Phoenix Mansion Sale Hits $10.6M
The $10.6M Paradise Valley Mansion Sale A swift luxury deal reset expectations in Paradise Valley when the modern estate at 5120 North Casa Blanca Drive closed for $10.6 million. Set on about 4.3 acres, the residence combines contemporary architecture, high-end interior finishes, and notable privacy on one of the community's most exclusive streets. Open-concept design and smart home technology remain especially attractive to luxury buyers seeking both convenience and long-term value. The setting places the estate near Camelback Mountain and surrounding preserves within the Phoenix metropolitan area. The broader luxury market remains active, highlighted by a $16 million speculative Paradise Valley mansion sale that closed just two days after listing. Deal Structure and Buyer The celebrity buyer was former Major League Baseball outfielder Matt Holliday, who purchased the newly built home from Rex and Ruth Maughan. Agents Walt Danley and Catherine Jacobson handled the transaction th...