What’s Ahead For Mortgage Rates This Week – August 1, 2016

Currently under construction with an anticipated completion date in Q2 of 2024 - Experience unmatched elegance in this Patterson Homes estate, with 7,299 square feet of modern living on a flat acre. Featuring 5 en-suite bedrooms, a luxurious half bath, an office with fabulous mountain views, a state-of-the-art theater, a large secondary kitchen, and a home gym with views of the resort-like yard, complete with sun deck, raised spa, play pool, lap pool, and bocce court. The 4-car garage and expansive indoor/outdoor living areas offer majestic Mummy Mountain views. Every detail reflects the pinnacle of design, luxury, and modern living. Additional details available upon request.

Views! Views! Views! This home is located on an elevated lot at the end of the cul-de-sac on one of the most beautiful streets in Paradise Valley! 360-degree views with different mountains out of almost every room in the house. No details were spared to create this amazing oasis in the desert. Souring 18-foot coffered ceilings in both the great room and adjacent game room both with huge exterior pocket doors making your indoor and outdoor areas become one! Chef's kitchen, butler's pantry, gorgeous views of the McDowell Mountains from the office and formal dining room. Huge gym with exterior pocket doors opening the entire wall providing stunning views of Mummy Mountain! The Master Bedroom has unmatched views of the Phoenix Mountain Reserves. Huge his and hers closets and a spa like Master Bath including dual water closets, steam shower, 11-piece shower set, the list goes on and on! Step into your resort like back yard and you will be surrounded by mountain views in every direction. A huge pool and spa with attached sunken firepit. At the end of the pool is an outdoor dining/lounging area with stunning stone water feature and 360-degree mountain views! This is a one-of-a-kind property. Homes with this level of quality, detail, privacy and views rarely come on the market. Construction is scheduled to be completed by June of 2024.

Boasting nearly 10 acres of land, this gated estate includes a stunning Spanish-style main house, a full equestrian facility, an entertainment pavilion with attached theater, 2 standalone casitas, 2 staff apartments & a 1200 sqft multi-use building. The 5,950 sqft main home was renovated in 2021. Vaulted, wood beamed ceilings, engineered hardwood floors & statement luxury light fixtures through-out the home. The primary suite presents a seating area, balcony & spa worthy ensuite. The backyard has an outdoor kitchen, a heated pool, spa & putting green. The 5,000-SF, entertainment pavilion has a game room, full bar, kitchen, gym, yoga studio & 3rd-level deck with 360º mountain and city views. The equestrian facility encompasses 15 stalls, 2 arenas, 3 turnouts & 2 RV parking.

Step into a realm of refined French Mediterranean architectural grace! This extraordinary estate has undergone a tasteful rejuvenation in 2023, seamlessly blending antique European architectural elements for enduring allure. Spanning over 7300 square feet, this home boasts an array of amenities, including four bedrooms, five bathrooms, an office, billiards room, craft room, roof deck, and a three-car garage with ample guest parking. Explore the enchanting grounds, featuring four distinct courtyards, a vegetable and herb garden, eight fireplaces, a fire pit, private heated pool, and a wine cellar capable of housing up to 5000 bottles. Satisfy your culinary desires in the impeccably designed kitchen, outfitted with top-of-the-line Wolf appliances, such as a six-burner plus griddle, double oven range, steam oven, and Sub-Zero refrigerator and freezer. Elevate your mornings with the Miele in-wall espresso system and coffee cup warming drawer in the dedicated coffee station.Adjacent to the kitchen, the butler's pantry awaits to streamline your entertaining endeavors, conveniently located between the kitchen and dining area. Enjoy gatherings in the formal dining room, graced with elegant features, including a private courtyard view and seamless access to the wine cellar. Retreat to the sanctuary of the primary suite and revel in the breathtaking views of the lush grounds, private patio, and charming bench window nook. Indulge in a luxurious oasis within the primary bathroom, boasting a spacious walk-in shower, standalone tub, double vanities, and separate closets offering ample storage space. A spacious living room beckons for gatherings, while a billiards room offers leisure and enjoyment. Two inviting bedrooms, each with walk-in closets and scenic mountain views, complete the picture of comfort. From the Venetian plaster walls to the rough-hewn ceiling beams, every corner of this home exudes timeless elegance. Adorned with a Redlands 5-tone clay tile roof featuring exquisite detail and custom European millwork throughout, the exterior radiates charm. Welcome to a residence where luxury meets artistry, and every moment is infused with sophistication and comfort.

