What’s Ahead For Mortgage Rates This Week – September 26, 2016

Last week’s economic news was abundant with releases on home builder sentiment, housing starts, building permits, sales of previously owned homes. The Federal Open Market Committee of the Federal Reserve released its customary statement at the conclusion of its meeting; Fed Chair Janet Yellen also gave a press conference. Weekly readings on new jobless claims and mortgage rates were released as usual.

NAHB: Builder Sentiment Increases in September

Home builder confidence in housing market conditions increased in September according to the National Association of Home Builders Housing Market Index. Builder confidence rose five points to 65; analysts expected a reading of 60 based on August’s reading of 59. NAHB said that September’s reading was boosted by more “serious” buyers entering housing markets.

Components used to determine NAHB HMI readings were also higher. Builder confidence in current market conditions rose six points to 71; builder confidence in housing market conditions over the next six months rose by five points to 71. Builder confidence in buyer traffic in new housing developments rose four points to 48. Buyer traffic readings have not reached 50 since 2005; 50 is a neutral benchmark for NAHB HMI readings.

Home prices continue rising at a higher pace than wages; this is pressuring first-time and moderate income buyers out of the market. An ongoing shortage of available homes is pressing prices higher as demand increases. Analysts pay close attention to the NAHB HMI as building more new homes is a key factor in easing the shortage of homes for sale.

Housing Starts, Building Permits Lower

Commerce Department readings on housing starts and permits issued were lower for August Housing starts were lower in August at 1.142 million starts on a seasonally-adjusted annual pace. Analysts expected 1.182 million housing starts based on July’s reading of 1.212 million starts. Regional readings showed a dip in starts in the South. Severe flooding in Louisiana contributed to the lower reading for housing starts. August’s reading for housing starts was 5.80 percent lower than July’s reading and 0.90 percent lower than for July 2015.

Building permits issued were nearly flat in August; this was likely due to the prime building season winding down 1.139 million permits were issued as compared to 1.144 million permits issued in July. Single-family starts were six percent lower than for July and were 1.20 percent lower year-over-year.

Existing Home Sales Dip: High Demand, Low Supply Cited

Sales of pre-owned homes fell by 0.90 percent in August to a seasonally-adjusted annual rate of 5.33 million sales. Analysts expected a reading of 5.48 million sales; July’s reading for sales of pre-owned homes was 5.38 million sales.

Low inventory of available homes continues to impact housing markets as demand for homes increased and prices rose; the national average home price was $240,000 in August. Rising home prices continued to be driven by high demand and low supplies. These conditions also impacted first-time and moderate income home buyers who were pressured to keep up with rapidly rising home prices.

While mortgage rates remain relatively low, higher home prices and tight mortgage credit requirements remain obstacles for first-time buyers.

Mortgage Rates, Weekly Jobless Claims Lower

Freddie Mac reported lower mortgage rates last week. The average rate for a 30-year fixed rate mortgage fell by two basis points to 3.48 percent; the average rate for a15-year fixed rate mortgage fell on one basis point to 2.76 percent. The average rate for a 5/1 adjustable rate mortgage was lower by two basis points at 2.80 percent.

Analysts expected new jobless claims to remain flat at the prior week’s reading of 260,000 new claims, but 252,000 new claims were filed for the lowest reading since July. The four-week rolling average of new jobless claims fell by 22250 claims to 258,500. The four-week reading is considered a less volatile reading than week-to-week readings.

Federal Reserve: No Increase in Fed Rate

The Federal Open Market Committee said in its post-meeting statement that the target federal funds rate would not be raised. In a press conference given after the FOMC statement, Fed Chair Janet Yellen said that although the economy continued to improve, the Fed had concerns over the labor market and decided not to raise rates. Any increase in Federal Reserve rates triggers increases in consumer lending rates.

What’s Ahead

This week’s readings include Case-Shiller Home Price Indices, readings on new and pending home sales and weekly readings on mortgage rates and new jobless claims.

