Ten Wine Lofts - New Downtown Scottsdale Living
Downtown Scottsdale developers have underserved a crucial segment of the real
estate buyer population - the condo buyer under $400,000. There’s been a collective cringing at downtown midrise condo prices, which usually start at over $500,000 and move quickly up from there. But the real interest in downtown living is coming from the population that can’t afford those prices.
Enter Ten Wine Lofts (also known as “X Wine Lofts”), whose entry price is $399,900 for a one bedroom (889 square feet) condo. The current incentives (call me for more details - 623-810-1273) make the entry price even more attractive.
The 4-story building (parking on the bottom floor) has all balconies facing outward, with open-air entrances in the interior. The community layout emphasizes the interior courtyard as a gathering place, with a glass-enclosed workout room and community room, pool, spa, firepit and landscaping. And as for location - it’s about the farthest south I’d recommend going, but still on the edge of the downtown action.
Security will be tight (gated parking and secured entrances) without residents paying for a doorman, which could make the Ten Lofts a hit for both winter residents and full time owners. The units aren’t really “loft” like with the exposed ductwork, but the ceilings are high and the living space is open.
The first units should close in January/February of 2008. The entire building is supposed to be completed in late spring of 2008.
Make sure you are adequately represented - call me before you visit the community.
Liz Suto - RE/MAX Integrity REALTORS - 623-810-1273