What’s Ahead For Mortgage Rates This Week – January 30, 2017

Luxurious Paradise Valley Estate - Entertainer's Paradise! Welcome to your dream oasis in Paradise Valley, where luxury and sophistication meet unparalleled comfort and entertainment. This custom-built home boasts 6 bedrooms plus, 6 baths and over 9200 square feet of opulent living space. Nestled on over an acre this palm tree estate features lush grounds and several stunning fountains. As you enter through your private gates, you're greeted by a grand motor court leading to the exquisite, handcrafted entry doors. Step into the expansive 1200 square foot great room with LED backlit coffered ceilings, featuring 30 feet of retractable glass doors that seamlessly merge indoor and outdoor living. A private beach and lagoon pool await, surrounded by lush tropical gardens, a tucked away spa for privacy, a circular fire pit, an outdoor BBQ area, and a large outside dining area perfect for hosting unforgettable gatherings. With extensive use of travertine, stone, and marble, along with meticulous attention to detail, this estate epitomizes the epitome of luxury living. From the old-world dining room with fireplace to the private office with a reading garden, every corner of this home exudes elegance and charm. Designed for both casual and formal entertaining, this estate boasts a 12-seat home theater with a new Sony 4K 70mm high definition projection system, Savant/ Apple TV controls and an advanced Dolby Atmos 11.2 surround sound system, a chef's kitchen with Viking appliances and an expansive master suite complete with a salon and kitchenette. The wine enthusiasts will indulge in the expansive 1080-bottle wine cellar. And don't miss the mountain views from the second story deck! Car lovers will delight in the air conditioned 2200 square foot fire rated garage with RV space, capable of housing 8 cars (16 with lifts), making it a true collector's dream. This space offers numerous possibilities and currently offers an indoor pickle ball court as well as plenty of area to practice your jump shot. Don't miss the opportunity to own this one-of-a-kind Paradise Valley estate that offers a lifestyle of unparalleled luxury!

Experience architectural brilliance on a signature lot in Legend Canyon, a prestigious gated enclave of just nine homesites. This timeless masterpiece was designed by Architect Bing Hu. The interiors were curated by Janet Brooks, and inspired by San Miguel de Allende, in Mexico. Gracing a vast 3.39 acre parcel, it offers breathtaking views of Pinnacle Peak, the McDowell Mountains, and twinkling city lights beyond. With a gourmet kitchen, hand-painted Italian tiles, and an esteemed office, the residence exudes opulence, easy living, and master craftsmanship. The great room overlooks the generous outdoor living spaces and dramatic Pinnacle Peak views, perfect for alfresco dining and year-round entertainment. Each bedroom boasts a dedicated patio, blending See its MOTION VIDEO indoor-outdoor living seamlessly. A must see detached Guest Home; this hacienda offers an unparalleled sense of livability and comfort, all while being set among tranquil and unforgettable backdrop views.

This privately gated 9,607sf home presents an exceptional living experience. Its timeless interior features modern finishes, lux textures & expansive spaces, harmonized by the 7,000sf of French oak wide plank wood floors. The kitchen is equipped with state-of-the-art appliances, a spacious island for your culinary endeavors, and a stylish enclosed glass-walled 200+ bottle wine cellar. The main house has a 4-car garage, four ensuite bedrooms, two dens, a game room and a media room that seamlessly embraces your Arizona outdoor living. The guesthouse offers a private retreat and the stand-alone building with a studio apartment includes an air conditioned 2-car garage and a 4-car garage, perfect for the collector. Located in Merit Crossing on 3.8 acres with views of Pinnacle Peak Mountain. Architectural renderings for a future toy barn for the detached garage and studio are available on-site. Those yearning for a seamless transition into luxury living will appreciate the thoughtfully curated list of furnishings available on a separate Bill of Sale, ensuring a memorable turnkey experience. Upgrades: Concrete Tile Roof (2020) Painted- Exterior & Interior (2020) Two tankless water heaters (2020) HVAC (total-9) o

