Chateaux on Central

6 W. Palm Lane, Phoenix, AZ, 85003

Chateaux on Central is a 21 unit, gated, brownstone style, luxury single family home community reminiscent of high end areas in Boston, or Chicago, or New York. Chateaux are all brick and masonry with turn of the 20th Century style. Each is four stories tall with a basement and 2 private underground parking spaces. Each brownstone comes with its own private elevator, dining terrace, roof top terrace, and optional fireplace, private pool, spa, BBQ and more.

Sizes range from 5,100 to over 8,200 livable square feet. There are six floor plans that can be customized to provide the ultimate urban lifestyle experience. Finishes include Viking appliances, Woodmode-Brookhaven cabinets, granite counter tops, high ceilings, crown moulding, formal dining rooms, 8' doors with transom windows and more. The are also an easy walk to a light rail stop and the Phoenix Art Museum.

Unfortunately this is one of the now infamous Mortgages Ltd properties (you might remember that Mortgages Ltd was one of the largest lenders in town until the boom busted, the President of the company committed suicide and the company filed bankruptcy). Because of all these problems (not to mention that the community was way over priced and solely a product of irrational boom exuberance) it now sits dormant and waiting.... Prices began at $2,150,000 but you can bet deals can be had.

If you would like to learn more, see floor plans or a site map, or tour the site, give us a call or shoot us an e-mail and we’ll take care of you.

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Comments

Owner of WeKnowUrban

Ryan - You should contact Michael Fitzpatrick at 480 510-8755 ext 1. He should have current info. W

#11 - Will Daly - 02/26/2010 - 15:27

Chateaux

I made the previous post about the change in ownership...but has anybody heard anything on this project? I have always been interested in getting one of these condos.

I work for the ad company that used to do pr for mortgages ltd, so i knew a little bit of what was going on then. but now it seems all info has stopped!

#10 - Ryan Jensen - 02/26/2010 - 07:43

Chateaux

I do know that the property has changed ownership (finally), so I don't think it will take a full year to see things happening..., more like a few months.

I heard that the starting price is significantly less...like 1.2M instead of the $2.15M, but $235/sqft still seems high though

#9 - Ryan - 01/25/2010 - 09:15

Owner of WeKnowUrban

Rob - No I don't expect anything to happen at Chateaux on Central for at least a year. Of course there's no way for me to know that for sure but in light of all the trouble with the construction lender I can't imagine sales there for a year or longer. W

#8 - Will Daly - 01/13/2010 - 17:34

Will - you think any of these units will go anytime soon? Would love to see some activity at this site. I sure wish I could afford one!

#7 - rob - 01/13/2010 - 11:07

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