Arizona Gov. Doug Ducey sells Paradise Valley mansion for $8.15 million
PHOENIX – Arizona Gov. Doug Ducey is no longer the owner of a Paradise Valley mansion.
After just 71 days on the market, the former Cold Stone Creamery executive’s six-bedroom French-style farmhouse sold last week for $8.15 million, according to Realtor.com.
Ducey didn’t get the $8.75 million price he sought when the home hit the market in December.
Patrick Ptak, a spokesman for Ducey, told KTAR News 92.3 FM in an email the family sold the house because they are downsizing.
He said the home sold faster than expected, so the Duceys will rent in Phoenix until moving into a smaller property for the long term.
Their former residence, which was built between Camelback and Mummy mountains in 2009, has 11,412 square feet of living space on a 2.14-acre gated lot backing up to the Paradise Valley Country Club.
It boasts 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.
According to county assessor records, the property was purchased by PST Properties LLC, a company with a Carmel, Indiana, address.
Ducey’s second and final term runs through 2022.