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 Valley’s history. The parcel located at 5711 N. Yucca Road, 10 closed Friday, March 25th, 2022 for a record-breaking $9.4 million.
Agents Zoja Pedenko and Frank Aazami represented the seller and spearheaded the transaction of the sprawling parcel of land which covers almost 5 acres.
Aazami says the buyer, who has not been named, plans to spend in the vicinity of $30 million to develop the land and turn it into their own dream property.
“This lot is one of the last, larger undeveloped pieces of land in the Town of Paradise Valley and we knew it was going to command a record-breaking price. This is one of those rare opportunities and we are more than pleased to have found the buyer who will now take the property to a whole new level,” said Aazami.
Photos of the property are available upon request.
For media inquiries please contact Jennifer Parks-Sturgeon at jparks-sturgeon@roseallynpr.com or 480.495.3806.
About Russ Lyon Sotheby’s International Realty
Since 1947, Russ Lyon Sotheby’s International Realty has gathered realty craftsmen dedicated to the ideals of integrity and professionalism. From the ownership, management, agents, and affiliate services, every person involved in the company utilizes innovative skills, programs, and technologies to create the finest real estate services company to be found.
The mission of Russ Lyon Sotheby’s International Realty is to provide its clients with the most responsive personalized service attainable – nothing less will do. The environment within Russ Lyon Sotheby’s International Realty is unique in the industry. Seasoned management innovatively supports the efforts of the Company’s members to create a dynamic and inspiring atmosphere that invigorates and hones the skills of everyone involved.
Collaboration and networking are fostered to create a synergy that puts the whole company to work for every client. The artistic blending of proven traditions and state-of-the-art innovation is unsurpassed. These assets are positioned on a base of financial stability and corporate staying power.
