Herberger Family Sells Paradise Valley Estate For $9.7M

A Paradise Valley estate located at 4645 East Quartz Mountain Road has been sold off-market for $9.7 million in cash. The property, with a total square footage of 7,259, was previously owned by the philanthropic Herberger family, known for their charitable contributions. The sale price translates to a price per square foot of $1,336.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $9,700,000
• Address: 4645 East Quartz Mountain Road, Paradise Valley, AZ
• Market: Paradise Valley, AZ
• Seller: Herberger Family
• Broker: Chris Karas - Compass

The transaction was facilitated by broker Chris Karas from Compass. The off-market sale indicates that the property was not publicly listed and the deal was conducted privately. The estate, with its impressive square footage and attractive sale price, offers a glimpse into the prestigious Paradise Valley real estate market.