
After paying a record-breaking $9.4 million for a 4.96-acre vacant parcel along Billionaire’s Row in Paradise Valley two years ago, Bradley J. Robertson just sold it for $12.5 million cash.Closing on Nov. 18, this transaction represents a new record as the highest price ever paid for a homesite in Arizona. David Larchez of Silverleaf Realty had listed it on Robertson’s behalf for $15 million in April, with the purchase price including Bing Hu architectural plans for a 51,585-square-foot mansion.Bringing the undisclosed buyer to the table was Frank DiMaggio of Compass.This record transaction is DiMaggio’s second record deal. In June 2023, DiMaggio sold a 1.25-acre lot in Paradise Valley for a record $7 million in cash.That deal represented the record for price per square feet, while this new $12.5 million sale represents the most expensive lot for a single-family home, DiMaggio said.His client, who DiMaggio said is an entrepreneur who has other re …
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