Grayhawk · Second Homes

Resort and Second Homes in Grayhawk

Buying a second home in Scottsdale, from someone who holds the Resort and Second-Home Property Specialist designation.

Why this community suits part-year ownership

The part of a second home that catches people out is never the part they are excited about. It is the eight months of the year they are somewhere else. I hold the Resort and Second-Home Property Specialist designation, which mostly means I have learned which questions to ask about those months.

Grayhawk answers several of them better than most of north Scottsdale, and one in particular.

The golf is public. If you are here four months a year, a private club membership means paying dues for eight months you are not using it. Here you play a Tom Fazio course when you are in town and pay nothing when you are not. Over a decade of seasonal ownership that difference is substantial, and it is the single strongest argument for Grayhawk over a neighbor with a private course.

The eight communities built for leaving

Grayhawk has eight condominium and townhome communities, and every one of them is gated in its own right.

Six sit in The Park: The Edge, Encore, Tesoro, The Venu, Village at Grayhawk and Vintage. Two sit inside The Retreat gate: Avian and Cachet, which means a gate within a guard-gated village.

In most of them a sub-association handles the exterior, the roof and the common landscaping, which is exactly the list you do not want to be managing from two states away.

A single-family home works as a second home too, and plenty of people do it. It just means a pool service, a landscaper, an irrigation system somebody checks and a person who walks through. Manageable if you set it up deliberately, a bad surprise if you did not.

Read the rental rules before you offer

This is the one I will not let a client skip, and in Grayhawk it matters more than usual because the rules are not community-wide.

Each of the eight sub-associations has its own governing documents. Minimum lease terms, restrictions on short-term letting, registration, caps on how many homes may be rented at once, and approval processes differ between them.

So two condominiums, both in Grayhawk, both gated, can give different answers on whether you may let the place out in the months you are away.

If any part of your plan involves renting, even occasionally, even to friends, I pull the actual documents for that specific address and we read the relevant sections together before you write an offer. Discovering the answer afterwards is discovering it too late.

What you will pay while you are not here

Assessments run whether you are in residence or not, and in Grayhawk they stack.

A condominium in The Park carries the master assessment and its own sub-association. A condominium at Avian or Cachet adds the Retreat Village assessment on top, so three layers.

That is not necessarily bad value for a seasonal owner. You are buying exactly the thing you need: somebody else maintaining the outside of your home for the eight months you are elsewhere. But it should be a decision made with the real total in front of you rather than the master figure on a listing.

Establish also where the maintenance line falls. Roof and exterior paint, or only common areas. Landscaping to your door or to the kerb. Nothing inside your walls, which is almost always the case.

What no association covers anywhere: your air conditioning, your water heater, and anything that fails while nobody is in the house.

Closing the house up for an Arizona summer

The part nobody explains to a new seasonal owner.

The air conditioning does not get switched off. A sealed house here in July gets hot enough to damage what is inside it, so it goes high rather than off and somebody confirms it is still running.

If you have a pool, service continues whether you are here or not. A summer unattended turns a cleaning job into a repair.

Irrigation runs through the hottest months, and a failed valve kills mature landscaping in a fortnight with nobody there to notice. In a condominium the association may handle this, which is one of the quieter arguments for buying one.

Monsoon storms between roughly July and September bring wind and sudden water. An occupied house notices roof damage. An empty one does not.

None of it is a reason to hesitate. It is a reason to have the arrangements made before you leave rather than after the first bad summer, and I can connect you with the people who do it.

The questions that are not mine to answer

How owning property in another state affects your tax position, and whether a trust or another structure suits you, belong with your accountant and your attorney. I can tell you what I see other people do. I cannot advise you, and anyone in my position who does is overstepping.

What I will do is make sure those questions get asked before you are committed rather than at tax time.

The general version of all this is here, and the Arizona buying mechanics are here.

Call me on (480) 203-6605.

Frequently Asked Questions

Why is Grayhawk good for a seasonal home?

Mainly the public golf. If you are here four months a year, a private club membership means paying dues for eight months you are not using it. Here you play a Tom Fazio course when you are in town and pay nothing when you are not. Add eight gated condominium and townhome communities where a sub-association handles the exterior, and it fits part-year ownership well.

Can I rent out my Grayhawk second home?

It depends which community, and the rules are not community-wide. Each of the eight sub-associations has its own documents covering minimum lease terms, short-term letting, registration, caps and approvals. Two condominiums both in Grayhawk can give different answers. Read the documents for the specific address before you offer, not after.

Do I still pay the HOA while I am away?

Yes, and in Grayhawk they stack. A condominium in The Park pays the master and its own sub-association. One at Avian or Cachet adds the Retreat Village assessment on top. For a seasonal owner that can be good value, since you are paying for somebody to maintain the outside while you are elsewhere, but decide with the real total in front of you rather than the master figure.

What has to happen before I leave for the summer?

Air conditioning stays on, set high rather than off, because a sealed house in July gets hot enough to damage what is inside. Pool service continues. Irrigation keeps running and someone checks it, since a failed valve kills mature landscaping in a fortnight. In a condominium the association may handle the outside, which is one of the quieter arguments for buying one.

Grayhawk

What second homes looks like in Grayhawk

North Scottsdale golf community with a mix of single-family homes, patio homes and condominiums.

Grayhawk sits in north Scottsdale, north of the 101 between Scottsdale Road and Pima, with nearly 3,800 homes running from condominiums through single-family to golf-course property.

It is really two neighborhoods rather than one. The Park has no guard gate at its entrance; The Retreat is guard-gated around the Raptor and Talon courses. Almost everything that matters here follows from which side a home sits on.

The homes
Nearly 3,800, across condominiums, townhomes, single-family homes and golf-course property. Eight condominium and townhome communities, each gated in its own right. The Park holds the non-gated single-family neighborhoods; The Retreat holds the guard-gated ones, several of which are gated again inside.
Why people choose it
The public golf draws a lot of people, since both courses are open to anyone and a golfer can play without committing to a private club. Others come for the choice between two kinds of gate, or for the position, with Kierland and Scottsdale Quarter a short drive south.
Schools people ask about
Paradise Valley Unified, not Scottsdale Unified, which surprises people who assume every north Scottsdale community shares a district. Grayhawk Elementary is inside the community on Grayhawk Drive. Confirm the current boundary for a specific address rather than assuming, since boundaries move.
Getting around
The Loop 101 runs along the south edge, so the airport, Old Town and the rest of the valley are straightforward. Scottsdale Road and Pima are the north-south routes. Hayden Peak Crossing and Grayhawk Plaza cover everyday errands without leaving the area.
Nearby
Grayhawk Golf Club with its 40,000 square foot clubhouse, two City of Scottsdale public parks inside the community, Hayden Peak Crossing anchored by a Fry's, and Kierland Commons, Scottsdale Quarter and Market Street at DC Ranch all a short drive.
The trade-off
Against DC Ranch, Grayhawk gives you public golf with no membership required and generally more house for the money, while DC Ranch gives you more dramatic terrain, a walkable center at Market Street and a higher ceiling at the top. Against McDowell Mountain Ranch you are trading some of the preserve proximity for better shopping and freeway position.