Phoenix 2012 Real Estate Review

A Look  Back at 2012 for Phoenix Real Estate

The year in review of 2012 for homeowners was an encouraging one to be sure. 2011 was essentially a flat line, and there has not been any appreciation in home prices since 2005. Therefore, the 12 – 29% increase experienced in nearly all Phoenix metropolitan cities in 2012 was the perfect present indeed! If you’re interested in why prices finally made a U-turn and the chances of a repeat performance, feel free to read on.

 Foreclosures, Lender-Owned, Short Sales and Distressed Property in Phoenix

At one time bank owned properties accounted for over 50% of the sales, and when you added in short sales, distressed sales (foreclosures+short sales) were over 75% of the sales in many areas. That trend has been reversed and it is easy to see why when  you look at the number of homes receiving a Notice of Trustee Sale which is the mechanism advising the homeowner that the home is in foreclosure.  The graph above shows the number of Notices by quarter by year for Maricopa county.  Currently we’re approaching levels that were experienced prior to the bubble. The bottom line is with fewer homes going into foreclosure, the fewer bank-owned homes going up for sale.  And because Arizona practices non-judicial foreclosure the shadow inventory is minimal.

The  effect of this decrease of homes going into foreclosure can be seen in the

 

 

 

composition of the sales for the last 10 years.  The above graph shows the sales by month and the type of sales for the greater Phoenix area; normal in dark  blue, short sales in light blue and foreclosure (REO) in brown.  From 2008 through early 2011, foreclosures(brown bars) were a significant portion and normal sales fell significantly.  We also see that normal sales(dark blue) have increased since 2012 as prices have risen.  Short sales have not reduced as quickly as the foreclosures but will as prices rise and economic conditions improve.

Home Value Increases in Phoenix

As I mentioned nearly all Phoenix areas have seen increases in the sales prices and $/square foot of homes sold.  To the left is  a graph for Gilbert showing the average price per square foot for the last three years.  At the beginning of the year the average price/sq.ft. for homes sold was $89.  At the end of 2012, it has risen to $106/sq.ft., a 19% increase.

For the city of Queen Creek, we notice that prices on a per square foot basis started at around $58 and ended at approx. $78/sq.ft. reflecting a 34% gain for 2012.   This was one of the areas that was hardest hit during the decrease in home prices.

Remember these are averages and will vary depending on the house condition, location, age, size, amenities, upgrades and other variables.

If you’re interested in knowing the value of your home, please click on the following link, What is my home worth?

Inventory – Balancing Supply and Demand

In 2009 – 2010 Gilbert listings ranged between 1,400 – 1,900, during 2012 they were in the 350 – 600 listing range and ended 2012 at approximately 540.  This pattern is similar in many other cities.

In the beginning of 2010, Chandler  listings were approximately 1,200.  At the end of 2012, they were 440. This reduction in inventory of available listings has been the driving force in appreciating home values.

The best way to evaluate both supply and demand is to look at the supply of inventory.  The graph to the  left shows the months supply of inventory for various Phoenix area cities.  When the inventory goes up, this indicates that more houses are available on the market compared to the available demand.  A six month supply of inventory is considered normal.  Therefore, the graph shows that there is still robust demand for available homes as they come on the market.    It is still common for a property to receive multiple offers if it is priced appropriately.

 What is in store in 2013 for Phoenix real estate?

The inventory graph also gives us an indication of what is in store for 2013.  As prices rise, fewer homes will be under water and more traditional sales will come on the market at prices than typical short sales and foreclosures.  Some buyers may decide not to buy as prices rise and the supply will seek a more  balanced level between supply and demand. Again 6 months inventory supply is considered normal.   As you can see, each city is at a different stage in returning to balanced supply and demand.  I believe prices will continue to rise in 2013, but not at the rate we’ve experienced in 2012.  My guesstimate is about half the appreciation rate that we’ve seen in 2013.

If you’re interested in receiving home listings as they come on the market, click on Receive Listings Automatically, or if you’re interested in the market value of your home, go to What is my home worth?

