Staff Reports | Real Property & Homes
Cambridge Properties has announced the sale of a 12,302-square-foot lakefront estate in Chandler’s gated community, The Island at Fulton Ranch, for $6.75 million.
Represented by Cambridge Properties agent Bill Haley, the home sold after six days on the market in a full cash transaction with multiple offers, according to a press release.
The sale marks the highest publicly marketed residential transaction in Chandler’s history, the release states.
“This property was extraordinary in every sense,” said Haley, Realtor, Cambridge Properties. “Homes of this scale and craftsmanship are rare in Chandler, and there were few comparable listings to guide valuation. Our team’s deep market knowledge and strategic presentation helped us create momentum immediately. When a home tells this kind of story, the right buyer responds.”
Designed by architect Dale Gardon and built by Schultz Development, the estate sits on a 1.15-acre double lot and blends Mediterranean architecture with contemporary features. The layout includes a theater, gym, sport court, wine cellar, six-car garage, guest suite, wet bar and multiple verandas for year-round entertaining.
The outdoor pavilion includes a splash pad, lap lane, diving area, rooftop terrace and a covered spa for ten. Interior features include custom stonework, artisan tile and handcrafted wood beams. The lower level offers a kitchenette, gaming area and media lounge.
“This was a once-in-a-generation listing,” Mr. Haley added. “Its architectural pedigree, craftsmanship and setting within The Island at Fulton Ranch make it truly irreplaceable. It represents the best of what the East Valley has to offer—design integrity, sophistication and serenity.”
