As an expert in the real estate market of Maricopa County, Arizona, I have seen firsthand the variety of neighborhoods this county has to offer. From bustling cities to quiet suburbs, there is something for everyone. However, for those seeking a more luxurious lifestyle, there are a few neighborhoods that stand out above the rest.
The Definition of ExpensiveBefore we dive into the most expensive neighborhoods in Maricopa County, it's important to define what exactly makes a neighborhood expensive. Generally, an expensive neighborhood is one where the cost of living is significantly higher than the average for the area.
This can be due to factors such as high-end homes, exclusive amenities, and a desirable location. In Maricopa County, the median home value is $268,000, according to Zillow. So, for a neighborhood to be considered expensive, it would need to have a significantly higher median home value than this.
Paradise ValleyLocated just north of Phoenix, Paradise Valley is known for its luxurious homes and stunning views of the surrounding mountains. It's no surprise that this neighborhood tops the list of the most expensive in Maricopa County. The median home value in Paradise Valley is a whopping $1.7 million, making it one of the most exclusive and sought-after neighborhoods in the entire state of Arizona. This neighborhood is home to many celebrities and high-profile individuals, and it's not uncommon to see luxury cars and private jets in the area. In addition to its high-end homes, Paradise Valley also boasts top-rated schools and a variety of upscale restaurants and shopping options.
It's truly a paradise for those who can afford it.
ArcadiaLocated in the eastern part of Phoenix, Arcadia is another neighborhood known for its luxury homes and high-end lifestyle. The median home value in this neighborhood is $1.1 million, making it one of the most expensive in Maricopa County. Arcadia is known for its beautiful tree-lined streets and large, sprawling homes. Many of these homes have been renovated or rebuilt to include modern amenities and features, making them even more desirable for those with a high budget. In addition to its stunning homes, Arcadia also offers a variety of upscale restaurants, boutique shops, and outdoor activities. It's a popular spot for families and young professionals looking for a luxurious lifestyle.
ScottsdaleScottsdale is a city located just east of Phoenix and is known for its upscale resorts, golf courses, and high-end shopping.
It's also home to some of the most expensive neighborhoods in Maricopa County. The median home value in Scottsdale is $500,000, which is significantly higher than the county average. However, there are many neighborhoods within Scottsdale that have even higher home values, such as Silverleaf and DC Ranch. These neighborhoods offer luxurious homes with stunning views of the surrounding desert landscape. They also boast exclusive amenities such as private golf courses and country clubs.
Fountain HillsLocated just east of Scottsdale, Fountain Hills is a small town known for its affluent residents and high-end homes. The median home value in this neighborhood is $500,000, making it one of the most expensive in Maricopa County. Fountain Hills is known for its beautiful scenery, including the famous Fountain Hills Fountain that shoots water over 500 feet into the air.
It's also home to several luxury communities, such as Firerock and Eagle Mountain, which offer stunning homes with breathtaking views. In addition to its luxurious homes, Fountain Hills also offers a variety of outdoor activities, including hiking and golfing, as well as upscale dining and shopping options.