Located behind the private gates of Sabino Mountain in the beautiful Catalina Foothills, this custom ridgetop residence is positioned on a premier view lot and exemplifies thoughtful design, superior craftsmanship, and enduring quality. A private courtyard entrance with a custom designed iron gate sets the tone upon arrival. Conceived with a refined ''downsize without compromise'' philosophy, the property consists of a 2,575-square-foot main residence offering three bedrooms, a private office, and three bathrooms, complemented by a separate 576-square-foot one-bedroom, one-bath guest house with its own entrance, parking, and patio, ideal for guests or extended family. Constructed by the current owner/builder following a distinguished career in commercial construction, the home was ...cont deliberately over-engineered with an emphasis on efficiency, durability, and long-term performance as guiding principles. Built of fire-resistant, highly insulated Rastra block, the residence offers superior sound insulation and thermal performance, ideally suited to the Sonoran Desert environment. A sophisticated desert modern aesthetic is expressed throughout the homes interior spaces featuring polished concrete floors, finely crafted alder doors, and hand-carved beams. The principal living spaces are anchored by two gas fireplaces and walls of glass that frame sweeping mountain vistas and expansive city-light views. The kitchen is both elegant and highly functional, featuring custom cabinetry, stainless steel appliances, quartz countertops, a large center island, and generous storage. The adjoining dining room, enhanced by a gas fireplace, enjoys equally striking views and a seamless connection to the outdoor living spaces. French doors from the living and dining areas open to an impressive, covered patio designed for year-round outdoor enjoyment, accented by hand-carved timbers, a built-in gas barbecue, integrated outdoor speakers, and multiple areas for alfresco dining. Beyond, the grounds reveal a Pebble-Tec pool and spa overlooking the city below, a firepit for intimate evening gatherings, multiple-seating areas for enjoying Tucson's renowned sunsets, and meticulously landscaped grounds with new irrigation and accent lighting. Recent improvements within the past three years include four new HVAC systems, a new washer and dryer, a new gas pool heater, and a Culligan whole-home water conditioning system. An oversized two-car garage with epoxy flooring incorporates a large storage room and dedicated workspace. Residents of Sabino Mountain also enjoy access to community amenities including a pool and spa, clubhouse, and recreational facilities, all within one of the Catalina Foothills' most sought-after gated communities, conveniently located near Ventana Canyon Country Club, Sabino Canyon Recreation Area, fine dining, shopping, and medical services. Offered for sale for the first time, this exceptional residence may be acquired fully furnished, by separate bill of sale, including a curated selection of high-quality furnishings, accessories, and select artwork, presenting a rare and seamless turnkey opportunity for the discerning buyer.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
