Sage Scottsdale’s first release of new homes is now over 75% sold. Sage is a $35 million luxury condominium community located along the Scottsdale waterfront developed by iStar Financial.
Available for immediate occupancy, the first building is completed and is comprised of 36 two- and three-bedroom condominiums ranging from 1,375 to 1,659 square-feet, with optional den floor plans. Recently rounding out Sage’s final phase was another 36 homes within the second building that was completed in April. The project now features last chance summer incentives and FNMA approved loan programs with only 5% down, both incentives for prospective buyers.
“A look inside these brand-new homes at Sage is what everyone has been waiting for since we broke ground,” said David Sotolov, senior vice president at iStar Residential. “This is the only new construction community in Downtown Scottsdale that is ready for immediate move-ins. New condominiums of this size and quality in the heart of Downtown Scottsdale just don’t exist anywhere else, making this a really rare opportunity. You can now tour our expanded floor plans, see our top-of-the-line features and finishes and experience our resort-like amenities. “
With the opening, buyers can expect to see unique architectural niches, modern elegant finishes and designer appointments. Blending style, sophistication and modern convenience, homes at Sage present savvy features, inviting indoor and outdoor spaces and spectacular views of the waterfront canal or Camelback Mountain. Interior features include granite kitchen countertops with decorative tile backsplash and LED under-counter lights, Dacor® professional stainless steel kitchen appliances, designer-selected modern wood cabinetry, GROHE® bathroom faucets and fixtures, Provenza hardwood floors and a gas fireplace with natural floor-to-ceiling stone surround. Each home has a luxurious master suite with a spacious walk-in closet and well-appointed master bath with Carrera marble countertops, dual under-mounted sinks and a deep soaking tub. High-tech and sustainable features include controlled energy-efficient heating and air conditioning units, a Wi-Fi controllable thermostat, integrated USB ports, high-speed cable and Low-E, energy saving glass.
iStar Residential recently completed a six-figure investment in redesigning and upgrading the community’s resort-like amenities. Amenities include an expansive 3,400-square-foot, two-story private clubhouse with dramatic 30-foot ceilings; a designer-styled and luxurious library lounge with entertaining kitchen, fireplace and 65″ flat screen TV; a one-of-a-kind climate controlled subterranean wine cellar; a lushly landscaped waterfront pool and spa with an outdoor lounge and private cabanas; an open-air grilling area with raised terraces for scenic dining; a fitness studio with SCIFIT and Spirit equipment and a Yoga-stretch room; Wi-Fi access and USB ports throughout the clubhouse and gated underground resident parking. iStar is also constructing a paved and lighted walking path from Chaparral Road to the southern end of the property line with enhanced, lush landscaping that will connect Sage to the heart of Downtown Scottsdale. The first phase of Sage, a collection of 50 condominiums, townhomes and penthouses, sold out in early 2012.
Tucked into a quiet residential neighborhood that lines the waterfront of The Arizona Canal, Sage combines the feel of a suburban lifestyle in an urban location. Upscale yet intimate, Sage’s traditional 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.
Conveniently located within walking distance of world-class shopping, restaurants, independent art galleries in Old Town Scottsdale, resorts, and golf courses, Sage provides a private and redefined city-living experience that is unmatched by any other residential community in Scottsdale.
For more information about Sage Scottsdale, call 480-947-SAGE (7243) or visit www.SageScottsdale.com. Sage is located at 4855 N. Woodmere Fairway in Scottsdale.
About Sage
Sage is a luxury residential community in Downtown Scottsdale that combines the most desirable qualities of suburban living in an urban environment. Starting in the high $400Ks, Sage’s final phase is comprised of two intimate buildings, which include 72 condominiums set along the Scottsdale waterfront. From unique architectural niches to elegant designer finishes throughout each home, Sage exudes an understated elegance and sophistication. At the heart of Sage is an expansive two-story, 3,400 square-foot clubhouse featuring a designer-styled library lounge and entertaining kitchen, cozy fireplace with 65″ flat screen television, a stone subterranean climate-controlled wine cellar with personal storage, an expansive fitness room that opens to spanning views, a lushly landscaped waterfront pool and spa with an outdoor lounge, private cabanas and a grilling area. 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. For more information, visit www.SageScottsdale.com.
About iStar Residential
iStar Residential is one of the largest investors in luxury condominium, multifamily and master-planned residential developments throughout the United States, having financed and invested in $10 billion of residential projects since 1993. The iStar Residential portfolio has included interests in over 18,000 condominium units in the nation’s top markets and 65,000 acres in master-planned communities having the potential for an estimated 50,000 single family and multifamily units. The Company’s unique, fully-integrated platform extends from property entitlement and development to construction, bridge and long-term financing through asset servicing, property and portfolio management. iStar Residential is a division of iStar Financial, a fully-integrated finance and investment company focused on the real estate industry and traded under the symbol “STAR” on the New York Stock Exchange.
About The Kor Group
The Kor Group’s sales and marketing division is seen as a visionary leader in the real estate world. Kor’s unique capabilities and seasoned leadership fuse development, design, and hospitality expertise with cutting-edge analysis, research, marketing and sales strategy to maximize value potential. With over $1 billion in sales across a broad array of asset classes, Kor’s distinctive lifestyle approach has built recognizable brands and thriving homeowner communities for investors around the world www.thekorgroup.com.
