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Rio Verde

Rio Verde

Located in Maricopa County

$997,440 Average Value
$378 Average Price per Sq Ft
130 Homes For Sale

Rio Verde has desert scenery, mountains and an active adult lifestyle

There’s a saying in Rio Verde: If you’re bored in Rio Verde, it’s your own darn fault. “It’s really a lifestyle community. There are so many activities that are offered,” says Realtor and local resident Cindi Pendergraft. “And you meet people very quickly. When you move into the area, it’s just one of those places where people just take you in.” On top of that, she says, “We have beautiful views, custom homes and fabulous golf courses. It’s just a heavenly place to live.” Beautiful views may be an understatement. The area, located about 30 miles from Scottsdale, is surrounded by Tonto National Forest and McDowell Mountain Regional Park, which means great views and recreation opportunities — including a grand total of five scenic golf courses — are par for the course.

There’s always great mountain views when walking around Rio Verde.
There’s always great mountain views when walking around Rio Verde.
Spend the day practicing your swing at Rio Verde Country Club.
Spend the day practicing your swing at Rio Verde Country Club.
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Golfing in Rio Verde, plus hiking in the McDowell Mountains

Golf is pivotal to the community; the Rio Verde community has two courses of its own, Trilogy at Verde River has one course, and Tonte Verde has two courses. In fact, “A lot of people choose which community to move to based on the golf courses,” Pendergraft says. “They’ll go play all the golf courses and then make the decision. Although, golf became so very popular during COVID-19 that we have a waitlist.” Of course, if golf isn’t your game, there are plenty of other ways to take in the beauty of the area. McDowell Mountain Regional Park is just south of the neighborhood, and Tonto National Forest wraps around the north and east boundaries. Between both parks, residents can access millions of acres of land to explore; they often meet up in groups to traverse the hiking and biking trails. And, of course, each community has its own clubhouse with pools and other amenities and activities.

While many homes in Rio Verde have golf course views, many others are just steps away.
While many homes in Rio Verde have golf course views, many others are just steps away.
Live a life of leisure in Rio Verde.
Live a life of leisure in Rio Verde.
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Contemporary homes, townhouses and more in Rio Verde's 55-plus areas

The majority of homes in the neighborhood are in three age-restricted (55-plus) communities, including Tonto Verde, Trilogy at Verde River and Rio Verde (not to be confused with the name of the neighborhood); a few custom homes outside of these subdivisions also call Rio Verde home. There’s even a ranch equestrian community, Granite Mountain Ranch, with horse trails, two round pens and two arenas. Prices can vary wildly depending on what type of home you’re looking at. A new construction two-bedroom detached home in one of the age-restricted communities starts around $500,000, while a mansion on several acres with sweeping mountain views can sell for $3 million. Townhouses start at $400,000 for a two-bedroom unit and can go as high as $900,000; the higher-end prices are typically built on the most in-demand homesites with the best views and upgraded finishes inside. According to Pendergraft, “We have people who start in a townhouse and move up to a single-family house. We have people who are moving around within the community because they don’t want to leave.”

Rio Verde has many luxury homes so you can live your best life.
Rio Verde has many luxury homes so you can live your best life.
Live a life of luxury and enjoy incredible views in Rio Verde.
Live a life of luxury and enjoy incredible views in Rio Verde.
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Schools, including Desert Sun Academy and Sonoran Trails Middle

Schools in Rio Verde — for those who aren’t in one of the age-restricted communities, of course — are in the Cave Creek Unified School District and attend schools like Desert Sun Academy, graded A-minus by Niche, Sonoran Trails Middle School, also graded A-minus by Niche, and Cactus Shadows High School, graded B-plus by Niche. Dessert Sun Academy is a World Language School, and students begin participating in the school’s French Program in second grade.

Cactus Shadows High School is located in Pinnacle Peak.
Cactus Shadows High School is located in Pinnacle Peak.
Desert Sun Academy is available for many Rio Verde residents.
Desert Sun Academy is available for many Rio Verde residents.
Sonoran Trails Middle School is graded an A-minus by Niche and is offered to most Rio Verde students.
Sonoran Trails Middle School is graded an A-minus by Niche and is offered to most Rio Verde students.
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Shopping at the nearby Kierland Commons and Scottsdale Quarter malls

Since Rio Verde is light on commerce, most residents head about half an hour to Scottsdale for retail and restaurants. Kierland Commons and Scottsdale Quarter are two popular shopping malls located next to each other, about 25 miles from home; here, you can shop stores like Apple, Crate and Barrel and Talbots. While it’s always an option to grab a bite at one of the nearby golf course’s restaurants, the Scottsdale area will have the most options to satisfy whatever you’re craving, whether it’s a Southern brunch at Sugar Jam or Culinary Dropout’s famous fried chicken. The closest spot for groceries is about 10 miles from home, at the Safeway in neighboring Fountain Hills.

