While the Arcadia neighborhood is not a historic district, and it is not even entirely in Phoenix (the eastern edge is actually in the City of Scottsdale), Arcadia still has a big place in Phoenix history and so we are claiming it!
The large properties (some near 5 acres, but rarely less than half an acre) and the original luxury guest resorts along Camelback Road like the Royal Palms, will give today’s house hunter an idea of Arcadia property values at a glance. This is one of the most desirable and priciest addresses in Phoenix. There are many reasons for that.
Custom-built homes from the 20s- 50s have been maintained and updated over the years. You’d be hard pressed to find a new home built to the same high quality today. As a result, the estate homes in the Arcadia Neighborhood can quickly soar to over 3 million and, even in this economy; you’ll have to be quick and aggressive when trying to buy one of these larger homes. Arcadia’s housing market is definitely an anomaly in the valley of the sun.
The lush, green, mature landscapes of the irrigated Arcadia parcels are not found many places in Phoenix. Remnants of orange and date groves still suggest a hint of “rural” and so do the quiet streets dotted with whatever the architectural style–Ranch, Revival, Pueblo style, or some architectural blend.
Rural feel or no, Arcadia homes are just minutes from shopping and dining at the Biltmore Fashion Park (24th Street & Camelback, Phoenix) or the Scottsdale Fashion Square (Scottsdale Road & Camelback, Scottsdale). A short drive will get you to downtown Phoenix, or Old Town Scottsdale, or to Phoenix Sky Harbor International Airport in about 15 minutes.
The Arcadia neighborhood seems meant for families. The schools are some of the best in the state. Homes vary in size but have lots of space, and the large yards have pools and sport courts for active kids. The biking paths along the Arizona Canal that borders Arcadia on the south offers another opportunity for expending young energy without worrying about traffic.
And if you love the Arcadia area but don’t have the budget to support an estate, Arcadia Lite (to the west) offers mid-range prices for charming homes (mostly Ranch-style, built in the 50s and 60s). While you won’t have a lush, green Arcadia estate with acreage, you will still have the Arcadia feel as you meet your neighbors over coffee at the bustling La Grande Orange market or over a glass of wine at Postino’s Winebar (40th Street & Campbell). Entry level begins at around $300,000.
Arcadia was named a “Best Place to Live” by Money magazine and it’s not hard to figure out why!