Click Here to See What Your Home is Worth

Listing types.

For Sale

For Rent

Land

Multifamily

Commercial

Location Search Nearby

BedsAny1+2+3+4+5+6+

BathsAny1+2+3+4+5+6+

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

Property TypeAnyApartmentManufactured HomeSingle Family ResidenceTownhouseTwin Home

School District

Address, MLS# or Keyword

Home SizeAny600 ft2800 ft21,000 ft21,200 ft21,400 ft21,600 ft21,800 ft22,000 ft22,200 ft22,400 ft22,600 ft22,800 ft23,000 ft23,500 ft24,000 ft24,500 ft25,000 ft25,500 ft26,000 ft2

YearAny2024+2023+2022+2021+2020+2019+2018+2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

Distressed

Open House

Location Search Nearby

BedsAny1+2+3+4+5+6+

BathsAny1+2+3+4+5+6+

Price MinAny$500$600$700$800$900$1,000$1,100$1,200$1,300$1,500$1,600$1,700$1,800$1,900$2,000$2,250$2,500$2,750$3,000$3,250$3,500$3,750$4,000$4,500$5,000$5,500$6,000$6,500$7,000$7,500$8,000$8,500$9,000$9,500$10,000

Price MaxAny$500$600$700$800$900$1,000$1,100$1,200$1,300$1,500$1,600$1,700$1,800$1,900$2,000$2,250$2,500$2,750$3,000$3,250$3,500$3,750$4,000$4,500$5,000$5,500$6,000$6,500$7,000$7,500$8,000$8,500$9,000$9,500$10,000

Advanced Options

Property TypeAnyApartmentManufactured HomeSingle Family ResidenceTownhouseTwin Home

School District

Address, MLS# or Keyword

Home SizeAny600 ft2800 ft21,000 ft21,200 ft21,400 ft21,600 ft21,800 ft22,000 ft22,200 ft22,400 ft22,600 ft22,800 ft23,000 ft23,500 ft24,000 ft24,500 ft25,000 ft25,500 ft26,000 ft2

YearAny2024+2023+2022+2021+2020+2019+2018+2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

Location Search Nearby

Lot SizeAny1+ Acres2+ Acres3+ Acres4+ Acres5+ Acres6+ Acres7+ Acres8+ Acres9+ Acres10+ Acres20+ Acres30+ Acres40+ Acres50+ Acres

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

Neighborhood

Address, MLS# or Keyword

Location Search Nearby

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

School District

Address, MLS# or Keyword

YearAny2024+2023+2022+2021+2020+2019+2018+2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

Location Search Nearby

Lot SizeAny1+ Acres2+ Acres3+ Acres4+ Acres5+ Acres6+ Acres7+ Acres8+ Acres9+ Acres10+ Acres20+ Acres30+ Acres40+ Acres50+ Acres

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

Address, MLS# or Keyword

YearAny2024+2023+2022+2021+2020+2019+2018+2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

View As: Thumbnails List

Sort by: Select Price, Low to High Price, High to Low Newer Listings First Older Listings First Open House Date

855 Distant Drums Road Sedona, AZ 86336

$2,749,500

3 Beds

4 Baths

3,275 SqFt

Status Active

MLS # 6768405

Property Type Single Family Residence

Price Type --

Live in TRANQUILITY w/ THE Absolute BEST VIEWS, BEST POOL, BEST SUNSETS in Sedona. Sellers live in main home & rent out the attached studio & detached casita for past 6 yrs ! This magical 2.4 acre site sides to National Forest w/ INFINITY POOL & 360 views. Full REMODEL 2012 of Main Home which features Great Room Living w/ true AZ Stone fireplace, Gourmet Kitchen w/ Massive Stainless Commercial Fridge/ New Induction Range. Main house which includes the studio boasts 2 Primary Suites & 2 bonus rooms/ 2.5 bth + in ground spa + additional hot tub. Detached Casita TO DIE FOR! Offering Gr8 Rm w/14' ft ceilings & glass window walls + Murphy Bed, 1 bdrm, 2 bths, kitchen, wrap around VIEW DECK, & Hot tub. Multiple open and covered patios & decks to breathe in RED ROCK VIEWS & stargaze at night! End of road isolation that is 5 minutes to Dining, Shopping, Medical in West Sedona.

