Ocotillo Residents Enjoy Awesome Waterfront and Golf Course ViewsSome of the best views from lakeside homes in Chandler may be the result of a balanced blend of lakefront property bordered by lush greens and fairways of well maintained golf courses. This is definitely the case for Ocotillo homes in subdivisions such as Crown Point, The Island at Ocotillo, The Vistas at Ocotillo among others.
Cantabria Shores is located in south Chandler in the Ocotillo area and has some of the best views of any waterfront community in the valley. This is because of the lake and golf course combination that offers a view not characteristic of typical townhouse developments. Floor plans of these chandler townhomes for sale range from 1,100 sq.ft up to 2,217 sq.ft with a 1 or 2 car garage and include single and two story designs. As late as 2007, larger townhouses sold for over $400K.
Have You Ever Wondered About Those Ocotillo Lakes?Ocotillo neighborhoods in Chandler are known for their lakes and waterways but do you know what goes on behind the scenes to keep the lakes functioning? The picture to the right is one of 15 pumping stations that keep the water recirculating, moving from lake to lake, and irrigating over 1,900 acres. But where does the water come from? How many gallons per day are used to irrigate and maintain the Ocotillo Community? What keeps the water from seeping into the ground beneath the lakes? What species of fish are stocked in the lakes and what purpose do they serve? Unless you know the answer to these questions, then maybe you should click the “Read the rest of this entry” button that follows.
Ocotillo Lakes amenities among the bestBesides having some of the most prestigious waterfront neighborhoods in the valley, the Ocotillo Lakes area of south Chandler ranks high in academic acheivement, and provides many family centered activities, and low crime rates compared to national standards and some of the lowest in Chandler.
Waterfront home incremental market value
I received a call from another agent asking what the incremental market value was of a waterfront or lakefront home versus a similar home not on the water. In many of the tax records, it discloses a premium paid by the original owners. The initial lot premium for a waterfront lot charged by builders in The Islands and Ocotillo Lakes might range from $30,000 – $45,000, which represented more than 10% of the initial home cost. While the builder was able to charge a premium for the lakefront lot, it would be interesting to know how the resale market values a waterfront home.
For over a decade, the Ocotillo Lakes area in Chandler has been home to some of the most cherished Chandler subdivsions and waterfront homes. With such employers as Intel, Orbital, and Motorola and other semi-conductor companies, Ocotillo Lakes provides a short commute, highly rated schools and well manicured homesites. Ocotillo lakes includes 167 acres of interconnected lakes and waterfeatures.
When the assistant editor of FrontDoor.com, which is sponsored by HGTV, contacted me wanting to interview a client that had purchased a Phoenix waterfront home, I knew Kim would be a perfect candidate to articulate the desireability of a waterfront home. Their family had relocated from California for a job transfer. It became apparent very quickly that in addition to a desireable floorplan, good schools and accessibility to shopping and freeways, a waterfront home in Ocotillo Lakes was at the top of the list.
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