
With its stunning blend of contemporary style and desert tranquility, Arizona’s luxury real estate market is a sight to behold. Tucked into the dramatic landscapes of Paradise Valley, Scottsdale, and beyond, these multimillion-dollar estates boast infinity pools that blend into the horizon, sprawling outdoor oases, and floor-to-ceiling windows framing fiery sunsets. Whether perched on a mountainside or nestled within an exclusive golf community, these homes redefine high-end desert living with cutting-edge design and world-class amenities.
Hereโs a look at the five most spectacular and costly homes in the Grand Canyon State.
5. Sedona, AZ โ $18,500,000

Eagle Mountain Ranch in Sedona, Arizona, has includes 3 bedrooms and 4 bathrooms across 4,780 square feet on 57+ acres. Valued at $18,500,000, the Tuscan-style villa, built in 2006 and remodeled in 2015, features Venetian plaster finishes, hand-distressed mesquite cabinetry, a gourmet kitchen with high-end appliances, and a master suite with a coffee bar and in-ground Jacuzzi tub. The estate has 1,700 feet of Oak Creek frontage, a private vineyard, apple and stone fruit orchards, two historic guest homes, a barn, and multiple red rock storage buildings. Amenities include a gated motor court, a four-car climate-controlled garage, a 23KW solar power system, a 48KW backup generator, a pond with a dock, a six-acre meadow, and a creekside party area with a fire pit and volleyball court. Most of the acreage is zoned agricultural, providing significant tax savings.
Where is Sedona?

Sedona, Arizona, is a breathtaking desert escape known for its stunning red rock formations, vibrant arts scene, and spiritual energy. Surrounded by towering sandstone cliffs, itโs a paradise for outdoor lovers, offering world-class hiking, mountain biking, and Jeep tours through the rugged terrain. The town is also famous for its vortex sitesโbelieved to radiate healing energyโdrawing visitors seeking relaxation and renewal. Beyond nature, Sedona boasts charming art galleries, unique boutiques, and upscale dining with panoramic views. Whether you’re catching a fiery sunset at Cathedral Rock or unwinding at a luxury spa, Sedona is a place of beauty, adventure, and tranquility.
Living Room

A huge stone fireplace with a wooden surround and built-in space for log storage is located in the living room. Exposed wooden ceiling beams and dark tile flooring enhance the rustic feel. Leather sofas with cowhide accents are arranged around a wooden coffee table. Large glass doors open to an outdoor patio with lush greenery in the background.
Dining Room

Along with exposed wood beams and stone walls, the dining room features a long wooden table accompanied by high-backed upholstered chairs. A wrought iron chandelier hangs above the table, casting warm light. A built-in wine storage area with glass doors is integrated into the stone wall. Large arched windows provide natural light and a view of the surrounding landscape.
Home Office

There are built-in bookcases made of dark wood, a big desk made of wood, and a textured, arched ceiling in this home office. A window with wood trim allows natural light to filter in. Decorative double doors with intricate carvings add character to the space. An open archway leads to an adjacent room, maintaining the homeโs cohesive design.
Bedroom

Dark wood flooring, textured plaster walls, and exposed wooden beams complete this bedroom. A carved wooden bed with decorative pillows is placed between two windows with outdoor views. A small built-in fireplace with a curved mantel is positioned near an arched hallway leading to another space. A vintage-style blue armchair sits in the corner, complementing the rustic aesthetic.
Bathroom

Surrounded by stone and plaster walls, the bathroom displays a freestanding bathtub illuminated by a crystal chandelier. An arched stone alcove houses a vanity with a dark wood cabinet, a round mirror, and decorative wall sconces. A walk-in shower with tile detailing is visible through another arched entryway. Supplies for the bathroom can be neatly stored on an integrated glass shelf decorated with mosaic accents.
Source: Tod Christensen and Devin Johnston @ Russ Lyon Sotheby’S Intl Rlty via Coldwell Banker Realty
4. Gilbert, AZ โ $19,995,000

