Luxury Homes for Sale in Phoenix, Arizona

Phoenix is Arizona's capital and its largest city, with neighborhoods that range from historic districts and downtown high-rises to suburban foothills communities. It is also the center of the Valley's job market, sports, dining and arts. These are the newest homes for sale in Phoenix listed at $1,500,000 and above. There is no single definition of a luxury home, so I use this price point as a starting place for this area.

Buying at Higher Price Points

At higher price points, lot, views, privacy, finishes and amenities can vary widely, and terms and timing can matter as much as price. Having an experienced agent on your side helps you compare properties and structure an offer that protects your interests.

Before You Buy

Every luxury home is different, so plan on detailed inspections and a careful review of the HOA documents, if any, before you make an offer.

Every purchase is different, and I'm a strong negotiator who keeps negotiating until the keys are in my client's hands. On some homes you may also be able to take over the seller's existing FHA, VA or USDA loan; see my assumable mortgage guide.

Learn more in my Moving to Phoenix guide, browse homes by lifestyle and amenity, or compare all my Greater Phoenix city guides. Call Terry Day at 602-483-4665.

Phoenix luxury homes: questions people ask

Is Paradise Valley part of Phoenix?
No, Paradise Valley is its own town, incorporated in 1961, and is not part of the City of Phoenix. Residents incorporated to keep the area residential with one-acre-per-house minimum zoning. If you are comparing the two, see our Moving to Paradise Valley guide and Paradise Valley luxury homes.

Where is the Arcadia area of Phoenix?
In the City of Phoenix, the Arcadia Camelback Special Planning District runs roughly from Indian School Road to Stanford Drive and from 44th Street to 64th Street. The district was adopted in 1999 and adds its own zoning standards. Listings sometimes use the Arcadia name loosely, so check the city on the listing and county records before you write an offer.

Are there extra building rules for a home on a Phoenix hillside lot?
Yes, the City of Phoenix reviews hillside plans for any project in a hillside development area, which covers property with a slope of 10% or more. City staff review building height over natural grade, lot coverage and the area of ground disturbed outside the roof. Some projects also need a variance or a hillside grading waiver, so check before you plan an addition or a rebuild.

Does Arizona have a real estate transfer tax?
No, Arizona's Constitution bars the state, counties, cities and other taxing districts from adding any new tax or fee on the sale or transfer of real property. The ban covers anything that was not already in place at the end of 2007. A county recorder fee is still charged when a deed is recorded, and your title company will list it on your closing statement.

Is there a limit on property taxes for a primary home in Arizona?
Yes, for an owner-occupied home, primary property taxes cannot exceed 1% of the home's limited property value. In most cases the limited value can rise no more than 5% a year, and it can never be higher than full cash value. Secondary taxes for bonds, budget overrides and special districts are billed separately. For more about costs, see our Phoenix cost of living page.

Buying or selling a $1M+ home? I'm Terry Day with DeLex Realty: 20+ years in Greater Phoenix, recent sales up to $2.7 million, and straight talk with no attitude.

See my recent higher-end sales · Read client reviews · Call 602-483-4665

Newest Luxury Homes in Phoenix ($1,500,000+)

$1,525,000

4 Beds ⋅ 3 Baths ⋅ 7104244 MLS ⋅ 2,788 SqFt.

A rare architectural blank canvas emerges in iconic Camelback Canyon Estates. Spanning over half an acre (22,020 SF), this premier homesite commands awe-inspiring sights of Camelback Mountain and the Praying Monk--primed for a dramatic custom reinvention or landmark ground-up estate. Extraordinary lot depth and deep setbacks create an exclusive sanctuary: envision towering walls of glass, a secluded courtyard entry, an entertainer's infinity pool and spa, and a detached luxury casita/ADU. The existing 2,788 SF single-level footprint features 4 beds, 3 baths, and a circular drive. Tucked in an enclave of just 107 residences between PV and Arcadia, moments from Echo Canyon. Renovate, reimagine, or build anew--claim your half-acre masterpiece in prime 85018.

