There aren’t too many homes in McCormick Ranch this new, built in 2001! 8702 E Del Capitan Dr, on a large lake front lot with 146 feet of lake shore, sold for $1,900,000.

It was originally priced at $2,450,000 in October 2006. The price reductions were to $2,350,000 in January 2007, $2,195,000 in March and finally $1,975,000 in July before closing at $1,900,000 in October 2007.

October 27, 2007 by Scottsdale Realtor John Wake
 
About The Author

Scottsdale Realtor John Wake

Born in Phoenix, a McCormick Ranch resident since 1997, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding the buyer for their current home.