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Luxury Homes for Sale in Phoenix, AZ

Welcome to your dedicated resource for luxury homes for sale in Phoenix, AZ. This page is your live portal for listings that match the exact homes for sale you demand, filtering out irrelevant properties to save you time. As a local Phoenix, AZ agent, Levendi Realty specializes in the unique market dynamics of this area, offering insights into amenities, home values, and investment potential. Start exploring the luxury properties currently available below, or contact a local agent to discuss the details that matters most to your search.

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All Luxury Homes for Sale in Phoenix, AZ

$4,600,000
6 Beds 6 Baths 6774614 MLS 7,200 SqFt. 85021 Zip Code
Miami Meets Phoenix!! With a Fashion Glare to Contemporary Lifestyle! Welcome to (Nick-Named) FontaineBleau-New Construction 2024 Just Completed! A Must See to Experience the Quintessential Essence of Sophistication. Features A True Entertainers Style w/ Ease. Starting From Your Fingertips w/a Whole House Programable (RTI) Smart System Including Multiple iPad/Remotes( Lutron, Sonos & more), Full Wolf Appliance Package w/Custom 60inch Stainless Steel Hood, SubZero Frig/Freezer, 18ft Long H2O-Fall Granite Island, 48x48 Tile Floor from Italy, 21ft Enormous Tiled Fireplace, Floating Staircase, 5 Bosh a/c Units, Under-Mount Lighting, RO & Whole House Soft H2O Drinking System, Wine Cellar, 24ft Palm Trees, Resort Style Yrd, Sparking Blue Pool, w/Sunken Fireplace, Full BBQ, & Gazebo. Tons More!! (Lutron, Sonos & more) places control at your fingertips with multiple iPads and remotes. The home is powered by five Bosch 25-SEER A/C units, ensuring maximum comfort and efficiency, while a reverse osmosis and whole-house water softening system adds everyday convenience. The primary suite is its own sanctuary, with spa-level finishes, an oversized shower, two private toilets, and a custom closet with its own in-suite washer and dryer. A floating staircase, wine cellar, and architectural details throughout showcase the home's blend of style and substance. Outdoors, a resort-inspired yard awaitscomplete with a sparkling pool, full outdoor kitchen, gazebo, putting green, and a dramatic sunken fireplace with built-in seating. The property is framed by 22-24 ft palm trees that light up at night, creating a private tropical retreat right in the city. To top it off, the neighborhood is known for its welcoming community with regular get-togethers, blending luxury living with connection. This is more than a homeit's a statement of style, technology, and sophistication. And now, priced below recent appraisal, it is an exceptional opportunity to own one of Central Phoenix's most iconic new builds.

8037 N 7th Avenue, Phoenix

$2,125,000
29 Beds 29 Baths 6770068 MLS 85032 Zip Code
17-UNIT VALUE-ADD WORKFORCE HOUSING PORTFOLIO | $2,125,000 | Approx. $125,000 Per Unit. Not every investor is the right buyer for this portfolio and that's exactly the point. This 17-unit workforce housing portfolio consists of individually deeded condominium units within Mountain Springs Terrace and is being offered as a single investment opportunity. The portfolio includes eleven 2-bedroom plus den/2-bath units, five 1-bedroom plus den/1-bath units, and one 3-bedroom/1-bath unit. (The den functions as a bedroom but does not have a window.) Offered at $2,125,000 approximately $125,000 per unit this is a value-add opportunity designed for investors who understand cash flow, operational improvements and long-term appreciation rather than turnkey perfection. The projected income profile offers the type of risk-adjusted return experienced investors often seek in workforce housing assets, recognizing that stronger returns typically accompany opportunities requiring active ownership and thoughtful management. This is an unwarrantable condominium community, making conventional residential financing challenging. The ideal purchaser will be an experienced investor utilizing commercial financing, cash, a 1031 Exchange, private capital, or other investment strategies appropriate for this asset class. Many units have been renovated over time, and every residence includes its own washer and dryer an amenity that continues to attract long-term tenants. The community offers covered parking, a swimming pool, on-site management office, barbecue area, and convenient access to major employment corridors, shopping, Loop 101, SR-51, and public transportation. Investment Highlights: Individually deeded condominium ownership providing long-term ownership flexibility and multiple future exit strategies. Professionally managed HOA. Continued capital improvements and ongoing maintenance demonstrate proactive ownership. Strong demand for workforce housing in an established North Phoenix rental market. Every residence includes an in-unit washer and dryer. Attractive basis at approximately $125,000 per unit. This is not a passive investment. It is a portfolio built for investors who understand Class C workforce housing, recognize value-add opportunities, and appreciate the balance between operational involvement and long-term income potential. If you're looking for a pristine institutional asset, this isn't it. If you're looking for cash flow, upside, and know how to operate Class C workforce housing, let's talk.

