4272 N Sunset Cliff Drive listed by Long Realty for 585K went under contract immediately and then went back up for sale and then a few weeks later went back under contract and sold on May 24th for full price. This 2,074 square foot home has a lot of upgrades. It is a flip-the Sellers bought it for 365K in October 2022 and then renovated it.
Long Realty had listed 4065 N Black Rock Drive for $1,350,000 in early April and several months later the price has been reduced to $1,089,000. Finally on July 25th it went under contract. I will keep you posted on the final sales place when it closes escrow. This 3,513 square foot Monterey- built home is located on the ridge facing the high Santa Catalinas. It is always a mistake to price your home too high because usually the most motivated buyers are found in the beginning and they may pass it by if they think the price is too high.
4507 N Sabino Mountain Drive was listed in early April for 1.2 million by Long Realty; it was reduced by 100K on May 20,2023 to 1.1 million. This 3,169 square foot home is next door to the Club House and is located on the ridge. The outdoor features a spa. At night one can experience the sparkling city lights. Although the market is still very good for most Sellers, pricing the home at fair market value right from the beginning is the right choice.
It only took 40 days to put 4175N Black Rock Drive under contract. After being reduced down to $1,989,000 it only took a few days to sell. This slightly over 4,400 square foot very upgraded home has fabulous panoramic mountain views. It is listed by Realty Executives Arizona Territory.
Beautiful 4207 N Sabino Mountain Drive with luxurious just over 4,200 square feet went under contract in a month’s time; the list price is $1,750; it is listed by Long Realty. I will post the final sales price when is closes.
4175 N Black Rock Drive has been reduced its List Price from $2,250,000 down to $1,989,000. This home sold in 2008 for $1,625,000. There have been many renovations since then including a master bathroom and closet extension and a roof deck. It is being sold with most of its furnishings. This home is listed by Realty Executives of Arizona Territory.
4175 N Black Rock Drive has been listed for sale at $2,250,000 by Realty Executives Arizona Territory and 4207 N Sabino Mountain Drive has gone on the market priced at $1,750,000 by Long Realty. Both houses have seen renovations and both have outstanding panoramic views of the Santa Catalinas and sparkling city views. They both are approximately the same size with the Black Rock house at 4,409 square feet and the Sabino Mountain Drive home at 4,207 square feet.
There were 11 homes that sold in Sabino Mountain in 2022; they ranged in price from $455,000 up to $1,470,000. The rundown goes like this: 1 sold in the 400Ks; 3 in the 500Ks, 2 in the 600Ks, 2 in the 700ks and 3 for over a million.
The year before in 2022 twenty-one homes sold.
The reason there were far fewer homes sold last year versus the year before is that fewer sellers were putting their homes up for sale. The prices climbed and have stabilized with all the houses finally seeing a nice appreciation. Many of the homes in the past few years were purchased by buyers paying all cash due partially due to the much higher interest rates as 2022 progressed. It is notable that the highest priced homes that had prices over a million saw quick sales. Luxury buyers from other states saw the Catalina Foothills and especially Sabino Mountain as a great place to live and hence we saw a dramatic increase in value with luxury homes selling much more quickly than in the past. It is also notable that all Sabino Mountain homes that were sold in the past few years sold quickly with the market clearly being more of a Sellers’ Market. Although in much of Tucson the real estate market has stabilized and is seen as balanced that has not been the case in Sabino Mountain that has continued to be a market favoring Sellers.
***It if you are interested in selling your Sabino Mountain home you can contact me at 520-603-8622 or Donna@DonnaAnderson.com. I have lived in Sabino Mountain for almost 20 years and have sold 15 in our neighborhood.***
It took Keller Williams of Southern almost 4 months to sell 4038 N Sunset Cliff Place. The List Price is $564,900. This 2,684 square foot two- story home with 3 car garage took a long time to sell (in this market). Reasons why I can not be sure but the floorplan is not common for the community. It has a first floor study and formal living room-dining area plus family room off the kitchen. The market has not slowed down for Sabino Mountain.
Long Realty listed 4161 N Quail Canyon for way over the value of what it is worth in my opinion and with two reductions it went under contract in 52 days.This just slightly over 3K square foot home has 4 bedrooms and 2.5 baths and a 3 car garage. It originally listed for much more and finally sold for 1.1 million with 4K concessions to Buyer. This home was very smallish for homes in N Quail Canyon at only about 3K square foot as mentioned previously. Therefore all the other homes on Quail Canyon are worth more is the bottom line.