A high-end Silver Sky estate in Paradise Valley has reportedly traded for a cool $20 million while crews are still busy finishing the interior, a rare off-plan closing that spotlights just how hot the town’s trophy-home market has become. The property, an 11,832-square-foot Modern European style estate at the base of Mummy Mountain, was developed by Scottsdale-based Silver Sky Development as buyers continue to shell out premiums for privacy, mountain views and one-acre-plus lots in Paradise Valley.
According to the Phoenix Business Journal, Silver Sky Development sold the under-construction estate on Tuesday for $20,000,000. The outlet reports that the deal closed while the home was still being built, making it one of the priciest off-plan transactions in metro Phoenix this season.
The MLS listing for 6109 E Maverick Road, marketed as the Nova showcase, pegs the home at about 11,832 square feet with six bedrooms, 10 bathrooms, a five-car garage, a detached 985-square-foot casita and a regulation-size pickleball court, according to Xome. The same listing notes a roughly 1.5-acre lot, mountain and desert views and an estimated early-2026 completion timeline.
Where It Sits And The Community
Silver Sky is a 12-home enclave tucked against the foot of Mummy Mountain, and the development’s website currently shows 6109 E Maverick Road as under contract, language that tracks with the Phoenix Business Journal’s reporting. Per Silver Sky Development, the community leans on one-acre parcels and award-winning showcase designs as its calling cards…