Scottsdale Luxury Homes and Estates
One of the Most Desirable Neighborhoods in the Phoenix Metro
At prices starting at $1 million, Scottsdale luxury real estate is not for everyone. However, if you are among those astute investors who have had the privilege of profiting from Wall Street's record returns since 2001 or you are a celebrity seeking a private retreat in one of the nation's most desirable areas outside of Los Angeles, take a serious look at Scottsdale luxury real estate for sale.
From "Rotting Hay" to "Beverly Hills of the Desert"
To see Scottsdale today, one would never guess that its tenuous and precarious beginnings as a Pima Indian village called Vasai Svasoni, which translates as "Place of Rotting Hay", would become recognized throughout the world as an upscale tourist destination, as well as the "West's Most Western Town."
Scottsdale luxury homes for sale are located in quality neighborhoods, many of which feature spectacular views of the Arizona desert, surrounding mountain peaks, and city lights. Scottsdale luxury properties have easy access to world-class shopping, museums, art galleries, first-rate entertainment and recreational facilities, and some of the world's premier golf courses.
In 2006, Scottsdale was among the nation's top ten residential markets, with Scottsdale luxury home sales totaling nearly $600 million.
The Area's Most Desirable Neighborhoods
Scottsdale luxury homes for sale are located in some of the most desirable neighborhoods in the Phoenix metro area. DC Ranch - Silverleaf for example is nestled up against the foothills of the McDowell Mountains; many lots border natural desert preserves, and are located within walking distance to some of the most challenging golf greens in the nation. In addition to golf, residents enjoy tennis courts, swimming pools, biking trails and a plethora of health-club amenities.
Other communities that include Desert Mountain, Legend Trail, Desert Highlands, Grayhawk, and Terravita, have all been carefully planned for exceptional livability. Prices in these communities range from condos priced in the mid-six figures to $10 million mansions on extensive lots - there are many Scottsdale luxury homes for sale from which to choose.
A Unique Process
Buying one of the quality Scottsdale luxury homes for sale is a slightly different process than most mainstream home purchases, from start to finish. The search methodology, shopping process, negotiations, inspections, and due diligence are all unique to the Scottsdale luxury home segment, making it critical to work with a Scottsdale real estate agent who knows the market and who you can trust.
This particular market is also different in that luxury homes for sale are typically marketed internationally, rather than just at the national or local level. With more investors benefiting from the stock market's record highs and foreign investors taking advantage in the lower value of the U.S. dollar, competition for these properties can be fierce.
With a healthy supply of inventory and with many motivated sellers, now is a great time to buy a Scottsdale luxury home!
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