Special offer

Luxury Biltmore Condo for Sale in Phoenix – Fairway Lodge

By
Real Estate Agent with HomeSmart Elite, Scottsdale AZ

Luxury Biltmore Condo for Sale in Phoenix, Arizona – Fairway Lodge – Not in MLS -- $988,000 -- 2 Bedrooms + Den, 2.5 Baths, 2,696 Square Feet

For more information or to arrange to see this property, please call 480-518-4049 or visit my web site, BiltmoreScottsdaleHomes.com

Note: This property is now sold, priced not disclosed but reportedly below $675,000.

Because the developer has signaled his willingness to significantly lower the price of this Luxury Biltmore Condo for Sale in the Biltmore area of Phoenix, it offers a tremendous opportunity for a seriously smokin’ deal. First take a look at this virtual tour to get a sense of the style and quality of the place:

As you can see, this Luxury Biltmore Condo for Sale is high-end in all respects. But it also has a couple of features that set it apart from the rest of the units in the complex.

First, there is a beautiful, brick-paved, meandering patio along the entire width of this Luxury Biltmore Condo for Sale, running all the way from the kitchen/dining/great room to the master bedroom. Not simply a rectangular attachment to the building, this interesting shape follows and hugs the angular lines and indentations of the exterior. In addition, the whole thing is attractively landscaped and fenced, which not only adds privacy but if you happen to have a dog, it means your pet can have quick access to the outside. As many dog owners know, this is not commonly available in a condo, even on the ground floor, and its lack can often be quite inconvenient.

Patio

Second -- and this is the reason this Luxury Biltmore Condo for Sale can be bought at such a jaw-dropping price -- one room of the unit (the master bedroom) is adjacent to part of a down-ramp which residents use to enter the underground parking garage. You would think that the developer would anticipate possible buyer resistance to this and show the unit with a bit of screening to diminish it, but nothing of the sort is provided. In my opinion, and others concur, a simple array of potted plants could virtually neutralize this potential flaw, and would be attractive to see as well.  

Master Bedroom

Ah well, this is just the sort of leverage that a knowledgeable buyer prays for. The asking price for this Luxury Biltmore Condo for Sale is $988,000, or $366 per square foot, representing an appropriate starting point for negotiating a discount off the typical price of units in this complex (for comparison, a ground-floor unit recently sold for $357 per square foot.)  But during promotional periods the developer has temporarily offered this unit for less than $800,000 (under $297 per square foot), and I’m confident a serious buyer could reach a deal at an even lower, much more compelling price. Very confident.

Fairway Lodge at the Biltmore is a new, upscale condominium development on Biltmore Estates Drive, within a few steps of the Arizona Biltmore Resort and Spa, overlooking the Biltmore’s Adobe golf course and the downtown Phoenix skyline. The complex offers a spectacular infinity-edge pool and spa with private cabanas, a fitness center with the finest cardiovascular and weight equipment, a light-filled two-story reception and club room with plasma TV, caterer’s kitchen and climate-controlled wine cellarage, and is adjacent to a 30-mile path for biking and jogging.

Club room

Fitness

For financing information for this Luxury Biltmore Condo for Sale, please contact the top-level professional I recommend without qualification, Rob Kanyur of Nova Home Loans. He can be reached at 602-361-1587, or by visiting his web site at www.RobKanyurCanDoMortgages.com.

Nova Home Loan logo

For further information on this Luxury Biltmore Condo for Sale please contact Merrill Moss at 480-518-4049.

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Connie Lou Barnett
Real Living/Home Realty - Owensboro, KY
GRI,CRS,CRB,SRMM,ARA,PRS,SFR,QSC

Hi Merrill,

    Great condo with all the amenities! Wishing you much success in 2010.

Connie Lou

Jan 03, 2010 08:21 AM
Mandy Beckett
William Raveis Realty - Newtown, CT
e-Pro,SFR

Merrill,

Great pic's. Best wishes in selling : )

Jan 03, 2010 11:11 AM