It’s crucial to understand the characteristics that describe luxury homes for sale in Arizona before you purchase. A high “price tag” alone won’t put a property within the “luxury” category. A luxury home has to be unique, as wealthy Investors, are only willing to pay a premium for something which’s truly exceptional.
Additionally, luxury home buyers desire luxury homes with access to luxury activities like high-end shopping and dining, the arts, in addition to proximity to some other luxury houses & neighborhoods. A traditionally viewed luxury location such as Pinnacle Peak, Grey Hawk, Fountain Hills, or Paradise Valley, also adds intrinsic value due to the location alone.
Many luxury home buyers looking in Arizona also seek out the natural beauty of the dessert landscape, while others desire lush green lawns or mountainside views. They want many of the same features that all home buyers desire, but on a grander and/or finer scale … for which, they are willing to pay a premium.
Most also need privacy and security, occasionally even to the point of seclusion. They want beauty & luxury both inside and out, and are willing to invest in custom design, custom interior design, masterful attention to detail, and opulent finishes.