Spectacular, golf course fronting, 6,297 square-foot, two-year-old, Contemporary-styled ultra-high-end, great room plan home with excellent golf and nearby mountain views, offered in prestigious Desert Mountain, in north Scottsdale, AZ. Desert Mountain is a mature, guard-gated, thirty-eight-year-old golf and outdoor recreation-oriented development set in the foothills of the Continental Mountains north of Phoenix with the private Desert Mountain Club a central attraction. Membership to the Club is by application, and the seller's sought after full privilege Golf Membership is available to the home's purchaser via a separate transaction with the Club, avoiding a long waitlist (see below for important details). This home, in the newest Desert Mountain village known as ''Seven'', is within easy walking distance of one of the Club's eight clubhouses, and the first tee of one of its seven golf courses. This one is an eighteen-hole, par-54 course (rated for handicap purposes) that is easy to walk. The dining venue at the Seven Clubhouse is an indoor/outdoor affair with a very casual atmosphere. Sort of a sports bar atmosphere and lively all the time, especially since it has a couple of excellent bocce courts, a very well-supported activity in Desert Mountain. The home was built by very highly regarded regional builder, Cullum Homes, known for durability and high-quality workmanship, appliances, systems, materials and finishes, not to mention forward-thinking design. These original owners selected what may be the premier site in Seven, with a larger yard, only one neighbor, and most importantly, protected, wonderful permanent, northerly views of the Continental Mountains, just four miles away, across the thirteenth hole of the Club's Renegade Golf Course. Cart path traffic is hard to hear at a distance of about eighty yards, and being on the thirteenth hole means golfers will be well past the home at twilight, helping ensure a very peaceful environment at that time of day. The home features four bedrooms, an office, a three-car garage with storage, and exceptional outdoor relaxation and entertainment areas. No expense was spared as the owners, long-time Desert Mountain owners and Club members, completed their dream home with over $1.2 million spent on upgrades, which you'll note from the jaw-dropping countertop stone selections, textured backsplashes, to hand selected custom fixtures and lighting. The home is particularly well-suited to the display of art, hanging or otherwise. The floor plan was customized to maximize the views and the setting. Walls of glass line the great room, bringing the outdoors inside and providing a picturesque scene from the kitchen, living, and dining areas. With a northerly exposure, you never have to worry about having to control harsh direct sunlight, and the amount of light coming into the home means a good balance between interior and outdoor light levels. The upstairs was expanded and converted to a spacious lounge with a full rooftop view deck. More on these later as we take the tour. Now let's take the guided tour! Approaching the home, follow the entryway path beyond the pristine, low-maintenance desert landscaping. Step through the secured courtyard gate, and the stunning mountain views will immediately take stage. Inside, the home begins with the great room, where tall, gently sloping ceilings create a grand yet comfortable space. The gas fireplace surrounded by natural stacked stone provides a gorgeous accent wall, and the wet bar with icemaker and lighted 200+ wine cellar make this the perfect setting for a dinner party. The open kitchen features eye-catching quartzite countertops topping neutral shaker cabinets custom built by Distinctive Cabinetry. A complete gourmet appliance package includes two Wolf ovens, combo microwave/convection oven, gas range, dishwasher, and Miele coffee maker, along with 72 refrigerator plus two additional refrigerator drawers in the island. There is plenty of storage in the abundant cabinet space, along with the 108sf pantry. The dining room has two full walls of windows; imagine the ambiance of al fresco dining in the comfort of your own home! The spaciousness of the great room continues in the primary bedroom, with full-length windows and glass sliding glass door framing the golf course and mountain views, clerestory windows for natural light, and a floor-to-ceiling fireplace. The primary bathroom exudes both luxury and tranquility, with His 'N Hers floating vanities, topped by the same beautiful quartzite countertops found in the kitchen, which you'll also find as the bench in the walk-in shower. The massive walk-in closet is intelligently laid out, providing the option for His 'N Her sections, but without a definite division, allowing for flexibility. Here you'll also find a secret passthrough to the laundry room, which is extremely convenient! Even the laundry room is upgraded, with a full wall of cabinets, extra refrigerator, sink area with tile backsplash, and access to the side yard with enclosed fencing for your pets. The main level features two large guest suites tucked away, providing privacy for your guests. Each suite contains an attractively upgraded ensuite