whisper rock estates lifestyle
DESCRIPTION
az real estate, lifestyleTRANSCRIPT
Building WealthWhat’s In Your Real Estate Portfolio?
The Perfect PairingSOL Mexican Cocina’s Shrimp Ceviche + White Wine
January | February 2014
The New MinimalSleek and Simple
Whisper Rock Cover Home
Exclusively Presented By Luxury Property Group
Whisper Rock EstatesThe Whisper Rock lifestyle is relaxed and inviting within an extremely low-density, high-service neighborhood
featuring timeless regional architecture. On-site amenities include a 3-acre private park with tennis courts, a basketball court, a BBQ ramada, a 2,500
square foot fitness facility, and a lap-sized heated pool and spa. Enjoy hiking and biking the nearly 5-miles of trails in and adjacent to the community or plan an event with neighbors and friends through the services
of Whisper Rock’s dedicated Lifestyle Director. This is North Scottsdale living at its finest.
If your home is currently listed, this is not a solicitation for that listing. Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net
Whisper Rock EstatesREAL ESTATE ACTIV ITY IN
WHISPER ROCK ESTATES
Report may not be indicative of all real estate activity. All information is deemed reliable but not guaranteed. The properties on this list have been listed/sold by various members of the MLS.
Featured Cover Property7439 E Sonoran Trail | 4 Bed | 4 Bath | 4,670 SQFT | $2,650,000
Mediterranean-inspired custom home located on nearly an acre in the guard-gated community of Whisper Rock Estates. Timeless architecture and thoughtful design combine to create an elegant setting. Extensive use
of natural stone and reclaimed wood. Great room design with wet bar and wine room is ideal for entertainment. Chef’s kitchen with cozy breakfast room. Master retreat with Cantera fireplace, his/hers closets, heated stone floors,
and private patio. Formal dining room opens to the front courtyard. Self-contained and private guest casita. Incredible outdoor space with multiple covered patios & fireplaces, heated pool & spa, pergola sitting area and built-in BBQ bar.
Whisper Rock On-Site Sales OfficeThe team of Will Foote, Jay Pennypacker and Debbie
Negrin are consistent top-producers in the luxury market and possess an intimate knowledge of North Scottsdale
and all aspects of Whisper Rock Estates. Whether you are looking to purchase a lot or home in Whisper Rock or want to sell a property you currently own, the on-site team provides complete sales and marketing services.
JAY PENNYPACKERRealtor
602.570.3962 c
DEBBIE NEGRIN Realtor
480.734.3498 c
WILL FOOTERealtor
480.242.2483 c
WhisperRockEstates.com
Whisper Rock Estates480.575.8600
ADDRESS SQFT BED BATH LIST PRICE SOLD PRICE LIST/SOLD PER SQFT COE
Currently For Sale 7254 E Lower Wash Pass 3,616 3 3 $1,395,000 $385.79 / NA 7398 E Lower Wash Pass 4,744 4 4.5 $1,995,000 $420.53 / NA 33142 N Vanishing Trl 5,020 3 3.5 $2,075,000 $413.35 / NA 7552 E Whisper Rock Trl 6,232 3 5 $2,395,000 $384.31 / NA 7720 E Lazy J Rd 5,656 3 4 $2,590,000 $457.92 / NA 7439 E Sonoran Trl 4,670 4 4 $2,650,000 $567.45 / NA 8722 E Old Field Rd 8,300 5 7 $2,895,000 $348.80 / NA 7426 E Sonoran Trl 6,100 4 5.5 $3,295,000 $540.16 / NA 7789 E Lazy J Rd 8,500 5 5.5 $3,495,000 $411.18 / NA 8661 E Whisper Rock Trl 7,076 4 7 $3,950,000 $558.22 / NA
Recently Sold 8105 E Tortuga View Ln 3,382 3 3.5 $1,695,000 $1,575,000 $501.18 / $465.70 12/06/138522 E Leaning Rock Rd 5,775 4 5 $3,895,000 $3,500,000 $674.46 / $606.06 12/06/13
ADDRESS ACRE LIST PRICE Land Currently For Sale 33144 N Northstar Cir 175 1.11 $350,000 8454 E Leaning Rock Rd 165 1.21 $399,0007399 E Sonoran Trl 43 1.03 $400,000 7753 E Whisper Rock Trl 69 1.60 $445,000 7665 E Whisper Rock Trl 67 1.42 $459,000 7414 E Sonoran Trl 7 1.24 $595,000 7998 E Whisper Rock Trl 70 3.03 $689,000 8191 E Whisper Rock Trl 183 3.00 $695,000 7618 E Whisper Rock Trl 50 1.38 $699,000 7658 E Whisper Rock Trl 52 1.43 $994,0008471 E Leaning Rock Rd 185 2.12 $1,500,000
Real estate is one of the few investments where the investor may “fall in love” with the asset. Unlike stocks or bonds, real estate has an emotional element to the investment. Therefore, one of the foremost tips for investing in real estate is to listen to what the numbers tell you, rather than the emotional pull of the property. When investing in rental properties, the rental income needs to cover all expenses associated with the property – including taxes and mortgage. In other words, an investment property should pay for itself. As a general guideline, you should try to achieve a gross rent of at least 150% of the property’s mortgage payments to cover all operational costs and leave some net rental income for yourself. Manyaffluentinvestorsusethecash-on-cashreturnanalysis as a “litmus test” of a rental property investment.
