Not a typo: Price tag on super ritzy Paradise Valley estate set at $75 million

Mar 1, 2023, 10:03 AM
(WOW AZ Luxury Properties Rendering) (WOW AZ Luxury Properties Rendering) (WOW Luxury Properties Rendering)

PHOENIX – You’re going to need a bigger wallet for this. A custom home priced at a jaw-dropping $75 million is going up in Paradise Valley, the builder and selling agent said.

Plans for the 40,000-square-foot Palo Cristi Estate boast of 13 bedrooms, 24 bathrooms (16 full size), a garage with room for 15 cars, four kitchens, two spa locker rooms, a two-story aquarium, two bowling lanes, a casino room and a recording studio, Cullum Homes and WOW Luxury Properties said in a press release Tuesday.

Outside, one of the two pools on the 2.21-acre site has been dubbed the cinema pool and features a large viewing screen and a waterfall. The pools share space with a lazy river, a water slide, an island green for putting, three fire pits, two kitchens and stage.

Cullum Homes and WOW Luxury Properties say it’s the most expensive home ever built in the state.

“We have built some extraordinary homes over the last 38 years but all of us at Cullum Homes are extremely excited to be bringing this caliber of home to the Valley,” Lindsay Cullum Colwell of the Scottsdale-based builder said.

“We feel this is an untapped market and this level of a luxury estate is needed.”

The Phoenix Business Journal reported the location as 3627 E. Bethany Home Road, a new address for what was once 5835 E. Palo Cristi Road, site of a home that was torn down.

WOW Luxury Properties bought the land in April 2022.

“We are ready now to show the next level of luxury real estate,” David Hersh, CEO of WOW Luxury Properties, said.

We want to hear from you.

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

Arizona News

Kevin Stone

Metal veterans Mudvayne to play Phoenix area for first time since 2009

Mudvayne's Psychotherapy Sessions Tour will stop at Talking Stick Resort Amphitheatre in Phoenix in August.
22 hours ago
(Facebook Photo/Arizona Supreme Court)...
SuElen Rivera

Arizona Supreme Court says Hobbs not required to carry out execution warrant

The Arizona Supreme Court ruled on Wednesday that Gov. Katie Hobbs is not obligated to carry out an execution warrant for Aaron Gunches.
22 hours ago
(Facebook Photo/Copper Canyon Fire and Medical District)...

Crews rescue multiple people, pig from floodwaters in Arizona

Crews were able to successfully rescue multiple people and a pig from floodwaters that gushed through portions of Arizona on Wednesday.
22 hours ago
(Pixabay Photo)...
Kevin Stone

Supt. Horne says crank call ‘idiocy’ won’t derail Arizona hotline for parent complaints

Arizona Superintendent of Public Instruction Tom Horne said bogus reports won’t sidetrack the hotline he created to field parent complaints about lesson material.
22 hours ago
(Facebook Photo/Arizona Lottery)...

Triple Twist jackpot ticket worth $225,000 sold at Phoenix grocery store

The latest big Arizona Lottery winner came Tuesday after a six-figure ticket was sold at a Phoenix grocery store.
22 hours ago
Leslie Yeager (Maricopa County Sheriff's Office Photo)...

Arrest made in Phoenix hit-and-run that caused pregnant passenger to lose baby

A Phoenix woman was arrested and charged with manslaughter and drunken driving after a pregnant woman miscarried following a hit-and-run collision earlier this week.
22 hours ago

Sponsored Articles

(Photo: OCD & Anxiety Treatment Center)...

Here’s what you need to know about OCD and where to find help

It's fair to say that most people know what obsessive-compulsive spectrum disorders generally are, but there's a lot more information than meets the eye about a mental health diagnosis that affects about one in every 100 adults in the United States.
Day & Night Air Conditioning, Heating and Plumbing

Prep the plumbing in your home just in time for the holidays

With the holidays approaching, it's important to know when your home is in need of heating and plumbing updates before more guests start to come around.
(Desert Institute for Spine Care photo)...

Why DISC is world renowned for back and neck pain treatments

Fifty percent of Americans and 90% of people at least 50 years old have some level of degenerative disc disease.
Not a typo: Price tag on super ritzy Paradise Valley estate set at $75 million