bathroom and a walk-in closet. There is also an impressively styled half bathroom for dinner guests. Use either the elevator or the wide staircase to head upstairs. At the top of which, you'll find a space completely reimagined during construction to provide an unforgettable entertaining experience. Big-screen television, plenty of room for guests to sit or mingle. A full bar, where underlit onyx countertops will attract your attention. Icemaker, wine fridge, and two refrigerator drawers. Architecturally interesting ceilings give this space a fun twist, and double-sliding doors capture those soothing mountain views, while providing access to the rooftop deck overlooking the golf course. Completing the upstairs space, don't miss the office with extensive built-ins, an additional half bathroom, and another guest suite with full ensuite bathroom and walk-in closet. And last but certainly not least, the backyard! Step through the living room's full-wall sliding glass doors to the spacious patio. Here you'll find more than enough space for both seating and dining areas, topped by a ceiling fan and two built-in heaters, making this a comfortable retreat any time of year. Just outside the patio is the built-in BBQ with large countertop prep space, plus storage and lighting. Take a dip in the infinity edge pool, relax in the hot tub, or pull up a chaise lounge on the pool's large Baja step to take in some sun. As evening approaches, have a seat by the firepit and watch the magic as sunset turns the mountains from purple to fiery pink, followed by the starry night sky. This idyllic scene can be yours to enjoy every day! More on the Club membership... The separate transaction mentioned above involves paying the Club an initiation fee (currently $200,000 for the full Golf Membership). Please note that some level of club membership is required for all homeowners in Seven. Call the Club for details. All memberships include access to all the Clubhouses, including: the Sonoran Clubhouse (featuring premier quality swimming, tennis, fitness (equipment, classes, personal trainers, yoga, etc., pickleball, bocce, spa, and croquet), and all ten dining venues. Golf Members alone have full access to all seven courses and four practice ranges. Property owners have access to the amazing Bark Park (essentially a country club for dogs) and the over twenty miles of wonderful hiking/biking trails in the mountains at the back of the property. Considerable recent and ongoing investment is keeping Club facilities state-of-the-art, funded out of general funds, not through assessments. How close is it to what you want and need? Five minutes to excellent shopping and nightlife in Carefree and Cave Creek. Thirty minutes to Scottsdale Airpark, or less than an hour to Phoenix Sky Harbor Airport. Two hours to Flagstaff (snow skiing), or continue north to the Grand Canyon or Lake Powell. Four and half hours to Las Vegas, six to Newport Beach. Desert Mountain is an 8,200 acre, gated, master-planned community with about 2,000 homes and about 200 homesites yet to be built upon. It is in a noticeably quiet, serene, safe (manned entry gates; security patrols), secure and beautiful location, spread east to west across the foothills of the Continental Mountains in the High Sonoran Desert on the northern edge of Scottsdale, with homes at elevations ranging from 2,600' to 3,500' ASL. The Tonto National Forest (fourth largest in the country), borders the community to the north. Desert Mountain has enjoyed significant success over the years. Buyers have come from all states and worldwide, but especially from California, Colorado, Oregon, Washington and the Upper Midwest. Most owners are Club Members, and virtually all of them seem to have made socializing and having fun a key priority. Another positive is real estate taxes strikingly lower than many places in the Northeast, Midwest, or West Coast. (2023 taxes on this home were only $7,548). Demand for homes has remained strong. Desert Mountain's weather is famously dry and sunny. Our risk of natural disasters is extremely low. Being higher and somewhat removed from the city means the stars are bright at night, the air typically much cleaner, and the daytime high temperatures can be about ten degrees cooler than the Valley floor, every day of the year. Summers are very enjoyable since it only gets over 100 degrees only about ten or twelve days a year here, compared to ninety days at Phoenix Sky Harbor Airport, with low humidity. At night in the summer, the temperatures drop fifteen to twenty degrees, a significant difference from life on the Valley floor. You would be amazed how comfortable 95 degrees is at night or in the shade. So, being in Desert Mountain on a year 'round basis is an attractive proposition. In addition to the foregoing, the owner of this home will be close to major league and collegiate sports, fabulous medical care (including the Mayo Clinic and hospital), terrific air service, and a wide variety of cultural attractions. Paradise does not overstate what Desert Mountain is for the people who get to live here. Thanks for your time. If this home and Desert Mountain sound like a possible fit for you, come take a look!

