In January, 2017, Robert Joffe, founder of The Joffe Group at Launch Real Estate, announced that he and co-listing agent Jonathan Friedland closed on the sale of a $12,750,000 home in Paradise Valley.

According to a comparative release report run on Arizona’s MLS, this is the largest deal in the state’s history. The second closest deal was a home for $12,500,000 that closed in August of 2000, according to a press release.

The home is a 14,150-square-foot, 2.5-acre gated estate in Paradise Valley. Built in 2009, this Georgian Revival-style mansion features seven en suite bedrooms, 12 bathrooms, detached two-bedroom/two-bathroom guest house, 11-car motor court, fitness facility and other amenities.

“Not only are we delighted to announce the sale of this magnificent home, we feel strongly that this is a sign of times to come,” Mr. Joffe said. “We are seeing incredible high-quality homes come onto the market and predict we will see additional closings in 2017 of homes in the $7 million-and-up price range.” 

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