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Apr 16, 2015, 11:49am MST Tim Gallen Digital Producer-Phoenix Business Journal
There are some streets in Phoenix where it will cost you a pretty penny to live.
Zillow released this week an analysis of the most expensive streets to live on across the country, including the nine priciest streets in greater Phoenix.
These are the streets where your income needs to be a lot closer to Wall Street than Main Street.
It’s not at all surprising that the priciest street to live on in metro Phoenix is in Paradise Valley.
At $10.8 million, Cameldale Way in Paradise Valley boasts the highest median home value in the Valley, making it the most expensive street to live on in the region.
That’s eye-popping for sure. But it still pales in comparison to the priciest street in America. That distinction, according to Zillow, goes to Indian Creek Island Road in Florida, where the median home value is $21.48 million.
Interestingly, all the priciest street names Zillow analyzed were names rather than numbers. The reasoning behind this, according to Zillow, is, in general, the most valuable street names describe something about a home’s location.
Frankly, I’m not sure what’s so telling about Cameldale Way. But then again, my net worth doesn’t begin to approach the levels of those in Paradise Valley who call the street home.
For the priciest streets in America, check out Zillow’s blog post.
The nine priciest streets across Phoenix are listed below:
Street name / Median home value
Cameldale Way / $10,834,260
Mummy Mountain Road / $4,222,173
El Maro Circle / $3,863,025
ng Mountain Way / $3,778,723
Lost Canyon Drive / $3,562,077
Madera Drive / $3,293,834
Nauni Valley Drive / $3,134,242
Wilkinson Road / $2,997,746
Distant Hills Drive / $2,913,019
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I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years. I am also a commercial land specialist in Phoenix and a Landspecialist in Arizona. If you have any questions about Commercial / Investment Properties in Phoenix or Commercial / Investment Properties in Arizona, I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us.
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Walter Unger CCIM
Associate Broker, West USA Commercial Real Estate Advisers
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Scottsdale, AZ 85254
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