A striking desert contemporary from Temac Development and Candelaria Design Associates - Situated on 2.5 Acres, this modern estate boasts some of the best views in the area with privacy and seclusion. Unobstructed views of Pinnacle Peak, Troon Mountain, and Troon Country Club, all with the freedom of no HOA. Nearby world-class Four Seasons Resort Scottsdale. Your inquiry to this iconic estate is welcomed.

Serene mountain view, 1-yr-old modern estate masterpiece - NO HOA FEES. Resort backyard; 3 gas fireplaces plus Firepit; Private Pool & Spa; Exquisite Waterfall. Unsurpassed architectural design; 12 and 16 foot ceilings; gorgeous flooring; 30-ft wide glass pocket patio doors (remote); with expansive smart-home automation including sophisticated security and sound/audio hub; superb one-touch light diming, high resolution music stream, remote pool control, home temperature control, and security system controls. Gourmet Kitchen with up-to-the-minute luxury auto-close acrylic cabinet doors and lighting. Large, lavish Mstr Ste with separate vanities, exotic shower, soaking tub, plus dual toilet rooms. Every detail precisely engineered to cater to your optimal/harmonious ''LUXURY LIVING COMFORT Stunning MUST SEE Carefree AZ Black Mountain view Estate. Exotic wall tile - FP and baths. Many exquisite features curated in expansive Smart Home Automation System; electric remote-equipped 30-ft wide glass pocket patio doors; remote smartphone pool control and more. Miele and Bosh appliances including luxurious full-height wine cooler (with slide-outs). Butler Pantry also boasting of auto-close acrylic cabinet doors and lighting. Expansive covered patio with Gas Fireplace, Firepit, Private Pool & Spa, plus cool limestone installation - perfect for Arizona weather. Super-sized 4-car garage (1720 SqFt) with high ceilings and high overhead doors, epoxy floors, including a bathroom with large sink (great for pet bathing, too). Garage can accommodate up to eight (8) vehicles in tandem.

Privately gated generational resort home directly opposite the prestigious new Ritz-Carlton & Palmeraie shopping and dining district, but with all the reasons people are flocking to Paradise Valley from all over the globe: Spacious acreage with custom distinctive architecture, assuring privacy and differentiation from neighboring parcels. Adding to this true walkability to the finest shopping and dining district that will exist in the Americas. This luxurious privately gated estate, boasting a main house just under 5,000 square feet, complemented by three poolside casitas, bringing the total living space to 6,655 square feet when fully occupied. Perfect for multi-generational or long-term guests, providing both cohesion and privacy for a multi-generational living experience. This custom built 2017 privately gated estate is MODERN AND BRIGHT, with no steps, no HOA, Fully manicured resort pool with large roll in ramped Baja beach entry and covered gazebo outdoor kitchen. As you approach the property, grand motorized gates open to a captivating GRAND ENTRY. A beautifully paved circular drive, lush green turf, and a RECEPTION COURTYARD with fireplace set the stage for passed hors d'oeuvres and cocktails with clear views of Camelback Mountain. The large circular paved driveway provides access to garages on both sides of the home for 5 cars garaged and space for twenty or more guest vehicles. Grand front steel and glass door opens to views of pool water features through the retractable 10 foot high wall of glass providing a seamless transition from open great room living to extensive covered patios creating true outside Arizona living. Richly detailed, timeless architecture with transitional styling, hand carved moldings, Dramatic Coffered Ceilings and rich craftsmanship. Outdoors features Gourmet Kitchen, Entertainer's pool deck with Baja beach entry, flanked by poolside Gazebo featuring 8-person high-top granite island adjacent outdoor kitchen with grill, frig, sink, warming drawer, built in speakers and A/V electrical hookup. The Primary Owner's wing is thoughtfully designed with a split layout, accompanied by its own private side-entry garage. The guest wing offers an additional garage and an indoor ''Costco-style'' bulk supply room for added convenience. Recent upgrades include new underground plumbing and various improvements, ensuring a modern and efficient living experience. The interior features a Dining Room and a spacious Office to either side of the Foyer, each with double doors leading to the courtyard. Additional highlights include a Game Room, Formal Dining area, Butler Pantry with Wine Closet, expansive laundry room, separate outdoor pool bath, and walk-in closets with luxurious wood organizers in all bedroom walk-in closets. The property also boasts an audio equipment room (equipment conveys). Outdoor enthusiasts will appreciate the dazzling heated pool with a large Baja shelf, gazebo, and an outdoor kitchen with a granite 8-seat island, A/V hookups for TV, and stunning views of Mummy Mountain. The estate's ample grounds extend to the west, offering additional land with an RV Gate and mature citrus trees. This space can be utilized for an additional garage, sports court, or pickleball court. Moreover, the convenience of walking to the new Ritz, set to open in 2024-2025, adds an extra layer of luxury to this already impressive property. The Ritz Villas and custom homes in progress nearby promise a vibrant community atmosphere, with one corner of the 110-acre site dedicated to the Scottsdale Palmeraie ''the most anticipated experiential shopping, dining, and living destination in North America.'' Embrace the epitome of upscale living in this extraordinary estate.

