Phoenix Suns owner Robert Sarver has sold his Paradise Valley mansion for a record $19.25 million, according to real estate agents.
The sprawling 28,043 square-foot mansion has a state-of-the-art indoor basketball arena and views of Camelback Mountain.
The deal closed Monday, and the public real estate record isn’t available yet.
Robert and his wife Penny Sarver bought the property in 2007 and expanded the existing house on the prime Paradise Valley site.
Walt Danley and Catherine Jacobson of Walt Danley Christie’s International Real Estate represented the unnamed buyer of the property.
Chris Karas of the Karas Group with Launch Real Estate had the listing on the Sarver home.
The sale of the Sarver home busts the previous record price paid for an Arizona home.
In 2018, a group called Rimrock Properties paid $18.8 million in cash for a 21,000-square-foot mansion situated on 30 acres in Scottsdale’s posh Silverleaf neighborhood.
Reach the reporter at [email protected] or 602-444-8040. Follow her on Twitter @Catherinereagor.
Support local journalism. Subscribe to azcentral today.