Largest Deal in History of Arizona MLS Closed by Robert Joffe

PHOENIX, AZ – 23 Jan, 2017 – Robert Joffe, founder of The Joffe Group at Launch Real Estate, announced today that he has closed on the sale of a $12,750,000 home in Paradise Valley.

According to a comparative release report run on Arizona’s MLS, this is the largest deal in the state’s history. The second closest deal was a home for $12,500,000 that closed in August 2000. Joffe represented the seller.

The home is a 14,150-square-foot, 2.5-acre gated estate in Paradise Valley, Ariz. Built in 2009, this Georgian Revival-style mansion features seven en suite bedrooms, 12 bathrooms, detached two-bedroom/two-bathroom guest house, 11-car motor court, fitness facility with steam/sauna/shower and Crestron Home Automation System.

“Not only are we delighted to announce the sale of this magnificent home, we feel strongly that this is a sign of times to come,” Joffe said. “We are seeing incredible high-quality homes come onto the market and predict we will see additional closings in 2017 of homes in the $7 million-and-up price range.”

Other amenities include professional home office with separate entrance, reception area, restroom and dedicated parking; air conditioned pool cabana; home theater with one-touch retractable curtains and 800-bottle temperature-controlled wine cellar, among other things.

“This is a perfect way to kick off 2017,” said John N. Vatistas, founder and CEO of Launch Real Estate. “Robert and his team are exceptional so it’s no surprise that they are closing on a property of this magnitude.” 

About Robert Joffe and The Joffe Group

Robert Joffe boasts nearly 30 years of operating experience in many facets of the real estate business. He brings 16 years of operating experience in shopping mall-based selling and marketing and was the co-founder of the original mall-based real estate concept that is now duplicated all over the country. For the last 15 years, the Robert Joffe name has been synonymous with luxury real estate.

In 2006, Robert formed The Joffe Group; Robert and his team are continually among the top producers in the Valley. Robert has earned many awards and distinctions for his leadership and production and is consistently ranked in the Business Journal’s Book of lists as a top producer in the Valley and by The Wall Street Journal as one of the top 250 agents in the nation. Robert is a special real estate commissioner for the Maricopa County Superior Court. The Joffe Group is part of Launch Real Estate.

For further information, please contact:

Beth McRae
The McRae Agency

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