Related Posts:

Distressed sales for 2012 compared to 2011

Who really loses on a foreclosure – the bank? Thing again!

In search of happily ever after with a short sale

Helpful Searches:

Gilbert Home Search

Mesa Homes  for Sale

Queen Creek Home Search

$465,000 :: 1248 N PALMSPRINGS Drive, Gilbert AZ, 85234

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3 beds, 2.5 baths
Home size: 2,083 sq ft
Lot Size: 6,534 sq ft
Added: 05/27/18, Last Updated: 07/16/18
Property Type: Single Family
MLS Number: 5772091
Community: Val Vista Lakes
Tract: Val Vista Lakes
The price of this listing was last reduced on 7/16/2018 by 2%
Status: Active


WATERFRONT LOT! SPECTACULAR REGATTA LAKE VIEW! A former model home w/3BR+loft. Casual elegance in LR/DR with plantation shutters, vaulted ceilings & a gracious stairway. Family room boasts a fireplace. Kitchen has solid surface counters. Relax on the 2nd story balcony w/awsome views of the lake. All new upgraded carpet, large tile & light fixtures. The garage has professionally installed epoxy floors and cabinets. Backyard features heated play pool and flagstone. Enjoy the ammenities which include the multi-million dollar clubhouse, heated pool, sandy beach, tennis, racquetball, weight rm., banquet areas, plus 4 lakes and many walking paths w/low HOA. Great Gilbert schools.

Listed with LRA Real Estate Group, LLC


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


$472,499 :: 542 N MONDEL Drive, Gilbert AZ, 85233

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4 beds, 3 baths
Home size: 2,913 sq ft
Lot Size: 8,712 sq ft
Added: 01/29/18, Last Updated: 07/14/18
Property Type: Single Family
MLS Number: 5715811
Community: PLAYA DEL REY AMENDED
Tract: PLAYA DEL REY AMENDED
The price of this listing was last reduced on 7/14/2018 by 1%
Status: Active


WOW! Honey stop the car, this is a great location close to schools, parks & shopping. A highly desirable area with a ski lake. This home is on the water with a fountain you can see from all your rear facing windows. 4 bedroom with one bedroom downstairs & a full bath downstairs, formal living & dining, Gourmet kitchen with granite counter tops open to the great room,3 bedrooms upstairs & loft, tile in all the right spots. Huge covered patio with barbecue great views to enjoy all year long. 2 car garage with cabinets, new water heater & dishwasher and fresh paint. Truly a must see, it won't last long.

Listed with Southwest Mountain Realty, LLC


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


$725,000 :: 1910 E CORAL TREE Drive, Gilbert AZ, 85234

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4 beds, 3 baths
Home size: 2,686 sq ft
Lot Size: 13,939 sq ft
Added: 07/13/18, Last Updated: 07/13/18
Property Type: Single Family
MLS Number: 5793500
Community: LAKESIDE AT VAL VISTA LAKES
Tract: LAKESIDE AT VAL VISTA LAKES
Status: Active


Must see this beautiful single level custom waterfront home on a very large lot ** This home is on the ''big'' lake in the much sought after gated Lakeside community ** Enter to spacious living room and dining room ** Island kitchen features granite counters, built in gas stove, built in oven and microwave, plus walk in pantry ** Cabinets all the way around the island plus separate breakfast area ** Lake views from almost every room ** Jacuzzi tub and walk in closet in master suite ** Huge yard with swimming pool and jacuzzi, loads of grass area plus huge side yards ** Fabulous view down the lake ** This home was built with sheer walls all the way around the house and there are no load bearing walls inside ** Plank travertine floors ** See supplement below for Val Vista Lakes amenities

Listed with Penfield Properties


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


$419,999 :: 1243 E ARTESIAN Way, Gilbert AZ, 85234

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4 beds, 3 baths
Home size: 1,902 sq ft
Lot Size: 5,662 sq ft
Added: 07/13/18, Last Updated: 07/13/18
Property Type: Single Family
MLS Number: 5793232
Community: HARBOR VIEW AT WIND DRIFT
Tract: HARBOR VIEW AT WIND DRIFT
Status: Active


