From The Real Deal · TRD Staff · · 40s
Tech CEO lists Phoenix mansion for $30M
Tech CEO seeks $30M buyer for Phoenix-area estate amid millionaire boom.
In brief
Tech CEO seeks $30M buyer for Phoenix-area estate amid millionaire boom. Microchip Technology CEO Steve Sanghi and his wife Maria listed their 15,290-square-foot mansion in Paradise Valley for $30 million, nearly doubling their 2017 purchase price. Originally reported by The Real Deal.
Tech CEO lists Phoenix mansion
Microchip Technology CEO Steve Sanghi and his wife Maria listed their 15,290-square-foot mansion at 7100 North Mummy Mountain Road for just shy of $30 million.
Price history
The couple purchased the property in 2017 for $15.7 million in cash, nearly doubling their 2017 purchase price.
Market context
Phoenix millionaire population grew 638 percent from 257 in 2020 to 1,897 in 2024, driving luxury housing demand.
The headline
Microchip Technology CEO Steve Sanghi and his wife Maria listed their 15,290-square-foot mansion in Paradise Valley for $30 million, nearly doubling their 2017 purchase price.