AUCTION: BID SEPTEMBER 27-OCTOBER 17. Listed for $5.9M. Starting Bids Expected Between $2M-$4M, no reserve. The pinnacle of desert luxury awaits. Thoughtfully designed to blend into the beauty of the landscape that surrounds it, The Chiricahua Estate enjoys expansive views of the iconic Sonoran Desert, endless city lights, colorful sunsets, and sits above 18th green of the Chiricahua Golf Course. Abundant windows and French doors connect the common areas with the terrace for the ultimate indoor-outdoor lifestyle. The interior spaces flex from formal and distinctive to casual and inviting. Surrounded by gorgeous native plants and shade-giving trees, the estate's primary terrace begs to be shown off. Invite guests for a refreshing swim or hot tub soak before sunset happy hour... and a gourmet meal under the stars. At night, The Chiricahua Estate offers a truly spectacular view of the night sky and Scottsdale's glittering skyline. Enjoy a glass from the cellar by the fire, or relax in the serene primary suite with a balcony for two, a perfect spot to take in the clear desert air, bright blue skies, and the striking Saguaros below. Available Golf Membership.

Chic single level contemporary new build completed in 2023 in Carefree on Black Mountain! Nestled on a sprawling mountainside estate spanning 1.6 acres, offering breathtaking vistas of Black Mountain, Boulders Resorts golf courses, and beyond. This architectural gem is a testament to modern luxury living, meticulously crafted with unparalleled attention to detail. Upon entry, you are met with great room, featuring soaring 16-foot ceilings, expansive 30-foot wide glass pocket doors, and a sleek modern fireplace adorned with porcelain slabs. Floor-to-ceiling 10-foot glass walls frame the awe-inspiring views, seamlessly blending the indoors with the natural splendor outside. The European-inspired kitchen is a culinary enthusiast's dream, showcasing a over 15-foot long island finished with luxurious Taj Mahal quartzite, Miele appliances, and a spacious breakfast nook enveloped by sliding glass doors. For added convenience, a full prep/catering kitchen awaits. Step outside to the sprawling 14-foot high ceiling covered patio, featuring limestone floors and a misting system, creating an outdoor oasis to unwind, entertain, and revel in the panoramic views of the valley and city lights. The focal point of the backyard is the exquisite custom negative edge pool and spa, perfect for relaxation and rejuvenation. Retreat to the sumptuous primary suite, complete with dual custom closets and a spa-like bathroom featuring dual water closets, freestanding tub, marble floor and wall surrounds, and a steam shower. Additional rooms include an expansive office with custom bookshelves and a private patio, along with a versatile flex space ideal for a gym, game room, or additional bedroom, offer flexibility to suit your lifestyle. Two spacious ensuite guest rooms complete the guest wing! Designed for modern living, this home boasts a Creston smart home system, allowing for effortless control of lighting, music, HVAC, pool, shades, and security with a simple touch. A 4-car garage with oversized doors, a spacious laundry room with double washer and dryer, and lush turf grass area add to the convenience and allure of this remarkable property. Welcome home!

