As any experienced realtor or real estate investor will tell you, buying a home in a neighborhood where more expensive homes are being built is a smart move.
If true, it’s time to buy in Paradise Valley – quick!
In a move that will certainly raise eyebrows if not the average price of Paradise Valley real estate, WOW Luxury Properties has announced plans for a $75 million mansion.
WOW said they purchased the land at 5837 N. Palo Cristi Rd. in April 2022 and partnered with builder Cullum Homes to spare no expense in constructing the home with 13 bedrooms, 16 full baths, and another 8 powder rooms.
Other amenities include: two Spa Locker Rooms, Garage space for 15 cars, four kitchens, four wet bars, two outdoor kitchens, one 2-story office/library, conference room, two bowling lanes, indoor shooting range, golf simulator, movie theater/Metaverse room, spa, one home gym, casino room, recording studio, collector's gallery. There are resorts in the valley with less.
Check out the listing here: 5837 N. Palo Cristi Rd
Or, if you’re looking for a home in Paradise Valley that’s perhaps a tad more modest – which would be anything else – your best start is to work with a real estate agent certified in both land and luxury properties like Denise Hurd.