CASH-ON-CASHRETURN=ANNUALCASHFLOW (BEFORETAXES)/TOTALCASHINVESTED
If an investor purchased an apartment building and eachmonththecashflowfromrentals,lessexpenses,is$5,000.Overthecourseofayear,thebefore-taxincomewould be $60,000 and if their cash invested (down pay-ment)inthepropertytotaled$300,000,cash-on-cashreturn is equal to 20%.
Savvyinvestorslookfor20%-30%cash-on-cashreturnbefore considering investing in a property. A big plus is that the return is immediate cash in your pocket and the property may still appreciate on top of that return. In addition, the investor needs to consider how much time the property will take to manage. Some properties, such as vacation and college rentals, just require way too much time and management to make them smart investments. Well maintained properties rented for as long aspossibletodecentcreditprofiletenantsusuallytakethe least time to manage. Compared to other investments, real estate is easy to value.Evenifyouhavenoideahowtovalueaproperty,youcanfindaRealtorwhocanvalueitforyou.Typicallythere are a lot of comparable properties to use to value real estate so the investor knows what the investment property is worth and what should be spent for the property. There are many below market properties that an investorcanfind.Notonlycanyoupurchaseapropertybelow market price, you can add value to the property once you purchase it. You can also add bedrooms, add bathrooms, update a kitchen or do many other things to increase value of the real estate. It simply is not possible for an individual investor to add a bedroom onto a stock. Therefore, real estate should be an important part of your investment portfolio.
Psst! In case you didn’t hear, there’s a shift happening in home décor. Clean lines, lighter and airier colors, and a more modern look are taking center stage in today’s luxuryhomes.Ofcourse,westillloveourregionaldesignflair,butcurrenthiphomesare lightening up and going minimalistic. Homeowners that shy away from the word modern, however, need not be dismayed by today’s contemporary take on home design and furnishings. The style is minimalistic but not completely stripped bare. We’re not talking hard plastic chairs andchromefixtures.Today’snewmodernchairs and sofa silhouettes, for example, are still comfortable but are sleek and simple. Upholstery is elegant and soft, or bright and geometric.Youwilldefinitelyseealoveofpatterned and geometric furniture, drapes, and area rugs in today’s fresh new interiors. When it comes to color, the familiar earthy tans and greens, terracotta rusts, and mustard yellows, though still popular in a regional sense, are making way for crisp and more contrasting hues. Think soft blues, whites, creams, grays, and browns which bring a clean and fresh look to tired spaces. (It’s no surprise that top paint company Benjamin Moore has named A Breath of
Fresh Air, a pale powdery blue, its 2013PaintColoroftheYear!) The effect? Simple elegance. But not everythingisserene.Lookforlively yellows to brighten spaces ...and brighten your mood. Shocks of patterned cobalt blue, say in a few occasional chairs or throw pillows, will also enliven this more contemporary style of living. In the kitchen, look for white and dark brown or black motifs. Counters are stocked with essential tools only, left bare andeasytoclean.Kitchenknick-knacksand purely decorative items are sparse, with new homeowners opting for a clean and understated look. Cabinets themselves are now often painted, with whites and creams lending kitchens an entirely fresh newlook.Distressedwoodisalsopopular,giving a unique and individualist vibe to homes. Perhaps the biggest shift in interior designfortheNewYear:Individuality.Homeowners are looking for handmade, unique items that don’t look exactly the same as all the other homes on the block. Seek out different pieces that speak to you and make you happy in your home. Sounds likeagreatwaytostarttheNewYear!
