Gov. Doug Ducey puts Paradise Valley estate on market for $8.75M
PHOENIX – Is Arizona Gov. Doug Ducey a man on the move?
The former Cold Stone Creamery executive put his sprawling Paradise Valley estate on the market last week with a budget-busting asking price of $8.75 million, according to Realtor.com.
What will that kind of money get, besides a chance to literally walk in Ducey’s footsteps?
The residence, which is situated between Camelback and Mummy mountains, has 11,412 square feet of living space on a 2.14-acre gated lot backing up to the Paradise Valley Country Club.
The French-style farmhouse features six bedrooms, 7½ bathrooms, six fireplaces, a four-car garage and a wine cellar.
The amenities include a 1,200-square-foot guest house with a private entrance, a pool with a cabana and a roof deck.
Why is the house for sale? Is Ducey, whose second and final term runs through 2022, making plans to abandon his post?
Not a chance.
A Realtor.com story said it appears the family is simply downsizing after raising three sons at the home, which was built in 2009, five years before Ducey was first elected as governor.
“Yes, the Duceys are selling their home, but don’t worry, they’re not leaving Arizona. They’re staying right here,” Ducey spokesman Patrick Ptak told the real estate website.
High-dollar listings are commonplace in Paradise Valley. Phoenix Suns owner Robert Sarver recently sold a home in the town for a state-record $19.3 million.
A current listing in the swanky suburb, a 15,875-square-foot estate near McDonald Drive and Invergordon Road, has a $21 million price tag.