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Rio Verde

Rio Verde

Located in Maricopa County

$1,008,429 Average Value
$446 Average Price per Sq Ft
13 Homes For Sale

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.

The majority of homes in the neighborhood are in three age-restricted (55+) 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.”

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.

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.

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.

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 Melani Beauregard, 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

Rio Verde Housing Trends

Housing Trends

Median List Price
$899,000
Median Sale Price
$849,000
Median Single Family Sale Price
$898,000
Median Townhouse Sale Price
$600,000
Median Change From 1st List Price
6%
Last 12 months Home Sales
122
Median Home Sale Price YoY Change
12%
Average Price Per Sq Ft
$446

Neighborhood Facts

Number of Homes in Neighborhood
2,024
Number of Homes for Sale
13
Median Year Built
1998
Months of Supply
1.30
Average Single Family Home Size Sq Ft
2,333
Above the national average
1,924
Average Townhouse Size Sq Ft
1,956
Average 2 Bedroom Size Sq Ft
1,258
Median Lot Size Sq Ft
10,236

Open Houses

  • 28814 N Summit Springs Rd, Rio Verde, AZ 85263

    $1,850,000

    • 3 Beds
    • 3.5 Baths
    • 3,036 Sq Ft
    • 28814 N Summit Springs Rd

    Welcome to this stunning modern home in the desirable Trilogy at Verde River, offering a sleek architectural design, a spacious three-car garage with epoxy flooring, and an extended pavered driveway, all complemented by a meticulously landscaped front yard with perfectly placed desert plants for stunning curb appeal. The Cataloni layout features 3-bedroom retreats each with their own ensuite,

    Agent Photo
    Beth Rider
    Keller Williams Arizona Realty
    (602) 878-7798
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  • 30000 N 168th St, Rio Verde, AZ 85263

    $98,900

    • 30000 N 168th St
    • New 11 days ago

    Spectacular mountain views abound from this level lot. Live and join the great outdoors! Horses OK. No HOA.Surrounded by Million dollar homes.

    Agent Photo
    Joe Dodani
    eXp Realty
    (855) 264-4769
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  • 18205 E Spring Valley Ct, Scottsdale, AZ 85263

    $549,990

    • 2 Beds
    • 2 Baths
    • 1,542 Sq Ft
    • 18205 E Spring Valley Ct

    Welcome to this brand new home in Trilogy at Verde River! Featuring 2 bedrooms, 2 bathrooms, an office area, and an extended covered patio complete with pavers. The great room offers a luxurious multi slide glass door seamlessly blending the indoor and outdoor areas. The gourmet kitchen is stunning with dark cabinetry stainless steel wall appliances, and Quartz countertops. The primary suite is

    Agent Photo
    Beth Rider
    Keller Williams Arizona Realty
    (623) 624-5901
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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
$71,702
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
65.1%

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