The Town of Paradise Valley is recognized as one of the top 20 most affluent communities in the country. The Silver Sky luxury community will be 12-luxury homes with construction anticipated to start in June of 2023.
Paradise Valley Town Council unanimously approved the Silver Sky Luxury Community.
The homes will start at $11 million with living space ranging from 7,500 square feet to around 14,000 square feet and the lot sizes will range from 1 to 1.5 acres. Each home will have its own work out space, indoor/outdoor living spaces as well as oversized garages.
The luxury community will be located in the area of Mockingbird LN and Invergordon RD which is a short distance from Scottsdale’s Old Town, Fashion Square Mall and countless restaurants, bars, and retail for all ages to enjoy.
Currently, home inventory in Paradise Valley is low, and is struggling to keep up with demand so the new Silver Sky luxury community will help in pursuit of keeping up with buyer demand.
According to the Arizona MLS, there are currently 6 active listings ranging in price from $3,795,000 to $9,900,000. The luxury market continues to perform well and is considered quite strong.
If you are in the market to sell or buy a home whether luxury or non-luxury and need professional assistance, leave a comment below or fill out our contact form or call us at 520-240-3560 and we will get back to you to answer any questions you may have.