Peek inside the valley's top 10 most expensive homes - Fox 2 News Headlines

Peek inside the valley's top 10 most expensive homes

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PARADISE VALLEY, Ariz. -

40-thousand square feet of living space, 18-car garages, 12 bathrooms and basketball courts in the backyard.

We're taking a look at Maricopa County's 10 most expensive homes, and we even got a peek inside some of them.

Our list is from the Maricopa County Property Assessor's Office and is based on their most recent, 2013 valuations.

They're amazing. While many are guarded by giant fences, we took to the sky to get a birds-eye view.

It might be last on the list but it's certainly not least. #10 on the list of the 10 most expensive homes is this 15-thousand square foot house east of Thompson Peak and Pima in Scottsdale.

It sits on 3 acres and has 12 baths, but check out the guesthouse with its own pool and yard.

The owner is the co-founder of St. Louis-based Bancorp Services. This year, the property assessor valued the home at $8.5 million.

#9 on this list is a circular home in Paradise Valley, nestled at the foot of Camelback. It has a 10 car garage.

The home is owned by the chairman of Discount Tires. The property assessor values the home at $8.9 million.

"The wealthy like big houses."

Luxury realtor Joan Levinson says you could dish out $10,000 a month just maintaining these types of homes.

"Some of these properties can cost $4,000 a month in landscaping, $1,000 a month to take care of a pretty extensive pool, $2,000 a month in electric bills," says Levinson.

#8 on the list is practically next door. It's an 11 bath, 13-thousand square foot house that sits on 4 acres.

It's valued at $9.3 million. It's owned by the late CEO of Phoenix-based Vestar, which developed Desert Ridge and Tempe Marketplace shopping centers.

8 of the 10 most expensive homes are in the same Paradise Valley neighborhood.

Anna Sessler and her husband enjoy taking walks by these multi-million dollar homes.

"It's just a lovely area, they're unique every one of them and it's just a pleasure and a visual vacation every time we walk here," says Sessler.

#7 on the list and in the same neighborhood is this 8 bedroom, 11 bath home that sits on 5 acres -- and it's on the market for $15 million.

"The owners are Jeff and Jan Moorad," says Zee Arekat.

The former partner of the Diamondbacks, Jeff Moorad, and his family already moved out of the home.

But check out the Diamondbacks basketball court in the backyard. The hallways go forever, the rooms are massive.

"They've had parties of 500 people," says Arekat.

2 washers and 2 dryers fit in the laundry room.

Hand scraped walnut floors, limestone countertops and of course top of the line appliances in the kitchen, and if that's not enough check out the butler's pantry, complete with another dishwasher and warming drawers and then you have a pantry with a second subzero refrigerator.

"We're talking close to 1,000 dollars a square foot for a home like this," says realtor Kelly McLain.

"We've had CEOs, we've had sports figures that have showed interest in it, we've had Hollywood producers that have shown interest in it," says Arekat.

At this price, realtors are also targeting oil tycoons.

"We're actually doing advertising in the Middle East, we have Arabic literature that goes out," says McLain.

It's valued at $9.5 million. But it's listed for $15 million.

"I've never even looked when I sold the house at what the assessors' value is at," says Levinson. "Some of the properties on that list are worth significantly less than the assessor number and some are worth significantly more than the assessors' number."

But back to that list. #6, a 17-thousand square foot Paradise Valley home owned by the current owner of Vestar. It has a 7 car garage. It's valued at $9.6 million.

#5 on the list looks more like a hotel than a house. It used to belong to a food processing giant.

FOX 10's Diane Ryan featured the Paradise Valley home on her Cool House segment in 2010. The 12 bed 12 bath is 40-thousand square feet. It has an Olympic size pool, a home theater.

It's valued at $10.1 million.

#4 on the list this 14-thousand square foot home, also in Paradise Valley.

From the street you can see a basketball court and soccer goals in the yard from the air you can see the 1-thousand square foot pool, and there's also a sunken tennis court off to the right. It's owned by the former CEO of an investment management group. It's valued at $10.6 million.

#3 on the list is a 16,600 square foot home that backs up to the Silverleaf golf course in Scottsdale. The house belongs to the head of a Phoenix-based trucking and transportation company.

It looks like it has a lazy river. It's valued at $12.2 million.

#2 on our list belongs to Suns majority owner Robert Sarver. Valued at $14.4 million, this Paradise Valley home is 28-thousand square feet.

There's a Suns basketball court in the backyard.

And #1 on the list -- Maricopa County's most expensive home is also in Paradise Valley. This 32-thousand square foot house sits on more than 6 acres. It has an 18 car garage and a 2,600 square foot pool. Check out the giant statues on the lawn.

This property is so big it has its own address for service and deliveries. A worker here who didn't want to go on camera says it's like going to work every day at the Royal Palms.

The owner is the president of a New York City-based hedge fund company. It's valued at $15.8 million.

Levinson knows many of the homeowners. She says while they have big homes, many of them also have big hearts.

"Most of these people are self-made entrepreneurial A-type personalities who have made it on their own and haven't inherited for the most part. They've also become big philanthropists," says Levinson.

Realtors say there are only a handful of properties between $10-20 million on the market every year and they may have 1 or 2 sales every year to 18 months.

While most of the homeowners have 2 and 3 homes, realtors say these homes are for the most part their primary homes.

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