Arizona luxury real estate just shifted into a higher gear — quite literally. A sprawling Paradise Valley estate featuring everything from an indoor go-kart track to a private shooting range sold for $40.2 million in July, setting a new record for the most expensive home sale in Arizona history.
The jaw-dropping property at 5531 E. Mockingbird Lane didn’t just make waves locally. According to Redfin, the sale ranked No. 8 among the 10 most expensive U.S. home sales in July, putting Paradise Valley in rarefied company alongside Bel Air, Malibu, Beverly Hills, Manhattan and Miami Beach.
It also marks the first time an Arizona property has cracked Redfin’s monthly national top 10…