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Inside East Valley Business


News and notes from the Tribune business desk.


McCain’s former estate to be auctioned

September 30th, 2008, 12:32 pm · 8 Comments · posted by davewoodfill

An estate once belonging to presidential hopeful John McCain is up for auction.

The 13-bedroom home was the childhood home of McCain’s wife, Cindy, according to a press release from The Larsen Co., which is handling the sale.

(Click here for an aerial view of the home.)

“Her (Cindy’s) parents built the home in 1951,” said Stewart Larsen, president of Larsen Co. “When she and John got married, they moved in and raised the kids there for 20 years until two years ago.”

Some of the more lavish amenities at the 2.7-acre estate include a full bar and playhouse, theater room, 4-bedroom guest casita, wine-tasting room, and 7-car garage. The house has 14.5 bathrooms, a pool, three ramadas and “resort style grounds.”

The 15,000-square-foot home, which will be auctioned at 1 p.m. on Oct. 25, is at 7110 N. Central Avenue, which is just north of Glendale Avenue in north Phoenix.

Larsen said there’s no minimum bid, but the house is appraised at $12 million and it’s up to the the current owner whether or not to accept the highest bid.

8 Responses to “McCain’s former estate to be auctioned”

  1. onethought Says:

    I will start the bidding. I bid $1.00, that enough?

  2. Cleanmatt Says:

    Doesl the senator plan to suspend his campaign for this auction?

  3. Mesabound Says:

    I raise the bid to $ 2.00, only because of the pool.

  4. ginger Says:

    And I raise the bid to $2.01, the pool needs alot of updating!!!

  5. ginger Says:

    I take that back, the taxes will be a killer. Home price in the low = taxes in the HIGH

  6. SulphurSpringsTX Says:

    I bid $3.50 but they have to move me in also. YALL DON”T THINK THEY GONNA LEAVE THE FUNITURE DO YA. My fouton my look frumpy!

  7. Onboard Says:

    With a house like this, why does he want to move to the White House?

  8. kevan Says:

    Sale home is good plan. He doesn’t need his home. His wife plan is to stay in white house next year.

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