Sarah Palin selling Arizona home for $2.5 million
Sarah Palin, the one-time Alaska governor and part-time Scottsdale resident, is looking to sell the house she bought four years ago.
Palin, 51, and her family listed the 7,900-square-foot north Scottsdale property for $2.49 million last week. They have had one offer and several other serious inquiries, said Richard Barker, one of her listing agents.
"They're just not here enough to enjoy a house that big," Barker said Wednesday.
The Palins bought the six-bedroom house for nearly $1.7 million in 2011 and have made several notable upgrades, including adding new windows and overhauling the back yard to include a lighted sports court with artificial grass, he said.
The house sits on a 5-acre compound that includes a six-car garage, pool, full-length basketball court and putting green.
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The potential sale has attracted widespread media attention, as does seemingly every move the former vice presidential nominee makes.
Palin tried to quietly purchase the property in May 2011 through a limited liability company. Once her involvement in the deal was known, it briefly added to speculation that Palin could make a run for office from Arizona in 2012.
Instead, Palin hasn't held elected office since quitting as Alaska's governor in July 2009 before completing her only term.
She burst onto the national scene when Arizona Sen. John McCain named her as his running mate on the 2008 Republican presidential ticket.
Kristan Cole, who operates a top-selling real-estate team based in Wasilla, Alaska, is the co-lister on the Scottsdale property and the connection to Sarah Palin and her husband, Todd, Barker said. Cole, vice president of the Keller Williams expansion division, has real estate teams in multiple states.
Barker said a nearly 50 percent boost to the property's value in four years isn't out of line.
"For what they paid for it and what they've put into it, in my opinion, it's priced right," he said.
The Associated Press contributed to the report.
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