A limited liability company tied to former Alaska governor Sarah Palin just sold an unfinished house in the Arizona desert for $6.2 million.

Arizona-based real estate investment company Safari Investments LLC sold a 7,660-square-foot Scottsdale property for $50,000 below the asking price but $5.263 million above what it paid for it in 2015, according to the Los Angeles Times. Palin, who was a vice presidential nominee alongside the late John McCain in the 2008 presidential election, once told Fox News she has a stake in Safari Investments and owns property in Arizona.

The house itself is still undergoing construction. Only the foundation is built but building plans indicate that the house will have four bedrooms, five-and-a-half bathrooms, stone ceilings, a spa and a car collector’s garage that can only be accessed through an outdoor elevator.

Sitting at an elevation, the lot for the house was chosen in part for its sweeping mountain and desert views.

Ryan Bailey and Patrick Bailey of Platinum Living Realty held the listing while Andrew Bloom of Keller Williams Arizona Realty represented the buyer, who remains unidentified.

Since resigning as governor in 2009, Palin stepped back somewhat from playing an active role in politics. She currently appears as a conservative commentator on various news and talk shows.

Email Veronika Bondarenko

Are you ready for what the industry holds in 2020? Inman Connect New York is your key to unlocking opportunity in a changing market. At Connect you will gain insight into the future, discover new strategies and network with real estate’s best and brightest to accelerate your business. Create your 2020 success story at Inman Connect New York, January 28-31, 2019.

Agenda | Speakers | Past Connect Videos

Thinking of bringing your team? There are special onsite perks and discounts when you buy tickets together. Contact us to find out more.

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×