INGREDIENTS:1 tsp chipotles in adobo, minced 2 tsp mayonnaise2 limes juice1 tbsp soy sauce 1 tsp minced serrano chilies2 tbsp diced cucumber2 tbsp diced onion1 pinch chopped cilantro10mediumcookedshrimp,cutintolargepieces(3oz)
GARNISH:1/4avocado–dicedCilantro sprig
DIRECTIONS:In a small bowl, combine the ingredients in order listed, mixing well after each addition. Spoon into a 12-ounceglassorsmallbowlandtopwiththedicedavocado and cilantro.
WINEPAIRING:To represent the dish, keep this pairing light and refreshing with hints of lime and herbal notes. The acidic yet refreshing pairing will complement the flavorsinthisdishbeautifully.Ideasfortheperfectcouplingare:SparklingWine,PinotGris,DryRieslingorWhiteWineSangria.Enjoy!
CelebrationofFineArtCornerofHaydenRoad&Loop101|January11-March23480.443.7695|CelebrateArt.comTheCelebrationofFineArtiswhereartloversandartistsconnect. This juried, invitational show and art sale, now inits24thyear,featuresmorethan40,000squarefeet of working studios and works of art by 100 renowned andemergingartistsfromacrossthecountry.Duringthe10-weekevent,visitorsfromaroundtheglobewillgather to admire and acquire an unsurpassed selection of artwork in all mediums and styles from some of the continents’ most talented artists.
Barrett-JacksonWestWorld|January12-19480.421.6694|Barrett-Jackson.comEstablishedin1971andheadquarteredinScottsdale,Barrett-Jackson,theworld’sleadingcollectorcarauctionandautomotivelifestyleevent,specializesinprovidingproducts and services to astute classic and collector car owners and automotive enthusiasts around the world. The companyproducesTheWorld’sGreatestCollectorCarAuctionwherehundredsofworld’smostsought-after,unique and valuable automobiles cross the block in front of a global audience.
DreamHomeTourinParadiseValleyPVDesignCenter|January25480.326.5448|DreamHomeTourAZ.comBetransportedfromthePVDesigncentertotourthetopluxurydreamhomesinParadiseValley.EachtourbuswillhavearepresentativefromParadiseValleyInteriors,educating attendees on the variety of design concepts found within these outstanding homes! Attendees will have an opportunity to experience culinary delights in each home, representing some of the most popular restaurants foundwithinthearea.AllproceedsgotobenefitJDRFandThe Phoenix Symphony.
WasteManagementPhoenixOpenTPCScottsdale|January27-February2602.870.4162|WMPhoenixOpen.comThankstothemostfan-friendlytournamentvenueonthePGATour,theStadiumCourseattheTPCScottsdale,theOpenattractsthelargestgalleriesofanygolftournamentintheworld.When179,022fanspackedtheTPCScottsdaleduringthethirdroundofthe2013WMPhoenixOpenitresultedinanewsingle-dayattendancerecordontour.
LaBayadèreSymphonyHall|February13-16602.381.1096|BalletAZ.orgBayadèrefollowstheheartbreakingtaleofatempledancer and a young warrior kept apart in life and united only in death. With rich lavish set designs which conjure upexoticlocaleslikeTheArabianNights,thisballetwilltransportyouwithdream-likesequencestoaworldofnoble warriors, cruel princesses and beautiful temple dancers.LaBayadèrefeaturesmesmerizingclassicalperformances highlighted by the famous Shades scene, staged for the entire corps.
