Coffee heat rising

When real estate is funnier than real life…

Here’s a fine, recently built little palace, billed as 1,400 to 1,600 square feet, for sale in the far-flung Phoenix suburb of Anthem, an instant “community” that contributed richly to the destruction of, at the height of the real estate boom, an acre an hour of irreplaceable Sonoran desert habitat. This great lake of lookalike tracts was expected to house as many people as live in the city of Flagstaff, Arizona, most of whom would commute (endlessly!) into town over one, count it, one freeway.

In 2005, somebody paid $329,000 for this place. The current owners have been trying to unload it for the past seven months, with no luck, at the bargain-basement price of $199,000—a 39.5 percent loss on their investment.

The address?

2446 West Myopia Drive

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