Stunning lake front home in Gilbert's highly sought after Wind Drift community! Don't miss your opportunity for magical indoor/outdoor living with a breezy open floor plan & vacation-like backyard! Kitchen includes granite countertop, breakfast bar, SS appliances & lake views! Second-floor Master Suite features walk-in closet and one of a kind bathroom w/ copper soaking tub & large glass-enclosed shower! Additional features include hardwood floors, plantation shutters throughout, cozy fireplace, 3 car garage & more! Backyard finished with private boat dock, sound system, pool & spa, lush landscaping, built in bbq/kitchen, oversized covered patio & fruiting citrus trees! Unbeatable location to boot- close to shopping/dining & easy freeway access to anywhere in the valley in minutes!

Listed with Platinum Living 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/!


$699,900 :: 794 S OCEAN Drive, Gilbert AZ, 85233

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5 beds, 3.5 baths
Home size: 4,032 sq ft
Lot Size: 10,454 sq ft
Added: 02/02/18, Last Updated: 07/13/18
Property Type: Single Family
MLS Number: 5718416
Community: CATALINA BAY AT THE ISLANDS UN
Tract: CATALINA BAY AT THE ISLANDS UN
The price of this listing was last reduced on 7/13/2018 by 4%
Status: Active


Lakefront stunning resort style living w/negative edge swimming pool. This home has been meticulously maintained & upgraded with the latest trends by the original homeowners. You will appreciate the hard wood flooring, the beautiful kitchen with white cabinets, granite counters & views of the lake. Enjoy entertaining family & friends in this gorgeous home that has views from the formal dining, kitchen, family room and master bedroom retreat. Master Bedroom is over sized & has a walk out deck. Master bathroom has soaking tub, recently remodeled shower, large walk-in closet with lots of shelving. The secondary bedrooms are Huge with walk in closets. Downstairs one bedroom down with bathroom great for guests or could be used as an office. Indoor/Outdoor living awaits as you!

Listed with Keller Williams Realty East Valley


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


$429,800 :: 1765 W ASPEN Avenue, Gilbert AZ, 85233

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4 beds, 3 baths
Home size: 2,732 sq ft
Lot Size: 13,503 sq ft
Added: 06/07/18, Last Updated: 07/12/18
Property Type: Single Family
MLS Number: 5777263
Community: EL DORADO LAKES GOLF COMMUNITY
Tract: EL DORADO LAKES GOLF COMMUNITY
The price of this listing was last reduced on 7/12/2018 by 4%
Status: Active


***PRICE REDUCED OVER $20,000!***Former Blandford model at El Dorado Lakes. 138 feet of waterfront living with views of the 8th green from your backyard and Master bedroom deck. Gorgeous setting lets you relax with the lake in your view. PLUS, a large, well maintained and updated 2 story home you will love. Separate, but open floorplan with lots of living space options. Formal and informal dining. Island kitchen with stainless appliances and upgraded wood cabinetry with slab granite counters. Super spacious master bedroom with sitting area AND FIREPLACE! Large Master bath with dual vanities, separate tub and shower. Twin closet set up too. 2732 sqft PLUS a 3 car garage AND double gate with extra concrete on the side yard. One of the biggest lots in the subdivision

Listed with Imperial Realty Services, LLC


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


$749,888 :: 1912 E CATAMARAN Court, Gilbert AZ, 85234

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5 beds, 3 baths
Home size: 3,798 sq ft
Lot Size: 13,939 sq ft
Added: 01/11/18, Last Updated: 07/02/18
Property Type: Single Family
MLS Number: 5707695
Community: VAL VISTA LAKES
Tract: VAL VISTA LAKES
Status: Active