JANUARY|FEBRUARY2014
JAPANESE SHRIMP CEVICHE de CAMARON
SOLMexicanCocina480.245.6708|SOLCocina.com
In Good Taste Event Calendar
Building Wealth Through Real Estate Investment
Real estate is one of the few investments where the investor may “fall in love” with the asset. Unlike stocks or bonds, real estate has an emotional element to the investment. Therefore, one of the foremost tips for investing in real estate is to listen to what the numbers tell you, rather than the emotional pull of the property. When investing in rental properties, the rental income needs to cover all expenses associated with the property – including taxes and mortgage. In other words, an investment property should pay for itself. As a general guideline, you should try to achieve a gross rent of at least 150% of the property’s mortgage payments to cover all operational costs and leave some net rental income for yourself. Manyaffluentinvestorsusethecash-on-cashreturnanalysis as a “litmus test” of a rental property investment.
CASH-ON-CASHRETURN=ANNUALCASHFLOW (BEFORETAXES)/TOTALCASHINVESTED
If an investor purchased an apartment building and eachmonththecashflowfromrentals,lessexpenses,is$5,000.Overthecourseofayear,thebefore-taxincomewould be $60,000 and if their cash invested (down pay-ment)inthepropertytotaled$300,000,cash-on-cashreturn is equal to 20%.
Savvyinvestorslookfor20%-30%cash-on-cashreturnbefore considering investing in a property. A big plus is that the return is immediate cash in your pocket and the property may still appreciate on top of that return. In addition, the investor needs to consider how much time the property will take to manage. Some properties, such as vacation and college rentals, just require way too much time and management to make them smart investments. Well maintained properties rented for as long aspossibletodecentcreditprofiletenantsusuallytakethe least time to manage. Compared to other investments, real estate is easy to value.Evenifyouhavenoideahowtovalueaproperty,youcanfindaRealtorwhocanvalueitforyou.Typicallythere are a lot of comparable properties to use to value real estate so the investor knows what the investment property is worth and what should be spent for the property. There are many below market properties that an investorcanfind.Notonlycanyoupurchaseapropertybelow market price, you can add value to the property once you purchase it. You can also add bedrooms, add bathrooms, update a kitchen or do many other things to increase value of the real estate. It simply is not possible for an individual investor to add a bedroom onto a stock. Therefore, real estate should be an important part of your investment portfolio.
Psst! In case you didn’t hear, there’s a shift happening in home décor. Clean lines, lighter and airier colors, and a more modern look are taking center stage in today’s luxuryhomes.Ofcourse,westillloveourregionaldesignflair,butcurrenthiphomesare lightening up and going minimalistic. Homeowners that shy away from the word modern, however, need not be dismayed by today’s contemporary take on home design and furnishings. The style is minimalistic but not completely stripped bare. We’re not talking hard plastic chairs andchromefixtures.Today’snewmodernchairs and sofa silhouettes, for example, are still comfortable but are sleek and simple. Upholstery is elegant and soft, or bright and geometric.Youwilldefinitelyseealoveofpatterned and geometric furniture, drapes, and area rugs in today’s fresh new interiors. When it comes to color, the familiar earthy tans and greens, terracotta rusts, and mustard yellows, though still popular in a regional sense, are making way for crisp and more contrasting hues. Think soft blues, whites, creams, grays, and browns which bring a clean and fresh look to tired spaces. (It’s no surprise that top paint company Benjamin Moore has named A Breath of
Fresh Air, a pale powdery blue, its 2013PaintColoroftheYear!) The effect? Simple elegance. But not everythingisserene.Lookforlively yellows to brighten spaces ...and brighten your mood. Shocks of patterned cobalt blue, say in a few occasional chairs or throw pillows, will also enliven this more contemporary style of living. In the kitchen, look for white and dark brown or black motifs. Counters are stocked with essential tools only, left bare andeasytoclean.Kitchenknick-knacksand purely decorative items are sparse, with new homeowners opting for a clean and understated look. Cabinets themselves are now often painted, with whites and creams lending kitchens an entirely fresh newlook.Distressedwoodisalsopopular,giving a unique and individualist vibe to homes. Perhaps the biggest shift in interior designfortheNewYear:Individuality.Homeowners are looking for handmade, unique items that don’t look exactly the same as all the other homes on the block. Seek out different pieces that speak to you and make you happy in your home. Sounds likeagreatwaytostarttheNewYear!
