Real estate

Paradise Valley home sale exceeds record in historic neighborhood

Posted 5/18/22

Russ Lyon Sotheby’s International Realty has announced a record home sale in Paradise Valley, inside one of the oldest and most historic neighborhoods in Arizona.

Luxury agent Frank Aazami …

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Real estate

Paradise Valley home sale exceeds record in historic neighborhood

Posted

Russ Lyon Sotheby’s International Realty has announced a record home sale in Paradise Valley, inside one of the oldest and most historic neighborhoods in Arizona.

Luxury agent Frank Aazami of Russ Lyon Sotheby’s International Realty represented the seller of a Palo Cristi property, which served as part of a larger portfolio sale, according to a press release.

The property, which is located in the Town of Paradise Valley, just off of Lincoln Drive and 36th Street, near Piestewa Peak sold for a record breaking $7.75 million plus $2 million for the adjacent one-acre lot, totaling a sum of $9.75 million. Altogether that makes it the highest selling property west of 40th Street in Phoenix, surrounding the Biltmore area, the press release stated.

The estate at 5837 N. Palo Cristi Road measures out to 12,261 square feet.

As one drives up, they are greeted by a driveway fountain, one of five fountains on the property and an opulent, regal front entry lined with Greek columns.

The back yard features views of Camelback Mountain and Piestewa Peak. It also offers an Olympic size pool and spa, bocce ball courts, a putting green, and a sand volleyball court for the sports enthusiasts. For the kids it features an in-ground trampoline, a play area and park-like grounds. The back is where most of five carved fountains are featured, as are two fire pits, a fireplace, covered outdoor living and dining patio, and a guest home. All of those features are on a parcel over 3.5 acres.

Inside, the home has seven bedrooms and nine bathrooms with custom inlaid polished marble floors, limestone columns and an imported Italian staircase.

Want to enjoy a glass of red or white? Make your way to the stone-clad wine cave with over 600 bottles. Want to play a few games? There’s a game room for that. How about a movie? You can head to the theater room; a room for every occasion.

All in all, the home offers five fireplaces, an exercise room, a sauna in the master suite, an executive office, a butler’s pantry, a caterer’s kitchen, wet bar, along with all of the aforementioned rooms for business or pleasure.

The Palo Cristi home features dual master bedrooms, a guest suite, and a formal office. The open floor plan has 18-foot ceilings with floating box beam ceiling treatments. It also features a gas linear fireplace in the main room as the centerpiece of the living area.

Along with all that space and the amenities to entertain, there is an eight-car garage to allow room for everyone, with room to build more and no HOA, the press release states.

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