Location: Phoenix, Arizona
Square footage: 11,474 square foot
Bedrooms: 8 bath
Bathrooms: 8 bed
Realtor / Broker: Deanna Peters of Homesmart
Phone: (480) 250-5675
Office Location: 8388 E. Hartford Dr., #100 Scottsdale AZ 85255
The primary residence built by the President of Gosnell Builders just hit the market. Gosnell built the three Pointe Resorts in Phoenix: The Pointe at Squaw Peak, The Pointe at Tapatio Cliffs and the Pointe at South Mountain.
It comes with a unique opportunity for a buyer.
The estate sits amongst neighbors with homes up to $15,000,000. It has a resort feel all the way through, especially in the backyard oasis. It feels like you’re at a Pointe resort!
An 11,474 square foot mansion with 8 bedrooms and 8 bathrooms, 11-car garage with a 43-foot RV garage, on an acre + of land. The backyard is a resort in its own with a giant heated pool and spa that seats 8, a swim up bar and a fountain in the pool.
An expansive outdoor kitchen and BBQ under a gazebo with a pizza oven. A putting green and sand trap, outdoor fireplace, conversation area near a fountain, and lots of covered patio space.
“Springtime brings new inventory to the market, and buyers are waiting for these types of homes which rarely hit the market”, says Deanna Peters, one of the listing agents for the mansion. She expects it to be snatched up quickly.
“The next owner for this home may want to do some updating in the interior and the owner has plans to turn this mansion into a timeless Mediterranean estate with a targeted ARV of over $11,000,000. And this is where the unique opportunity comes in.”
The owner has consulted with a custom home builder and well-known designer ready with plans and ideas for a new owner to customize the interior further. Parsons Design Build, LLC has built over 450 custom homes and their owners are particularly excited about being hired by the new buyers to do the updating of the interior of this home.
Judi Testani of testani design troupe, inc. who is the designer for many well-known establishments like True Foods and Culinary Dropout, The Henry and more, is ready to create a timeless Mediterranean theme.
“We were planning to move ahead with the remodel and decided to wait for a buyer to choose what they want, and sell the house as-is. There are several options we want to customize for the new buyer”, says Sean Parsons, a principal in the Company.
Plans include renovating the kitchen and moving it to the front of the home, filling in some levels, moving a stairwell and creating three master suites, with one upstairs. And of course, the new interior design.
“Creating an indoor – outdoor experience is something we do well, and it’s a compelling reason to have a home in Phoenix”, says Parsons. Phoenix attracts a lot of second home buyers and vacationers.
The home is currently used as an Aibnb pulling in over $500,000 in revenue so it would really pay for itself and be an easy investment for someone wanting it as a second home and investment opportunity.
The home is close to the Arizona Biltmore Hotel a long-time favorite resort enjoyed by celebrities and the elite for over 100 years. This estate has amenities galore and so much garage space for all the toys one could want. The home extends an entire block square facing on Valley Vista Lane with north/south exposure.
Close to the Phoenix Mountain Preserve and Camelback Mountain, just blocks away from miles of hiking and biking trails. “This is a house you’ll want to see immediately” says Peters, who expects offers the first week it hits the market. This home is a resort of it’s own.