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Monday, December 5, 2011

November’s Priciest Home

If you’ve been following the areas priciest homes this past year, many have incorporated the Tuscan or Spanish influence and overlook the valley in far North Scottsdale.  As we round the final stretch for the year, November’s priciest home takes us back to Paradise Valley – and, it’s as far from traditional as can be.

Perched in the heart of PV between the Biltmore and Scottsdale gives November’s priciest home at
5937 N. La Colina Drive
prime billing when it comes to location.  Simple clean lines give way to some of the valley’s most spectacular views in this modern contemporary home.  Turns out the architect who designed this beauty was Charles Schiffner, son-in-law of Frank Lloyd Wright.  The home was marketed and sold by auction, with no reserve.

Closing at just over $450 a square foot, buyers Garel and Karen Westall of Carlsbad, NM came in with the highest bid.  This modern gem spans 9,500 square feet and features 4 bedrooms, 5 ½ baths including the gymnasium-sized steam shower in the master, a home theatre, a sleek and fully equipped studio/guest house and a spit-shined 4-car garage.  The home sold for $4,345,000 in the all-cash transaction.
Master sitting area.
Home theatre.

Here’s the details:

Listed September 1, 2011.  Auctioned October 20, 2011. Closed November 10, 2011.
Total days on the market was 45 days.
Original list price was $5,000,000.  Final sales price was $4,345,000.
Sales price per square foot: $456.26.

Photos courtesy of ARMLS.

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