home must be experienced to understand its magic. SEE THE MOTION VIDEO

20646 N 112th Street Scottsdale, AZ 85255

$25,000,000
6 Beds
8 Baths
12,774 SqFt
Status Active
MLS # 6813529
Property Type Single Family Residence
Price Type --
Privately gated within Silverleaf's Upper Canyon sits this immaculate custom estate by PHX Architecture and Ownby Design. Spanning nearly 4.5 acres, the home offers rare large turf yard, mountain views, soaring ceilings, rich wood floors, bookend marble, private theatre and six spacious en suite bedrooms all with walk ins. Open-concept kitchen, dining, and living areas seamlessly integrate with AZ's signature indoor/outdoor lifestyle. Chef's kitchen with by a full back kitchen including multiple ovens. Glass sliders open to a covered porch with sun screens, misters, heaters and a built-in BBQ, perfect for year-round gatherings and al fresco dining. The luxurious entry floor primary suite is a sanctuary, featuring custom his-and-her closets, an oversized bath & sauna/ cold plunge. and a private backyard patio. Additional spaces include an exercise room, a dedicated theater, an office, and a kids' rec/game room. The exterior features a resort-style pool and spa, complemented by a pool house bath. A six-car garage offers plenty of space for your collection of vehicles. Located near the renowned Silverleaf and DC Ranch Country Clubs, and just moments from Scottsdale's top dining, shopping, and resort destinations, this home offers unparalleled luxury and convenience in one of Arizona's most coveted communities.

10739 E Diamond Rim Drive Scottsdale, AZ 85255

$25,000,000
5 Beds
7.5 Baths
12,128 SqFt
Status Active
MLS # 6788651
Property Type Single Family Residence
Price Type --
Set in the exclusive Horseshoe Canyon of Silverleaf, The Lumière is a stunning 12,128 SF estate that redefines modern Mediterranean luxury. Constructed by Salcito Custom Homes and Salcito Design Group, this estate has just been completed. Spanning 3.67 acres of elevated desert landscape, it offers unparalleled privacy, breathtaking views and the ultimate in refined living. The Lumière, is without a doubt, a modern Mediterranean masterpiece. Upon arrival an automated gate opens to a winding paver driveway, leading to a striking French-inspired harlequin-patterned motor court, seamlessly blending artistry and function. Designed for gracious entertaining, the estate features five bedrooms, five full baths, two powder rooms, a dedicated pool bath, a private office and versatile flex spaces. The garages, discreetly positioned, can accommodate 8 to 16 vehicles. The timeless architecture captivates with its stone accents, wrought iron detailing, and French-style gardens designed by Berghoff Design Group. Limestone paver patios, luxury turf insets, and a bubbling fountain set a sophisticated tone. Twelve-foot glass and steel entry doors frame uninterrupted views of the McDowell Mountains, Silverleaf golf course, and city lights, offering a spectacular arrival experience. Inside, light-filled interiors feature Calacatta Carrara marble floors in a subtle harlequin pattern, soaring 17' ceilings, and exquisite French oak hardwood flowing throughout. The great room is anchored by a custom designed limestone fireplace and illuminated by radiant tiered crystalline chandeliers. The chef's kitchen is a showpiece, boasting dual islands with Taj Mahal quartzite countertops, handcrafted cabinetry, and cutting-edge appliances from Bertazzoni, SubZero, and Miele. A hidden bar, motorized pass-through window bar, and a fully equipped back kitchen elevate both functionality and style. Adjacent to the kitchen, an eight-sided family lounge with floor-to-ceiling windows offers panoramic desert views and direct access to the outdoor kitchen, where quartzite countertops and weatherproof cabinetry seamlessly integrate indoor and outdoor living. A private foyer in the owner's suite leads a two-sided marble fireplace, connecting the bedroom to a tranquil sitting area overlooking the pool. The spa-inspired bath features a Calacatta marble shower, a freestanding porcelain soaking tub, artisan-crafted custom cabinetry, and dual wardrobes. A boutique-inspired shoe and purse pavilion with soaring 16' ceilings is bathed in natural light, framing stunning mountain views. The suite also includes a private gym and morning bar. Seamless indoor-outdoor living defines this home. Vanishing glass doors in the great room open to an expansive outdoor oasis. A resort-style infinity-edge pool, Cabo shelf, fully glass-tiled spa, and ramada with a fireplace create the ultimate retreat. A powder bath and a dedicated room for storing outdoor furniture cushions add convenience. The formal dining room is paired with a wine room that overlooks the front gardens, while two main-level guest suites provide privacy - one with access to the gardens, the other with its own balcony. The upper level, accessible by an elegantly curved French oak staircase or private elevator, features a sophisticated sunset lounge with bronzed cabinetry, kitchen amenities and breathtaking views. The second primary suite on this level includes a marble fireplace, wrought-iron balcony, spacious wardrobe, and a spa-like bath with soaking tub and walk-in shower. A second laundry room ensures convenience. The lower level offers a luxurious guest suite, a study or flex room with custom cabinetry, and direct access to a versatile rare flat yard enclosed by wrought iron railings. A bright, well-lit room off the garage offers picturesque mountain views and is perfect for dog grooming, an artist's studio, or a greenhouse. Equipped with a tiled bathing area, a mini-split system, and EV charger wiring, this space is both practical and flexible. Cutting-edge technology elevates the estate to meet modern demands. Smart home systems control lighting, climate, and security, while Lutron automated blinds and integrated audio-visual systems ensure comfort and convenience. The Lumière stands as the only new home available in Horseshoe Canyon, one of 24 exclusive custom homesites in Silverleaf. Nestled in the heart of North Scottsdale, this 2,000-acre private community offers a compelling lifestyle. Residents enjoy access to a Tom Weiskopf-designed championship golf course, a 50,000 SF clubhouse with spa facilities, resort pools, and exceptional dining options. Surrounded by the McDowell Sonoran Preserve, Silverleaf combines natural desert beauty with world-class amenities, making it the pinnacle of luxury living.

