News From Terre Haute, Indiana

Real Estate News

June 1, 2011

Report: Sarah Palin Buys Scottsdale, AZ Home

Who knew that one recent Scottsdale real estate transaction would set in motion a bevy of rumors and innuendo that it was in fact purchased by former Alaska Governor Sarah Palin as a place of operation in her bid to run for president in 2012? But, this appears to be the case.

Last weekend, the Arizona Republic was the first to report that a large, 8,000-sq ft stucco-style Scottsdale home recently sold to "Safari Investments LLC" for $1,695,000 was likely purchased by Sarah and Todd Palin. Built like a fortress, the 4.4-acre compound is walled and gated and includes everything to assure the family's privacy and entertainment. According to the listing, it includes "grand entry ceilings, expansive living areas, a gourmet kitchen, private home theater room, billiard/game room, walk-in wine room, and resort-style backyard with large gazebo." Naturally, it also includes an inground pool complete with elaborate water features.

Why would Palin buy a property in Arizona? As the Republican field of candidates begins to form, Palin clearly sees an opening. A Gallup poll released today shows that former Massachusetts Governor Mitt Romney (17 percent) and Palin (15 percent) have emerged as the early party favorites. And, as a Republican stronghold, Arizona -- the home state of her former presidential running mate Senator John McCain -- is a good spot for Palin to start planning for a White House bid.

Palin's new home is also close to her daughter, Bristol Palin, who recently snagged her own piece of Arizona real estate in Maricopa. Bristol's new home was purchased for $172,000 in cash, significantly less than the home's previous sold price in 2006 of $329,960. Like many parts of the country, real estate home values have taken a dive in the region; current median Maricopa home values are now $95,900.

If nothing else, it appears that Palin, and her daughter Bristol, were looking for a welcome change from the colder weather in Alaska where the Palins have a home in Wasilla, AK.

1
Text Only | Photo Reprints
Real Estate News
Latest News
TribStar.com Poll
AP Video
Raw: Space X Launches to Space Station New York Auto Show Highlights Latest in Car Tech Small Reactors Could Be Future of Nuclear Energy Raw: Massive 7.2 Earthquake Rocks Mexico Captain of Sunken SKorean Ferry Arrested New York Auto Show Highlights Latest in Car Tech Raw: Orthodox Christians Observe Easter Rite Raw: Fire Destroys 3 N.J. Beachfront Homes Raw: Students Hurt in Colo. School Bus Crash Man Charged in Kansas City Highway Shootings Raw: Magnitude-7.2 Earthquake Shakes Mexico City Raw: Pope Presides Over Good Friday Mass Human Antidepressants Making Shrimp Too Calm Swiss Unveil New Solar Plane for Global Flight Raw: Four French Journalists Freed From Syria Popular Science Honors Year's Top Inventions NASA Releases Images of "graceful" Solar Flare Deadly Avalanche Sweeps Slopes of Mount Everest Raw: Church Tries for Record With Chalk Jesus Raw: Greeks Celebrate Easter With "Rocket War"
NDN Video
Jabari Parker's Top 5 Plays From Duke Career Kourtney Kardashian Is a Bikini Babe More Manpower Than Ever Expected At 4/20 Rally Debunk'd: Miley Cyrus AIDS, Cheeseburgers Cause Cancer, Military Warning Bill Previewing the NBA playoffs Raw: Orthodox Christians Observe Easter Rite My name is Cocaine Raw: Space X Launches to Space Station Lohan Gets Candid About Her Sex List The 2014 New York Auto Show Meet Johnny Manziel's New Girlfriend Chelsea Clinton Announces Pregnancy Funny: Celebrating Easter with Martha Stewart and Friends Man Accuses 'X-Men' Director Bryan Singer of Sexually Abusing Him As a Teenager Man hit with $525 federal fine after he doesn't pay for soda refill Lea Michele & Naya Rivera Feuding? Jabari Parker declares for the NBA draft Singing Nun Belts Out Cyndi Lauper New West, Texas Explosion Video Swim Daily, Throwback Thursday
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
  • -

     

    March 12, 2010

activity