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Surrey Hills is located in the unique and colorful town of Cave Creek just north of Scottsdale, AZ.  The 11 acre property includes three fully furnished units totaling almost 7,600 saleable square feet.  All of the infrastructure, including entries, streets, utilities, building pads, clubhouse and pool are complete.   Surrey Hills was purchased at 20 percent of actual cost.  The re-developed site plan contains 76 units averaging 1,545 sq ft.  When sold, the units will also include a free membership to nearby Rancho Manana Golf Club and Spa.  An architect and engineering company have been selected and new entitlements are anticipated by January 2010.  Once construction is started the build out is approximately 2 years.       www.thevillageatsurreyhills.com