Fountain Hills, AZ real estate can be a wonderful investment. Not only are there a number of incredible luxury homes for sale (25+ homes over a $1 million currently available), but many of these homes are on or near golf courses, parks, or reserves. Fountain Hills AZ real estate has its own list of perks, but it’s also just minutes from Scottsdale and offers easy access to all the amenities of Arizona’s most affluent suburb with less bustle.
Renters Vs. Owners
While the median rent for the end of 2016 was $2,500 in Fountain Hills (the same as nearby Scottsdale), there are few renters here. A whopping 94% of residents are homeowners (compared to 81% in Scottsdale), despite the fact the 26% are single residents.
Living in Fountain Hills, AZ
Crime rates are incredibly low in Fountain Hills. According to Trulia, only a handful of crimes were reported in the last year. At least one elementary, middle, and high school in Fountain Hills is rated as 9 out of ten in terms of quality, and around 53% of residents are college educated. 96% of Fountain Hills residents drive cars on their commute to work.
Where’s the Luxury?
While much of Fountain Hills boasts a median listed home price in the $500,000’s, that number jumps to just under $1 million in the southernmost part of the city. This is also where the highest rental prices are. Overall, the median home sales price of $339,000 is lower than nearby Scottsdale ($408,000). You won’t have to sacrifice space for those savings, however, as the average price per square foot in Scottsdale is $207 and in Fountain Hills it’s just $184. To balance lower home costs with proximity to all the amenities of Scottsdale, buying luxury real estate in the southwest corner of Fountain Hills is ideal.
Luckily, Viento Point in the affluent Crestview community fits the bill perfectly. This contemporary estate offers rare 360-degree views of 14 mountain ranges, including Camelback, the city lights of Scottsdale and Phoenix, and the Sonoran Desert. Fine details like 24” travertine tile flooring, 25’ long, floor-to-ceiling sliding pocket hideaway windows in the formal living room, and one-of-a-kind hand painted murals offer elegance, while the 50’ x 50’ infinity edge swimming pool, opulent master suite, and impeccable chef’s kitchen boast unmatched luxury. And the best part? This fabulous piece of Fountain Hills real estate will be available at a luxury no reserve absolute auction on February 2nd, 2017. To claim your seat, contact us or call Supreme Auctions at (866) 929-2243 today.