5012 E Mockingbird Lane

The 11,000-square-foot pad in Paradise Valley, Arizona, which former San Francisco Giants pitcher, Matt Cain, purchased for $5.5 million in 2013, has finally traded hands after two years on the market.

Rebuilt in 2009, the five-bedroom, Tuscan-style home is finished in walnut, marble, mahogany and stone, with a bi-level garage for eight cars and a detached one-bedroom guesthouse adjacent to the pool.

And having been listed for $5.85 million in March of 2016, prior to Cain’s announced retirement, and most recently reduced to $5.195 million as of last month, the resale of 5012 East Mockingbird Lane has just closed escrow with a contract price of $4.5 million.

Comments from Plugged-In Readers

  1. Posted by bachman_erlich_overdrive

    So you’re saying the price was high and outside? The market is balked at the listing? Or did the agent try to pick someone off? Maybe he needed to bring in a reliever. Buyer demand seems to have thrown a curveball at him.

  2. Posted by oh my

    nouveau riche

  3. Posted by Boojum

    Bloat and excess.

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