THIS HOME IS IDEALLY SITUATED ON ONE OF THE LARGEST NORTH/SOUTH FACING WATERFRONT LOTS & HAS ONE OF THE MOST OPEN SPACIOUS FLOORPLANS IN REGATTA. (A Val Vista Lakes Community)IDEALLY LOCATED ON A CUL DE SAC, THE HOME IS SET BACK WITH A LONG WIDE DRIVEWAY THAT ACCOMMODATES PARKING FOR 3 CARS DEEP AND 3 CARS WIDE IN ADDITION TO THE OVERSIZED 3 CAR GARAGE.ADDITIONALLY, THIS HOME BOASTS ONE OF THE LARGEST BACK YARDS IN REGATTA WITH A REMODELED PEBBLE TEC SALTWATER POOL WITH NEW FILTER AND VARIABLE SPEED PUMP, SALTWATER SPA AND LARGE TRAVERTINE PAVER PATIO. ENJOY THE PRIVACY AND ABSOLUTELY GORGEOUS VIEWS FROM THE COVERED ENTERTAINING AREA OR MASTER BALCONY. YOU CAN SIMPLY RELAX IN THE SPARKLING POOL OR TAKE THE BOAT OUT FROM YOUR PRIVATE DOCK THAT INCLUDES ELECTRIC AND WATER. Home features

Listed with Keller Williams Realty East Valley


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


$450,000 :: 614 E STONEBRIDGE Drive, Gilbert AZ, 85234

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4 beds, 2 baths
Home size: 2,298 sq ft
Lot Size: 7,405 sq ft
Added: 06/22/18, Last Updated: 06/29/18
Property Type: Single Family
MLS Number: 5784254
Community: STONEBRIDGE LAKES ESTATES UNIT
Tract: STONEBRIDGE LAKES ESTATES UNIT
Status: Active


GORGEOUS RARE LAKE FRONT ''STONEBRIDGE LAKES ESTATE'' HOME, WHICH SITS ON THE MIDDLE OF THE LAKE OFFERING YOU BREATH TAKING VIEWS OF THE LAKE AND ARIZONA'S FAMOUS SUNSETS. VAST, INVITING , FESTIVE AND LIVABLE, LUSH LANDSCAPING FRONT AND BACKYARD, THE HOME OFFERS 4 BEDROOMS, 2 BATHROOMS, A BONUS ROOM, A FORMAL DINING AND LIVING ROOM, FAMILY ROOM, FIREPLACE WITH A FRENCH DOOR THAT OPENS UP TO AN INCOMPARABLE RETREAT BACKYARD, WITH PRIVATE POOL, BOAT DOCK, PATIO, BBQ AREA, YOUR OWN APPLE TREE, FIG TREE, PLUM TREE, POMEGRANATE TREE. OTHER HIGHLIGHTS OF THIS HOME INCLUDE MODERNIZED BATHROOMS WITH TRAVERTINE, GRANITE COUTERTOPS, THE KITCHEN HAS A BEAUTIFUL COPPER FARM STYLE SINK WITH GRANITE COUNTER TOPS.

Listed with The Daniel Montez Real Estate Group


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


$900,000 :: 1125 N DATE PALM Drive, Gilbert AZ, 85234

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5 beds, 3 baths
Home size: 4,458 sq ft
Lot Size: 13,068 sq ft
Added: 05/17/18, Last Updated: 06/26/18
Property Type: Single Family
MLS Number: 5767357
Community: LAKESIDE AT VAL VISTA LAKES
Tract: LAKESIDE AT VAL VISTA LAKES
The price of this listing was last reduced on 6/26/2018 by 3%
Status: Active


Welcome to the good life. Enjoy paradise in the desert daily with one of the best lake views in all of Val Vista Lakes. East facing backyard ensures amazing sunrises and cool afternoons/evenings with custom pool and spa in a spacious backyard oasis. Home is situated in the gated Lakeside neighborhood of Val Vista Lakes. Upgrades include custom kitchen, master bath, travertine flooring and much much more. Expansive master bedroom overlooks backyard and amazing lake views. Home owners in Val Vista Lakes have access to the East Valley's premier community clubhouses with multiple tennis courts, beach pool, heated Jr Olympic swimming pool, fitness center, racquetball courts and meeting/events rooms.

Listed with eXp 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/!