Ocotillo Sunset Ranch in Arizona includes 5 bedrooms and 6 bathrooms across 9,326 square feet on 4.35 acres. Valued at $19,995,000, the estate features a lavish primary suite with a fireplace, a two-story closet, and a spa-inspired ensuite bathroom. A nearly 4,000-square-foot day spa includes a sauna, steam room, hot tub, cold plunge, yoga room, and massage area. Outdoor amenities include a private go-kart track and a resort-style pool with a spa and cabana. “The Hideaway,” a 6,000-square-foot entertainment facility, features a chefโs kitchen, golf simulator, gaming station, dance studio, private batting cage, upper-level studio apartment, workout room, and lounge. The estate also includes a private gun range with two lanes and is conveniently located near top-rated schools, shopping, and dining.
Where is Gilbert?

Known for its vibrant small-town vibe and contemporary suburban architecture, Gilbert, Arizona is a great place to call home. Once known as the “Hay Shipping Capital of the World,” it has transformed into one of the fastest-growing communities in the country while maintaining its friendly atmosphere. The lively Heritage District offers a mix of trendy restaurants, boutique shops, and the iconic Water Tower, a symbol of the townโs agricultural roots. Outdoor enthusiasts can explore Riparian Preserve at Water Ranch, a lush oasis perfect for birdwatching, fishing, and hiking. With top-rated schools, family-friendly events, and a strong sense of community, Gilbert is one of Arizonaโs most desirable places to call home.
Living Room

There are tall black fireplaces with herringbone patterns and exposed wooden beams in the living room. A mix of seating, including a brown sofa, patterned armchairs, and wooden-framed chairs, surrounds a glass-top coffee table. Abstract artwork adds color to the neutral walls. The rustic wood flooring enhances the warm ambiance.
Bedroom

A black fireplace with geometric designs graces the bedroom, while a chandelier adorns the vaulted wooden ceiling. A large bed with earth-toned bedding is placed near floor-to-ceiling windows and glass doors that open to the patio. Two striped armchairs with a small round table create a cozy sitting area. Patterned curtains frame the outdoor view, complementing the natural wood elements.
Bathroom

A huge, built-in tub adorned with dark wood paneling and a glass-enclosed shower surrounded by mosaic tile walls are both found in the bathroom. Exposed wooden beams and recessed lighting highlight the space. A walk-in closet with illuminated shelving is visible through an open doorway. The floor is covered with dark tiles and accented with colorful rugs.
Pool and Spa

The outdoor pool area features a multi-level spa with water fountains and a built-in fire feature. A row of red Adirondack chairs sits on a raised platform within the pool. The surrounding space includes lounge seating, a shaded pergola, and various landscaped elements. A rooftop terrace and a garden-covered structure are visible in the background.
Pavilion

A covered pavilion adorned with ceiling fans and string lights serves as the outdoor dining area. Wooden picnic tables provide seating, while a built-in stainless steel outdoor kitchen offers grilling and prep space. A small fountain with multiple water spouts adds to the ambiance. Brick pavers and rustic metal accents contribute to the design. Trees and plants surround the space, creating a cozy and inviting atmosphere.
Source: Michael Steck and Heather L Steck @ Retsy via Coldwell Banker Realty
3. Paradise Valley, AZ โ $21,950,000

Casa de Niรฑos in Paradise Valley, Arizona, is valued at $21,950,000 and includes 9 bedrooms and 16 bathrooms across 17,265 square feet on 4 acres. The estate features soaring 26-foot ceilings, ponds, waterfalls, and views of Camelback Mountain. Outdoor amenities include expansive lawns, a tennis court, a resort-style pool with a swim-up bar, a ramada with multiple grills, a poolhouse with a sauna, and a 16-car garage with a 10-car man cave. The property comprises a main house with six bedrooms, two apartments, and a guesthouse. Interior features include Honduras Mahogany woodwork, limestone and marble floors, and multiple fireplaces. The main home is single-level except for the library.
Where is Paradise Valley?

