Archive for the 'Scottsdale Real Estate' Category

Sierra Reserve Sold

On March 10, 2014, Mr. Bob Parsons purchased the 223-acre parcel of land known as Sierra Reserve, which is directly adjacent to his recently acquired Scottsdale National Golf Club. This acquisition affords Mr. Parsons the flexibility to achieve his objectives and goals for the Club. He very recently made the offer to purchase the land with terms and conditions that were carefully considered and ultimately approved by the Reserve Development partners.

While we are definitely disappointed that Sierra Reserve will not be developed, we are extremely grateful for the widespread enthusiasm that the community had for our vision. We also want to take this opportunity to express our sincerest gratitude to our prospective buyers, the real estate community, our vendor partners and members of the media for your time, interest and support, and to our incredibly talented team for the hard work, dedication and commitment to making Sierra Reserve a truly one-of-a-kind place to live.

AZ Central – 3 cool things about your Scottsdale neighborhood – DC Ranch


DC Ranch

This master-planned north Scottsdale development rises up out of the Arizona land and around untouched plant life, enhancing the surrounding upper Sonoran Desert.

Where it’s at: Roughly the border is Pima Road on the west, Legacy Boulevard to the south and Cattle Whip Drive to the north. The eastern border is the McDowell Mountains.

The character of residential and mixed-use blends seamlessly into the foothills of the nearby McDowell Mountains.

Jeremy Stevens, communications manager for the DC Ranch Community Council, said the development is not like the rest of the Valley.

“Our community is unique because there are limitations to what we can and can’t develop. You won’t find palm trees or citrus trees in DC Ranch because they are not native species to the area,” Stevens said. “We embrace the natural beauty of the north Scottsdale desert and hope to be good stewards of this rare environment.”

Three cool things about the neighborhood:

Market Street. It all begins and ends at Market Street in DC Ranch. It’s where nearby residents run into each other and conversation starters like, “Good to see you,” and “How’s your brother?” occur in parking lots and at grocery store sliding glass doors. The mixed-use gathering place, near Pima Road and Thompson Peak Parkway, is home to a number of offices, classy restaurants and unique boutique retailers. There’s an air of sophistication at Market Street, where even the Barista is a bit more cosmopolitan than the average Joe. Enjoy an omelet at the Breakfast Joynt or if you’re a new parent check out the newborn threads at Baby Lux.

Homestead Playhouse. Arts and Theatre Coordinator Molly Kurtz said the Homestead Playhouse at the Homestead Community Center, was built as part of the center to host youth theater. Launched by the DC Ranch Community Council, she said the Playhouse was created in response to interest in and demand for performing arts programming in and around DC Ranch. Since it opened in 2006, the Playhouse has produced 18 productions, including a number of musicals. Kurtz said the vision of The Homestead Playhouse is to create masterpieces together where individuals emerge through the magic of performing arts. The Playhouse is located in the Homestead Community Center, which serves as a gathering place for private resident events, as well as weddings, meetings, conferences and summer camps. Speaking of gathering places, if Market Street is where local residents randomly run into each other, the Homestead Community Center is where they get to know each other better. The 7,000-square-foot community center on 4 acres is open to residents of DC Ranch.

Hiking. DC Ranch’s backyard is the McDowell Sonoran Preserve. For residents on the southern end of the development, the preserve is a short walk to the Horseshoe and Desert Park trails, which offer full access to the park. For everybody else, the Gateway Access Area to the the 30,200-acre McDowell Sonoran Preseve is a short drive. The preserve’s roughly 5-mile Gateway Loop Trail, is one of the most popular hikes in the Valley. The trail head opened in 2009, with parking, restrooms and a wheelchair-accessible nature trail. The loop offers stunning views of the northeast Valley and the McDowell Mountains, as well as cacti forests and diverse wildlife.

If you are looking for a home in the DC Ranch area click here..

AZ Central – 3 cool things about your Scottsdale neighborhood – McCormick Ranch

McCormick Ranch

Built from 1972 through the 1990s, this upscale neighborhood in central Scottsdale is considered to be the city’s first master-planned community.

