Realty Executives Phoenix
Denise van den Bossche
Denise van den Bossche
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Arcadia is a neighborhood bordering Old Town Scottsdale, at the southern base of Camelback Mountain. It is a neighborhood that includes homes both in Scottsdale (85251) and Phoenix (85018).
The neighborhood has rich history, and has a long list of well known celebrities, politicians and business leaders as current or previous residents.
Arcadia has been in its own market bubble for nearly a decade, outpacing the local housing market so much that statisticians must manually carve out the area when discussing housing trends. In 2019, a $3 Million home here was torn down to be used as the "back yard" of a neighboring home. Bidding on a home here is not for the faint of heart.
Arcadia's borders have also expanded into a now routinely referenced “Arcadia-Lite” terminology. Arcadia “proper” is bordered to the west by 44th Street, to the east 70th Street, Indian school (formerly only to Lafayette) to the South and Camelback Rd to the North. The premium street is Exeter Blvd. Because of its proximity, views of Camelback Mountain also command a premium.
Much of the demand is from young families of parents who grew up in Arcadia as children. You will find wide streets and mature shade trees and a canal which beckons runners, dog-walkers, bicycles and children. Old Town Scottsdale is an easy walk, and within blocks you can find groceries, restaurants and coffee shops.
Many residents belong to the family friendly Arizona Country Club. Just across Camelback Road is the Phoenician Resort which has a golf course, fabulous happy hour, great restaurant and popular pool & fitness membership package for residents. Nearby is the Camelback hiking trailhead which was recently relocated from Invergordon. At Scottsdale Rd is Scottsdale Fashion Square and Old Town Scottsdale. To the west is the fabulous Henry Restaurant, the Village Health Club and AJ's gourmet groceries. For Farmer's Market, Old Town has a fabulous one, as well as another close by at 40th & Camelback Rds.
The public schools here are amazing, with high parent involvement. Because of Open Enrollment, they typically have long wait lists.
Arcadia is an older community, and there are very few active Homeowner’s Associations, which has led to many short term vacation rentals. There are also some newer small gated communities.
The homes range from 1950 ranch style on smaller lot, to sprawling new-build multi-million dollar estates. There are also older exposed phone and electric lines. Be advised that the older homes have nuances inherent to this specific neighborhood, and sewer inspections are just one of a list of things your seasoned Realtor should advise you on.
Denise van den Bossche (www.DeniseVDB.com) has been a career Real Estate professional in the Scottsdale Valley since 1985, participating in the Phoenix Valley’s growth from a population of 1.5M to the current 4.5 million. She knows the communities, neighborhoods, builders, architects and the market cycles. She can be reached at 602-980-0737