Sixty-four homes will hit the market in mid-November when The Statesman Group begins taking reservations for the third phase of sales at The Cays at Downtown Ocotillo, a $90 million luxury condominium community located within the sought-after Ocotillo neighborhood in Chandler.
Selling more than $40 million in real estate at The Cays to date, Statesman will break ground on the third phase this fall featuring one- and two-bedroom condominium homes and top-floor penthouses ranging in size from 862 to 1,512 square feet and priced from the mid $200,000s. Statesman will also nearly double the patio space and make soft enhancements to each home within this phase with expected move-in the first quarter of 2020.
“The Cays is leading the way for luxury condominium developments in the East Valley as we continue to attract interest from buyers looking for a more upscale option without paying higher prices for a similar offering in Scottsdale or Phoenix,” said Alana Mann, president and owner of The Statesman Group. “Local and national buyers are seeing the value of living in Chandler with the resort-style living, access to world-class golfing, dining and shopping and some of the lowest cost of services, utility charges and sales tax in the Valley. We’re looking to amplify what condo living is all about here in Chandler.”