Record community sales and a strong recovering housing market have prompted Sagewood, a 278-residence Phoenix luxury retirement community featuring resort-like amenities and the Acacia Health Center, to build an additional 14 casitas soon to be under construction.
Sales are now underway for the detached casitas ranging from 2,173 SF to 2,326 SF for a two bedroom, den and two-and-a-half bath design offering a large patio featuring a fireplace and water feature in addition to extensive desert landscaping.
The stylish, modern living single-story casitas also feature a two-car garage and provide mountainous terrain and pristine Sonoran desert views located where north Phoenix meets Scottsdale.
“We’re responding to great market demand at Sagewood, since we have sold out of our original 24 casitas,” said Stewart Ingram, the community’s executive director.
Sagewood is nearing 80% reserved, with prices beginning at $316,900 for residences featuring detached casitas and villas to lofts and apartment homes with a choice of 19 floor plans.
General contractor is The Weitz Company and the architect is SmithGroupJJR. Starting price for the new Sagewood casitas is approximately $1M. Construction timetable for building a casita is six to nine months.
“Offering spacious floor plans, generous standard features, and superior construction quality combined with our resort-style amenities and the Acacia Health Center make the casitas a great value for living at Sagewood,” Ingram said.
Acacia Health Center at Sagewood features 10 apartments, 38 skilled nursing care suites (including 20 private suites) all Medicare certified, and a rehabilitative therapy center.
Life Care Services and Westminster Funds are the joint-venture partners of Sagewood.