For single family homes in the Catalina Foothills of Tucson, AZ (85718 & 85750)
Click subdivision names to see all the homes currently for sale
Starting at the Top,
1. At Ventana Canyon Mountain Estates - 6960 E Rock Ledge Place, Tucson, AZ 85750
First listed in 2014 for $7,000,000 it was relisted in January 2017 for $5,900,000 and was eventually reduced to $2,950,000 - WOW, someone wanted to sell, and someone else got a good deal - it sold for $3,000,000, Cash sale.
2. Next up, also at Ventana Canyon Mountain Estates - and also on Rock Ledge - 6921 E Rock Ledge Place, Tucson, AZ 85750. Listed for $2,495,000 and sold for $2,200,000 in 52 days, Cash sale. It also sold for $2.2 in 2011 and for $1.9 in 2014.
3. In Skyline CC - 6700 N St Andrews Drive, Tucson, AZ 85718, listed for $2,399,000 and sold for $2,152,700 in 14 days. Cash sale. 14 days this time around, yet its last sale, in 2016, took years. It last sold in 2016 for $2.1 after having been on and off the market since 2009 - at which time, in 2009, it was a brand new spec home.
4. At Ventana Canyon Mountain Estates, again, and also on Rock Ledge Place, again. 6940 E Rock Ledge Place, Tucson, AZ 85750. Listed for $1,745,000 reduced to $1,650,000 and sold for $1,435,000 in 141 days. Yep, Cash sale. No prior sale, sellers had it built in 1999.
5. Yep, Ventana Canyon Mountain Estates, again, though not on Rock Ledge.
6703 N Hole in the Wall Way, Tucson, AZ 85750, listed for $1,795,000, reduced to $1,595,000 and sold for $1,405,000 after 435 days. And another Cash sale. A gorgeous, beautiful house. Not sure why it took so long and sold so low. Perhaps it was the very limited and very tight parking that turned off buyers. Sellers paid $2,000,000 in 2004.
That's it for Ventana Canyon Mountain Estates, for now anyway. That's 4 big sales in 3 months, not bad. That's more sales in 3 months than for any full year going back to 2003, except for 2006 and a tie with 2010, for the full years.
6. At Pima Canyon, 1993 E Quiet Canyon Drive, Tucson, AZ 85718, listed $1,395,000 sold $1,325,000 in 223 days. Last sold in 2014 for $1,370,000. Conventional mortgage sale.
7. In Cobblestone, 7390 N Cobblestone Road, Tucson, AZ 85718, listed for $1,649,000 in September 2016, reduced, reduced and finally reduced to $1,395,000 and sold for $1,300,000 after 503 days. Cash sale.
8. In Skyline CC, 5000 E Oakmont Drive, Tucson, AZ 85718, listed for $1,595,000 in November 2015, eventually reduced to $1,495,000 and sold for $1,261,000 after 722 days. Conventional mortgage sale. Oakmont had two prior sales, in 2003 for $1,225,000 and 2011 for $1,538,000.
9. In Flecha Caida Ranch Estates, 5115 E Calle Barril, Tucson, AZ 85718, a very attractive total renovation, more like a transformation of an older home into a slick contemporary. Listed for $1,450,000 it sold for $1,250,000 in 201 days.
Flecha Caida, though a very nice place, is not known for $million home sales. Since the year 2000 350 homes have sold in Flecha and now, with this sale, just 6 have sold for $1,000,000 or more. And most of them sold during the boom years. Oh well, here we go again.
10. In Cobo Catalina Hills, 1301 E Calle Elena, Tucson, AZ 85718, on 4.57 acres, listed for $1,250,000 it sold in 94 days for $1,200,000. Unfortunately, the sellers paid $1,600,000 for it in 2006.
That's the tippy-top of the Catalina Foothills market. And as you can see from the homes that had prior sales - whether those sales were recent or many years ago - high end home prices have not rewarded their owners.
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