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Paradise Valley

Paradise Valley

Located in Maricopa County

$985 Average Price per Sq Ft
9 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 Sally Werner, 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
$3,500,000
Median Sale Price
$3,000,000
Median Single Family Sale Price
$4,350,000
Median Townhouse Sale Price
$1,033,700
Median 2 Bedroom Sale Price
$1,380,000
Median Change From 1st List Price
14%
Last 12 months Home Sales
359
Median Home Sale Price YoY Change
-6%
Average Price Per Sq Ft
$985

Neighborhood Facts

Number of Homes in Neighborhood
6,373
Number of Homes for Sale
9
Median Year Built
1980
Months of Supply
0.30
Average Single Family Home Size Sq Ft
5,145
Significantly above the national average
1,924
Average Townhouse Size Sq Ft
1,841
Average 2 Bedroom Size Sq Ft
1,535
Average 1 Bedroom Size Sq Ft
1,554
Median Lot Size Sq Ft
34,412

Open Houses

  • 7014 E Palo Verde Ln, Paradise Valley, AZ 85253

    $4,500,000

    • 5 Beds
    • 4 Baths
    • 5,475 Sq Ft
    • 7014 E Palo Verde Ln

    Welcome to 7014 E Palo Verde Ln! This exceptional property is located in the heart of Paradise Valley - a picturesque town known for its beauty, tranquility, and relaxed lifestyle. The single-story property has been renovated and offers over 5475 sqft of inspired living space on .855 acres of land. The charming modern ranch-style home is adorned with exterior brick, black board and batten

    Agent Photo
    Cariste Harlan
    W and Partners, LLC
    (623) 624-8291
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  • 5122 E Shea Blvd Unit 1012, Scottsdale, AZ 85254

    $559,900

    • 2 Beds
    • 2.5 Baths
    • 1,246 Sq Ft
    • 5122 E Shea Blvd
    • Unit 1012
    • New 18 days ago

    Live in the heart of it all! This beautifully renovated condo is just minutes from Trader Joe's, Sprouts, Safeway, Paradise Valley Mall, trendy restaurants like Il Bosco and Cook & Craft, plus fitness studios and cozy coffee shops. Inside, you'll love the fresh modern vibe wood-look tile flooring, flat-panel cabinetry, designer lighting, quartz countertops, and premium stainless steel appliances.

    Agent Photo
    Beth Rider
    Keller Williams Arizona Realty
    (480) 439-0416
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  • 3933 E Rancho Dr, Paradise Valley, AZ 85253

    $3,500,000

    • 1 Bed
    • 1 Bath
    • 884 Sq Ft
    • 3933 E Rancho Dr

    The property boasts stunning, uninterrupted views of Camelback and Praying Monk Mtns. The previous home was demolished, leaving an oversized 3-car garage and a 884 +/- sq.ft. guest home sitting on over 1.2 acres. You can live in the guest home while building your dream house. The modern guest home has one bedroom but can be converted into a two-bedroom home, with one bathroom, a full kitchen,

    Agent Photo
    Cariste Harlan
    W and Partners, LLC
    (602) 610-5840
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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%

Area Factors

Car-Dependent

Walk Score®®

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Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

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
Sally Werner
Key Select Real Estate
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