Robert Sarver’s home becomes highest-priced sale in Arizona history

Residential Real Estate | 30 Nov |

Realtors Walt Danley and Catherine Jacobson of Walt Danley Christie’s International Real Estate masterfully worked a deal representing the buyer in the purchase of a $19.25 million estate in Paradise Valley, notably the highest-priced home sale in Arizona history. The former homeowner of the luxury property is Robert Sarver, owner of the Phoenix Suns, founder of Southwest Value Partners and Executive Chairman of Western Alliance Bancorporation.

“The gorgeous estate is like no other you will find in the world,” said Walt Danley, president and founder of Walt Danley Christie’s International Real Estate. “While the home is certainly desirable, making a deal of this magnitude come to fruition is a feat for all parties involved and requires intricate knowledge of the real estate process. Catherine (Jacobson) and I are both humbled and pleased beyond words to partake in such a critical role as matchmaker, and for our client’s family to now be able to move into their new dream home.” 

Danley started his real estate career in Paradise Valley over 40 years ago and has consistently placed among the top one percent of real estate agents in the United States. He has assembled a growing team of top luxury real estate specialists and has offices in Paradise Valley and North Scottsdale. The brokerage is Arizona’s exclusive affiliate of Christie’s International Real Estate. 

“As the most expensive house ever sold in Arizona, this is certainly a noteworthy milestone for our community and our luxury real estate market at large,” adds Jacobson, Associate Realtor with Walt Danley Christie’s International Real Estate. “We take great pride in bringing buyers and sellers together in a transaction that serves their best interest for the future, and we accomplished that here.” 

While the buyer prefers to maintain discretion, Danley shares that key highlights of the sprawling mansion that attracted the buyer’s interest in the property included a state-of-the-art indoor basketball arena, to majestic views of Camelback Mountain. 

Representing the property was Launch Real Estate. Luxury Real Estate Agent Chris Karas, co-founder of Launch Real Estate and President of The Karas Group sold the 28,000 square-foot-homeLocated at 5710 N. Yucca Road in Paradise Valley, the estate was an off-market sale and now mark’s the largest residential sale to date in Arizona.

“Discretion and confidentiality are two pillars of the Karas Group. While I will not comment on my client specifically, I will say it is one of the greatest honors of my career to list and sell this home, achieving top dollar for my clients,” said Listing Agent Chris Karas, of Launch Real Estate.  “To date this is the highest closed real estate transaction, on the MLS, in the history of Arizona. It will always remain an honor and a privilege to successfully represent the luxury community in Arizona.”

The estate boasts more than 18,000 square feet with five bedrooms in the main house and an additional two-bedroom guest house that can either be a part of the home or locked off. Sitting on 5 acres, the home is framed by Camelback Mountain views. The master retreat showcases a private exercise studio, sitting room, his and her closets, a salon and an oversize private spa with an outdoor shower. The office is a work-of-art with incredible wood craftsmanship. Beautiful formal areas with reclaimed beams and the finest finishes you can find throughout the home. A wonderful chef’s kitchen overlooking the comfortable family room and bar with two walls of glass which pocket into the walls to make the outdoor spaces a part of the home.

Headquartered in Paradise Valley, Walt Danley Christie’s International Real Estate has office locations at 6720 N. Scottsdale Road, #140, in Paradise Valley and 8955 E. Pinnacle Peak Road, Suite 104, in North Scottsdale. For more information about Walt Danley Christie’s International Real Estate, visit waltdanley.com.

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