The Mustang residence is nestled on 4.7 acres with breathtaking 360-degree mountain views. Facing southwest, this residence perfectly captures the tranquil surroundings, offering a seamless blend of indoor-outdoor living on a single-level split floorplan. The warm and organic material palette, features stone, wood, steel, and glass. The heart of the home unfolds as you step inside, revealing an open living, kitchen, and dining space. This central hub is designed for both relaxation and entertainment, with the flexibility to open the floor-to-ceiling pocket doors during the season. The outdoors is an entertainer's dream, boasting an infinity pool that seemingly merges with the horizon, set against a backdrop of majestic mountains. Descend from the deck to enjoy an outdoor lounge centered around a fire pit creating the ideal setting for relaxed social gatherings. The rooftop, immersed in the saguaro forest, invites you to experience everyday magic during the golden hour or revel in solitude under the stars. In this home, every detail has been meticulously crafted to provide a sophisticated and harmonious living experience. Welcome to Continental Mountain Estates, where modern luxury meets the Old West.

Seller willing to consider a seller carry at a 5.50% interest rate with 30% down and a 2 year balloon payment. Nestled in the prestigious Paradise Valley Farms community of Scottsdale, this magnificent 7,915 square-foot modern masterpiece sitting on over an acre of land redefines luxury living in the heart of the Arizona desert. This new construction home built by TINKER Development and designed by Holly Wright Design, features 7,110 sq/ft in the main house and 805 in the fully detached guest house, and showcases architectural brilliance with its sleek lines, expansive windows, standing seam metal roof and cutting-edge design. From the rift oak cabinetry, to the European white oak flooring, to the 60+ slabs, and the recessed baseboards, every detail was thought of and no corner was cut making this home the epitome of modern opulence and sophistication. Upon entering, you'll be greeted by a soaring foyer that leads to an open-concept living space with 24' ceilings in the great room. The expansive layout seamlessly connects the living room, dining area, and gourmet kitchen, creating an ideal environment for both intimate family gatherings and grand-scale entertaining. The chef's dream kitchen with fully appointed back kitchen boasts all Wolf and Sub Zero appliances with a 60 dual over range, Steam Oven, 3 dishwashers, both rocks and sonic ice makers, in wall water filler, Miele Coffee Maker, 36 fridge and 36 freezer in main kitchen and Sub Zero fridge with glass front in the back kitchen. The master suite is a private sanctuary, featuring a spa-like bathroom, his and hers fully appointed closets, and a 20' wall of automated retractable glass from the master shower that leads out to a private retreat with water feature. Three additional en-suite bedrooms in the main home and one in detached guest house offer luxurious accommodations for family and guests. Host movie nights in the state-of-the-art theater, wine enthusiasts will delight in the climate-controlled wine cellar, and fitness enthusiasts will appreciate the private gym. Step outside to an outdoor oasis and relax with the resort-style back yard featuring a 40'x40' zero edge pool and private spa, along with multiple covered patios with heaters and integrated misting systems, an indoor/outdoor bar area, as well as an outdoor kitchen/dining area with built in BBQ and Smoker, perfect for al fresco dining. Lush landscaping and breathtaking mountain views complete the serene ambiance. Control your home with ease using the latest in CRESTRON smart home technology. The system controls the AV, security and climate systems, shades, all lighting, mister systems, pool equipment, garage doors, driveway gate and the fireplaces. With a gated entrance, advanced security system, and meticulous landscaping, this property offers unparalleled privacy and peace of mind. Paradise Valley Farms is renowned for its exclusivity and tranquility. Enjoy proximity to upscale dining, shopping, championship golf courses, and scenic hiking trails. Top-rated schools are also nearby. This 7,915 sq/ft modern masterpiece is a rare opportunity to own a brand-new furnished luxury residence in one of Scottsdale's most coveted communities. Immerse yourself in the epitome of desert living, where sophistication meets serenity. Arrange a private tour today and make this extraordinary property your desert oasis.

