Estancia is one of Scottsdale’s most luxurious private golf communities. It is nestled just to the north and the east of Pinnacle Peak and the elegant homes dot the rolling hills.
Estancia is comprised of 640 acres, including 233 home sites and 29 villa sites. At the heart of the guard-gated community is the Estancia Club, which is home to an 18-hole Fazio golf course, a clubhouse, pro shop, fitness center and pool. Residents of Estancia are not required to join the Estancia Club, but many of them opt to. Golf and social memberships are offered.
ESTANCIA HOMES FOR SALE AS OF FEBRUARY 18, 2013
Currently, there are thirty homes for sale in Estancia. They are a mix of the La Scala homes, which are centrally-located villas and form a little enclave within the community, and custom homes and estates.
Asking prices range from $1,250,000 for a La Scala home to $8,995,000 for a custom estate.
As of this date, there are no pending home sales in Estancia.
2012 ESTANCIA HOME SALES
Here are Estancia’s real estate sales figures for 2012. There were a total of seven home sales in 2012 ranging from just under one million dollars to over five million dollars. Sales activity was up in Q2, as we saw in all of Scottsdale, and again in Q4 as many people purchased before year’s end.
As you can see, Estancia buyers did get larger average percentages off asking in 2012. In fact, some home sales saw more than a 30% discount off of list price.
The highest priced sale in 2012 was a custom estate with five bedrooms, seven bathrooms and 7,000 square feet. This home with amazing views sold with an adjacent .85 acre lot. It had been listed for $6,595,000 and sold for $5,350,000 in 76 days, which is quite fast for a home in this price point.
The least expensive Estancia home sale in 2012 was a La Scala home, built in 1999. It had three bedrooms, three bathrooms and 3,450 square feet. It had been listed for $1,100,000 and ultimately sold for $935,000.
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Disclaimer: Information herein deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 2/19/2013 and can change at any time. The analysis looks at residential home sales activity in Estancia Club in Scottsdale, Arizona. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2013 Heather Tawes Nelson
