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ARIZONA NEWS

Scottsdale mansion sells for $24.1M, shatters Arizona price record

A 17-acre estate in Scottsdale’s exclusive Silverleaf community shattered the state record by more than $5 million, fetching $24.1 million on Oct. 1.

 

PHOENIX – The Arizona home market has a new champion.

A 17-acre estate in Scottsdale’s exclusive Silverleaf community shattered the two-year-old state record by more than $5 million, fetching $24.1 million on Oct. 1.

The new record holder was listed in May 2019 with a mind-blowing asking price of $32 million.

The 15,534-square-foot mansion built in 2005 has eight bedrooms, 10 bathrooms and a 10-car garage.

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The spread has its own private entry gate in the gated, guarded community and boasts a scenic backdrop of the McDowell Mountains and Windgate Pass.

The property has flowerbeds, water features and green spaces blended with desert landscaping, along with a pool and an indoor basketball court.

The purchaser is listed in Maricopa County property records as Blue Croc LLC.

The state’s previous most lucrative home sale was a 16,600-square-foot Silverleaf estate that went for $18.8 million in March 2018.

That capped a flurry high-priced closings that set state records three times in a span of three months.

The splurging started when a 14,200-square-foot Paradise Valley residence sold for $15.65 million in December 2017.

Then in February 2018, a big spender plunked down $17.5 million for an 18,000-square-foot Silverleaf home.

Kevin Stone KTAR.com Senior Editor

Kevin Stone is KTAR's Senior Web Content Editor. He is a seasoned journalist who was born in New York and grew up in Phoenix. He got his start doing agate for the Mesa Tribune sports section in the 1990s while completing his print journalism degree.… Read more

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