The entry gate to the massive McCune Mansion in Paradise Valley. The 52,000-square-foot home is on the market for $10 million. Click through for more photos of this huge home.
Kristena Hansen
Reporter- Phoenix Business Journal
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Well, Phoenix Business Journal readers, this is our final luxury home blog of 2013 — and we saved the very best for last.
Behold the McCune mansion, which boasts a gargantuan living space of 52,000 square feet with 14 bedrooms, about 30 bathrooms and five kitchens. Listed for sale about three months ago at $10 million, or $192 per square foot, it is considered the 13th largest privately owned home, by square footage, in the U.S.
The mansion — built of concrete on a huge 6-acre lot near 38th Street and Lincoln Drive in Paradise Valley — was constructed in the 1960s for Pennzoil heir Walker McCune.
Click the image above to launch a photo slide show of this incredible home.
The next owner was Gordon Hall, who made his fortune in the 1980s with a Mesa-based chain of 24-hour fitness centers. Hall handed the house over to the bank before being indicted on fraud and racketeering charges related to stock of his company, Healthtech International Inc.
Around 1991, the mansion landed in the hands of the late George “Geordie” Hormel, the long-haired heir to Spam packing company Hormel Foods. He also was a well-known Los Angeles music producer whose work was used on popular TV shows such as “Lassie,” “Ozzie and Harriet,” “The Fugitive” and “The Adventures of Rin Tin Tin.” In addition, he founded and owned the Village Recording Studio in Los Angeles, where Bob Dylan, Neil Young, Tom Petty, the Rolling Stones, Pink Floyd, Melissa Etheridge and Nine Inch Nails recorded their music.
According to news reports, Hormel and his three bothers were pushed out of the Hormel company after their father, Jay Hormel, died; but each received $4 million in annual interest.
Kristena Hansen covers residential and commercial real estate.
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