View Property

36600 N 50th Street Cave Creek, AZ 85331

$2,749,000

8 Beds

7.5 Baths

7,605 SqFt

Status Active

MLS # 6783477

Property Type Single Family Residence

Price Type --

Stunning Cave Creek Estate on 5.2 Acres with Desert Views! Located in the heart of Cave Creek, this exceptional estate offers 5.2 flat acres of serene desert landscape, backing up to 300 acres of protected desert preserve. With no HOA, this property provides ultimate privacy and flexibility, ideal for a peaceful retreat or short-term rental opportunities. With over 7,600 sq. ft. of living space, the main home spans 4,728 sq. ft. and features 4 bedrooms and 4.5 baths. A gourmet kitchen designed for entertaining includes double islands, granite and marble countertops, and custom alder cabinetry. Rich flagstone and hand-honed wood floors, 4 fireplaces, and floor-to-ceiling windows create a warm, inviting atmosphere throughout the home. The spacious 2,040 sq. ft. guest house offers 4 bedrooms and 3 baths, perfect for extended family or guests. Both homes are set against breathtaking mountain views and lush desert landscaping, offering unparalleled privacy and tranquility. Outdoor amenities include a sparkling heated saltwater pool and spa, a sports court ideal for pickleball or basketball, and ample space to add equestrian facilities. The property also includes a bonus 832 sq. ft. game room/gym adjacent to the pool, providing endless entertainment potential. Additional upgrades include a new roof on the main house, guest house, and garages, owned solar panels, new carpet throughout, updated pool equipment, and fully serviced HVAC systems. The property also features new irrigation, water softeners, a tankless water heater, and a 2,500-gallon septic tank which was serviced in November 2024. Just minutes from downtown Cave Creek's shops and restaurants, this peaceful estate offers both luxury and convenience, making it the perfect blend of modern comfort and desert charm!

View Property

210 E Georgia Avenue Phoenix, AZ 85012

$2,745,000

5 Beds

4.5 Baths

4,738 SqFt

Status Active

MLS # 6723103

Property Type Single Family Residence

Price Type --

Discover unparalleled luxury in North Central's newest custom gated enclave, The Georgia Three. This exquisite residence, crafted by Bolte Custom Homes, boasts meticulous attention to detail with every fit and finish hand-selected by Katie Bowe Design. Nestled on a gated, pavered street, The Georgia Three features three homes. This particular home exudes single-level charm while incorporating a versatile basement, enhancing the floor plan and adding valuable square footage. Abundant natural light fills the basement through an expansive walk-out, creating a bright and inviting space.The kitchen and main living areas are designed for effortless entertaining and family gatherings, complemented by two additional living spaces offering superb flexibility. The home is bathed in natural light.

View Property

28135 N 96th Place Scottsdale, AZ 85262

$2,740,000

4 Beds

4.5 Baths

4,761 SqFt

Status Active

MLS # 6699788

Property Type Single Family Residence

Price Type --

Ready to take your home life up a notch? Impeccable highly rated Salcito built home located on the #1 green. Stained glass doors open into the great room w/ fireplace, sunken wet bar & massive windows that capture unobstructed Pinnacle Peak views. Expansive owners suite w/fireplace,walk out doors, separate private office, full custom bath & generous sized walk in closet.Custom kitchen w/granite counters & S.S. appliances. Marvel at the 2 bed,2 bath guest wing w/ its own living area & stunning views.Relax around your private heated pool & spa, with 3 water features that make even the most luxurious resorts jealous! This custom 1.49 acre-4761 s.f. estate is fully stocked with all of life's little luxuries for you & yours to enjoy!An exclusive guard gated community with privacy.Seller Carry?

