Eight-Acre Arizona Estate with 40-Seat Home Theater Sells for $6.7 Million
A more than 8-acre estate in North Scottsdale, Arizona, sold last week for $6.7 million after years on and off the market.
The property includes a bevy of upscale amenities, from a 40-seat home theater to a fitness center that is a “pro-athlete’s paradise” and includes an Olympic-size pool, sports courts, a putting green and workout facilities with a weight room. , lockers and a steam shower, according to the listing with Frank Aazami and David Mayo of Russ Lyon Sotheby’s International Realty.
“When it comes to amenities, this property is truly a once-in-a-lifetime estate,” Mr. Aazami said in a statement, noting that the deal was one of the biggest transactions in the ZIP code since the market downturn last April.
The home has been on offer for at least five years, when it was listed for nearly $8 million, according to AZCentral.
Built in 1990, the mansion is 12,500 square feet and features a great room with a professional-style wet bar and room for a grand piano, a formal dining room, a family room with a built-in aquarium, a chef’s kitchen, a study with stone work and ornate wall paper and a library with floor-to-ceiling wood shelving, according to the listing.
The “unbelievable” theater has a stage area, a sound board room, a soda station and another wet bar, plus plush seats for viewing, the listing said. Other features include a private wine room, a game room, an eight-car garage and a casita.
There are six bedrooms and 10 bathrooms, with a primary suite that offers vaulted ceilings, outdoor space, a fireplace, a dressing room and a marble bathroom.
In addition to the fitness amenities, the outdoor space offers a kitchen, a number of covered and uncovered terraces, waterfalls, a grotto pool area, a built-in ping pong table, bocce and tennis courts, multiple fire pits and a pond, the listing said. There is also a manicured lawn, plus native cacti and palms.
“As a former high-end vacation rental, the estate was often rented at a premium by professionals in the LA film industry, as well as athletes and entrepreneurs,” the listing said.
The home last traded for $3 million in 2012 through a limited liability company, according to records with PropertyShark. Mansion Global could not determine the owner.