Navigating the Luxury Real Estate Market in Paradise Valley, AZ
Every year, people from other parts of the United States relocate to Arizona. There is a lot to appreciate about our 6th largest state. The climate is agreeable, with warm weather and snow mostly sticking to the northern regions.
Arizona is also appealing for financial reasons. The cost of living is lower than many other U.S. cities with thriving luxury communities. It has one of the lowest property tax rates in the country. This is due in part to the legal limit on the total tax rate on owner-occupied homes. The national average property tax rate is 0.99% while Arizona comes in at around 0.51%.
This district is intended to promote and preserve a low-density residential character and maintain open space and natural features. The principal land use is single-family dwellings and uses incidental or accessory thereto. Lot size of at least 43,560 sq. ft (1 acre) is required in this district.
While homebuyers from all income brackets are moving to Arizona, the highest earners make up a rapidly growing portion of new residents.
Touring Arizona luxury living communities will help you see what's available and why this market is doing particularly well.
Paradise Valley is Conveniently Located for Luxury Home Buyers
Location makes a difference in real estate, and Paradise Valley has that covered. This Maricopa County town offers the best of both worlds.
The area is calm with a pristine quality that stems from efforts to limit commercial development. This allows residents to find luxury homes amid stunning desert scenery. It's a peaceful place that favors resorts, golf, and mountain views.
Don’t let the quietness of the area fool you. It's easy to get to busier areas or find things to do for recreation and entertainment.
Downtown Phoenix and downtown Scottsdale are both a quick 15-minute drive from Paradise Valley. Residents are never far from retail, dining and attractions. Residents with the urge to see the world will also appreciate the closeness to Phoenix Sky Harbor International Airport.
Experience the best of Arizona or travel somewhere far away, knowing that Paradise Valley will be waiting when it's time to return home and relax.
Living in Paradise Valley, Arizona Puts You Close to the Action
There is something for everyone when you live in Paradise Valley, Arizona. Luxury home buyers who golf will fall in love with the community. Golf course homes are available. Join the exclusive Paradise Valley Country Club or explore the award-winning golf courses located nearby.
There are many other activities to enjoy in the area. Paradise Valley is home to over 35 trails that span 320 miles that residents can hike, bike, or run on. Some of the best locations for outdoor adventure include:
- The Barry Goldwater Memorial – U.S. history and political enthusiasts can take in the Senator Barry Goldwater statue. Here, visitors can enjoy a casual stroll through the park, which is beautifully landscaped with desert flora.
- Cholla Trailhead – The Cholla Trailhead can be found at North Invergordon Road. This challenging hike will take the adventurous to the peaks of Camelback Mountain. Technical climbing and bouldering knowledge will be required.
- Mummy Mountain – Residents can take in one of Paradise Valley’s most prominent natural wonders: Mummy Mountain. Here, hikers can enjoy an authentic desert journey with cacti, granite, and desert plants. It’s a lower difficulty hike, making it ideal for the less experienced.
Outdoorsy people will find a nearly limitless supply of things to do along with ideal weather to do it in. However, what about more relaxing recreation that doesn’t require breaking a sweat? Paradise Valley is also home to resorts, restaurants, and much more.
- Sanctuary Camelback Mountain Resort and Spa – This resort and spa ranks as one of the best in the region. Clientele receives a premium experience with spa services provided in state-of-the-art facilities.
- elements at Sanctuary – If you enjoy fine dining, then look no further than elements restaurant where you can indulge in culinary delights and impeccable service. Dishes incorporate local organic produce and sustainable seafood.
- El Chorro – Paradise Valley’s Historic Fine Dining Experience starts at El Chorro, located on East Lincoln Drive. Savor Arizona’s local flavors amid the majesty of Camelback Mountain.
Varied Architecture Makes Paradise Valley Versatile and Beautiful
The Paradise Valley luxury real estate market offers a broad variety of architecture. Homebuyers discover a diverse range of styles with something suitable for almost anyone. Tour 1950s brick ranch houses, Spanish colonial properties, and sleek modern homes.
Working with a local luxury real estate firm will help you discover all the hidden gems within Paradise Valley.
Potential homebuyers should talk to a professional to gain a better perspective on the local market before deciding on a property.
Getting Top Value When Buying Real Estate in Paradise Valley
Navigating the Paradise Valley luxury real estate market is no small task. The area is home to some of the most expensive properties in Arizona. A real estate professional can discuss your needs and guide you to luxury homes that offer the closest match.
HERSH24k knows what is important when looking for a home. We look at the bigger picture, beyond individual features to help you discover your dream property. Our professionals negotiate on your behalf so that you get top value when buying your own piece of Paradise Valley.