Scottsdale Home For Sale

The areas of Scottsdale, Paradise Valley, and the Biltmore Region of Phoenix are often considered the same area because they share one commonality — Scottsdale luxury homes for sale with a capital "L" for "Luxurious"!   The area is now the prime real estate of the Phoenix area with many shops and businesses hoping to thrive in the area. This area is home to Phoenix's Ritz Carlton, Biltmore Fashion Park which includes many high-end tenants including Saks Fifth Avenue, Ralph Lauren, Cartier, and Escada, and many highly-acclaimed places to eat. The median home value is slightly over one million with many exceeding ten to twelve million. Stretching from Scottsdale Road to 24th Street this area offers restaurants, luxury resorts, and high-end retailers. However, most important, this area has some of the most expensive real estate in Phoenix, with some homes selling as much as twenty five million. Many celebrities live in this high end community for its breathtaking scenery.  The area is under continuous construction with luxurious hotels, retailers, office buildings and condominiums popping up. The famed Esplanade Towers offer the most in demand luxurious office buildings in the Phoenix area. Trump International Hotel, new residential towers at the highly Biltmore Fashion Park mall, a second Ritz Carlton and luxury residential units are currently planned for the area.

North Scottsdale is where the majority of new home construction is taking place. The city's borders rapidly expand to the east and west in this area, occupying the McDowell Mountain range, now preserved from development by the city. Most of the city's dozens of golf courses are located in North Scottsdale, utilizing the varied desert mountain terrain to create some of the most beautiful courses in the country. Homes in North Scottsdale see median values in the seven hundred and fifty thousand dollar range, with a good majority in the newer areas sky-rocketing above three to four million. North Scottsdale attracts car-enthusiasts from all over the world for its collection of luxury car dealerships including Maybach, Spyker, Panoz, Ferrari, Lamborghini, Saleen, Lotus, McLaren, Aston Martin, Porsche, Rolls-Royce, Bentley, and Maserati.

South Scottsdale is less affluent than the rest of Scottsdale.  Many food banks and homeless shelters are located in South Scottsdale, as well as several strip clubs and check cashing stores. This contradicts the generally wealthy persona that Scottsdale represents to the rest of the world. For many years, South Scottsdale was some of the cheapest real estate in the country with a median home resale value at one hundred thousand dollars. Many homes in South Scottsdale are much smaller and older than homes in North Scottsdale. However, recently the average home resale value in South Scottsdale has increased to two hundred and five thousand. Many run down buildings are being torn down and rebuilt. South Scottsdale will also soon be home to the new research center for Arizona State University. Although South Scottsdale's actual boundaries are in question, South Scottsdale extends from McKellips Road at the city's southern border north to Osborn Road where Old Town / Downtown begins.

Old Town/Downtown Scottsdale/Civic Center/Fashion Square has many streets emulating the cowboy era, stores and primarily western art galleries. Scottsdale's number of art galleries is second only to New York City. This area includes many restaurants, bars, and nightclubs. Streets are usually filled with walking traffic after 10:00pm on Thursday, Friday, and Saturday nights, as Downtown Scottsdale has one of the highest concentrations of bars and nightclubs in the country. It has also seen a renaissance of sorts in the last five years as city living is sweeping many areas in the nation. The Scottsdale Waterfront will soon anchor the once desolate Arizona Canal banks, and no less than five new ultra-luxury condo towers have been approved, and premium one-bedroom units routinely exceed one million. The condos are estimated to cost between one and four million. Tourism has also shot up, with new trendy hotels coming to the area such as The Mondrian, and the revived Hotel Valley Ho. Recently announced was the new West Scottsdale Hotel and Residences, taking a spot in Scottsdale's prime nightclub district. Also nearby is the high-end Scottsdale Fashion Square Mall, one of the ten largest malls in the nation, anchored by Neiman Marcus, Nordstrom, Macy's, Robinsons-May, and Dillard's. Loosely, this area extends from Osborn Road north to Chaparral Road.