East Caballo LLC, a Delaware limited liability company, paid $8.65 million for a Paradise Valley mansion.
The 11,700-square-foot, five-bedroom, seven-bathroom estate is located near Scottsdale Road and Shea Boulevard, according to public real estate records.
The home is a palatial estate in the French provincial style, nestled behind an ornate gate and opening up to a circular gravel motor court, surrounded by views of Mummy Mountain.
Peter Ax, a venture capitalist with Phoenix Capital management, originally purchased the home in 2001, and then gave it a full remodel it in 2012.
The home's red tile roof, off-white stucco walls and blue shutters make it the quintessential French country estate.
Inside, the curved hallways are fitted with a series of arched French glass-doors, which bring in an abundance of natural light into the home, making it perfect for indoor and outdoor entertaining.
Ax also added several features to the home in the remodel, including a private bistro with custom wine cellar, a glass solarium attached to his private study, and a two-bedroom, one-bathroom guest cottage.
The home's unique design has been featured in the Wall Street Journal and Phoenix Home & Garden magazine.
The estate sold last month.