This Posh contemporary home is designed by renowned architect Mark Tate and to be built by Sonora West Development on one the finest remaining lots in Silverleaf. Located in the lower end of the Upper Canyon with rare South facing views of City Lights, nearby and distant mountain ranges and Silverleaf golf course. This home includes 5 bedrooms, office, 6 full and 3 half baths and a 4 car garage. (There is room for a separate guest house and 2 additional garage spaces at additional cost.) The swank Great room, kitchen and Primary suite overlook the stunning city light and mountain views. One of the best values in Silverleaf for a new build home.

Nestled within the secure confines of El Maro's gated community stands a stunningly refurbished estate. As you step inside, you're greeted by panoramic mountain vistas and expansive interiors filled with natural light. An inviting billiards room adjoins the family area and kitchen, ideal for gatherings of all sizes. The formal dining and living spaces offer captivating views of the glistening pool, lush landscaping, sprawling golf course, and mountains beyond. This exquisite home boasts a wine cellar, an exercise enclave, a theater for cinematic indulgence, and a den/retreat with built-in bookshelves and desks. The main house comprises four en-suite bedrooms alongside a sumptuous master suite, replete with balconies, a cozy fireplace, a spa-inspired bathroom, and a lavish closet.... ...Just steps away, a wood-paneled office with awe-inspiring vistas awaits. Additionally, an attached guest casita provides a private haven complete with its own entrance, kitchen, laundry facilities, fireplace, and a separate bedroom with a full bath. The property features a lighted tennis court (or two pickleball courts), a four-car garage, and an elevator, among other refined upgrades, further enhancing the timeless allure of this breathtaking estate.

The Six Shooter residence seamlessly floats in harmony with the natural landscape through carefully selected rustic materials, such as rubble stone, concrete and raw steel. Perched high on the gentle hillside, this home offers panoramic views and ultimate privacy amidst ancient saguaros. The lower 7-car show garage not only serves as a focal point, but elevates the home even higher, transcending the hillside for commanding views. The great room is an open-concept space that seamlessly connects the front terraces with mountain vistas unfolding before you. The private primary suite, strategically hovering above the desert, offers utmost seclusion and astonishing views. The guest wing and lounge open up to the pool and terrace area, creating an oasis for relaxation and social gatherings. A private detached casita is accessed by a small bridge hovering the desert floor, ensuring an enchanting guest experience. In this home, every detail has been meticulously crafted to provide a sophisticated and harmonious living experience. Welcome to Continental Mountain Estates, where modern luxury meets the Old West.

PLANS ARE COMPLETE AND PERMITTED...READY TO START BUILDING NOW!! Modern gem in gated Clearwater Hills on a NON HILLSIDE 1.32 acre lot with spectacular views of Camelback Mountain. Enjoy amazing indoor and outdoor living. Award winning architect Kendle Design, interior designer Dwelling Design and landscape architect Greey Pickett culminated in a masterpiece. Fall in love with the spectacular walls of glass framing the Sonoran desert. Choose your own finishes to your exacting needs or have the home completed with the extraordinary fit and finish completed by the expert design team... all the hard work is done!!! Also available for sale as a lot with permitted plans - MLS # 6647428

