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.

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

$1,600,000
3 Beds ⋅ 3 Baths ⋅ 7084845 MLS ⋅ 2,865 SqFt.
Set on five acres, this exceptional horse property combines a beautifully renovated home with an impressive equestrian setup. A tree-lined, gated paver driveway creates a memorable arrival, passing two of the property's four arenas before reaching the residence. Equestrian amenities include 16 horse stalls and four arenas, while a private well with two 5,000 gallon storage tanks adds to the property's appeal. Extensively renovated in 2016, this 2,865 SF home offers three bedrooms, a dedicated office and multiple living spaces, including living and dining areas, a breakfast nook and spacious family room. Vaulted ceilings in both the living and family rooms showcase beautiful tongue-and-groove wood ceilings and exposed beams, while two wood burning stone fireplaces bring warmth and character to the spaces. Travertine stone flooring runs throughout the main living areas, with carpet in the bedrooms, complemented by solid alder interior doors and custom cabinetry throughout. With five acres, impressive horse facilities and a beautifully updated home, this property offers plenty of room to live, entertain and enjoy the Arizona lifestyle. Welcome Home!

1440 W Irvine Road, Phoenix
$1,700,000
4 Beds ⋅ 3 Baths ⋅ 7084558 MLS ⋅ 2,490 SqFt.
Resort-style Arcadia living with no HOA, in the Hopi Elementary School district! Outside, enjoy a heated pool and spa (updated 2021), newly expanded turf, and a covered patio with misters and a built-in BBQ. Inside, this freshly painted 2017 Ventana custom build offers 2,490 sq ft with 4 bedrooms and 3 baths, including a main-level primary suite and a front bedroom that works as an office or guest room, plus an upstairs loft. The kitchen pairs soapstone counters and custom cabinets with a marble-topped island crafted from reclaimed wood. Wood floors, plantation shutters, and a gas fireplace in the great room add warmth throughout. Minutes to Camelback Mountain, Steak 44, The Henry, AJ's, Buck & Rider, The Global Ambassador, and Sky Harbor Airport.

4506 E Montecito Avenue, Phoenix
$2,149,000
6 Beds ⋅ 5 Baths ⋅ 7084088 MLS ⋅ 5,536 SqFt.
Welcome to this spacious custom-built home in the highly sought-after Ahwatukee Custom Estates, situated on a premium oversized lot near South Mountain hiking trails. Originally built in 1990, this unique two-story home with a full basement has been extensively renovated and updated for 2026. Recent improvements include a new roof, updated flooring, paint and drywall texture, select windows, a highly updated minimalist modern kitchen, renovated bathrooms and fixtures, new water heater, and updated garage door equipment with camera. Updated pool equipment features Bluetooth connectivity. Enjoy a private pool, expansive covered patio, oversized 3-car garage, rear RV gate, and a flexible basement with additional bedrooms, bonus rooms, storage, and separate entrance.

3307 E Coconino Street, Phoenix
$2,134,995
4 Beds ⋅ 4 Baths ⋅ 7084010 MLS ⋅ 3,283 SqFt.
No HOA, panoramic Camelback views, 144-bottle temp-controlled wine case, private pool + putting green. A primary suite, full-size laundry, and soaring 12 ft ceilings on BOTH levels for double the convenience and comfort. Chef's kitchen with gas range, double waterfall quartz island, statement lighting, and adjoining wet bar for ultimate dinner parties. Dining exists at the heart of the home, flooded with natural light and designed for connection. Upstairs are three guest ensuites and a flexible sunlit loft you can easily convert into a private office/den or fifth bedroom. Both primary suites include spacious walk-in closets and separate exterior access. Upstairs, walk directly onto your 921 square foot rooftop deck to bask in sweeping mountain, desert, sunrise/sunset and city lights views. Built in 2025 in the heart of Arcadia, 44th Place has an 84/100 Walk Score (very walkable!), just steps away from local dining and nightlife, shopping, biking, and hiking trails. Enjoy year-round indoor-outdoor Arizona living in the heart of one of Phoenix's most popular neighborhoods. This is a true turnkey home with low-maintenance landscaping and plenty of room to relax and play.

