About Paradise Valley Real Estate
Find this picturesque and prosperous community just outside of Scottsdale
One of Arizona’s most affluent and luxurious communities, Paradise Valley has become one of, if not the most, desirable neighborhoods in the state. Considered one of the top places in the Southwest to live, residents are able to enjoy some of the country’s best weather, a slow-paced suburban lifestyle, and a sophisticated and beautiful community that embraces the incredible natural desert landscape around it.
Turned into irrigated farmland in the 1880s by the Rio Verde Canal Company, the area did not truly begin to develop until after the Second World War. Mainly a residential community, the homes were often of moderate size but with tremendous properties, often over five acres.
In the 1950s, Phoenix and Scottsdale were looking to expand their city limits, and Paradise Valley residents feared they could lose the picturesque scenery and rural lifestyle they’d come to love. As a result, the town voted to change zoning laws to allow only one home per acre. Since then, the town has continued to thrive and simultaneously maintain its sense of rural splendor and small-town charms.
What to Love
- Affluent and luxurious community
- Beautiful local scenery
- High-end homes
- Vibrant and thriving local economy
People & Lifestyle
As one of the most desirable areas in the state, Paradise Valley has attracted some of the most successful residents. Over half the population holds a bachelor’s degree or higher, and many work in professional, white-collar positions, often at the executive or managerial level. As a result, the average annual household income for the community is nearly four times the national average. Homes in the area are also some of the priciest in the state, with an average home value well over $1.5 million.
The beautiful weather is one of the many reasons residents have found this area to be so attractive. There are numerous outdoor recreational activities for residents to take part in, including golf courses, outdoor shopping, hiking trails, and more.
Dining, Entertainment & Shopping
The dining scene in Paradise Valley is inarguably one of the best around, with numerous award-winning restaurants and highly-rated eateries lining the streets. El Chorro
is a unique and unforgettable dining experience, serving authentic Arizona flavors with dishes like flash-fried lobster bites, chipotle and pomegranate glazed sausage, braised beef short ribs, and grilled lamb chops.
There are also numerous luxury accommodations in the area for when residents are looking to enjoy a night out. The Hermosa Inn
is one of the most popular spots in town. This luxury boutique inn offers a heated pool, spa, lawn games, hiking and jogging, and more for guests to enjoy, as well as one of the best restaurants in Paradise Valley.
Sanctuary Camelback Mountain Resort
is another award-winning destination. Not only does it offer some of the best scenery in the area, but it also has a world-class spa, pool, and two distinct dining options.
When the community is hoping to spice up the look of their own homes, they can always visit Cosanti Originals
. This one-of-a-kind art gallery focuses on selling works by local Arizona artists and features a unique collection of bronze and ceramic wind-bells that have become extremely popular with the community.
Things to Do
While Phoenix and Scottsdale are just short drives away from this elite community, there is so much for residents to do in their spare time right in Paradise Valley. Mummy Mountain Preserve
is certainly a local hotspot for anyone interested in off-trail hiking. With over 200 acres held by the local trust, it’s easy to feel like you’ve wandered into another world when you visit this stunning landscape.
Barry Goldwater Park
is another Paradise Valley favorite. This small and well-cared-for park is perfect for an afternoon stroll or taking a closer look at their collection of Boojum cacti.
Of course, when residents are looking to get a bit of shopping in on their afternoon out, they may want to stop by the Paradise Valley Mall
. Undergoing some serious renovations, this center is sure to be a world-class shopping destination filled with specialty boutiques, exceptional eateries, and high-end entertainment that residents will love.