Homes for sale in Phoenix have a median list price of $475,000, but luxury homes can be listed for much more. Here are the five most expensive homes for sale in Phoenix right now, according to an analysis from Redfin.
1. 5500 N. Dromedary Rd.
Price: $24,000,000
Details: 1 bed, 2.5 baths, 4,641 square feet
Iconic Camelback Mountain estate: Perched on the slopes of the iconic Camelback Mountain, this extraordinary 23.66-acre estate represents one of the last and most significant buildable properties on the mountain. Offering more than 180 degrees of sweeping valley views—with Camelback’s dramatic cliffs rising behind—the property is known throughout the community as the celebrated ”Merry Christmas House. ” Cherished by the same family for decades, it now awaits its next remarkable chapter. The existing 4,661-square-foot residence, originally built in the 1950s, reflects the timeless influence of Frank Lloyd Wright. Organic architecture, expansive glass walls, stone accents, and a seamless blend of indoor and outdoor living create a tranquil private sanctuary that feels both grounded in the landscape and elevated above the city lights. Beyond its architectural legacy, the property’s 23.66 acres offer exceptional potential for future development, including the opportunity to subdivide into up to four parcels. Whether envisioning a family compound, multiple luxury estates, or reimagining the existing residence, the possibilities are unparalleled. Conceptual floorplan and site plan designs by renowned architect Mark Candelaria are also available to inspire your vision. Privately gated and surrounded by natural desert beauty, this estate combines unmatched privacy, panoramic vistas, and rare development flexibility all just minutes from the heart of the city. Whether preserved, expanded, or completely transformed, this is a truly once-in-a-lifetime chance to own a piece of Arizona history on one of its most iconic mountain peaks.
2. 7256 N 40th St #6
Price: $22,500,000
Details: 5 beds, 6 baths, 10,170 square feet
About this home: Discover the Amber residence in Crown Canyon, Arizona’s most exclusive gated community. Nestled into the canyon while spanning a desert wash, this home embraces towering canyon boulders with breathtaking views of Camelback Mountain from its core living spaces. Inspired by the surrounding mountain preserve, Amber’s dramatic rooflines and striking design create a seamless harmony with the desert. Three floating glass bridges connect the primary suite, while oversized windows and expansive pocket doors open the home to the pristine beauty of the desert, elevating the indoor-outdoor living experience. Ancient saguaros line the entrance, creating a majestic arrival to this timeless retreat. Designed and built with quality and precision, the Amber Residence offers an extraordinary living experience unlike any other. Crown Canyon is a secluded and untouched 30-acre enclave in the prestigious community of Paradise Valley. Nestled within a breathtaking mountain preserve, this is home to 12 exceptional luxury residences. Meticulously designed by renowned architects, these one-of-a-kind homes embrace the natural beauty of the surroundings, maximizing the captivating views and unique topography of each homesite. Experience tranquility, seclusion, and utmost security within this gated haven, ensuring unparalleled peace of mind just minutes from town.
READ MORE: Here’s why the Arizona economy is poised to accelerate
LOCAL NEWS: Want more stories like this? Get our free newsletter here
3. 5002 E Valle Vista Way
Price: $15,995,000
Details: 5 beds, 6 baths, 10,170 square feet
About this home: The impressive double volume entrance welcomes you with imposing mountain, golf and city light views amplified by expansive towering glass walls and disappearing doors marrying the outdoors, with-in. The infinity edge pool spans the length of half the home, which makes entertaining in any one of the grand style Great room/ TV/ games room or formal dining room (all with stacked stonewalls and tongue-in-groove ceilings) a mesmerizing sight overlooking the pool outward to 360 views of the valley. The outdoor patio with full kitchen is especially alluring thanks to Flat screen TV, Gorgeous Fireplace, conversation island with magnificent views of the distant mountains. A commercial grade elevator connects the home’s two stories. The Designer Kitchen features custom wood paneled floor-to-ceiling cabinetry and extremely rare Crystallo Quartzite lit backdrop which houses an invisible TV and Subzero/WOLF appliances complemented by a 12.5-foot Crystallo Quartzite island and butler’s pantry with fully plumbed Miele coffee maker. The Primary Suite has a double vanity bathroom, counter-to-ceiling mirrors, magnificent walk-in shower, stand alone tub, 2 separate toilet rooms, dual closets, custom built infrared sauna and steam shower all with underfloor heating that opens onto private owner’s patio with secluded fire-lit jacuzzi and synthetic turf.
4. 5802 E. Cholla Lane
Price: $14,000,000
Details: 4 beds, 5 baths, 9,500 square feet
About this home: On four acres, majestically nestled on the highest point of Camelback Mountain. Designed by renowned architect Ken Hutchinson, the house is a sculpted piece of art, with walls following radius points of soft curvatures, some with a flowing ribbon effect. Eyes are drawn to an intricate, voluminous domed ceiling with groin vaults and an expansive 40-ft. radius wall of glass with unobstructed views towards the McDowell and Four Peaks Mountains and sparkling city lights. Boulder outcroppings have been thoughtfully incorporated into the architectural design, creating a striking visual statement. A cantilevered, 52-ft. mosaic-tiled pool and spa, an outdoor kitchen and sauna are the destination point for an unparalleled luxurious outdoor lifestyle. The split primary bedroom features a private upper upper deck view patio with an entertainment center and another fireplace, dual baths and highly finished walk-in closets. Guest bedrooms enjoy a secondary family room opening to a view patio. This sculpted piece of art offers a truly remarkable living experience. Only the 2nd offering of this precious, iconic property, at the zenith of Camelback Mountain.
5. 4949 E. Red Rock Dr.
Price: $13,500,000
Details: 4 beds, 7 baths, 9,084 square feet
About this home: Come experience this breathtaking hillside home. Red Rocks of Camelback provide a backdrop for the extraordinary architecture with elements that blend beautifully into the scenery and elements that provide exceptional juxtaposition with contemporary flair. Views are panoramic, and luxury finishes and furnishings are over the top. Just a few of the incredible features include the infinity edge pool, cantilevered guest house, in-house bar with frozen rail, game room with red rock climbing wall, rooftop seating and fire features, tiered putting greens and several massive waterfalls. Epic is just the beginning.