21137 N 102nd Street Scottsdale, AZ 85255

$24,895,000
5 Beds
6.5 Baths
11,362 SqFt
Status Active
MLS # 6769470
Property Type Single Family Residence
Price Type --
Vistaero is a one of a kind estate, located on a five-acre hillside lot, within the prestigious Silverleaf community of North Scottsdale, offering an extraordinary blend of luxury, refined design, and breathtaking natural beauty. Designed by renowned Silverleaf pairing of architect Scott Carson & interiors by Kristin Hazen, and built seamlessly into its mountainside surroundings, the Modern Mediterranean Estate spans 11,362 square feet, containing five en-suite bedrooms + three half bathrooms, harmonising perfectly with its mountain backdrop offering panoramic views & Arizona sunsets. A private driveway winds its way to an expansive garage, designed to house between eight to sixteen vehicles—perfect for the car enthusiast seeking a blend of function & grandeur. Est completion fall 2025 Carved into the mountainside off the garage, a lower level owner's entrance provides private access to the home. A striking three-story circular staircase and an elevator connect all levels of the estate. On the same level areas have been set aside for an indoor golf driving simulator, state-of-the-art movie theater, and a dedicated Man Cave for billiards, poker, or simply unwinding with friends. Every room on the main level offers stunning views of the Arizona desert and its vibrant sunsets. A formal dining room leads to a Galleried Great Room and Kitchen opening onto the estate's covered outdoor patio, anchored by a spectacular negative-edge pool that runs parallel to the home, transitioning between the property and the sweeping landscape beyond. The Owner's Suite, located on the north side of the home, is an exceptional private retreat offering panoramic views on three sides, with an intimate desert side bathroom, two toilet rooms and two large and luxuriously appointed closets. The suite's patio overlooks the pool, while a bridge connects directly to the main outdoor living area. A second-floor office with pool and West Valley views provides an ideal private workspace, ensuring that luxury extends to every corner of this estate. A further hallway connects to a secret wine cave, adding a touch of old-world charm, awaiting for your finest vintages, and an exquisite guest suite with its own entrance and three parking or covered entertainment spaces. The upper level, accessible by the grand staircase or elevator, includes three additional bedrooms, each offering spectacular views. A gallery overlooks the Great Room, and a large outdoor patio invites even more opportunities to enjoy the stunning surroundings. This level also features a further office, a family room, and an exercise room with direct access to the mountainside. The exercise area includes a unique open-air patio, designed with a secure space for small pets to exercise alongside you while being protected from desert wildlife. Vistaero is nestled within the exclusive, guard-gated Silverleaf community, a destination known for its elegant blend of Spanish and Mediterranean-inspired architecture, lush landscapes, and world-class amenities, including a Tom Weiskopf-designed golf course. Silverleaf offers the perfect balance of luxury living and the natural beauty of the Arizona desert. The Estate is mid-construction, with all groundwork and framing completed. Its anticipated completion date is early fall 2025. This exceptional property is not just a residence but an embodiment of the Silverleaf lifestyle, where privacy, luxury, and natural beauty converge.

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