ARIZONA NEWS

New Scottsdale mountainside estate sells for state-record $28.1 million

Jun 2, 2022, 10:35 AM | Updated: Jun 3, 2022, 10:05 am

PHOENIX – A newly built Scottsdale home with breathtaking views sits alone atop the Arizona real estate mountain as the most expensive residential sale in state history.

The record-breaking $28.1 million deal closed on Wednesday, about three months after the mountainside estate in the prestigious Summit at Silverleaf community hit the market.

The seller didn’t get the full asking price of $29.5 million, but the sale shattered the previous record of $24.1 million paid for a Silverleaf property in October 2020.

Construction at the 4.6-acre site was completed in 2021. The residence, named Altitude at Silverleaf, was listed in February.

Scottsdale realtor Darren Tackett, founder of The Tackett Team with RE/MAX Fine Properties, represented the seller.

“There was no shortage of attention for this gorgeous property,” Tackett said in a press release. “The property was only on the market for 28 days, which is common for non-luxury listings but unheard of for a property in this price range.”

Laura Briggs of Russ Lyon Sotheby’s International Realty represented the buyer.

“I feel very blessed to have been involved in making history with the most significant sales price in residential real estate in Arizona,” she said in a statement. “Our luxury market continues to thrive with national and international buyers.”

The opulent 21,150-square-foot residence has eight bedrooms and 18 bathrooms (12 full, six half).

The three-level layout, including a guest casita and separate “in-law” quarters, was designed by Dale Gardon and built by Mast Luxury Homes.

The estate boasts a covered tower that provides panoramic views of the city and desert landscape, along with an infinity pool on the edge of a resort-like deck.

Other luxurious elements include an elevator, an exercise room with a steam shower, a yoga/art room, a home theater and a 12-car garage.

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New Scottsdale mountainside estate sells for state-record $28.1 million