Paradise Valley, Arizona

Paradise Valley possesses the twin distinctions of shunning commercial development and having the highest home values and median income in Metro-Phoenix. With mountain views in every direction, this affluent town is nestled between Phoenix and Scottsdale. Camelback Mountain looms to the south, offering Paradise Valley residents the best view of the Praying Monk formation-the opposite side of the camel-which is what's visible to most Metro-Phoenix residents. Mummy Mountain is Paradise Valley's other distinctive landmark characterized by an almost invisible scar where someone once tried to build a road before the mountain tops were preserved from development.

Paradise Valley incorporated in 1961 to keep from being annexed and aggressively developed. Today it is home to celebrities, CEO's and professionals who enjoy the seclusion of acre-sized lots, natural desert vegetation and a lack of commerce. With Lincoln Drive and Tatum Boulevard as the major thoroughfares between Phoenix and Scottsdale, Paradise Valley residents have an easy commute in either direction. But do beware: While the Paradise Valley Police Department is relatively small-as is its entire city government-it was the first municipality to employ photo radar to catch speeders.

The few nonresidential establishments in Paradise Valley are country clubs, private schools and resorts-including the Camelback Inn and Hermosa Inn. For those Paradise Valley residents who do send their children to public schools, they are served by districts in Phoenix and Scottsdale.

If you're looking for a million-dollar home, this is a good place to start your search. After all, $370,000 is the median price in Paradise Valley.