Where it’s at: Generally, the boundaries run from Shea Boulevard south to Indian Bend Road, and from Pima Road west to Scottsdale Road.

McCormick Ranch actually is made up of more than 60 subdivisions, as well as the McCormick Ranch Center, a mixed-use development with condominiums east of Pima Road, according to the McCormick Ranch Property Owners Association.

Nearly 27,000 residents live in 8,900 houses, apartments and condominiums on 3,100 acres, which is nearly 5 square miles.

Three cool things about the neighborhood:

Who lives there. The community is or has been home to several notable residents, including former Scottsdale Mayor Mary Manross, state Historian Marshall Trimble and actor David Spade, according to Alexandra Duemer, founder and editor of McCormick Ranch Lifestyle magazine.
Its proximity to amenities. The neighborhood is surrounded by lakes, parks, resorts, eight shopping centers, golf courses and, of course, the popular bike paths that connect to the Indian Bend Wash greenbelt.

Its name, which comes from Fowler and Anne McCormick, who bought the 160-acre working ranch in 1944 and expanded it over the years. Fowler was the grandson of John D. Rockefeller. Anne McCormick, a lover of Arabian horses, died in 1969 and the ranch was sold to Kaiser-Aetna. The McCormicks also donated 100 acres of land to Scottsdale, of which 30 acres became the McCormick-Stillman Railroad Park (above). Guy Stillman, Anne’s son, drove the creation of the park at Indian Bend and Scottsdale roads.

If you are looking for a home in the McCormick Ranch area click here..

AZ Central – 3 cool things about your Scottsdale neighborhood – Scottsdale Ranch


Scottsdale is a diverse patchwork of locales and districts all its own, each with its separate, distinct style and character.

And no matter where you live in in the city, chances are there are at least a few things that are, well, “cool’’ about your neighborhood.

Take a look at the neighborhoods that make up the social and residential landscape of Scottsdale, and check back each week for new additions.

In a city that stretches more than 30 miles from north to south like Scottsdale, there are bound to be a lot of cool things in the many different neighborhoods that make up the character of the city.

Scottsdale Ranch
Talk about attention-getters.

It’s impossible to miss a master planned community when it is 1,100 acres and it’s located smack dab in the middle of Scottsdale. Oh, and smack dab in the middle of that is a 42-acre private lake.

That’s Scottsdale Ranch.

But you’ve probably heard of it, driven through it and shopped near it.

Where it’s at: Scottsdale Ranch is bordered by Shea Boulevard to the north, the Salt River Pima-Maricopa Indian Community to the south, 96th Street to the west and as far as 112th Street to the east.

Three cool things about the neighborhood:

Lake Serena. Kayaks, canoes and fishing. Executive Director Kathe Barnes said residents of Scottsdale Ranch have access to their own personal lake. If you are of the nautical breed, this community is for you. The centerpiece of Scottsdale Ranch is Lake Serena. She said the eco-friendly, private body of water features more than 5 miles of shoreline. Anglers can have their fair share of Lake Serena as well. Barnes said residents who love to fish can always rely on the lake to be fully stocked with bass, catfish, blue gill, white amur, carpe and croppie.

Holiday Social & Boat Light Parade. This has become a signature event in the nearly 20 years it has been in existence. Each holiday season, resident-decorated pontoon boats form a parade that lights up Lake Serena, while onlookers partake in complimentary desserts, wine, beer, hot cider and coffee. Even Santa Claus shows up for photos with the kids. Residents vote for the best-decorated boats, and prizes are awarded to the top three.

Location. Scottsdale Ranch is within miles of a number things to do in the city. Nat Handler, president of marketing firm Vendara Group LLC, has lived in Scottsdale Ranch on and off for the past 10 years. He said he lives next to pretty much anything he could want, including restaurants, shopping, entertainment and culture, including the Musical Instrument Museum and Butterfly Wonderland. There are also community programs available nearby at the Boys and Girls Clubs of Greater Scottsdale Virginia G. Piper Branch and Via Linda Senior Center, as well as public recreation at the Scottsdale Ranch Park and Tennis Center. “It’s very centrally located to parts of the Valley that appeal to me,” Handler said. “Everything is at my fingertips. There’s no need to venture out once I get home.”

