Russ Lyon Sotheby's International Realty Sells Butterfly Home Making It 5th Highest Sale Ever in Fountain Hills
(FOUNTAIN HILLS, Ariz.) — Russ Lyon Sotheby’s International Realty is pleased to announce the home known as the Arizona Butterfly Residence has sold for $3.3 million, making it the fifth highest sale ever recorded in Fountain Hills.
Russ Lyon Sotheby’s International Realty Agents Frank Aazami and David Arustamian of Private Client Group represented the seller of the iconic Butterfly property. The buyer was procured from China through Sotheby’s International Realty’s broad reach and was represented by Lichi Investment, LLC.
The home, which is nestled atop the breathtaking hilltop gated community of Crestview in Fountain Hills is widely considered one of the finest architectural custom homes in the Valley. Inspired from beautiful butterflies in motion, the home blends organic shapes in the style of Gaudi and grandeur of French Rococo while incorporating a bit of Southwestern flair.
“This home was built to capture views of the McDowell’s, Camelback Mountain, Eagle Ridge, San Tan, Superstitions and Downtown Phoenix City Lights,” said Listing Agent Frank Aazami of Private Client Group at Russ Lyon Sotheby’s International Realty. “This gorgeous home provides the perfect balance of grand formal entertaining spaces with cozy and comfortable everyday living and we know the new owner will appreciate all its grandeur.”
The home, which previously had been listed with three outside real estate agents and brokerages had been on the market since 2007 until Sotheby’s International Realty united the home with its overseas buyer.
The $3.3 million closing makes it the highest priced residence to sell in almost a decade and the fifth highest sale ever in Fountain Hills.
Aazami’s Private Client Group previously sold the neighboring home for $3,550,000 in 2009.
About Russ Lyon Sotheby’s International Realty
Since 1947, Russ Lyon Sotheby's International Realty has gathered realty craftsmen dedicated to the ideals of integrity and professionalism. From the ownership, management, agents and affiliate services, every person involved in the company utilizes innovative skills, programs and technologies to create the finest real estate services company to be found.
The mission of Russ Lyon Sotheby's International Realty is to provide its clients with the most responsive personalized service attainable – nothing less will do. The environment within Russ Lyon Sotheby's International Realty is unique in the industry. Seasoned management innovatively supports the efforts of the Company’s members to create a dynamic and inspiring atmosphere that invigorates and hones the skills of everyone involved.
Collaboration and networking are fostered to create a synergy that puts the whole company to work for every client. The artistic blending of proven traditions and state-of-the-art innovation is unsurpassed. These assets are positioned on a base of financial stability and corporate staying power.