Where Arizona’s Wealthy Live
Year after year Paradise Valley ranks as the wealthiest city in Arizona. With an average net worth of $2.8 million and home price of $1.2 million, PV residents outrank Scottsdale, Arcadia, and other wealthy parts of Arizona in terms of net worth, home value, and annual income. Additionally, Paradise Valley holds the record for the most expensive homes sold in Arizona, including a home Joan sold in 2017 for $15.65 million.
What brings the ultra wealthy to Paradise Valley? It’s a combination of factors that makes PV the place to own a home in Arizona.
Large minimum lot sizes
Lot sizes in Paradise Valley start at 1 acre allowing for private estates far away from neighbors.
Paradise Valley is ringed by impressive mountain ranges, including Camelback Mountain, Mummy Mountain and the McDowell Mountains. Additionally, many homes in PV have impressive Phoenix City Light views
Paradise Valley resorts
As a resident of Paradise Valley you receive membership to all of PV’s resorts. Resorts such as Sanctuary, the Montelucia, and the brand new Mountain Shadows often rank among the top resorts in the United States, or the world. Access to the spas, fabulous dining, and other amenities helps lead to the high quality of life in PV.
Close to shopping, dining, and work
Paradise Valley zoning does not allow for any commercial uses other than resorts and restaurants. This makes PV very unique and cuts down on traffic from neighboring cities. However, PV borders both Scottsdale and Phoenix, meaning you are never far from some of the country’s best shopping and restaurants. Such as Scottsdale Fashion Square and Pizzeria Bianca.
All of these factors come together to create a community filled with fantastic homes. From expansive estates with wide lawns to hillside enclaves with panoramic views, Paradise Valley features a home for everyone. Popular styles include Spanish Colonial, Contemporary and transitional while popular features include multiple garages, media rooms, putting greens, and guest homes. See Joan’s current listings and call to schedule a showing.