Throughout the year, high-end communities such as Paradise Valley and Scottsdale have seen numerous multi-million-dollar transactions. In November, several luxury properties closed in Metro Phoenix. Including one residential sale that was the second-highest in Arizona’s history. Here is more on the top luxury sales in Metro Phoenix:
According to a recent article, one of the most expensive luxury real estate transactions on the market last month took place in Paradise Valley. The five-acre estate was built in 2009 for Robert Sarver, owner of the Phoenix Suns. The $20.9 million price tag made the residential sale the highest in Paradise Valley and the second most expensive in the state. The 18,000-square-foot main house has five bedrooms, a formal entertaining area, an office area, private exercise space, a chef’s kitchen, a bar, and a salon and private spa. The 10,000 square foot guest house has two bedrooms that can be part of the primary residence or private. The estate also has a swimming pool and a nine-car motor court area.
Another Paradise Valley home, the “Eagle’s Nest,” also recently sold for $5,755,000. Arizona architect Lash McDaniel designed the 9000-square foot mansion. The stunning property is located on Mummy Mountain and reportedly “features a custom eagle designed bronze electronic gate, polished marble flooring and walls of glass throughout the home.”
Paradise Valley’s Sanctuary community saw a $2,900,00 sale of a 7,334-square foot property. The two-story, four-bedroom, six-bathroom home has a formal dining room and library. The property also features a separate workshop and Mediterranean-style garden landscaping.
The Tatum Garden Estates Subdivision had a $2,800,000 cash buyer sale of a 4,853-square-foot new-construction four-car garage Santa Barbara/Tuscan-style home. The five-bedroom and five-and-a-half bath property has Phoenix Mountain Preserve views and a custom swimming pool.
Scottsdale’s Gainey Ranch community added new owners with the $3,050,000 sale of a 4,855-square foot home with a pool. The sellers were Tom and Debra Mauro. Tom Mauro is the founder of Calgary, Alberta-based luxury builder Albi Homes Ltd.
A cash buyer paid $2,575,000 for a two-story property in Scottsdale’s Desert Mountain community. The 5,541-square-foot five-bedroom, five-and-a-half-bathroom estate overlooks the 14th hole of the Chiricahua golf course at Desert Mountain Golf Club. The property grounds feature a negative-edge pool, separate guest house, and bar-b-que area.
The most expensive Arizona residential sale this year was in the Silverleaf community in Scottsdale in early October. The 15,534-square-foot Silverleaf property sold for $24.1 million—the highest selling price for a home in the state’s history.
When navigating through a real estate issue in Arizona, it’s critical that you have an experienced real estate attorney to protect your interests. Laura B. Bramnick is an experienced Arizona real estate attorney who can help you manage all aspects of your Arizona real estate matter. If you are seeking an exceptional, client-driven real estate lawyer in Phoenix and throughout the State of Arizona, contact Laura B. Bramnick to schedule your consultation.