Few cities anywhere are adding wealth as quickly as Scottsdale. According to Henley & Partners, the number of millionaires living in Scottsdale grew 125% from 2014 to 2024, second only to Shenzhen, China, worldwide. Old Town is the walkable core, with luxury condominiums and townhomes near dining, galleries, and Scottsdale Fashion Square. McCormick Ranch and Gainey Ranch are established neighborhoods close to everything, and in the north, Silverleaf, DC Ranch, and Desert Mountain offer golf, larger lots, and views of the McDowell Mountains.
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1. Which areas suit luxury buyers?
Old Town for walkable condos, townhomes, and lock-and-leave living; McCormick Ranch and Gainey Ranch for established central neighborhoods; Silverleaf, DC Ranch, and Desert Mountain for gated golf communities.
2. What is it like to live in Old Town?
Old Town is Scottsdale's most walkable neighborhood, with restaurants, galleries, the Scottsdale Waterfront, and Fashion Square within a few blocks. Many buyers here are part-time residents who want a residence they can close up between visits.
3. How does Scottsdale compare with Paradise Valley?
Paradise Valley is almost entirely large-lot estates with no commercial center. Scottsdale covers a wider range, from lock-and-leave residences in Old Town to golf estates in the north, with more amenities close to home.
4. Which schools serve Scottsdale?
Scottsdale Unified serves most of the city. Some northern areas fall in other districts, so confirm by address.
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