4405 E Palo Verde Drive, Phoenix

$2,975,000

4 Beds ⋅ 5 Baths ⋅ 7104172 MLS ⋅ 4,436 SqFt.

Extraordinary privacy, dramatic mountain vistas, and captivating city-light views define this stunning contemporary residence in the prestigious guard-gated community of Biltmore Mountain Estates. Encompassing over 4,400 square feet, this recently updated home is beautifully nestled against the Phoenix Mountain Preserve, offering the rare sensation of living in a secluded desert retreat while remaining in the heart of the city. Thoughtfully designed for both gracious entertaining and comfortable everyday living, the residence features an expansive kitchen opening to a warm and inviting family room, complemented by elegant formal living and dining spaces and a wet bar. Generously proportioned bedrooms offer exceptional privacy, including an impressive guest suite with the potential to become a fully independent living space for extended family or guests. Outdoors, a private pool and the magnificent natural beauty of the surrounding mountains create an idyllic setting for relaxation. Imagine stepping outside your door for a morning hike through the Preserve, returning to enjoy the tranquility of your own private sanctuary. Just minutes from acclaimed dining, premier golf, upscale shopping, and Phoenix Sky Harbor International Airport, this exceptional residence delivers an increasingly rare luxury: the feeling of being worlds away, with everything you desire remarkably close at hand.

6622 N 31st Place, Phoenix

$2,295,555

4 Beds ⋅ 5 Baths ⋅ 7103964 MLS ⋅ 4,122 SqFt.

Experience elevated modern living in this exceptional Blue Sky Homes residence, where luxury design meets sustainable innovation. Offering 4 bedrooms, 4.5 baths, and 4,122 square feet of thoughtfully designed space, the home balances luxury with wellness. Achieving approximately 50 percent greater efficiency than typical new construction and certified by Energy Star and Indoor airPLUS, it features low VOC finishes, advanced insulation, and high performance HVAC systems that support cleaner air and year-round comfort. Soaring ceilings and expansive windows fill the interiors with natural light, creating a warm and open atmosphere. The sleek chef's kitchen anchors the home with custom cabinetry, premium finishes, and a spacious butler's pantry designed for both everyday living and...

1830 E Palmaire Avenue, Phoenix

5250 E Deer Valley Drive Unit 116, Phoenix

$2,340,000

3 Beds ⋅ 4 Baths ⋅ 7103936 MLS ⋅ 3,170 SqFt.

''The Luxe at Desert Ridge'' NEW BUILD HOME''MODERN LUXURY LIVING. NEW FLOOR PLAN, the D'Luxe 3170 SF & over 1100 SF patio for entertaining and outdoor living, built in BBQ and two sided fireplace on patio. The Luxe offers resort style living at its finest. Oversized Spacious condominium. This home is completed with luxury interior finishes, wolf and sub-zero appliances, walk-in pantry w/ extra fridge, wet bar off the dining with ice maker, sink and wine fridge. Comes with 3 assigned parking stalls & a 2 large storage units next to parking. Onsite amenities, beautiful Clubhouse with chef's kitchen, theatre room, private conference center, dining room for private dinner parties, lap pool/resort style pools, large fitness w/ top of line equipment, infra-red sauna, locker rooms & yoga studio

5250 E Deer Valley Drive Unit 116, Phoenix

$2,150,000

3 Beds ⋅ 3 Baths ⋅ 7103843 MLS ⋅ 3,315 SqFt.

Breathtaking views from this premium lot ! Open desert views to the west & city lights to the south.This home is situated on the end lot with nobody beside you to the North & nobody behind you - just open desert ! Enjoy your morning coffee or watch the sun go down with a glass of wine on the balcony of your primary bedroom . Watch AZ wildlife at play or the twinkling city lights. This two level 3 bedroom home boasts beautiful cherry wood floors,ample kitchen cabinets & storage space as well as a 3 car garage with built-in storage as well. A delightful easily managed backyard with flagstone patio & pebble play pool awaits your time off to relax and refresh. A guest suite on the main level makes having guests easy.The guard gated entrance keeps an eye on all traffic in & out .

