The Most Expensive Neighborhoods in Paradise Valley

Most Expensive Neighborhoods in Paradise Valley AZ

Paradise Valley’s most expensive neighborhoods hug Camelback Mountain along the Southeast parts of the city. These areas provide the most stunning views of the most iconic mountain in Metro Phoenix and offer an abundance of sunshine. With unparalleled access to some of the best amenities in the area, 85250 and 85253 are some of the most desirable zip codes in Arizona. 

While other areas of Phoenix and Scottsdale contain pricey luxury homes, Paradise Valley AZ takes the prize for the most exclusive enclaves. Paradise Valley is known for offering its residents a private, slower-paced, affluent lifestyle. Properties are much more rural and spread out compared to other areas, this makes it suitable for horse properties and large estates. Paradise Valley is best known for its world class golf courses, high-end restaurants and notable residents, like gold-medalist Michael Phelps, Mohammad Ali and Dan Quayle.

Paradise Valley luxury properties are typically in gated communities or are singular homes that have their own gate. Smaller neighborhoods, such as Camelback Country Club Estates, offer high-end homes on large lots with a community feel. For mansions and luxury homes in Paradise Valley, large parcels, privacy, and manicured lush landscaping are the norm.

Paradise Valley offers plenty of things to do, while still in close proximity to all that Phoenix and Scottsdale have to offer. Some of our favorite Paradise Valley attractions and luxury destinations include: 

Paradise Valley Golf Club

Omni Scottsdale Resort & Joya Spa

Elements at the Sanctuary Camelback Mountain Resort

Hike Camelback Mountain

Let’s look further to find the most exclusive subdivisions and enclaves in Paradise Valley. 

Jokake Camelback Properties 

Jokake Camelback Properties is the most expensive neighborhood in Paradise Valley with the reputation of being the “Bel Air” of Phoenix. This 15 home neighborhood contains the most expensive homes in Paradise Valley giving it the nickname of “Billionaire’s row”. 

Each custom built, ultra-luxury estate sits on 2-10 acres with homes as large as 20,000 square feet. Homes within this high-end luxury community feature private gated entries, guest houses, tennis courts, pools, movie theaters and more. These immaculate homes sit on sprawling and finely manicured yards with custom, lush landscape designs and gardens. 

Hugging the north side of Camelback Mountain, homes in Jokake Camelback Properties offer superior views of Camelback Mountain, the Praying Monk rock formation, and the city lights. Homes sell for well into the $25,000,000 range making for some of the most expensive real estate in Arizona.

Morning Glory Estates  

The neighborhood of Morning Glory Estates is described as elegant and idyllic. Each luxury home was designed and built by some of the most celebrated builders in the valley, such as Tabarka Home and Candelaria. This neighborhood contains 10 exquisite Paradise Valley homes featuring modern Mediterranean designs. 

Each luxury estate sits on 1-3 acres with homes that range from 5,500 to 9,000 square feet. Estates within this luxury community include private gated entries, guest houses, tennis courts, pickleball courts, pools, movie theaters and more. Homes within Morning Glory Estates are known for lush, manicured grounds with some homes backing onto the Camelback Country Club golf course. 

Morning Glory Estates is located north of Mummy Mountain giving these homes some of the most impressive views in the valley. Homes sell for well into the $15,000,000 range making homes in this exclusive neighborhood some of the most expensive real estate in Arizona.

Metes and Bounds 

In the Metes and Bounds subdivision of Paradise Valley Arizona you can find expansive, historic estates that sit on large lots of an acre or more. Home designs range from timeless Santa Barbara to modern contemporary masterpieces.

The estates here are nestled into the north base of Camelback Mountain offering incredible views of the city below and the iconic mountain itself. Most homes include separate guest houses, lush landscaping and manicured gardens, and private gated entries. The homes are palatial and meticulously designed to impress.

Metes and Bounds homes range from 8,000 to 16,000 square feet and are selling well into the $16,000,000 range. Even better, there is no HOA (home owners association). These iconic homes make this community one of the most sought after neighborhoods in Paradise Valley.

Club Estates 

The Club Estates community features some of the most impressive homes in the heart of Paradise Valley. Its prime location, mountainside homes and unparalleled views make it some of the most exclusive real estate in metro Phoenix. This neighborhood contains 55 exquisite Paradise Valley homes on oversized lots.

Each luxury estate sits on about 1 acre with homes that range from 5,000 to 17,000 square feet. Homes within this luxury, mountainside community feature private gated entries, stunning private pools and spas, palatial designs and awe-inspiring mountain views. 

Paradise Valley’s Club Estates is located at the southwest base of Mummy Mountain and adjacent to Paradise Valley Country Club, the JW Marriott and the Omni Scottsdale Resort and Spa at Montelucia. This prime location offers stunning 360 degree mountain views of the McDowell Mountains, Red Mountain, the Superstitions and Usury Mountains in the distance. Homes sell for well into the $12,000,000 range making homes in this stunning community some of the most expensive in Arizona.

Cameldale Estates 

Cameldale Estates is the newest neighborhood in Paradise Valley designed to be the pinnacle of Paradise Valley luxury real estate. This 11-home development has a prime location at the base of Camelback Mountain and next to the most exclusive neighborhood in Paradise Valley, Jokake Camelback Properties. Each luxury estate is designed by the award winning team of CP Drewett of Drewett Works and Claire Ownby of Ownby Designs.

Each estate features a custom 6,000+ square foot floor plan that depicts its own unique features and layout. These homes offer the best in community and privacy with mature green hedges separating each property for the right amount of privacy. The grounds will feature manicured landscaping and tree-lined streets making this community the ultimate luxury oasis in the desert.