4120 N 44th Place, Phoenix
$1,775,000
4 Beds ⋅ 3 Baths ⋅ 7083838 MLS ⋅ 4,213 SqFt.
Experience desert living in this one-of-a-kind CUSTOM home on an elevated lot in desirable Lookout Mountain. Enjoy panoramic mountain & city views and spacious living areas. This expressive architectural masterpiece has vaulted wood-beam ceilings, abundant natural lighting, flagstone & wood flooring, a private upstairs primary featuring 2 walk-in closets, remodeled bath, fireplace & balcony. Other features include a separate fitness room with steam shower & equipment that conveys, Pebble Tec play pool & spa, courtyard, covered patios, oversized 3-car garage, RV gates, slab parking, formal dining and living areas, complete roof replacement with new tiles (2023). This luxury home is moments from Mountain Preserve trails, Moon Valley, and close to shopping, dining and freeway access.

1121 E Country Gables Drive, Phoenix
$1,800,000
3 Beds ⋅ 4 Baths ⋅ 7083771 MLS ⋅ 3,010 SqFt.
This beauty has a 1.1 acre lot that can be split 2 more times ! Your dream home is finally within reach! This gorgeous hilltop property nestled on an expansive 1.1-acre lot has been completely rebuilt! Enjoy dazzling city light views and breathtaking mountain vistas. Be welcomed by an extensive driveway and a 2-car garage. Inside, you'll find a captivating living room with soaring ceilings, recessed lighting, abundant natural light, and wood-look flooring. Everything is brand new! The stunning chef's kitchen showcases quartz counters, crisp white shaker cabinetry w/crown moulding, high-end SS appliances, pendant lighting, a pantry, and an island w/breakfast bar. The luxurious primary bedroom has balcony access, soft carpeting, a lavish ensuite w/double sinks More... raindrop shower, soaking tub for ultimate relaxation, and walk-in closet. The den provides a versatile space for work or play. You'll also find a guest suite with separate access, offering potential to host loved ones or as a rental opportunity. Spend enchanting evenings on the balcony or on the spacious paver patio.

1402 E Las Palmaritas Drive, Phoenix
$1,950,000
4 Beds ⋅ 4 Baths ⋅ 7083626 MLS ⋅ 4,014 SqFt.
Set on an oversized corner lot in West Ocotillo, a distinctive cul-de-sac neighborhood within the 7's, this extensively redeveloped North Central residence combines classic ranch architecture with a fresh, highly individual interior. Rebuilt from the inside out in 2017, major improvements included electrical, plumbing, sewer lines, HVAC, kitchen, baths and more. Inside, natural wood flooring grounds bright, open living spaces highlighted by skylights, dramatic vaulted and beamed ceilings reaching up to 16 feet, a white brick fireplace and custom built-in storage. The expansive kitchen makes a statement with a substantial waterfall island, generous cabinetry, open shelving and a strong connection to the main living areas and backyard. The primary bath features an expansive open wet-room design with a freestanding soaking tub, glass shower, floor-to-ceiling tile, penny-tile flooring, skylights and extensive built-in cabinetry. More than 4,000 square feet includes the main residence plus a detached 709-square-foot guest house, offering excellent flexibility for guests, work or extended stays. The nearly 16,000-square-foot lot is equally compelling, with a pool, expansive covered outdoor living area, built-in kitchen and bar seating, artificial turf and putting green--creating a backyard designed to actually be used. West Ocotillo brings together larger lots, interesting architecture and the kind of neighborhood character that makes living within the 7's so appealing.