6526 N 25th Way, Phoenix

$3,950,000

5 Beds ⋅ 7 Baths ⋅ 7103825 MLS ⋅ 4,936 SqFt.

Set on a half-acre in Arcadia Osborn, this home makes a welcoming first impression with warm stone, wood accents, and distinctive rooflines. Inside, the kitchen draws people together with rich wood detailing, warm metallic finishes, and beautifully integrated appliances. A separate prep kitchen gives you space to prepare everything from holiday dinners to poolside refreshments, with extra ovens, a sink, microwave, full-size refrigerator, and ice maker keeping the work of hosting behind the scenes. The primary suite offers a quieter kind of luxury: a spacious ensuite bath where a soaking tub enjoys beautiful views of Camelback Mountain. Four bedrooms and five-and-a-half baths in the main residence provide room to settle in, while an office and bonus room leave space for work, hobbies, and movie nights. An oversized three-car garage adds generous storage for the practical side of daily life. Outside, afternoons by the pool and spa can become relaxed evenings beneath the large covered patio, with the outdoor kitchen keeping dinner close to the conversation. A one-bedroom guest house, complete with its own one-car garage, gives visitors a comfortable place of their own and makes it easy to extend the invitation to stay.

4461 E Flower Street, Phoenix

$4,995,000

4 Beds ⋅ 6 Baths ⋅ 7103773 MLS ⋅ 4,800 SqFt.

Set on a nearly 20,000 SF lot in coveted Marion Estates, this exceptional new construction residence by Two Hawks Design & Development, with architecture by The Ranch Mine, offers refined luxury and stunning Camelback Mountain views. Spanning approximately 4,800 SF, the home features 4 bedrooms, 4.5 bathrooms, an additional outdoor pool half bath, private office, versatile flex space, and a 3-car garage. Sophisticated designer finishes, custom details, and exceptional craftsmanship define the interiors. A resort-style backyard features a pool, spa, and inviting entertaining spaces against the iconic Camelback Mountain backdrop. Ideally located within walking distance of The Global Ambassador, Steak 44, and The Village, offering exceptional dining, fitness, and lifestyle amenities.

5514 N Marion Way, Phoenix

$1,800,000

10 Beds ⋅ 10 Baths ⋅ 7103570 MLS

The D'art Apartments is a well-maintained 10-unit multifamily property in the heart of Downtown Phoenix. The property has been owned by the same family since its construction. The location puts residents within walking distance of Downtown Phoenix's restaurants, major employers, and entertainment venues, which supports steady tenant demand in one of the Valley's most active urban cores. The property has been consistently maintained under long-term ownership. It also offers investors an operational value-add opportunity through updated management practices, improved operating efficiencies, and alignment of rents with the surrounding market.

610 N 4th Avenue, Phoenix

$1,695,000

3 Beds ⋅ 3 Baths ⋅ 7103544 MLS ⋅ 2,607 SqFt.

Tucked beneath mature mesquites in coveted Biltmore Heights, this classic 3 bed 2.5 bath block ranch home blends warm, modern design with true indoor-outdoor living. An exposed aggregate path crosses artificial turf and clipped hedges to a private front courtyard. Inside, the open floor plan is made for hosting. The chef's kitchen features a quartz island with seating for four, a farmhouse sink, brushed brass fixtures, a 6-burner Wolf range, a SubZero refrigerator, and a herringbone tile backsplash. Reclaimed hickory barn wood floors flow into the great room, where an industrial metal fireplace wall anchors the gathering space. Just off the great room, a front-facing office easily doubles as a guest room, studio, or playroom. The primary suite is a restful retreat, featuring a backlit ceiling, dual walk-in closets, a resort-style bathroom, and direct access to the back patio. Outside, a sparkling pool with natural stone coping is surrounded by mature landscaping and a towering palm. A vine-covered pergola shades the patio and built-in BBQ kitchen, complete with grill, bar seating, and TV. Multiple French and sliding doors connect the home to the patio for seamless entertaining. Minutes from Biltmore Fashion Park, top dining, and the Arizona Canal, this is a rare Biltmore Heights offering.

