Katrina Barrett Of Christie's International Real Estate Represents Sale Of Paradise Valley Estate For $40.24M

A 21,000-square-foot estate located at 5531 East Mockingbird Lane in Paradise Valley, AZ has been sold for $40.24 million. This single-family property spans approximately two acres and features a five-bedroom main house along with guest accommodations. It includes luxury amenities such as an indoor go-kart track, shooting range, safe room, beauty salon, and wine storage.

Summary of transation details:

• Property Type: Single Family
• Transaction Amount: $40,240,000
• Square Footage: 20,900
• Price Per Square Foot: $1,925
• Address: 5531 East Mockingbird Lane
• Market: Paradise Valley, AZ
• Broker: Katrina Barrett - Christie's International Real Estate
• Acres: 2

The transaction marked Arizona's highest home sale record, surpassing the previous $33.5 million record set last year. The deal was finalized on July 10, 2026, as an all-cash transaction.