Paradise Valley Real Estate
Paradise Valley, Arizona
is renowned across this great Nation and is actually a small area tucked into the central corridor of Phoenix, South of Scottsdale and encompassing only 15.5 square miles.
Paradise Valley is the wealthiest of Phoenix suburbs with an average household income of approximately $150,000.00 and a current estimated population of 13,673 residents.
Paradise Valley sits nestled quietly, regally and quite elegantly amidst three distinct mountains:
Piestewa Peak to the West, Mummy Mountain at its core and Camelback Mountain (yes, it resembles a Camel resting) to the South. Some of the most private and creatively designed architectural renderings of homes have been established on the slopes of these mountains sitting guard around this Town of Paradise Valley.
Eight – eight! – full service, and arguably World renowned, resorts are established within Paradise Valley. One of my favorites is also the favorite of a male movie celebrity who stays frequently for respite, sun, relaxation and enjoys the restaurants, golf and exotic car shopping. Who? Did I not mention his name?! Remind me to tell you, when we talk about your real estate objectives!
As an original European settlement, Paradise Valley was initially used for cattle raising (and, grazing) which was the case with other areas of the Phoenix metropolitan area. The McCormick and Gainey Ranch areas of Scottsdale are so named for the ranchers who raised cattle there, then sold the land that was then developed as it is enjoyed today.
Back to Paradise Valley. That area was then sold off and developed into large parcels for residential homesteads, mostly one to five acre parcels; thus, the estate homes enjoyed in large part today, and the home values appreciated.
Additionally, there is a new urban chic growth, high rise concierge living with curb side service for those down sizing and tired of caring for large homes and the lawn and pool care that goes with it, or those weary of the lock and leave and worry that sometimes accompanies same; similarly, there is a restoration and expansion of some old areas that are gaining notoriety and, from an investment standpoint, realized value from renovation.
Lots to discuss and consider…depending upon your needs…wants…lifestyle….investments (or, not). Give me a call. Maybe we will visit my favorite resort and watch for that celebrity and enjoy a mimosa pool side and talk about the Paradise Valley experience!