Distressed Sales and Phoenix Water Ski Homes and Communities

2010 Phoenix Water Ski Community Sales

In any given month, distressed sales (foreclosures,short sales, or trustee sales) account for over 50%  of the total sales in most all of the Phoenix valley cities.   Ski lake properties have been somewhat insulated from this type of transaction,  but during 2010 distressed sales have increased in these unique waterfront communities.  Three of the Phoenix ski communities had no recorded sales of any kind in 2010.  All sales during the year ocurred in Gilbert ski lake communities; Crystal Point, Santan Lakeside and Playa del Rey Estates.  33% of those were distressed sales.

 Gilbert Waterski communities and 2010 sales

Crystal Point had three sales; one of which was a distressed sale.   A 18,000 sq.ft. waterfront lot sold at mid-year sold for $400,000.   A traditional equity sale of a 4,400 sq.ft. home ocurred in October 2010 for $1,050,000.   In the 4th Qtr., a 3,950 sq.ft. home was purchased at the trustee sale for $752,000.   There are currently two short sales and one traditional property for sale in Crystal Point.

Crystal Point Estates Homes for Sale

Just around the corner from Crystal Point is Playa del Rey Estates.  The main ski lake saw two sales during 2010.  One was a traditional equity sale of a 2,800 sq.ft. waterfront home for $418,000, while the other sale was a bank-owned foreclosure for $582,000 of a 4,500 sq.ft. waterfront home on the main lake.

Playa del Rey Waterfront Homes for sale

Santan Lakeside Estates located in south Gilbert registered 4 property transfers in 2010. The sales prices were $312,500, $277,500, $287,000, and $230,000, one of which was a bank owned lot.   The bank-owned lot sale closed escrow at the beginning of the year for $312,500.  The subsequent sales were traditional sales with the last one for 2010 in October for $230,000.

Santan Lakeside Estates waterfront lots for sale

For addtional information on available properties , click on receive water ski available properties, or e-mail/call me directly.

Related Posts:

Water Ski Lake Water Quality Levels

Phoenix area water ski community overview

In search of happily ever after with a short sale

$695,000 :: 1529 W LAUREL Avenue, Gilbert AZ, 85233

Property Photo

Mls Icon

4 beds, 3 baths
Home size: 2,863 sq ft
Lot Size: 10,019 sq ft
Added: 05/03/19, Last Updated: 05/04/19
Property Type: Single Family
MLS Number: 5920910
Community: PLAYA DEL REY AMENDED
Tract: PLAYA DEL REY AMENDED
Status: Active


Live at a quiet relaxing private WATER SKI RESORT!!! Jet Ski or Wakeboard in your backyard. Lovely open 1 story. Just completed $100,000 remodel. New kitchen with Granite, New stainless steel appliances, New colors in & out, New wood tile, New sinks & vanities, new lights & fans, New Landscaping, and much more. All 4 bedrooms are arranged in a split floorplan. Just 12 miles to the Phoenix & Mesa airports. Other features of the subdivision include Clubhouse, fishing lake and miniature golf course. Adjacent to public golf course, golf driving range, indoor basketball, tennis courts, soccer field, baseball field, and bike paths. Downtown Gilbert Heritage District with multiple casual & upscale dining, theatrical theater, and farmer's market. It's like being on vacation every day.

Listed with Oasis Homes


Brought to you by Gordon Baker, Remax Alliance Group. Call me today at 480-326-8571, or visit my website at www.myhomeinaz.com/!


$1,050,000 :: 1422 W COMMERCE Avenue, Gilbert AZ, 85233

Property Photo

Mls Icon

5 beds, 5 baths
Home size: 6,298 sq ft
Lot Size: 10,019 sq ft
Added: 04/12/19, Last Updated: 04/12/19
Property Type: Single Family
MLS Number: 5910662
Community: PLAYA DEL REY AMENDED
Tract: PLAYA DEL REY AMENDED
Status: Active


Do you love skiing & lake life? Would you like to be able to ski, wakeboard, jet-ski or paddle board every day of the year? If so, we have the PERFECT LAKEFRONT PROPERTY for you! This 5 bed (plus loft) / 5 bath two-story home w/ NEXT GEN SUITE is in the private lake community of Play del Ray on a crystal blue lake w/ a 1/2 mile loop which allows all types of motorized boats & jet skis, as well as swimming. The backyard/dock has brand new, heat resistant deck (no burning feet!), boat dock w/ motorized lift, crank shade structure, fully organized ''gear wall'' w/ racks, 2 outside heated showers, water fountain, sandbox (with auto water filler) & natural gas line for your BBQ. The side storage area is HUGE & can fit multiple vehicles, off-road ''toys'' and/or a RV.

Listed with Rachael Richards Realty


Brought to you by Gordon Baker, Remax Alliance Group. Call me today at 480-326-8571, or visit my website at www.myhomeinaz.com/!


Waterfront information can be found at Gilbert Water Ski Property.

One Reply to “Distressed Sales and Phoenix Water Ski Homes and Communities”

Leave a Reply

Your email address will not be published. Required fields are marked *