If you are looking for a home in the Scottsdale Ranch area click here..

Phx Biz Journal – OdySea Aquarium planned near Scottsdale on Salt River land


The group behind the Butterfly Wonderland near Scottsdale plans to break ground this summer on a new large-scale aquarium project that’s being dubbed as “Sea World meets Disneyland.”

Construction on OdySea Aquarium is slated to begin this summer off Loop 101 and Via de Ventura Drive on tribal land next door to the Butterfly Wonderland attraction that opened last year. The 200,000-square-foot aquarium will include 2 million gallons of water for its numerous exhibits and myriad species.

“OdySea Aquarium is a unique kind of attraction that will change how marine life is looked upon by the general public,” said Amram Knishinsky, one of the principal partners on the project.

Guests will be able to travel up and down escalators and elevators surrounded by transparent acrylic tubes and sides, allowing them to view the marine life as they travel through the two-story attraction.

Even the bathroom fixtures such as the counters and sinks and commodes will be built to provide views into the shark tanks, Knishinsky said.

“If you go to the bathroom, you come out and you’ll say to your friend … you gotta go see the bathroom,” he said. “Nobody would have ever thought of something like that. We have an opportunity to deliver that.”

Unlike Sea World, OdySea will not feature mammals, Knishinsky said, but will feature more than 1,000 marine species. Also, the aquarium will have trained penguins perform parades daily in a public square-type setting.

OdySea Aquarium is the third stage of a $175 million project that began with construction of Butterfly Wonderland and continued with OdySea Mirror Maze on the same parcel of land owned by the Salt River Pima-Maricopa Indian Community.

Phx Biz Journal – Shea Scottsdale retail center sold to Turf Paradise owner for $44.5 million


Turf Paradise owner Jerry Simms has forked over $44.5 million for a large Safeway- and CVS-anchored retail center in the heart of Scottsdale, according to a statement today from the Phoenix office of Cassidy Turley.

The Shea Scottsdale retail center is situated at the northeast corner of Shea Boulevard and Scottsdale Road, one of the busiest intersections in the area. The transaction included all freestanding structures, including Wells Fargo and MidFirst Bank branches, Jason’s Deli, Arby’s and McDonald’s, which is located on the same slab that once housed Devil’s Martini.

It was only 5 percent vacant at the time of sale, while similar neighborhood retail centers in Scottsdale posted an average vacancy rate of 12.4 percent during the fourth quarter, according to Cassidy Turley research.

The sale, which closed escrow Wednesday, was the result of an unsolicited offer by Simms, said Michael Hackett, an executive managing director of Cassidy Turley who helped represent the seller.

“He approached us with a 1031 Exchange from the sale of property he had in Beverly Hills,” Hackett told me.

Los Angeles-based Karlin Real Estate, the seller, purchased the property in October 2011 along with the neighboring retail center to the east, dubbed Shea Scottsdale East, which is anchored by the Harkins Shea 14 movie theater and includes Pita Jungle and the infamous Amy’s Baking Co. Karlin paid $50.32 million total for the two properties, which were a combined 277,253 square feet.

Simms actually wanted to buy both retail centers, but the numbers penciled out better to only buy one, at least for now, Hackett said. So Karlin is still the owner of Shea Scottsdale East, which Simms may buy sometime down the road.

AZ Biz Journal – Changes at Parsons’ new course could impact home builders

The Scottsdale National Golf Club may sit alone on a patch of desert in far North Scottsdale, but it won’t have solitude for long.

The course will be joined by roughly 1,000 homes as part of three nearby developments — Sierra Reserve, Sereno Canyon and Reata Ranch. Experts have mixed opinions about how Bob Parsons’ new invitation-only plan for his recently purchased private golf course will impact the area.

Sierra Reserve, Lyle Anderson Cos.’ latest proj­ect, is moving fastest. It abuts Scotts­dale National at 122nd

Street and Dynamite Boulevard. The project — which calls for more than 250 high-end homes …

AZ Central – Scottsdale estate is the priciest home on the market.


