Paradise Valley, a small and affluent town in Arizona, is known for being a tourist attraction and also for its really expensive real estate. A property that is currently on the market in the area is set to prove just how expensive Paradise Valley’s real estate can get.
With an asking price of $35 million, this property featuring a swimming pool, multiple pool houses, and a three-bedroom guesthouse with an accompanying infinity pool, belonging to Robert Sussman, the founder of a hedge-fund company by the name of Bentley Capital Management, is on course to set a record as the most expensive home to be sold in Arizona.
Walt Danley Realty’s Walt Danley and Catherine Jacobson, in collaboration with Christie’s International Real Estate, are listing the 12-acre gated property.
The 30,000-square-foot main house has five bedrooms; a master suite with a sitting room, an office, a kitchenette, and multiple terraces and closets; a basketball court with both an electronic scoreboard and a skybox; a movie theater with its own lobby; and a hair salon. The estate, which is surrounded by palm trees, also has views of the nearby Camelback Mountain.
It took nearly five years for the mega mansion, completed in 2005, to be built.
Sussman, who resides in the record-breaking home with his wife, is said to be leaving the property in order to be closer to family in California.
Images courtesy of The Wall Street Journal