Hedge-fund founder Robert Sussman is selling his Arizona mansion for $35 million, which could set a new record for the US state, so long as it sells for the marked asking price.

According to listing brokers Walt Danley and Catherine Jacobson of Walt Danley Realty, the 12-acre property features a hair salon, a movie theater, and an indoor basketball court.

The estate, located in the affluent Paradise Valley (between Scottsdale and Phoenix), is also receiving additional global marketing support from Christie's International Real Estate, as reported by the Wall Street Journal.

Jim Patterson of Information Market, a Tempe-based real estate data and analytics company, says that the home would set a record for the most expensive home sale in Arizona, if the property is able to sell for the asking price of $35 million.

The home incorporates the outdoors into the lavish home. Not only does the estate surrounded by palm trees, but it also has a view of Camelback Mountain.

The main house, spanning over 30,000 square feet, features five bedrooms in addition to a domed ceiling and twin staircases at the mansion's entrance foyer.

Meanwhile, the master suite encompasses the said hair salon, among its sitting room, office, kitchenette, his and hers closets, and several terraces.

The basketball court also features an electronic scoreboard and even a skybox. On the other hand, the movie theater - which also has its own lobby - is decorated with James Bond posters.

The home also boasts of a swimming pool, his and hers pool houses, and a three-bedroom guesthouse which also has its own infinity pool!

The estate is currently being sold by Robert Sussman, founder of the New York City-based company, Bentley Capital Management. The 68-year-old businessman spent five years building the home before finally seeing its completion in 2005.

Sussman decided to sell the Arizona property because he, along with his wife, are looking to spend more time with their family in California.