They were fairly routine back in the day, 2010 – 2012, and I thought we’d seen the last of them, but apparently this one’s been lurking in the shadows - 8511 sf, 2 story on 2.6 acres in the Mountain Estates at Ventana CC – built in 1993 and listed in 2006 for $5,150,000 ($605/sf), dropped to $3,650,000 to $2,850,000 to $2,675,000 to $2,250,000 (then about 20 itty-bitty price cuts stretched out over 2 years from $2,250,000 to $1,275,000) where it expired in April. Only to return 2 weeks ago as a foreclosure asking $949,900 ($112/sf), and (all’s well that ends well) swiftly went to contract today.
Even at the height of the market 2004 to 2007 the biggest $$$$ sale in the mountain estates was $2,476,000 in 06 – and, though many have tried, nothing higher since.
see TheFoothillsToday.com
to find your very own Catalina Foothills Home
