Scottsdale, Ariz., is one of the most desirable places to invest in real estate. With its strong economy, stunning desert scenery, and year-round appeal to tourists and residents alike, the city offers a variety of neighborhoods perfect for different types of investments. Whether you're looking for rental income, vacation properties, or long-term value, investing in Scottsdale offers numerous opportunities.
Here’s a breakdown of some of the top neighborhoods to consider for your next real estate venture.
Old Town Scottsdale
Old Town Scottsdale is known for its walkable streets, eclectic shops, art galleries, and vibrant nightlife. Properties in Old Town appeal to young professionals and short-term renters looking for a central location with plenty to do. Investing in this area often means choosing between modern condominiums and updated single-family homes. The demand for vacation rentals in Old Town is strong, thanks to its proximity to popular attractions, making it an excellent choice for those interested in short-term rental income.
McCormick Ranch
McCormick Ranch is one of Scottsdale’s most established neighborhoods, offering tree-lined streets, picturesque lakes, and many parks. The area is ideal for families and long-term renters who value a suburban feel while staying close to the city’s amenities. With a mix of single-family homes, townhomes, and condominiums, McCormick Ranch offers diverse investment opportunities. Properties here tend to hold their value well due to the neighborhood’s strong reputation and quality schools, making it a smart option for long-term real estate growth.
Gainey Ranch
Gainey Ranch is an upscale, gated community that appeals to luxury buyers and renters. Known for its resort-style amenities, including golf courses, a private clubhouse, and lush landscaping, Gainey Ranch is a standout option for high-end investments. This neighborhood attracts retirees, professionals, and snowbirds looking for a peaceful yet luxurious lifestyle. Properties here typically offer high rental yields, especially during the winter when demand peaks for seasonal rentals.
Kierland
Kierland combines urban convenience with suburban comfort. Located near Kierland Commons and Scottsdale Quarter, this neighborhood is perfect for those who want shopping, dining, and entertainment right at their doorstep. The area features a mix of modern condos and single-family homes catering to young professionals and retirees. Kierland’s walkability and central location make it an excellent choice for investors interested in properties that attract high-value tenants.
Pinnacle Peak
Pinnacle Peak is a luxury neighborhood known for its custom-built homes and breathtaking desert views. It’s popular for affluent buyers and renters looking for privacy and space. Investors interested in Pinnacle Peak can focus on high-end properties that cater to snowbirds and luxury vacationers. The area’s proximity to world-class golf courses and hiking trails ensures consistent demand, especially during winter.
Troon Village
Troon Village is another upscale neighborhood that offers a mix of single-family homes and luxury condos. The community is centered around Troon Mountain and the Troon Country Club, making it a favorite for golf enthusiasts and outdoor lovers. For investors, this neighborhood offers excellent potential for both long-term rentals and vacation properties. Real estate in Troon Village tends to appreciate well due to the area’s exclusivity and natural beauty.
Scottsdale Ranch
Scottsdale Ranch is a waterfront community known for its beautiful homes, lakefront properties, and recreational amenities. The neighborhood offers a mix of single-family homes, townhomes, and condos, catering to a wide range of buyers and renters. Scottsdale Ranch attracts families and professionals who appreciate its peaceful atmosphere and proximity to schools, parks, and shopping centers. The area’s strong demand for rental properties makes it a reliable choice for long-term investment.
South Scottsdale
South Scottsdale offers investors a more affordable entry point while benefiting from the city’s overall appeal. The area has seen significant revitalization recently, with new restaurants, shops, and entertainment options attracting young professionals and first-time homebuyers. Properties here include a mix of older homes with potential for renovation and newer developments. South Scottsdale’s growing popularity makes it an excellent choice for investors looking to capitalize on future appreciation while catering to a diverse tenant base.
Work With Matheson Real Estate Team
When it comes to buying or selling a home in Scottsdale, having a team of local experts on your side makes all the difference. The Matheson Real Estate Team combines decades of experience, deep knowledge of Scottsdale’s neighborhoods, and a passion for helping clients achieve their real estate goals. Whether you’re drawn to the vibrant lifestyle of Old Town, the luxury of North Scottsdale, or the family-friendly communities near top schools, our team is here to guide you every step of the way.
As Scottsdale locals, we understand what makes this city unique — its stunning desert landscapes and world-class amenities. We take the time to listen to your unique needs and preferences, ensuring that every recommendation aligns with your vision. Whether you’re looking for a modern retreat, a family home, or an investment property, the Matheson Real Estate Team has the expertise and resources to deliver exceptional results.
As Scottsdale locals, we understand what makes this city unique — its stunning desert landscapes and world-class amenities. We take the time to listen to your unique needs and preferences, ensuring that every recommendation aligns with your vision. Whether you’re looking for a modern retreat, a family home, or an investment property, the Matheson Real Estate Team has the expertise and resources to deliver exceptional results.
Contact the Matheson Real Estate Team today to start your Scottsdale real estate journey with a trusted partner by your side.