View Property

28119 N 109th Way Scottsdale, AZ 85262

$2,729,000

4 Beds

4.5 Baths

3,290 SqFt

Status Active

MLS # 6655117

Property Type Single Family Residence

Price Type --

Serene is brand new gated enclave of 21 cutting edge single level contemporary homes designed by Swayback Architects & Planners and built by Sonora West Development. Each Serene home brings a new definition to the ''Lock and Leave'' lifestyle with open Great Room floor plans perfect for both entertaining and everyday living. There are four different models to choose from with lavish interior finishes created by renown interior designers Est Est. This Model B is available with 3 Car Tandem at 3,290/sf (Also available at 3,500/sf with 2 car garage.) Either configurations available only on lots 1, 3, 5, 8 & 19. Base price shown does not include lot premiums nor upgrades but does include 25K pool and a 25k landscape allowance, Subzero & Wolf Appliances & BBQ. Mountain in North Scottsdale, Serene is close to shopping, restaurants and over two dozen private and public golf courses. Don't miss your opportunity to take part in the Serene lifestyle.

View Property

25210 N 90th Way Scottsdale, AZ 85255

$2,725,000

4 Beds

3.5 Baths

3,963 SqFt

Status Active

MLS # 6783651

Property Type Single Family Residence

Price Type --

Rare offering in sought after Desert Skyline Estates, a gated enclave of 44 custom home lots in North Scottsdale. Owner Financing available! This custom residence is set on a 1.5 acre lot that would support a separate guest house.The possibilities are endless. As you enter the home you will be welcomed by the soaring vaulted ceilings featuring tongue and groove pine that open to the great room and out to the back where your pool awaits for enjoying the amazing Arizona sunsets. Features include 18-inch diagonal travertine throughout including hand laid borders, new GE Profile kitchen appliances, new roof and Rhino Shield stucco coating. All windows and doors are top quality Anderson. The fourth bedroom includes, wood floors a custom built in desk and cabinets. Relax in the nearly 700 square foot game room off the kitchen area for relaxing or entertaining. The oversized nearly 1,100 square foot garage includes custom cabinets including a large counter with storage drawers. 220 is also available in the garage. The private backyard has a custom-built pool, large, covered patio and view deck to enjoy both sunrises over the nearby mountains and sunsets. All furnishing are available to buyer. You are minutes to popular hiking trails that include Pinnacle Peak park, Browns Ranch Trailhead and Toms Thumb trailhead. Golf and fine dining are also minutes away!

View Property

5641 N Echo Canyon Circle Phoenix, AZ 85018

$2,725,000

3 Beds

4 Baths

3,818 SqFt

Status Active

MLS # 6641691

Property Type Single Family Residence

Price Type --

A true gem situated under the iconic Praying Monk! Resort style living in the privately guard gated community of Echo Canyon. This is a very rare and special find! A charming home with a warm open floor plan/ high ceilings and picture windows to take advantage of stunning Camelback Mountain views. There are two bedrooms and a den/bedroom on the main floor. An additional guest suite upstairs which includes its own kitchenette, 3/4 bath and veranda with spectacular views of city lights to the northwest. Centrally located with walking distance to echo canyon trailhead, urban activities like the Village, the new Global Ambassador hotel and a stone's throw to Old Town Scottsdale, PV and Arcadia! Enjoy the amenities of Echo Canyon living with a community clubhouse, pool and tennis!

