Realty Executives Phoenix
Denise van den Bossche
Denise van den Bossche
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PARADISE VALLEY is a mature 16 square mile residential community of approximately 3,600 homes surrounding Camelback Mountain, the Phoenix Valley’s most recognizable landmark. PV is the wealthiest zip code in Arizona, with one acre minimum lot sizes and custom built homes. Roads embrace the natural hilly terrain provided by the foothills of Camelback, Mummy and the Phoenix Preserve. There is a dark sky ordinance. The Township is entirely residential, with the exception of several famous Resorts grandfathered in at its incorporation in 1961. A big appeal of Paradise Valley is its proximity to the city centers of Scottsdale and Phoenix, as well as Sky Harbor International Airport and the Scottsdale Airport for non-commercial travel. Homes include estates with breathtaking views requiring narrow private drives winding high on the hillside, privately gated compounds of more than five acres, newer custom infills, and gated and guard gated communities. There are two Golf Clubs, Paradise Valley Country Club with one 18 hole course and a long invitation-only wait-list for membership; and the Camelback Golf Club north of the Camelback Inn & Spa, featuring two 18 hole Championship Golf courses and neighborhoods which comprise the entire northeastern quadrant of the Town.
Walkers, bikers, joggers and golfers enjoy hilly and picturesque trails & views.
PV is conveniently just 10-15 minutes from Sky Harbor International Airport, the Phoenix Art & Theatre District, the Arizona Diamondbacks and Phoenix Suns Basketball arenas, Old Town Scottsdale and Arizona State University. The eastern border is Scottsdale Road, across from Gainey Ranch and the Shops at Gainey, the McCormick Ranch Golf courses and communities all the way south to Scottsdale Fashion Square Mall at Old Town.
Quick access to the 101 and 51 makes PV convenient to Casinos, Lakes, 15 Cactus League Spring Training games, the occasional Superbowl, the Fiesta Bowl and Arizona Cardinal Stadium, the Arizona Coyotes Hockey Arena, Phoenix Rising Soccer, numerous Collector Car Auctions, the PGA Phoenix Open and more. A PV resident typically lives within a 5 mile drive circle of all their favorite restaurants, groceries, Spa resorts, salons and shopping.
A short 2 hour drive north takes you to Sedona or Forrest Highlands in the cool pines, or to Ski Flagstaff with elevation of 12,000 feet. A 5 hours northeast takes you towards the four corners of Utah, Colorado, New Mexico, or to the Grand Canyon. Driving 4-5 hours west you can visit the beaches of Mexico or Southern California.
I bought my first home in PV in 1985 and have lived and sold real estate here now for over 35 years. Ilove PV's character, convenience, safety, and the ability to walk, jog or bike for hours without leaving the neighborhood. On the north side near Camelback Country Estates, we can take a golf cart to PVCC or Camelback Inn. We are also across Scottsdale Road from Gainey Village for restaurants, coffee, Pilates, Yoga, nails, hair salons and more. There is no town property tax, thanks to the amazing resorts, and we have some of the best public and private schools and I have been able to sponsor Cherokee, Cochise and Chaparral, the popular "3-C" Schools. The town police are extremely accommodating and efficient in providing security to residents, from block watches to vacation check-ins.
Over these last 3 decades, I been active on boards, committees and neighborhood groups and chances are good that I have seen that home you have a special interest in, and watched it evolve and change ownership over the years.
Real estate here has always provided steady appreciation. Last year, the PV median home price was $2.4 Million with a median square foot price of $455 (Cromford Jan 2021). These values have continued to rise steadily over the years (Latest Housing Market Updates Here).
There are many mountainside homes and large multi-acre estates on elevated grades in Paradise Valley. Many hillside homes view breathtaking Sonoran Desert sunsets, gorgeous surrounding mountain peaks, snow covered a few times each winter. Other homes also view the Scottsdale and/or Phoenix skylines. There is a no-dynamite policy in PV, which requires years to build a pad and driveway, and these costs are usually reflected in the price of the home. Of course, with the views are sometimes trade-offs including steps, steep driveways, and small usable yards. Due to the hillside terrain, biking and walking on incline are popular with residents. I served on the PV Hillside Committee in the 1980s and learned a great deal about the nuances specific to the area’s soil conditions and the logic behind many of the building restrictions.
Settlement in Paradise Valley began here just after World War II. The homes were modest in size and style and they usually occupied 1 to 5 acres. In the late 1950s, Phoenix and Scottsdale were looking to expand their respective boundaries, so residents formed a "Citizens Committee for the Incorporation of the Town of Paradise Valley, Arizona" with the main goals to keep zoning to a one house per acre minimum; to keep the area entirely residential; and to keep government regulation to a minimum. The town became a reality in 1961. Many of the original homes included incredible estates of some of this Country and State's founding families, vacationing politicians, dignitaries and celebrities. Several have been preserved and are now resorts and/or residences.
Known for its celebrity appeal, you will see framed dated photos line the walls of many of our Resorts. Marilyn Monroe regularly landed at the private landing strip at the former Casa Blanca Resort, now a historic neighborhood. Emma Stone grew up here, swimmer Michael Phelps wed here and they are now raising their family here, as well as many athletes due to the long list of championship and professional sports teams based in the area. Once you live in the area, it’s a great place to stay, plant roots, and retire.
Paradise Valley is in the middle of the fourth or fifth largest metropolitan in the United States. With over 300 days of sunshine a year, low incidences of natural climatic disasters, and mild traffic congestion, the Phoenix Valley is continually considered one of the fastest growing areas of the nation. The Paradise Valley Ritz Carlton 110 acre development well under way is the first project undertaken by the Ritz in over 2 decades and will include some of the best shopping in the country.
One thing remains constant and is even more true than ever: Your Home Equity is a significant asset in your portfolio and you deserve expert guidance. Is Now a Good Time to Buy or Sell a Home? Call Denise 602-980-0737, celebrating 35 years Arizona Real Estate. For the Latest Housing Market Trends, Updated Monthly, go to: www.HotFromPhoenix.com
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