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: Leopard Bites Man in India Bon Jovi Helps Open Low-income Housing in Philly S.C. Man Apologizes for Naked Walk in Wal-Mart 'Piles' of Bodies in South Sudan Slaughter Raw: Man Fatally Shot During Police Standoff Hagel Gets Preview of New High-tech Projects Pipeline Opponents Protest on National Mall New Yorkers Celebrate Cherry Blossom Blooms Chief Mate: Crew Told to Escape After Passengers Stowaway Teen Forces Review of Airport Security 'Miss Meadows' Takes Holmes Back to Her Roots Raw: Royal Couple Tours Uluru in Australia New Country Music Hall of Fame Inductees Named Raw: Tesla Delivers First China Cars SCOTUS Hears Tv-over-Internet Case Obama to Oso: We'll Be Here As Long As It Takes Raw: MN Lakes Still Frozen Before Fishing Opener Hong Kong Residents Help Create Green Roofs Raw: Anti-Obama Activists Fight Manila Police Michigan Man Sees Thanks to 'bionic Eye'
NDN Video
Viral: It's Not Pitbull - It's Amy Poehler! Stephen Colbert Tells David Letterman His Plan for 'Late Show' Recycling Highlights for Earth Day Peeps Launched into Outer Space NYPD's Twitter Request For Photos Backfires New HBO Go Commercials Capture Awkward Family TV Watching Raw: Leopard Bites Man in India Rise of the Milkbots Jenna Dewan-Tatum Strips Down TRENDING: Brian Williams Raps 'Gin and Juice' on ‘Tonight Show’ Middle School heroes rescue students from burning bus WHOPPER OF FISHING STORY: Florida man catches massive Mako shark Maks Chmerkovskiy's "DWTS" Meltdown The many faces of Mike Woodson Ape Builds A Fire And Toasts Marshmallows In Amazing BBC Video Manchester Utd sack manager David Moyes "RHOA's" Dramatic Brawl High school, College Drug Ring Busted In Montgomery County High Court to Hear Dispute of TV Over Internet Raw: Keflezighi, Jeptoo Win Boston Marathon
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