An almost 30,000-square-foot estate on 17 acres in north Scottsdale’s luxury community Silverleaf went on the market last week. The asking price: a cool $32 million.

That makes the property, complete with guard-gate house, pool house and guesthouse, the priciest home on the market in Arizona.

The Tuscan-Mediterranean-style mansion, built a few years ago, also comes with 14 fireplaces and 17 waterfalls and other aqua features.

For the sporting buyers, it has an indoor sports court and two indoor shooting ranges – one for guns and another for bow and arrows. The estate also has two large, swimming pools, and an arcade in the pool cabana.

The property is owned by Seth Koppes, co-founder of St. Louis-based Bancorp Services, according to

Lisa Wadey of Russ Lyon Sotheby’s International Realty has the listing for the estate and doesn’t think the price tag is steep.

“It’s well worth $32 million,” she said. “This is 17 acres in the high desert with views of the city, privacy and the serenity of living in Silverleaf.”

Silverleaf is a gated community in developer DMB’s DC Ranch community.

Metro Phoenix’s luxury home sector is rebounding and actually doing better than the more affordable end of the housing market.

Arizona State University W.P. Carey School real estate analyst Mike Orr said sellers of single-family homes worth $500,000 or more are in luck now.

“With the stock market doing well and jumbo loans readily available, that segment of sales grew 14 percent from November 2012 to this past November,” he said.

Overall home sales were down almost 30 percent in November, according to ASU’s business school.

Some other features of the 30,000-square-foot estate:

-The main house has 22,000 square feet, five bedrooms, an office, movie theater, wine tasting room with humidor and an eight-car garage.

- The guardhouse includes a bedroom, bathroom and kitchenette.

-The guesthouse comes with two bedrooms with in-suite bathrooms and walk-in closets.

-Accordion doors open up from the main living room to overlook one of the swimming pools with a complete view of downtown Phoenix.

-The kitchen has two butler pantries and copper inlays on the floor.

“Many people who bought smaller second and third homes in the Phoenix area are finding they want to spend more time here in larger houses,” said Wadey.

** If you are looking for a custom home in Scottsdale click here..

The Holm Group – Prudential Arizona Properties 2014

Based in Scottsdale Arizona, The Holm Group is a nationally recognized team of real estate specialists and a valued member of the Prudential Real Estate Network since 2002. Our mission is to provide the most professional, informative, reliable and dedicated service in the industry. The best interests of our clients will always come first and we will place the clients’ concerns ahead of our own in each and every transaction, as we are dedicated to the development of long-term client relationships! Our team-approach philosophy ensures your needs are important to each and every member of our organization throughout the transaction.

•Our team approach assigns each buyer to a buyer specialist in your specific area within 24 hours of registering with our website/team that will assist you all the way through the buying experience
•Access to proprietary tools and data analysis via our MLS and mapping technologies.
•Access to listings, short sales and foreclosures before they are available to the general public.
•Work with the industry’s best when it comes to: property identification, short sale negotiations, contract negotiations, investment property analysis, just to name a few.

•Unparalleled exposure on all major search engines including: Google, Yahoo, MSN, Bing and Ask.
•Over 160,000 visitors in 2012 and 10 websites directing potential buyers to your property.
•Customized internet and print marketing campaigns that are second to none in our industry.
•Exclusive agreements with providers like: Google, Frontdoor, Zillow, Trulia, Yahoo and to help drive qualified buyers towards your property.
•If you are relocating to another area you can work directly with one of our team members on the Prudential Relocation Network to assist you with all of your relocation needs.

The Holm Group (Scottsdale AZ):
•Prudential Arizona Properties – Thousands of agents and hundreds of offices in our network.
•Complete commercial as well as residential (single and multifamily) representation.
•Servicing all of Arizona, in addition to corporate and personal relocation services nationwide.
•Proprietary network of exclusive top rated service providers and associated vendors.
•Over $85 million in closed transactions and counting
•6 full time licensed team members to assist you personally with all of your real estate needs.

