An owner of the Arizona Coyotes hockey team, the founder of Forever Living Products and a former CEO of PetSmart were among the buyers and sellers of the priciest home sales in metro Phoenix this week. Paradise Valley was a hotspot for most of the sales.
Alex and Liset Meruelo bought a 22,000-square-foot Paradise Valley mansion. The home with 13 bedrooms and 16 bathrooms wasn’t listed, so there’s little information about it available. Besides owning a majority share of Arizona’s NHL team, Alex Meruelo owns five radio stations and a TV station in Los Angeles and two casinos in Nevada.
Rex and Ruth Maughan sold the home. Rex Maughan founded Scottsdale-based Forever Living Products, a company that sells aloe vera and bee hive makeup.
Joan Levinson of Realty ONE Group had the listing.
Bigger House Holdings LLC of Wyoming paid cash for a 9,686-square-foot Paradise Valley home with six bedrooms and seven bathrooms. The home comes with an outdoor basketball court, a swim-up bar, two cabanas, a home theater and heated floors.
The Delaware LLC Four E Family was the seller.
Alan Matula and Vrissiis Katapodi bought an 11,161-square-foot mansion in Paradise Valley’s Finisterre neighborhood. The home with five bedrooms and eight bathrooms is in between Mummy and Camelback mountains. It comes with a black marble slab bar, a “beautiful” motor court, a wine cellar and retractable glass walls.
Sandcastle Enterprise of Nevada sold the home.
Richard Engel purchased a 7,267-square-foot Santa Barbara-style Paradise Valley home with six bedrooms and 7 ½ bathrooms. The gated estate has a kitchen with a huge butcher-block island and triple ovens.
Michael and Lori Massey sold the house. Michael Massey is a former CEO of Phoenix-based PetSmart.
Bruce and Victoria Hensley of Boca Raton, Florida, paid cash for a 7,417-square-foot house in north Scottsdale’s Desert Mountain community. Bruce Hensley is the founder of PSIGEN Software, which was purchased by software firm Kofax a few weeks ago. The house, inspired by an Italian villa, has four bedrooms and 5 ½ bathrooms. It also comes with a chef’s kitchen, a “gentleman’s library,” a billiards room and six fireplaces.
The Laurel Boyanovsky Trust was the seller.
Reach the reporter at [email protected] or 602-444-8040. Follow her on Twitter @Catherinereagor.
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