ARIZONA REAL ESTATE & HOUSING NEWS
Newly built luxury estate in Arcadia listed for $23.5 million
The 9,388-square-foot property could set an Arcadia neighborhood record if sold near its $2,500-per-square-foot asking price.
A newly completed custom estate in Phoenix’s Arcadia neighborhood built by the founders of Two Hawks Design + Build for their own family has hit the market as a private sale for $23.5 million.
Located at 5626 E. Montecito Ave., the 9,388-square-foot property could set an Arcadia neighborhood record if sold near its $2,500-per-square-foot asking price.
Under the direction of Principal Arash Hoss, Two Hawks Design + Build developed and constructed the six-bedroom, six-and-a-half-bathroom home. Compass luxury Realtor and homeowner Larissa Hoss is managing the private listing.
The family drew inspiration from their global travels, including trips to the Amangiri resort in Utah, San Miguel de Allende and coastal Mexican resorts.
“We’ve had the opportunity to tour some incredible homes over the years, with every one of those experiences teaching us something,” Arash Hoss said in a release. “Our goal was to take those observations and create a home that brings all of these elements together.”
The estate’s design maximizes natural light and highlights unobstructed views of Camelback Mountain. Fully motorized glass walls open to an infinity-edge pool, while the interior features cast-in-place concrete, concealed Tectus hinges, an Eggersmann kitchen with Fior di Bosco marble and a handcrafted La Cornue range.
The property also houses a rare Daniel Arsham x Kohler limited-edition sink, one of only 99 made worldwide, in the office bath.
Recreational amenities include:
- A professional-grade indoor sports court with a Renlita opening wall system
- A naturally lit Pilates studio surrounded by concrete walls
- A pink pickleball court with chipping and putting greens
- Outdoor tennis and basketball courts
- A speakeasy-style office and an upper deck overlooking city lights
- A climate-controlled six-car garage with lift capacity
“We wanted the spaces to feel calm and set a relaxed tone as soon as you enter, just like checking into a world-class resort,” Arash Hoss added.
Qualified buyers can arrange a private showing by contacting Larissa Hoss directly at 480-212-2267 or larissa@lhrealtor.com.





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