An almost 30,000-square-foot estate on 17 acres in north Scottsdale’s luxury community Silverleaf went on the market last week. The asking price: a cool $32 million.
That makes the property, complete with guard-gate house, pool house and guesthouse, the priciest home on the market in Arizona.
The Tuscan-Mediterranean-style mansion, built a few years ago, also comes with 14 fireplaces and 17 waterfalls and other aqua features.
For the sporting buyers, it has an indoor sports court and two indoor shooting ranges – one for guns and another for bow and arrows. The estate also has two large, swimming pools, and an arcade in the pool cabana.
The property is owned by Seth Koppes, co-founder of St. Louis-based Bancorp Services, according to Realtor.com.
Lisa Wadey of Russ Lyon Sotheby’s International Realty has the listing for the estate and doesn’t think the price tag is steep.
“It’s well worth $32 million,” she said. “This is 17 acres in the high desert with views of the city, privacy and the serenity of living in Silverleaf.”
Silverleaf is a gated community in developer DMB’s DC Ranch community.
Metro Phoenix’s luxury home sector is rebounding and actually doing better than the more affordable end of the housing market.
Arizona State University W.P. Carey School real estate analyst Mike Orr said sellers of single-family homes worth $500,000 or more are in luck now.
“With the stock market doing well and jumbo loans readily available, that segment of sales grew 14 percent from November 2012 to this past November,” he said.
Overall home sales were down almost 30 percent in November, according to ASU’s business school.
Some other features of the 30,000-square-foot estate:
-The main house has 22,000 square feet, five bedrooms, an office, movie theater, wine tasting room with humidor and an eight-car garage.
– The guardhouse includes a bedroom, bathroom and kitchenette.
-The guesthouse comes with two bedrooms with in-suite bathrooms and walk-in closets.
-Accordion doors open up from the main living room to overlook one of the swimming pools with a complete view of downtown Phoenix.
-The kitchen has two butler pantries and copper inlays on the floor.
“Many people who bought smaller second and third homes in the Phoenix area are finding they want to spend more time here in larger houses,” said Wadey.
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