Million-Dollar Luxury Homes Booming

West Valley could catch east side in upscale market...

The Arizona Republic West Valley reports that high-dollar housing is booming in the West Valley, and experts say the upscale market is on track to rival North Scottsdale, Pinnacle Peak and Paradise Valley's luxury homes.

In Arrowhead Lakes, million-dollar homes have filled up most of the lots over the past five years. High-end housing is spreading along the 83rd Ave. corridor and out to Peoria at Vistancia and the Quintero Golf & Country Club. Some lots in Quintero's first phase went for as much as $1 million. R.L. Brown states that West Valley executive housing is in its infancy but estimates that in three decades the area will hit capacity in high-end mansions, thanks to spillover from the East Valley. "Thirty years from today, someone will be looking out at Wickenburg, and it'd be like they were standing out at Carefree," Brown said. More...