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5 Most Expensive Neighborhoods in Metro Phoenix

A high-end Silverleaf home comes complete with breathtaking views of North Scottsdale.
A high-end Silverleaf home comes complete with breathtaking views of North Scottsdale.
Katie Johnson

Because you never know when you might buy the winning lotto ticket or strike oil in your own backyard, Jackalope Ranch has put together a list of the five most expensive neighborhoods in metro Phoenix. To assemble this list of costly communities, we looked at neighborhoods with the highest average price of listed homes. Not surprisingly, the majority of high-dollar homes resided in the Scottsdale and Paradise Valley areas.

See also: 5 Up-and-Coming Phoenix Neighborhoods

Jokake Camelback properties are located roughly between McDonald and Jackrabbit roads, Yucca and Invergordon roads.
Jokake Camelback properties are located roughly between McDonald and Jackrabbit roads, Yucca and Invergordon roads.
Katie Johnson

Jokake Camelback Properties Between McDonald and Jackrabbit roads, Invergordon and Yucca roads Average price of homes listed: $11,350,000

The Jokake Camelback subdivision of Paradise Valley is a hidden gem of mini mansions concealed in tall hedges and security gates that don't mess around. The properties boast large lot sizes and close proximity to resorts like the Sanctuary and Camelback Inn as well as Scottsdale Fashion Square and Camelback Mountain. Houses currently listed in this area range between $8,950,000 and $13,750,000.



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