PHOTOS BY AUSTIN NICKEL | 5 VISUAL
By Angela Gonzales | Phoenix Business Journal
After paying a record-breaking $9.4 million for a 4.96-acre vacant parcel along Billionaire’s Row in Paradise Valley two years ago, Bradley J. Robertson just sold it for $12.5 million cash.
Closing on Nov. 18, this transaction represents a new record as the highest price ever paid for a homesite in Arizona. David Larchez of Silverleaf Realty had listed it on Robertson’s behalf for $15 million in April, with the purchase price including Bing Hu architectural plans for a 51,585-square-foot mansion.
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Internationally renowned architect Bing Hu designed this 51,585-square-foot home at 5711 N Yucca Road, Paradise Valley, that just sold for $12.5 million in cash.