November 25, 2024 5:55 am
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New Scottsdale mountainside estate sells for state-record

(Photo via Realtor.com)

By Kevin Stone | KTAR

PHOENIX – A newly built Scottsdale home with breathtaking views sits alone atop the Arizona real estate mountain as the most expensive residential sale in state history.

The record-breaking $28.1 million deal closed on Wednesday, about three months after the mountainside estate in the prestigious Summit at Silverleaf community hit the market.

The seller didn’t get the full asking price of $29.5 million, but the sale shattered the previous record of $24.1 million paid for a Silverleaf property in October 2020.

Construction at the 4.6-acre site was completed in 2021, and the residence was listed in February.

The opulent 21,150-square-foot residence has eight bedrooms and 18 bathrooms (12 full, six half).

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.