Real estate

$75 million estate built in Paradise Valley

Palo Cristi Estate most expensive home built in state

Posted 3/1/23

The $75 million Palo Cristi Estate is the most expensive home to ever be built in Arizona.

Cullum Homes, which has been building award-winning, custom homes since 1985 in the neighborhoods of …

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Real estate

$75 million estate built in Paradise Valley

Palo Cristi Estate most expensive home built in state


A new home is being built in Paradise Valley’s Palo Cristi neighborhood that will cost a reported $75 million.

Cullum Homes, which has been building award-winning, custom homes since 1985 in the neighborhoods of Paradise Valley and Scottsdale, is partnering with WOW Luxury Properties and presents the Palo Cristi Estate, according to a press release.

Led by Rod and Kim Cullum, alongside daughter Lindsay Cullum-Colwell and son-in-law Paul Colwell, the Scottsdale-based builder joined forces with David Hersh and his WOW Luxury Properties on the design, architecture and building of this one-of-a-kind masterpiece home.

WOW Luxury Properties purchased the land last April and immediately partnered with Cullum Homes with the direction to define a next level of luxury in Paradise Valley. The mandate has been to spare no expense in creating a home that is both functional and captures a WOW from every room.

Shortly thereafter, the team selected Desert Foothills for its landscaping with the same mandate.

“We have built some extraordinary homes over the last 38 years, but all of us at Cullum Homes are extremely excited to be bringing this caliber of home to the Valley. With some of the country’s most successful entrepreneurs moving here, a lot of them being from California, New York and Chicago, we feel this is an untapped market and this level of a luxury estate is needed,” Cullum Homes Co-Owner Lindsay Cullum-Colwell said in the release.

The $75 million estate is one of four homes that WOW Luxury Properties, Cullum Homes and Desert Foothills Landscape are debuting together.

According to a press release, it is reportedly the state’s most expensive house.
Hersh said luxury real estate buyers moving to Arizona expect more for their money and that means proper attention to detail and following Paradise Valley’s defined guidelines that have made it the top zip code for decades.

“Coming off a spectacular Arizona sports month which included a $4 billion sale of the Suns, Barrett-Jackson, Super Bowl 57 and Waste Management Phoenix Open, it is time to take a new look at luxury in Paradise Valley,” Hersh said in the release. “Paradise Valley is the definition of the law of supply-and-demand and there is no more supply. To meet the expectations of the many new residents moving here from around the world, we have challenged Cullum Homes and Desert Foothills Landscape to bring a new vision to Paradise Valley. We are ready now to show the next level of luxury real estate.”

This custom home will include the following amenities: 13 bedrooms, 16 bathrooms, eight half-bathrooms, two spa locker rooms, garage space for 15 cars, four kitchens, four wet bars, two outdoor kitchens, one 2-story office/library, a conference room, two bowling lanes, movie theater/metaverse room, spa, home gym, casino room, recording studio, collector’s gallery, two story aquarium and an ice cream bar.

There will be seven bedrooms in the main house with four bedrooms in the conference building, one bedroom in the attached casita and one bedroom in the guard house.

The property’s spa will feature two locker rooms, sauna, snow room, Vitality Pools and two massage/treatment rooms.

Inside the garage there will be a five-car-garage with a car lift down to nine car collector’s garage plus a one car casita garage.

Outside there will be two pools, one is the Cinema pool with a waterfall and large cinema screen. There will be a lazy river, a spa with Baja Shelves, one island green for chipping and putting, three fire pits with an outdoor fireplace, two outdoor kitchens, a stage, waterslide,and a family game courtyard/outdoor lounge space.