INGREDIENTS:1 tsp chipotles in adobo, minced 2 tsp mayonnaise2 limes juice1 tbsp soy sauce 1 tsp minced serrano chilies2 tbsp diced cucumber2 tbsp diced onion1 pinch chopped cilantro10mediumcookedshrimp,cutintolargepieces(3oz)
GARNISH:1/4avocado–dicedCilantro sprig
DIRECTIONS:In a small bowl, combine the ingredients in order listed, mixing well after each addition. Spoon into a 12-ounceglassorsmallbowlandtopwiththedicedavocado and cilantro.
WINEPAIRING:To represent the dish, keep this pairing light and refreshing with hints of lime and herbal notes. The acidic yet refreshing pairing will complement the flavorsinthisdishbeautifully.Ideasfortheperfectcouplingare:SparklingWine,PinotGris,DryRieslingorWhiteWineSangria.Enjoy!
CelebrationofFineArtCornerofHaydenRoad&Loop101|January11-March23480.443.7695|CelebrateArt.comTheCelebrationofFineArtiswhereartloversandartistsconnect. This juried, invitational show and art sale, now inits24thyear,featuresmorethan40,000squarefeet of working studios and works of art by 100 renowned andemergingartistsfromacrossthecountry.Duringthe10-weekevent,visitorsfromaroundtheglobewillgather to admire and acquire an unsurpassed selection of artwork in all mediums and styles from some of the continents’ most talented artists.
Barrett-JacksonWestWorld|January12-19480.421.6694|Barrett-Jackson.comEstablishedin1971andheadquarteredinScottsdale,Barrett-Jackson,theworld’sleadingcollectorcarauctionandautomotivelifestyleevent,specializesinprovidingproducts and services to astute classic and collector car owners and automotive enthusiasts around the world. The companyproducesTheWorld’sGreatestCollectorCarAuctionwherehundredsofworld’smostsought-after,unique and valuable automobiles cross the block in front of a global audience.
DreamHomeTourinParadiseValleyPVDesignCenter|January25480.326.5448|DreamHomeTourAZ.comBetransportedfromthePVDesigncentertotourthetopluxurydreamhomesinParadiseValley.EachtourbuswillhavearepresentativefromParadiseValleyInteriors,educating attendees on the variety of design concepts found within these outstanding homes! Attendees will have an opportunity to experience culinary delights in each home, representing some of the most popular restaurants foundwithinthearea.AllproceedsgotobenefitJDRFandThe Phoenix Symphony.
WasteManagementPhoenixOpenTPCScottsdale|January27-February2602.870.4162|WMPhoenixOpen.comThankstothemostfan-friendlytournamentvenueonthePGATour,theStadiumCourseattheTPCScottsdale,theOpenattractsthelargestgalleriesofanygolftournamentintheworld.When179,022fanspackedtheTPCScottsdaleduringthethirdroundofthe2013WMPhoenixOpenitresultedinanewsingle-dayattendancerecordontour.
LaBayadèreSymphonyHall|February13-16602.381.1096|BalletAZ.orgBayadèrefollowstheheartbreakingtaleofatempledancer and a young warrior kept apart in life and united only in death. With rich lavish set designs which conjure upexoticlocaleslikeTheArabianNights,thisballetwilltransportyouwithdream-likesequencestoaworldofnoble warriors, cruel princesses and beautiful temple dancers.LaBayadèrefeaturesmesmerizingclassicalperformances highlighted by the famous Shades scene, staged for the entire corps.
JANUARY|FEBRUARY2014
JAPANESE SHRIMP CEVICHE de CAMARON
SOLMexicanCocina480.245.6708|SOLCocina.com
In Good Taste Event Calendar
Building Wealth Through Real Estate Investment
Building WealthWhat’s In Your Real Estate Portfolio?
The Perfect PairingSOL Mexican Cocina’s Shrimp Ceviche + White Wine
January | February 2014
The New MinimalSleek and Simple
Whisper Rock Cover Home
Exclusively Presented By Luxury Property Group
Whisper Rock EstatesThe Whisper Rock lifestyle is relaxed and inviting within an extremely low-density, high-service neighborhood
featuring timeless regional architecture. On-site amenities include a 3-acre private park with tennis courts, a basketball court, a BBQ ramada, a 2,500
square foot fitness facility, and a lap-sized heated pool and spa. Enjoy hiking and biking the nearly 5-miles of trails in and adjacent to the community or plan an event with neighbors and friends through the services
of Whisper Rock’s dedicated Lifestyle Director. This is North Scottsdale living at its finest.
