Arcadia luxury estate sparks bidding war

By Angela Gonzales | Phoenix Business Journal

An Arcadia estate that sold for $10 million in an all-cash transaction in April 2025 just hit the market for $18.5 million — and already is in a bidding war.

“We’re already seeing a phenomenal amount of offer action,” said Katrina Barrett, designated broker and owner of Local Luxury | Christie’s International Real Estate and listing agent for the property. “We already have a bidding war. This will surely set the record for price per foot in Arcadia.”

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