Phoenix Arizona Waterfront Homes

New REO lot comes on the market in Santan Lakeside Estates

Lot 17 on the west side of the ski lake at Santan Lakeside Estates just came on the market  the last week of February bringing the total lots for sale to 3. The other available lots are 3 and 17.   Many water ski enthusiasts and owners will be watching this specific  transaction as it will aid in determining the current market value of a Phoenix valley water ski lot.  So how did they set the list price for this ski lake lot at $340,000?  My opinon? You have to go back to 2009 when lot 13, previously a bank owned lot was initially listed for $480K.  After periodic price reductions that are consistent with bank owned property, the list price eventually reached $399K,  an offer for $340K was accepted and closed in August 2009.  When that is the only comparable sale, it makes sense to use it!  Getting back to lot 17;  a couple of early offers were received within days of  being listed, but considered too low by the bank.  Time will tell as the ski season approaches and the bank watches the days on market increase , and  periodically considers price reductions.

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Water Ski Lake Water Quality Level in Gilbert Az Ski Lake Communities

Phoenix area water ski homes and communities are attractive and unique because they offer residents an opportunity to enjoy water skiing and wakeboarding in their own backyard.  When buyers are considering water ski homes for sale, they should understand the added cost and maintenance involved with maintaining a ski lake since it has to operate at a higher “full body contact” level.  The maintenance and upkeep of the lake are extremely important and any neglect could cause health problems for those that use the lake.  This ongoing task will  most likely be contracted out to a company that specializes in monitoring and maintaining urban lakes including ski lakes.

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Waterfront homes in Gilbert are some of  the best in

Phoenix

In your quest for Phoenix lake communities that have waterfronthomes, any search would be incomplete if you didn’t consider the eight waterfront communities in Gilbert.  I’m not counting  subdivisions that have a community lake at the entrance or near the clubhouse.  These are communities in which some of the homes are on waterfront lots.  Specifically, these Gilbert waterfront lake communities are Val Vista Lakes, The Islands, Crystal Point, Santan Lakeside Estates, Playa del Rey,  Lago Estancia, Stonebridge Estates, and Wind Drift.

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Two slalom course water ski lakes – A Skier’s Paradise

Unless you  have very detailed directions, this ski lake subdivision is virtually hidden from public view.   From the pictures,  you’d never guess this well kept secret is in the state of Arizona. The peripheral barrier of  lush trees disguises what lies within, and helps create  glass like water conditions.   However, those who have heard of the Lakeside Turn and Burn, or the Lu Lus Big Dog Open know exactly where 21 property owners  enjoy almost limitless ski time on two side by side water ski lakes.

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The next time you turn on the faucet or take a shower, take time to realize that you live in a desert where the average rainfall in the Phoenix valley is less than 9 inches/year but  the average person uses 150 gallons of water PER day.  So how do we satisfy our “thirst” for water that exceeds our natural supply  in the valley? Read the rest of this entry

Water ski lot in Crystal Point Estates Luxury Lake Community

Here’s your chance to join this luxury lake community that has a passion for water skiing, with a waterfront lot offering 165 feet of lakefront on this tournament slalom water ski lake.   The ski lake measures approximately 2,250 ft in length and includes a ramp and turn arounds at each end.  This prime waterfront lot is perfect for someone searching for that perfect spot upon which to build their custom dreamhouse and be able to water ski at a moment’s notice.

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Phoenix Water ski lake communities overview

Instead of focusing exclusively on one water ski lake community,  let’s take a quick look at an overview of  lakes that allow water skiing and wake boarding in the Phoenix valley.  These are different from the majority of lake communities because the water has to be “full body contact” quality.  The HOA may also require the owner to become a member of the AWSA and the community ski club.  It may be the equivalent of taking a sleep aid pill, but read the CC&R’s so you’re not surprised when you learn you are required to carry $1,000,000 of  comprehensive personal liability insurance related to the lake and the activities thereon.

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Premium lakefront lot with boat house in Gilbert’s Playa del Rey Estates

This luxury home in gated Playa del Rey features 4,500 square feet with 5 bedrooms, 4 bathrooms and 2 offices.  Access to surrounding amenities is superb with McQueen Park and Recreation Center essentially next door and the Kokopelli golf course within a 1/4 mile. The airport is an easy 20 minute drive away. Read the rest of this entry

San Tan Lakeside waterski lot for sale

Currently the only lot for sale in Santan Lakeside Estates is lot 13 on the west side of the lake.  The bank has already approved the price on this short sale, $600,000.  Utilities are already at the property.  San tan Lakeside Estates is quickly becoming the premier tournament waterski lake in the valley.  Some of Gilbert’s most expensive homes are located in this waterski community.  Two other homes are under construction, both on the east side of the lake.

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Gilbert Waterfront Ski Homes

Playa del Rey Estates, one of the Phoenix area waterski communities has more ski lake homes than any other subdivision in Arizona.  With the recent completion of homes on the last two remaining lots, there are 34 waterfront homes on the ski lake.  Instead of traveling 45 minutes to Canyon Lake or Saguaro Lake to waterski, you can walk out your back door and be skiing in the time needed to hook up your boat to the SUV.  The entire subdivision has 125 homes which enjoy ski privileges on the lake via a community boat ramp for those not on the lake.

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