Discover Timeless Luxury on Nearly 5 Acres in Northwest Tucson! Step into a one-of-a-kind estate where rich Southwestern heritage meets sophisticated modern living. This extraordinary nearly 5-acre retreat blends iconic desert charm with thoughtful upgrades, offering privacy, panoramic mountain and city views, and the freedom of no HOA restrictions. The fully remodeled main residence exudes authentic character through stained glass accents, custom inlaid tile floors, copper details, and high-end finishes throughout. The heart of the home is a chef's kitchen featuring Viking appliances, a 60-inch gas range with double ovens, appliance garages, a beverage center with icemaker, and a delightful butler's pantry. Host effortlessly in the elegant dining room with fireplace or gather casually at the breakfast nook chef's table. Retreat to the luxurious primary suite, complete with breathtaking views from a private balcony, a copper soaking tub, cozy gas fireplace, and convenient coffee bar. The main home includes spacious secondary bedrooms and four elegant baths. A separate 1-bedroom/1-bath casita with full kitchen boasts a proven 9-year Airbnb track recordideal for guests, multigenerational family, or additional income. Endless entertainment awaits: a private theater room, game room, full sports and pickleball court, resort-style pool with hot spring spa, waterfall, slide, and kid-friendly shallows. Outdoor living shines with multiple fire pits, a putting green, expansive flagstone patios, a serene courtyard, and peaceful pathways winding through saguaro-dotted landscapes. Sustainability is built in with solar power, backup batteries, and a private well for eco-conscious, self-sufficient living. Fully equipped for horsesincluding a four-stall mare motel with automatic waters, tack rooms, and ample spacethis property offers versatile equestrian potential amid stunning natural surroundings. Appraised at $2.2 million (excluding additional acreage value), this exceptional home delivers craftsmanship and durability that far surpasses most new constructionan investment that's impossible to replicate at today's costs. Just 3-5 minutes from shopping, dining, and conveniences, yet worlds away in peaceful seclusion with standoff from neighbors. Whether raising a family, hosting memorable gatherings, or savoring a quiet retreat with room to expand, this estate captures the best of Tucson's desert lifestyle. As a licensed Arizona real estate agent, the owner invites you to experience this remarkable, character-filled oasis firsthand. Schedule your private tour todayyou'll see why this is one of the most inviting and unforgettable homes in Northwest Tucson
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.
