Arizona Gov. Doug Ducey’s 11,400-square-foot Paradise Valley mansion recently sold for $8.15 million in cash, according to public real estate records.
Doug and Angela Ducey listed their French-style farmhouse for $8.75 million in December.
The move comes as the couple downsizes, then Ducey spokesman Patrick Ptak said at the time.
"They’re staying right here,” he said. “As many couples with kids leaving the nest do, they’ve decided it’s time to downsize."
No word yet on where the Duceys are moving.
PST Properties of Colorado bought the mansion that sits alongside the Paradise Valley Country Club and offers views of Mummy Mountain.
PST, a limited liability company, lists a mailing address at a multi-million dollar home in Carmel, Indiana. No other information for the buyer is listed in public records.
The Paradise Valley house, with six bedrooms and eight bathrooms, sits on more than two prime acres in the heart of metro Phoenix’s most exclusive neighborhood in the 85253 ZIP code.
Ducey, who was CEO of Cold Stone Creamery before getting into politics, bought the land for the home with his wife, Angela, in 2005. The couple paid $1.825 million for the large lot through a group called DAD Properties, according to public real estate records.
The Duceys then had the mansion built, where they raised their three sons.
Ducey bought a Flagstaff home in the private golf community of Forest Highlands in 2008, according to Coconino County records.
Reach the reporter at [email protected] or 602-444-8040. Follow her on Twitter @Catherinereagor. Check out your home's value and find more real estate news at streetscout.com.
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