5360 N Ventana Overlook Pl was listed today as a foreclosure for $499,900 ($154/sf). It’s a spec home, built in 2007 and has never been occupied. It’s 3245 sf, 1 story, 4 Beds, 3 Baths on just under an acre.
With high hopes it was first listed in January 2008 for $1,075,000 ($329/sf) which, back then and except for one teensy-weensy little problem, might not have seemed too extreme.
Here’s the problem, see what you think
See that red check mark, that’s the house. And that parking lot hovering along it’s north side is a parking lot for a busy restaurant. And that road running alongside it all is Kolb Rd. A busy road.
If nothing else, this is a shining example of the thinking, or lack of, of builders/investors back then when they took for granted that they could build almost anything almost anywhere and it would sell for big bucks.
see thefoothillsToday.com
to find your Tucson Foothills home