WELCOME TO SCOTTSDALE'S MOST EXCLUSIVE GUARD GATED COMMUNITY OF SILVERLEAF! THIS EXQUISITE CUSTOM ESTATE IS SITUATED HILLSIDE IN SILVERLEAF'S UPPER CANYON ON A PRIVATE LOT BACKING UP TO THE MCDOWELL SONORAN PRESERVE BOASTING PANORAMIC CITY LIGHT & MOUNTAIN VIEWS FROM EVERY ROOM IN THE HOME. ENTER YOUR NEW HOME VIA A TREE LINED GATED DRIVEWAY INTO THE EXPANSIVE MOTOR COURT AND ENJOY THE FABULOUS ARIZONA SUNSETS FROM ONE OF THE MANY FINELY MANICURED GARDENS OR SITTING AREAS APPOINTED WITH DELECTABLE SCENTED ROSE BUSHES, FOUNTAINS & FIRE PITS. STEP INTO A WORLD OF GRANDEUR WITH DETAILED SOARING CEILINGS AND AN ABUNDANCE OF NATURAL LIGHT. THIS MAGNIFICENT LIGHT & BRIGHT OPEN FLOOR PLAN BOASTS 7,794 SQUARE FEET. THIS SINGLE-STORY ESTATE EPITOMIZES LUXURY LIVING AT ITS FINEST. DESIGNED WITH AN EYE FOR ELEGANCE AND A TOUCH OF TIMELESS SOPHISTICATION, THIS PROPERTY STANDS AS A MASTERPIECE OF ARCHITECTURAL OPULENCE AND REFINED TASTE. FEATURING 4 EN-SUITE BEDROOMS, 6 BATHROOMS, FORMAL LIVING & DINING, HIS & HER OFFICES, BONUS ROOM WITH WET BAR, EXERCISE ROOM, A QUAINT LIBRARY WITH TIMELESS WOOD FLOORS, RICH WOOD BUILT-IN BOOKSHELVES A COZY FIREPLACE AND A 4 CAR AIR-CONDITIONED GARAGE EQUIPPED WITH CAR LIFTS EXPANDING THE CAPACITY TO 6 CARS, NEW GARAGE DOORS, EXPOXY FLOORING AND A PRIVATELY SECURED MAN-CAVE. THE INTERIOR IS APPOINTED WITH THE FINEST OF FINISHES FROM ITS CANTERA STONE PILLARS & FIREPLACE SURROUNDS TO THE HAND CARVED WOOD CABINETRY. THE GOURMET CHEF'S KITCHEN IS A CULINARY HAVEN WITH STATE-OF-THE-ART APPLIANCES, 2 DISHWASHERS, WARMING DRAWER, QUARTZ COUNTERTOPS, MIELE COFFEE MAKER AND A GENEROUS ISLAND CREATING THE PERFECT SETTING FOR INTIMATE DINNERS OR GRAND GATHERINGS. THE WALK-IN PANTRY IS DESIGNED TO STORE ALL YOUR FOOD ITEMS AS WELL AS DISHES AND FINE CHINA. IMPRESS YOUR GUESTS WITH THE ELEGANT SPACIOUS FORMAL DINING ROOM WHERE THEY WILL ENJOY MOUNTAIN & CITY LIGHT VIEWS THAT WILL CERTAINLY ENHANCE THEIR DINING EXPERIENCE! THE LENGTHY ART GALLERY HALLWAYS ARE PERFECT FOR DISPLAYING YOUR MOST FAVORED ART PIECES. THE MASTER RETREAT IS ANY OWNER'S DREAM WITH A COZY FIREPLACE, HIS/HERS WALK-IN CLOSETS W/LAUNDRY, AND A PRIVATE WORK-OUT OR YOGA ROOM. THE MASTER BATH RIVALS ANY 5 STAR RESORT WITH HIS & HER WATER CLOSETS, STEAM SHOWER & LARGE SOAKING JACUZZI TUB WITH SERENE CITY LIGHT VIEWS. LIVE OUTDOORS IN THIS RESORT STYLE BACKYARD WHERE YOU CAN IMMERSE YOURSELF IN THE TRANQUILITY OF THE PRISTINE & LUSHLY LANDSCAPED GARDENS, MULTIPLE FIRE FEATURES, PUTTING GREEN, INVITING HEATED POOL & SPA WITH A GROTTO WATERFALL, RAMADA WITH ANOTHER FIREPLACE & OUTDOOR KITCHEN AND THE MOST AMAZING SUNSETS! THIS RARE OPPORTUNITY IS A MUST SEE AND IS IDEALLY LOCATED TO SHOPPING, DINING AND THE 101 FREEWAY.

