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

File photo of construction on a home with downtown Phoenix, Arizona, in the background. Phoenix has...

Associated Press

Phoenix becomes largest US city to successfully challenge 2020 census numbers

Phoenix has become the largest U.S. city to successfully challenge its population count from the 2020 census.

17 hours ago

Arizona State Route 87 was closed northeast of metro Phoenix on Tuesday, May 30, 2023, because of a...

Brush fire closes portion of State Route 87 northeast of metro Phoenix

State Route 87 was closed northeast of metro Phoenix on Tuesday afternoon because of a brush fire, authorities said.

17 hours ago

Tazbah Spruhan of Window Rock, Arizona, reacts after misspelling "Groenendael" during a preliminary...

2023 Scripps National Spelling Bee starts with 3 Arizona students

Three Arizona middle school students, including one from the Valley, qualified to compete in this week's Scripps National Spelling Bee.

17 hours ago

Booking photo for Marco Antonio Aguilera, who is accused of stabbing a Scottsdale Quarter security ...

Man accused of stabbing Scottsdale Quarter security guard

A man was arrested over the weekend after allegedly stabbing a Scottsdale Quarter security guard, authorities said.

17 hours ago

Booking photo for Iren Byers, the suspect in a murder spree in Phoenix and Mesa, Arizona, and Mesa ...

Kevin Stone

Here’s what Mesa police have learned about suspect in weekend killing spree

With a suspect in custody, police are piecing together the details of a weekend killing spree in Mesa and Phoenix.

17 hours ago

(Pexels Photo, File)...

Pedestrian crossing Glendale street on red light dies after getting hit by vehicle

A pedestrian died Tuesday morning after she was hit by a vehicle in Glendale while crossing a street on a red light.

17 hours ago

Sponsored Articles


OCD & Anxiety Treatment Center

How to identify the symptoms of 3 common anxiety disorders

Living with an anxiety disorder can be debilitating and cause significant stress for those who suffer from the condition.

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

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.

(Desert Institute for Spine Care in Arizona Photo)...

Desert Institute for Spine Care in Arizona

5 common causes for chronic neck pain

Neck pain can debilitate one’s daily routine, yet 80% of people experience it in their lives and 20%-50% deal with it annually.

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