If your home is currently listed, this is not a solicitation for that listing. Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net
Whisper Rock EstatesREAL ESTATE ACTIV ITY IN
WHISPER ROCK ESTATES
Report may not be indicative of all real estate activity. All information is deemed reliable but not guaranteed. The properties on this list have been listed/sold by various members of the MLS.
Featured Cover Property7439 E Sonoran Trail | 4 Bed | 4 Bath | 4,670 SQFT | $2,650,000
Mediterranean-inspired custom home located on nearly an acre in the guard-gated community of Whisper Rock Estates. Timeless architecture and thoughtful design combine to create an elegant setting. Extensive use
of natural stone and reclaimed wood. Great room design with wet bar and wine room is ideal for entertainment. Chef’s kitchen with cozy breakfast room. Master retreat with Cantera fireplace, his/hers closets, heated stone floors,
and private patio. Formal dining room opens to the front courtyard. Self-contained and private guest casita. Incredible outdoor space with multiple covered patios & fireplaces, heated pool & spa, pergola sitting area and built-in BBQ bar.
Whisper Rock On-Site Sales OfficeThe team of Will Foote, Jay Pennypacker and Debbie
Negrin are consistent top-producers in the luxury market and possess an intimate knowledge of North Scottsdale
and all aspects of Whisper Rock Estates. Whether you are looking to purchase a lot or home in Whisper Rock or want to sell a property you currently own, the on-site team provides complete sales and marketing services.
JAY PENNYPACKERRealtor
602.570.3962 c
DEBBIE NEGRIN Realtor
480.734.3498 c
WILL FOOTERealtor
480.242.2483 c
WhisperRockEstates.com
Whisper Rock Estates480.575.8600
ADDRESS SQFT BED BATH LIST PRICE SOLD PRICE LIST/SOLD PER SQFT COE
Currently For Sale 7254 E Lower Wash Pass 3,616 3 3 $1,395,000 $385.79 / NA 7398 E Lower Wash Pass 4,744 4 4.5 $1,995,000 $420.53 / NA 33142 N Vanishing Trl 5,020 3 3.5 $2,075,000 $413.35 / NA 7552 E Whisper Rock Trl 6,232 3 5 $2,395,000 $384.31 / NA 7720 E Lazy J Rd 5,656 3 4 $2,590,000 $457.92 / NA 7439 E Sonoran Trl 4,670 4 4 $2,650,000 $567.45 / NA 8722 E Old Field Rd 8,300 5 7 $2,895,000 $348.80 / NA 7426 E Sonoran Trl 6,100 4 5.5 $3,295,000 $540.16 / NA 7789 E Lazy J Rd 8,500 5 5.5 $3,495,000 $411.18 / NA 8661 E Whisper Rock Trl 7,076 4 7 $3,950,000 $558.22 / NA
Recently Sold 8105 E Tortuga View Ln 3,382 3 3.5 $1,695,000 $1,575,000 $501.18 / $465.70 12/06/138522 E Leaning Rock Rd 5,775 4 5 $3,895,000 $3,500,000 $674.46 / $606.06 12/06/13
ADDRESS ACRE LIST PRICE Land Currently For Sale 33144 N Northstar Cir 175 1.11 $350,000 8454 E Leaning Rock Rd 165 1.21 $399,0007399 E Sonoran Trl 43 1.03 $400,000 7753 E Whisper Rock Trl 69 1.60 $445,000 7665 E Whisper Rock Trl 67 1.42 $459,000 7414 E Sonoran Trl 7 1.24 $595,000 7998 E Whisper Rock Trl 70 3.03 $689,000 8191 E Whisper Rock Trl 183 3.00 $695,000 7618 E Whisper Rock Trl 50 1.38 $699,000 7658 E Whisper Rock Trl 52 1.43 $994,0008471 E Leaning Rock Rd 185 2.12 $1,500,000