House of the Day: Heaven in Paradise Valley for $8.75M

There are some things in real estate that are just head-scratchers. Take the case of this 18,416-square-foot knockout known as the Cottontail Run Estate, located in the Arizona foothills just outside Phoenix. It's been on the market for about two years and is now listed at $8,750,000.

Put this house in Southern California and the price would double and we'd likely have a bidding war. Now I get that Arizona has fallen off many people's list of well-behaving states, but politics and crazed gunmen aside, there are so many outstanding features about this home that it's hard to know where to drool first.

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House of the Day: Heaven in Paradise Valley for $8.75M

There's a massive hand-carved portico entryway and sweeping staircases. Then there's the eat-in wine cellar, theater, game room, and formal living and dining room, which features stone columns rising up into massive wooden ceiling beams -- a neo-classic twist on ancient architectural principles.

There's a one-of-a-kind fireplace; a professionally equipped cook's kitchen designed for entertaining, and a 3,000-square-foot master-bedroom suite that claims its own wing of the house and features a travertine fireplace and spa bathroom.

The property has more than 5,000 square feet of outdoor patios and viewing decks along the front of the six-bedroom home. The 50-foot infinity edge pool and spa look southwest toward the sunset.

There are two outdoor kitchens, fire features and large lanai doorways. The 1.4 acre property sits high on a hill and overlooks a golf course. There is a seven-car garage.

Walt Danley of The Danley Group has the listing.

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