Rio Verde residents can shop at dozens of name-brand stores in nearby Scottsdale Quarter.
Rio Verde residents can shop at dozens of name-brand stores in nearby Scottsdale Quarter.
Rio Verde residents spend the afternoon shopping with friends at Kierland Commons.
Rio Verde residents spend the afternoon shopping with friends at Kierland Commons.
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Driving to Phoenix Sky Harbor International Airport and health care

Other points of interest for the potential homebuyer: The nearest major airport is the Phoenix Sky Harbor International Airport, about 35 miles away, and the nearest hospital is HonorHealth Scottsdale Thompson Peak Medical Center, about 20 miles away, or the Mayo Clinic Hospital, about 25 miles away.

Katelin Hill
Written By
Katelin Hill
Ryan Nelson
Photography Contributed By
Ryan Nelson
Daniel Quattro
Video By
Daniel Quattro

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

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Rio Verde Housing Trends

Housing Trends

Median List Price
$875,000
Median Sale Price
$813,500
Median Single Family Sale Price
$849,000
Median Townhouse Sale Price
$528,500
Median Change From 1st List Price
5%
Last 12 months Home Sales
166
Median Home Sale Price YoY Change
9%
Average Price Per Sq Ft
$378

Area Facts

Number of Homes
2,007
Number of Homes for Sale
130
Median Year Built
1998
Months of Supply
9.40
Average Single Family Home Size Sq Ft
2,353
Above the national average
1,927
Average Townhouse Size Sq Ft
1,943
Average 2 Bedroom Size Sq Ft
1,258
Median Lot Size Sq Ft
10,454

Open Houses

  • Saturday, Nov 29
    Open Sat 1PM - 4PM

    27921 N Agua Verde Dr, Rio Verde, AZ 85263

    $1,775,000

    • 3 Beds
    • 3 Baths
    • 3,857 Sq Ft
    • 27921 N Agua Verde Dr
    • New 11 days ago

    Prime Location & Magnificent Views from this Home in the Gated, Golf Course Community of Tonto Verde. 3 Bedrooms, 3 Baths, Office and large Kitchen, Dining, & Great Room area. Granite Counters in the Kitchen with a unique Island, Dacor & Bosch Appliances. Vaulted Great Room Ceiling w/ Wood Beams & Accent Lights. Beautiful 8ft Solid Alder Wood Interior Doors throughout. Andersen Windows & Sliding

    Fredrick Anschutz Tonto Verde Realty

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  • Sunday, Nov 30
    Open Sun 1PM - 4PM

    27609 N Desierto Dr, Rio Verde, AZ 85263

    $1,795,000

    • 4 Beds
    • 4.5 Baths
    • 4,176 Sq Ft
    • 27609 N Desierto Dr
    • New 27 days ago

    Looking for the million dollar view in Tonto Verde? This almost 4200 square foot home, located on the 4th green of the Ranch Course, features spectacular mountain and golf course views from almost every room in the house. Showcasing great curb appeal, manicured desert landscaping, climate controlled 3-car garage with storage cabinets & storage room. The welcoming front porch is protected by an

    Mike Moore Realty ONE Group

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  • Saturday, Nov 29
    Open Sat 1PM - 4PM

    18300 E Adobe Way, Rio Verde, AZ 85263

    $1,175,000

    • 3 Beds
    • 3 Baths
    • 2,768 Sq Ft
    • 18300 E Adobe Way
    • New 28 days ago

    Southwest beauty in Tonto Verde. This custom home built by Phoenix Smith is absolutely charming. The long paver driveway, 3-car garage, front courtyard with beautiful floral pots, and touches of stained glass simply add to the charm. The freshly painted, large great room with windows galore bring in the natural desert landscape which simply enhances your living space. A lovely breakfast area is

    Cindi Pendergraft Realty ONE Group

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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

Rio Verde Has More Owners

Demographics

Total Population
2,992
Median Age
75
Population under 18
0.4%
Below the national average
23.8%
Population over 65
83.6%
Significantly above the national average
19.1%

Finances

Median Household Income
$134,032
Significantly above the national average
$79,601
Average Household Income
$155,992

Education and Workforce

High School Graduates
99.7%
College Graduates
65.4%
Significantly above the national average
34.1%
Advanced Degrees
24.6%
% Population in Labor Force
31.7%
Significantly below the national average
64.9%

Weather

Annual Precipitation
10''
Average Winter Low Temperature
43°F
Average Summer High Temperature
104°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

27 / 100

Car-Dependent

Walk Score®®

5 / 100
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.
Rio Verde
Todd Stengel
Morgan Taylor Realty
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