Only a handful of properties each year in the Phoenix area come up for sale that are a cut above the rest. They are true luxury at it's finest. The most expensive home that sold in Arizona last week was one of these magnificent mansions. Constructed in 2013 and listed as having a total living space of 22,215 square feet, this JR Mcdade Company built property sold for $7.315 Million dollars. What was also a rarity in the luxury home selling market is that this palatial estate was sold by auction through DeCaro Luxury Auctions. There was no reserve set and no minimum bid. The original list price was set at over $16 Million dollars back in 2014 so it seems like almost a steal for the new owner to have walked away paying cash for less than half of that asking price.
Located on almost 3-acres of exclusive land in Paradise Valley, there is no end to the lavish upgrades to be enjoyed at this home. Inside and out it's hard not to get the impression that you are living in a resort instead of a house. Every room has a unique feature or focal point. The twenty foot ceiling in the master bathroom shower and private outdoor courtyard off of the master bedroom which includes a walk in spa and fireplace are just some of the rare and exclusive features that you don't even find in other luxury properties. The indoor basketball court, resort style pool with a lazy river, and 5,000 square foot guest house are more of the unique and posh and extravagant elements of this incredible propety. Click on the picture below for the full MLS listing:
Location: Paradise Valley
Size: 22,215 sqft
Lot size: 125,152 sqft
If you are in the luxury home market and want a list of luxury homes available in Arizona, contact us at ZionRealtyAZ.com. We'd love to help you find your dream home!