Sage in Scottsdale Hits 50 Percent Sold Milestone

Scottsdale, Ariz. (November 15, 2011) – Sage, the Downtown Scottsdale condominium and townhome community, has reached the 50-percent-sold milestone with 25 residences sold since it opened in January.
A majority of the homebuyers are from Midwestern states and Canada and plan to use their new home as a primary residence or seasonal vacation home. Others are locals from Paradise Valley and North Scottsdale looking to downsize. Many cite they were drawn to Sage for its central location, never-lived-in status, competitive price points and superior level of construction and finishes normally reserved for high-end single family homes.
“Buyers today are capitalizing on arguably the lowest interest rates in their lifetime and the fact that housing prices have been reset to pre-real estate boom levels. They see the value in purchasing a home at communities like Sage because this type of product can and will never be replicated again at these price points,” said Brendan Mann, principal of The Solvere Group, an Arizona brokerage that is executing the sales and marketing for Sage. “Our buyers are making a decision to purchase based on how the real estate makes them feel. They have the intent to live in and use the property and capture the one-of-a-kind experience that only home ownership provides.”
Sage features a collection of 50 condominiums, townhomes and penthouses priced from the mid $300s that is tucked into a quiet residential neighborhood that lines the waterfront of The Arizona Canal at Chaparral Road just east of Scottsdale Road. Unlike any other residential community of its kind in Scottsdale, Sage combines the feel of a suburban lifestyle in an urban location.
“The number one factor for me and my wife in our house hunt when relocating from upstate New York to Scottsdale was value for our money,” said Dr. Barry Rosenblatt, who purchased a three-bedroom townhome at Sage in August. “We spent a lot of time comparing prices around town. We saw Sage as the best value and love the fact that it’s a small, private community within walking distance to Downtown Scottsdale. You can’t beat the views we have of Camelback mountain and the canal waterfront – it’s a much easier life here than in New York.”
Upscale yet intimate, Sage’s classic architecture boasts stone-lined walls and chimneys complemented with architectural niches and dimensions that differentiate one set of homes from the next, creating a picturesque community unlike any other in Scottsdale. Inside Sages’ residences are top-of-the-line features and finishes, including Dacor, Bosch & Grohe appliances and fixtures, granite and marble countertops, volcanic-stone gas fireplaces, private oversized balconies and patios overlooking mountain and water views and dramatic foyer entrances that create an impactful sense of arrival. With sophisticated details at every turn, Sage homes have all of the characteristics of a luxury estate.

For more information about Sage, call The Holm Group (480) 767-2738 or visit www.theholmgroupaz.com.
About Sage:
Sage is a newly completed residential community in Downtown Scottsdale that combines the most desirable qualities of suburban living in an urban environment. Starting in the mid $300s, Sage is comprised of three intimate buildings, which include 50 condominiums, townhomes and penthouses. From unique architectural niches to elegant finishes throughout each home, such as hardwood floors, slate fireplaces and solid cherry wood doors with glass accents, Sage exudes an understated elegance and sophistication. At the heart of Sage is an expansive clubhouse featuring an underground stone wine cellar with personal storage, a private fitness area that opens to spanning views, a business and conference room and a swimming pool. Conveniently located within walking distance of world-class shopping, restaurants, independent art galleries in Old Town Scottsdale, resorts, and golf courses, Sage provides a redefined city-living experience that is unmatched by any other residential community in Scottsdale.