Paradise Valley

Paradise Valley

Located in Maricopa County

$933 Average Price per Sq Ft
173 Homes For Sale

Sonoran Desert opulence, just north of Scottsdale

Just east of the Phoenix mountains and surrounded by the Sonoran Desert, Paradise Valley lures celebrities and the simply wealthy with its luxury estates, golf courses and sense of seclusion. Eleven miles north of Scottsdale, Paradise Valley is the most affluent town in Arizona, with home prices that soar to the multi-millions. “This is strictly luxury living, surrounded by everything," says Seyoue Sims, a Realtor with DeLex Realty, who sells luxury homes in the area. "And that’s kind of the draw. You’re not in the urban hustle and bustle, but you have access to it close by." Year-round sunny weather attracts both full- and part-time residents. “Someone may have a second home here that’s 15,000 square feet that they only visit maybe two months out of the year,” says Sims.

Paradise Valley offers a quiet neighborhood feel to its residents.
Paradise Valley offers a quiet neighborhood feel to its residents.
Paradise Valley Country Club has well-maintained grounds.
Paradise Valley Country Club has well-maintained grounds.
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Pricey estates for the ultra-wealthy

At the start of 2025, Paradise Valley's median home price is $3.5 million, vastly higher than the national median and Scottsdale's roughly $863,000. The sprawling estates here are generally custom-built or architect-designed and set on multiple manicured acres with infinity pools, tennis courts and more. While many estates cost between $1.5 million and $9 million, those set on the slopes of Mummy Mountain, Camelback Mountain and Piestewa Peak tend to range from $10 million to $25 million. Because of their high price tags, estates here can sit on the market for a long time, waiting for a very specific buyer. “I had a seller list a house for about $26 million, and it sat on the market for six years,” Sims says. “It had its own nightclub, which doubled as a panic room with two bank vault doors. It had a full movie theater with a lobby and a ticket booth, and every child had their own master bathroom.”

More modest single-family homes are also available here, often built between the mid- to late 20th century, with prices ranging from about $750,000 to $1 million. Townhomes and condos built between the late 20th century and the 2010s tend to have access to a community pool, and cost between roughly $400,000 and $700,000. Many of these relatively less expensive homes are set in gate-guarded communities.

Paradise Valley's zoning laws call for large lots in order to preserve its low-density housing scene and limit the possibility of commercial development. With increasingly limited parcels of land available in Paradise Valley’s roughly 15 square miles, it’s common for buyers to purchase an older home just for the lot with the intention of tearing it down to build a new one.

Large luxury modern homes are prevalent in Paradise Valley.
Large luxury modern homes are prevalent in Paradise Valley.
Single family homes sit safely behind sidewalks in Paradise Valley.
Single family homes sit safely behind sidewalks in Paradise Valley.
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Top-rated public and private schools

Paradise Valley is zoned for Scottsdale Unified School District, which Niche rates an overall A. The district serves over 20,000 students across its 29 school campuses and one online high school. Highly rated private schools in the area include Phoenix Country Day and Brophy College Preparatory, both rated A-plus by Niche, which names them the No. 1 and No. 2 private school in Arizona, respectively.

Larkspur Elementary serves the students of Paradise Valley.
Larkspur Elementary serves the students of Paradise Valley.
Send your children to the James Lee Childhood Learning Center in Paradise Valley.
Send your children to the James Lee Childhood Learning Center in Paradise Valley.
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Proximity to upscale shopping and dining in Old Town Scottsdale and Scottsdale Fashion Square

Paradise Valley is home to several chic, locally owned eateries, as well as several national-chain grocery stores. Upscale boutique shopping and fine dining are a few minutes away in neighboring Scottsdale, both at the Scottsdale Fashion Square shopping mall and in lively, walkable Old Town Scottsdale; the latter also offers a vibrant nightlife scene.

The local Paradise Valley Carneceria offers fresh cut meats.
The local Paradise Valley Carneceria offers fresh cut meats.
Original Breakfast House in Paradise Valley offers a cozy and eclectic interior.
Original Breakfast House in Paradise Valley offers a cozy and eclectic interior.
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Popular golf courses and mountain hiking trails

Paradise Valley has two golf courses, Paradise Valley Country Club and Camelback Golf Club. The Phoenix Mountains Preserve is just west of town, with a collection of parks that include Piestewa Peak Recreation Area, Camelback Mountain Park, and the North Mountain and Shaw Butte Preserves, all with challenging hiking trails.

