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Demand for Scottsdale Luxury Rentals

Posted by Kelly on January 4, 2018
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Demand for scottsdale luxury_luxury properties property management

The Demand for Scottsdale Luxury Rentals

Scottsdale has a world-renowned reputation for luxury. And it also covers a much greater geographical area than most realize. Each Scottsdale community — North Scottsdale, Central Scottsdale and Old Town Scottsdale — offers a unique luxury lifestyle all its own. With 9 million visitors each year, Scottsdale luxury rentals do quite well for many reasons.

North Scottsdale Highlights

  • Exclusive neighborhoods like Silverleaf, Estancia, Desert Mountain, Mirabel, Grayhawk, DC Ranch, Troon North and more
  • Sprawling estates tucked into the mountains with elevations reaching more than 4,000 feet
  • A boutique airport ideal for private jets & luxury travel
  • Spectacular mountainscapes: Pinnacle Peak, Tom’s Thumb, the McDowell Mountains
  • White-glove events like the Barrett-Jackson classic car auction and PGA TOUR’s Waste Management Phoenix Open
  • World-renowned golf courses, including Tom Weiscopf-designed Silverleaf golf course and TPC Scottsdale (Stadium Course known for its PGA TOUR tournament)
  • Taliesin West, an architectural masterpiece in the desert from icon Frank Lloyd Wright
  • Some of the world’s best spas, like the Spa at the Four Seasons Resort Scottsdale and the Well & Being Spa at the Fairmont Scottsdale Princess
  • Market Street at DC Ranch features high-end steakhouses, wine bars, boutique shops and more

North Scottsdale Luxury Rentals & Real Estate Market

The elevation is higher in North Scottsdale, giving rise to some of the most incredible unobstructed views in the Valley. There’s thousands of acres of pristine Sonoran Desert landscapes, stunning mountain peaks, diverse wildlife, bright green golf courses, and sparkling city lights as far as the eye can see.

It’s the perfect backdrop for the private golf and luxury communities found in this area. Custom homes, master-planned estates, European-style manors, and other high-end properties round out the luxury real estate landscape in North Scottsdale. And its real estate is known to hold some of the highest appreciation values.

 north Scottsdale Luxury Rentals

Central Scottsdale Highlights

  • High-end neighborhoods of McCormick Ranch, Gainey Ranch, Paradise Valley Farms, and more
  • Lakefront lots offered in areas like Lake Palo Viento & Lake Marguerite in McCormick Ranch
  • The newest luxury resorts, like Andaz Scottsdale Resort & Spa and Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch
  • Award-winning restaurants like Roka Akor and Ruth’s Chris Steak House
  • Nearby entertainment at Talking Stick Resort & Golf Club and other amenities, like TopGolf high-tech driving range & lounge
  • Some of the most exclusive golf clubs: Camelback Golf Club, McCormick Ranch Golf Club and Gainey Ranch Golf Club

Central Scottsdale Luxury Rentals  & Real Estate Market

Central Scottsdale has been rooted in luxury for nearly half a century. McCormick Ranch, for instance, is known as one of Scottsdale’s first luxury communities. Luxury rentals have always been a strong investment here.

As the name suggests, Central Scottsdale is perfectly placed between North Scottsdale luxury and Old Town Scottsdale hot spots. This means Central Scottsdale has the best of both worlds. Its exact borders may differ depending on who you talk to. In general, the Central Scottsdale corridor is considered south of Frank Lloyd Wright blvd and reaching all the way down to Chaparral Road, between Scottsdale Road and the 101.

The area is lush and luxurious. There’s miles of tree-lined greenbelt and multi-use paths. Camelback Mountain views. Exclusive golf courses. Sparkling lakes and waterfront lots. Private resort-like landscapes. Mediterranean architecture and much, much more.

Central Scottsdale Luxury Rentals  Real Estate Market

Old Town Scottsdale Highlights

  • Optima Camelview, an architectural masterpiece featuring floor-to-ceiling windows
  • High-end shopping at Fashion Square Mall – Neiman Marcus & more – and the Fifth Avenue Shopping District
  • Award-winning restaurants like FnB Restaurant, Olive and Ivy, Roaring Fork, and Mastro’s City Hall
  • Hundreds of nightlife options, art galleries and entertainment venues
  • Scottsdale Arts District, Scottsdale Museum of Contemporary Art, seasonal art walks
  • Everything from luxury resorts and spas, like W Scottsdale, to the intimate high-end accommodations at Bespoke Inn
  • Minutes from other high-end hot spots like Arcadia, Paradise Valley, Biltmore and easily accessible to downtown Phoenix

Old Town Scottsdale Luxury Rentals & Real Estate Market

Old Town Scottsdale is a bustling downtown and world-renowned destination. While its history dates back to the late 1800s, there’s nothing “old” about Old Town. The upscale area only gets the latest and greatest. The best restaurant concepts from James Beard-nominated chefs. Trendy loft-style condos and high-end spaces that take advantage of indoor-outdoor living and extraordinary views. One direction may offer views of the city lights; another may overlook the Arizona canal and Camelback Mountain. Old Town Scottsdale is truly in the middle of it all.

Real estate is modern, sleek, upscale to match the surrounding luxury amenities. It’s walking distance to fine art, dining and sporting events, making luxury rentals enormously popular and a highly rewarding investment.

The Mackey Martin Group specializes in luxury real estate and Scottsdale luxury rentals. For more value and return on your real estate investment in North Scottsdale, Central Scottsdale & Old Town Scottsdale, learn more about our luxury property management services.