The serene Arizona community of Paradise Valley is renowned for its large mansions, private resorts, and stunning desert landscapes. With strict zoning laws preserving its quiet, residential feel, the town has no commercial districts, yet it’s just minutes from the shopping and nightlife of Scottsdale and Phoenix. Outdoor enthusiasts can explore scenic hiking trails at Camelback Mountain and Echo Canyon, while architecture lovers admire landmarks like Frank Lloyd Wrightโs Norman Lykes House. The town is also home to world-class resorts, including Sanctuary and Mountain Shadows, offering luxury spas and fine dining with stunning mountain views. With its mix of exclusivity, natural beauty, and proximity to urban excitement, Paradise Valley truly lives up to its name.
Living Room

A crystal chandelier dangles from the high vaulted ceilings of the living room, which are adorned with dark wood beams. Arched windows with dark wood frames allow natural light to fill the space. A stone fireplace serves as a focal point, with seating areas arranged around it. The furniture includes upholstered sofas, armchairs, and wooden accent tables. Traditional artwork and antique-style cabinets enhance the classic design.
Kitchen

There are two huge islands in the kitchen, each with its own sink, and the cabinets are dark wood. The countertops are marble. A decorative chandelier hangs from a coffered ceiling with wood detailing. Arched windows provide a view of the lush outdoor landscape. Custom cabinetry and built-in shelves add storage and display space. An open archway connects the kitchen to a dining area with additional seating.
Theater Room

The home theater has a dark red color scheme with plush leather recliners arranged in rows. A large projection screen displays a classic movie scene, with built-in speakers and a ceiling-mounted projector. Wall sconces and recessed ceiling lights provide ambient lighting. A popcorn machine and concession-style counter add to the movie-watching experience. The walls feature vintage film dรฉcor and framed movie posters.
Bedroom

A four-poster bed rests atop an upholstered bench in the bedroom. A patterned accent wall adds texture behind the bed, while framed artwork decorates the surrounding walls. Two upholstered armchairs face a fireplace with a stone mantel that has been elaborately carved. French doors with an intricate archway design lead to an outdoor area with a pool. Floor-length curtains frame the doors, adding a soft touch to the space.
Tennis Court

A green backdrop complements the outdoor tennis court’s blue surface. Tall black fencing encloses the court for privacy and protection. Multiple light fixtures are installed around the perimeter for nighttime play. Lush landscaping with palm trees and manicured hedges surrounds the area. A covered seating area with arched openings is visible in the background.
Source: Joan A Levinson @ Realty One Group via Coldwell Banker Realty
2. Scottsdale, AZ โ $23,500,000

HardtSeasons in Prado Estates, North Scottsdale, is listed for $23,500,000 and includes 7 bedrooms and 18 bathrooms across 21,410 square feet on nearly 5 acres. Built seven years ago, the estate features two resort-style pools, a full bar, and seamless indoor-outdoor living with mountain and city views. The main residence has five bedrooms, while a separate 1,551-square-foot guest house offers two additional bedrooms. Amenities include a regulation-size underground basketball gym, a Jordan Room displaying 290 sneakers, a golf practice area with a 9-hole putting green, a golf simulator, a movie theater, and a jogging track. Architectural features include Costa Rican-inspired wood ceilings and Chicago brick accents, with smart home integration via the Elan Control System. The home comes fully furnished.
Where is Scottsdale?

A thriving desert city where contemporary luxury meets Old West allure, Scottsdale, Arizona, is located in Arizona. Known for its world-class resorts, championship golf courses, and thriving arts scene, Scottsdale offers everything from high-end shopping at Scottsdale Fashion Square to cowboy-inspired adventures in Old Town. The McDowell Sonoran Preserve provides breathtaking hiking and biking trails, showcasing the beauty of the Sonoran Desert. With a lively nightlife, renowned spas, and a booming culinary scene, the city blends relaxation with excitement. Whether you’re sipping craft cocktails under the stars or exploring Frank Lloyd Wrightโs Taliesin West, Scottsdale is a true desert gem.
Dining Room

In the dining room, you can find upholstered chairs surrounding a long rectangular table. A modern chandelier with two rectangular light fixtures hangs above the table. Large black-framed glass doors lead to an outdoor seating area, allowing natural light to enter. A side console table with decorative vases and abstract artwork is positioned against the wall. The space has a neutral color palette with wood flooring and a textured ceiling.
Bedroom

