Russ Lyon Sotheby’s International Realty: Sale is highest over last 14 months
Staff Reports | Free Press Properties
Frank Aazami and Zoya Pedenko — both of Russ Lyon Sotheby’s International Realty — are proud to announce the successful closing of an extraordinary residence in the Silverleaf community in north Scottsdale.
The property, found at 21297 N. 110th Way, is a meticulously updated masterpiece that boasts the impeccable design and craftsmanship curated by Jamie Rose Interiors.
The final sale amount? A staggering $13.85 million.
“From the moment you step inside, it becomes evident that every detail has been thoughtfully planned and executed with precision,” buyer’s agent Ms. Pedenko said in a prepared statement.
“The home offers breathtaking views of sparkling city lights, awe-inspiring mountains, and stunning sunsets, making its location nothing short of spectacular. Our network of private clients are always looking for the most exclusive and special properties in Arizona and beyond. We are proud to be able to offer global opportunities to our global clients’ needs.”
Mr. Aazami says the intrinsic value of the Silverleaf property is found in every detail of the property.
“In my professional opinion, this home is worth every penny, and it stands out among the homes within this exclusive community,” he said.
Mr. Aazami points out the opportunity to connect with a client residing in a 30,000-square-foot home with an enticing $40 million offer; however, he chose to decline continuing to remain steadfast to the enduring value and desirability of luxury real estate properties in the region.
“The seller’s unwavering commitment to this project, securing a $15 million investment and dedicating several years to oversee the remodel, is evident in every corner of this extraordinary residence,” Mr. Aazami said.
As per the Arizona Regional MLS, the highest recorded sale within Silverleaf took place in June 2023, with a closing price just over $11.8 million, which was facilitated by Russ Lyon Sotheby’s International Realty.
The community of Scottsdale — in particular its northern region — continues to be a place enhanced by its real estate growth, contributing to economic growth, job creation, healthcare facilities, education, and research opportunities.
The sale of this remarkable Silverleaf residence underscores the enduring appeal of the luxury real estate market in Scottsdale, according to Mr. Aazami and Ms. Pedenko.