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.

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In search of happily ever after with a short sale

$4,200,000 :: 47 N SKI Court, Gilbert AZ, 85233

Property Photo

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4 beds, 4 baths
Home size: 5,658 sq ft
Lot Size: 20,038 sq ft
Added: 06/25/22, Last Updated: 06/25/22
Property Type: Single Family
MLS Number: 6408482
Status: Active

Stunning Contemporary Luxury Home in prestigious Crystal Point Estates is now available for private showings. This gorgeous home is named by the owner Casa Motu, which means - House of the Private Island and is located in a Gated & Private Water Ski Lake Community in Gilbert, Arizona. If you are dreaming of living a resort style lifestyle on the water, this is the home and community for you! It's a lifestyle like no other! Perfectly situated it is convenient to Sky Harbor Int. Airport, Phoenix Gateway Airport, Chandler Air Park, major malls, golf resorts. freeways 60, 202 & 101, & so much more ! With 4BRs+4 BRs and 5860 sq ft and a negative edge pool w/Spa, this east facing backyard has the most gorgeous water views on the lake. Big mention:: No homes across the lake & No home north side!

Listed with Coldwell Banker 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/!

$925,000 :: 552 N MONDEL Drive, Gilbert AZ, 85233

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4 beds, 2.5 baths
Home size: 3,552 sq ft
Lot Size: 8,712 sq ft
Added: 05/09/22, Last Updated: 06/10/22
Property Type: Single Family
MLS Number: 6396914
The price of this listing was last reduced on 5/31/2022 by 8%
Status: Active

Luxury waterfront home in Gilbert's exclusive Playa Del Rey Estates. This lake community oasis features 4 bedrooms 2.5 baths. Master bedroom has own private level that boast balcony/patio with view of the lake. Many features and updates, 3 car gar, play pool, water softener, fruit tree. Superior granite counter tops, top of line Viking appliances, low flow toilets, executive office including mahogany built in bookshelf and desk. PRICE ADJUSTMENT...MOTIVATED SELLER !!!!!!!

Listed with Call Realty, Inc.

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.

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