Built in 2009, never lived in, mint condition, masonry construction, 6924 sf,
3 bedrooms/6 baths + office/den in main house + 1 bedroom/1 bath guest house, 1.9 acres, pool/spa, complete outdoor kitchen, gorgeous mountain views, with top quality craftsmanship, materials, fixtures and appliances – clay tile roof, wolf, subzero, roman stone & bamboo floors, flagstone patios – completed Dec 09. This place is gorgeous, and what a setting. For $2,120,145 ($306/sf). A foreclosure, the first in the Canyons, (listed by Toma Partners) 7454 N Secret Canyon Tucson, AZ 85718
There are 6 other homes for sale in the Canyons, asking – $1,990,000, $2,995,000, $3,490,000, $3,490,000, $4,200,000 and $5,500,000, at an average $596/sf.
And going back to 2001, the last 7 homes that sold through the MLS, sold for $2,100,000, $2,200,000, $2,500,000, $2,600,000, $2,700,000, $2,750,00, $3,200,000 and $3,800,000, at an average of $463/sf at sold price.
On the downside, there hasn’t been a sale in the Canyons since July 2008. But hey, if they were selling like hot cakes up there this house would be ancient history and at a lot more than $2.1.
PS- prior to completion, it was listed in March 09 for $5,000,000 then, reluctantly, $4,750,000, then, grudgingly, $4,500,000 and $4,250,000.
It took a year to go from $5.0 to $4.250, then just 8 months from $4.250 to when
mr. lender stepped in at $2.1.
see thefoothillsToday.com
to find your Foothills home
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