Explore the Dixie Peak trailhead in Paradise Valley.
Explore the Dixie Peak trailhead in Paradise Valley.
Indian Bend Wash Park has something for everyone in Paradise Valley.
Indian Bend Wash Park has something for everyone in Paradise Valley.
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A central location with a lack of traffic

No major roads travel through Paradise Valley, an intentional measure meant to preserve its sense of quiet residential seclusion. Scottsdale Road forms the town’s eastern boundary and is lined with Valley Metro bus stops. Piestewa Freeway, Loop 101 and HonorHealth Scottsdale Osborn Medical Center are within 5 miles of town. Phoenix Sky Harbor International Airport is about 10 miles away, offering nonstop flights to over 140 destinations around the world.

Lauren Schott
Written By
Lauren Schott
Javier Briseno
Photography Contributed By
Javier Briseno
Kellan Beaver
Video By
Kellan Beaver

Interested in learning more about homes in this area? Reach out to Scott Wible, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Paradise Valley Housing Trends

Housing Trends

Median List Price
$4,500,000
Median Sale Price
$3,700,000
Median Single Family Sale Price
$4,701,313
Median Townhouse Sale Price
$1,050,000
Median 2 Bedroom Sale Price
$360,000
Median Change From 1st List Price
6%
Last 12 months Home Sales
323
Median Home Sale Price YoY Change
$12
Average Price Per Sq Ft
$933

Neighborhood Facts

Number of Homes for Sale
173
Months of Supply
6.40

Open Houses

  • Tuesday, Jun 17
    10am - 12pm

    8815 N 65th St, Paradise Valley, AZ 85253

    $5,750,000

    • 5 Beds
    • 6.5 Baths
    • 8,340 Sq Ft
    • 8815 N 65th St

    A rare sanctuary for car collectors and wine enthusiasts, this elegant Paradise Valley estate offers resort-style living in a coveted location south of Doubletree. Set on a quiet, tree-lined street with a circular drive and porte-cochère, the home features soaring ceilings, expansive living spaces, five en-suite bedrooms, and a grand office. The 1,000+ bottle wine cellar includes a backup

    Frank Aazami Russ Lyon Sotheby's International Realty

  • Saturday, Jun 21
    12 - 3pm

    6515 E Stallion Rd, Paradise Valley, AZ 85253

    $6,499,000

    • 5 Beds
    • 6 Baths
    • 6,576 Sq Ft
    • 6515 E Stallion Rd

    New Price enhancement!Set in the heart of Paradise Valley, this Fully renovated in 2024 top to bottom, 5-bedroom, 6-bathroom estate offers refined luxury and timeless elegance. With over 6,576 sq ft of beautifully designed living space on a prime 1.15-acre lot, this fully updated home features a new 50yr roof, hardwood floors, New Bosch A/C systems and much more!Be welcomed by open, light-filled

    Patrice Hart-Pimentel Realty ONE Group

  • Tuesday, Jun 17
    9am - 1pm

    5533 E Stella Ln, Paradise Valley, AZ 85253

    $2,500,000

    • 3 Beds
    • 3 Baths
    • 2,502 Sq Ft
    • 5533 E Stella Ln

    A rare, single-level Villa at guard-gated Mountain Shadows blends luxury w/ resort-style living and breathtaking Camelback views. This 3 bed, 3 bath stunner boasts chef's kitchen w/ SubZero fridge/freezer, wine tower, 48'' Wolf range, waterfall quartz countertop, and full height slab backsplash. Enjoy indoor-outdoor flow with 9' bi-fold doors, electric shades, and a private patio featuring a

    Greg Kilroy Keller Williams Realty Sonoran Living

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Paradise Valley Has More Owners

Demographics

Total Population
14,357
Median Age
53
Population Density
22 ppl/acre
Population under 18
18.9%
On par with the national average
23.8%
Population over 65
30.4%
Above the national average
19.1%

Finances

Median Household Income
$218,050
Significantly above the national average
$71,702
Average Household Income
$216,076

Education and Workforce

High School Graduates
98.9%
College Graduates
72.6%
Significantly above the national average
34.1%
Advanced Degrees
37.1%
Above the national average
13.3%
% Population in Labor Force
53.1%
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Paradise Valley