😲O.M.F.G! Most expensive home ever in Arizona lists for $75 million, not even built yet.

A (proposed) 40,000 -square-foot mega mansion, known as “Palo Cristi Estate,” in Paradise Valley, Arizona listed Monday for $75 million, making it the most (or one of, not confirmed) expensive listing in Arizona ever!

The property, which is to be built, would be the most expensive home ever sold in Arizona if it gets its asking price!

According to the property listing… Arizona’s leading custom home builder, Cullum Homes, is proud to partner with WOW Luxury Properties and present Arizona’s most expensive home to ever be built. Introducing the $75 million Palo Cristi Estate Luxury Properties purchased the land last April and immediately partnered with Cullum Homes with the direction to define a next level of luxury in Paradise Valley. The mandate has been to spare no expense in creating a home that is both functional and captures a WOW from every room. Shortly thereafter the team selected Desert Foothills for its landscaping with the same mandate. A mandate that applies to the two adding parcels which are also for sale. The custom home will include the following amenities – 13 bedrooms, 16 bathrooms, eight half-bathrooms, two Spa Locker Rooms, Garage space for 15 cars, four kitchens, four wet bars, two outdoor kitchens, one 2-story office/library, conference room, two bowling lanes, indoor shooting range, golf simulator, movie theater/Metaverse room, spa, one home gym, casino room, recording studio, collector’s gallery, two story will be seven bedrooms in the main house with four bedrooms in the conference building, one bedroom in the attached casita and one bedroom in the guard house.

The property’s Spa will feature two locker rooms, sauna, snow room, Vitality Pools, two massage/treatment rooms. Inside the garages there will be a five-car garage with a car lift down…

David Hersh with Realty One Group holds the listing.

My take:

Who says the real estate market in Scottsdale-Phoenix-Paradise Valley is crashing? It’s going to take a very patient buyer, one who is willing to wait years as I hear they are at least a year out for permits. When it’s all said and done, I believe this home will be phenomenal, jaw dropping an expression we Realtors throw out. The $75M price tag is hard to swallow but more power to the buyer with that budget. I for one hope they get their price!

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