Valley Luxury Homes Fetch Top Prices
Luxury resale homes in the Valley are still drawing record prices. This year, a 10,000-square-foot home in Paradise Valley sold for $14 million making it the most expensive resale home in the Valley’s history. The significant cost of the home isn’t due to appreciation alone, it’s the cachet of Paradise Valley’s 16,000 acres. Here home prices are more stable than in other parts of the Valley.
High Dollar Home Sale In PV
Basketball star Penny Hardaway made this week’s list of the buyers and sellers of the Valley’s priciest homes (for the week): $5,300,000. New York Knicks guard Anfernee Hardaway, also known as Penny Hardaway, has sold his 20,400 square-foot Paradise Valley estate. A group called Mortgages Ltd. bought (stole at that price IMO) the home and its two guesthouses.