Masterfully positioned overlooking the 9th hole of the Geronimo Golf Course in the Village of Lone Mountain sits an incredible Lee Hutchinson creation. The main house contains 9,065 sq ft along with a separate casita of 2,540 sq ft, all on 2.25 private acres & 3 lots that afford wonderful golf course views along with exceptional sunrise & sunset vitas! Boasting a total of 7 bedrooms and 8.5 bathrooms this property can serve as a private family compound or a perfect home for entertaining large groups of friends. A full golf membership is available with Membership approval. The primary suite is on the second floor and has breathtaking views of the golf course and beyond (There is an elevator in place for upstairs access) A custom designed office is nearby and both locations offer wonderful outdoor balcony space with views! 4 additional ensuite bedrooms can be found on the opposite side of the main property; two are found in a guest suite area complete with a small kitchen and living room area; and two others share a living area w/ built in desk space. Most have doors that lead to outdoor patio areas. The main living area has a wet bar complete with mini refrigerator, ice maker and dishwasher. The 1,200 bottle wine room is conveniently located nearby. The formal dining area contains magnificent sculptured ceiling detail & a built in serving space. The gourmet kitchen has a large island, and an 8 burner Thermador gas cook top, two dishwashers, and a warming drawer. A charming dining area that is right off the kitchen leads to a spacious family room with outdoor patio views on to the golf course. The guest casita has two ensuite bedrooms and a powder room, a great room and full kitchen, laundry facilities and a 3 car garage. (There are 3 powder rooms in total; 2 in the main house and one in the casita.) The entire property is inspired by our natural desert color palette & is filled with rich finishes, furniture grade cabinets, extra thick solid wooden doors, and stylish ceiling detail that is characteristic of the best of our Southwestern decor including rustic vigas, sculptured plaster detail, groin vaulted brick ceilings and inverted saltillo tile with wooden beams. The four car garage in the main house has an extended/tandem bay to accommodate larger vehicles. This Savant smart home also offers an owned solar system. Most of the furnishings & many accessories are available for sale on a separate bill of sale to facilitate a seamless move in situation. This is indeed a special property offering privacy, wonderful golf course and mountain views, and the best of Lee Hutchinson's Southwestern architecture that harmoniously blends into our Sonoran Desert. With the availability of the golf membership enjoy all the amenities that Desert Mountain offers, including but not limited to, 7 golf courses (6 being Jack Nicklaus Signature courses), the award winning Sonoran fitness center and spa where you can also play tennis and pickleball, swim & workout in the gym. There are 20 miles of trails throughout the 8,300 acre community to experience the serenity of the desert. With the aid of advanced technology and top PGA and LPGA professionals the Jim Flick Performance Center will assist in improving all aspects of your golf game. There are 10 distinct clubhouses & grills for dining, and the new Renegade Clubhouse with a fresh contemporary ambiance which will be opening the end of 2023! The fusion of Hutchinson's design and the allure of Desert Mountain creates a living experience that transcends the ordinary, inviting residents to indulge in the pinnacle of Southwestern luxury.