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

Oct 12, 2020, 1:30 PM | Updated: 2:25 pm

( Photo) ( Photo) ( Photo) ( Photo) ( Photo) ( Photo) ( Photo) ( Photo) ( Photo) ( Photo) ( Photo) ( Photo) ( Photo) ( Photo) ( Photo) ( Photo) ( Photo) ( Photo) ( Photo) ( Photo) ( Photo) ( Photo) ( Photo)


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.

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.

We want to hear from you.

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

Arizona News

Fantasy of Lights Boat Parade...

Tempe to hold Fantasy of Lights Boat Parade on Saturday

Arizona's most unique holiday event, the Fantasy of Lights Boat Parade, will launch at 7 p.m. across Tempe Town Lake this Saturday, Dec. 9.

2 hours ago

Bitcoin scam...

Arizona man charged with defrauding local physician out of $207,000

A federal grand jury returned an indictment against Fountain Hills man Jeremie Sowerby for wire fraud and transactional money laundering.

6 hours ago

Hans Schmidt, 26, was shot on the corner of 51st and Peoria avenues while he was preaching about at...

Video released of moment when Glendale preacher shot on street corner

Police have released video of the moment a Glendale preacher was shot on a street corner last month.

7 hours ago

Sheep cross a wildlife overpass in this file photo from Federal Highway Administration....

Kevin Stone

Arizona gets $24M federal grant for wildlife overpass, fencing on I-17 south of Flagstaff

Arizona was awarded $24 million in federal funding for a project designed to make travel safer for motorists and wildlife along Interstate 17 south of Flagstaff.

8 hours ago

Global Credit Union Arena at GCU...

Damon Allred

GCU Arena to be renamed Global Credit Union Arena following rights partnership

GCU and Global Credit Union have agreed to a multi-year deal, renaming their arena Global Credit Union Arena at Grand Canyon University.

10 hours ago

caution tape across police car...

Motorcyclist dies after crash with vehicle in Phoenix

A motorcyclist died after a crash with a vehicle in Phoenix on Monday night, authorities said.

11 hours ago

Sponsored Articles

(KTAR News Graphic)...

KTAR launches online holiday auction benefitting Boys & Girls Clubs of the Valley

KTAR is teaming up with The Boys & Girls Clubs of the Valley for a holiday auction benefitting thousands of Valley kids.

Follow @KTAR923...

The 2023 Diamondbacks are a good example to count on the underdog

The Arizona Diamondbacks made the World Series as a surprise. That they made the playoffs at all, got past the Milwaukee Brewers in the NL Wild Card round, swept the Los Angeles Dodgers in the NLDS and won two road games in Philadelphia to close out a full seven-game NLCS went against every expectation. Now, […]


Midwestern University

Midwestern University: innovating Arizona health care education

Midwestern University’s Glendale Campus near Loop 101 and 59th Avenue is an established leader in health care education and one of Arizona’s largest and most valuable health care resources.

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