Welcome to Terramar in Peoria Arizona
Terramar is a beautiful community in Northeast Peoria. The community is situated on the northwest corner of 67th Avenue and Happy Valley Roads and has phenomenal views of nearby foothills. Terramar was established in 1998 – 2000 by Shea Homes, Ryland, Engle, US Homes, and Hancock Homes. There are approximately 1,500 homes that were constructed that range in size from 1,500 square feet to 4,700 square feet. Residents of Terramar have easy access to Loop 101 via 67th Avenue or I-17 via Happy Valley Road.
Terramar Real Estate
The real estate market in Terramar has been stagnant due to the subprime mortgage meltdown and the large number of foreclosures and short-sales in the general area. Home values in Terramar seem to be stableizing at around $105 per square foot with values ranging from the high $100′s to high $600′s.
Location of Terramar
View Larger Map