Introducing an exceptional Mediterranean-inspired residence by Tom Archer, ideally positioned on nearly an acre overlooking the 11th fairway of DC Ranch Golf Club, with the majestic McDowell Mountains as a picturesque backdrop. Through the stone archway entrance, discover a home defined by unparallelled craftsmanship, boasting natural stone, reclaimed wood flooring, and floor to ceiling Venetian plaster walls, creating an atmosphere of timeless luxury. The gourmet kitchen, featuring Wolf/Subzero appliances, pot-filler, spacious walk-in pantry and plenty of storage, seamlessly connects to both a formal dining room and a charming breakfast room. This distinguished home offers five en-suite bedrooms, each with large custom walk-in closets and private patios offering breathtaking vistas .. of mountains, golf course greens, or city lights. Step outside to the meticulously designed outdoor living area, complete with a refreshing pebble tech pool/spa, built-in BBQ, synthetic grass, and a grand gas fireplace, all perfectly poised for outdoor entertainment against a stunning backdrop. Experience the epitome of Arizona living in this remarkable retreat, where every detail exudes elegance and sophistication. Experience true luxury living in this exceptional retreat.

SINGLE LEVEL 4,712 SQ FT CUSTOM CULLUM HOMES BUILT HOME! READY FOR MOVE IN OCTOBER OF THIS YEAR! ENTRY THROUGH THE PRIVATE COURTYARD LEADS YOU TO THE FRONT DOOR/WALL OF GLASS. THE CHEFS KITCHEN WITH SUB ZERO/WOLF APPLIANCES, CUSTOM CABINETRY, QUARTZ COUNTERS AND PANTRY WRAPPED IN STONE ALL OVERLOOK THE ENTERTAINING GREAT ROOM WITH AN ENORMOUS CONTEMPORARY FIREPLACE WALL WITH FLOOR TO CEILING STONE, DINING ROOM AND FULL WET BAR AND WINE STORAGE. THE VIEW OUT THROUGH THE FLOOR TO CEILING WINDOWS TO THE POOL AND MOUNTAINS IN THE DISTANCE IS PEACEFUL. THE SPLIT FLOOR PLAN WITH THE PRIMARY BEDROOM AND OVER SIZED PRIMARY BATH IS IMPRESSIVE. THE FAMILY ROOM WITH THE WET BAR AND POKER TABLE AREA IS JUST OFF THE 2 EN SUITE GUEST ROOMS. PERFECT FOR COMPANY TO HAVE THEIR OWN SPACE. THE OFFICE OPENING TO THE COURTYARD IS PERFECT FOR GETTING WORK DONE. THE POWDER BATH, LAUNDRY AND EPOXY FLOORED 4 CAR GARAGE, LARGE ENOUGH FOR YOUR CARS AND TOYS, COMPLETE THE MAIN HOUSE. THE AMAZING COVERED OUTDOOR CHEF KITCHEN WITH BUILT IN BBQ, POOL, SPA AND TOWERING WATER FEATURE CREATES A WONDERFUL FALLING WATER AMBIANCE. ACROSS THE OUTDOOR ENTERTAINING SPACE YOU WILL FIND THE ONE ROOM EN SUITE CASITA WITH A DRY KITCHENETTE WITH BEVERAGE REFRIGERATOR. THIS HOME ALL ON ONE LEVEL IS PERFECT FOR SOMEONE LOOKING FOR THAT RIGHT SIZED HOME. THE PARADISE VALLEY COMMUNITY OF 8 HOMES IS GATED AND CLOSE TO ALL THE SHOPPING AND RESTAURANTS OF YOUR CHOICE. COME SEE THIS HOME TODAY!

REDUCED $200K ** Entertainers Dream Home ** Truly majestic home overlooking the White Tank Mountains and Verrado Founder's Golf Club's 2nd, 3rd, and 8th Holes. Views stretch to Glendale's Cardinal Stadium and downtown Phoenix. This lodge-style home has 7215 SF of spacious living on two levels including 5 bedrooms each with ensuite bathrooms. Also an exercise room, office, winding staircase, HUGE media room and bar. Yes, even an elevator, negative edge pool, spa and BBQ grill - wow! Double island kitchen w /Wolf and SubZero. Windows everywhere for bright, open feel. *Even pick your own flooring* 270 degree views from your wrap around patio deck will stun you on this perch high above Verrado like no other home west of Phoenix. You'll know as you drive up, this is your new home!