Paradise Valley Homes Arizona
The Paradise Valley real estate website offers insider information on many Paradise Valley, Arizona luxury neighborhoods. It’s designed to give you an idea of the local market and current Paradise Valley real estate Multiple Listing Service (MLS) listings and all of the Maricopa County listings that are currently available. We understand that your time is precious — why waste it trying to find descriptions of communities or downtown condo buildings?
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There are actually two Paradise Valleys. The first is the more secluded Town of Paradise Valley, comprised mainly of high-dollar homes nestled against the sides of Sonoran Desert hills or hidden behind oleander-covered estate walls. Commerce here is limited almost entirely to a handful of award-winning destination resorts. The town’s country club atmosphere creates a sense that this is paradise found.
The second is Greater Paradise Valley, a larger, more diverse community that encompasses newcomers and longtimers, the young and the old, and businesses large and small. At its core is Paradise Valley Mall, the regional shopping center and surrounding all this are the homes that make up Paradise Valley real estate.
The Town of Paradise Valley, located just north of landmark Camelback Mountain, is almost entirely residential. Among its amenities enjoyed by residents and visitors alike are Marriott’s Camelback Inn Resort & Spa, Marriott’s Mountain Shadows Resort, Doubletree’s La Posada Resort, the Sanctury Retreat, and the exclusive shops and restaurants located near the town’s border with Scottsdale, and Phoenix.
Despite the town’s relatively small area and population compared to other cities in the Phoenix metropolitan area, Paradise Valley is home to twelve resorts, making it one of Arizona’s premiere tourist destinations. Paradise Valley real estate is known for its luxury homes, with a median home price at $1.74 million, with many exceeding $5 million and some over $20 million.
There is no postmark that reads “Greater Paradise Valley.” The community, well within Phoenix city limits, is considered a distinct “village.” Encircling the shopping mall are retail developments, apartments and condominiums and health-care facilities. Paradise Valley Hospital is here. A major high tech industry, City of Phoenix, which produces silicon wafers, opened in 1997 and the Mayo Clinic Hospital opened in 1998.
Outside this core are townhomes, single-family homes, small estates with horse privileges and a handful of golf courses. The area is known for its above average housing, excellent schools and overall family quality of life.
Greater Paradise Valley’s median age is 35; its median income is just over $50,000. Housing, which runs the gamut from high-rise condos to fairway homes, has a median value of $180,000.
A major new master-planned area development called Desert Ridge is being developed north of the Greater Paradise Valley area. With over 5,700 acres, it will include residential housing, an 800-room resort, two 18-hole golf courses and a 1,000¬acre commerce park.
Paradise Valley real estate homeowners and tourests enjoy easy access to Sky Harbor Airport, Scottsdale, and downtown Phoenix. The Paradise Valley Community College has a large, expanding full campus; and there are branches of Ottawa University, University of Phoenix, and Rio Salado Community College.