A wooden vaulted ceiling with recessed lighting adorns the bedroom. A large window with black trim provides a view of the outdoors. Two beds with upholstered headboards are placed against a neutral-toned wall, accompanied by a matching bench at the foot of each bed. A sitting area with a small sofa and a mirrored accent table is arranged near the beds. A wall-mounted television is positioned across from the beds.
Bathroom

Marble lines the walls and floors of the bathroom, which also features a spacious vanity with two sinks and dark wood cabinetry. A freestanding bathtub is placed against a metallic mosaic accent wall with built-in shelves. A glass-enclosed shower area is located nearby. A chandelier hangs above the bathtub, adding a decorative element. Large sliding glass doors lead to an adjacent space.
Basketball Court

The polished wood floor of the indoor basketball court is marked with lines for different sports. High ceilings with exposed wooden beams and industrial-style lighting fixtures provide ample illumination. The walls are lined with padded panels, and banners with motivational phrases are displayed. A viewing area with a railing overlooks the court from the second level. Multiple basketball hoops are installed for practice and games.
Pool

The outdoor area features a large pool with water fountains and a waterfall feature. A covered patio with a bar, seating area, and outdoor kitchen is adjacent to the pool. The main house and guest areas are visible in the background, with large glass doors and balconies. Steps lead up to different levels of the outdoor living space. The sky is illuminated by sunset colors.
Source: David Newman and Pushpit Tandon @ Real Broker via Coldwell Banker Realty
1. Paradise Valley, AZ โ $28,900,000

Valued at $28,900,000, this 22,000 square foot estate in Arizona’s Paradise Valley features 15 bedrooms and 16 bathrooms. Built in 1972 in a Spanish architectural style, the property spans 9.14 acres, making it the largest available non-hillside, fully landscaped flat estate in the area. The multi-residence compound is located in one of Arizonaโs most prestigious neighborhoods.
Where is Paradise Valley?

Paradise Valley, Arizona, is a desert oasis known for its luxury resorts, breathtaking mountain views, and serene ambiance. Nestled between Phoenix and Scottsdale, this exclusive community is framed by Camelback Mountain, Mummy Mountain, and the McDowell Mountains, offering stunning landscapes and world-class hiking. The town is a retreat for those seeking relaxation, with high-end spas, championship golf courses, and fine dining tucked into its peaceful, upscale neighborhoods. Despite its small size, Paradise Valley boasts some of the most luxurious real estate in Arizona, attracting celebrities and business moguls alike. Whether you’re admiring a fiery desert sunset or indulging in a five-star resort experience, Paradise Valley is the epitome of Southwestern elegance.
Kitchen

White cabinets, exposed wood beams, and a sizable island with barstools make up the kitchen. A mix of tile and brick backsplashes adds texture, while stainless steel appliances provide modern functionality. Pendant lighting and decorative chandeliers illuminate the space.
Dining Room

In the dining room, red-upholstered chairs surround a lengthy wooden table. A grand chandelier hangs from the beamed ceiling, and a large painting decorates the sideboard. Arched openings and carved stone details frame the space. A black grand piano is positioned near the dining area, accompanied by a tufted ottoman.
Library

The library has a two-story design with built-in bookshelves and a wooden balcony. A large arched window provides a view of the garden. Leather seating is arranged around a central coffee table, and a fireplace adds warmth.
Bedroom

Lots of windows let in natural light and provide a view of the garden from the bedroom. A seating area with armchairs and a small table is placed near the windows. The bed features a woven frame and is complemented by soft textiles and natural light.
Pool

The outdoor pool area includes a diving board and lounge chairs arranged on a spacious deck. A covered patio with a bar and seating is nearby. A white tower with a red tile roof adds a Mediterranean-style accent to the setting.
Source: Joan A Levinson @ Realty One Group via Coldwell Banker Realty
Ocotillo Sunset Ranch sounds incredible! The amenities, plus nearby golf courses, are a dream!