4101 N 65th Street is currently under construction on the corner of Lafayette and 65th Street. Michael Purcell of HomeSmart is representing this modern home in Arcadia that is being built by Imagine Builders. The home has been blown out to 3,733 sq.ft. and is setup in a 4 bedroom / 4 bathroom layout. 4101 N 65th Street is currently offered at $1,590,000.
Here is the current progress as of August 3rd, 2014.
4101 N 65th Street will have hardwood floors throughout the home with the bathrooms in either limestone, or marble. The kitchen has marble countertops, expresso finished cabinets, Thermador appliances, and a gourmet kitchen island.
Modern Homes in Arcadia?
This home was purchased on December 3rd, 2013 for $714,500 and is now held by Dessco, LLC. Dessco must be trying to show some of these old dogs in Arcadia some new tricks. The modern style that they are after is not common for the Arcadia Proper area and is usually risky for the investor types. Building a modern home in Arcadia really limits your buyer pool and is a tough fit for the neighborhood. Although that is normally the case, some contrarians would argue that you need some diversity in the neighborhood. Either way, modern homes usually demand a price premium because of their unique qualities.
If you would like more information on 4101 N 65th Street or other modern homes in Arcadia, please give me a call at (602)-561-0445.