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While the Arcadia neighborhood is not officially a historic district, Arcadia is arguably the HOTTEST real estate market in all of Phoenix right now! Often referred to as Midtown, Arcadia Lite and Lower Arcadia, the 85018 zip code is in high demand. you are guaranteed not to be disappointed if you can afford this hip, fun neighborhood which defines the epitome of the three most important rules of real estate…Location, location, location.
Read about Arcadia Today. You’ll see that the large properties, from a 1/2 acre to 5-acres, combined with the proximity of the luxury guest resorts along Camelback Road (like the Royal Palms Hotel), aid in Arcadia property values simply by sheer location. This is one of the most desirable and priciest addresses in Phoenix and there are many reasons in addition to its stellar location.
These custom-built homes from the 1920’s-1950’s have been maintained and heavily updated over the years. You’d be challenged to find a new home built with the excellent quality and craftsmanship from the good old Arcadia days. Even though many of the estate homes in the Arcadia Neighborhood have soared to over 6-million, you’ll have to be quick and aggressive when trying to buy one of these properties. Arcadia’s housing market has been (and will likely remain) the hottest real estate market in the valley.
The Arcadia neighborhood is a heavily family oriented neighborhood, has the best schools in the state, is close to the canal for bikers, walkers & joggers, and is just minutes from some of the finest shopping and dining in the city being in-between the Biltmore Fashion Park at 24th Street & Camelback and Scottsdale Fashion Square.
If you love Arcadia but can’t quite afford it, the area to the west and to the south are now referred to as ‘Arcadia Lite’, and offers mid-range priced Ranch-style homes built in the 1950’s and 1960’s. While you may not have a lush, green Arcadia estate on a large lot, you’ll still have the Arcadia feel and location perks as you grab a specialty pizza with friends at La Grande Orange market, sip a glass of wine at Postino Wine Cafe (40th Street & Campbell), or grab a cold beer or a whiskey at The Arcadia Tavern.