View Property

36001 S Moreton Road Wickenburg, AZ 85390

$2,700,000

3 Beds

3 Baths

2,552 SqFt

Status Active

MLS # 6744469

Property Type Single Family Residence

Price Type --

Hidden Hacienda, Wickenburg's Premier Team Roping and RV Camp Destination. Private, quiet, crisp and clean! 22+ Acres, contiguous to state land. Property available turnkey with tools equipment and furnishings. Secluded hilltop 3 bedroom, 3 bath home overlooking the property. 150 x 300 Roping Arena with Sprinkler System. 28 Covered Horse pens. 7 Stall Barn with turn outs and Tack Room. 60' Panel Round Pen. Outside pens approximately 180' x 40'. Covered Hay Storage and Connex Tool Shop. RV Camp and Club House is county approved and permitted in 2016 offering 110, 30 & 50 amp, plug-ins at each pedestal, water and septic. Club House offers an open-air lounge, two commercial washers and dryers, a commercial ice maker, two bathrooms, one with handicap accessible custom tile show Custom Cabinetry and furnishings. Home has an expansive and very private back yard, new roof and fresh interior and exterior paint as well as new tile and carpet. Property available turnkey with tools equipment and furnishings. Acreage available near the home to build additional shop or barn as well. Property Owned and offered for Sale by Arizona Licensed Real Estate Broker. 4 Parcels Available: 201-13-001-B, 201-02-002M, 201-02-002L, 201-06-005-D. Purchase 22 Acres or 12+ Acres THE ADDITIONAL 10 ACRES BORDERS STATE LAND, IS A PREMIUM LOT AND IS ZONED RCU-2A! MUST SEE Please see Turn Key list of Equipment to convey.

View Property

10751 E Candlewood Drive Scottsdale, AZ 85255

$2,700,000

3 Beds

3.5 Baths

4,440 SqFt

Status Active

MLS # 6692218

Property Type Single Family Residence

Price Type --

Nestled in the Windy Walk Estates of Troon Village, with Troon Mountain as its backdrop, extensive mountain and city views as well as a private backyard oasis, this expansive custom home is a must see in order to truly appreciate all it has to offer. The large and recently updated primary suite and balcony afford panoramic views while the extra large covered patio and outdoor fire pit create the perfect opportunity to enjoy private outdoor living at its finest. Step into the inviting ambiance of 4440 sq ft of soaring ceilings, authentic French Oak hardwood flooring, two way fireplace, 1000 bottle wine room, two pantries. Updated kitchen with sleek lines, SS appliances/Viking range, large island, breakfast bar and eat in kitchen overlooking the backyard's sparkling heated pool and spa.

View Property

35140 N 52nd Place Cave Creek, AZ 85331

$2,700,000

5 Beds

4.5 Baths

4,731 SqFt

Status Active

MLS # 6740350

Property Type Single Family Residence

Price Type --

LOCATION! PRIVACY! MOUNTAIN VIEWS! HORSE PROPERTY W RESORT STYLE LIVING! Amazing custom home in one of the best kept secret CC locations. 2.13 fenced acres offers 4733 sf home w attached Casita w/kitchenette, walk through gated court yard,water feature & fireplace. Open the front door to overlook negative edge heated pool/spa & 360 mountain views, huge covered outdoor living area, built-in BBQ, total of 5 bedrooms/4.5bath, office,gourmet kitchen w granite island,ss appliances, w desk,warming drawer,office ,custom cherry cabinets, Big game-room w wet bar/ billiards rm view of pool. 3 stall-barn w turnouts,tack room/feed arena, pipe fencing & miles of trails out your back door, RV full hook up, trailer parking, large 4 car garage, close to all stores/restaurants but feels remote & secluded Features include: Butlers pantry off the kitchen with huge pantry, warming drawer and appliance center, special, under mount and art lighting through-out, Huge 1200 sq foot covered patio with heated pool and spa, family/billiards room with wet bar, wine cabinet with entry to the patio, folding glass folding into the wall patio glass doors from great room to patio to increase the livable space, cozy office off the primary bedroom, attached guest house has been used for Air B&B and is a premier listing on that sight! Guest house offers bedroom kitchenette, and full laundry facilities, full bath and cozy sitting area with access to the fenced front court yard with a fireplace and water feature. Horse facilities offers 3 stalls with runs, trailer parking with full RV hook up, tack/feed room, turn outs and trails for miles of riding right from you home. Fenced dog run, Huge 4 car garage with pull through and large doors- plenty of room for a tractor, & set up for an Air compressor, and lots of storage. surround sound speakers, View out of all windows of the mountains- quiet neighborhood, with paved streets and city water. Minutes to stores, Home Depot/Lowe's, restaurants, and the fun town of Cave Creek.

