A newly built Paradise Valley estate has hit the market with an $11.975 million price tag, and it is clearly geared toward buyers who like to entertain. The single-level home spans about 10,533 square feet, was completed in 2025 and includes seven bedrooms. Beneath the main living level sits a roughly 3,000-square-foot finished basement that is being marketed as an entertainment zone, with a bar and lounge, golf simulator room, home theater, gym and a wellness suite featuring a cold plunge and infrared sauna. The property covers about 1.06 acres and is pitched as a turnkey entertainer’s home.
Listing and layout
Broker pages outline a floorplan loaded with high-end finishes, calling out indoor-outdoor flow, automated pocket doors and multiple terraces. According to Redfin, the finished basement, outdoor kitchen and pool are central selling points, and the broker notes mountain views from several vantage points around the property.
Builder and agent
Marketing materials identify Denver-based Aspen Dev Co as the developer and credit The Ranch Mine with both the architecture and interior design. The property is listed by Adrian Heyman of The Agency, and the Compass page shows permit history, tax data and the home’s 2025 completion status.
Where this fits in the local market
The asking price lands amid a busy run of trophy-home activity in Paradise Valley, where new builds and big-ticket resales have been prominent this spring. As reported by Phoenix Business Journal, this is Aspen Dev Co’s fourth Paradise Valley listing this season, and the outlet cited about 8.18 months of supply in the luxury segment…