Phoenix-area home sells for ARMLS record $12.75 million

Jan 24, 2017, 3:55 PM | Updated: Jan 25, 2017, 11:33 am

(Facebook Photo)...

(Facebook Photo)

(Facebook Photo)

PHOENIX — A Phoenix-area estate that sold for $12.75 million set a new record for a home sold through the Arizona Regional Multiple Listing Service, the real estate firm behind the sale said.

The Joffe Group announced the sale of the Paradise Valley home, located near McDonald Drive and Tatum Boulevard, on Facebook.

The Phoenix Business Journal said the seven-bedroom, 12-bathroom estate was listed in November for $13.5 million.

The buyer of the home has not been released. The seller was the Archer Revocable Trust.

The home is more than 14,000 square feet. It sits on two and a half acres and has a motor court large enough for 11 cars.

The kitchen has four ovens, two refrigerators, multiple dishwashers and is built to accommodate a large family or outdoor party. The estate has floor-to-ceiling windows with a view of Camelback Mountain.

There is a gym and multiple laundry areas, which sounds perfect for working off those extra calories while catching up on the wash.

There is also a game room — complete with space for four TVs and a pool table — and a deck with its own outdoor fireplace.

And, of course, what Arizona estate would be complete without a pool? It is located nearby several outdoor seating areas.

Arizona’s record home sale is $14 million, but it was not listed on the Arizona Regional Multiple Listing Service.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

A still from surveillance video shows a possible abduction at a Buckeye, Arizona, gas station on Fe...

Buckeye police investigating possible assault, abduction caught on surveillance video

Buckeye police are investigating a possible assault and abduction related to an incident caught on video by a gas station surveillance camera last week.

1 hour ago

Aerial view of Rinchem's new warehouse in Surprise, Arizona....

Kevin Stone

Chemical supply chain company Rinchem opens custom-built hazmat warehouse in Surprise

Rinchem, a global chemical supply chain management company, expanded its Arizona presence by opening a custom-built hazmat warehouse in the West Valley.

2 hours ago

Gustin Ray Woodman, seen in an undated Arizona Department of Corrections, Rehabilitation and Reentr...

Kevin Stone

Convicted killer sentenced to death in 2014 Glendale murder case

A defendant convicted of fatally shooting a 72-year-old man in Glendale 10 years ago has been sentenced to death.

3 hours ago

Barb wire underneath a sunny sky...

SuElen Rivera

Arizona man sentenced to 10 years in prison for trying to bring cocaine into the US

An Arizona man was sentenced last week to 10 years in prison for attempting to traffic nearly 50 pounds of cocaine into the United States.

4 hours ago

Interstate 17 traffic building up due to closure....

Northbound Interstate 17 temporarily closed in south Phoenix after fatal crash

Northbound Interstate 17 was temporarily closed in south Phoenix following a fatal crash involving a pedestrian, transportation officials said Thursday morning.

6 hours ago

People with autism encouraged to vote by Arizona election leaders...

Serena O'Sullivan

Arizona election officials partner with nonprofit to encourage people with autism, disabilities to vote

Advocates and election officials threw a mock election event to encourage people with autism and intellectual disabilities to vote Tuesday.

7 hours ago

Sponsored Articles


Midwestern University

Midwestern University Clinics: transforming health care in the valley

Midwestern University, long a fixture of comprehensive health care education in the West Valley, is also a recognized leader in community health care.


Collins Comfort Masters

Here’s 1 way to ensure your family is drinking safe water

Water is maybe one of the most important resources in our lives, and especially if you have kids, you want them to have access to safe water.


Sanderson Ford

The best ways to honor our heroes on Veterans Day and give back to the community

Veterans Day is fast approaching and there's no better way to support our veterans than to donate to the Military Assistance Mission.

Phoenix-area home sells for ARMLS record $12.75 million