An almost 38-acre gated compound with three luxury homes in north Scottsdale was the priciest home sale in metro Phoenix last week. Another sale set the record for the priciest house to sell in Fountain Hills.
An LLC called DDI on Dixileta led by Kyle Kite of Idalia, Colorado, bought a north Scottsdale compound with three homes. The houses all have 8,000 to 9,000 square feet of space. The property also comes with a guesthouse and a 4,500-square-foot pool and a recreation house that has a theater and commercial kitchen. The pool comes with a lazy river. Johnaquille Hegal sold the compound.
The Staines Trust of Lincoln, California, paid cash for an 18,364-square-foot Paradise Valley mansion. The trust is led by financial analyst Michael Staines and Lori Staines. The house with nine bedrooms and 13 bathrooms is located on 3 acres in the Casa Blanca neighborhood. It also comes with a guesthouse, a full-size indoor basketball court, a tennis court, a home theater, a wine cellar and three kitchens. Larry and Maris Smith of Las Vegas sold the home.
The Delaware LLC Bay Laurel Partners paid cash for a 9,300-square-foot mansion in Paradise Valley. The contemporary Mediterranean-style home is on the northern slope of Mummy Mountain. Besides five bedrooms and eight bathrooms, the home comes with floor-to-ceiling windows and an “entertainer’s kitchen.” Meir and Yvonne Zenati, owners of bespoke tile maker Tabarka Studio, sold the property.
An LLC named after the address of the home purchased a new 5,941-square-foot house next to the Phoenician resort on the Scottsdale-Phoenix border. The home with three bedrooms and 3½ bathrooms has a guest casita and pocket window doors. Ascent Builders sold the house that was built by Cullum Homes. Scott Grigg of Realty Executives had the listing.
Citadel Ranch LLC of Naples, Florida, paid cash for a 10,480-square-foot Fountain Hills mansion. The sale set a new price record for the Valley suburb. The hilltop home with five bedrooms and seven bathrooms sits on a hilltop on a 4-acre lot. The home features Brazilian tropical teak ceilings, retractable glass walls, custom-made Italian chandeliers, an outdoor kitchen and an elevator. The James Leonard Trust, which bought it for $5.5 million a year ago, sold the property.
Reach the reporter at [email protected] or 602-444-8040. Follow her on Twitter @Catherinereagor.