Below you will find a few of our award winning and recognized team members:
o Andrew Holm – ABR, Certified Distressed Property Expert, Luxury Home Specialist
 Chairman’s Circle – Top Individual Gross Commission – Top Sales Volume
o Carlene Krahn (buyer’s agent) – ABR, eCertified and Short Sale Certified
 Prudential Leading Edge Society Award
o Shelley Baardsen (buyer’s agent) – CNE,e-PRO and Short Sale Certified
 Prudential Leading Edge Society Award
o Barbara Smolenski (buyer’s agent) – ABR, SFR, CSSN and eCertified
 Relocation Customer Service Award and eCommerce Top Producer
o Gregg Smolenski (buyer’s agent) – ABR, SFR, and eCertified
 Relocation Customer Service Award and eCommerce Top Producer

The Holm Group offers EXCLUSIVE online search tools to help you “see” the Valley of the sun like never before. Our state of the art mapping and MLS real estate technologies, as well as our dedicated buyer’s agents will assist you in finding the right property faster than ever before. Take the first step and register or call The Holm Group today 480-206-4265.

Interested in buying a home in McDowell Mountain Ranch?


Welcome to McDowell Mountain Ranch, or The Ranch, as it is known by homeowners and local businesses. The Ranch is an award winning 3,200-acre master-planned community nestled in the foothills of the McDowell Mountains in northeast Scottsdale where the natural beauty and serenity of the mountains, along with the unique ecosystem of the Sonoran Desert makes for an ideal backdrop for Homes for Sale in McDowell Mountain Ranch Scottsdale.

This community, which was first conceived in 1992 and then opened to the public in 1995, is made up of 26 distinct neighborhoods, built by 14 different builders, and comprises almost 4,000 homes. Over $130,000,000 was spent on infrastructure and site improvements which included miles of paved and natural trails, a narrow-cast cable TV station, a Community Center, the McDowell Center, two heated pools and spas, children’s playgrounds, tennis courts, picnic and green areas.

In addition, the community offers a wide variety of social and physical activities for residents of The Ranch including an impressive and growing calendar of events which includes 25 clubs reflecting varied interests, a wide variety of children’s activities, plus numerous community-wide events, classes, and deeply discounted excursions.

The Ranch sits adjacent to the McDowell Sonoran Desert Preserve and is home to such publicly funded assets as the Desert Canyon School Campus, the Scottsdale Arabian Library, a Scottsdale Citizen’s Service Center, WestWorld and the Sanctuary Golf Course. And, if that is not impressive enough, the city will soon be breaking ground on an expansive aquatic park and eventually on a gateway center for the McDowell Sonoran Preserve.

If you are a first time home buyer you can pick up a 1200 sf home for roughly $200k. If you are a looking for something a bit larger, Mcdowell Mountain Ranch also offers custom homes.

**Windgate Ranch – A brand new masterplanned community by Toll Brothers Sales start as of 2006 via a lottery. Call me to find out more on updated pricing as well as the lottery process.

The lifestyle you have longed for…the lifestyle you deserve…awaits you at Windgate Ranch by Toll Brothers, where the good life is your way of life. Nestled in the foothills of the magnificent McDowell Mountains, it’s a spectacular community in the High Sonoran Desert where emphasis is placed on an active family lifestyle.

Windgate Ranch is a breathtaking master plan which offers exciting amenities, exquisite residential choices and a fabulous lifestyle. Inspired by the best in Southwest living, the community reflects a touch of Old-World Spanish hacienda-style architecture, inviting courtyards and romantic balconies. As a homeowner in Windgate Ranch, you’ll enjoy a casual yet elegant Southwestern lifestyle.

Whether you are buying or selling a home in the McDowell Mountain Ranch area or looking for a new home in Windgate Ranch, The Holm Group is here to assist you. The Holm Group represents both buyers and sellers throughout Scottsdale and surrounding areas. Whether it’s a custom home, luxury home, town home you can rely on The Holm Group to ensure a smooth and successful transaction. Remove the stress from buying or selling and let The Holm Group assist you today.

August 2014
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