$699,999 :: 1211 N REGATTA Drive, Gilbert AZ, 85234

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4 beds, 3 baths
Home size: 3,342 sq ft
Lot Size: 9,583 sq ft
Added: 06/07/18, Last Updated: 06/25/18
Property Type: Single Family
MLS Number: 5777160
Community: REGATTA AT VAL VISTA LAKES AMD
Tract: REGATTA AT VAL VISTA LAKES AMD
The price of this listing was last reduced on 6/25/2018 by 1%
Status: Active


4 bedroom 3 bath custom built lakefront home with one of the very best views in Val Vista Lakes!Gated community,3348 SF in main house,833 addl SF in garage.Builder utilized many energy efficient upgrades:3 + car garage, insulated garage & insulated garage doors.Master Bedroom on main floor.Marble Floor & Counter in Master Bath2x6 construction.Highly insulated to save you $$ on cooling / heating bills.Upgraded energy efficient Pella windows.3 brand new 16 seer A/C units; 3 zones for maximum energy efficiencyNew hot water heater; New water softener. New exterior paint.Granite counters throughout home, custom built cabinetry throughout.Tons of closet space.Outdoor cooktop. Boat dock.'Tubes in walls' pest control system Mature fruit bearing tree in yard.RV g

Listed with Revinre


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


$599,900 :: 1740 W BARTLETT Way, Chandler AZ, 85248

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4 beds, 2.5 baths
Home size: 3,234 sq ft
Lot Size: 9,147 sq ft
Added: 05/08/18, Last Updated: 07/06/18
Property Type: Single Family
MLS Number: 5763048
Community: OCOTILLO LAKES
Tract: OCOTILLO LAKES
The price of this listing was last reduced on 7/6/2018 by 1%
Status: Active


Fabulous waterfront home in exclusive gated community. Live the Ocotillo Lakes lifestyle! Close to shopping, golf, grocery stores, top rated schools, restaurants, Village heath club & spa, Intel, Orbital, Chandler's Price Corridor & easy access to the freeways! Fabulous interior boasts soaring ceilings, formal living-dining room, family room with cozy fireplace, den perfect for an office, large enclosed loft and plantation shutters throughout. Kitchen includes stainless steel appliances, white cabinets w/crown molding, tile backsplash, walk-in pantry, quartz counters and island with breakfast bar. Master retreat offers a lavish bath with double sink, soaking tub, separate shower and a walk-in closet. Hurry!!

Listed with TreeHouse Realty, LLC


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


$449,900 :: 1971 W BARTLETT Court, Chandler AZ, 85248

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3 beds, 2 baths
Home size: 2,100 sq ft
Lot Size: 8,712 sq ft
Added: 05/07/18, Last Updated: 07/02/18
Property Type: Single Family
MLS Number: 5762411
Community: Enclave @ Ocotillo Lakes
Tract: Enclave @ Ocotillo Lakes
Status: Active


Chandler's beautiful gated Enclave @ Ocotillo Lakes community. Walking distance to Intel.A quiet cul-de-sac home w/pool & putting green. This beautiful 3 bed 2 bath home w/12ft ceilings,8ft bay windows, granite counter-tops, 42''maple cabinets, walk-in pantry,RO system and black appliances. Bamboo flooring in great room w/gas fireplace, surround sound speakers & custom window treatments. Master bedroom w/spacious walk-in closet & exit to patio. 3 car garage w/epoxy floors and built-in cabinets. Wood Shutters on street windows. Laundry room w/cabinets and soaking sink.

Listed with West USA 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/!


$545,000 :: 1974 W LYNX Court, Chandler AZ, 85248

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3 beds, 3 baths
Home size: 2,922 sq ft
Lot Size: 10,890 sq ft
Added: 06/29/18, Last Updated: 06/29/18
Property Type: Single Family
MLS Number: 5786960
Community: OCOTILLO LAKES PARCEL AC
Tract: OCOTILLO LAKES PARCEL AC
Status: Active


Located in the gated community of Ocotillo Lakes, this home is on a quiet cul-de-sac, close to Intel and Chandler Traditional Academy. You don't want to miss this beauty! The entrance has an enclosed courtyard & covered area. The home welcomes you with a split floor plan with 3 bedrooms, an office/den, and 3 full baths. Tile floors, large dining room, vaulted ceilings, plantation shutters, gas fireplace in living room, water filtration and softener. The kitchen is spacious with a breakfast bar, maple cabinetry, LG appliances, gas range, Corian countertops, tile backsplash, built-in desk area, and walk-in pantry. The master bedroom has French doors, a private entrance to the patio, and an extra room that can be used as an exercise room, office, or a sitting room.

