Special offer

The Most Expensive Home sold in Arizona last week - 4/26/16

By
Real Estate Broker/Owner with Zion Realty

The most expensive home that sold in Arizona last week is a multi-generational gated compound comprised of a 4,500 square foot main home, and two separate guest houses one of which is just over 1,500 square feet and the other is a shade under 1,000 square feet. Completely renovated from floor to ceiling in 2015 this luxury property was brought in to modern style and design by incorporating today's gray and white color palette along with clean lines, shiny chrome's, and subway tile patterns throughout. The main living area is bright, open, and spacious with tall ceilings and massive exposed wooden beams. A wet bar area is perfect for entertaining. The chef's kitchen is expertly laid-out and allows for flow and function. The rest of the interior is simplistic yet elegant and it's classic look will stand the test of time. 

The exterior of this magnificent residence matches the interior. It's stylish and functional. The new owner will be able to pull in through the private gated entry and travel down their elongated driveway to the four garages which have the capacity to hold up to eight vehicles. The backyard is tastefully arranged with a covered cabana, sparkling pool, multiple outdoor fireplaces, and relaxing spa. There isn't a real "wow factor" here but you come away with a sense that this truly is a high-end, rich property. A small but interesting tid-bit regarding this home is that it took almost a full year to sell and the sales price was much less than the original asking price. When this home was placed on the market it was listed for $3.1 million but the final sales price was only $2.4 million. Click on the picture below for the full MLS listing:

 

Location: Phoenix

Size: 4,456 sqft

Bedrooms: 6

Bathrooms: 8

Lot size: 39,133 sqft

 

 

If you are in the luxury home market and want a list of luxury homes available in Arizona, contact us at ZionRealtyAZ.comWe'd love to help you find your dream home!

Comments(18)

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Nicole... now this is truly one stunning home with fabulous curb appeal. And the inside isn't too shabby either!

Apr 26, 2016 02:09 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Nicole -  the area is familier to me.  I had a regional office off of Camelback Road ant 44th street.  I love the area.

Apr 26, 2016 02:25 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nicole this is an amazing property.  It is more like a resort than a home.

Apr 26, 2016 04:26 AM
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Nicole - Great pick this week - they did a wonderful job on that renovation and the grounds are really special as well.

Apr 26, 2016 04:44 AM
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Nicole, another addition to all the beautiful expensive homes in Arizona, great curba appeal, not too bit, just right size.

Apr 26, 2016 05:48 AM
Nicole Doty - Gilbert Real Estate Expert
Zion Realty - Gilbert, AZ
Broker/Owner of Zion Realty ZionRealtyAZ.com

Nina - It's an all-around good home. It's not too fancy yet is luxurious enough to garner the price tag.

Grant - It's in a very nice area. How long ago did you have an office there?

George - Whoever had it originally built sure had a need for multiple living spaces.

Dick - It was nicely renovated with all the modern styles that today's buyers are looking for. I was surprised it took so long to sell.

Beth - I would be able to handle this size property. A lot of the other ones have been too big but this one is manageable for me. 

Apr 26, 2016 07:39 AM
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Nicole.  Was it 20% overpriced?  That is a huge price reduction.

Apr 26, 2016 08:26 AM
Nicole Doty - Gilbert Real Estate Expert
Zion Realty - Gilbert, AZ
Broker/Owner of Zion Realty ZionRealtyAZ.com

Conrad - I don't know why it didn't sell quickly and needed such a large price drop. By all accounts it's in a great area that certainly garners that price tag. 

Apr 26, 2016 08:35 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nicole,

Nice home, and I am surprised that it needed a price reduction...A

Apr 26, 2016 10:13 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Nicole

Having a family compound in Arizona is a great lifestyle.

Good luck and success.

Lou Ludwig

Apr 26, 2016 11:21 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

That is a lovely home and compound and would fit the bill for so many of today's buyers that want family to live together.

Apr 26, 2016 12:41 PM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Great house.

In where the house sits does it make sense to have real grass and how can others people replenish to water lost from irrigation?

Sam

Apr 26, 2016 02:49 PM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

Ahh, that pool is something! I would be spending a bit of time poolside.

Apr 26, 2016 09:11 PM
Nicole Doty - Gilbert Real Estate Expert
Zion Realty - Gilbert, AZ
Broker/Owner of Zion Realty ZionRealtyAZ.com

Alexandra - It needed a HUGE reduction. I'm surprised as well.

Lou - If I could get groceries delivered to me I'm not sure I'd ever have to leave.

Debbie - It's a growing demand.

Sam - I don't think grass makes sense at all in the desert personally. It's too hard to maintain because it doesn't want to grow naturally. 

Kat - You and me both girl! 

Apr 27, 2016 07:45 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Wow, someone had a good buyer's agent to negotiate that kind of final price Nicole Doty - Gilbert Real Estate Expert 

Apr 27, 2016 12:51 PM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

This is a fascinating luxury home in Arizona, Nicole!  It looks really charming.  Make it an awesome day!

Apr 27, 2016 04:42 PM
Nicole Doty - Gilbert Real Estate Expert
Zion Realty - Gilbert, AZ
Broker/Owner of Zion Realty ZionRealtyAZ.com

Paul - That buyer got a smokin deal!

N & K - It's a great home in a great location. I'm sure the new buyers are thrilled!

Apr 28, 2016 12:47 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Nicole ---  this is truly a compound and certainly ideal for multi-generational living.  Very nicely updated.   

Apr 30, 2016 12:10 AM