Tucson real estate : Pinnacle Ridge is a luxury gated community located in the Tucson Catalina Foothills (Swan & Sunrise). The homes in this subdivision were mostly built after 2000.
4311 Pinnacle Ridge just sold for $700,000; $157/sqft. The home was a short sale.
Not the best news for this subdivision that has an average asking price of $201/sqft. Remember, lenders insist on appraising homes before they give buyers financing. Short sales and foreclosures are included in appraisals when determining a home’s appraised value!!!
Here is a comparable market analysis of Pinnacle Ridge going back 6 months. You will see there are currently 4 homes for sale and 2 homes have sold over the past 6 months.
Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley & Marana home sales. Contact Lisa for all your Tucson real estate needs.