N. Scottsdale multi-family home development targets Gen X and Y

Monterey Ridge is located at 17850 N. 68th St. in Phoenix. For more information, call 480-356-0179 or visit www.cachethomes.net/montereyridge.

Monterey Ridge is located at 17850 N. 68th St. in Phoenix. For more information, call 480-356-0179 or visit www.cachethomes.net/montereyridge.

A new generation of Arizona homebuyers have a different set of priorities in mind when selecting a new home.

Location remains the No. 1 factor, but the HGTV generation is increasingly seeking homes that are not only architecturally unique but also stylishly designed leading a number of Valley developers to make Elle Decor-worthy interior design and planning an integral part of new developments.

Luxury home builder Cachet Homes has implemented a trendy yet timeless design scheme into its latest condominium offering in the North Scottsdale area, Monterey Ridge.

“Today’s Gen X and Y consumers are incredibly savvy home buyers who want dynamic stylish living spaces with premium finishes,” said Matt Cody, CEO of Cachet Homes.

“At Monterey Ridge, we collaborated with the best local design and architecture talent to create luxurious, convenient and modern homes that this demographic is proud to entertain in and call home,” he said.

Cachet logo

Developing for the next generation isn’t just making sure living spaces are Instagram-ready with the latest design trends. With so much pent up demand in the market, condominium buyers are ready to buy, but they’re selective.

From grand entryways to separate wings for entertaining and sleeping, artistic design touches and subtle mood lighting, Monterey Ridge showcases some of the most unique property specifications on the market with 144 single-level condominiums ranging from 1,091 to 1,870 square feet.

“It all comes down to lifestyle,” Mr. Cody said. “The Pinterest generation leads a completely curated lifestyle – from their clothes, to their cars, to their gadgets and now to where they live, everything must be representative of who they are and who they want to be,” he said.

“With hundreds of award-winning restaurants, thousands of acres of desert preserve offering unmatched sports and recreation, countless holes of nationally-ranked golf, dozens of premier luxury shopping destinations, a number of world’s most-renowned healthcare facilities, instant access to the 101 and 51 freeways and the Scottsdale Airport, Monterey Ridge delivers what this emerging buyer market has been waiting for – convenient, stylish and affordable living with a prestigious address,” Mr. Cody said.

Being in the heart of the Scottsdale Airpark, a Valley employment epicenter offering thousands of high-paying jobs for upwardly mobile young adults, Monterey Ridge aims to be a smart investment for savvy homebuyers.

“The American dream has evolved over the last several generations,” explains Mr. Cody. “It’s not the house with the white picket fence these buyers want anymore. They want low maintenance, stylish and move-in ready homes that are primed to host an impromptu cocktail party or self-sustaining enough that the owners can have a weekend away at a moment’s notice,” he said.

“As we developed the latest phases of the project that are now for sale, we looked closely at the fast-paced lifestyle this demographic leads and created spaces designed to cater to their needs,” he said.

Many of the luxuries buyers would expect in a $300K home come standard at Monterey Ridge, including slab granite counters, maple cabinets, upgraded flooring, 9.5-foot ceilings, gas ranges, and private terraces and a two-car garage that is connected to the building and accessed via elevator.

Monterey Ridge is located at 17850 N. 68th St. in Phoenix. For more information, call 480-356-0179 or visit www.cachethomes.net/montereyridge.

The Scottsdale Independent is published monthly and mailed to 75,000 homes and businesses in Scottsdale.

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