The Residences at The Ritz-Carlton, Dove Mountain starts 2011 with significant sales growth
(MARANA, AZ) – January 27, 2011 – Luxury second home buyers are taking notice as The Residences at The Ritz-Carlton, Dove Mountain community is showing significant sales momentum going in to 2011. The first new homeowners will move in this spring, five more home sales totaling over $5 million occurred in December and January, and just last week a custom estate home site was purchased. In addition to rising home sales, signs are clearly pointing in the positive direction as the developer just broke ground on two new beautiful luxury homes that will offer immediate move-in opportunities once complete.
“Buyers are seeing the economy shift and we closed the year on a high note! We have also seen a significant increase in site visits and phone calls from other prospective homeowners,” said Residences Developer David Mehl, “The current market conditions are optimal for those seeking a luxury home with the countless amenities offered by The Residences.”
Recently, The Residences played host to more than 70 of Southern Arizona’s top brokers and real estate agents who came to meet Google Pioneer, Ray Sidney discuss his majority stake in The Ritz-Carlton Golf Club and The Residences and hear about Mehl’s vision for the future of the community. Since the broker event, home tours and sales calls have significantly increased.
So what is it that is drawing in buyers to The Residences? Significant capital infusion, by Sidney, has eliminated all community debt creating lower cost opportunities for luxury Arizona home buyers interested in purchasing the highly-personalized luxury homes or custom estate homesites.
Buyers have raved about the informal, open kitchens, and open floor plans with informal seating areas such as breakfast bars and breakfast nooks. These features allow families to dine together and congregate while cooking and socializing. Most of the design plans have kitchens which are also open to great rooms to allow free flowing movement between food preparation areas and relaxation areas for enjoyable entertaining.
These pre-designed custom homes feature spa-like bathrooms for relaxation, with oversized bathtubs and showers showcasing multiple showerheads that produce massage-like adjustable spray. The bathrooms are larger with separate his and hers vanities and dressing areas so that there is less jostling for counter space or time in front of the mirror.
One of the most talked about home amenities is the upscale outdoor living spaces. Arizona weather is prime for dining and relaxing outside year round, and with warm days and cool breezes off the golf courses in the evenings; the outdoor living space is a perfect complement to any of the homes offered. The Residences can create whatever special environment the owner wants from custom designed patios with beautiful outdoor kitchens, to high-end barbeque grills, small refrigerators and wet bars for full on entertaining any day or night of the week.
The initial residential phase, already underway, of The Residences at The Ritz-Carlton, Dove Mountain will have 110 highly-personalized homes featuring the finest in design and finishes, together with 16 custom estate homesites. New prices for the Amolillo single family homes start at $1.1 million; Seven Saguaros single family homes start at $1.5 million; and custom fairway homesites start at $590,000; villas start in the high $600,000’s; and Rockpoint Ridge custom estate home sites start at $750,000.
Property owners and Golf Club members will enjoy the wide array of amenities and impeccable service all managed by The Ritz-Carlton. The community features miles of world-class hiking trails, unparalleled access to The Ritz-Carlton’s new 250-room resort and spa, and dedicated “members-only” access to the 27-hole Jack Nicklaus Signature Golf Course and the facilities of The Ritz-Carlton Golf Club.
In February, and for the third year in a row, The Residences will play host to the PGA Tour’s Accenture Match Play Championship, featuring the 64 best golfers in the world. One of Golfweek magazine’s “Best Courses you Can Play 2010,” the property’s Jack Nicklaus Signature Golf Course is among the 848 courses now listed by Audubon International and is a Certified Audubon Cooperative Sanctuary, one of only 15 courses in Arizona to receive the honor.
About The Residences at The Ritz-Carlton, Dove Mountain
With views of the Jack Nicklaus Signature Golf Course set among towering Saguaros, the initial residential phase will have 110 highly-customized Ritz-Carlton Residences offering a fluid series of indoor and outdoor spaces to be enjoyed year-round. The first phase of The Residences will deliver 72 single-family homes and 38 villas, along with many golf-frontage homesites and 16 exclusive custom estate homesites. Construction of The Residences incorporates high-end residential features such as wood and stone flooring, custom closet fixtures, special wall finishes and the finest appliances, all included in the base price. More information is available at www.theresidencesdovemountain.com or by calling toll free (877) 451-7205.
About The Ritz-Carlton, Dove Mountain Community
The Ritz-Carlton community in Marana, Arizona includes a resort, spa, and golf club featuring Jack Nicklaus Signature Golf in addition to The Residences at The Ritz-Carlton, Dove Mountain. Encompassing 750 acres within the Dove Mountain master-planned community, the new Ritz-Carlton is the ultimate in luxury vacationing as well as luxury living in the high Sonoran Desert. The Ritz-Carlton, Dove Mountain is designed to be a casually elegant yet sophisticated resort, featuring a 17,000 sq. ft. spa, and 250 luxury guest rooms, including 24 individual casita suites. Guests enjoy spectacular views of the Tortolita Mountains and historic petroglyphs carved into mountainsides from 300 BC to 1,400 AD by the Hohokam Indians. The Ritz-Carlton, Dove Mountain also has magnificent views of four other surrounding mountain ranges comprised of the Tucson Mountains, the Santa Catalinas, the Rincons and the Santa Ritas. A variety of luxurious meeting spaces includes three ballrooms ranging from 2,100 sq. ft. to 9,000 sq. ft., as well as five individual meeting rooms. Three restaurants, from gourmet to casual, will serve sustainable, regional and organic cuisine with Southwestern influences.
The Ritz-Carlton Hotel Company, L.L.C., of Chevy Chase, Md., currently operates 72 hotels in the Americas, Europe, Asia, the Middle East, Africa, and the Caribbean. More than 30 hotel and residential projects are under development around the globe with future openings including Dubai International Financial Centre, United Arab Emirates; Dove Mountain, Tucson, Arizona; and Lake Tahoe, California. The Ritz-Carlton is the only service company to have twice earned the prestigious Malcolm Baldrige National Quality Award, which recognizes outstanding customer service. For more information, or reservations, contact a travel professional, call toll free in the U.S. (800) 241-3333, or visit the company web site at www.ritzcarlton.com.
About The Ritz-Carlton Golf Club, Dove Mountain
Opened in January 2009, The Ritz-Carlton Golf Club, Dove Mountain is an essential component within the Ritz-Carlton community in Marana’s high Sonoran Desert. Twenty-seven holes of golf and the 45,000 sq. ft. clubhouse complex currently comprise The Ritz-Carlton Golf Club, Dove Mountain, with an additional nine holes of golf proposed in the future. The club’s Jack Nicklaus Signature Golf emphasizes playability and aesthetic appeal while still posing a significant challenge to the world’s best golfers, who are tested by the layout during the World Golf Championships-Accenture Match Play Championships each February.