18202 Cave Creek Road Unit 17units, Phoenix

$1,200,000
6702718 MLS 85022 Zip Code
North Phoenix development on a rarely offered C-2 Zoned lot with frontage on Cave Creek Road. One of the last few vacant lots on Cave Creek Road can be yours. High traffic area along Cave Creek Road with numerous businesses and supporting residential including multi-family and luxury homes. One of the most desirable Zoning Types, C-2 allows for tremendous flexibility and options for a wide variety of businesses! Mountain Views add to this amazing lot and all the options/opportunity! Close to Cactus Road, Greenway Pkwy and Bell Road, Loop 101 and SR-51 are also just 5 minutes away. Seller Carry or Joint Venture for the right buyer/opportunity. Self Storage, Retail, School, Daycare, Automotive, Residential multi family, Office, Flex warehouse, so many options! Traffic Analysis Cave Creek Road near this location (around the intersection with Loop 101/SR-101) sees high daily traffic, supporting the listing's claim of a "high traffic area." Recent data indicates an average annual daily traffic (AADT) of approximately 90,000-96,000 vehicles, making it suitable for businesses relying on visibility and foot traffic. C-2 Zoning: Allowed Uses and Flexibility Phoenix's C-2 zoning (Intermediate Commercial) is designed for a wide range of commercial activities, with many uses permitted outright or via a use permit. It emphasizes flexibility for businesses while requiring most operations to occur within enclosed buildings (except where specified). This aligns with the listing's highlights of "tremendous flexibility" for various options. Key sections from Phoenix Zoning Ordinance Section 623: Permitted Uses (outright allowed, including all uses from lower-density districts like C-1, R-3, R-4, R-5 for residential components): Retail sales (e.g., antiques, architects' supplies, automobile parts, building materials, clothing, florists). Offices and professional services (e.g., contractors' offices, dental labs, engravers). Automotive-related (e.g., auto parts sales, seat covers/trim shops, rental with limitations). Wholesale and storage (e.g., beverages, chemicals, dry goods, frozen foods, furniture repair/refinishing). Multi-family residential (permitted as in R-3/R-4 districts, including apartments). Educational and care facilities (e.g., schools, daycaresoften as accessory or with conditions). Warehousing/flex space (e.g., bank vault storage, cleaning plants, contractors' supplies). Other: Assembly halls, bowling alleys, car washes, family game centers, medical labs. Uses Requiring Use Permits (conditional approval needed, often with site-specific reviews): Auctioneers' auditoriums, bus terminals, exhibition halls. Adult-oriented businesses (with strict location restrictions). Outdoor activities or larger assembly halls (25,000 sq ft). Compressed natural gas sales at service stations. Certain manufacturing or processing (e.g., bakers' goods, bookbinders). Accessory Uses (allowed secondary to primary uses): Massage therapy in beauty shops. Blood banks/plasma centers accessory to hospitals. Outdoor dining or events (with permits in some cases). Restrictions: Most uses and storage must be within closed buildings. No on-site maintenance/fueling for certain operations (e.g., auto rentals, bus terminals). Distance requirements for sensitive uses (e.g., adult businesses must be 500-1,320 feet from schools, parks, residential zones). Environmental/safety standards (e.g., non-combustible cleaning agents, no bottling for beverages). Residential uses are permitted but must comply with multi-family standards from lower districts. The suggested uses in the listing (self-storage, retail, school, daycare, automotive, residential multi-family, office, flex warehouse) are generally permitted or allowable with a use permit under C-2, confirming the "desirable" zoning claim. Development Potential and Considerations This lot's rarity as one of the few vacant parcels on Cave Creek Road, combined with mountain views and proximity to highways, positions it well for commercial or mixed-use development. High traffic could benefit retail or service-oriented businesses, while C-2's flexibility supports the listed options.

14220 N Cave Creek Road, Phoenix

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