5208 N 33rd Street, Phoenix

$1,800,000

17 Beds ⋅ 9 Baths ⋅ 7103532 MLS

Earll Palms is a fully renovated, 9-unit* multifamily community ideally situated in the heart of Central Phoenix. The property features an attractive unit mix consisting almost entirely of spacious two-bedroom floorplans, appealing to residents seeking additional living space in a highly accessible urban location. Extensive renovations have transformed the community with contemporary cabinetry, stainless steel appliances, upgraded countertops, and wood-style flooring. Strategically located just half a mile from Phoenix's Innovation Employment Corridor, Earll Palms benefits from proximity to a major concentration of healthcare, education, research, and technology-related employment. *Unit ''A'' is not permitted

402 W Earll Drive, Phoenix

$2,495,000

4 Beds ⋅ 5 Baths ⋅ 7103173 MLS ⋅ 4,235 SqFt.

A rare and sensational opportunity to reimagine or rebuild on the coveted south side of Camelback Mountain. Breathtaking Arizona sunsets and unobstructed city light views create an extraordinary backdrop for your future home. Transform the existing 4235 sq ft residence with a thoughtful remodel or bring your vision to life with a custom build on nearly 1.1 acres in this exceptional setting. In the heart of the city, enjoy proximity to world-class shopping and dining, with Phoenix Sky Harbor International Airport less than 15 minutes away.

5323 E Wonderview Road, Phoenix

$1,800,000

4 Beds ⋅ 4 Baths ⋅ 7103158 MLS ⋅ 3,730 SqFt.

Your new home offers the rare combination of sophisticated luxury, exceptional horse facilities, and a premier North Phoenix location near Paradise Valley and Scottsdale without the high taxes. Situated on 1.122 acres in Paradise Ranchitos, this beautifully renovated 3,730-square-foot estate delivers elegance, privacy, and room to live the lifestyle you love. Step inside to soaring ceilings, abundant natural light, exquisite high-end finishes, and expansive living spaces designed to impress. Your stunning kitchen is an entertainer's dream, while a dramatic two-way fireplace serves as an architectural centerpiece. Featuring 4 spacious bedrooms, 4 bathrooms, and two luxurious primary suites with private ensuites, the thoughtfully designed split floor plan offers exceptional flexibility for guests, multigenerational living, or extended stays. Outside, your private resort awaits! Relax beside the sparkling pool, entertain under the covered patio, or enjoy peaceful views of your equestrian retreat. Horse lovers will appreciate the impressive barn with 6 stalls, a round pen, dedicated tack and feed room, and fenced horse areas. With ample room for trailers, RVs, and equipment, this property is designed for both convenience and functionality. A circular driveway, oversized detached garage, no HOA, and desirable county island setting add to the appeal. Enjoy the freedom of country-style living without sacrificing city conveniences! Just minutes from upscale shopping, exceptional dining, golf, entertainment, and the vibrant Scottsdale and Paradise Valley lifestyle. Luxury for you. A home for your horses. An extraordinary lifestyle for both.

16424 N 44th Street, Phoenix

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Luxury Homes for Sale in Phoenix, Arizona

Buying at Higher Price Points

Before You Buy

Phoenix luxury homes: questions people ask

Newest Luxury Homes in Phoenix ($1,500,000+)

How much is your home worth?

How much is your home worth?