The Most Expensive Home sold in Arizona last week

Only a handful of properties each year in the Phoenix area come up for sale that are a cut above the rest. They are true luxury at it's finest. The most expensive home that sold in Arizona last week was one of these magnificent mansions. Constructed in 2013 and listed as having a total living space of 22,215 square feet, this JR Mcdade Company built property sold for $7.315 Million dollars. What was also a rarity in the luxury home selling market is that this palatial estate was sold by auction through DeCaro Luxury Auctions. There was no reserve set and no minimum bid. The original list price was set at over $16 Million dollars back in 2014 so it seems like almost a steal for the new owner to have walked away paying cash for less than half of that asking more