ARIZONA NEWS

Gatsby-esque Scottsdale spec home listed for eye-popping $32 million

Jun 9, 2022, 11:16 AM | Updated: 7:51 pm

PHOENIX – A yet-to-be-built Scottsdale luxury residence worthy of the Great Gatsby was listed Wednesday with the highest price tag for a spec home in Arizona history.

Jerry Smith, owner of the property in northeast Scottsdale’s ultra-exclusive Silverleaf gated enclave, is asking $32 million for what will be a 17,267-square-foot estate called Ellington Heights.

“In our opinion, it’s one of the best remaining lots in the upper canyon,” Smith said in a press release.

“Add the fact that we have created a ‘best in class’ team across the board, which makes us excited to introduce the community to this fantastic project.”

The seven-bedroom, 10-bathroom home was designed by Drewett Works and Ownby Design and will be built on the 2-acre lot at 20568 N. 112th St. by GS Fries Construction.

“Ellington Heights will indeed infuse Silverleaf with a refreshed modern design aesthetic,” lead architect CP Drewett said in the release.

“Steeped in the Roaring Twenties, this game-changing prairie-style estate takes luxury desert living to the next level.”

The three-story home will be great for Gatsby-style parties, with multiple bars, a game room, easy-to-access appliances hidden throughout the interior and an upper-level 90-foot-long pool.

And for everyday recreation, there’s a heated pool and spa, golf simulator and putting green, and great views through floor-to-ceiling windows.

The plans also include garage space for 20 vehicles, including a 16-car “showroom,” as well as a guest house with separate entry.

Allan MacDonald of Russ Lyon Sotheby’s International Realty is the listing agent.

“This architectural masterpiece and design elements in this beautiful estate represent the past and the future in epic proportion,” MacDonald said in the release.

The asking price is not only a record for a spec home, but it has the potential to set most expensive residential property in state history. The mark was set last week when a newly built Silverleaf property closed for $28.1 million.

But there’s competition on the market already. An 18,000-square-foot spec home at 7265 N 40th St. in Paradise Valley was listed in April for $30.6 million.

Lifetime Windows & Doors

We want to hear from you.

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

Arizona News

(Facebook Photo/Arizona Humane Society)...
KTAR.com

Arizona Humane Society receives $10,000 grant for senior dogs

The Arizona Humane Society on Tuesday was one of the recipients of a $10,000 grant to ensure senior dogs receive proper veterinary care.
1 day ago
(Pexels photo)...
KTAR.com

Former Phoenix elementary school budget specialists indicted for fraud

Two former Wilson Elementary School District budget accounting specialists were indicted for fraud scheme charges.
1 day ago
(AP Photo/Steve Helber, File)...
KTAR.com

Microchips bill driven by Sens. Sinema, Kelly of Arizona earns praise from business leader

Bipartisan legislation negotiated by Democratic U.S. Sens. Kyrsten Sinema and Mark Kelly of Arizona became law Tuesday, a move commended by one of the state's top business executives.
1 day ago
(Facebook Photo/Villago Middle School)...
Danny Shapiro

Arizona school district moves to 4-day weeks to boost teacher recruitment, retention

An Arizona school district moved to four-day weeks this year in an effort to boost teacher recruitment and retention and it's working, according to one principal.
1 day ago
(Facebook Photo/Phoenix Police Department)...
KTAR.com

Motorcyclist dead after collision with sedan in Phoenix

A 22-year-old man was killed in a collision involving a motorcycle and a sedan Tuesday morning in Phoenix, authorities said.
1 day ago
(Facebook Photo/Phoenix Police Department)...
Sponsored Content by

A 22-year-old man was killed in a collision involving a motorcycle and a sedan Tuesday morning in Phoenix, authorities said.

Sponsored Articles

...
Day & Night Air Conditioning, Heating and Plumbing

Here are 4 signs the HVAC unit needs to be replaced

PHOENIX — When you think about home investments, what’s the first thing that comes to mind? Was it the air conditioning unit? Pool renovations and kitchen upgrades may seem enticing, but at the forefront of these investments arguably should be what residents use the most. In a state where summertime is sweltering, access to a […]
...
Day & Night Air Conditioning, Heating and Plumbing

Most plumbing problems can be fixed with regular maintenance

Instead of waiting for a problem to happen, experts suggest getting a head start on your plumbing maintenance.
...
CANVAS ANNUITY

Best retirement savings rates hit 4.30%

Maximize your retirement savings with guaranteed fixed rates up to 4.30%. Did you know there is a financial product that can give you great interest rates as you build your retirement savings and provide you with a paycheck for life once you retire? It might sound too good to be true but it is not; this product is called an annuity.
Gatsby-esque Scottsdale spec home listed for eye-popping $32 million