6620 N Eagle Ridge Dr, in Ventana Canyon Mountain Estates, was listed for sale two weeks ago at $8,250,000 – (the 2nd highest price listing in the foothills). And in the, if you have to ask department, that works out to $1,273.15/sf, which makes Eagle Ridge the highest $$$/sf asking price in the foothills.
Blessedly, it’s a contemporary, a real minimalist contemporary, and, thankfully, not another SWestern contemporary or mock Tuscan or mock anything.
Built in 2007/of concrete, steel and glass/6480 sf/5 Beds/6Bths/2 story/pool/3 car garage + 2 car carport/on 3.5 acres way up in the Mountain Estates.
Eagle Ridge is a big high ledge that looks out over the entire Tucson Valley. And the house sits on the southern rim of that ledge, affording endless, unobstructed views.
As unique and gorgeous as it appears to be, and located in one of the most dramatic settings in the Foothills, at $8,250,000, should it sell,
it would break all sales records (as recorded in the MLS anyway) by about 4 million $$$.
I don’t want to say there’s no market for home like this but, if there is, thus far it’s a very thin one. Going all the way back to 1990 the highest MLS recorded sale in the foothills is for $3.8mil, and that was in 07. And while there are three other homes listed between $5.0 and $6.0mil, and one at $13,500,000, none have sold.
On the other hand, as time marches on and the foothills gains in popularity, more expensive homes are being built and, I think, will eventually sell. So maybe.
THIS JUST IN: A reader reminded me that a very expensive home sold a couple of years ago in the Mountain Estates, but not thru the MLS. I vaguely remembered that sale, and found it on the Pima County Assessors site. The house is on Rock Ledge Pl, and sold on Halloween 2007, for $7,000,000, cash.
And poking around the assessors site, I also discovered an interesting discrepancy in square footage for our Eagle Ridge contemporary. The listing indicates the house is 6480 sf and the source of that sf figure is listed as OTHER. Not HOME OWNER or FLOOR PLAN or APPRAISER or ASSESSOR. But the Pima County Assessor shows the house as 4898 sf. And unless one of those is a typo, somebody's got some splainin’ to do.
see thefoothillsToday.com
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