Former Arizona Coyotes Owner Alex Meruelo Lists Paradise Valley Estate For $28.9 Million

Alex Meruelo, former owner of the Arizona Coyotes, is parting ways with his luxurious Hacienda-style estate in Paradise Valley, Arizona.

Listed for a staggering $28.9 million, this sprawling 22,000-square-foot residence is situated on a 9.17-acre plot, making it one of the most significant and exclusive properties in the region.

Purchased in 2021 for just $12.1 million, the hacienda style property includes 13 bedrooms, 16 bathrooms, and resort-level amenities.

Source: Joan Levinson Realty

Property Highlights

  • Price: $28.9 million
  • Location: Paradise Valley, Arizona
  • Size: 22,000 square feet
  • Lot Size: 9.17 acres
  • Bedrooms/Bathrooms: 13 bedrooms, 16 bathrooms
  • Notable Features: Resort-style pool, expansive courtyards, private guest houses, wine cellar, multiple kitchens, panoramic mountain views

A Hacienda-Style Masterpiece

Designed in the Hacienda architectural style, the estate blends rustic charm with opulent features.

Source: Joan Levinson Realty

The main house is adorned with authentic terracotta roof tiles, arched doorways, and exposed wood-beamed ceilings, giving it an unmistakable Southwestern character.

Den/Library

The den and library, immediately striking upon entering the home, is a breathtaking two-story space featuring floor-to-ceiling built-in bookshelves with intricately carved wooden details. Exposed timber beams highlight the high vaulted ceiling, while a dramatic wrought-iron chandelier anchors the room with a touch of grandeur.

Source: Joan Levinson Realty

A mezzanine-style balcony, accessible by a wooden staircase, adds a unique architectural element, offering a second level of shelving and a commanding view of the space.

Main Living Area

The main living room is a stunning blend of historical charm and modern elegance, defined by its exposed wood-beam ceiling and refined decor. A pair of vintage-inspired chandeliers illuminate the space, complementing the warmth of the wide-plank hardwood floors.

Anchoring one side of the room is a grand fireplace with a crisp white mantel, serving as a focal point for the cozy yet sophisticated seating arrangement.

Source: Joan Levinson Realty

Notice how the rich wooden accents, including ornately carved panels, contrast beautifully with the soft neutral furnishings and contemporary coffee table, creating a harmonious balance. Large windows and glass doors also allow natural light to flood the room, while offering glimpses of the outdoor spaces.

Formal Dining Room

The formal dining room is a grand yet inviting space that reflects a blend of sophistication and charm. A long wooden dining table, surrounded by upholstered high-back chairs in a rich red fabric, takes center stage under an ornate chandelier, adding warmth and elegance.

The exposed wooden beams overhead enhance the room’s character, while a carved stone archway serves as a striking focal point.

Source: Joan Levinson Realty

The space is further adorned with a polished piano and a console table featuring textured accents, candles, and decorative pieces. The terracotta flooring complements the rustic yet refined aesthetic, tying together the traditional and luxurious elements of the room.

Transitioning to Indoor/Outdoor Living

The expansive courtyard seamlessly extends the home’s living areas into the outdoors, creating a serene and picturesque setting. A covered patio with exposed wood beams and elegant pendant lighting provides a shaded retreat, while stately stone columns frame the view of the lush green lawn and vibrant landscaping beyond.

Source: Joan Levinson Realty

The courtyard is accented with a central fountain and symmetrical pathways. It serves as a versatile space for relaxation, dining, or hosting, embodying the essence of indoor-outdoor living.

Master Suite

The 13 bedrooms are generously sized, and the primary suite serves as a private retreat within the main building.

The room features a neutral palette accented by light blue drapery, creating a soft and calming atmosphere. A king-sized bed with a striped duvet anchors the space, complemented by a woven bench at its foot, adding a touch of texture.

Source: Joan Levinson Realty

A cozy seating area is arranged near the windows, with plush armchairs and a small table, perfect for unwinding while enjoying the surrounding greenery. Terracotta-tiled floors add warmth to the design, blending seamlessly with a large area rug that softens the overall look.

Resort-Style Amenities

The estate’s pool area is a luxurious haven, offering a serene centerpiece framed by palm trees and vibrant bougainvillea. A pristine rectangular pool is surrounded by a collection of sleek lounge chairs under contemporary canopies, ensuring comfort and style.

Source: Joan Levinson Realty

Adjacent to the pool is a shaded outdoor bar and dining space, while the towering stucco structure adds an architectural focal point, blending functionality with Mediterranean charm.

Private Tennis Court

The tennis court is a well-maintained recreational space, surrounded by tall manicured hedges that provide both privacy and a natural backdrop. The court features bright lines and a smooth playing surface, suitable for both casual matches and more competitive play.

Source: Joan Levinson Realty

Lighting fixtures allow for nighttime use, extending its functionality.

Expansive Grounds with Stunning Views

Set on over 9 acres, the property offers unrivaled privacy and tranquility. Manicured lawns and desert landscaping blend harmoniously, with walking paths weaving through the estate. Mountain views serve as a breathtaking backdrop, enhancing the sense of exclusivity and peace.

Guest Haciendas

Scattered across the expansive grounds, the estate boasts several guest haciendas, each offering a blend of privacy and comfort. These charming structures, surrounded by lush greenery, feature clean stucco exteriors with wooden accents that nod to classic Southwestern architecture.

Source: Joan Levinson Realty

With their own distinct layouts and close proximity to the main house, the haciendas provide an ideal retreat for guests while maintaining easy access to the property’s amenities.

Prime Location in Paradise Valley

Located in the heart of Paradise Valley, this estate provides easy access to world-class golf courses, luxury shopping, and fine dining. Known for its affluent community and picturesque surroundings, Paradise Valley is one of Arizona’s most desirable locations for high-end living.

After the sale of the Coyotes, the team will be exiting the state to the North to form the Utah Hockey Club. Morello, appears to not be far behind.

Conclusion

Alex Meruelo’s $28.9 million Hacienda-style estate in Paradise Valley is a true testament to luxury living in the Southwest. With 13 bedrooms, 16 bathrooms, and 22,000 square feet of meticulously designed space, this property offers the perfect balance of elegance, comfort, and exclusivity.

Its stunning outdoor amenities, expansive grounds, and mountain views make it an extraordinary offering in Arizona’s luxury real estate market.

Author

  • Evan is a seasoned real estate agent with over seven years of experience in Los Angeles’ luxury real estate market. As founder of Homes of Celebs, Evan's passion for luxury homes and dedication to uncovering the stories behind the hottest listings inspired the creation of this platform. Evan is a licensed agent representing Coldwell Banker and specializes in sell-side transactions.

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