Arizona Oasis

What: Four bedrooms, four baths in 3,880 square feet.

Where: Fountain Hills, Ariz.

Amenities: Cooking center, heated diving pool, three gas fireplaces.

Asking Price: $945,900

Opening Bid*: $825,000

Agent: Deb McLean, Scottsdale Fine Properties (480) 391-7100

Due Diligence: Custom-built in 2001 for owners Gary and Rona Martinson, this two-story home in the Southwest Territorial style has 1,100 square feet of porch space. Located just east of Scottsdale, the home has 360-degree views that encompass the Desert Canyon Golf Course and the McDowell Mountains. Mr. Martinson, 58 years old, first listed the home for $1.1 million a few weeks ago, but lowered the asking price. "We thought it would move a lot quicker," he says.

Additional Photos

Photos by: Deb McLean

*The opening bid is Weekend Journal's estimate of a reasonable starting point for negotiations to buy the property, based on past sales, prevailing market conditions and interviews with local real-estate experts.

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