The Most Expensive Home sold in Arizona last week

By
Real Estate Broker/Owner with Zion Realty
https://activerain.com/droplet/4Jdp

How expensive is it to live in Paradise Valley, Arizona? Very expensive! Last week's most expensive home that sold in Arizona fetched almost $650 per square foot! There are plenty of other parts of the Country where that figure might not seem so high but for Arizona standards it's at the top of any price range you'll find here. The price per square foot number isn't the only statistic that stands out with this home either. It only took slightly over one month to sell this property and it was an all cash deal! I don't know about you but I don't have $1.7 million dollars just laying around waiting to purchase a home. But then again, that's the type of clientele that you'll find moving to Paradise Valley. 

Don't let the adobe slump block exterior fool you in to thinking this isn't a high class home. The interior was completely renovated from floor to ceiling in 2012. This property was redesigned to show off the timeless simplicity and style of a Phoenix area home that was originally built in 1961 but has been brought in to the modern era. The exposed brick and wood plank ceilings combined with classic light fixtures and sleek new shaker style kitchen cabinets keep that old and new balance right where it should be. Spectacular views of Camelback Mountain and sitting on over an acre of land in a highly sought after area add to the uniqueness and desirability of this home. Click on the picture below for the full MLS listing:

Location: Paradise Valley

Size: 2,630 sqft

Bedrooms: 3

Bathrooms: 2.5

Lot size: 48,989 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!

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Rainmaker
3,268,529
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Good morning, Nicole -- WOW!  This is a very impressive home -- the attention to detail to the interior as well as the views and setting are aaaahhhhh-some.   

Sep 15, 2015 01:13 AM #1
Rainmaker
1,492,840
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Nicole, indeed low DOM for a home in that price range. I did click on the picture to see the photos, beautiful home..amazing views!

Sep 15, 2015 01:13 AM #2
Rainmaker
2,477,558
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

So crazy, that is like a California price per square foot number!  I hope you are doing well my friend!

Sep 15, 2015 02:04 AM #3
Rainmaker
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Sounds like a beautiful home, I would love to see this style in person one day. Have a good day

Sep 15, 2015 02:54 AM #4
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John Meussner
Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA, - Walnut Creek, CA
#MortgageMadeEasy Walnut Creek, CA 484-680-4852

WOW to that backyard view....I don't think I'd ever leave the pool.

Sep 15, 2015 03:20 AM #5
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Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Nicole - $1.7M isn't close to the top of your market, but that home would be a winner in any market. Gorgeous!

Sep 15, 2015 04:01 AM #6
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Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Compared to others you've featured, that certainly is more affordable.  But 1.7 million in CASH?  Wow.  Dare to dream.

Sep 15, 2015 04:54 AM #7
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nicole I look forward to seeing the gorgeous houses you post in this weekly blog.  The patio and pool area of this house is outstanding.

Sep 15, 2015 06:01 AM #8
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nicole,

Beautiful home, and it is definitely a winner.  A

Sep 15, 2015 06:02 AM #9
Rainmaker
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Nancy Laswick
United Real Estate - Phoenix, AZ
Your REALTOR® For The Valley Of The Sun

Outstanding remodel and with those views and on a acre+, a true beauty Nicole Doty - Gilbert Real Estate Expert.

Sep 15, 2015 09:03 AM #10
Rainmaker
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Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Nicole

Thanks for sharing the links to the photo's of the home. The new buyers purchased an outstanding home.

Good luck and success.

Lou Ludwig

Sep 15, 2015 12:41 PM #11
Rainer
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Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Nicole.  Do you know how much of the $650 is land and house?  Thanks.

Sep 15, 2015 12:57 PM #12
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Fred Griffin presently on Leave of Absence
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Paradise Valley is so nice...  last time I was there ( a couple of years ago), my nephew took me to a restaurant called "Elements at Sanctuary".  It was excellent!  Are they still in business?

Sep 15, 2015 01:58 PM #13
Rainmaker
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Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Ashburn, VA
Alexandria Virginia Homes For Sale

Nicole, the views are gorgeous! That's a really impressive price per square foot too!

Sep 16, 2015 12:16 AM #14
Rainmaker
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Kat Palmiotti
Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

Wow, the views of the mountains over the pool are beautiful. I love this "most expensive" series.

Sep 16, 2015 01:45 AM #15
Rainmaker
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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Congrats on all the success and much more continued success in the future to you and yours and everybody in Arizona actually!

Sep 16, 2015 04:52 PM #16
Rainmaker
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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

The views are always amazing around that area and it's a beautiful area and maybe someday, i'll move there.

Sep 16, 2015 04:53 PM #17
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Wow that is pretty amazing. It isn't that big a home but have a big lot. Location is everything in real estate.

Sep 16, 2015 11:16 PM #18
Rainmaker
1,977,961
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Hi Nicole,

Although the price per square foot sounds alarming, I know it was worth every penny and then some!!!

What a beautiful place to call home! It's a great house for entertaining too!

Sep 17, 2015 03:35 AM #19
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Nicole Doty - Gilbert Real Estate Expert

Broker/Owner of Zion Realty ZionRealtyAZ.com
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