319 W Ocotillo Road, Phoenix
$2,700,000
24 Beds ⋅ 24 Baths ⋅ 7083167 MLS
Interior improvements include upgraded flooring, cabinetry, doors, windows, countertops, and in-unit washers and dryers, creating a modernized living environment throughout the property. Ownership has also completed substantial exterior and common-area improvements, including a new swimming pool, new roofs, refreshed landscaping, and a fully redone parking lot. Together, these upgrades materially enhance the property's competitive positioning while reducing near-term capital expenditure requirements for new ownership.

4233 N Longview Avenue, Phoenix
$2,500,000
5 Beds ⋅ 6 Baths ⋅ 7083010 MLS ⋅ 3,952 SqFt.
Modern luxury meets everyday comfort in this newly built two-story Arcadia home featuring 4 bedrooms, 5 bathrooms, plus an office, all thoughtfully designed for seamless indoor-outdoor living. Crafted for effortless entertaining, expansive windows and oversized sliding doors fill the home with natural light, highlighting white oak flooring, designer lighting, and elevated finishes throughout. The open-concept family room with fireplace flows seamlessly into the dining area and chef's kitchen, creating the perfect central gathering space. Designed with both style and function in mind, the kitchen features stainless steel appliances, dual islands, custom storage, and direct access to the backyard. The private primary suite offers a true retreat with a custom walk-in closet, dual vanities, freestanding soaking tub, oversized shower, enclosed toilet, and direct backyard access. A split floor plan provides ensuite guest bedrooms for added privacy and comfort, while the upstairs bonus room with balcony offers flexible space for a playroom, game room, gym, or additional lounge. Designed for year-round Arizona living, the backyard features a heated pool and spa, covered outdoor kitchen with BBQ, outdoor fireplace, full pool bath, and playground area. Ideally located in the heart of Arcadia, just minutes from Old Town Scottsdale and within walking or biking distance to local favorites including LGO and Postino, this exceptional home offers convenient access to premier dining, luxury shopping, golf, and resorts.

3821 E Whitton Avenue, Phoenix
$3,995,000
4 Beds ⋅ 4 Baths ⋅ 7082551 MLS ⋅ 3,829 SqFt.
Beautifully reimagined from the ground up, this Arcadia Proper residence feels fresh, serene and effortlessly livable. Inside, natural textures, clean lines, and an organic aesthetic cultivate a deeply calming atmosphere. Light-filled interiors open to a stunning chef's kitchen with waterfall island and Café appliances, while warm finishes and thoughtful design carry throughout. Accordion glass doors slide open inviting you outside to a private resort-style setting with a new heated pool and spa, built-in BBQ, lush landscaping and mountain views. A detached, climate-controlled casita offers the perfect space for guests, an office or studio. With 3,829 total sq ft, a 4-car tandem garage and virtually every element renewed, this is modern Arcadia living at its best.

4643 E Calle Del Medio --, Phoenix
$2,400,000
4 Beds ⋅ 3 Baths ⋅ 7082373 MLS ⋅ 3,100 SqFt.
Ideally located between Exeter and Lafayette Boulevard, this classic 4-bedroom, 3-bath home offers nearly half an acre in the heart of Arcadia Proper. Timeless in its current form, the existing residence offers a wonderful foundation for a thoughtful renovation to elevate the existing home or envision and build a custom estate from the ground up. With its generous lot, desirable location, and endless possibilities, this property offers the opportunity to bring your own vision to one of Arcadia's most sought-after neighborhoods. Enjoy the best of Arcadia living, just minutes from Old Town Scottsdale's renowned dining, shopping, entertainment, and vibrant lifestyle.

5555 E Monterosa Street, Phoenix
$2,400,000
7082147 MLS ⋅ 3,678 SqFt.
Prime Commerical Opportunity: Historic Restaurant Property in the heart of 85040 with decades of local Goodwill. An exceptional opportunity awaits an ambitious restauranteur or investor at this establishment culinary landmark. Versatile floor plan, flexible space easly adapts to various commerical uses. Average of 18,000-20,000 vehicles driving through per day.

5222 S Central Avenue, Phoenix
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