Torrey Pines condos priced $10,000 less, for a time

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Torrey Pines Condominiums in Lisle is dropping the price of two-bedroom condominium homes temporarily by $10,000, brining the lowest base price down to $129,000. All condominiums by Austin Highlands come with standard features such as gas fireplace in the

Maps

Summer is a good time to purchase a new home. Moving is easier because of the weather, kids are out of school and builders are anxious to sell some homes so that the balance sheet at the end of the year looks favorable.

To move some homes this season, Austin Highlands Inc. is temporarily dropping the price of its two-bedroom condominium homes by $10,000 at Torrey Pines in Lise. Base prices are as low as $129,000.

Placed in a three-story elevator building with only 24 units being offered, 16 of which have already been sold, the 1,000 square-foot homes offer a stair-free, maintenance-free lifestyle.

At this price and with interest rates at 3.75 percent a family can hardly afford to keep on renting an apartment or living with the parents or in-laws. The monthly mortgage payment for this condominium home could only be about $602 (payment doesn’t include insurance, private mortgage insurance or property taxes).

“Some people might believe that they cannot qualify for a home mortgage at this rate because of their credit score or employment history,” said Edward Paliatka, president of Austin Highlands Inc. “To these people I would say, come on in and talk with us. You might be surprised of what we can do for you because of our long term relationships with a variety of lenders.”

All condos within the community are warranted and filled with new appliances that carry factory warranties as well.

All Torrey Pines Condominiums come with features such as gas fireplace, colonist 6-panel doors and colonial trim, security intercom service, gas forced air heat, central air conditioning, Whirlpool and GE appliances (gas range, refrigerator, dishwasher, microwave hood fan, clothes washer and dryer), Moen faucets, and ceramic tile floors in kitchen and baths.

The building, with intercom security system and elevator, is located in a quiet, residential setting. The 1,000 square-foot 1G model offers two baths, spacious living room/dining room, and private walkout balcony. This home also includes a dramatic master bedroom suite with its own private, luxury bath.

Torrey Pines also provides each homeowner with a heated, enclosed parking garage with designated car stalls and automatic garage door openers.

The community is on the northeast corner of Abbey Woods Drive and Naper Boulevard, about one-third mile South of Maple Avenue and three miles west of Interstate 355. It is just north of the Surrey Ridge Sports Complex, Surrey Ridge Park and New Albany Park.

Lisle is convenient to O’Hare International and Midway airports, and offers Metra Train service.

For more Torrey Pines condominium information, call (630) 637-2037. The sales center and decorated models are open Saturday and Sunday from noon to 5 p.m. Other days are available by appointment. Homebuyers can also visit Austin Highlands Website at www.austinhighlands.com.