A look inside Phoenix Suns owner Robert Sarver's Paradise Valley home that sold for $19.25M

Catherine Reagor | The Republic | azcentral.com

Phoenix Suns owner Robert Sarver has sold his Paradise Valley mansion for a record $19.25 million, according to real estate agents.

The sprawling 28,043 square-foot estate has a state-of-the-art indoor basketball arena and views of Camelback Mountain.

A group called 2123 Partnership LLC bought the home with a $4 million down payment, according to public records.

Robert and his wife Penny Sarver bought the property in 2007 and expanded the existing house on the prime Paradise Valley site.

Walt Danley and Catherine Jacobson of Walt Danley Christie’s International Real Estate represented the unnamed buyer of the property.

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Chris Karas of the Karas Group with Launch Real Estate had the listing on the Sarver home.

The sale of the Sarver home busts the previous record price paid for an Arizona home.

In 2018, a group called Rimrock Properties paid $18.8 million in cash for a 21,000-square-foot mansion situated on 30 acres in Scottsdale’s posh Silverleaf neighborhood.

Reach the reporter at Catherine.Reagor@arizonarepublic.com or 602-444-8040. Follow her on Twitter @Catherinereagor.

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