Listed with RE/MAX Excalibur


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


$643,000 :: 1901 W BARTLETT Court, Chandler AZ, 85248

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6 beds, 4 baths
Home size: 4,666 sq ft
Lot Size: 10,890 sq ft
Added: 06/26/18, Last Updated: 06/28/18
Property Type: Single Family
MLS Number: 5785523
Community: OCOTILLO LAKES PARCEL AC
Tract: OCOTILLO LAKES PARCEL AC
Status: Active


This is a one of a kind beautiful custom executive home in a golf and lake community with golf discounts included! Many of the finishes are what you might find on a yacht. Six bedrooms/four baths with a very flexible floor plan in this gated lake community's corner lot. Main level bedroom makes a great office as well and the home has a spacious back yard. The Family room has nice built-ins and speakers. Kitchen has built-in fridge and top-of-the-line Viking stove and stainless appliances. The Basement makes a perfect Man Cave with a great media room with a nice wet bar, built ins. Large loft upstairs is a bonus area for the gym or game room. It has a huge master bedroom with a fireplace and balcony. Must see to appreciate!

Listed with Kirans and Associates Realty LLC


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


$699,000 :: 1761 W LYNX Way, Chandler AZ, 85248

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4 beds, 3 baths
Home size: 3,329 sq ft
Lot Size: 12,632 sq ft
Added: 03/20/18, Last Updated: 06/07/18
Property Type: Single Family
MLS Number: 5739665
Community: Ocotillo Lakes Parcel I
Tract: Ocotillo Lakes Parcel I
The price of this listing was last reduced on 3/31/2018 by 2%
Status: Active


Priced to Sell!!! Incredible Lake Views!!! Private gated and lake community. Amazing open floor plan with 4 large bedrooms, a den/office area & 3 full bathrooms. Custom paint, fire place, custom window treatments throughout, corian countertops, built-in sub zero refrigerator/freezer his & hers master closet, separate garden tub & shower and much more. N/S exposure on large waterfront lot, pool with 2 waterfalls, large covered patio, citrus trees and a great yard for entertaining. Pristine water front property in great condition with interior 2 tone paint, Updated cabinets, appliances, including the 3 CG with epoxy flooring & Quality Pattern Carpets.

Listed with My Home Group Real Estate


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


$399,999 :: 1391 W Bartlett Way, Chandler AZ, 85248

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4 beds, 2 baths
Home size: 2,234 sq ft
Lot Size: 6,969 sq ft
Added: 05/17/18, Last Updated: 05/17/18
Property Type: Single Family
MLS Number: 5767237
Community: Ocotillo Lakes
Tract: Ocotillo Lakes
Status: Active


INVESTORS ONLY - Buyer to assume 26 month lease. Monthly rent $2000. Est cap 4.6. Beautiful single story, waterfront home located next to a greenbelt in Ocotillo Lakes! This is one of the quietest neighborhoods in the east valley and home backs up to Sun Lakes. Ocotillo Lakes Features 162 Acres of inter-connected lakes & water features & Ocotillo Golf Resort a Top 50 Resort by Golf World. This home is just minutes from the new Village of Ocotillo Health Club and Spa and within walking distance of parks. This 4 beds, 2 bath, 3 car garage has plenty of storage and wired for an electric car in the garage. Separate living room/dining room + family room off the kitchen. Granite countertops added in 2017. All stainless-steel appliances in kitchen. Very low maintenance! Must assume current lease/

Listed with Creative Resolve


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


 

More Chandler and Gilbert  waterfront properties are available at Gilbert-Chandler Waterfront Homes

 

 

 

 

 

 

 

 

 

 

 

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