$9.5 Million Dollar Home Sale

Posted on February 24th, 2006 by ScottsdaleHomes.com

SOLD!  DC Ranch deal among biggest in Central Arizona…

Recently a house in an exclusive section of DC Ranch has sold for $9.5 million in a deal that ranks as the third highest in Valley history.

The 11,000 square foot home sits on two acres in Silverleaf.

Gietz Master Builders was the homebuilder. William and Janis Meadows are listed as the buyers.

Silverleaf Custom Home Sets Record

Home sites at Silverleaf in North Scottsdale can sell for as much as $5 million+, with most going for $2 million to $3 million.

The Valley’s top house sale was $11.4 million for a Paradise Valley estate bought last year by a limited liability company belonging to venture capitalist Kent Mueller.

The number two spot is held by European businessman Pierre Falcone’s $9.6 million purchase in 2001 of a house near Mummy Mountain, also in PV.

Look for Silverleaf at DC Ranch to start challenging those old record sales!

North Scottsdale News

Comments

2 Responses to “$9.5 Million Dollar Home Sale”

  1. Nathan Tobias (1 comments) on March 3rd, 2006 5:06 pm:

    Hard to believe that area between Troon and McDowell Mountain Ranch has grown into the next PV of Arizona!

    I’ve heard that other homes being built in Silverleaf have much bigger price tags on them. Why aren’t we hearing about them?

  2. Matt Pellerin (15 comments) on March 5th, 2006 2:56 pm:

    Actually you are 100% correct. There are a lot of homes worth much more than that one, but they are being built to suit vs. being a spec home like the one in the article.

    In fact, the Hilton’s are having a very large estate built in DC Ranchs’ Silverleaf in