View Property

1020 E Caroline Lane Tempe, AZ 85284

$2,700,000

6 Beds

7 Baths

10,613 SqFt

Status Active

MLS # 6707527

Property Type Single Family Residence

Price Type --

Elegant, high craftsmanship estate home with over 10k s/f, 6 bed +office, 6 bath, 3 car garage, new carpet on a 1.382 acre irrigated cul-de-sac lot. Air conditioned Carriage House with 6+ car garage, workshop, gun/storage room, half bath, & large hayloft next to horse pasture. Main home features a gourmet kitchen with 2 dishwashers, double ovens, & newer appliances. Gorgeous custom wood paneling in the office & throughout. Extensive storage incl laundry room with 2 washers & dryers, mud room & very large pantry in the huge basement. Two bright secret rooms add to the charm! Diving pool with newer commercial grade filtration system & poolside half bath. Peach, lemon, grapefruit trees. Large court for sports or riding bikes. 4 of the 5 A/C units are less than 1 yr old.

View Property

6032 W Victoria Place Chandler, AZ 85226

$2,700,000

6 Beds

5.5 Baths

5,919 SqFt

Status Active

MLS # 6742378

Property Type Single Family Residence

Price Type --

Extraordinary custom home within one of Chandler Arizona most coveted and idyllic gated communities. Trovita's newest built home is located on a desirable north/south exposure lot and nestled within the gated community's private, tree-lined streets, offering a unique opportunity to immediately enjoy all of today's modern styles and finishes within a well-established neighborhood. 2023 and 2024 full remodel of the home the upgrades are stunning with no details overlooked,...... The floor to celling custom retractable accordion doors seamlessly offer indoor and outdoor living to backyard including a custom oasis equipped with a beautiful wood beamed outdoor ramada and kitchen area w/ outdoor seating that offers a Wolf Grill, gas burners, stainless steel sink area, custom stone pizza oven and fireplace. Upgraded heated pool with water features, and custom tiled oversized spa. The large lush grassy yard with citrus trees and palm trees. Fine designer finishes throughout the home , including NEW wood and stone flooring, Crown molding, fully NEW paint throughout including all doors, Lutron automated shades, custom lighting, stone gas fireplaces. 3 of the fully remodeled bathrooms are fully handicapped accessible. One of bedrooms has its own private mini split A/C heater. Other bedroom has also been wired for a mini split. Entertain in the gourmet kitchen w/ an oversized island, stunning granite counters, tile backsplash, custom range hood, stainless appliances & dual convection ovens. The private owners wing provides relaxing amenities such as french doors leading to the resort backyard, a stone gas fireplace and a luxurious ensuite bath outfitted with gorgeous marble finishes, jacuzzi jetted tub, custom chandelier and an oversized marble shower. Even a state of the art Toto toilet. Retreat to the fully functional basement where you will find a large bonus room with wet bar and U-Line beverage fridge, a wine storage area, two of the six bedrooms, a bathroom and a theater room equipped with leather seating, a large screen, projector and a state of the art AV tower. Oversized 3 CG w/ epoxy floors, storage cabinets & a Tesla charging station. Rare palm trees planted in the front yard, ADT alarm is fully installed for added security. Truly a one of a kind custom home in this desirable area of Chandler Arizona.

View Property