updated 6/1/2011 8:56:45 AM ET 2011-06-01T12:56:45

Sarah Palin has confirmed that she is part of a company that purchased a home north of Phoenix, but she said she hasn't moved from Alaska.

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Safari Investments LLC paid nearly $1.7 million cash for the five-bedroom, 7,900-square-foot home in rural north Scottsdale in May.

In an interview aired Tuesday night, the former Alaska governor told Fox News Channel's Greta Van Susteren that she is part of Safari Investments and it "has some property in Arizona now."

"You know, many, many Alaskans purchase property in Arizona, Nevada and Texas," Palin said from her bus that has been touring the East Coast. "I think we do that because not only are we good investors, and it's a buyer's market, but we like to thaw out once in a while."

Palin, Trump meet for pizza in NYC

Palin did not reveal any other details, and Van Sustern moved on to another topic.

The Arizona Republic first reported May 21 that Palin may have bought the house, but neither Palin's political action committee nor her lawyer responded to inquiries, and the lawyer who handled the deal declined to comment.

Story: Palin bus tour leaves Washington — but for where?

It's common for the wealthy or famous to use a limited liability company to buy property to protect their privacy. Safari Investments was created in Delaware, which doesn't require the individuals associated with an LLC to publicly disclose their names.

The home the company bought sits on more than 4 acres, about half of it still raw desert and featuring huge saguaro cactus and palo verde trees. The two-story house itself has five bedrooms, 6 1/2 baths and a six-car garage. A huge swimming pool sits out back, and a freshly installed jungle gym is installed on the back lawn.

This isn't the first home for the Palin family in Arizona. Daughter Bristol Palin bought a five-bedroom, 3,900-square-foot home in a community about 40 miles south of Phoenix in December.

First Thoughts: Here come the Republicans

Republican U.S. Sen. John McCain of Arizona picked Sarah Palin as his running mate during his 2008 presidential bid.

There has been talk in Arizona political circles that she may move to the state to anchor a presidential run or try to win the U.S. Senate seat being vacated by Republican Sen. Jon Kyl next year.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Video: Palin’s ‘mystery tour’ lands in NYC

  1. Closed captioning of: Palin’s ‘mystery tour’ lands in NYC

    >> sarah palin 's bus tour has arrived in the big apple . last night she dined over pizza with donald trump who opted not to launch a white house bid. what was that all about? mike taibbi joins us now with the latest. good morning.

    >> reporter: good morning ann. it's hard to ever know what sarah palin is up to. her husband todd was seen getting into an airport taxi outside a jersey city hotel. i don't know what that means for the one nation bus tour, slash, vacation. sarah palin has never been a conventional politician. she said if she makes a white house run she won't do it the conventional way. stop one on the new york leg of the tour -- pizza dinner with the donald, donald trump , whose birther suspicions about president obama he voiced to meredith on "today."

    >> i'm starting to think he wasn't born here.

    >> reporter: and he found at least one prominent politician willing to support him.

    >> i do have respect for druch and his candidness.

    >> reporter: all of which set the table for a public piece of pizza together though no one seemed that interested in eating. perhaps there was talk about annoying reporters with questions. a press corps largely ignored by palin as she pursued the tour.

    >> that's the way we live. we're not used tole kaing a horde of reporters.

    >> we were waiting by the bus.

    >> reporter: from washington and a grand entrance on a harley to gettysburg and the liberty bell tuesday, palin has attracted crowds and kept the press off balance, never announcing a schedule. to the only question that matters -- is she running -- she gave several versions of maybe.

    >> we think it is still many weeks away.

    >> reporter: her favorable/unfavorable poll numbers don't add up to a win but it's too early for polls to matter. this time last cycle it was surely going to be hillary versus rudy. while political pros say palin will go from contender to pretender sooner than later roger simon sees it kichbtly.

    >> i don't think the bus tour is about building the bran or increasing vancouviewership for a tv show . i think she's testing the waters for a bid.

    >> reporter: back to the unsecret dinner with the donald. palin emerged to not quite answer the question again.

    >> when do you think --

    >> not for many weeks still. there is a lot of time.

    >> reporter: palin confirmed her agenda today will start with ellis island . after that probably boston and new hampshire, but she hasn't said specifically, at least not to us. ann?

    >> mike taibbi , thanks. msnbc political analyst michael steele is the former chairman of the republican national committee . good morning.

    >> dprogood morning.

    >> she's calling it her one nation tour. what is she doing?

    >> i think mike had it right. she's testing the water, experimenting with the limits to which she can take an unconventional presidential bid should she choose to do that. that's been her m.o. she certainly has the ability still to draw large crowds and really put the press in sort of atwitter, if you will. that's all part of the unfolding story of sarah palin over the summer. the one thing on her side now is time. i think in a very unconventional way she can approach at least the early stages of apt yal bid in an unconventional manner. she can get the press to write the story. favorably or unfavorably. doesn't matter to her as long as the story is there and that's part of the narrative.

    >> part of the narrative this morning is pizza night with donald trump . how much does a trump endorsement mean to republicans at this point?

    >> broadly speaking, i don't think it has that kind of impact than let's say a president bush endorsement would have obviously. i think in terms of donald trump , a lot of the establishment in washington, d.c. see the effort as a sideshow. but out there among activists there was a concerted effort to get behind him and his effort. there will be those who pay some attention to who he supports or who he tips his hat to. clearly the dinner with sarah palin caused a lot of excitement and a lot of interest and the possibility with respect to her potential candidacy, but it's not as strong as it would have been had he stayed more in the campaign and had issues that really drove the debate.

    >> at the same time, palin seems to delight in having a bad relationship with what she calls the lame stream media. she's angry with republicans as well by not notifying republicans. the lack of information is irking gop leaders in the states palin is expected to visit. could that backfire for sarah palin ?

    >> not really. sarah palin is not about notifying the head of the party or a political leader in a given state about her whereabouts. she has her twitter network, facebook network, the social connection to students out there. she tells them when she's coming and they show up.

    >> you say she doesn't need the party as she missourisoves ahead? doesn't she want a relationship with the party?

    >> that's not what i'm saying. if you will run an unconventional campaign you won't go through the check box of notifying so and so of plans and get the okay. those leaders will get the information when she wants them to know it. i understand a party chairman being offput by not getting a heads-up, but that's how sarah palin has operated. she's not an establishment creature, not conforming to the ways you traditionally do it. her tradition is directly to her base, to activists who support her, not necessarily the leadership. it doesn't mean she doesn't or does need them. for her, the most important part of it is the people not the leadership.

    >> michael steele this morning, thank

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