Keith and Caroline Van Velkinburgh have listed for sale a four-bedroom, four-bath condo at 1777 W. Ocotillo Road in Chandler for $500,000.

The 4,571-square-foot Unit #32 is part of the Villas at Ocotillo development, which was built in 2006 in the Southwest Chandler/Ocotillo neighborhood. Christine Newport is the listing agent.

Mr. Van Velkinburgh is the chairman of the board at Christy Sports, a specialty retailer in the Rocky Mountain region that provides ski and snowboard equipment, apparel and accessories. He has been with the company since 1970.

He holds a bachelor's degree in economics from the University of Nebraska and a master's degree in marketing from the University of Denver.

According to BlockShopper.com, there were 3,669 home sales in Chandler in 2008, with a median sales price of $210,000.

Address: 1777 West Ocotillo Road, Unit: 32
Buyer(s): David Strock and Joanna Strock
Seller(s): Caroline VanVelkinburgh and Keith VanVelkinburgh
Sale date: Mar. 31, 2010