If these past few years have taught us anything, it’s the importance of creating a space that works as a personal sanctuary—a home that you can retreat to when everything else is uncertain. Days are growing warmer and longer and while you might have exciting vacation plans on the horizon, sometimes the best way to […]
News Blog
Frank Aazami and David Arustamian of Russ Lyon Sotheby’s International Realty Announce Record Setting $9.75M Sale
PARADISE VALLEY, AZ USA – The Private Client Group is pleased to announce the sale of 5837 N Palo Cristi Road and 5815 N Palo Cristi Road, Paradise Valley, 85253 for $9.75 million represented by Frank Aazami and David Arustamian. A record setting package closing, featuring a grand European Estate boasting 12,261 sq ft and built […]
US Home Price Growth Highest in 45 Years
Annual growth in the CoreLogic Home Price Index for March exceeded 20 percent, the largest single-month figure in the index’s 45-year history. CoreLogic does not believe this trend will continue. Its HPI forecast for March 2022 reads that it will slow to about 6 percent next March, “due in part to rising mortgage rates and […]
Frank Aazami’s Featured Listing: The Soaring Life at The Aerie
The Aerie is uncompromised excellence — an estate home built to the highest standards of design, décor, furnishings, landscaping and outdoor appointments. The Modern/Transitional-style home is in highly desirable Laurel Lane Estates along the Cactus Corridor and within minutes of the many recreational, cultural, sports, shopping and culinary opportunities of Scottsdale. Built in 2001, the […]
The New York Times International Edition – April 2022
Russ Lyon Sotheby’s International Realty Announces A Record Breaking Sale in Paradise Valley
(SCOTTSDALE, Ariz.) – The extraordinary run of Russ Lyon Sotheby’s International Realty and its long-standing luxury real estate domination in Arizona has yet another landmark to tout. The brokerage has now sold and represented the most expensive, unsplit single-family land lot in Paradise Valley’s history. The parcel located at 5711 N. Yucca Road, 10 closed […]
Russ Lyon Sotheby’s International Realty Announces the Highest Closing Price Ever – $9.4M For the Highest Un-splitable Single-Family Homesite in Paradise Valley History
Frank Aazami and Zoja Pedenko Represented the Seller on this Record-Breaking Sale (PARADISE VALLEY, Ariz.) — The extraordinary run of Russ Lyon Sotheby’s International Realty and its long-standing luxury real estate domination in Arizona has yet another landmark to tout. The brokerage has now sold and represented the most expensive, unsplit single-family land lot in Paradise […]
Baller Homes: These 12 Luxe Residences Come With Basketball Courts to Help You Channel Your Inner LeBron
With NCAA March Madness back, the NBA season in full swing and shows like HBO’s Winning Time hitting the screen, basketball is officially in the air. If all that has got you fired up, you can get more than your head in the game with these impressive residential basketball amenities. No matter who they’re rooting for, ballers will appreciate […]
Panorama Estates: a Sip of the Southwest
Panorama Estates is 80 acres of possibilities in Arizona Wine Country. The new central Arizona single-home community is on the east side of Page Springs Road at Winter Sun Drive in Cornville, a town about an hour and a half north of Phoenix/Scottsdale. Out of the 69 approximately lots, 64 are available, says Frank Aazami, […]
Concierge Auctions, Sotheby’s, and Realogy Build a High-Performance Vehicle for Luxury Home Auctionse
Partnerships are in many forms, and, when they are well calculated, designed, and built with purpose, a long-standing friendship can result. In November 2021, Concierge Auctions announced that it was jointly acquired by Sotheby’s and Realogy Holdings Corp., collectively holding 80 percent ownership, and that it will continue to operate independently and work with listing […]
The Spark in Luxury Spec Homes
Until 2020, the luxury spec home market in the Phoenix area was standing still. Then real estate changed, the world changed. The pandemic transformed the way we design homes, build and live in them. When professionals started abandoning dense work spaces and working at home –– a lifestyle change many of us might have chosen […]
Frank Aazami’s Featured Listing – Southwest Silverleaf Splendor
This gated hillside estate celebrates Hacienda-style architecture in the Silverleaf golf community of north Scottsdale. The 6.250-acre mountainside sanctuary, 10738 East Diamond Rim, offers both privacy and connectedness to the lush High Sonoran Desert. On the west side of the McDowell Mountains and backing to the country’s largest municipal nature preserve, the 15,603-square-foot home was […]
SOLD | 25121 N 114th Street | Troon Village
Another PCGSOLD! We are delighted for our sellers and the new owners of this stunning view property in Troon Village! Closed on 2-10-2022 for $3,200,000! Impressive Troon Ridge Estates home featuring exceptional 360 degree views with a gorgeous negative edge pool & spa to enjoy! Open floor plan with 4 bedrooms, 5.5 bathrooms plus an […]
SOLD | World-Class Luxury Equestrian Estate
We are so happy for our sellers, and the new owner of this extraordinary equestrian estate! Closed 02-09-2022 for $5,600,000. View the MOTION VIDEO here. THE PERFECT OPPORUNITY! World-Class Luxury Equestrian Estate at a cachet location in the heart of Phoenix. Perfect also for the most serious of car collectors. Sequestered in a […]
2022 Luxury Outlook
Welcome to the Sotheby’s International Realty 2022 Luxury Outlook. In the pages that follow, we explore data as well as experts’ opinions to forecast the trends likely to shape this year and beyond, across the world’s prime housing markets. View the full outlook HERE.
FEATURED | Robb Report Luxury Property Guide, December 2021
Enjoy the full publication HERE.
FEATURED | Highline Autos 10/2021 | The Spark in Luxury Spec Homes
See the full article HERE. Until 2020, the luxury spec home market in the Phoenix area was standing still. Then real estate changed, the world changed. The pandemic transformed the way we design homes, build and live in them. When professionals started abandoning dense work spaces and working at home –– a lifestyle change […]
FEATURED | Real Estate Gifts | ASU News
Check out the full article HERE.
FEATURED | In House AZFOOTHILLS | 2022 Spec Homes
Read the full feature HERE.
FEATURED | Luxe Interiors + Design – The State of EPIC Design Nov/Dec ’21
We welcome you to browse this year’s EPIC Design issue, where we’ve featured a few of our favorite design concepts, and available inventory. Read the issue HERE.