From empty lot to listing was only 16 months for this custom residence in Fire Rock.
Interesting stone materials.
Among the nice touches are custom vanity mirrors with a number of lighting effects.
The buyer had customizations in mind that the builder was able to accommodate. The property is near the famous Fire Rock clubhouse and golf course.
The contract was signed a few months before the build was complete.
10% down was sufficient to hold the house until close of escrow.
The dollar per square foot ratio was attractive to the buyer and very competitive as a new build in Fire Rock.
This was a fairly fast build going from bare lot to a listing in 15 months. The buyer worked with the builder, as per usual, on customizations at the end including custom exterior wall material.
There are many nice touches on the interior including superior windows, top of the line appliances, and energy-efficient air returns.
Every lot is a minimum of 1 acre in Eagles Nest so there is guaranteed privacy.
The buyer was able to customize quite a bit on the final look, including a dark material originally used in the fire pit to cover the entire exterior.
Quite a good buffer between this house and the neighbors because every lot has at least one acre in Eagles Nest.
The ROI was about 68% on this project. Seed money was used to prep the lot up to framing. Then a construction loan was put in place that was liquidated at close.
This home in the upper 3000's in square footage is in a good size zone. Too large and a couple may not want it, and too small and again they may not want it.
There are many trails in the McDowell mountains as well as the Wekopa Casino and Resort and downtown Fountain Hills now featuring a Swaback-built planetarium.
Eagles Nest continues to show strong demand, with prices hovering around an impressive $1,000/sq ft.
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